boh

38 ms·

421.
by boh 5y ago
Most people who have Bitcoin don't spend it, only trade it. If you're only trading it, then your only interaction with Bitcoin is via exchanges. A handful of exchanges control most of the trades.
422.
by boh 5y ago
Not really a revolution when most people just trade it (mostly via fiat money). The original idea was for Bitcoin to be a currency, unfortunately the "hodlers" won, now its only reason to exist is to be more expensive. Boosters ar
423.
by boh 5y ago
Facebook's moat is a network not an app.
424.
by boh 5y ago
I wouldn't assume all apps have similar competitive circumstances.
425.
by boh 5y ago
Their only moat is capital which has been dwindling.
426.
by boh 5y ago
Uber is an application that helps drivers find passengers (not the other way around). They do not control the costs associated with operating a car service and so have no chance of engendering the productivity necessary to keep costs down.
427.
Magic Tricks May Fool You, but These Birds Can See Through Them(nytimes.com)
5 points by boh 5y ago|1 comments
428.
by boh 5y ago
lol
429.
by boh 5y ago
lol "legit company". I think the post proves otherwise.
430.
by boh 5y ago
Just because you're getting paid to do things does not imply the power balance is the same. As in, if you're an accountant, a lawyer, a doctor, a financial advisor etc. you have power over your customer/patient's/c
431.
by boh 5y ago
They influence Bitcoin development (SegWit is a good example), so they dictate the Bitcoin version of policy.
432.
by boh 6y ago
The most surprising element of this article is that the writer was surprised at the outcome. It's 2021--who still doesn't think Google will act like any other large corporate entity? I know the general aesthetic of the Google offi
433.
by boh 6y ago
This "theory" has been pretty obvious since the 80s. Not really sure who this is written for (probably his clients) but investment firms are always going to buy bonds regardless. It doesn't matter if equities will be higher i
434.
by boh 6y ago
Econ 101 will only get you so far. Reductionist models attempt to reflect the real world but the real world rarely reflects reductionist models. Comparative advantage for who? The US? The industry? The human race? Or the value of a legal en
435.
by boh 6y ago
Amazing how little substance this opinion article has on either side of the argument. "Government bad bcs misallocation of resources", meanwhile the reason why the US doesn't have much of the industry they themselves develope
436.
by boh 6y ago
Having things cost more isn't an issue if the economy grows at relatively the same rate as the nation's money supply. For the economy to be considered inflationary, the money supply has to outgrow economic growth. The OP is making
437.
by boh 6y ago
Semantics denote meaning, so splitting hairs on the meaning of a statement is an adequate subject for argument. You're making broad assumptions about the nature of voting rights in general by referencing an individual narrative regardi
438.
by boh 6y ago
Unfortunately much of the financial system (in the US anyway) is highly dependent on population growth. Many existing entitlements were created during periods of uncommon birth-rates with the expectation that the babies being born will grow
439.
The Crisis of Venture Capital: Fixing America’s Broken Startup System(americanaffairsjournal.org)
3 points by boh 6y ago|0 comments
440.
by boh 6y ago
Voting rights don't give you "absolute control".
441.
by boh 6y ago
This comment is in reference to the voting rights attached to common shares. This would have likely not been covered in your history classes.
442.
by boh 6y ago
AirBnB is a website/app/platform, Compass is a real estate broker. AirBnB can leverage the low-cost economics of software, Compass is a real estate broker (and a pretty conventional one at that). Compass is not a middleman, they a
443.
by boh 6y ago
There's no case to be made that "super control" inherently leads to unethical behavior. It may, however, negatively impact the stock price, since less investors will likely want to invest in a company with limited controls on
444.
by boh 6y ago
Its a little silly how easily a company can categorize itself as a technology company. Many of the IPOs from the past two years suggests having a website and/or having an app doesn't just make you into a tech company (WeWork is a
445.
U.S. to Impose Sweeping Rule Aimed at China Technology Threats(wsj.com)
2 points by boh 6y ago|0 comments
446.
by boh 6y ago
The fun thing about being in charge is that everything is your fault. Blaming the intern, the person least able to defend themselves, is ridiculous. If an intern can destroy your business, you're doing it wrong.
447.
US removes stumbling block to global deal on digital tax(ft.com)
5 points by boh 6y ago|1 comments
448.
by boh 6y ago
You are. You are conceptualizing currency as debt, as if currencies represented finite deposits of gold which implies the value of the currency. Even with the gold standard, governments still decide the value of the currency.
449.
by boh 6y ago
You're confusing macro-economics with micro-economics. There is "no recoverable asset" with currencies and currencies aren't debts that demand payments.
450.
by boh 6y ago
You already have to be an accredited investor to buy 90% of the tradable assets available.

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