hectorr1

8 ms·

31.
by hectorr1 9y ago
But developer incompetence and poor product design can be a 'dark' strategy as well, just a passive one instead of an active one. Good UX doesn't matter because users are not customers to health insurers, they are just cost c
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by hectorr1 9y ago
Airbnb and Uber going into hotels and public transportation respectively are examples of successful companies diversifying their income. The point is that their core innovation has provided the capital and human resources to tackle higher l
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The Future of Navy Combat Systems(blog.usni.org)
1 points by hectorr1 9y ago|0 comments
34.
by hectorr1 9y ago
I think killing Gaddafi was a disaster, period. In addition, it sent the message to other would-be cooperators in authoritarian regimes that we are a very fickle ally, and we'll do what we want when we want. Unless you have nukes, of c
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by hectorr1 9y ago
>Doing very few things very well (alternatively, creating a small number of high-quality things) is a better ideal, to my mind. I think you need both. Focused minds can construct incredible things in their discipline. Open minds can appl
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by hectorr1 9y ago
There needs to be some way of determining the relative size and scale of these projects. Market cap is useful, but it needs to be normalized given the various different distribution models. So something like fully diluted market cap, or mar
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by hectorr1 9y ago
This idea that young people should be more circumspect ignores basic tenants of the time-value of money, and how life and responsibility work. When you are young you have the most amount of time to make up for losses and mistakes. You are a
38.
by hectorr1 9y ago
Regulatory capture is bad, and happens both ways. Rs get support from groups that don't want taxes. Ds get support from groups that want taxes to be spent on them. Turns the budget into a negative sum game. The future loses.
39.
by hectorr1 9y ago
I want a word for the type of anti-scale problem you see in identity. Most people who don't work for Equifax can agree that ideally everybody should own their own identity, control it, and be able to monetize it if and when they chose
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by hectorr1 9y ago
The need to hire a 'consultant' is extremely depressing. That is what doctors (primary care managers in particular) are supposed to do. But their pay is terrible compared to specialists, especially when you consider medical school
41.
by hectorr1 9y ago
The Navy's version of the 53 has a crash rate 3x higher than other helicopters. Maintenance debt killed two of my classmates. https://pilotonline.com/news/military/local/distress-signal-...
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by hectorr1 9y ago
Bubble concerns worth listening to on crypto usually talk about the price getting to far ahead of the tech, network congestion, tx volume, scaling solutions, hard and soft forks, governance challenges, and regulatory uncertainty. Bubble con
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by hectorr1 9y ago
The practice of charging for subscriptions to information that benefits the public good seems silly. Publishing fees make sense, researchers would work the costs into their grant proposals and taxpayers would ultimately bear the cost there
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by hectorr1 9y ago
> I can't believe people have already forgotten what CDO has done to this economy. Collateralized Debt Obligations - every word in the acronym screams credit. A CDO is an instrument that guarantees you a cash flow based on debt. A g
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by hectorr1 9y ago
In addition to the tasty beverage, $4.00 at Starbucks buys you a nice caffeine buzz, a warm place to sit, a relatively reliable restroom experience, and guilt-free wifi for the foreseeable future. The people who don't take advantage of
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by hectorr1 9y ago
I like this idea. I am skeptical that it will work. Necessary in this idea is an inflation curve to continue to provide the basic income and discourage hoarding. It is also necessary to scale the user base to make the idea meaningful. This
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by hectorr1 9y ago
One nice thing for retail investors in open markets (as opposed to strategic investors like VCs in private markets) is that there is no pressure to pick only one winner.
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by hectorr1 9y ago
The pace of technological development in the past 20 years has been driven by scaling processing, storage, bandwidth, and networks. The intellectual, legal, cultural, and social infrastructure to make that happen already existed for the mos
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by hectorr1 9y ago
Accounting practices, professionalism, standardization, etc have obviously evolved tremendously since then, the same way any technology does as adoption increases. Math wasn't fixed between the invention of numbers and the concept of z
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by hectorr1 9y ago
This is called the wrench problem - a motivated individual with a wrench can steal all your wealth. It's something to take seriously. The good news is that it doesn't scale.
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by hectorr1 9y ago
The question that I keep coming back to is what are the implications of investing/speculating in a technology well before its implications are understood? Adam Ludwin, the CEO of Chain, talks about how when the dot-com bubble happened,
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by hectorr1 9y ago
I have a ton of respect for Coinbase. It seems like their implied priorities are: 1) Security 1a) Compliance ... 57) Customer Service While annoying, this was both sufficient and necessary for the business to date. Sec
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by hectorr1 9y ago
I assume that this is how all news that isn't either an AP wire or investigative deep dive works. The payment is just often in other forms (continued access, future employment, influence, coveted invitations...) Difference is that star
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by hectorr1 9y ago
Can someone clarify whether 'Full Access' allows logging of keystrokes on the standard keyboard by these developers? Or doe they just get to see which Rick and Morty gifs I search for when I switch to their board?
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by hectorr1 9y ago
I like this article. I hate cherry picked statistics. For instance, average GDP per worker is much higher in Norway than the U.S. This proves that large numbers over large numbers may in fact be smaller than small numbers over small numbers
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by hectorr1 9y ago
For those interested in a little light reading on the subject of Securities Law and Crypto Assets: https://coincenter.org/entry/framework-for-securities-regula... https://coincenter.org/entry/a-sec
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by hectorr1 9y ago
The SEC has global reach, and most regulatory authorities follow their lead. If you touch Americans in any way, shape, or form, they will find a way to get you.
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by hectorr1 9y ago
I'm sure that most of securities law will apply, but there might be new opportunities provided by the tech that need to be worked out - for instance funding protocol development. The innovation also might also shift political attention
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by hectorr1 9y ago
This is true for anyone who has substantial wealth in a single asset class, and also relatively meaningless. You can't get liquidity without impacting the price, especially if your reputation is closely tied to the asset. When you are
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by hectorr1 9y ago
Good. The first step to establishing a regulatory framework is defining boundaries of acceptable behavior by shutting down egregious violations.

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