dcolkitt

90 ms·

871.
by dcolkitt 6y ago
It's incredible to me that most of the surplus wealth generated by all of humanity's innovation in the 21st century has basically accumulated to property owners in the Bay Area and Seattle. This is only a slight exaggeration.
872.
by dcolkitt 6y ago
As a tangent, I wonder if Bitcoin mining could re-ignite the nuclear power industry. Nuclear power plants involve a high upfront capital cost, then produce a long-life of fixed electricity output at near-zero marginal cost. My understanding
873.
by dcolkitt 6y ago
The academic evidence is overwhelmingly against this hypothesis[1]. Short sellers make money by identifying companies that are unhealthy, overvalued, or even outright fraudulent. Almost all the time these conditions precede the short sellin
874.
by dcolkitt 6y ago
> Economics is not a science because nobody ever does controlled experiments. So, is astronomy not a science?
875.
by dcolkitt 6y ago
One of the biggest downside is that the startup time for python is significantly slower than the shell. With just one script this isn't really noticeable, but if you're composing a lot of small scripts together, python becomes not
876.
by dcolkitt 6y ago
And I agree that Zucc's been an incredible CEO. But for every Facebook, there's about 50 companies that were run into the ground and pilfered by management on the way down because of inadequate corporate governance.
877.
by dcolkitt 6y ago
You're not taking into account the higher block rewards in the current environment. The base reward is 2 ETH per block, but the the gas fees have been averaging near 3 ETH per block. Most of the mining calculators don't take this
878.
by dcolkitt 6y ago
I don't think this is an accurate characterization. The US still has massive manufacturing output, that's still growing, and recently reached a record high.[1] The US still imports a lot of manufactured goods, but that's a co
879.
by dcolkitt 6y ago
Disagree. But much better for domestic consumers to get the best prices and highest quality. I don't care if a Chinese or American magnate becomes a billionaire. I care that millions of middle-class Americans get the best deal possible
880.
by dcolkitt 6y ago
> compete with other remote workers. A lot of people seem to operate under the assumption that there's a huge pool of talented engineers outside the tech major metros, eager to work for cheap salaries. I just don't see it all.
881.
by dcolkitt 6y ago
> That is absolutely no indicator for safety. Currently, several billion in value is locked into Defi-based liquidity pools with USDT. If USDT collapses tomorrow, the stakers will lose nearly all of their principal. (Fast traders will qu
882.
by dcolkitt 6y ago
> There's no way to transfer USDT into USD. The few exchanges that say they offer withdraws actually don't if you go and try. There is an easy way. Swap USDT to USDC on Curve. Deposit USDC on Coinbase. Convert USDC to USD on C
883.
by dcolkitt 6y ago
Thanks, didn't know that. Will have to look into it.
884.
by dcolkitt 6y ago
Well, my point is that in C++ objects can be allocated on the stack.
885.
by dcolkitt 6y ago
I'm not saying it's impossible for JVM to compete at the level. But you definitely don't get O(5 uSec) performance out of the box. The author is trying to argue that language considerations are irrelevant, because network lat
886.
by dcolkitt 6y ago
> any excess latency that Java introduces into your software is likely to be much smaller than existing latency sinks, such as network communication delays, in (at least) In a co-located datacenter with high performance network equipment
887.
by dcolkitt 6y ago
Haha. Fair enough. Thanks for being a good sport. Your perspective could very well prove right, and mine wrong. Who's to say. Sometimes this time really is different. And us old guys will be the last to realize it.
888.
by dcolkitt 6y ago
^This comment right here. This is what it was like to live through 1999.
889.
by dcolkitt 6y ago
Although labor market recomposition plays a role. There's a major shortage of semi-skilled blue collar labor, leading to some of the strongest wage increases of any sectors in 2020. This includes construction[1], manufacturing[2], and
890.
by dcolkitt 6y ago
US wages have reached an all-time high, powered by strong growth during the Covid recession[1]. With higher compensation it makes sense that more people would trade off leisure to work additional hours at attractive pay. Including getting a
891.
by dcolkitt 6y ago
I would say the time the NYT literally covered up the crimes of Stalin, might have been one point where its ideological bias led it off track. https://en.wikipedia.org/wiki/Walter_Duranty
892.
by dcolkitt 6y ago
We can just as easily say that from an African perspective there are no right wing publications or politicians. After all in most of Africa homosexuality is still criminalized. In many places, witchcraft and apostasy still is. And Africa ha
893.
by dcolkitt 6y ago
I’m 100% certain that the median NYT employee is to the left of the median American for any reasonable construction of the left-right spectrum.
894.
by dcolkitt 6y ago
> It's not useful for money transmission, It's extremely useful for money transmission, and a way to bypass KYC/AML entirely. For example, Iran can export heroin to Europe and get paid in Tether. It can then use that Tethe
895.
by dcolkitt 6y ago
IMO I think philosophy has had a lot of major historic victories that prove the worth of the field. These often get overlooked, though. When a philosophy problem becomes well understood it tends to move into its own specialized field. For e
896.
by dcolkitt 6y ago
Just because a group focuses on a topic does not mean that they possess any genuine expertise. Nobody rational would claim that we should listen to astrologers about fortune telling. A more prosaic example is that virtually zero mutual fund
897.
by dcolkitt 6y ago
> If the Moderna one had been released in March 2020 and injected in millions of people and then they all got sick anyway, it would have been a disaster. Why would that be a disaster? If a bunch of people get injected with a placebo, it&
898.
by dcolkitt 6y ago
Exactly. The author says: > You can’t lose your Bitcoins – you just keep them on chain, and no exchange going bust will affect your position. You absolutely can lose your Bitcoins if your private keys are compromised. Large institutions
899.
by dcolkitt 6y ago
Completely agree. Being a tattle-tale is just plain fun. Which is why young children pick it up so easily. It's not inherent to any ideology, but any ideology can adopt it to score easy points. It's great for getting re-tweets. Wh
900.
by dcolkitt 6y ago
Frankly, I think it's even simpler than that. It's a tattle-tale culture. Did someone post wrongthink in your comments? " I'm telling! " Do you have a different opinion about some outrage du jour? " I'm te

More ›