cwalv

8 ms·

31.
by cwalv 2y ago
> but if you look under the hood .. there is pretty much 0 money made from ALL of his businesses. There are many valid criticisms of Musk. Saying that he has not added any real value in his ventures, or that he doesn't really know h
32.
by cwalv 2y ago
> It scales linearly because the same ratio of services to people continues That would be scaling with population, not GDP. > The payors and providers share the same incentive to raise rates because they each collect a percentage of p
33.
by cwalv 2y ago
GDP increases are generally measured in real (i.e. inflation adjusted) terms, so a doubling of rent costs don't imply a larger GDP. If we're talking nominal GDP, then I'd agree we should expect gov expense to increase as well
34.
by cwalv 2y ago
Another factor is cost of debt. In a decreasing interest rate environment it's possible to run with increasing deficits without any major issues, but once you bounce off zero, even if thos deficits are not currently a problem, projecti
35.
by cwalv 2y ago
I think you're both right. The don't care (without a tax cut) until the most ridiculous line items are made public.
36.
by cwalv 2y ago
> While the DOGE team has surely cut some number of billions of dollars, its slapdash accounting adds to a pattern of recklessness by the group, which has recently gained access to sensitive government payment systems. Billions . I unde
37.
by cwalv 2y ago
> How do you square that with the fact that spending as a percentage of GDP is only slightly elevated compared to the historical average...? Why should it scale linearly with GDP? I can see an argument that it should scale linearly with
38.
by cwalv 2y ago
That was fast. Perhaps we should imagine this has nothing to do with Musk to avoid completely derailing the conversation
39.
by cwalv 2y ago
> Society changes, and stores of value need to exist outside that change I completely agree. I don't think this is different from saying the store of value needs to stay liquid tho. Bitcoin is currently very illiquid compared to man
40.
by cwalv 2y ago
Fair enough; store of value additionally requires restricted supply so that the value isn't debased. But in the context of this thread, that just strengthens the argument that 'Bitcoin is different'.
41.
by cwalv 2y ago
> or is physically impossible in aggregate ... then the contract won't be fulfilled at least for someone. > "There is more paper gold than physical gold" - regular Joe thinks there is a problem. Is it a bunch of regular
42.
by cwalv 2y ago
> You are equating legitimacy with liquidity, and the that isn't necessarily true. How so? Liquidity is a measurement of how easy it is to trade, and if it's easy to trade there are many people/entities that believe it&#x2
43.
by cwalv 2y ago
> largely always just agreed upon make believe The benefits of having a common/standard unit for an economic ledger are enormous, as it greatly reduces trading friction. That added benefit has real (i.e., not make believe) value, a
44.
by cwalv 2y ago
Dollars are the currency Bitcoin is most commonly compared against, and for people who have easy access to USD it can be very hard to see how btc has utility. But if you compare to other things (e.g. commodities with a monetary premium, or
45.
by cwalv 2y ago
Bitcoin really is different. It's a commodity rather than a security, and proof of work consensus is essential for its use case.
46.
by cwalv 2y ago
> but every time I price out a beefier box I feel like the ROI just isn’t there, especially for an industry that is moving so fast. Same, esp. if you factor in the cost of renting. Even if you run 24/7 it's hard to see it payin
47.
by cwalv 2y ago
Agreed. They wouldn't have to use so much that they suffered the negative affects to use enough to get past their borderline irrational hangups
48.
by cwalv 2y ago
Putting the affects of marijuana abuse in the same category as meth or heroin is dishonest and dangerous. It destroyed their credibility.
49.
by cwalv 2y ago
I agree that short term memory loss being a side effect of heavy use is common knowledge to anyone who is or knows a heavy user. But I think you shouldn't be so confident that smoking when young is a huge problem long term. I would hav
50.
by cwalv 2y ago
You write the 'add item' event regardless, and when building the 'cart' view you handle the limit.
51.
by cwalv 2y ago
I didn't fully understand the details when they were explaining it to be, but iirc something was disconnected around the corner, and they couldn't just reconnect it because it wasn't the right hardware. This played out over s
52.
by cwalv 2y ago
I wouldn't hold my breath. At my previous house, CenturyLink/quantum site said it was available. I called half a dozen times to get it installed, each time some contractor would show up and tell me it's not available. I was
53.
by cwalv 2y ago
Same here ($65 -> $75); I think it's an "equipment fee." I don't even use the router. My employer covers the cost so I haven't called to complain, but I suspect if you do you can return the router and lose the fe
54.
by cwalv 2y ago
That's how it is in Vegas presently: CenturyLink has fiber service but it's scattered around unpredictability, and in areas where it's not available it may never be. Hopefully Google fiber (un)availability doesn't overla
55.
by cwalv 2y ago
You think the major complicating factor of rolling out e2ee was that they used react?
56.
by cwalv 2y ago
How speedy is the rust-language tooling itself these days? I remember wishing for a 'optimize nothing' or even 'just interpret' mode. Compile times noticably contributing to the feedback loop are a serious killjoy.
57.
by cwalv 2y ago
> Which they can do anyway if they have root access to the CA. Until you turn it off. If they exfiltrate the keys, it's more complicated. This goes back to your comment: > Creates a two-tier PKI... on the same device. This comple
58.
by cwalv 2y ago
> Complete overkill requiring the use of a YubiKey for key storage and external RNG source - what problems does solve? For a Yubikey to act as a poor man's HSM you have to store the PIN in plaintext on the disk You still can't
59.
by cwalv 2y ago
> propose whatever alternative you have to the normie in middle america and watch their blank stares. We also overestimate how important the web in general is to many 'normies'. It was only a little over 10 yrs ago that I had t
60.
by cwalv 2y ago
Or .75x the capacity of lake tahoe

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