Internet hologram, usually @hitstun@fedia.io and @hitstun@blahaj.zone

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

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  • TMTG is also active in financial services, and the company announced US$2.5 billion in funding a year ago to invest in cryptocurrencies, one of Trump’s recent passions.

    But the plunge in digital currencies hit this part of the business hard as the price of Bitcoin tumbled from over US$126,000 in early October to below US$70,000 in March.

    It has since rebounded somewhat to over US$80,000.

    Because the company is required to reveal the value of its investments, even if it hasn’t sold them, it recorded a loss of US$406 million for the first quarter.

    “The vast bulk” of the loss was due to digital assets, the company stated.

    So the parent company is also a crypto bank that lost value when their crypto lost value. Just another kind of grift.









  • Magic carpets are generally safe. It’s hard to fall and get hurt unless you’re stupid.

    If it’s you doing the #levitation magic, it helps to focus on an object underneath you, like a carpet, a broom or whatever. Balancing on it is sitting on a pool floatie. If you got yourself up in the air and lose the carpet somehow, you probably have enough flying skill to land safely without one. Now, if you fly 2-3 km up and lose consciousness from lack of oxygen, you’re cooked, but that’s your own fault.

    If you aren’t magical and the carpet itself doing all the work, then the carpet is your mount, like a horse. Well-trained mounts can feel the rider’s weight shift around and try to keep you seated. Just don’t make the carpet angry, or it might buck you off.