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Joined 3 years ago
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Cake day: June 12th, 2023

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  • I’m not concerned about it personally, but you are putting a lot of trust in them as a 3rd party service provider. It’s up to your specific risk profile if that’s acceptable risk or not.

    The alternative would probably be self hosting a vpn yourself with dyndns to handle ip address resolution. I’m biased (I have a professional networking background) but I don’t think it’s that much harder to setup either. But then I’m also a hypocrite and don’t self host anything anymore.

    There’s also a valid argument to be made that doing it yourself is riskier because novices make mistakes. I don’t think this is too big of a concern personally - it’s not like you’re rolling your own cryptography.





  • This was an interesting point I hadn’t thought of before, so I wanted an alternate perspective since a Twitter meme is a little one sided, think of it what you will:

    Property taxes are ancient — they predate modern stock markets by centuries. Land was the dominant form of wealth, and crucially, you can’t hide a house from the assessor. Real estate is immobile, visible, and tied to a specific jurisdiction. Stocks are the opposite: mobile across borders, easy to hold through trusts or shell entities, and private holdings are genuinely hard to value year-over-year.

    The other piece is who’s collecting and why. Property taxes are local — they fund schools, fire, roads, the stuff that directly makes your property more valuable. There’s a clean “benefit” logic: the city paves your street, your house is worth more, you pay for it. A share of Apple isn’t enhanced by Seattle paving anything, so there’s no equivalent local nexus.

    Stocks also already get taxed, just at different moments rather than annually: capital gains when you sell, dividends when paid, corporate income tax on the underlying company, estate tax at death. The argument against an annual wealth-style tax is partly that the system already takes its cut, just not on a recurring basis.

    A few countries (Norway, Switzerland, Spain) do tax financial wealth annually, but most that tried it abandoned it — capital flight and valuation headaches. In the US there’s also a constitutional wrinkle: the federal government can’t easily levy direct taxes on wealth without apportionment among states, which is why Warren/Sanders-style wealth tax proposals have to be carefully structured to survive a court challenge.