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eru
searching PlanetScale…
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61.
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by
eru
20d ago
Condos are for the middle class. Landed property is the status symbol (but, alas, it doesn't start with a C.) Btw, the cab obviously need to bid for CoE as well.
62.
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eru
20d ago
> You save so much on income tax in Singapore, but consumption is expensive. It depends on what you are consuming. Sins like driving, alcohol, smoking and gambling are expensive. But the daily essentials aren't all that expensive,
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by
eru
20d ago
> People also choose to get a car loan, again increasing the cost. Sorry, could you please explain how car loans increase the cost? > Of course, the COE is in addition to depreciation and maintenance, and those are both also expensive
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by
eru
20d ago
One part: the people running the taxis and Grab also need to bid for slots. And if you have kids, being able to leave stuff in your car is pretty useful, so you might want to bid. Though I guess the main reason is: Singapore is rich, so tha
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by
eru
21d ago
My local coffee shop only takes long government currency. My bank already allows me to keep my bank account money in stocks and sells units whenever I spend. (We have no capital gains tax here, so this is less insane than it sounds.)
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eru
21d ago
> It's going to make asking for random numbers more than 8 bits long challenging though. 'Yield' to other players' threads or processes after each byte you draw.
67.
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by
eru
21d ago
Yes, they could change that, too. However I expect that adding more decimal places will actually happen, but adding extra bitcoins won't.
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by
eru
21d ago
Slightly more abstract: my argument is that assets with a very skewed probability distribution of future value will have a positive current value, even if in the vast majority of cases, they'll be worthless in the future. Lottery ticke
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by
eru
21d ago
It doesn't have to be useful as money to be useful as a donation. You just have to be able to sell it for money.
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eru
21d ago
> You can spend gold even when you're transacting with the last person on earth. Not really. Try using gold in retail.
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eru
21d ago
> Ah yes lets ignore the tons of co2 which has direct impact of primarily poor people around the whole globe and the energy stealing which also is happening through bitcoin [...] That's true for bitcoin, but not for cryptocurrencies
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by
eru
21d ago
Ethereum, for all its other faults, has shown that burning lots of electricity is not necessary for cryptocurrencies.
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by
eru
21d ago
I would buy your argument, if bitcoin were the only cryptocurrency. For most of the people you mention, a fiduciary cryptocurrency like these 'stable coins' is the better product. (If you don't trust the value of the USD, and
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by
eru
21d ago
To play Devil's advocate: Let's assume bitcoin has a tiny but positive probability of running the world economy in, say, 50 years. Ie bitcoin is a lottery ticket. The fair value for a lottery ticket is some positive number. In 9
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by
eru
21d ago
What do you mean by forced liquidity event?
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by
eru
21d ago
Moderate deflation is fine, it's good even. But only as long as nominal GDP stays stable. See the so called 'Long Depression' in the 19th century. Which was only a depression of the price level, everything else did well. Fo
77.
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by
eru
21d ago
No, no. The issuer of your money is really, really happy when you don't use the money. Because that means they can issue more money, without causing inflation to spike.
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by
eru
21d ago
During much of the industrial revolution, gold also rose in real price. But people still did business in gold standard countries. (Hint: the gold might be under a mattress or in a vault, but you can still an almost arbitrary amount of gold
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by
eru
21d ago
Well, they are infinitely divisible in principle, so it doesn't matter too much. (At the moment, there's a smallest fraction you can send on the network, but they can change that.)
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by
eru
21d ago
I'm not quite sure: you could probably use plain C functions, and a reasonably smart compiler could see through it all and inline and duplicate and merge the code as necessary. EDIT: I just had an AI agent run the experiment. At least
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by
eru
21d ago
You could get something similar from CPP macros. But the compiler wouldn't be able to help you as much.
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by
eru
21d ago
> (It's then filtered through the list, so the list needs to have good pseudorandomness properties anyway, but still.) Not sure? Suppose your list only had two number 0 and 1, and you build your random numbers one bit at a time. Or
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by
eru
21d ago
Hahaha. My only connection to the Lee family is that in 2023 my daughter had the opportunity to shoot Lee Hsien Loong, but didn't pull the trigger. [0] > In fact, because it's a K-shaped economy, the bosses and businesspeople I
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by
eru
21d ago
Sorry, I don't follow. Could you please explain? Suppose someone releases a new open weight model tomorrow. Other people try it and write their reviews. I'll check if anyone mentions any enshittification. If not, I'll go
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eru
22d ago
Once an open weights model is published, you can keep using that model (with exactly the same sha256 hash). It's hard to be sneaky.
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by
eru
22d ago
Anyone who wants to collaborate? We can talk here, and otherwise my email is in my profile.
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by
eru
22d ago
Yes, and for the LLM you can do it in multiple passes. So you can bolt the fact-check / source-check pass onto whatever other system you have, without having to redesign the underlying system.
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by
eru
22d ago
It's not a binary thing. You can get closer or further away from that standard. And humans also behave differently in different contexts. A conversation at the pub has more such hallucinations than a formal deposit in court. For the
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by
eru
22d ago
Taking Pratchett at his word, the obvious solution would be to rent good boots to poor people. The bootlord would make good money, and the poor would get access to better boots for cheaper. The troll mafia can threaten to to break some kn
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by
eru
22d ago
That seems like a weird standard. I would be happy enough with: only produces what it can verify with sources. If you eg try to remember a court case (ie produce the reference via LLM token generation only), it's easy enough to check w
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