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Joined 3 months ago
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Cake day: June 7th, 2025

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  • Benn Jordan’s video, You Are Witnessing the Death of American Capitalism, talks about how American companies and investors operate today.

    Lots of companies are no longer trying to convince investors that they can increase profits and, therefore, give a cut to investors. They instead try to convince investors that they can increase their valuation, their stock price. Essentially, if investors buy a stock now they could sell it for a profit later. Who are they going to sell that stock to? Other investors of course! So you really do end up in this game where investors are in their own little world just lying to each other.



  • The headline doesn’t seem to match the article.

    one of PayPal’s acquiring banks decided to stop processing any Steam transactions, which cut off PayPal on Steam for a number of currencies

    As of early July, the currencies that can still use PayPal on Steam include EUR, CAD, GBP, JPY, AUD and USD.

    It seems like a bank that processes PayPal payments in minor currencies has stopped processing transactions for Steam because of the content it hosts. Shouldn’t people be mad at this bank, not Steam?