boh

38 ms·

451.
by boh 6y ago
Otherwise known as credit, which has been the prevailing valuation since the Stone Age.
452.
by boh 6y ago
We're going to need some more detail on that argument.
453.
by boh 6y ago
A bank/exchange with far fewer regulations than a bank/exchange.
454.
by boh 6y ago
In its basic form, creativity is an act of creation. Whether or not these creations are at the Picasso/Mozart/Proust level of high art, creativity is technically operating in this network. Measuring creativity in the way where mor
455.
by boh 6y ago
It does work, that's the problem. Because even though it's working, few people are actually using it for anything other than speculative trades (and its been working for ~11 years).
456.
by boh 6y ago
Exactly. Nevermind this article because Bitcoin and a blockchain from JP Morgan have nothing in common (also JP's enthusiasm for blockchains have been steadily waning and their earlier attempts are already dead on the vine). People hav
457.
by boh 6y ago
I mean it "works", but so do steam powered cars. The problem is most people don't actually use it, just trade it. The space used to mostly involve people who actually wanted to decentralize currencies, now it's almost ex
458.
by boh 6y ago
The banking system doesn't work like a tech company. They're highly dependent on a credit eco-system. If the debt they sell is backed by highly volatile collateral, their own debts will become unsustainably expensive with the addi
459.
by boh 6y ago
Just because something works doesn't make it a success (see Betamax, laser disc, steam powered cars etc.).
460.
by boh 6y ago
There's very little doubt that investments in wind and solar are beneficial. It may not get to the point that it takes the place of everything else but it is definitely a good ancillary source. As in the solar panels on your house migh
461.
by boh 6y ago
> store of wealth It's funny how people keep saying this as if it's true. 99% of the market isn't buying crypto to "store value". This along with the idea that somehow it's a great currency bcs "no gov&
462.
by boh 6y ago
Vs what time in the past 100 years? Free market is just an economic model (keyword "model") that illustrate potential market dynamics. It's never been reproduced in the real world (regardless of whatever argument has been mad
463.
Bill Gates:My Green Manifesto(ft.com)
4 points by boh 6y ago|0 comments
464.
by boh 6y ago
Well at least they tried.
465.
by boh 6y ago
Foucault, Satre, Derrida, Barthes literally went on record supporting sexual relations with children (see link below). The idea that something can be so valuable (like art) that it's worth the ethical costs elicited by their purveyors
466.
by boh 6y ago
Haven't used it for seven years. Unless you're professionally dependent on social media, it's exclusively a net negative experience. Your attention is limited, your attention is your life experience, don't just give it t
467.
China targets rare earth export curbs to hobble US defence industry(ft.com)
5 points by boh 6y ago|2 comments
468.
by boh 6y ago
I think the sensors on everything idea is losing its sheen. I don't need my shirt tracking my behavior along with everything else.
469.
Gary Gensler's (Biden's Pick for SEC Chairman) MIT Class on Blockchain/Crypto(youtube.com)
4 points by boh 6y ago|0 comments
470.
Narrative Economics [pdf](nber.org)
3 points by boh 6y ago|0 comments
471.
by boh 6y ago
I don't know what indicator you can point to that suggests a decline of authority. The internet may give you a sense authority is being "questioned" (a fairly passive form of resistance) but that's been happening since t
472.
by boh 6y ago
His quote, like the whole article, is just feigned insight. I guess if stocks go down 6 months or five years from now he can say: "see I told you so".
473.
by boh 6y ago
Bubbles suggest "irrational exuberance" but in this instance, equity values are actually operating off of a legitimate logic. Bond yields are low so investors are putting more of their money into equities. Equity centered index fu
474.
by boh 6y ago
If crypto didn't trade for the amount that it currently does, no one would even attempt to justify what is an obviously irrelevant data structure (for 99.99% of cases).
475.
by boh 6y ago
Still not sure what distinguishes "no code" from pretty much every other software. Isn't Excel or Blogger "no code" tools? Why are these newish GUI based applications in this "new" category?
476.
by boh 6y ago
Any market is subject to risk which is most likely asymmetrical between market participants. "Wall Street" isn't some homogenous mass that's collectively conspiring as a unit. The most consistent victims of "Wall St
477.
by boh 6y ago
So no actual arguments then (just more pumper nonsense around prices). If you have no interest in economics, why attempt to pretend you do (see your Pablo reference as an example of why you might've not paid attention in Econ 101). Why
478.
by boh 6y ago
Hopefully anyone reading this will take a minute to look up GDP. The comment above, in a nutshell, is what's enveloping the current crypto environment. Maybe one day we'll get past it (or maybe this is just it).
479.
by boh 6y ago
Science makes it nonsense. Interacting with people (even someone by the name of Anne Osborne) doesn't count as science.
480.
by boh 6y ago
Worked for Steve Jobs, he ate carrots to cure his cancer and look at him now!

More ›