fny

52 ms·

691.
by fny 4y ago
1. The same argument could have been made about flight itself or even GPS. 2. In general, the tech transfer tends to work the other way: military develops and uses the tech first then come the civilian applications. Speaking of 2, Boeing ha
692.
by fny 4y ago
It's a patently stupid strategy over the long run though. Abandonment of ones own currency is suicide regardless of whether it's USD or Bitcoin. And clearly, Bitcoin did not help El Salvador improve it's financing situation:
693.
by fny 4y ago
Neoliberalism is entirely unrelated to neoconservatism. The "liberal" part refers entirely to free-market economics. The two philosophies are similar only in name. It is possible to be both a neoliberal and a neoconservative. For
694.
by fny 4y ago
It's something that has been part of the US since the beginning, but the more people are left behind economically, the more they are swayed by these narratives. See red pilling, incel types as an example. Fascism does not appear in a v
695.
by fny 4y ago
Neoliberalism is an economic philosophy. It's not tied to "progressivism" or "conservatism". In short, it promotes free-market economics without borders.
696.
by fny 4y ago
I'd be a little more accurate and say extreme neoliberalism has exacerbated the failings of the USA.
697.
by fny 4y ago
From what I can tell, burnout in the medical field is primarily a symptom of too much work given to too few people. I'm not sure how it can resolve without an increase in the medical labor force.
698.
by fny 4y ago
This should have been obvious.
699.
by fny 4y ago
Can someone explain why Newton's Law of Cooling isn't a sufficient explanation? The temperature delta is clearly larger with hot water, do one would expect it to cool faster, no?
700.
by fny 4y ago
There are definitely as many ways to do things in Python if not more... I've worked extensively in both languages. Frankly, the Python ecosystem is a lot more complex to navigate (dependency management is a nightmare) and much less fri
701.
by fny 4y ago
MMT also predicted this. It says you're supposed to stop spending when resource constraints are reached otherwise you will see inflation. It's actually a much better description of how money actually flows The problem was that eve
702.
by fny 4y ago
Honestly, no.
703.
by fny 4y ago
You're still getting ripped off. Don't buy CDs from ally. You can buy treasury bonds directly from the US government for north of 3%. See treasurydirect.gov.
704.
by fny 4y ago
But there's going to be a new Ponzi, there always is. It's just a matter of finding what the grifters latch onto next.
705.
by fny 4y ago
Forget the coin. Goldman gets an entire suite of crypto products at cheap prices.
706.
by fny 4y ago
I have been to enough beer runs to question OP.
707.
by fny 4y ago
I suspect that your distaste for junk food specifically has a psychological component as well. The molecules discussed here are formed immediately post exercise. From what I gather, they are responsible for a short term antihunger effect
708.
by fny 4y ago
Sure it can, I decrease entropy locally and reallocate it somewhere else. Space is huge and it will take a long time to approach the limit.
709.
by fny 4y ago
Does anyone else remember the Java <applet /> days? It seems like we've come full circle after twenty years.
710.
Bank of England proposal to rescue collapsing stablecoin issuers(decrypt.co)
8 points by fny 4y ago|4 comments
711.
by fny 4y ago
Once all of this unwinds, tech pay is going to get really ugly.
712.
by fny 4y ago
I actually have had a wire rejected due to fear of fraud before.
713.
by fny 4y ago
Modern finance is much better at handling fraud. Insurance exists, and recourse also exists since anonymity is not a requirement. Decentralized finance has thus far been demonstrably worse than everything in modern finance. It's illiqu
714.
by fny 4y ago
Thiel actively manipulates these same channels for his benefit. If you think he wasn't selling into the bitcoin pump all of last year that he helped provoke, you're incredibly naive. Much in the same way Musk pumped his own stock
715.
by fny 4y ago
If Saylor is forced to liquidate, it could create a lot of pain. Hopefully his cashflows remain stable enough. Of course, we'll see what happens when the next recession hits.
716.
by fny 4y ago
You know, this is actually raises a good point. If the marginal cost of producing Bitcoin exceeds the sale price, Bitcoin is toast and one of the proof of stake coins will win out.
717.
by fny 4y ago
I'm a huge bear, but thinking its going to zero is crazy. Even beanie babies retain some value. And crypto still has utility as a transaction medium for illicit exchanges.
718.
by fny 4y ago
I can. From the lows, it makes a lot of sense. It does not make sense near all time highs.
719.
by fny 4y ago
Zero is stupid.
720.
by fny 4y ago
Lol, its going a lot lower. Probably sub $10K.

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