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Joined 2 years ago
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Cake day: June 18th, 2023

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  • I mean, the Army is on the record in the article as saying that the behavior would not be tolerated and that they are investigating. He’ll probably get UCMJ’d. I think “without repercussion” is strong.

    Should there be more protections to detect this stuff early? Maybe. But, like, that doesn’t feel like as flashy a headline I guess.

    And idk, should the Armed Forces have people actively monitoring all their personnel’s private lives 24/7? Seems a little much to me.

    I’m just having trouble figuring out what the takeaway is. What “repercussions” do you want to see here? He gets punished in some way? Cause odds are good he will, if they can figure out who it is (since the Guardian didn’t share the name with the Army, per the article.) So what’s the story?



  • You are taxed on the gains, not on the total sale volume.

    So if I buy something today for $5, and sell it tomorrow for $6, I pay the 37% on the $1 of gain.

    So my takeaway is $5.63, not the $3.78 it would be I was taxed on the full sale.

    It’s also worth noting that capital losses can offset gains. So if I made $1000 on one trade, but lost $1000 on another, my effective tax is $0, because I didn’t make any money.

    This can get squishy though, as there are a lot of accounting loopholes you can do to count things as “losses” that are more losses on paper than actual losses.



  • Nah, Venmo contacts are often based off of your phone contacts. So that’s probably just a list of people he has saved to his phone (who also have Venmo).

    And even if you did have to pay someone for them to show up, it still doesn’t seem like much of a scandal. It’s not like someone in the contact list was “drug dealer” or something. Who cares if he venmo’d a coworker $20 for lunch?

    Idk man. Like, leaking your phone’s contact list probably isn’t the best thing ever, but it’s hardly a huge deal imo.





  • It says none of their actual transactions was visible, just their friends lists. And Venmo has a long history of trying to be the “social media” of paying people.

    So, like, I’m no fan of the guy, but ik confused why this is news? I can probably see his followed people on Twitter too, but that’s not a scandal. If there aren’t any sketchy payments or anything, what’s the issue?