Posts by julian.smith 353 publicly visible posts • joined 7 Mar 2016
Australia has a dismal record in anything related to information technology.
"What I will say is that we will be holding talks with Russian law enforcement about these individuals.
Let us know how it goes
Their capability to "go after" Russian hackers is zero.
Empty posturing
Elon folded because even he understood that Kathaleen McCormick wasn't going to cop it from a tosser like him
Game score
Delaware 1 Musk 0
Berghain 1 Musk 0 (They've seen plenty of wannabees at Berghain)
There's a pattern here
His purchase of Twitter looks like one of the greatest incinerations of capital, look for the business school case study
Couldn't happen to a nicer person .... apart from Donald the Russian asset
Kathaleen Saint Jude McCormick (the Chancellor) has not fallen for any of Musk's shenanigans.
It's all still on:
- the depositions
- the trial
- the multi-billion dollar purchase of Twitter for the agreed price
Musk doesn't make the rules in her Court
Elon's way out of his depth on this one
this deep fake was refined enough to fool several .....
"highly intelligent crypto community members."
... a classic demonstration of an oxymoron
"Criminals don't need advanced technical skills to steal your funds — all it takes is making you believe them."
A neat description of the crypto "industry"
Warren Buffet said all of Bitcoin was worth less than $25 .... I think he overvalued it.
Elon will be VERY lucky to get out of his Twitter brain fart for the $1 billion breakup fee.
The legal opinions, as distinct from Elon's fantasy, are that he's on the hook for the agreed purchase price. The concepts of:
- not a leg to stand on
- specific performance (completing the agreed purchase)
are relevant here.
The trial will be in the specialist jurisdiction of Delaware, not on Twitter.
They know what they are doing there - the judge, Delaware Chancellor Kathaleen McCormick, has got form with tossers like Elon.
Celcius has "an approximately $509 million uncollateralized claim against this party"
They loaned $500 million to a "party" WITHOUT collateral!
No wonder they've got a $1 BILLION+ hole in their balance sheet
Sam Bankman-Fried took one look and said they were uncooperative and had a $2 billlion hole... and walked away
LMAO
The hole in the balance sheet is because they didn't properly hedge their USD / crypto exposure
Gone in a puff of smoke
Just waiting for TETHER (which won't provide audited financials) to implode
Tether Market Cap $65.33B
Tether 24H Volume $44.81B
Watch that space
Matt Levine from Bloomberg is the man. He's been documenting the legal and financial issues of Elon's Twitter brain farts for a while.
He has a (sort of) daily email. You can get it here:
https://www.bloomberg.com/account/newsletters/money-stuff?source=NLshare
He also has high quality, well qualified information on crypto and other interesting financial matters.
Is there a problem?
.. almost all American shooting victims are Americans
It's not going to solve the real problem ... there are way too many Americans .. but it's a start
Plenty of good money to be made
- AI "detection"
- arming the teachers
+++
Will the "Final Solution" will be arming the students? ... what could possibly go wrong?
So many guns, so little safety ... when you are in a hole stop digging... LMAO
The USA (an oxymoron):
- where armed traitors freely roam the streets, where the(Confederate) flag of treason flies freely
- unable to protect its Capitol
- unable to protect its children
- where Christian nutjobs control the Supreme Court
+++++
A clusterfuck
American gun-related deaths are not a problem - recipients are almost exclusively American.
No civilised people are even injured in this process.
The next step in the NRA's Master Plan will be to arm all school children .... what could possibly go wrong?
It's a business opportunity that also results in Species Improvement
WIN WIN
"You can't say that of crypto, it's right out in the open"
I call BS
- how did Celsius (withdrawals halted) make its money?
- how does TETHER (the black hole that will destroy Crypto) make its money?
... why won't it provide a credible audit of its "assets"?
Step right up and get done again!
"Last year, Tesla's "Big Battery" in Victoria, Australia, burst into flames and burned for days,"
At an investor briefing in Paris, Neoen CEO Xavier Barbaro stated that it’s too early to determine if the fire on two of the 212 Megapacks in the Victoria site would delay the battery system’s rollout.
The incident was on day 2 of testing.
It was controlled It didn't affect the rollout.
I'm no fan of Flaky Elon and look forward to him being forced to put his outsized mouth where his reduced money is where his mouth is by being forced to buy Twitter for $54 when it's current price is $37
BUT
I despise lazy reporting ... even from El Reg.
"Timeshift is a useful tool. But it's not some piece of magic that can't be done using cp, dump, tar, pax, rsync, together with cron."
Timeshift means you don't have to learn and configure "cp, dump, tar, pax, rsync, together with cron"
It is a great set and forget solution to the backup / restore problem. Works seamlessly in the background
THEN
when you really, really need it it does a full system restore in around 5 minutes from an SSD
Every time it saves my systems I send TJ $10 - best investment I ever made
In the background the sale process continues (see Matt Levine at Bloomberg for details)
All of the "pause" stuff is an irrelevant smokescreen
The delightful reality is that:
- he is committed to a purchase at $54 that now sells for $37 (ouch!)
- he personally has to find $35 billion
- the additional interest costs are of the order of $1 billion
- Twitter is not that profitable, it's a dud investment
The capital loss is staggering
As Warren Buffett noted "a billion here, a billion there ... after a while it adds up"
BTW I note that Buffett has not put his hand up to join the financing
"If Musk, by virtue of his due diligence in his purchase"
Musk declined to do due diligence
The rest of your post is at a similar level of ignorance!
Matt Levine from Bloomberg has a delightful, informed analysis of Musk's daily brain farts.
Check out his Money Matters - you've got a lot to learn
You should get out more ... a lot more
"Isn't all this a win for the very Russians we are supposed to be sanctioning?"
NO
If the assets are worthless buying them isn't a win
Russia is set to be going back 30? 50? 75? years
America has come clean that their objective is to break the back of post Soviet Russia -
How's it going Vlad?
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