ItsMonkk

51 ms·

451.
by ItsMonkk 5y ago
Right, so you are looking at the pie and seeing a redistribution, and going "this is all equal". The key you are missing is that this fixes the incentives. Currently NIMBY's(No in my back yard) say no to new housing so that t
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by ItsMonkk 5y ago
I find it fascinating that this community can both have this stance and find nothing wrong with the FIRE movement. What is a $1000/month UBI? Using the 4% rule, it's equivalent to having investments worth $300000. I have a feeling
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by ItsMonkk 5y ago
Housing can’t be both affordable and a good investment. The price of a home should therefore equal its replacement cost. If the market value of the home with the land is $1 million, but the cost to build the home is $200k, raise taxes on th
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by ItsMonkk 5y ago
I think the generally understood stance from economists is that they fear inflation(despite the well researched article we're responding to that states that we won't see hyper-inflation!) more than they fear recessions, and that
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by ItsMonkk 5y ago
I've been researching this topic independently over the last year and about 70% of what I've researched is presented beautifully within this article. What a great post. The only thing I would try to add that she left off was just
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by ItsMonkk 5y ago
I really have no business answering this, but in the spirit of Cunningham's law I'm going to try to give an answer how I think of it. Would like some feedback and some guidance. This is purely a intuitive answer and not at all an
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by ItsMonkk 5y ago
I've watched a decent amount of Jobs interviews, and I think you are down-playing the importance of this effect. He was a jerk, but he could spot talent, feverishly go after it, and then allow it to shine by giving it some of the most
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by ItsMonkk 5y ago
pg has a great article on AirBnB bootstrapping their business by doing things that don't scale. He says that they would go door to door and early on would take pictures of the rooms so that their on-boarding was easier. What I have com
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by ItsMonkk 5y ago
It's also possible for new forms to emerge throughout this. For instance, I can imagine that remote workers might attempt to move into a college campus amongst students, or if a college campus shut down for remote workers to move to it
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by ItsMonkk 5y ago
Seems like it might be possible to add WebRTC(or some other peer-based live system, I don't know the performance characteristics of WebRTC) to get realtime writes. Those edits would then be added to the WAL, and every say, 10 minutes a
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by ItsMonkk 5y ago
Yep, completely agree. But notice how this argument is based around the margins. When labor goes up, rents go down and food costs go up slightly. Someone who used to just barely be able buy fast-food from McDonalds will suddenly not be able
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by ItsMonkk 5y ago
Right, which is why I clarified each time I said that. Software costs don't go up as they don't rely on minimum wage labor. For restaurants, that almost universally rely on the cheapest labor, this is the case. If Burger King and
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by ItsMonkk 5y ago
This is something that is quite nuanced that isn't apparent until you really look into the numbers. When something happens that universally makes the labor costs go up, and you expect for many businesses to go into the black, what you
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by ItsMonkk 5y ago
It seems rather obvious to me that most hiring should be done at the intern/contractor level, where the interview process is extremely basic and let's most people through. Can you do a single basic level hackerrank question? Welco
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by ItsMonkk 5y ago
> webserver which calls a parser module which calls an external library There's your problem right there. Nested calls are killing us. That parser module should be a pure transformation function. If it has requirements, your main w
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by ItsMonkk 5y ago
The link to hexagonal architecture at the bottom is an important one. Colored functions are a good thing. In fact, just splitting based on red/blue for sync/async doesn't go far enough. You also need to split based on pure&#x
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by ItsMonkk 6y ago
Yeah, I agree with most of what you put here. I'm mostly speaking to the articles point where we are in an alternate reality with different built up structures. When thinking about going purely data structure, I was thinking something
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by ItsMonkk 6y ago
Well no one has infinite time and money and a perfect understanding of any complex problem yet, but I think the F# DDD[0] overview can show an example much closer to more data structures and less algorithms. [0]: https://fsharpfor
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by ItsMonkk 6y ago
All programming is made up of data structures and algorithms. A program could be all data structure, a mixture of the two, or all algorithms. In a perfect world, where a team has infinite time and money and a perfect understanding of the pr
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by ItsMonkk 6y ago
It's a lot like this Order Of Operations quizes that make it around social media, with people who don't quite understand Order of Operations getting the wrong answer. The obvious answer every engineer understands, as soon as it ge
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by ItsMonkk 6y ago
I'm curious, has anyone done any back of the envelope calculations on this? Let's say the US Government started a side-chain starting at the very first transaction and has kept it within it's own firewall, and has been mining
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by ItsMonkk 6y ago
I think when you look at this problem from the viewpoint of local first software - with decentralized sharing and materialized views with a set of private/public relational event source logs - it really comes together well. It doesn&#x
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by ItsMonkk 6y ago
I really enjoyed and learned a lot watching this, thanks.
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by ItsMonkk 6y ago
So I've been trying to work this out. Previously I understood the idea "The passives are simply the average of the actives". So even if you had 99% passive, so long as the actives were doing their homework the system would wo
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by ItsMonkk 6y ago
Mark Seemann's blog I've been reading for the past couple years answers this question. In particular, his posts on Hexagonal Architecture[0] and Dependency Rejection[1], but there are many more articles that cover this and I highl
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by ItsMonkk 6y ago
Yes, and this is why you see hyper-inflation of most CPI items during supply shocks[0][1], not during money printing. The longer something takes to spoil, the more potential it has to be hoarded. To evaluate our risk, we need to determine w
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by ItsMonkk 6y ago
Bitcoin is like gold. Tether is like USD. You don't trade the gold, you trade the dollars. They never printed more gold, they printed more dollars. Tether has printed $2B in the past week. Loans will be freely available.
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by ItsMonkk 6y ago
To your first 3 paragraphs: Right, so the income that normal people get from their labor is like water, and the income that wealthy people get from stocks is like oil(Note: for the rest of this comment, "oil" is code for wealth as
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by ItsMonkk 6y ago
They came for the high school drop outs and I did not speak out... High school grads, College Grads, Liberal Arts Grads, Non-STEM Grads, Non-Tech Grads, and now here we are. They came for the average CS graduates and I did not speak out. Ho
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by ItsMonkk 6y ago
You touched on something that I have been trying to work out but don't nearly have the expertise to create. Bitcoin requires PoW because it's implemented as back-pointers, where the global software states that everyone coalesces b

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