aww_dang

40 ms·

361.
by aww_dang 4y ago
Doesn't that incentivize speculation, bubbles and misallocation of capital?
362.
by aww_dang 4y ago
Imagine that you have the power of gov. spending. Would you want that limited or rationalized? The 2% figure is defined by government statisticians. When those figures don't suit their spending desires, they will trot out concepts like
363.
by aww_dang 4y ago
> In connection with the remediation of the copper network, we have been clear that no one should lose their phone. Either we move them to fiber or mobile. For some very few people, we have been forced to find special solutions.
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by aww_dang 4y ago
https://www.liberalstudies.ca/wp-content/uploads/2014/11/Eco... "Economics in One Lesson", Henry Hazlitt
365.
Cryptocurrency as Money–Store of Value or Medium of Exchange?(uni-leipzig.de)
1 points by aww_dang 4y ago|0 comments
366.
The Doomslayer (1997)(wired.com)
1 points by aww_dang 4y ago|0 comments
367.
by aww_dang 4y ago
YouTube search is almost unusable for me. The geotargetting stuff gives me totally unrelated content in a language I have no love for or related languages I cannot understand at all.
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by aww_dang 4y ago
-"negative keyword" is the way to get the old behavior.
369.
by aww_dang 4y ago
People are utilizing it, but it is not useful according to the dictates of eurocrats. They are advising banks not to use it or integrate it. https://www.coindesk.com/policy/2022/10/18/eu-countries-must.
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by aww_dang 4y ago
Imagine living in a world where you need the eurocrats' approval to create or use technical solutions for the problems created by the eurocrats and other central planners.
371.
by aww_dang 4y ago
Can you elaborate on why you perceive him as unhinged or sinister? What were his specific actions which you observed?
372.
by aww_dang 4y ago
The Youtube video tutorials popping up when searching for specific documentation or programming language features is especially disheartening. I've also noted that COVID, vaccine related or climate fact checks are pushed to the top whe
373.
by aww_dang 4y ago
So more gatekeeping, but policy-washed through NGOs.
374.
by aww_dang 4y ago
On a long enough time horizon all governments and empires fall. All paper money ultimately becomes worth only the paper it is printed on. This is where I disagree with the maximalists of specific cryptocurrencies. If utility means anything,
375.
by aww_dang 4y ago
Gatekeeping is the ultimate purpose of walled gardens. The legacy media was disrupted by creative destruction. Today's Internet user can't differentiate between the larger Internet, social media platforms and apps. The new ecosyst
376.
by aww_dang 4y ago
Misattributing a source is not the same as engaging in a discussion. It isn't a substantive reply or even tangentially related to the topic. Furthermore, I have a bridge to sell you if you believe that central bank apologists do not ha
377.
by aww_dang 4y ago
I disagree on all points here. Not only did the US central bank create the conditions for the stock market crash of 1929, but the interventionist policies of FDR prolonged the economic hardship. Interventionism put the "great" in
378.
by aww_dang 4y ago
The additional context here would be that easy money policies and cheap credit create the atmosphere for speculative bubbles. These are the products of financial central planning and regulation. Consumers have negative real rates on their s
379.
by aww_dang 4y ago
The market is punishing bad actors with insolvency. Yet somehow the conclusion is that markets are not effective in self-regulation.
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by aww_dang 4y ago
If I buy a baseball card for $1, I need someone to buy it for $2 to make money. If I trade lumber on a commodities market, I need someone to buy it at a higher price to make money. The new entrants condition does not qualify anything as po
381.
by aww_dang 4y ago
There's nothing uncompetitive about not going bankrupt while your competitors do. There's nothing uncompetitive about publishing 3rd party audits. These are the trust signals the market rewards. Meanwhile the market is punishing b
382.
by aww_dang 4y ago
Yes, it fits well with FTX's connections to the regulatory state. Specifically the SEC chairman Gary Gensler.
383.
by aww_dang 4y ago
If there were no benefits to cryptocurrency people would not voluntarily use it. It really is that simple. And yes, I know there are dangers. "Think of the children!" If the regulated financial infrastructure was a better alternat
384.
by aww_dang 4y ago
How long are we expected to keep the same phone number or live in the same country? There are too many assumptions baked in. It is still possible to use Twitter without a phone number, but it requires jumping through hoops. Telegram, the &q
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by aww_dang 4y ago
>If you are thinking of using two-factor authentication, now would be a good time So they can leak my phone number in addition to my email address? Elsewhere in their linked article on the same site: > For users trying to keep their i
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by aww_dang 4y ago
Do you find the lack of margins hurts readability?
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Randian Villains with Millennial Characteristics: FTX, Fraud, and the Fed(youtube.com)
2 points by aww_dang 4y ago|0 comments
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by aww_dang 4y ago
Private insurance schemes could offer another layer of protection and financialization. Under that scenario, fractional reserves could be used and insurers could be on the hook for mishaps. The article describes a technical solution for ver
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by aww_dang 4y ago
Do not start with your idea of your dream product. This is sometimes satisfying, but much harder to turn a profit with. Instead find a niche where you can easily reach those with the problem. Solve it simply with as little friction as possi
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by aww_dang 4y ago
Presumably there would be value for users in knowing that their deposits are covered. Therefore, users who perceive value in this way would be willing to pay a premium. There's also the possibility of exchange insiders trading against

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