1971genocide

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91.
by 1971genocide 11y ago
Bitcoin's underlying problem as a monetary system is the same that exists with commodity based currencies like gold. Almost all economical models that exists out there always reach a point of indeterminacy. What happens when there is m
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by 1971genocide 11y ago
I am really happy the Anglo-Saxon World is shooting itself in the foot with technology. I worked for a tech company in the UK who had german clients that produced economical policies that were used by Merkel's Cabinet. It was the same
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by 1971genocide 11y ago
This is good. More competition is what capitalism is about. It also means more jobs for programmers. I hope every city and every country launches their own uber, google, tesla, airbnb, dropbox, reddit . . . Treat it like a new space age.
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by 1971genocide 11y ago
Oh Please. Do not scapegoat Venezuela's social spending and socialist ideals for the hyperinflation problem. Norway has much more generous social programs and yet they do not suffer from the same problem. Is it really hard to admit tha
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by 1971genocide 11y ago
Its not a simple equilibrium as you make out to be. No one at this point can predict what automation will do to the workforce. I find it hyperbolic that off all people programmers are most paranoid of automation. Did commodity C compiler ma
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by 1971genocide 11y ago
Having lived in the Gulf Countries - I feel that they were ahead of the curve for some time when it came to water. When I lived in Dubai water was really expensive compared to the UK. You also never drank from the tap but bottled water. Eve
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by 1971genocide 11y ago
By 2020 80% of humanity will have access to a smartphone connected to the internet. As a programmer I am really optimistic about the future :)
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by 1971genocide 11y ago
You can buy a large used van for sleeping at night and 15 pound gym membership in the uk. The reason why housing prices have skyrocketed has to do with the inelasticity of demand. You can build a fully carbon neurtal small house for 10,000
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by 1971genocide 11y ago
As someone who did AP chemistry and then went straight into programming. How would I go about learning more of this knowledge ?
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by 1971genocide 11y ago
Wow ! You cannot order any drug you want from overseas in American ? It seems like a blantent violation of basic freedom.
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by 1971genocide 11y ago
I do not understand why China is unable to divert its resources at this point to things like better education. Strong independent domestic institutions. The biggest problem was assuming that the market players are rational in the absence of
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by 1971genocide 11y ago
I get the feeling the web developers in britain are not as good as our american peers :( I always have better experience visiting vox, vice compared to guardian and economist.
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by 1971genocide 11y ago
Bernie Sanders has an interesting idea based on some research done by economist. He calls it the "Robin Hood Tax". Essentially you charge a small fee whenever any trade happens in the market. The opponents of this idea state that
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by 1971genocide 11y ago
The thing is growing almond is okay if its to meet local demand. But growing it in a state that is experiencing drought and then shipping it halfway across a ocean is just way out of wack. Is there a lack of area with water in the rest of t
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by 1971genocide 11y ago
Many people who use the internet see themselves as global citizens. The idea of a modern nation state exists due to the weakening of religion and tribalism and creation of nationalism. The internet is very threatening to nationalistic value
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by 1971genocide 11y ago
The silver lining in all this is that there would be increased demand for programmers of all sorts ! Paradoxically mistrust between government helps money to flow in science.
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by 1971genocide 11y ago
I am in the UK and I brought almond hair oil - at the back it said "almonds grown in California". How does this make any sense ? Its not even almond but almond OIL. Knowing what I know now I look at the bottle and wonder how many
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by 1971genocide 11y ago
I remember when arab spring happened and it came out of nowhere - and I was living in the middle east ! In hindsight - it was a result of spikes in food prices that followed the financial crisis. Seeing that in the last month we had : - Chi
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by 1971genocide 11y ago
The capital cost for the saudis is $15 and they are okay pushing it to $20. One paradoxical fact about the drop in oil prices is there is a uptick in investment in renewable ! The market for renewable is not only folks who care about prices
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by 1971genocide 11y ago
Yeah, the thing that is missing in our paradise of an economy is more social skills. The labor market rewards social skills because the market's buying power is transferred to a handful of people. If you had a egalitarian market that t
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by 1971genocide 11y ago
Imagine Google hiring women to "cheerlead" programmer. I am sure Google would go bankrupt just to pay lawyers to fight lawsuits. This seems like free market at work. These women have social skills to sell and programmers are buyin
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by 1971genocide 11y ago
This is bad new for everyone. China's economy is a the only thing that is driving global demand - at least for the last few years after the financial crisis.
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by 1971genocide 11y ago
I suggest we use basic income to even pay wall street ceos - and here is why. Give everyone a salary that allows them to afford food and rent. Including rich wall street bankers. This will help unsigmatize the "welfare queen" fact
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by 1971genocide 11y ago
Cost of buying solar directly from china ( no tariffs) - 1 dollar / watt. An average person can live on 2kWh a day. A 100 w solar panel outputs 470 Wh in bloody england. 500 dollars of installed solar. 1kWh of lead acid battery is 150
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by 1971genocide 11y ago
As a engineering student I have been very frustrated about this. One of the main reasons why I think engineering is failing in the west is the deep separation between the math and actual production. Software is an exception and this is why
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by 1971genocide 11y ago
Science and modern capitalistic thinking do not work well together. Most people in business view any sort of rigorous research as a "cost" center. And this thinking has diffused into government too. On the other hand marketing and
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by 1971genocide 11y ago
There seems to be a global massive increase in liquidity being injected in indexed and EFT funds. My knowledge in finance is zero. But hearing about how indexed funds and EFT funds works it seems to work in reserve to sub-prime mortgages.
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by 1971genocide 11y ago
Its hard for me be believe that people with a lot of money whose only job in life is to figure out how not to lose it do not do their research. There has to be deeper reason.
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by 1971genocide 11y ago
Thank you for that ! The sad part is US has been a force against democratic govt for the last 50 years. India, Bangladesh ( my own people ), Iran, Nicaragua, Vietnam. Meanwhile arming pakistan while it was military dictatorship, Saudi, etc.
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by 1971genocide 11y ago
I tried using such logic in the past to explain to Americans what it must feel like but its almost impossible for them to comprehend such scenario.

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