Message from @Rebelle Lacroix

Discord ID: 682266302781325372


2020-02-26 16:37:19 UTC  

fuguer

2020-02-26 16:37:21 UTC  

what you work as?

2020-02-26 16:37:29 UTC  

Balance is an interesting concept.

2020-02-26 16:37:39 UTC  

does it require knee pads?

2020-02-26 16:37:40 UTC  

Coder/researcher

2020-02-26 16:37:46 UTC  

brb.

2020-02-26 16:38:08 UTC  

coding what?

2020-02-26 16:38:26 UTC  

How much do you earn?

2020-02-26 16:38:27 UTC  

Yeah une its becoming powerful but what can we do

2020-02-26 16:38:37 UTC  

well, destroy society

2020-02-26 16:38:50 UTC  

It’s really hard to measure due to a lot of the pay being stocks that take years to vest

2020-02-26 16:39:58 UTC  

In a year?

2020-02-26 16:40:01 UTC  

Yeah

2020-02-26 16:40:06 UTC  

👌

2020-02-26 16:40:29 UTC  

But it’s super hard to value stocks lots of uncertainty

2020-02-26 16:40:43 UTC  

However, i would love to Play Outlast 2 in VR, only pro of Technology

2020-02-26 16:42:06 UTC  

Is vr any good

2020-02-26 16:42:11 UTC  

It doesn’t have much appeal to me

2020-02-26 16:42:21 UTC  

I am fine with my big monitor

2020-02-26 16:42:42 UTC  

Eh, maybe not vr but an augmented, enhanced version of it

2020-02-26 16:43:18 UTC  

Stock based pay is meh

2020-02-26 16:43:21 UTC  

I do think those games coild@be fun but we’re not quite there yet

2020-02-26 16:43:33 UTC  

Good for the company, usually average for the employee

2020-02-26 16:43:40 UTC  

Wel you can sell the stocks immediately once they vest

2020-02-26 16:44:12 UTC  

So it’s almost as good as cash except for the vesting part

2020-02-26 16:44:38 UTC  

Some companies make your 401k match vest. That’s super cheap

2020-02-26 16:44:56 UTC  

Yeah the return after the vest is usually market tier
But the company writes it off as a capital loss
So tax deduction for them

2020-02-26 16:45:27 UTC  

Well if they can give employees more value and pay less taxes that’s a win for both

2020-02-26 16:45:33 UTC  

Nationalism over Globalism.

2020-02-26 16:46:16 UTC  

And then the employees only pay a gains tax
So it's literally a loss of like 70% tax revenue

2020-02-26 16:46:26 UTC  

Lol, taxes.

2020-02-26 16:46:29 UTC  

Lol wages.

2020-02-26 16:47:03 UTC  

No you have to pay taxes on the value of the stocks when you get them

2020-02-26 16:47:17 UTC  

I lose like 1/3 my stocks to withholding

2020-02-26 16:47:32 UTC  

They get sold immediately and given to the government

2020-02-26 16:48:20 UTC  

You pay tax on dilution?

2020-02-26 16:48:23 UTC  

Weird

2020-02-26 16:48:25 UTC  

Wait till something replaces these systems.

2020-02-26 16:48:31 UTC  

What then?

2020-02-26 16:48:38 UTC  

There’s two kinds of stocks companies give. Stock options where employee can buy it cheap and stock grant where the company just pays you free stocks