Zuckerberg claims regret on caving to White House pressure on content

Re:Zuckerberg claims regret on caving to White House pressur... by sealeck on Tuesday August 27, 2024 @12:59PM (#41369873)

> How do you know you have over 100m in assets?

If your bank determines that assets you post for collateral are worth 100mn or more, that's a pretty good indication.

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Re:Zuckerberg claims regret on caving to White House pressur... by sbsudbdjd on Tuesday August 27, 2024 @03:11PM (#41371629)

That's an estimate to enable business to go on based what the bank is willing to risk.

For the proposal to work you would need an estimate good to within less a percent. Or lawsuits galore.

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Re:Zuckerberg claims regret on caving to White House pressur... by rv3909i on Tuesday August 27, 2024 @01:08PM (#41370002)

So if I don't apply for a loan, I don't get assessed, which means I don't pay taxes? Anyway, the system is not that simple and bank assessment would be trivial to game. People do it now even without taxes on the line...

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Re:Zuckerberg claims regret on caving to White House pressur... by sealeck on Wednesday August 28, 2024 @05:34PM (#41384660)

It's one of many things that can give you some idea what an asset is worth.

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Re:Zuckerberg claims regret on caving to White House pressur... by llm_trw on Wednesday August 28, 2024 @12:34AM (#41375988)

Ah yes banks. The people responsible for the 2008 crash.

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