Trillions of dollars on shitty MMO game. GJ Suckersperg.
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The definition of money laundering. Or perhaps vaporware.
If it's all money laundering then where is the money coming from and where is it being funneled to and to what end?
Where does all money come from? It comes from the money printers.
Everyone from Blackrock to Sweet Baby Incorporated had a pile of government grants and sponsorships.
money for game publishers and studios comes from venture capital and banks. venture capital is some seriously slimy and jewish, even more than the banks, if that's even possible.
the money is funneled into contractors and consultants - sweet baby and the like, but much, much more. possibly single individuals all the way up to massive NGOs or even foreign actors. unit 8200-controlled cutouts and such. then they can use this money to bride out politicians and run gayops on our population.
TLDR stop buying games. stop paying for any and all media.
Sail the high seas instead
To extend on what Shill said, it's a government feed trough. You make magic mystery money at the magic mystery money machine, give it to a government agency, who gives it out as a grant. That grant money is administered by a friend of someone high up in the agency. (Look at what is happening to Edison Motors right now.)
Then whoever gets the grant spends it on things the agency approves of, sold by friends of the agency's leadership, installed by other friends. Those people give their patrons a slice (10% for the big guy), who invest it in real, tangible things.
So, you have multiple layers of contractors and administrators who have real, tangible things that were bought with proceeds from ex nihlo money creation. The average American makes $50k. The average government employee makes half again that.
What was gamergate 2.0?
Someone needs to make like a cliff notes version of this.
I have read and read and really don't understand the original gamer gate thing. And the sweet baby thing even more so. There never seems to be a genesis point. Or maybe it just one of those IYKYK and if you don't you don't.
a whore got caught being a whore. the journalists forced the industry to side with the whore against the gamers.
I also suspect that much of the ruling class has gotten high off their own supply, so to speak, of their own pseudointellectual bullshit. Modern Monetary Theory in particular is the biggest pseud fad right now for rich assholes trying to convince themselves that they're good people, and the tech sector is being run by people who somehow think that if they go full-Enron, but on a large enough scale, it will magically not end up like Enron.
The ruling class has always been susceptible to ridiculous intellectual fads, from Marxism to Keynesianism to the Laffer Curve, and the notion in MMT that you can achieve the financial equivalent of perpetual motion by just printing money fast enough and that we can just have these huge corporations going indefinitely without turning a profit is the latest trend. Unfortunately, like all the other really horrible ideas that rich morons have embraced, we're the ones who are gonna suffer the consequences of their hubris.
Right now our ruling class is even trying to gaslight us about inflation, as if they really think that if they can convince people to stop noticing inflation, it'll magically disappear. Probably because they've fallen for the fallacious notion that because money is a human invention, we can do whatever we want with it, and don't have to treat it like something that operates by its own rules. I'm genuinely terrified of what will happen when the charade finally collapses under the weight of its own self-deception, because the whole damn global economy is gonna fold like Enron.
Also yes. And furthermore the entire modern art community is also money laundering. We can lay the blame for that being invented on the Mafia and not the DNC, but they've certainly adopted and mastered the tactic.
It's part of the rest of the economy, and I'm glad you see it in an industry you're very familiar with. Once you look, you'll see the whole economy is fake. They divorced labor from money and will eventually pay for that.
FB peaked years ago. The company was desperately looking for the next thing. They failed.
They got lucky with Instagram, only because another potential buyer (which might have been the company that started tiktok) couldn't raise enough funds at the time.
Holding business meetings in 'Metaverse'. That's what they were suggesting. All your confidential business information in the hands of Zuckerbucks. Whatever could go wrong.
You know it's bad, when have less users than Suicide Squad...
LOL!
This story is from July 3, 2023
Zuck is still CEO.
Apparently even though he only has ~14% stock ownership, he has enough Class B shares to have 55% voting power over the corporation.
Ppl who invest in that are dumb
Problem is, people invest in META indirectly through index funds/ETFs, especially everyone's favorite index, the S&P 500. 401(k)s and pensions don't pick and choose stock; they get auto-dumped into these funds and pump the market up higher.
Claiming to be big and that people have to buy your stock and then ripping off pension plans is a time honored tactic. I always try to explain to people that money doesn't work for big corpos the way it works for you and me. It's different when you have enough money to control things. These fund guarantee that somebody gets paid. I bet the house gets paid. But the investors can lose all or part of their investment.
who would win? a billion dollar corporation with the backing of several governments, or a bunch of furries and weebs (VR chat)?
we now know the answer
I remember when people were putting effort into making beautiful worlds worth visiting for their billboards to get decent advertising in their Secondlife accounts thinking that this would be their big break.
My heart still goes out to them.
People are lost and need guidance in the form of a lamp in the distance, not someone to hold their hand and tell them how to get there.
Nothing against those folk but they are not the journey, just another part of it.
Think of Up* from Pixar to get a good semblance of well meaning achieving what it wants but being absolutely stupid while it is trying it.
*Lay off the Jew jokes for this one please, it's a great film regardless of your thoughts on all of that.
It's not me obsessing, some days these boards live up to the manufactured hype that was labelled on us 10 years ago.
shutup kike!
Tbf a few people like that Chinese women did make bank from selling "virtual land" in SecondLife. I don't fault others for trying to do the same at the time.
the issue is that it was only the speculators who made money, and a few avatar / animation creators. World costs (rent from world owners) goes to second life. There were a lot more creators than consumers there. A small group of players who spent money trying to make money on the masses that never came.
It also never really evolved. second life now is basically the same as the 'alpha' when it launched in the 90's, only now it is even harder to get into.
I'm not being mean but this post could use a second pass for clarity
Still haven't seen that one.
The metaverse was not valued at $13 trillion. META, which includes Facebook and Instagram, was valued at $13 trillion.
Zuck will be laughing at all the VC investors, all the way to his underground bunker in Hawaii.
Kind wondering if theZuck used this debacle to launder a few billions off his books to somewhere hidden.
He could have probably bought SecondLife for Tree-fiddy and an expired Arby's coupon and been way ahead of this nonsense.
Good example of how all stock valuation is fake and gay. Our true economy is being completely masked by shit like this.
Remember some bitch was shaking when some avatars came up to her and air humped her? She claimed she was raped and they added bubbles around avatars to prevent this?? Lawl.
It's one of those things that could have, potentially, been big. But knowing the NPCs in charge of the decisions there it was destined to fail.