3 ms·
> A hard-working coder, Smed, or “Smedley” as he was otherwise known, had completely reworked key elements of the Silk Road infrastructure, and was being paid $
by jzwinck 11y ago
> A hard-working coder, Smed, or “Smedley” as he was otherwise known, had completely reworked key elements of the Silk Road infrastructure, and was being paid $2,500 a week for his services, more than any other employee.
Well that's depressing: he could have made more at a vanilla programming job in California. You know, one that would have zero chance of jail time. Did he fail to price his risk in, or did he just love this project that much?
- infecto 11y agoAssuming $2500 is pre tax, yes.
- abluecloud 11y agoTax free...
- halviti 11y agoYou assume that this person is of legal age to work, a US resident, not a felon, has a decent enough resume to warrant a 6 figure salary, actually wants to live in California, and then conclude that he is an idiot. That's an awful lot of assumptions.
- xacaxulu 11y agoWell, he had the added benefit of not living in California and hence not being taxed to death. Additionally there is the idea that working on something exciting and dangerous is much more intellectually enriching than pumping out some feature for a SaaS product at ABC Corp. Morality/risk is not for me to decide here.
- acveilleux 11y agoCost of living in Thailand is a tiny fraction of the costs in CA. 2500$ tax-free a week is more than plenty to both save money and live in perpetual vacation mode in, basically, what a lot of people consider paradise.