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Joined 1 year ago
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Cake day: June 16th, 2023

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  • I appreciate your informed response but no system other than advertising-abstinence is fool proof.

    Im saying this as a supporter. My browser of choice is firefox and I send them money regularly. And I understand their need to generate more revenue. But there has never been a company who has sold customer data discretely. My understanding is that every piece of data that’s sold can be de anonymized when combined with other data sets. And the data is horsetraded until it gets into some very marginal actors’ hands.

    Mozilla’s need for money is largely driven by massive mismanagement. It should have been fully funded in perpetuity through establishing a foundation that operates off interest payments but they decided to try and build a headquarters in Mountainview. They also operate offices in some of the most expensive cities in the world. They have made expensive software aquisitions. These are not necessary and have only whetted mozilla’s thirst for other revenue sources. It’s guaranteed that they will look for more customer data to sell because that’s the path of least resistance.

    I wish them luck but I also wish they’d not chase advertising money.







  • This seems like an already failed banking model which places lenders at the front of the pack and will lead to only larger asset bubbles. Japan’s Kiretsu system of banking led to banks taking out loans to cover up their own investment losses as they had put their money into an asset bubble which collapsed. Banks then committed wholesale fraud by disguising such losses on their books. The Japanese government then used quantitative easing. They create money ex nihilo, swap the money for a t bill, then they bought the toxic assets by giving t bills to the bank. The bank doesn’t sell the t bill, they merely collect interest on it.

    The main effect is a system in which bubbles are never popped and consumers suffer a declining standard of living in order to keep asset prices high.