grog454

28 ms·

271.
by grog454 5y ago
> The other weird thing that we don't understand, and this is likely connected with logic is probability. We don't know why it works. Can you elaborate on this or provide further reading?
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by grog454 5y ago
Not sure how well this ever works in practice, but I just realized you could work remotely for drastically different time zones if your employers were spread across multiple countries.
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by grog454 5y ago
> If I notice stocks have gone down a lot recently, I'll hop into Vanguard, and swap anything that is underwater with another similar, but not identical fund. How much effort do you have to put in to avoiding wash sales?
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by grog454 5y ago
This seems to be true of most people period. If there is a lump of people where a majority do understand crypto I haven't found it, possibly outside of tiny academic circles.
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by grog454 5y ago
I don't think it matters how they're obtained. What is the value/meaning of a loyalty point if it can't be substituted with a dollar point? Either they only come in to play when you have an offer for exactly the same d
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by grog454 5y ago
>You just earned loyalty points which are hard to come by. Employers probably love when you give them "loyalty points" because they can be substituted for their more tangible "dollar points".
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by grog454 5y ago
>I wouldn't hint either, but because at best it puts you in an incredibly vulnerable position. First, it indicates that you're willing to look for a new job, which decreases opportunities at your job. Maybe that means being pas
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by grog454 5y ago
> I declined because I don't negotiate like that. If you mismanage a negotiation, there is no do-overs just because you overplayed your hand. The trust is broken. Not that it would be likely to happen, but you could also have double
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by grog454 5y ago
> why does that not also apply to the physical interface to the systems that allow a more "pure" form of ownership? Maybe it does. My argument is that the best we can possibly do wrt "ownership" is this mathematical i
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by grog454 5y ago
>But retirement might be pretty painful if so. There are many careers that don't require or even suggest retirement. I've heard of professors dying mid semester. That's how I'd like to go - in the midst of doing what
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by grog454 5y ago
>Eating buttered potatoes for the rest of my life isn’t a win to me Speak for yourself!
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by grog454 5y ago
>if I learned that I would die in a month, I wouldn't be sad that I hadn't managed to burn all my money. I'd probably feel that way too. But I have to ask - how much thought have you really given it? I vaguely remember rea
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by grog454 5y ago
France is an example of a western country with < 50% prevalence according to that site. I think you might still be biasing your estimates (the 95%) due to your own experience. Amazon.com, for example, accepts checking accounts and retail
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by grog454 5y ago
> you may even find hermits that don't have a card... but, in any practical sense, everybody does, and that's how they do their online purchases. It never stops. :( A person's tiny subset of experience is rarely indicativ
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by grog454 5y ago
I see. The reason I started listing problems that I think crypto solves is because it seemed like many people were either not aware of or not acknowledging the existence of them. This was leading to lots of misinformed discussion. I'll
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by grog454 5y ago
Being compelled to do something legally (do this or go to jail) and having it spontaneously happen to you without your consent or knowledge (a government entity gains access to your checking account and you lose access to it) is still a dis
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by grog454 5y ago
I agree that it is a "Venmo problem", but more broadly it is a "human controlled/authority financial system problem". I do think something analogous could happen with Coinbase, particularly because your interactions
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by grog454 5y ago
Maybe it depends on the topic. In the 3 years I've been reading HN I've observed a pretty steady increase in similarity to tech focused subreddits. Sometimes things are effectively "cross posted" on either site. There&#x
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by grog454 5y ago
>To which the direct counterpart is: what happens on a blockchain if you get scammed and want your money back? Do you really want the authorities to do what the blockchain says, or do you want your money back? I think you're misunde
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by grog454 5y ago
I suppose it could work a little bit like freezing your credit report. There is a school of thought that a credit report should be frozen by default (to deter identity theft) and only unfrozen for certain major events. So with crypto, you c
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by grog454 5y ago
Fixed my quote. At this point I'm having a conversation with myself, so mistakes are bound to become more likely. I'll probably revisit this in a few days (or just take my thoughts elsewhere) but for now I'm out!
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by grog454 5y ago
Thinking this through is exactly what I want the conversation to be about. I'll help you out: [2006] "Counterfeiting of the currency of the United States is widely attempted. According to the United States Department of Treasury,
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by grog454 5y ago
Because that cost is, at least theoretically, offset by additional benefits. I'm not arguing in favor of reduced authority. People seem to conflate decentralization with anarchy. I'd like to be able to not even have to think about
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by grog454 5y ago
Thank you. All I was looking to do was convince someone that crypto does indeed provide a theoretical benefit, so that the conversation could evolve from "crypto SUCKS, and it doesn't do ANYTHING GOOD, and its a SCAM (read: I lost
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by grog454 5y ago
> and I don't believe you have provided adequate arguments to defend your position. We'll have to agree to disagree then. Maybe a more relatable and simpler problem would help, this one exclusively with cryptocurrency (no NFTs)
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by grog454 5y ago
Finally an interesting problem. Off the top of my head I'd guess you'd issue a new token to executor of the estate and establish that token as representative of the underlying asset rather than the original token.
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by grog454 5y ago
What exactly isn't clear? How cryptography works / benefits people? How applying cryptography to ledgers and ownership databases works? Or how it's all going to be enforced? By the way I'm not pro crypto in that I'm
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by grog454 5y ago
> What makes it a blockchain problem is removing the safeguards. If you are saying the blockchain is an immutable record controlled by individual private keys, you are saying that any mistake is permanent. If you allow corrections, you d
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by grog454 5y ago
And private information will probably one day no longer exist. Imagine some kind of device that can scan the neurons in your brain along with the electrical/chemical state and somehow extract information from that (such as a memorized
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by grog454 5y ago
> Only if the authorities ceded their power to the blockchain, in which case this situation is unlikely to arise. Great! Let's do it. It might take a few thousand years but this doesn't represent a problem with blockchain techn

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