64
submitted 1 week ago* (last edited 2 days ago) by thelastaxolotl@hexbear.net to c/chapotraphouse@hexbear.net

A History of Black Rose/Rosa Negra

Introduction

As of 2024, Black Rose Anarchist Federation / Federación Anarquista Rosa Negra (BRRN) has been in existence for ten years. Many on the left are aware of who we are and what we stand for. But where did we come from? When, how, and why did anarchist militants create the first national, libertarian-socialist organization in the US since the 1990s?

BRRN was founded through a multi-year unification process of local and regional groups in the US who came together with the ultimate goal of libertarian socialism and with a strategic focus rooted in building popular power through mass movements. Then, as now, we felt that tackling the dangers and possibilities of this era can’t simply be left up to chance. The urgency of our moment not only demands a clear vision for revolutionary social transformation but a coherent and actionable strategy for achieving such an immense goal. This is why various groups of revolutionaries came together over a decade ago, seeing the necessity of long-term revolutionary strategy and recognizing political organization as the vehicle to carry us forward.

This piece aims to briefly present our history within the context of organized anarchism in the United States specifically, as well as to summarize our influences and provide an overview of our accomplishments. A Pre-History of Black Rose/Rosa Negra: The Rise and Rebirth of US Anarchism

From 1870s to the 1930s, anarchism was an influential current within the US socialist movement—from the era of the Haymarket Martyrs when anarchists ran daily newspapers, formed their own central labor union, and led the fight for the eight hour day; to the Magonistas of the PLM (Partido Liberal Mexicano) who organized clandestine networks from the US side of the border to spark the 1910 Mexican Revolution; to the anarchist-influenced IWW (Industrial Workers of the World) union that led pivotal strikes, which were multi-racial and inclusive of women, under the banner of revolutionary unionism. In this period, anarchism was largely rooted in various immigrant communities of German, Italian, Mexican, Cuban, Jewish, Spanish, Caribbean, and Russian workers.

By the post-war period, the influence of anarchism was marred by the successful assimilation of its immigrant base into an American way of life in the US and was largely eclipsed by Marxism. With few exceptions the political tendency of anarchism became an intellectual tendency, promoting moral and cultural ideals like pacifism and bohemianism with little connection to social movements. While a new generation of radicals in the 1960s picked up anarchist ideas, the adherents of this period continued to treat anarchist politics as a principally cultural project without a social base and defined more by anti-authoritarian individualism and rejection of the Marxist left than by a positive program or strategy.

In the 1970–80s anarchism remained mainly subcultural, though this period saw a reemergence of efforts by anarchists to form national organized networks to coordinate action and communication between local groups. Such efforts included the Social Revolutionary Anarchist Federation (SRAF), and the Anarchist Communist Federation of North America (ACF). Still, these efforts lacked cohesion, a common politics, and anything resembling a shared strategy. Another key point of reference during this period was work done to rebuild the influence of anarchism within the labor movement by groups such as the anarcho-syndicalist Workers Solidarity Alliance (WSA) and anarchist members within the re-invigorated IWW. During this period, a number of figures from the Black Power movement, mainly incarcerated former members of the Black Panther Party and Black Liberation Army, came to anarchism through criticisms of the top-down reformism of the Civil Rights movement and the Leninist vanguardism of the Black Panthers.

US anarchism in the 1990’s was largely marked by the Love and Rage Revolutionary Anarchist Federation, often referred to simply by the name of their widely read publication Love and Rage. Founded in 1991 in Minneapolis, the group had an activist and street-protest-oriented politics with strong participation in anti-war, abortion rights, and anti-fascist movements. Importantly, Love and Rage was an international organization, maintaining a strong local presence in Mexico City which called itself Amor y Rabia. Politically, Love and Rage hosted wide-ranging debates on contemporary politics and theory, which stood in contrast to much of the radical left of the period. They were also highly influenced by the 1994 Zapatista rebellion, publishing news and translated materials on the uprising and making solidarity work one of their key pillars. As Love and Rage grew, it struggled to move beyond its network mode of organization. Two factions eventually emerged within Love and Rage: one that saw the need to develop a more deliberate structure and strategy, and another which wanted to maintain the existing looseness of the network. This impasse led Love and Rage to dissolve in 1998.

The 1998 disbanding of Love and Rage left a legacy and living memory that influenced subsequent groups including Bring the Ruckus (BTR, 2002–2012), the Northeastern Federation of Anarchist-Communists (NEFAC, 2000–2013), as well as BRRN. Its contributions towards anarchist political organization included a culture of lively internal debate, discussions around the structure of national organization, expectations and commitment of a group’s members, the nature of US white supremacy and need for multi-racial organization, as well as questions of contemporary revolutionary strategy.

Coalescing in the wake of the 1999 “Battle of Seattle” anti-globalization protest, NEFAC was founded in 2000, incorporating local groups across the northeastern US as well as French speaking groups in Quebéc and Toronto, Canada. Drawing on the global anarchist tradition of platformism, the group channeled the energies of anarchists coming out of the “summit hopping” protests of the anti-globalization era to reorient radicals towards rooted labor and working-class community organizing. Perhaps most notably, NEFAC was a force for developing pro-organizational and class-struggle politics within North American anarchism.

Another point of influence on the formation of BRRN was the 2007–2008 North American tour, in forty-four US and Canadian cities, by Andrew Flood, a member of the Irish Workers Solidarity Movement (1984–2021). Founded by former Irish anti-colonial (or republican) movement activists, WSM was exceptionally prolific in its campaign activity, publications, and in promoting platformism internationally as a tendency. The tour presentation, “Building a Popular Anarchism in Ireland,” outlined the growth of the Irish anarchist movement from the late 1990s to the late 2000s, making an argument for an outward looking and organized movement. Andrew also scheduled additional meet ups with local anarchist activists.
The Founding of BRRN

The process of BRRN’s founding emerged from a series of invitational conferences that brought together groups and individuals from across the country with panels, discussions, and speakers. These Class Struggle Anarchist Conferences (CSAC) were initiated by the New York WSA with support from other groups and held in New York City in 2008, Detroit in 2009, Seattle in 2010, and Buffalo, NY in 2012. By the end of the Seattle conference a formal network of participating organizations emerged and agreed to a process of rapprochement whereby delegates from each group would participate in structured discussions and debates with the formal goal of building political unity towards the founding of a national organization.

These efforts culminated in a February 2013 conference in Rochester, NY wherein participants focused on developing a points of unity document and planning for what would become BRRN’s November 2013 founding convention in Chicago—though the formal public announcement of the new organization would not be made until January 2014. Core decisions taken at the convention included commitments towards building a shared strategic orientation, merging together localized groups and collectives into a unified national organization, and striving to be a bilingual English/Spanish organization.

The groups involved in this process were locals of Common Struggle / Lucha Común (the new name adopted by NEFAC in 2011) in the northeast, Rochester Red and Black, Miami Autonomy and Struggle (MAS), Four Star Anarchist Organization in Chicago, Wild Rose Collective in Iowa City, and individual members of Workers Solidarity Alliance. Groups that participated in the process but disbanded prior to the founding of BRRN included Amanecer: For a Popular Anarchism in California, Common Action in the Pacific Northwest, and Prairie Struggle Organization in the Canadian prairies. WSA and First of May Anarchist Alliance (M1AA) chose not to join but continued comradely relations. Soon after the formal announcement of BRRN’s formation, members of the Austin, TX based collective Desde Abajo began the process of integration.

**Influences and Activities **

A key influence on the politics of BRRN at its founding was the politics of especifismo, the Latin American current of anarchism that first took shape in 1950’s Uruguay and which inspired and was elaborated further in subsequent decades by anarchists in Brazil, Chile and Argentina. Core concepts drawn from especifismo were the need to organize on the political, intermediate, and social levels; the importance of conjunctural analysis of the contemporary political moment and forces which shapes a shared strategic orientation; and the role of popular power as the lever for revolutionary rupture and transformation. We see popular power as the long-term process of building independent, durable, and combative social movements that can not only wrest reforms from the dominant classes in the present, but function to accumulate the necessary capacity and force to carry out a revolutionary social transformation.

At its founding, BRRN prioritized developing international relations and highlighting the inspiring work of anarchists especially in Latin America, publishing numerous translated documents and interviews, organizing speaking tours such as Struggling to Win: Anarchists Building Popular Power in Chile in 2014 which included nearly fifty events in twenty-two cities across the US. Since then, BRRN has continued prioritizing internationalism through numerous solidarity campaigns, delegations to international gatherings, and our ongoing relationships with anarchist political organizations around the globe, particularly in South America. In 2023, BRRN became a formal member of the International Anarchist Coordination, a network of over a dozen platformist and especifista groups across the globe.

Another early focus of BRRN was the building of a robust external media infrastructure which aimed at presenting a diverse and movement-focused public face for anarchism. This has included strong social media presence, the creation of the From Below Podcast and the publishing of a reader and a series of articles on Black Anarchism, debates on electoralism, anarchism in Latin America, and feminist theory.

In the realm of social movements, BRRN has worked to rebuild the tradition of mass anarchism rooted in contemporary popular and working-class struggles. From rank and file labor organizing among teachers and building new unions with fast food workers; to solidarity networks, popular assemblies, and tenant struggles with ATUN (Autonomous Tenant Union Network); feminist organizing and struggles around bodily autonomy; to fighting back fascists in our cities, organizing students on our campuses, and struggling against the violence of the carceral state. We’ve also participated and played roles in many of the large moments of street protest and rebellion that have occurred in rapid succession since our founding. From the Ferguson Uprising and NYC People’s Climate March in 2014; Standing Rock in 2016; revolutionary feminist interventions in the Women’s March and anti-fascist organizing before, during and after the Charlottesville events in 2017; and the George Floyd Rebellion of 2020.

Most prominent has been BRRN’s focus on labor and workplace struggles. Our members have played key roles in starting new unions in healthcare and higher education, participated in major strikes in K-12 and higher education, helped formed rank-and-file caucuses in the building trades, put forward healthcare worker demands during COVID, organized Palestine and BLM solidarity campaigns in our workplaces, built an organized presence at Labor Notes conferences, and released a 2019 analysis on the state of unions and worker struggles. In contrast to recurring cycles of single-issue, activist-oriented mobilization, our orientation highlights the construction of rooted movement building and sustained bases of working-class power where we live, work, and study.

The Trump Era and Beyond

With the election of Trump in 2016, the US underwent a period of deep politicization and polarization. This moment saw BRRN turn our focus to better understanding the developing conjuncture, with a focus on identifying the threats and opportunities before us. Pushing forward on organizing efforts and undergoing substantial membership growth, we released a series of strategy documents in this period, including 2017’s “Below and Beyond Trump”, a 2018 follow-up piece “Building Popular Power in a Time of Reaction” and, also in 2018, the statement “Kavanaugh and a Feminist Movement Fighting to End Capitalism”. The pieces discussed the growing political crisis of the US ruling class and subsequent social and political polarization that the US was undergoing. Key observations included the rise of the far-right and growth of left and socialist politics, including the rising emphasis by some quarters of the left on electoralism; the fractured and disorganized nature of social movements dominated by the institutional left of nonprofits/NGOs, and bureaucratic labor unions; and the need to rebuild offensive movements from below guided by a clear libertarian socialist program.

In the wake of the pandemic and George Floyd Rebellion in 2020, BRRN wrestled with a period of internal conflict that resulted in a substantial number of members exiting the organization. Rather than simply continue a course that had led to such dire circumstances, BRRN members resolved to take a two-year hiatus from public activity in order to reflect, restructure, and reorient the organization. Coming out of this period of self-examination, we held a year-long process of collective debate and analysis with the intention of developing a more concise and deliberate national strategy for the organization. This long and sometimes arduous process produced our organization’s first ever political program, “Turning the Tide: An Anarchist Program for Popular Power” released on May Day 2023. Bringing new political and practical clarity to our efforts, the document outlines our understanding of the social, political, and economic structures of domination we face, an analysis of the ways that these enduring structures shape the present conjuncture, and offers a clear vision of the world we are fighting for while also laying out the strategic and tactical means to reach our aims. Conclusion

A decade on from our founding, Black Rose / Rosa Negra continues to grow in every facet of organizational life. We are committed to the ongoing practice of discussing, debating, and developing ourselves politically and believe that the introduction of our program represents a significant step forward in this regard. Our membership is growing, with new Locals and contacts in nearly every major city in the United States. Members of Black Rose / Rosa Negra are sinking ever deeper roots in their sites of social insertion, whether in the labor, tenant, student, or neighborhood organizing sectors. We are strengthening our relationships internationally by coordinating with existing sibling organizations and offering support to the fledgling organizations of our current.

Each step we take is informed by the work of those who have come before us. From the earliest examples of organized anarchism in the United States, exemplified by groups like the International Working People’s Association, up to the organizations which directly preceded our own. Their history is our history and we walk the same path. This is why we believe that the retention and transmission of a shared historical memory is necessary for any effective revolutionary organization.

Megathreads and spaces to hang out:

reminders:

  • 💚 You nerds can join specific comms to see posts about all sorts of topics
  • 💙 Hexbear’s algorithm prioritizes comments over upbears
  • 💜 Sorting by new you nerd
  • 🐶 Join the unofficial Hexbear-adjacent Mastodon instance toots.matapacos.dog

Links To Resources (Aid and Theory):

Aid:

Theory:

Financial Support to the Bearsite

top 50 comments
sorted by: hot top controversial new old
[-] thelastaxolotl@hexbear.net 7 points 1 week ago

Link to the 🐼 Hexbear Matrix Chat https://matrix.to/#/#Hexbear:matrix.org rose-fist

[-] CocteauChameleons@hexbear.net 7 points 1 day ago

Who are the most based trostkyists?

[-] Grebgreb@hexbear.net 4 points 1 day ago

kitten on bed cat on lap as of writing this

[-] UmbraVivi@hexbear.net 4 points 1 day ago

So while there's of course true Trump zealots who aren't deterred by the Epstein stuff, your average reactionary does seem pretty upset about it and they're not letting up. Joe Rogan's audience is really damn mad at him for downplaying it. It's nice that people are just like 75% brainbroken.

[-] AntiOutsideAktion@hexbear.net 1 points 23 hours ago

They really did build their entire politics around that kernel for the last almost whole decade.

[-] ClathrateG@hexbear.net 3 points 1 day ago* (last edited 23 hours ago)

Been trying to parody Jane's Addiction's Been Caught Stealing for a week now, but I all I can think of for 'my girl she's one too' is 'my girl she eats poo' which isn't the direction I'm going for

[-] videogame@hexbear.net 8 points 1 day ago* (last edited 1 day ago)

interesting moral dilemma my friend and i were discussing, if he becomes a sm*ll b*s*ness owner, but he somehow manages to wire $10,000 directly to Hamas, should that grant him unlimited forgiveness for being bourgeois?

[-] Inui@hexbear.net 8 points 1 day ago

Engels was a class traitor. Why can't your friend be?

[-] HarryLime@hexbear.net 1 points 23 hours ago

Marxism is not moralistic. If your friend wants to be a small business owner, they can go ahead. If they want to achieve socialism, they should work to achieve it. Socialists and revolutionaries have come from all classes, and sections of both the large and small capitalist class will follow the working class in any revolutionary scenario. Don't adopt this sort of Protestant, moralistic view of Marxism, where being a member of a certain class is a stain on your soul.

[-] Blockocheese@hexbear.net 3 points 1 day ago

Everytime my friend tells me about her cousin I get more convinced he's gonna be on the news one day (bad)

[-] oscardejarjayes@hexbear.net 2 points 1 day ago

Interacting with people on the internet can be wild, people aren't even willing to copy and paste stuff into the searchbar, or click on links. It makes having conversations with some people basically impossible.

[-] Wmill@hexbear.net 3 points 1 day ago

Feels like it's obvious to people who do it often but like 70% of exercise is just getting the right form down, was doing some calisthenics and like just figuring out what my body should have been doing was the majority of the challenge

[-] ClathrateG@hexbear.net 2 points 1 day ago

Yeah, and I'm the muthaflipping Jonkler

[-] Hohsia@hexbear.net 5 points 1 day ago

Look, I am really trying not to humanize and don’t know enough about this shit to say whether an AI system will just “wake up” and act completely unprompted if you feed it enough parameters (I think the latest models in the most advanced LLMs are up to 1 trillion or something), but I also think it’s a bit naive to believe that we as humans couldn’t possibly emulate a suffering akin to the type we experience and inflict upon others if given enough time/resources. I mean some might argue that’s exactly what we’re doing when we give birth but yeah. All of this shit gets worse and worse the deeper into the rabbit hole you go and I’m getting pretty deep

[-] Hermes@hexbear.net 8 points 1 day ago

Look, I am really trying not to humanize and don’t know enough about this shit to say whether an AI system will just “wake up” and act completely unprompted if you feed it enough parameters

LLMs are just math operations. It is no more likely to "wake up" than the code that displays Hexbear on your screen.

All of this shit gets worse and worse the deeper into the rabbit hole you go and I’m getting pretty deep

All you are doing is reading fiction from tech companies, it isn't deep.

[-] TerminalEncounter@hexbear.net 3 points 1 day ago

Fundamentally, I dont think we'll be able to get AGI on silicon, including even whole brain emulation. The degree to which regular general intelligence exists lol... Anyway, the fact that brains exist in the world and give rise to something we can say has general intelligence means it should be possible to do that in principle. But I think anything based on how human brains work without whatever squishy biology, chemistry, fuzzy quantum mechanics bs we have is ultimately doomed to fail.

Emulating suffering and inflicting it purposefully would certainly be a bad thing to do. Maybe come out of the rabbit hole though, we arent there. There's also different views of suffering anyway, for one example Samsara (the world of suffering, running around purposely) leads to Duhkha (suffering, eating without filling) because of our own attachments.

[-] pcalau12i@lemmygrad.ml 1 points 23 hours ago

There is no strong evidence that quantum mechanics plays a direct role in general intelligence, and there are multiple reasons to think it is unnecessary for modeling cognitive processes. In my opinion, the challenge is not classical computation itself but the limitations of the von Neumann architecture. Traditional CPUs operate largely sequentially: instructions are fetched, processed, and stored in a linear fashion. Parallelism can be added through multiple cores or specialized instructions, but scaling this to the level of biological neural networks is extremely difficult.

For example, the AMD EPYC 9654 has 192 logical cores, yet this is tiny compared to the parallelism of the human brain, which has roughly 86 billion neurons, each capable of processing information simultaneously in a massively distributed network. Standard CPU designs simply cannot match this kind of concurrency efficiently.

GPUs can help because they are designed for highly parallel tasks, originally for graphics rendering, which is naturally parallel. Neural network computations map well onto GPU architectures, which is why GPUs accelerate both training and inference. However, this works best when tasks can be fully offloaded to the GPU. It breaks down when you consider real-time, interactive AI. Input from sensors must be collected, preprocessed, and routed by the CPU, and outputs must be translated into actions, using the CPU as a middle-man.

Training and inference on the same model simultaneously is also not practical with this kind of architecture. Current architectures generally require either separate hardware for training and inference or carefully scheduled workflows that switch the GPU between modes, with the CPU orchestrating data movement.

We need a fundamentally different computing paradigm. This would involve processor architectures that integrate massive parallelism directly into the hardware and thus eliminate the CPU-GPU distinction. They would connect inputs and outputs directly to the computational substrate and would be able to carry out in-chip training.

[-] Hermes@hexbear.net 1 points 1 day ago

Fundamentally, I dont think we'll be able to get AGI on silicon, including even whole brain emulation.

I actually disagree on this, I think that the silicon manufacturing capabilities required for AGI have been available since the mid-late 2010s, but the software and knowledge required to actualize it is still decades away. Silicon based processing is incredibly powerful, even with the brute force techniques we currently use. The two advantages that I see for organic computation is the 3D network of logic cells, and the ability to process with analog signals. If silicon chips had money poured into analog processing, combined with their increased power budget, I think that they could easily do what we do using a mid-range chip.

[-] TerminalEncounter@hexbear.net 1 points 1 day ago

Im saying what gives rise to minds and intelligence as we understand it, cannot be done on silicon. Reality also has access to a lot of quantum mechanics stuff that we dont so far in our computational techniques, and I think the processes that give rise to intelligence (I.e. biological ones) are probably uncomputable functions. In the space of continuous functions even, most are uncomputable anyway. And we just dont know enough about the brain to even try and emulate it anyway, theres a lot people would cut away as unnecessary in order to speed up efficiency that probably has some key function we wouldnt have guessed without trying to cut it. Not just the arrangement of neurons or analog signals, but all the other stuff that goes into making a human like glial cells, immune cells, hormones, we all have bits of arsenic floating around all the time etc

[-] TerminalEncounter@hexbear.net 3 points 1 day ago

not just bikes: autolow has no english translation

me, instantly understanding and with the full power of material dialectics: car-less

[-] WokePalpatine@hexbear.net 6 points 1 day ago

Taylor Lorenz's libertarian white feminism is so fucking annoying sometimes. She's defending pregnancy surrogacy as not being adoption. IT IS ADOPTION. THAT IS NOT YOUR BABY, THE BABY IS THE PREGNANT MOTHERS', YOU'RE CREATING A GENETIC SPAWN OF YOURSELF THROUGH THEM AND THEN ADOPTING IT FROM THE PERSON WHO ACTUALLY DOES THE PREGNANCY LABOUR.

[-] hexaflexagonbear@hexbear.net 4 points 1 day ago

She might be an actual lizard person, not because of her opinions but because she likes keeping her house temperature at like 90F. Not like a saving energy in the summer, this was in the winter.

load more comments (1 replies)
[-] WokePalpatine@hexbear.net 3 points 1 day ago

When it's Elon doing it the actual power relation becomes clear, but somehow if a rich woman is doing it with/to another woman it's muddled in these people's minds and it's 'empowering'.

[-] WokePalpatine@hexbear.net 3 points 1 day ago* (last edited 1 day ago)

Not to mention her bizarre pro-4chan/anti-censorship take. You'd think maybe she'd change her mind on that considering the Epstein stuff involving him and the people in his sphere of influence needing websites like those to create/enhance the problems with we're dealing today but apparently not.

[-] FunkyStuff@hexbear.net 2 points 1 day ago

Isn't her reasoning for being really anti-censorship that if censorship became more common it would be used very unevenly against the left, even if the cases used to justify it are right wing? You know, like t_d and Chapo getting banned simultaneously.

[-] WokePalpatine@hexbear.net 2 points 1 day ago

More or less, yeah. Generally starts from a very EFF/Wired magazine start point considering technology. She does this with phones, schools social media at large, etc. as well.

[-] FunkyStuff@hexbear.net 1 points 1 day ago* (last edited 1 day ago)

I don't know if I'm committed to this ideological line or anything but I don't think she's really wrong about that. As long as socialists are in the fringes we should be opposed to political censorship (even though it would mean the far right can gain more ground, they're not likely to be as harmed by censorship as we're gonna be) but once we have state power we should do the opposite.

Like, for every Nazi march on Skokie that you want to grant the liberal state the power to suppress, there will be 20 more popular left wing solidarity movements that will get suppressed with the same justification. But once you've had your revolution you can freely send the Skokie Nazis to the barbara-pit

[-] WokePalpatine@hexbear.net 1 points 1 day ago

Anyway. I demand the admin creator a sister site called 'Hexbear (Taylor's Version)' with no moderators.

[-] NephewAlphaBravo@hexbear.net 7 points 1 day ago

not every exasperated petty bourgeois could have become hitler, but a grain of hitler is lodged in every exasperated petty bourgeois heap

[-] Euergetes@hexbear.net 11 points 1 day ago

i wish there was a word for the heap of hyper-individualist crunchy psuedo-left theorists who undermine organization and community while claiming revolutionary and communitarian ethos

god they're so annoying, consistent ideology and programming is actually reifying empire so we're going to jack ourselves off problematizing everything and disavowing "forms of knowledge" that descend in any way from state legitimized concepts (including dialectical materialism!).

NO! if your prescription for imperialism is thinking different, imagining different, you are not a revolutionary. you MUST do something! typical libs are more activist than these fuckers

[-] Goblinmancer@hexbear.net 5 points 1 day ago

25 dollar for grim dawn occultist in a 25 year old game well done blizzard

[-] Acute_Engles@hexbear.net 3 points 1 day ago

I bought d2r and knew i was falling victim to nostalgia bait but to add dlc on top of that? Disgraceful

[-] marxisthayaca@hexbear.net 3 points 1 day ago* (last edited 1 day ago)

I miss WoW sometimes but I’m so glad they ruined it for me. The day I couldn’t run a dungeon because my iLevel was 1-3 points off, it’s when I quit.

[-] Goblinmancer@hexbear.net 3 points 1 day ago

Just reinstalled overwatch

Okay at least it has far fewer "immortal heal" ults than the other game.

[-] Sulvy@hexbear.net 9 points 1 day ago

While we all know the liberal social contract was broken looong ago, I hope it is now decimated in the public’s view

[-] CrispyFern@hexbear.net 9 points 1 day ago

Dear God... I KNEW THIS DAY WOULD COME!!!

spoilerI saw it on the calendar

load more comments (1 replies)
[-] HarryLime@hexbear.net 7 points 1 day ago

Mad Men Season 7

Sally Draper: FFS dad, you and mom are both in your mid-40s, can you both not shamelessly flirt with my teenage friends???

Don: Sally, your mother and I are otherworldly hot, ok? We're just absurdly attractive people. You have inherited this from us. It is up to you to use this power ethically, even if we cannot.

I wish I knew what I was doing with stocks so I could make money like all those dudes on wallstreetbets. Granted, it looks like everyone on there is rich as fuck already since they have thousands to gamble with but I'm just tryna make like $20k to pay off some debt.

I guess I need to watch some videos on what a call or put is instead of just buying a share and hoping it doubles overnight

[-] Carl@hexbear.net 5 points 1 day ago* (last edited 1 day ago)

make money like all those dudes on wallstreetbets.

Reminder that every post about a wsb person making money is at least 50% likely to be fake, and for every person that does make money there are a thousand that have to lose it.

That one guy got generational wealth by convincing a bunch of millennials to put their money into GameStop right before a console launch, but him making money resulted in tens of thousands of others getting stuck holding the bag when it turned out that no, GameStop was not about to reverse the generational shift towards online and digital marketplace.

[-] Inui@hexbear.net 3 points 1 day ago* (last edited 1 day ago)

Calls and puts are essentially bets that a stock will rise or fall to a certain number. They're contracts that say "I reserve the right to buy/sell 100 shares of this stock at 100/X dollars each", even if the stock goes up to being 200 or down to 50 a share. Most people don't actually use that right unless they're rich.

What those people are doing is buying them and then selling them back to someone else as the value of the stock gets closer to the call/put they bought,, because buying the call or put costs a fraction of the actual stock value. You can buy an Nvidia call for 2000 dollars that gives you the right to purchase over 100 shares, or you can buy 10 measly shares.

There's a lot of numbers and data and frankly magical thinking that goes into the actual value of your calls and outs and whether you should buy one for a certain value or another.

They're also time limited and expire. Shorter calls cost less but you have less time for your prediction to come true and the value will tank significantly faster if the stock is going the wrong direction in that period of time. WSB sometimes buys "dailies" which is a prediction that a stock will move up or down within the like work day window the stock exchange is open. They sell it by the end of the day. This is 100% gambling. You can go longer, which has less pressure from the length of the contract, but may not accumulate value as quickly since things can change a lot in the longer length of time.

The worst thing that can happen is the stock goes the wrong direction and your call or put becomes worth 0 dollars since your prediction no longer makes sense. Or it expires, which typically means the broker will sell it for you at the current price if you don't have the money to 'exercise' it (buy/sell the 100 shares).

This is why they're so much riskier than shares, because Nvidia dropping 10 dollars temporarily makes each of your shares individually worth 10 dollars less, but could make your 2000 dollar call now worth 0 with no time for it to recover.

I was desperate during Covid and got into all the stock shit. Made about 8000 dollars and then lost it and went down to -4000. I had GameStop shares when they were 20 dollars but I couldn't risk all my money on a 'gamble' for a dying retail chain. I sold them and they mooned immediately after.

I don't really recommend this at all, in the end I lost money because of my own impatience and realized that I am probably susceptible to gambling addiction when I was pretty confident any addiction was not something I was prone to based on other experiences.

If you do, you can make a 'paper trading' account that lets you trade real stocks but with fake money. It won't help your situation but maybe if you immediately lose 1000 dollars, it'd convince you not to. Likewise though winning big could make you regret having not done it with real money and thinking you can replicate it with real cash.

[-] wombat@hexbear.net 7 points 1 day ago

it is february 11 and stalin saved the world from fascism

[-] HarryLime@hexbear.net 5 points 1 day ago
[-] iArtemis@hexbear.net 10 points 1 day ago* (last edited 1 day ago)

there may come a day where you try to get into kpop because your crush is into it, but you must stay vigilant

load more comments (2 replies)
[-] anonochronomus@hexbear.net 3 points 1 day ago

Is there a way I can easily only browse posts on hexbear? My feed is clogged up with trash from lemmy that doesn't even begin to approach the quality of posting from my Hexbear comrades.

I think there's an option for "local" that will only show posts from your local instance. If that doesn't work, what I do is click the "subscribed" option and it will only show you comms you are subscribed to. I just subscribe to almost every com on here and like 2 from other instances so that way I dont have to see goofy r*ddit-ass comments

load more comments (2 replies)
[-] Mindfury@hexbear.net 6 points 1 day ago

i'm going to see Dream Theater tonight

i can't wait for it to be shit

load more comments (2 replies)
[-] CrispyFern@hexbear.net 7 points 1 day ago

Team Fortress 2 outlived Overwatch twice

load more comments
view more: next ›
this post was submitted on 06 Feb 2026
64 points (100.0% liked)

Chapotraphouse

14268 readers
677 users here now

Banned? DM Wmill to appeal.

No anti-nautilism posts. See: Eco-fascism Primer

Slop posts go in c/slop. Don't post low-hanging fruit here.

founded 5 years ago
MODERATORS