thisgoesnowhere

Except that scalpers are in fact the bad guy.

Yeah I'm sure Taylor Swift just isn't as smart as you are and she's just leaving money on the table due to incompetence. If only everyone listened to you the whole problem would go away.

The market giveth and all entités are rational.

Arguing with you would be like arguing with a libertarian.

There is no point arguing with someone so detached from reality.

Scalpers provide value in the same way that any rent seeker provides value.

If you assume that the only way to make a profit is to provide value, then by a tautology anyone who has the ability to command as profit provides value.

The alternative is also true.

People, as non rational actors, hate auction markets. Which is why this doesn't happen.

"internet commenter realizes that the optics industry cares about optics"

You are making the argument that "technically" stub hub only enables scalpers but is not actually a scalper themselves.

Wonder how far the goalposts have to move before you realize how embarrassing this is for your ideology.

Ding ding ding!

It's almost like there is a reason why they don't do that.

But what could it be?

https://www.google.com/search?q=angry+at+ticket+prices

I was responding to your astute observation not making a broad comment about economies of scale.

> I don't know of any multi-millionaire ticket scalpers.

I'm sure it's just that easy.

I hope it's clear that I'm not blaming the average person caught up in the housing market for the broader climate in which they live. It is fucked and I don't see a way out. If we build enough housing the price of their retirement asset drops and they are fucked and if we don't then we continue seeing mass homelessness and dropping birth rates.

I don't have a solution, I'm commenting that the typical things that are blamed for the housing shortage are symptoms not causes.

Stubhub is a small family business bootstrapped by hard working folks just like you or I. My bad for saying they are value negative.

"no, scalpers are good actually"

Tell me more about how they don't care about their property value they are simply trying to uphold the character of the neighborhood.

Really the property owners and landlords are the victims here.

Very similar to the arbitrage markets for appointment reservations [1] and ticket scalping. All of which are value destructive businesses that are needless layers of abstractions resulting in a worse experience for everyone other than the arbitrager.

While it's fun to watch them get screwed since they provide negative value and yet make a profit, there is a never ending supply of scam artists waiting to take their place.

1. https://appointmenttrader.com

And yet here we are

The restrictive zoning practices, long approval processes ridiculous permitting costs etc are in place because most people's entire net worth is held up in housing and they vote for laws that keep the price high for that reason.

It's completely backwards to think that the reason why housing is expensive is because of those symptoms when the root cause is more than half the population wants mega high housing costs.

Ooooooof yikes. It's weird because on one side I agree with her that we are punishing the youth who commit small crimes too hard, but on the other hand I think murder is a different beast entirely. If what I've read about the case is right I think it's awful what was done.

Doesn't seem to be much support for her from my brief search online. So that's a bonus.

I have yet to see a politician who has ran on "not prosecuting crime" and winning. It's a batshit crazy mega unpopular opinion that we should not prosecute crime so I'm shocked you are so close to someone who was able to succeed on that.

Can you share who this person is so I can look up what they ran on?

Yep, its a very bizarre argument that we should focus on the good as if there will be some terminal state where things get better of and only if we believe.

There is no end, it's tradeoffs all the way down. And the good things that are happening are hard won victories from people not accepting the status quo.

The Canada trucker protests are proof that the government can easily stop transfers even if they can't size the actual asset (which I would like to point out, they technically cannot legally do that with bank account either).

The whole thing is just postulating about a hypothetical then getting mad when it's completely wrong.

The "You cant stop our unstoppable money" to "it's disgusting that you have the power to stop our unstoppable money" pipeline

We have no idea how much wash trading is happening. I know for a fact that it is not all wash trading but it's also not 0% wash trading. Both extremes are equally absurd to claim.

> Every time a trade happens, someone is "coming in" and someone is "getting out"

This is not true in a wash trade which is what I have repeatedly been saying.

All that matters is if there if fresh money coming in and how much there is if the German government tried to sell. We have no idea how much money is fresh and how much there is wash until someone places a legitimate market sell for a large quantity of BTC.

I'm not saying it is wash trading since I don't have a cristal ball or insider info but after the recent lack of price action from the ETFs, it doesn't suggest the existing volume is legitimate.

The bitcoin ETFs have had 7b in us dollar inflows in a week?

I'm talking purely in relative terms to the entire us stock market.

You think that there is the equivalent of 3.8b dollars of inflowing to Bitcoin specifically every day?

The total amount individual traders put into stocks in the first week of the year is ~7b. Is Bitcoin actually > 3x higher than that?

https://www.bloomberg.com/news/articles/2024-01-05/bofa-says...

Coercion is such a meaningless term now that libertarians have got ahold of it.

Coercion, in this case, is when a system exists that you don't understand yet you have to follow it's rules.

Which is why mom is clearly being coerced into using the internet. Don't get me started on how my dad get coerced by logistic networks when he gets a package delivered?

Abstraction and interfaces into complicated systems are the best part of the modern economy yet somehow you found the opposite conclusion.

There are many apps that work when the user is entirely offline and HTMX is not a good option if that is a key requirement of your app.

Figma is an example.