Basically a deer with a human face. Despite probably being some sort of magical nature spirit, his interests are primarily in technology and politics and science fiction.

Spent many years on Reddit before joining the Threadiverse as well.

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Joined 2 years ago
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Cake day: March 3rd, 2024

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  • Only disappointing thing is they can still see and respond to my posts, just that I can’t see it. I wish they couldn’t see anything I posted either.

    I’ve seen this view in discussions of blocking before and it really bugs me. You’re desiring to unilaterally control what I can see and do on the Fediverse.

    This is how it works on Reddit and it’s a terrible mechanism. It means you can preemptively ensure that anyone who might refute misinformation will be excluded from your threads before you post them. It means you can step into a conversation I’m having with someone, derail it, and then prevent me from responding to your derail. Over on Reddit by far the most common use I see of the block tool is to get the “last word” in on whatever argument is going on, posting some sort of seemingly clever comeback and then instantly blocking me before I can point out the flaws.

    For anyone wondering how the blocking feature has been weaponized to spread misinformation, in 2022 a redditor did an experiment: https://www.reddit.com/r/TheoryOfReddit/comments/sdcsx3/testing_reddits_new_block_feature_and_its_effects/





  • My understanding is that this isn’t quite how it is. Shareholders don’t demand profits as much as they demand that their share value go up.

    I read some time back that this is because of tax law. Dividends are taxed as income, but growth in share value is capital gains and so isn’t taxed nearly as much or in the same ways. It does unfortunately make some sense, if share value repeatedly goes up and down I wouldn’t want each “up” to be taxed as if you’d accumulated that much additional money. You’d have to be constantly selling shares to pay your taxes on them. But as a result, it means that when a company winds up making a profit and having a big pile of cash they need to decide what to do with, shareholders will usually prefer that the company invest that cash into making the company bigger and more valuable rather than simply giving it back to them as a dividend. So you get companies always trying to grow, because the shareholders demand it for reasons that make perfect sense to each one individually.

    I’m not sure what a good solution to this is. Economics is one of those fields that seems simple on the surface but has a ton of gotchas hidden at every variable. It’s a special case of game theory.