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Subject: sketchy mining outfits Что такое sketchy mining outfits?Bitcoin still seemed too speculative for people who worked at conventional banks and funds. Even managers of hedge funds, the types who had no problem plunking down tens of millions of dollars on modern art, odd commodities, gold, or sketchy mining outfits in undeveloped third world countries were afraid of a virtual currency created by a mysterious computer programmer. |
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Сомнительные/подозрительные/мутные добывающие предприятия/проекты/конторы Выбирайте в зависимости от стиля остального текста. В этой фразе mining употребляется в исходном смысле добычи ископаемых. |
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link 22.04.2021 21:50 |
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Vsolo +1 'outfit' is used here as a slightly pejorative term for a business, company or other group of people that the speaker is suspicious of -- perhaps because he thinks it's behaving unprofessionally/illegally or isn't very effective. Similarly, 'the types' here is used as a pejorative term for 'the sort of people' (referring to 'managers of hedge funds'). 'sketchy' here means мутные etc, as Vsolo says. In other words, it's not clear what exactly the 'mining outfits' were doing or how exactly they were operating. Synonym: 'shady'. Also (if it helps): 'were afraid of ......' refers back to 'managers of hedge funds'. |
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link 22.04.2021 22:48 |
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sketchy adj. (informal) of questionable authenticity or trustworthiness -- American Heritage Dictionary
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| I disagree. Why would any hedge manager invest in suspicious, shady, and possibly illegal businesses? It doesn't make sense. What makes sense is that those businesses barely existed or roughly outlined, and their future was unclear. |
| In other words, they were taking huge risks, but " were afraid of a virtual currency". |
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sketchy outfit ~ шарашкина контора (если подходит по стилю текста) |
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link 23.04.2021 12:35 |
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Amor 71: ** Why would any hedge manager invest in suspicious, shady, and possibly illegal businesses? It doesn't make sense. ** You think that hedge fund managers only invest in honest/transparent businesses that behave morally? That's the point of the article: the author's saying that they were happy to take huge risks by 'plunking down millions of dollars on' (=throwing money at) a wide range of activities, inc suspicious ones -- note that he uses words such as 'types' (rather than 'people'), 'odd commodities', 'sketchy' and 'outfits' (rather than 'companies'/'businesses'/'enterprises') -- and yet, strangely, were afraid of Bitcoin, just because it had been created by a 'mysterious' computer programmer. In other words, Bitcoin was something they weren't used to/didn't understand. |
| Still, why would anybody invest in dishonest and not transparent business somewhere in a third world country? How they are going to get their money back, if they have no control over what is going on there, and the business looks fishy? It really doesn't make sense to me. I know, these hedge fund people can be crooks, but they are not stupid. |
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link 23.04.2021 13:26 |
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Amor 71: You'd better ask the author that one, but that's what he's saying. He obviously doesn't have the same view of hedge fund managers that you have! Third-world countries: Presumably he's suggesting that businesses in a lot of third-world countries aren't always regulated by their govts as strictly as businesses in more developed countries are regulated, if at all. Big international corporations have a long history of exploiting/operating semi-legally in third-world countries, of course. I can't speak for the author, though -- you'd have to ask him/her. |
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If the country doesn't have strict regulations, that doesn't make businesses there shady. If so, any business in these countries is shady. Moreover, an author is talking about risks, related to investments in those countries. How "exploiting/ operating semi-legally" increases the risks of doing business over there? I see the risk in investing in something that doesn't make any profits today and just promises big earnings some time in the future. And that future is sketchy. Anyway, thanks for conversation. |
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