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sedtrader

185 karma · joined December 5, 2017

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sedtrader··on U.S. To End Policy That Let Legal Pot Flourish
> Not sure of the logic there.

Its really simple, if you don't understand this, you need to question your own logic. Basically the Marijuana issue should be a state decision, not dictated by the Fed Govt. What don't you understand here?

sedtrader··on U.S. To End Policy That Let Legal Pot Flourish
> as polls show a solid majority of Americans believe the drug should be legal

I am for the legalizing of marijuana, but considering the majority of Americans live in only 9 of the states, decisions should not be made based on the "majority". Federal law based on what the majority wanted was one of the things that the framers were afraid of. 9 states should not be able to dictate what occurs in the other 41 states and vice versa. Full state rights. Again I am for the legalization marijuana, but this needs to be a state by state decision, not federal govt.

sedtrader··on A gene therapy to treat a rare, inherited form of blindness will cost $850K
This is why the majority of medical breakthroughs and innovations occur in the US. Sure capitalism has its negatives, but its positive is that it provides vast financial incentives for people to create new solutions while at the same time filling a need for humanity. $850k is a hefty pricetag, but the ability to see your loved ones is priceless. Win/win for everyone involved
sedtrader··on New California law allows liquor companies to pay for free rides
> Thousands attending Super Bowl 50 in Santa Clara in 2016 didn't have options to get home safely after drinking

Pardon my humor, but do designated drivers exist anymore? or was that just a fad that went out of style?

sedtrader··on Ask HN: What Are Your New Years Resolutions or 2018 Goals?
More intermittent fasting. The health benefits are well documented.

https://www.healthline.com/nutrition/10-health-benefits-of-i...

sedtrader··on Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk
Going to need some rules and regulations. Last thing we need are big banks overleveraging on crypto currencies for the excess return. When, not if, this bubble bursts hopefully it doesn't take the whole economy down with it. The whole financial market wants exposure to crypto at this point.
sedtrader··on Brain inflammation sows the seeds of Alzheimer’s
> Documented in what way?

Some of the most reputable organizations in medicine have documented the dangers of an high sodium diet.

https://www.hsph.harvard.edu/nutritionsource/salt-and-sodium...

https://www.cdc.gov/salt/pdfs/children_sodium.pdf

There are still some people that believe that smoking doesn't cause cancer after decades of research. In the end you are free to believe as you wish. Godspeed

sedtrader··on Brain inflammation sows the seeds of Alzheimer’s
I think the dangers of a high sodium diet are pretty well documented, especially in the west where they have very high obesity rates. I would take Dr. DiNicolantonio's advice with a "grain of salt" haha
sedtrader··on Uber is officially a cab firm, says European court
>If I let people pay to use my personal workout equipment, then I'm operating gym.

If I let people pay to use my phone, then I am operating a cellular company. If I let people pay to use my lawn mower, then I am operating a grass cutting company. etc... No logically this ruling makes no sense. Just upset taxi companies that want to maintain the status quo.

sedtrader··on Uber is officially a cab firm, says European court
Calling Uber a tax firm is akin to calling personal workout equipment a gym. Or calling a bed and breakfast a hotel. Don't get me wrong Uber should pay its fair share of taxes/fees, but bunching apples and oranges together for the sake of policy simplicity comes off as non-progressive in my view.
sedtrader··on Bitcoin Cash deals frozen as insider trading is probed
Regulations are the next logical step here. My best guess is that the red tape will at least dampen a lot of the mania around cryptocurricines and bring people back to reality.
sedtrader··on Gerrymandering with geographically compact districts
> the parties have no ideology attached to them

That statement is simply incorrect. Both parties have a clear ideology that ebbs and flows for the sake of remaining in power

> If you change the candidates of the party, you have changed the ideology of the party.

That is also incorrect. The 2 parties may slightly adjust their ideology for the sake of power but the core of their ideology remains the same.

sedtrader··on Gerrymandering with geographically compact districts
We shouldn't have to go through one of the 2 major parties to contend as a third party candidate. One way to solve this could be putting caps on campaign financing which would level the playing field for smaller 3rd parties. But that would never happen because the major 2 parties make the rules and that would hurt their dominance. By voting for either party we are essentially enabling the either-or system to continue
sedtrader··on Short Seller Says Naive Bitcoin Traders Open a Pathway to Profit
Citron is on the short side. Their entire investment strategy of the company is to short assets, in this scenario the future is used as an arbitrage hedge, but overall yes citron is short biased on bitcoin.
sedtrader··on Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut
Yes, NJ did illegal actions and they were charged with fraud... Not sure what you are saying here? You are supporting my case.
sedtrader··on Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut
> bank bailouts with taxpayer money

You do know the banks payed back the bailout money with interest and added fines right? Overall it was a net positive for tax payers. Not sure how that's a fraud... Your other examples are suspect as well...

sedtrader··on Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut
Wants important is the blockchain technology. As Bitcoin continues to grow it further legitimizes the strength of the blockchain technology which can be applied to many other areas in tech. Bitcoin itself is useless, essentially sending "thin air" back and forth as someone else put it.
sedtrader··on Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut
My best guess is that this is great for everyone involved. Traders and investors can hedge future risk, brokers and exchanges can rack up fees, and institutional banks can hold the futures contract of an unregulated asset on their balance sheet. Eventually something will have to give, but for now I don't see any negatives here.
sedtrader··on The Great American Share – Sam Altman Interview on Basic Income
> do you just not trust the poor?

Its not a matter of trust, its a matter of likely occurrence. In the event that someone uses their UBI on something non-essential like gambling/drugs instead of paying their rent. What do we do as a society? My solution is pay for the essentials like food, housing, medical, etc directly instead of handing out cash. This eliminates that possibility.

sedtrader··on The Great American Share – Sam Altman Interview on Basic Income
> America competitive in the world—lies in giving every citizen a regular allotment of money to cover basics like housing, food, and shelter.

Out of curiosity don't we already do this? We have public/section 8 housing, food stamps, medical/dental, etc... If we are talking about handing out cold hard cash as basic income, as the statement implies, then that is a recipe for disaster. There would be no guarantee that people would use that money for basics like housing and food.

sedtrader··on An Open Letter from Freelancers at Nautilus Magazine
I saw the writing on the wall when Nautilus had a promotional piece for the multibillion dollar hedge fund Two Sigma as their leading article a couple weeks ago. While at the same time asking for donations to help them remain independent. They apparently are desperate for funds at this point and cant even afford to pay their staff.
sedtrader··on Target to Buy Shipt for $550M
Smart decision by Target. Certainly a necessary move to simply keep pace with walmart, bestbuy, Amazon, etc. Doesn't really provide a clear edge, but allows Target to stay competitive in the market for the near future. Interesting decision by Shipt, a little surprised they couldn't get at least 1 billion for the purchase considering how big the e-commerce market is and its expected long term growth.
sedtrader··on Litecoin and Ethereum buys and sells are temporarily disabled
A lot of emotion with LTC. People are downloading Coinbase and buying LTC simply because it is the cheapest on Coinbase. This is definitely a bubble, really cant deny that anymore. All emotional, non-rational behavior.
sedtrader··on From Bezos to Walton, Big Investors Back Fund for ‘Flyover’ Startups
> The focus of my post was that it seems clear that economics is what forced those cities to crash.

Economic policies from politicians influence economics. If policies are bad for business, jobs will leave, crime will rise and populations will decline. Economics don't happen in a vacuum. Most if not all of those declining cities have been consistently run by democrats

sedtrader··on From Bezos to Walton, Big Investors Back Fund for ‘Flyover’ Startups
Name one?
sedtrader··on From Bezos to Walton, Big Investors Back Fund for ‘Flyover’ Startups
> didn't mention San Francisco, Seattle, New York or Los Angeles which have all been run by Democrats for decades.

Are you really citing SF, New York, and Los Angeles as success stories. Those areas have some of the highest rates of homelessness in the US. In addition to the run away costs of living in those cities, they are certainly not models for success. Those examples don't help your argument...