• Maeve
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    972 months ago

    Seems more honest than conventional stock markets.

  • Diplomjodler
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    232 months ago

    This will be pretty much the state of the whole world in a few years.

    • @hemko@lemmy.dbzer0.com
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      172 months ago

      What do you mean? That’s literally how the world’s been for long. Investing in Somali pirates is not any different from investing in Tesla or Meta

        • @Bacano@lemmy.world
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          112 months ago

          What a noob question. That’s the wrong question. You should be asking how to diversify your raider portfolio. If you invest your money on shit-pirates and lose your ass, you’ll have no one to blame but yourself.

          Go heavy on Somalia, the big ones are there for sure. But don’t sleep on Indonesia or Nigeria. If the leaders sporting an AK, ask yourself “what kind of bling did the pirate leader add to his AK?” . Watch out for ‘gold’ AKs, a lot of wannabes paint theirs.

        • @Blue_Morpho@lemmy.world
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          92 months ago

          Not physically but Tesla and Facebook steal your data. Everything that makes you an individual to the global economy is stolen and sold.

        • @Saleh@feddit.org
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          32 months ago

          Adjusting for population growth i wonder if the risk to get kidnapped by pirates is significantly different from the 17th century.

          That being said, how much value do you generate for your employer and how big is your salary?

  • @yesman@lemmy.world
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    132 months ago

    The Dutch East India company’s biggest innovation was instead of begging some king to fund their colonization, they sold shares in the venture to regular people. This is the invention of capitalism.

    • ✺roguetrick✺
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      132 months ago

      Then they leveraged the state military to increase their profits without paying a dime. And then after going bankrupt they make the state take over their liabilities while squirreling away the profits. This is the refinement of capitalism.

  • HubertManne
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    42 months ago

    I swear I have seen something that suggested this was something done with classical pirates. Maybe with like privateers or something.

    • @superkret@feddit.org
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      42 months ago

      Classical pirates often received a letter of Marquis from one of the colonial powers.
      They got support and amnesty from one nation if they concentrated their raids on the ships of the other nations.