RustyConsul

10 ms·

61.
by RustyConsul 5y ago
It seems our difference in opinion comes from our definition of value. I know people point to the current system and infrastructure of stock exchanges, SWIFT, the IMF, Central Banks, Retail and Commercial Banks, Internet Banks (Such as Str
62.
by RustyConsul 5y ago
The thing that is working slightly in the background to ensure net outflows don't happen is during time of downward volatility, stablecoins is what the prudent crypto investor is transitioning into and stores his wealth until they are
63.
by RustyConsul 5y ago
Also, not quite correct. Bitcoin isn't figuratively a store of value, it actually is. The amount of bitcoin on DeFi, backing collateral for flash loans and Stablecoin minting is astounding. >When you own a share of Square (or Visa,
64.
by RustyConsul 5y ago
there are multiple ways to achieve consensus, but yes POW sucks.
65.
by RustyConsul 5y ago
JIT's epitome is vertical integration so i don't think so. JIT made this all much more resilient because everyone has smaller, lower orders allowing everyone to a greater percentage of the total stock. What happened was people got
66.
by RustyConsul 5y ago
The supply and demand chart of real estate has gotten weird lately. Tech has generated unbelievable wealth, government is racking up debt to perpetuate this endless cycle of asset inflation, while Airbnb further defined rent-seeking all le
67.
by RustyConsul 5y ago
This story is an exact mob version of the story Horowitz told in hard things about hard things
68.
by RustyConsul 5y ago
Just because religions go through major institutional changes, since they are in fact very human at their core, you have to give some credit to the fact we are still talking about Buddha, Jesus and Muhammad.
69.
by RustyConsul 5y ago
How does one go about setting up an autonomous system? Seems like a shadowy world based on the impact they could potentially have.
70.
by RustyConsul 5y ago
but if it's base zero, you still wouldn't get a buffer overflow ;)
71.
by RustyConsul 5y ago
> He wrote how the masses need babysitters. This article seems to indicate the opposite of 'Masses need babysitters'. Libertarian is for free-markets and free flow of ideas. Let natural forces have more of a role, than this ant
72.
by RustyConsul 5y ago
'Impossible to control'. Born to a generation that has lost faith in governments, this is why i have crypto.
73.
by RustyConsul 5y ago
Written in short form and taken at face value, I can see why you may have this reaction to his writing. Read the sovereign individual, basically his thoughts in long form. Thiel even writes the pre-face to the book. His main arguments are t
74.
by RustyConsul 5y ago
Funny enough, most of these ideas are not his own but James Davidson, who elaborates on them in the sovereign individual. In the latest edition of the book, Thiel writes the preface. In the pre-face, he discusses China. His thoughts on Chin
75.
by RustyConsul 5y ago
do you get lonely being a digital nomad?
76.
by RustyConsul 5y ago
When i was in the Air Force, people got citizenship for serving... How are they being deported?
77.
by RustyConsul 5y ago
Tesla has had a million issues come up with attempting to build a factory in Germany. It's a regulation nightmare; Latest issue; snakes and trees.
78.
by RustyConsul 5y ago
Thank you soooo much! Your library saved me 100's of hours when i was working at Tesla. Showed the whole CapEx Team and they loved it. Will definitely be buying this book.
79.
by RustyConsul 5y ago
Me watching this video makes me think i'll see full, conscious hard AI in my lifetime. You can never really point on the evolutionary timelines and say, 'That's it! that's when consciousness arose. It's obviously go
80.
by RustyConsul 5y ago
That might be a blessing on mars.
81.
by RustyConsul 5y ago
The only thing i can truly say about that is there's a reason biden tapped gary. I have faith in Gary. But there needs to be a light hand here, cause it's getting weird.
82.
by RustyConsul 5y ago
It was soooo cringy and I think that's why i liked it. Going to the old BTC or crypto meetups was like going to a warhammer turny. No one showered, everyone smelled like shit and you always had those wannabe prophets preaching about a
83.
by RustyConsul 5y ago
I miss the old crypto. When it was this fringe, nerdy digital coin i could transfer to my friends to pay my bar tab. Yeah - Venmo/paypal/ a billion other systems that did the same thing, but to my friends btc and eventually eth wa
84.
by RustyConsul 5y ago
Robinhood's model is different from the rest of the trading firms. Since they take ownership and find a liquidity maker post-trade, it would make them particularly adept at handling crypto trades that have very large spreads. Think of
85.
by RustyConsul 5y ago
This would be a good (Bad?) time to read the sovereign individual
86.
by RustyConsul 5y ago
I've been transferring into rust consulting but i used to help companies get registered on various federal contracts, agreements, DUNS, SAM ETC. I don't know too much about the specific program but after skimming the pub you poste