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  • Hacker News
  • You first, Larry. Any functional social credit would have him at "untouchable" levels.
  • Like forcing ESG wasn’t creepy enough. Social media is already too much herd mentality.
  • I co-founded a holiday real estate-backed crypto project in 2019. We only raised $50k though. Just enough to buy 1 unit in South Africa. We started using profits to do on-chain token buybacks with proof of burn. We proved the concept but scale was too small with just one apartment. It was a really cool concept though. Too bad the powers-that-be didn't select us.

    The main problem with blockchain projects is that they're not decentralized in the way that counts. You still have to be chosen by the powers-that-be. There's still only one path to success; just like the rest of the tech sector.

  • Dude who became powerful by the simplest business model in existence (buying S&P winners with other people's money, selling losers), suddenly gets to set the policy for the rest of the world. Index funds should never be allowed to vote in corporations they own as their business model is just a simple rental of success.
  • All you need to read is the manipulative marketing buzzword jargon littered throughout articles like this to realize they do not have your best interests in mind.
  • That's how democracy was bypassed. Whoever you vote for, they'll do what Fink says, not what voters choose.

    In the UK, it's the duty of MI5 to ensure such corruption of state doesn't happen. See how well they protect British public:

    https://www.reddit.com/r/LabourUK/comments/1gx4qoa/keir_star...

    https://www.gov.uk/government/news/new-digital-id-scheme-to-...

    Security services should start doing their job and restore our democracies.

  • What I find funny about this is that cryptocurrency - a supposed way to create a currency independent of bank or government control - laid the foundation for this. Look at all the terminology Larry Fink is throwing around here: tokens, ledger, fractional ownership.

    Good stuff, thanks guys!

  • Use cash. Get cash out at the ATM, keep it in your wallet. Spend it at local businesses. Even if you can’t do it all the time do it as much as you can. Start today and stick with it.

    Otherwise this is what we’ll be stuck with everywhere all the time. There won’t be a choice anymore if you don’t exercise that right. We’re already far down this slippery slope.

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