beefield

67 ms·

811.
by beefield 8y ago
> Finally, it's not MBAs who decided to focus on growth at all costs. It's the nature of the game. Either you get to the top or your competitors will do that. So don't hate the player, hate the game. Well, I do think it is
812.
by beefield 8y ago
> What about audiobooks, discord/slack for team communication, or sometimes reading on public transport. You can easily block/mute notifications and all that. I can also easily take my smartphone with me when I think there is a
813.
by beefield 8y ago
> you'll work out how to waste your time without your phone and you'll be back to square one. I had a dumb phone for a year or so until maybe half a year ago. The ways I found to waste my time without smartphone were refreshing
814.
by beefield 8y ago
Well, the sharp end of economic research may or may not be far beyond 70s Chigago, but there are lots of economic opinions flying around in the policy mainstream discussion that just about pass the 101 of 70s Chigago economics class. And
815.
by beefield 8y ago
> A really interesting counterfactual would be a world were Facebook, Instagram & Snapchat are all competing. Obviously, antitrust laws are among the many things I know nothing about, but it still difficult for me to understand how t
816.
by beefield 8y ago
Jusr amoment ago learned about mosh.org that sounds like would be helpful for that kind of situations.
817.
by beefield 8y ago
To me that is quite a popular opinion. Unfortunately, as often is with popular opinions, it is quite... unhelpful. For the vast majority of eart's population, kids are a pension insurance that guarantee income if you happen to live old
818.
by beefield 8y ago
And how much our world would be a worse place if that innovation 1. Was kept secret 2. Had not been made in the first place? (I had the key word "significant" on purpose)
819.
by beefield 8y ago
> The public benefit of a patent is that the information is public -- inventions which might previously have been kept secret are instead put into the light where others may use them Can you come up with siginificant patented innovation
820.
by beefield 8y ago
I do not have currently the hardware (nor immediate need for it) it is just something I have been wondering how much it would cost to get properly global intrnet connection. I think Iridium Go does not allow connections from other than sel
821.
by beefield 8y ago
Just wonder what kind of experience one should expect with 2400 bps? (Iridium go unlimited global satellite connection that costs around 135 USD per month. I think Go has some limitations so I do not know how much one would need to hack th
822.
by beefield 8y ago
> This app is disabled and does not appear in the repo
823.
by beefield 8y ago
Wikipedia, Hacker News, Stack Overflow and maybe The Economist come to my mind. (Been planning for a while to set up my work laptop to access only a whitelisted set of domains to avoid 1. Procastrination and 2. ads & tracking.)
824.
by beefield 8y ago
> Okay, but whose definition of "efficient" are we using here? That's the problem. I have no better definition. I just have a feeling that the current economics 101 doctrine of free markets just might not be the right answ
825.
by beefield 8y ago
> Since then, no progress on this front. Not even a repeat. This is not an accelerating rate. Well, one could argue that since then a significant bunch of our top talents have been allocated to generating financial innovations like motga
826.
by beefield 8y ago
> "fractional reserve banking" would be the case if Coinbase lends more than it holds in their accounts. That's impossible with bitcoins. That is definitely not impossible. Let's go through this step by step: I start
827.
by beefield 8y ago
Next step: Coinbase gives discount of custody service fees - or even pays the deposit maker a fee (a.k.a interest) if it is allowed to lend coins forward while coins are within custody (a.k.a fractional reserve banking).
828.
by beefield 8y ago
> But seriously, why does the financial press get away with constantly inventing causation? I guess the customers of financial press would not find "Market did some random fluctuations with no cause whatsoever" that valuable re
829.
by beefield 8y ago
> Considering that you don't know this already... if the Universe is a Simulated Video Game its very unlikely that it was created for you to play. Well, if I think from bayesian point of view, given that only creature here that I pe
830.
by beefield 8y ago
> Is the "Universe is a Simulation" more than a dreamy internet theory, though? Like, are astronomers and physicists taking it seriously? There is no practical way to falsify that so yes, it is just a dreamy theory. Unlike some
831.
by beefield 8y ago
> we have to add another condition: the net present value of the profits that could be obtained from compromising or sabotaging the network would need to exceed the net present value of the profits that could be obtained in perpetuity fr
832.
by beefield 8y ago
> The processes are unique, very difficult to replicate, and should be offered some protection (if we agree that motor designs should be protected). Just to clarify the discussion. Patents do not exist for protection of innovations or to
833.
by beefield 8y ago
I have thought of a scheme where the first couple of years of IP are free and after that heavily progressively taxed over time ( e.g 1000 usd on third year and doubling each year after that. Once the ip holder does not pay the tax, IP b
834.
by beefield 8y ago
You asked. Do not blame me. https://en.m.wikipedia.org/wiki/Atrocities_in_the_Congo_Free...
835.
by beefield 8y ago
If there is one percent chance of bitcoin making world somehow better place, I wonder what are the odds bitcoin makes world somehow worse place ( e.g. fostering criminal endeavours, pseudolegal scams,failed monetary policy and environmenta
836.
by beefield 8y ago
> No one wants to be crammed in a small space with a bunch of strangers every day. I take 15 minutes crammed in a small space with a bunch of strangers over one hour of solitude in a small metal box with windows any day. Nobody has manag
837.
by beefield 8y ago
> It still seems to me, however, that at the end of the day there's a net settlement process which happens at the central bank There is a daily settlement process via central bank, but you do not need to settle daily. Imagine only
838.
by beefield 8y ago
> Where are you getting this information from? Mainly my own personal thinking. No other sources. > Surely interest on deposits is accounted for as a funding cost and is paid out of the bank's revenues (same for staff costs). Of
839.
by beefield 8y ago
Financial engineers are quite talented in figuring out ways to create things that look like a duck, swim like a duck, and quack like a duck, but definitely are not ducks in a regulatory sense. And I am not familiar with Californian regula
840.
by beefield 8y ago
Coppola (and most other people claiming to "reveal" something profound of financial system when they tell that banks do technically not lend deposits forward) is confused in my humble opinion. There is no need for double entry acc

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