cryptica

21 ms·

151.
by cryptica 4y ago
I'm so glad to see this article on the HN front page. It's spot on and it's what makes coding such a difficult career and why it feels so non-meritocratic. It's happened to me a couple of times that I had to work under t
152.
by cryptica 4y ago
This has been my experience since I started my career. Some things seem feasible, easy even, but behind the scenes, there are social dynamics which make your skills/talent completely redundant. You can do amazing things, 10x better, 10
153.
by cryptica 4y ago
I find it difficult to take these social science studies seriously these days. It's often impossible to separate cause, effect and correlation. People with poor cognition are more likely to socially isolate themselves (due to rejection
154.
by cryptica 4y ago
IMO, so long as you're not doing anything illegal, using hate speech, or being a complete troll, it shouldn't be too much of a problem. I don't think I will mind too much if my full internet identity becomes public someday bu
155.
by cryptica 4y ago
I used to think that global government would be a good idea but I now realize that this was incredibly naive. Now that I understand human nature better and how the worst aspects of human nature tend to concentrate around the centers of powe
156.
by cryptica 4y ago
So basically authorities were peddling lies, then after getting caught red-handed, they doubled-down on the lies and tried to gaslight the public and label doubters as conspiracy theorists. How can the government rebuild trust after such be
157.
by cryptica 4y ago
Same here. I like to think that it's because I have good taste and know how to find value for money. But I guess this may be why those products ultimately fail commercially; they're providing too much value for their low price; th
158.
by cryptica 4y ago
This resonates strongly with me. It seems to be a kind of vicious cycle. By over-idealizing successful individuals and completely discarding the unsuccessful ones, society is going to keep offering more opportunities to those successful ind
159.
by cryptica 4y ago
It used to be difficult when we started dating but now not so much. She keeps getting better over time. She just can't control her emotions when things get heated. I'm basically the opposite; it's easy for me to detach from m
160.
by cryptica 4y ago
I think the real problem with success has nothing to do with psychological issues. It's that it often shields you from having to confront your blind spots, neglectful attitudes and delusions. Not having to face reality seems more like
161.
by cryptica 4y ago
How can you say that when you don't know me? Maybe I'm ugly, poor and with a terrible personality.
162.
by cryptica 4y ago
Good looks and strong character. Also, we are comfortable to tell each other everything. Also, it helps that she has a very unusual taste in men and I happen to meet her requirements.
163.
by cryptica 4y ago
Reading stuff like this makes me really glad that I married my first girlfriend. We've been married for over 10 years now. She was really out of my league. I did compromise on many things including age gap (she is older), past baggage
164.
by cryptica 4y ago
This is a huge problem nowadays. I think pretty much everyone has been in such situation... This makes me cynical about WTF must be going on at the top to require so many people to 'not want to know.' We have a hierarchy made up o
165.
by cryptica 4y ago
My community launched a cryptocurrency backed by real estate income and we did token buybacks and burn using the income; we did this using our own DEX so our token serves as an alternative to a share (since obviously we cannot list shares o
166.
by cryptica 4y ago
Unfortunately, all the promising use cases are suppressed and kept from the public. It feels as though people are not allowed to invest in them. On the other hand, obvious scams and Ponzis get a lot of attention and funding. IMO, establishe
167.
by cryptica 4y ago
A couple of years ago, my stance was that the growth of mega-corporations would lead to economic inefficiencies which were 'as bad' as a centrally planned communist economy. But now my belief is that it will be worse because at le
168.
by cryptica 4y ago
It is going to work. I can feel it in my gut. I just need to keep myself and a few of generations of my offspring working on it for 150 years or so. Easy peasy.
169.
by cryptica 4y ago
Cryptocurrency became popular as a result of the increasingly obvious dysfunction of the fiat monetary system. Unfortunately, this dysfunctional monetary system which crypto was meant to replace has managed to take control of crypto and has
170.
by cryptica 4y ago
What happened is that all the bad clans which produced no economic value have corrupted governments and are now using it to extract value from the good, value-creating citizens. Most of the bad people are already rich. Good, value-creating
171.
by cryptica 4y ago
As someone who has a dependent spouse and child, I disagree. You can't cancel the laws of nature. Everyone must participate in the free market on equal terms. When the system makes it artificially easier for one set of people, it artif
172.
by cryptica 4y ago
I've been predicting the rise of 'good clans' and 'good mafias' for some time. IMO, as governments become more corrupt, good people will be forced to join clans which adhere to their principles for survival. Power w
173.
by cryptica 4y ago
Thanks for this interesting read. It fully resonates with me. It does feel like the economy of many developed countries has been hollowed out. Our economies are built on rent-extraction, dividends, royalties and interest. It feels like we p
174.
by cryptica 4y ago
Cash, precious metals, value businesses, real estate.
175.
by cryptica 4y ago
This is a tough market. It will be difficult to find opportunities but if you do find an opportunity, it's more likely to be a good one. The downside of a tech boom is that there is too much easy money floating around some companies an
176.
by cryptica 4y ago
How is that a good thing? You can earn good money in 6 months. One time I took a 2-week web development job to stand in for someone who left for a holiday while a project was overdue. It was an interesting experience. I wish the economy was
177.
by cryptica 4y ago
Global economic problems were not caused by COVID19; it was just a convenient opportunity deflect blame away from more fundamental issues. One of the main real problems is that a decade of near 0% interest rates had led to money printing on
178.
by cryptica 4y ago
Agreed. This is obvious both empirically and analytically. As BTC price goes up, the network starts to yield larger mining profits in total (in fiat terms) and this creates an incentive for people to launch new miners to absorb the surplus
179.
by cryptica 4y ago
This is true, but it also applies to the tech sector as a whole. The engineers of big tech companies tend to look down on all other engineers on the basis that they happen to work for financially successful companies which have market monop
180.
by cryptica 4y ago
I'm glad that it's crashing in spite of a large chunk of my portfolio being in crypto. The degree of complacency in the space had gotten absurd and completely detached from any economic or even technological reality. Current top p

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