Great work! This is my favourite type of vulnerability, simple, effective and brutal. Reminds me of a time two decades ago when with a friend from uni we theorised about a perfect server vulnerability where you’d exploit a machine by pinging it. And of course, two years ago it was in fact discovered as CVE-2022-23093.
The difference is volatility. S&P and BTC hit their bottoms around Nov 2022. Since then the former is almost 2x up, the latter almost 7x. Similarly once they hit their tops, S&P will go down 15-20% but BTC more like 50-70% down.
There’s a moral in this story but the HN crowd ain’t gonna like it: money is capital. Two years ago the author had no job and 80k in the bank. At least half was disposable. Had he invested that 40k or more in a risk-averse fashion (20% s&p/btc; 80% t-bills) his position today would be much better. Instead he ate through his capital. Always invest your disposable savings or income. Hate me now. Thank me later.
Yes, kinda proving my point here since I didnt say you are brainwashed if you dont agree with me but if you dont understand what I'm saying. Whether you agree with my point of view or not is irrelevant to me. And to the Planet Earth for that matter. :)
Planet Earth will be fine. It survived much worse than some little human emissions. The meteor and winter that followed that killed off the dinosaurs was much worse than some elevated CO2. Whether humanity survives this is another question. My bet is we will, since we are like roaches. But many will die for the sins of the few. Interestingly, these few who will survive are probably the ones who created this mess and can afford to. The many that will die are probably for the better anyway. The future of humanity is not yet decided, but it will take a great leap of tech to overcome this. One thing is for sure: we cant save the Planet by trying to "save the planet", meaning downsize, recycle, emit less etc. Exactly like one cannot become a millionaire by saving. We need to invest in our future and find efficient ways to extract CO2 from the atmosphere and convert it to power. Optimize and cheapen stuff like E-Diesel made from atmospheric CO2 and hydrogen from desalinated seawater using solar and wind. And stop giving space and time to idiots from Extinction Rebellion and The Last Generation. I hope not all here are brainwashed and understand what I'm saying.
The problem with this approach is that you think you are getting a high level understanding but in fact you are not getting the understanding at all. You just get an opinion view based on what facts are reported and what facts are not.
Virtually no true expert whose predictions are accurate shares their opinion with the public, because they know what their words are really worth. Virtually all news experts are clueless placeholders put there to support the daily narrative.