floor2

7 ms·

31.
by floor2 2y ago
Except, that's how a bank works. The money in your checking account or savings account isn't sitting in a vault, it's being loaned out to other customers of the bank immediately. But when you put money in an FDIC-insured bank
32.
by floor2 2y ago
Well for starters, outside of the US financial regulatory system. They were operating a shadow bank and unregulated securities exchange in the Bahamas and Hong Kong. The media and regulators were willing to take a sympathetic view to all of
33.
by floor2 2y ago
In the future those kids are also going to have the ability to buy alcohol, tobacco, junk food, weapons, motorcycles, fireworks, etc. It's looking more and more like we should be putting phones into a similar category. Children should
34.
by floor2 2y ago
Calling it a "moral panic" feels almost offensively wrong to me. McDonald's is very legitimately a serious problem in America today. Obesity and related conditions- Type 2 diabetes, high blood pressure, etc are at mind boggli
35.
by floor2 2y ago
This thread is fascinating for highlighting that what seems normal to one person seems rare to another. I'm not sure I know a single "daily drinker". Even the people who had reputations as being heavy drinkers I don't th
36.
by floor2 2y ago
I can easily afford a new vehicle, but I have no desire to buy any of the new models full of touch-screens, data collectors and other digital junk that I don't want. I'm holding out hoping some manufacturer will rebel against the
37.
by floor2 2y ago
Literally 100% of published papers in psychology, sociology and related fields will have "editorializing" equal or greater to the line you quoted. This one likely only stood out to you because it went against your beliefs while ot
38.
by floor2 2y ago
Unions made Detroit a world-leading city and made the American auto industry a leader in productivity and profitability. Teacher unions have made the American public education system the envy of the world. Airline unions have made flying sa
39.
by floor2 2y ago
> I know the logic behind it (so you know how much tax you’re paying) I always understood it to be the opposite- so that the varying price for the same thing by location was hidden from consumers. A nationwide chain can advertise that a
40.
by floor2 2y ago
Humans are hierarchical social creatures who crave respect, prestige, admiration, etc. Inflating job titles is an easy way to increase the value of the job to the worker by giving them more social capital. People will stretch titles as much
41.
by floor2 2y ago
Take the chat logs from any organization, no matter how perfectly rule-abiding, pure and saintly and a prosecutor or adversarial lawyer will be able to find snippets of text that can be taken out of context to make them look bad. Chats, ema
42.
by floor2 2y ago
You're on a forum with literally millions of visitors from all over the world, but with comments on any given article from maybe 100 people. There could be tens of thousands of "rail against smart tv" users and tens of thousa
43.
by floor2 2y ago
> Most importantly, he let people trade shady shitcoins but never stole customer funds This undersells his crimes and overstates SBFs. The head of compliance for Binance sent a freakin text message to a peer saying "We’re operating
44.
by floor2 2y ago
Maybe this is an upside to the looming AI-taking-jobs issue. I bet a ton of these bureaucratic approve/deny/request-more-information workflows in current EMR systems will be replaced by AI in a few years, putting the people out of
45.
by floor2 2y ago
> Voters need to wake up and recognize that they need to pay for solutions I'm a middle-class nobody from a poor background, I own a single-story 3-bedroom, 2 bathroom house. I pay $18,000 a year in property taxes on my house. I pay
46.
by floor2 2y ago
Says who, or why not? This seems like an obvious case of governmental corruption if the answer is "some law that 99.999% of people are harmed by, but makes a handful of hollywood billionaires richer". If the current laws are bad (
47.
by floor2 2y ago
Eh, the "tech people" who've been laid off range everything from graphic designers to project managers to marketing, sales, HR etc, almost none of whom have any skill overlap with the engineers, mathematicians and scientists
48.
by floor2 2y ago
Medical school debt seems like the least compelling example given how much doctors get paid. https://www.salary.com/research/salary/alternate/radiologist... The median radiologist is making $459k. The bottom
49.
by floor2 2y ago
The job market for people with a bachelors in Biology or Chemistry is pretty lousy. Lots of people end up doing repetitive lab work for low pay. Going to graduate school is essentially required to get a "good" job in the field.
50.
by floor2 2y ago
Reminder- there is no such thing as "cancelling student debt". The money was borrowed and spent, we're just moving the debt from the people who took it out and benefited from it, to other unrelated taxpayers who get stuck wit
51.
by floor2 2y ago
Except the actual human being who resembles the deepfake image isn't actually involved at all. People are acting like a "deepfake of a person" is something different than a drawing, painting, song, poem or any other artistic
52.
by floor2 2y ago
I'm pretty sure this was just trolling, but, I'm 100% ok with nurses buying "half million dollar homes". That's just what a house costs in most places a nurse would live. MDs may be overpaid and there are a lot of p
53.
by floor2 2y ago
Please don't hate "these people" or any general group of people. For starters, many of the counties that "vote for the Republicans" are like 60-40 or 70-30 splits, so somewhere between a third and a half of the peop
54.
by floor2 2y ago
Maybe you'd have more luck if you tried to address the specific problems with copyright law, rather than attack the massively larger, mostly unrelated and somewhat abstract and nebulous concept of "capitalism". You could just
55.
by floor2 2y ago
I suspect that depends on where you're looking. The overall trend line of more carbon emissions -> more heat -> less snow makes sense, but the complexities of terrain can create local conditions that can counterintuitively have a
56.
by floor2 2y ago
Seems like an obvious case of "shades of grey" vs a binary thing. Most people don't blatantly lie and claim they were the CEO of Apple. But does a random mid-level engineer at Apple slightly exaggerate their role on a team du
57.
by floor2 3y ago
But this misses the fact that a huge, huge percent of the cost is going to luxuries and things that have no benefit to 99% of students. The dorms, gyms, cafeterias and student centers built in the last decade are luxurious spaces compared t
58.
by floor2 3y ago
No that's not the better question. If private universities are truly spending so irresponsibly and profligately that their sticker price isn't covering their expenses, then their entire administration should be thrown out and repl
59.
by floor2 3y ago
I was psychologically harmed reading this comment. Please do not post on HN again. To continue to do so is to do violence against me.
60.
by floor2 3y ago
Maybe don't send your money to an unregulated startup in the Bahamas to gamble on cryptocurrencies if losing that money is going to cause you to commit suicide? The "victims" knew they were intentionally avoiding government o

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