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Excellent analysis as always, thanks. I was going to facetiously suggest you start billing HN for your services, but I then thought it might be an idea for you
by redthrowaway 13y ago
Excellent analysis as always, thanks. I was going to facetiously suggest you start billing HN for your services, but I then thought it might be an idea for you to throw a bitcoin address in your profile in case someone feels like sending you a tip.
- tptacek 13y agoIt's funny, I was thinking literally the exact same thing. I just put some money onto Watsi, and I think I'll keep doing that every time we get 'grellas top-post.
- homosaur 13y agoI'd throw in .01 or .02 BTC (what are we to call these, Bitcents?) for that, I tried to read the complaint but simply don't know enough about law, especially CA law, to interpret this until I read his comment. HN's greatest attribute is the wealth of experts in different fields that are here to help elucidate these complicated things for we the confused.
- TheAntipodean 13y agoI believe the preferred naming for 0.01 BTC is a Satoshi [1]. They were named such to honour the author of the original paper. [1] Third sentence: http://en.wikipedia.org/wiki/Bitcoin http://en.wikipedia.org/wiki/Bitcoin
- anateus 13y agoThe sidebar on the right mentions that a Satoshi is actually 0.00000001 BTC
- TheAntipodean 13y agoThank you. Round 3 =]
- tetrad 13y ago0.01 BTC is in fact a bitcent, and a Satoshi is much smaller (0.00000001 BTC) https://en.bitcoin.it/wiki/FAQ#What_do_I_call_the_various_denominations_of_bitcoin.3F https://en.bitcoin.it/wiki/FAQ#What_do_I_call_the_various_de...
- TheAntipodean 13y agoThank you for clarifying that. My mistake! Round two!
- redthrowaway 13y agoA Satoshi is defined as 10 ^ -8 BTC. Actually, it's more accurate to say that a Bitcoin is defined as 10^8 Satoshis, as the Satoshi is the actual atomic unit of exchange.
- TheAntipodean 13y agoAhh thank you for clarifying that. My mistake.
- pg 13y agoOr startups could just hire him as their lawyer. Parse did and they are happy customers.
- redthrowaway 13y agoThe point of non-mandatory tipping though is that it feels good for both the sender and the receiver. It gives the sender the warm fuzzies for giving even a trivial amount, and the receiver gets a concrete demonstration that their efforts are appreciated. Hiring someone to do a job certainly pays better, but its transactional nature negates the mutual emotional benefit of a token of appreciation freely given.
- larrys 13y agoI don't have the reference (or a link) but I remember pretty clearly that (might have been Cialdini or similar) a principal where attorneys would do for free what they wouldn't do for, say, $50 per hour. As an example I serve on the board of a condo and I'm paid $0. Most likely if I was told I would be given $25 for every meeting I would think "my time is worth more than that" and it would actually be a negative (figures arbitrary.)
- redthrowaway 13y agoAs soon as you bring compensation into the equation, people measure it against what they expect they should be compensated. I saw a thread on reddit earlier discussing Dennis Rodman's entreaty for Kim Jong Un to "do him a solid" and release the American who was arrested for photographing homeless children in North Korea. One of the commenters argued that this actually could work, due to the Korean principle of "Jeong", or helping out friends simply for the sake of helping. An appeal to Kim's rational best interests would be measured against his own appraisal thereof, but a personal request from a friendly acquaintance doesn't carry with it that baggage of zero-sum gamesmanship, and so is more likely to be heeded. It was an interesting argument, and I certainly don't think the concept is limited to Koreans.
- 13y ago