Comments by "" (@badluck5647) on "WSJ News" channel.

When economists and journalists warns us against cryptocurrency, few listen. When Jim Gordon warns us, we take notice. Society is dumb.
63
Your college degree really only helps you with your first job, and even then, you will likely be overlooked without an internship. While it is nice to build into a network by your parents, it isn't difficult to create your own network during college by joining the right organizations.
6
Crypto is unregulated, because Sam Bankman, the founder of FTX, was the second biggest donor to the Democratic Party. The Swamp in action.
6
@wavyremix Gold and silver have intringent value due to their use it manufacturing of multiple products. Cryptocurrencies' intringent value is zero.
5
@wavyremix It’s estimated that Bitcoin consumes electricity at an annualized rate of 127 terawatt-hours (TWh). That usage exceeds the entire annual electricity consumption of Norway. Imagine the value these resources could add to the global economy if they weren't wasted on a speculative bubble.
5
Uncanny valley
4
🎶Well, blame Canada, blame Canada. It seems that everything's gone wrong since Canada came along. Blame Canada, blame Canada. They're not even a real country anyway, 🎶 - South Park - Bigger, Longer, and Uncut
4
 @bngr_bngr I would be surprised if they didn't talk to a lawyer
3
Gap years will actually hurt you.
3
How are they defending corporate interests?
3
_"First, they came for the Socialists, and I did not speak out— Because I was not a Socialist. Then they came for the Trade Unionists, and I did not speak out— Because I was not a Trade Unionist. Then they came for the Jews, and I did not speak out— Because I was not a Jew. Then they came for me—and there was no one left to speak for me."_ -Martin Niemöller
3
☝️ Says someone who probably lost all their money on crypto
3
California Democrats are champions of their wealthy donors.
2
I grew up in Houston during Eron's collapse. Many people my parents knew were in serious financial trouble because not only did they lose their jobs at Eron, but they also lost tens of thousands of dollars on investments into Eron. This is why I don't invest in the same place I get my income
2
 @wavyremix Any currency that no one spends is useless as a currency.
1
@wavyremix Because nothing is 100% efficient, then we should burn enough coal to power a country for a year on something that adds nothing of value to the global economy? What a dumb argument.
1
@wavyremix The US dollar's value is due to it being a stable means of exchange with a guaranteed demand as long as the US government requires people to pay their taxes in dollars. Meanwhile, Bitcoin is useless as a means of exchange as it is slow at transactions, requires a lot of energy, and the value fluctuates wildly. Instead of having at least some demand created by a government, Bitcoin value can drop to zero onces the speculation bubble pops. The US dollar also doesn't require a county's worth of energy to create and preform transactions. Bitcoins are a less efficient alternative. Google autocorrects into whatever it wants to
1
@JB-sc6op True. Paid internships are super competitive.
1
It seems to be preferred by people with bad credit. Not really sure why.
1
They wanted inside information into MAGA.
1
@matth5275 "Gazpacho police" - MAGA's favorite congresswoman
1
Did you not even watch the video? They are talking about how the pay increase for new hires is dropping. They never claimed the pay increase went away.
1
Companies tend to only pay dividends when there is high revenue but low growth potential. It makes sense as a source of income, but you are better off with growth stocks when you are young and thinking about retirement.
1
@Sharp2012UpTempo The opposite. You want a large principle early on. Work on your math.
1
@Sharp2012UpTempo If you were being sarcastic, then you are ignorant that your comment lacks any tone.
1
@Trust_but_Verify Be honest. Do you think people are listening to him because he has an economic degree or because he was on tv?
1