gitfan86

68 ms·

901.
by gitfan86 5y ago
I found that I make the most money investing, mainly via Tesla over the past 8 years. I only have about 1% of the engineering skills and work ethic of Elon, but that has been enough to understand what he is doing and ignore all the people o
902.
by gitfan86 5y ago
I did computer engineering in school 20 years ago, and have always enjoyed understanding technology. So I know what is happening from the gate in the cpu all the way up to the pixel in the monitor. The downside is that I'm spread prett
903.
by gitfan86 5y ago
I have been in a similar boat. I was spending a bunch of time avoiding extra API calls and extra renders in React and the team I was working with didn't seem to understand that there were potential performance issues around that. They
904.
by gitfan86 5y ago
I would love to know how the IRS handles this. You report 2M of income from selling your art. Does the IRS ask for details? Or do they try and find out how the person who bought your art got the money? Or they just don't care as long a
905.
by gitfan86 5y ago
Actually the opposite thing happens in the stock market. The shareholders vote on the board of directors and the board of directors pay the CEO mostly based on the stock price going up. One way they do that is buying back shares. Another wa
906.
by gitfan86 5y ago
They never will. There is no liquidity. How many crypto people have cashed out all of their money? The scam is to build up this community of people who are convinced that the USD is going to be worthless in the future and that crypto is goi
907.
by gitfan86 5y ago
At least you are communicating and being honest. It is super shitty when people act nice to the elderly in hopes of being in the will, only to send them to a cheap nursing home to save money.
908.
by gitfan86 5y ago
In general it takes years of education and years of real world experience to understand that almost 100% of code is going to have a bug or unintended functionality at some point. The alternative is to learn this lesson the hard way, like th
909.
by gitfan86 5y ago
Exactly, and share holders vote for the leadership of public companies. Web3 isn't a new paradigm of governance.
910.
by gitfan86 5y ago
That is just a PR stunt, just like the Bitcoin city that "is going to be built"
911.
by gitfan86 5y ago
You cannot fight human nature. If you offered everyone the choice between a $1 lottery ticket or helping them go through a tutorial for building their own self hosting websites, 90%+ would choose the lottery ticket.
912.
by gitfan86 5y ago
Wikipedia was mentioned in the article and it provides a great example of a product that was built in a decentralized way. Ironically, the author doesn't appreciate that Wikipedia's success had nothing to do with Web3 or crypto. T
913.
by gitfan86 5y ago
high salaries and booming stock market are the result of an increased standard of living due to technological advances. If you looked at the standard of living of a middle class person in 1975 it would be worse than someone making $15/
914.
by gitfan86 5y ago
We don't know for sure, because a lot of people with and without symptoms got tested regularly.
915.
by gitfan86 5y ago
I've done this for most of my career. Put in between 5-35 hours a week depending on what came up and still achieved "top performer". I also like the time and freedom. I think it would be hard to do this at a FAANG.
916.
by gitfan86 5y ago
Yes, 20 years ago there was an enormous demand for being able to watch any show you wanted at any time, in any place.
917.
by gitfan86 5y ago
Why will it be everywhere? Were there a lot of people wanting to have their own reward points but didn't move forward because of the time/cost to implement?
918.
by gitfan86 5y ago
I understand now. You are saying that in the past to create your own currency you needed as much money as a grocery store or airline to create "reward points", or "airline miles". Now it costs less and is easier to creat
919.
by gitfan86 5y ago
I'm not saying it is stupid. If someone wants to create and use crypto coins, go ahead, that is great. I'm saying that if you want to create a way to track what each person in a family owes each other you have been able to do that
920.
by gitfan86 5y ago
You are describing bartering and credit. For centuries people have exchanged goods without a government currency being involved. They also would extend credit of those "democratized financial instruments". "I will give you wo
921.
by gitfan86 5y ago
The bullshit part is assuming that minimal use cases today will turn into extraordinary change in the future, because the internet took a similar path. On the one hand it is true that we cannot fully predict exactly what new use cases of cr
922.
by gitfan86 5y ago
You "might" upload your private key as well.
923.
by gitfan86 5y ago
That is why I said "long password". Once it takes over 1000 years to brute force a password, you should have much bigger problems to worry about. On average someone will click on a link in a spam e-mail, or fall for another phishi
924.
by gitfan86 5y ago
SSH keys are just long passwords.
925.
by gitfan86 5y ago
You are actually proving my point. Incompetent doctors are incentivized to come to Texas because there is a low cap on malpractice. That makes healthcare worse. Also, the extra tests that are being run just to cover someone's liability
926.
by gitfan86 5y ago
Another big inefficiency is the margin of error allowed due to malpractice lawsuits. If a patient is at a 1 in a 10,000 risk for a problem, the Doctor will order a test to rule that problem out. Because if the Doctor doesn't order the
927.
by gitfan86 5y ago
Yes, it is also kind of silly to spend a lot of money on a skin in a game. But the difference is that video game companies are not claiming that their skins are revolutionizing the world.
928.
by gitfan86 5y ago
With so many 'technical traders' out there on youtube, you could easily know what the rubes are looking for before they buy and then make that happen.
929.
by gitfan86 5y ago
Similarly, you can give millions of dollars to a college and get a building or park named after you. You don't "own" it, you get social status out of it. NFTs are no different than having a email from the Beanie Baby store sa
930.
by gitfan86 5y ago
1. They will be added back for free. 2. No one is obligated to take delivery. They can refuse delivery until they get the car they want.

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