this post was submitted on 12 Mar 2025
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[–] Grandwolf319@sh.itjust.works 18 points 1 day ago* (last edited 1 day ago) (2 children)
[–] RangerJosey@lemmy.ml 20 points 1 day ago (2 children)

We all know why CNBC. You could have just posted the title.

Because the drug addled used car salesman who's currently about to default on his Twitter loans decided to embrace his roots and started throwing up seig heils and is currently having a crack team of 4chan incels dismantle a government while he threatens the world and works to make what he's doing here happen everywhere.

Dude is a comic book villain. Villain of the week level. No real staying power. Either he'll go broke or die from a ketamine overdose before Xmas. And what a gift that will be. I hope it happens on video.

[–] Jumpingspiderman@lemmy.world 10 points 1 day ago

die from a ketamine overdose

Please stop, I'm old and I can only get so excited.

[–] humandotexe@sopuli.xyz 5 points 1 day ago (2 children)

I'd prefer full on mental breakdown while giving us his 1 bullet point live on TV, just follow Adolfo's guide all the way to the end

[–] lka1988@lemmy.dbzer0.com 1 points 12 hours ago

Ah, pulling a Budd Dwyer, except be actually guilty.

[–] Jumpingspiderman@lemmy.world 2 points 1 day ago

Don't forget the HCN. Just to be sure you know.

[–] Phoenicianpirate@lemm.ee 14 points 1 day ago (3 children)

This is why I will never be rich. I never see business opportunities to buy tons of stock and act upon them.

[–] lka1988@lemmy.dbzer0.com 3 points 12 hours ago

See you just need to have inside information. There's absolutely no way these rich assfucks aren't trading on insider info.

[–] Snowclone@lemmy.world 8 points 1 day ago (2 children)

You also need a ton of money to invest or you're just getting pocket change.

[–] Chadus_Maximus@lemm.ee 2 points 23 hours ago* (last edited 23 hours ago) (1 children)

Commission fees are less than a buck. The rules don't change just because you have little money.

[–] Snowclone@lemmy.world 1 points 11 hours ago* (last edited 11 hours ago)

No, the problem is that 20% growth of $2000 gives you a gain of $400. 20% growth of $10,000 gives you a gain of $2000. An average Americans entire yearly income is $70,000, it's 20% growth is $14,000.

But 20% isn't happening every year, you are more likely to average 10%. Some years can be single digit, some can be negative, the point is this, you must begin with a very large amount of money to get real money out of the stock market. Even solidly middle class incomes aren't going to be able to save up a years worth pay in only a few years, it would take many years, often enough to ensure the money will never be realized by anyone but by your children or grand children

[–] Phoenicianpirate@lemm.ee 1 points 22 hours ago

Pocket change is better than no change.

Even if I would see them I probably wouldn't have enough money to benefit of of them

[–] cupcakezealot@lemmy.blahaj.zone 12 points 1 day ago (1 children)

invest in community run broadband instead

[–] fetter@lemm.ee 14 points 1 day ago (1 children)

Yes, but the surge is for Ukraine and Europe is gearing up to defend itself. It’s easier for Ruzzia to take out community broadband than it is satellites in orbit around earth.

And it's harder to do both at once.

[–] MITM0@lemmy.world 18 points 1 day ago* (last edited 1 day ago) (1 children)

Of course it did, While we are at it, are there any programmes that aim to clean up space junk ?

[–] Phoenicianpirate@lemm.ee 3 points 1 day ago (1 children)

People neglect that problem. There is so much garbage flying out there at such high speeds that unless something is done, we will never be able to have functional satellites or space launches again.

[–] MITM0@lemmy.world 4 points 1 day ago (1 children)

Elon's StarLink WILL accelerate the Kessler syndrome, also reminder that the Nazi literally put a tesla-sized space-junk in space

[–] Phoenicianpirate@lemm.ee 3 points 1 day ago

I actually remember that. When I saw the car in space I thought it was a reference to the 1980 movie Heavy Metal. This was when I first learned about Elon.

[–] drmoose@lemmy.world 39 points 1 day ago (2 children)

Sat internet is so overhyped. As it's limited by physics cell towers will always outperform them. Simple as that.

  • cities - cables and 5g
  • country side - 4g and cables in high concentration areas
  • middle of nowhere or war zones - low orbit sats.

This is purely a security issue not a consumer one.

[–] witx@lemmy.sdf.org 12 points 1 day ago (2 children)

Spoken like a true spoiled city person Good luck getting the necessary infrastructure built (cables, towers, et al) to really remote places. It's probably more expensive in the long run than having a satellite constellation.

[–] drmoose@lemmy.world 20 points 1 day ago* (last edited 1 day ago) (11 children)

Good luck? Most of the world is already there. I had 3g in deep jungles of Thailand last weekend and even in the most remote places in China have wire these days.

The main point is that sat is limited by physics so cell towers and wire are upgrades over sat so it makes much more sense to start with better technology now as we'll never need less connection.

[–] colourlessidea@sopuli.xyz 1 points 1 day ago (1 children)

Counterpoint: even an hour out from Oslo there are people relying on Starlink

[–] drmoose@lemmy.world -1 points 17 hours ago

Seems like a skill issue tbh

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[–] endeavor@sopuli.xyz 9 points 1 day ago* (last edited 1 day ago) (1 children)

Idk i live in a country where we have wifi in some forests and free wifi in every large city. And we're an ex soviet shithole.

[–] DragonTypeWyvern@midwest.social 8 points 1 day ago (1 children)

Americans honestly think their shitty infrastructure is the best in the world.

[–] endeavor@sopuli.xyz 3 points 12 hours ago

To be fair america is massive and a 3rd world shithole. If even russia can't pave its main highway how could a backwoods place like america have enough infrastructure to make cash obsolete?

[–] sunbytes@lemmy.world 8 points 1 day ago* (last edited 1 day ago)

Infrastructure can be a real problem in some places.

I'm currently on a mountain and since they upgraded to a hybrid satellite/cable system the speeds have skyrocketed. Laying cable/towers is just not viable, especially with dense rock peaks blocking line of sight.

Also I have coworkers in Nigeria who lose internet multiple times a day (and often don't have the bandwidth for a video call) but most of them have bitten the bullet and paid the high up-front cost to get starlink at home. And now can do HD video calls with zero interruption (unless they have power issues, but that's a whole other thing).

So I think there's a lot of use-cases for sattelite, especially for people who aren't considered worth the investment in non-sattelite infrastructure.

It's just unfortunate that yeah, space junk is going to one day (suddenly) be a massive problem.

Edit: ah I may have replied to the wrong comment

[–] matlag@sh.itjust.works 2 points 1 day ago

For the dishes: I don't know the details of the 2 systems, but is there no way to retrofit the Starlink dishes to use Eutelsat's constellation? I mean if we exclude the legal IP mess for reverse-engineering the electronics and software.

[–] Montreal_Metro@lemmy.ca 2 points 1 day ago

Increased by 3.9X.

[–] espressdelivery@lemm.ee 24 points 1 day ago

So much space junk….

[–] mbirth@lemmy.ml 88 points 2 days ago (12 children)

“European Starlink rival” is a bit far fetched when there’s merely rumours that they might be able to offer a similar service. But that’s the stock market for you.

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