gitfan86

76 ms·

931.
by gitfan86 5y ago
Employers are dropping quality standards for employees so fast that entire businesses have to shut down, because their employees leave and no one will work at a wage that makes the business profitable
932.
by gitfan86 5y ago
I'm not saying you should buy one. I'm saying I have one and it is by far the best deal of any car I have ever bought. I could sell it right now for 5k more than I paid for it.
933.
by gitfan86 5y ago
A properly run company like GM or Ford? Tesla is a unique company and offers a unique products. It is totally reasonable if you don't want to buy one, but for many of us, it is the best deal and the best car we have ever owned.
934.
by gitfan86 5y ago
No. When google launched it was really good. It solved slow web searches immediately. Did it get better over time? Yes. But it didn't launch and claim that "in the future google will return results for billions of searches within
935.
by gitfan86 5y ago
This is my biggest problem with crypto. It is all about how in the future all these problems will be solved. I've been hearing about how it is the future 'of micro payments', or 'the future gold', or 'the futur
936.
by gitfan86 5y ago
"Life is a piece of shit, when you look at it" that is from Monty Python and it isn't wrong, and it isn't toxic positivity.
937.
by gitfan86 5y ago
OK, Now I understand. And I can relate. I only buy products from Multi Level Marketing companies. The sales people at MLMs are more friendly in comparison to just using a website like Amazon.com. Maybe that isn't useful to you, but to
938.
by gitfan86 5y ago
Take code collaboration ( https://radicle.xyz/ ) Code Collaboration and team programming is a real use case that people can get value of. I've been using git for 10 years to collaborate with other developers. Google docs
939.
by gitfan86 5y ago
If you want to pay to be the only person in the Facebook VR world to own a Yacht, you need a legal contract that gives you ownership of that. If you don't have a contract you cannot sue him for selling Yachts to other people inside of
940.
by gitfan86 5y ago
Lets say I buy the NFT the penthouse apartment in Zucker-verse. What is to stop Zuck from selling 100 copies of my penthouse on other planets in his second life clone?
941.
by gitfan86 5y ago
The trick here with Web3/DeFi is that there is so much indirection and abstraction. What do these people do? They are involved in DeFi projects. What do those projects do? They provide an infrastructure for DeFi. But what does that in
942.
by gitfan86 5y ago
Sounds like we are on the same page. You could build a trading platform on top of a NoSQL database instead of a distributed database. If people used that platform and found value in it, it would be valid. I don't know if you read the a
943.
by gitfan86 5y ago
I certainly appreciate that he makes concessions and thoughtfully explains his side. But my point is pretty simple, as I said in the beginning crypto isn't a world changing technology. It has marginal use cases like being cheaper for s
944.
by gitfan86 5y ago
Yes, avoiding banks for international wire transfer and avoiding a banks for storing money are use cases that some people use crypto for. But these are not world changing to my original point, you could have done that with physical moving m
945.
by gitfan86 5y ago
Using crypto though. No one is trading real estate on DeFi. they are trading crypto. Obviously some people are converting the crypto back into cash and buying real estate with their gains, but those gains come from the losses of other peopl
946.
by gitfan86 5y ago
So the reason crypto is valuable is that it allows people to take part in complex crypto transactions.
947.
by gitfan86 5y ago
Are you saying that it impossible to loan someone money in the real world without a bank being involved?
948.
by gitfan86 5y ago
It is almost like 99% of the 'pro crypto' people don't understand that a distributed database is interesting, but not world changing technology.
949.
by gitfan86 5y ago
The housing market may or may not take a turn. But this Zillow story is about incompetency. It smells of some non tech person pitching an AI solution. No need to inspect these homes and neighborhoods, the AI will figure it out.
950.
by gitfan86 5y ago
It depends on the person. There are a lot of people in the world who make $18/hour. This would cover their expenses. On the other hand someone like Bill Gates or Jeffrey Bezos have much higher expenses to you.
951.
by gitfan86 5y ago
Maybe on paper it costs 10k to do cosmetic fixes on a house that will now sell for 80k more. But there is no guarantee that workers will be available and interested in doing that small budget work. More importantly to your point the local r
952.
by gitfan86 5y ago
In general you can leave your money in the stock market and take out 4% a year and expect that to continue forever. Obviously there is no guarantee on that but it has held true for 60+ years. If your expenses are 40k/year you only nee
953.
by gitfan86 5y ago
The scenarios where that can happen: 1. Bad budgeting or lack of diversification. "95% of my money was in Enron" 2. Confirmation Bias. "I build a successful company once, I can do it again, but this time with my own money&quo
954.
by gitfan86 5y ago
In a google interview I explained CAP theorem using the speed of light. The interviewer didn't understand. He clearly wanted me to regurgitate the official definition.
955.
by gitfan86 5y ago
No one ever entered into any agreement where they were expected to buy stocks at reasonable prices. It is like when Kim Kardashian gets paid 50M for a 30 second add on Instagram. I may think that is unreasonable, but I don't have any c
956.
by gitfan86 5y ago
So the way to fix this is to do what banks and stock exchanges do. Operate under a regulatory framework that has defined legal precedence to avoid someone take advantage of an unintended loophole. But at that point you are defeating the who
957.
by gitfan86 5y ago
This is actually the first time I have ever thought that facebook's future doesn't look great in comparison to other big tech.
958.
by gitfan86 5y ago
You are right. Pride comes before a fall, and Zuck thinks he is better than Cook, Musk, Bezos, by building the multiverse he will restore his place as the greatest technologist of our time
959.
by gitfan86 5y ago
At least at that place everyone is in on the scam. Facebook execs have to smile and say good idea to Mark, when all they want to do is tell him that is stupid
960.
by gitfan86 5y ago
Why on earth would anyone be "long USD". The fed has had a policy of 1%+ inflation for decades. It is designed to go down in value over time.

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