dnprock

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181.
by dnprock 7y ago
The most interesting and mind blowing insight: "When most physicists said that the laws of physics are immutable, he said they evolve according to a kind of cosmic Darwinism."
182.
by dnprock 7y ago
The QE technique is interesting and new. They write up the money on Fed book as liability without pumping printed money into the economy. I think it's recently possible because our money is mostly digital now. You can look at US nation
183.
by dnprock 7y ago
It makes sense if you don't have the power to print USD. In this context, it makes sense for China. Gold backed systems have existed for thousands of years until 1970s. I wouldn't count it out after a few decades.
184.
by dnprock 7y ago
The problem with QE is you will have QEn. Everyone will do QE on their economies. We don't have any accountability. During the 2008 crisis, we were told this is the right thing to do. And we keep doing it. We're not at the stage w
185.
by dnprock 7y ago
Gold backed currency doesn't have to be 1-1 with gold. You can use fractional reserve to issue more currencies. Or you issue bond to borrow. Given you keep your promise to pay debt and allow people to redeem currency using gold. People
186.
by dnprock 7y ago
China is in a delicate position. They're fighting trade war from weaker position. Their diversification to gold makes sense. They probably know that they don't have the power to "sink" the dollar. If they need the dollar
187.
by dnprock 7y ago
I don't see the connection. An example of yin-yang for me in this field is centralization vs. decentralization. We've been through a few cycles already. 1. mainframes (centralization) 2. PC (decentralization) 3. internet and cloud
188.
by dnprock 7y ago
I think public school system provides a good return for dollars spent. It has the scale that is difficult to match with other schooling methods. This is my experience from shuffling between private preschools. I think other schooling method
189.
by dnprock 7y ago
"With great power comes great responsibility." I heard that in Spiderman. It still resonates with me. I think it applies to any level of power. Whenever we are responsible for something, we have some power over it. I'm respon
190.
by dnprock 7y ago
In Vietnam, they say you're blessed if your child is more capable than you. Everyone says it but it takes a long time to sink in. My dad told me that. I used to think it's kinda silly. Why have low expectation? Now I understand ho
191.
by dnprock 7y ago
Reading this article, I realize that I'm old now. I still remember wrestling with cvs, svn. Merge, branch were slow and even more challenging. It was much easier to mess up and so difficult to rewind. When I first learned git, I though
192.
by dnprock 7y ago
Bitcoin is a strange animal. It exhibits many traits of a Black Swan (an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight.) The switch to believe in i
193.
by dnprock 7y ago
This article is fun to read. Incidentally, my daughter just took a test for a gifted program. She didn't study for it as recommended by our school district. She scored 95% in one subject. But the qualified cut-off rate is 98%! My eyes
194.
The Illusion of Trust(medium.com)
1 points by dnprock 7y ago|0 comments
195.
by dnprock 8y ago
Faking volume is an issue with exchanges, not Bitcoin. Exchanges are in the business of trading. They have incentives to transact Bitcoin. Bull market produces more volume. Bear market has less volume. I take this as most Bitcoin people now
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by dnprock 8y ago
As far as I understand, MMT wants to optimize for full employment. Job guarantee is a possible implementation. We're at 4% unemployment rate. You can say we have full employment per the current standard.
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by dnprock 8y ago
We've already started MMT since 2008. The scary thing: it's been working well.
198.
by dnprock 8y ago
I grew up eating foods with MSG. I'm usually aware of it. It's one of cooks' favorite abused ingredients. Eating a lot of MSG is bad, just like eating a lot of anything, sugar, salt.
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by dnprock 8y ago
I teach my children boxing. Get a pair of gloves and pads from Amazon. I think it has many benefits: improving confidence, controlling anger. It does take patience. Not every kid is physically made to fight. Also, parents need to learn abou
200.
by dnprock 8y ago
I call GC.start() manually in various places. It seems to tame memory usage.
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by dnprock 8y ago
It's weird to see someone publishing info about how he's concealing. I'm hiding, here's how I did it. Perhaps, he sees an opportunity in concealing identity business.
202.
by dnprock 8y ago
I find that in Western cultures, people suffer from over-thinking (maybe over-banging). They get out of balance at some point. I recommend checking out Yin Yang philosophy. https://en.wikipedia.org/wiki/Yin_and_yang It
203.
by dnprock 8y ago
I mentioned economics gets dogmatic. Occasionally, we even have economists who attempt to re-define science. Here's a quote from the article: "Andrew Lo, an MIT economist, said that while physics has three laws that explain 99% of
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by dnprock 8y ago
The surprising thing about economics for me: it is not a science. What you learn is a perspective. But people sell their version hard. It gets dogmatic.
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by dnprock 8y ago
I often hear people say mathematics is the language of science. Since learning about cryptocurrency, I came to realize that more precisely, mathematics is the language to describe energy transformation. So a number can be seen as a metaphys
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by dnprock 8y ago
I buy live dungeness crabs from Asian markets. They are hard to kill. They fight back. Eventually, I figure out ways to kill them faster. Longer suffering is more traumatic. When I was a kid, I saw my dad killed chickens. He was skilled eno
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Meditation in the Air(medium.com)
1 points by dnprock 8y ago|0 comments
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by dnprock 8y ago
I think the reason is simple. It has to do with money. If a medical worker doesn't come in and perform their job, he/she is not entitled to be paid. When you step into a hospital, there's a process in place to make money out
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Reasonable Bitcoin Price: $6k (Feb 2018)(medium.com)
4 points by dnprock 8y ago|0 comments
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by dnprock 8y ago
The Syrian government got Russian weapons, air support. They even have chemical weapons. One side or many sides. You can be sure that the other sides are not fighting with their bare hands.

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