boc

69 ms·

301.
by boc 5y ago
More like they build successful companies in the US which then enter the European markets with a massive warchest and dominate any domestic EU startup in the space.
302.
by boc 5y ago
You're describing credit, not currency. You can access credit to fund daily transactions without touching the principle of your investments. That's what a credit card does.
303.
by boc 5y ago
There's a difference between listening and engaging. The NSA listens. TikTok listens, engages, and suggests new content and ideas to millions.
304.
by boc 5y ago
People get way too hung up on the concept of "hard" currency. It really takes some study of economic and financial history to understand that currency is just a means to an end, and that hoping for some immutable piece of value in
305.
by boc 5y ago
I love how you're just realizing that NFTs are a pure money-laundering scheme. Just wash trade your bored ape and "sell" it to your alter ego and bam! Legitimate income for the cost of some ETH gas.
306.
by boc 5y ago
It sounds like all the good things for bitcoin here are coming from the power of the central authority to provide confidence, legitimacy, protection, and legal recourse. So why on earth is that a good thing for an asset which is all about t
307.
by boc 5y ago
You still get paid for unlimited vacation days.
308.
by boc 5y ago
My favorite thing about those countries is how American taxpayers sent American soldiers to stop violent wars and an actual genocide there within your lifetime. Did you go visit Srebrenica when you were there?
309.
by boc 5y ago
In your first post you wrote: "I've gained Immense amounts of respect for humanity" yet you turn around and write this. You were a tourist here. You lived in Los Angeles. Yet you somehow feel emboldened to call a nation of 33
310.
by boc 5y ago
I don't go on British message boards and "correct" their spelling. Try to extend the same courtesy here.
311.
by boc 5y ago
Keep in mind that the size is dictated by MIRVs[1] - one ICBM goes up into space, breaks into lots of independent missiles, and they all rain down on different targets. [1] https://en.wikipedia.org/wiki/Multiple_indepen
312.
by boc 5y ago
Hot take but I'd much rather politicians make their money via open, fully-disclosed investments in public companies vs shady backroom deals where their kids or shell companies get untracked kickbacks. Pelosi represents SF. It's he
313.
by boc 5y ago
Except the JWST isn't going to fly through my windshield at 80 miles an hour on 280 if it doesn't end up working perfectly.
314.
by boc 5y ago
As someone from the middle of Kansas, it's funny reading someone describe Minneapolis like a sleepy backwater town. If you truly grew up in the heartland, major cities like Minneapolis and Chicago feel incredibly alive and full of ener
315.
by boc 5y ago
That's why she got a mechanical heart - she was rejected for a transplant because of her vax status. Which makes her hesitancy even more ridiculous since being unvax'd nearly killed her in two different ways.
316.
by boc 5y ago
One of my friends is an ICU nurse. My friend just laughs now when asked about whether vaccination works because nearly every single person in the ICU for the past few months has been unvaccinated. One patient was basically 50/50 to die
317.
by boc 5y ago
I guess it's all about your perspective on how to interact with strangers via email. For me, I think it's best to keep an open mind and have empathy with someone reaching out instead of demeaning them for a strategy that they pers
318.
by boc 5y ago
Counterpoint is that Mailgun likely had flagged the account (80% deliverability is bad) and wanted to open a line of communication without coming across as hostile. It wasn't a sales opportunity, it was a "you need to improve&quot
319.
by boc 5y ago
This is all fair and there are hundreds of economists who will admit that CPI has plenty of shortcomings - I don't think anyone would say that it's perfect or even hugely accurate. However the value of CPI comes from the fact that
320.
by boc 5y ago
They update CPI regularly to reflect what people are currently buying. The economists and professionals who work in this industry aren't idiots. The CPI index has been running continuously for decades and yet you've decided based
321.
by boc 5y ago
Thank you. Covid-era policy was choosing between bad and worse outcomes. The Fed and both the Trump+Biden administrations correctly learned the lessons from 2008 and decided that we could handle a year or two of inflation in exchange for av
322.
by boc 5y ago
The BLS has a very well-documented method [1] of measuring core consumer inflation. The basket of goods they track likely does not reflect your personal consumption patterns. [1] https://www.bls.gov/opub/hom/cpi&#x
323.
by boc 5y ago
If this was true vaccines would be ineffective against Delta and other mutated variants, but it turns out the vast, vast majority of cases that are severe or result in death are among the unvaccinated. This is just bad science and isn'
324.
by boc 5y ago
So the "trustless" system still relies on you to trust the reputation of the winemaker. What are we actually inventing here?
325.
by boc 5y ago
I don't think I need to explain how risky it is to buy subprime commercial paper denominated in non-US currency to back up your USD reserves. It's not like Evergrande is teetering on the verge of a massive default or anything...
326.
by boc 5y ago
Nah the corporation is the rock - they aren't a market participant so them paying you and your friends a dividend isn't a net loss in the market for rocks. Instead simply holding rocks and not trading them is still generating mone
327.
by boc 5y ago
And you've set me up perfectly for the real point: stocks generate dividends. Dividends mean that the "rocks" you hold spit out a few pennies magically every so often. While fewer stocks today pay a dividend, many still do. F
328.
by boc 5y ago
What happens if the wine goes bad? Who/what arbitrates in that scenario? Because from the winery's perspective, whoever currently holds that contract owes them money for the wine at a fixed price that was determined and sold in th
329.
by boc 5y ago
It's still zero-sum - I'll illustrate with an example: Imagine you and your friends collect and trade rocks you find on the beach. The more rocks you pick up and put in your personal baskets, the scarcer they become (just like min
330.
by boc 5y ago
One Tether is the supposed to be = to one USD which is supposed to be in Tether's bank account somewhere. They have like 16 people total and are based in a mailbox in the Caribbean and nobody in the commercial paper markets have heard

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