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Joined 2 years ago
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Cake day: June 22nd, 2023

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  • Yeah, it needs a lot more thought put into it because with wildly fluctuating equity prices you run into scenarios where a run up on a security triggers you to have to sell a bunch and give it to the government but then if that security returns right back to the price it was the week before you’re just shit out of luck. Because of that it means people will go to great lengths to find ways to circumvent this because it’s not fair.

    I’m not saying it’s a bad idea what I’m saying is that it needs refined and thought through a lot more






  • Like I said, the quote was related to my first paragraph asking the question about personal net worth.

    I didn’t then quote the company part as I thought the flow continued logically. It seems I was wrong.

    I’m aware of the cap he said, and that’s what I was asking an opinion on.

    Thank you for contributing yours.

    should probably be weighed against public interest and publicly-funded and managed, if they’re beneficial.

    So large skyscrapers, large nuclear plants, datacenters, etc would be state owned. Actually more…. This would be hundreds of the largest companies.
    This means the state would commandeer a company when what, the market cap hit a billy? The nav? That actually seems kinda crazy to do