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Jaffer Ali Profile picture
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29 Mar, 4 tweets, 1 min read
1/n Please post why I am wrong in this thread. If one views national and global politics in terms of the *mafia*, certainly banking interests are one of the most powerful global *families*. The basis of this power is the control and manipulation of money.
2/n The financial *family* buys & sells politicians to achieve their agenda. The blackmail (see Epstein) and otherwise have a stranglehold on global money. So far, a conspiracy? Or realpolitik?
3/ If previous tweets are true, how can this family allow a decentralized asset like Bitcoin to interfere with its power? Therefore BTC will either be co-opted or banned in ways that those of us outside the family cannot envision.
4/n I am not convinced that those outside the family can plumb ALL the possibilities on how one of the most powerful Oligarchic *families* can grab control.

Thanks in advance for thoughts.

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More from @Jaffer22915438

Jaffer Ali Profile picture
27 Mar
It is difficult having a real discussion on Bitcoin. I just watched a podcast that this maximalist said, "Bitcoin demand is created by limited supply." Once again, the scarcity, supply side nonsense misunderstands demand and makes everything subservient to supply. 1/n
This idiotic premise rears its head over and over because the nerdy jackasses have never tried to sell anything. Every salesman, even bad ones knows that scarcity does NOT create demand. If that was the case, sales would be simple. 2/n
Then the no coiner atheists also seem to be confused about value and what creates and destroys value. If I hear *intrinsic value* one more time, I will put thiese people into the trash like the maximalist *chart frauds*. 3/n
Read 7 tweets
Jaffer Ali Profile picture
4 Mar
I have never been against monoply for the sake of it. But I am against huge scale. Once an organization becomes a *certain* size, it becomes evil and against human impulses. Scale destroys even the most informed heart. 1/n
Capitalism is destroyed by scale. Entrepreneurism is the flowering of human potential, When one moves to scaling the enterprise, there is moral decay. If true capitalism is to survive, there needs to be a limit to size. 2/n
There are antithetical responses to scale. Localism is one response; Homesteading another. A cultural shift where consumers shun organizations that scale and place growth at the center of existence. By Local needs to become the rule. 3/n
Read 4 tweets
Jaffer Ali Profile picture
14 Jan
Why hasn't the US attacked Iran yet?
I have been pondering this. According to PNAC (Project for a New American Century) which was a policy blueprint written in the late 90s to change regimes all over the Middle East that included Iran. 1/
At first, I thought the Iranian treaty with China protected Iran and US and China agreed that US would not attack Iran unless Israel was attacked by Iran. For years, Israel has TRIED to bait Iran to attack it for years. 2/
Over the weekend, I was watching a documentary on the Columbian drug cartel where after the fall of the Soviet Union, they wanted to buy a Soviet submarine to transport cocaine. Their representative came back and with an offer. The generals asked if the cartel wanted a nuke 3/
Read 7 tweets
Jaffer Ali Profile picture
13 Jan
1/ One way to mount a campaign to give Twitter and Facebook a real headache is to get 1 million people to click on 100 ads per day for a month. This would be 100 million USELESS clicks per day and 3 billion useless clicks in a month. This would kill Twitter's ad revenue because
2/ advertisers would discover that their ads were not performing-they would either demand refunds and/or lower click bids. Twitter & FB would lose billions of dollars. Every 7th post on Twitter is an ad. It would be easy to click on 100 ads in a day. Plus algos would be screwed.
3/ The irony is that this is better than ignoring ads, but willfully, with purpose, clicking on them really screws up FB and Twitter. Jiu-jitsu clicking...and it is absolutely legal. No bots clicking, but humans clicking.
Read 4 tweets
Jaffer Ali Profile picture
5 Jan
1/ Targeting your customers digitally was an antidote for collapsing CPMs not an antidote for collapsing marketers' sales. Marginal costs for delivering ad impressions is so close to zero, let's call it ZERO. So to maintain CPMs, black box algos were created to charge marketers
2/ more money. And media owners want to charge you a premium for targeting your own customers. Then media owners conjure another trick: "Look alike audiences". They try to get marketers to target people "that look like your customers" because even media owners know that if you
3/ exclusively target your own customers, you are on a road to ruin as the universe shrinks thru death and other reasons for attrition. Every move media owners make is designed to dig deeper into your pocket. Agencies skilled in the dark art of the day propagate this snake oil.
Read 6 tweets
Jaffer Ali Profile picture
4 Jan
When we started our online e-commerce company in 1998. MANY advantages pushed us online. 1) Customer service was done ONLINE AND OVER PHONE 2) No sales tax was charged, lowering costs for consumers 3) Transactional costs were lower than "old school" direct marketing or retail
4) Shipping/postage was low enough to charge $4.99/order and cover most, if not all, costs. 5) Marginal costs were lowered in our favor and we could thrive with lower gross margins, further benefits for consumers. 6) Convenience and novelty attracted consumers.
In 2021, many advantages to retailers are actually SHIFTING BACK to brick & mortar. Transactional costs for online from fulfillment to postage/shipping is no longer favorable. Niche brick & mortar stores can have 60%+ gross margins. Sales tax is no longer an online advantage.
Read 6 tweets

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