Natanael

As I’ve mentioned elsewhere that I talked about this, allowing for exceptions specific to improving the asset (home renovations, etc) and certain similar “pro-social” uses would be possible. Would require some basic audit to show what the money is used for (and set caps so you don’t get billionaires “renovating yachts” via a friend’s company)

That requires you to have had your money in index funds, etc. Money invested in stocks in companies that goes bankrupt may simply disappear. Even the index funds can have their value tanked by this.

But billionaires still want to live fancy lifestyles. Tax the methods they use to create cash flow, ban a lot of the tricks they use to manipulate stock valuation (the Tesla valuation is fake, etc), and a lot of that problem goes away. Like taxing the use of collateral in loans (easily treated as advance in capital gains tax on the asset you took a collateral on).

A Zimbabwean dollar for your thoughts

You shouldn’t let a Charizard do that it’s not safe

My simplified take is all money is commoditized promises. It works if people believe they will work. Doesn’t if they don’t.

Bro going to the gym and talking about unrealized gains

Stock markets like NYSE are supposed to prevent certain types of manipulation if detected. Wash trades (trading with yourself) is one of the generally illegal methods to move prices.

That second example is kinda true with stock classes and new share issuance (voting shares and non voting shares, among others). It’s absolutely possible to give different types of investors more favorable terms.

https://en.wikipedia.org/wiki/Share_class
https://en.wikipedia.org/wiki/Stock_dilution
https://en.wikipedia.org/wiki/Preferred_stock

But on open stock markets, what you have is simply the order book of bids on purchases versus bids on sales. When the two don’t meet no sales happen (no volume), when a lot of people want to buy and sell you’ll see a lot of jumps up and down as sellers go down a bit to meet buyers and buyers go up a bit to meet sellers, and this represents the volume. If sellers are more eager to sell in total then they’ll push price down as a net effect, or vice versa pushing it up for buyers competing to buy.

Current price is simply latest sale price. Total valuation is simply total shares multiplied by sale price. Yes, this isn’t accurate at all in a basic mathematical sense as it doesn’t capture nearly enough information on actual value in any sensible way.

Fun fact, since light has a “stress energy tensor” value proportional to momentum which is proportional to the light’s frequency and this value is what determines strength of interaction with gravity (how much spacetime is bent), light does get bent like in a prism by black holes

You have to get a certificate from a provider which can verify you control the domain.

Once you’ve proved control you install the signed certificate with the secret private key on your server.

You can get certificates for free via Let’s Encrypt and a bunch more CA’s. It hasn’t been expensive for ages, unless you want fancy corporate support.

Or just trigger a power options overlay where you manually confirm shutdown