eniotna

4 ms·

1.
by eniotna 3y ago
Any amount of money, as long as it is sufficiently divisible, is capable of facilitating trade within an economy. The idea that somehow money has to increase over time is one of the most non-sensical idea. "Thus inflation becomes the m
2.
by eniotna 3y ago
It doesn't, proof of work is what makes Bitcoin unique. (1) Having to spend physical resources better aligns incentives (2) Proof of work is decentralized and fair It's a worthwhile tradeoff.
3.
by eniotna 3y ago
Keyword here is "forcefully", when you use an exchange, you willingly do so.
4.
by eniotna 3y ago
What you're paying for is essentially to signal to employer that you've been able to make it into a very select club which is in turn acting as a proxy for intelligence/conscientiousness. As long as the seats are be limited,
5.
by eniotna 3y ago
We don't really know. Computers have been deflationary since their inception (you can get a better computer for the same money if you wait a year) but people will always value the present more then the future, that's why we'v
6.
by eniotna 3y ago
Devaluing money doesn't create wealth, increased in productivity does. Devaluing money in many instances lowers productivity because people have to invest time into protecting the value of their labor instead of making more stuff they
7.
by eniotna 3y ago
Rome wasn't built in one day, as the total market cap grows, price fluctuation will become irrelevant.
8.
by eniotna 4y ago
Money is never truly yours if you are not the issuer. That's why we need more "hard" money (gold, bitcoin).
9.
by eniotna 4y ago
Value is entirely subjective, a starving man in the desert will value water over gold.
10.
by eniotna 4y ago
Asset and income denominated in some currency which is also an imaginary concept that we decided to all agree on was worth something. Not much different if you ask me
11.
by eniotna 4y ago
Working with people who care about their craft is definitely much more enjoyable. "What should we work for? Only this: proper understanding; unselfish action; truthful speech. A resolve to accept whatever happens as necessary." —
12.
by eniotna 5y ago
It seems inevitable at this point that part of the solution is investing in carbon capture technology in the future to offset the damages we're causing today, the question is; are the damages reversible? Asking individuals to consume l
13.
by eniotna 5y ago
> Change the maximum amount you can sell a house to be equal to cost of materials plus 30 days of labor for 5 people. That's a terrible idea, who will construct anything if there is no money to be made? You don't fix those kind
14.
by eniotna 6y ago
In most real world problems, you don't really care about keeping a data structure sorted at all time. All you want, is to have it sorted when you're about to do X. So it's generally faster to just have a contiguous chunk, ins
15.
by eniotna 9y ago
I believe it's the opposite, taxes for companies are lower in Quebec than in the US (did not factor in R&D credit, etc). Individual taxes are higher in Quebec.
16.
by eniotna 10y ago
I have to disagree with you, not everything is about money or commerce. Laws are put in place to protect people, so that everyone feels like they are part of the society they build. Honestly, it's about respect for the local people. I
17.
by eniotna 10y ago
Why is the language policy in Quebec bad? From my understanding, it was created to protected their right to be served in their native language. Not everyone has the luxury to learn and speak English fluently.
18.
by eniotna 11y ago
By buying Softimage, Microsoft wanted to develop a high end product, to demonstrate to the world that its OS was powerful enough to compete with high end, software specific machines, at a lower cost. In that regards, I believe they succeede