ilammy

19 ms·

151.
by ilammy 5y ago
> But when people has to pay the real costs of credit cards then basically nobody wants one. I believe there is an opportunity cost for not using a credit card in US: you don't build your credit history. This might leave you disad
152.
by ilammy 5y ago
You should consider wearing a gopro in public and stream at all times when you go out, that would surely provide you with an alibi /s
153.
by ilammy 5y ago
In a way, yes. If windows didn't break, that hurts profits of window-making companies, and makes them all go out of business, leaving people without jobs, etc. Once everyone has a Forever Window there will be no one to sell new windows
154.
by ilammy 5y ago
> use money in a moral way to extract value over time, by taking appropriate risk in a manner that is not exploitative I've been reading on islamic banking recently, and I have to say that it appears one can arrive at a consistent
155.
by ilammy 5y ago
> at no time will it produce "dividends" in fiat currency, or physical objects like cell phones Why it has to be physical? One could use cryptocurrencies to pay for virtual things on virtual internet, which are nevertheless t
156.
by ilammy 5y ago
Bitcoin miners per se do not control Bitcoin network. They are the backbone, but the nodes ultimately decide whether they include a mined block or not. Validating blocks is way cheaper than mining them. Expensive mining process only ensur
157.
by ilammy 5y ago
I'd say the whole premise behind voting and democracy is not so much the people voting for something they “want”, but rather not voting for something they “object”. The voting process makes sure that the government doesn't go
158.
by ilammy 5y ago
Ukraine has had its own Internet company called META ( https://meta.ua/ ) since 1998, which is a funny wordplay as the name is also read as “goal” in Ukrainian. Eagerly awaiting some drama over the domain name.
159.
by ilammy 5y ago
> If we had drastically different systems and experiences, we could try and marry the best aspects from each. Wouldn't this result in exactly the global culture? A compromise by taking the “best” aspects from everyone minimizing e
160.
by ilammy 5y ago
Considering slightly broader aspect of why the work is done in the first place – to bring profits to the company – people should also factor in the creative part of work, and nonlinearity of individual contributions to that case. It'
161.
by ilammy 5y ago
> you can get your salary streamed to you constantly as opposed to a monthly payment - how cool is that?! Enjoy prepping your tax returns :3
162.
by ilammy 5y ago
You don't use all your assets as a collateral – you loan out, say, 1%, for the needs you have. If the creditor demands a repayment for some reason – and if you're still solvent, it's not like your IOU can't be treated
163.
by ilammy 5y ago
It’s an analogy, exposing the flaw in the previous statement: > Intrinsic value is the calculated value of Bitcoin which remains $0. You ascribe no intrinsic value to Bitcoin arbitrarily, because from your viewpoint there is no useful
164.
by ilammy 5y ago
For each individual country in isolation – relatively easy, yes. What’s hard is universal consensus. If organization X is considered shady by country A, but totally legit in country B, then Visa operating in both countries A and B cannot al
165.
by ilammy 5y ago
Intrinsic value is a subjective matter of philosophy. Pickled cucumbers cannot be used to manufacture bitcoin miners, yet one can surely argue that they have “value” and a certain “price” (= “market value“) which is expected to be a proxy f
166.
by ilammy 5y ago
People have trouble coming to an agreement with their neighbors — and here you are asking for all countries of the world to decide how they are going to legislate multinational entities like Visa in simple, straightforward, and mutually fai
167.
by ilammy 5y ago
As if any other currency is different. Try to take your cash and pay with it outside your country, people will look just as funny at you. Might be a bit different with currencies like USD, but in many countries it's actually illegal to
168.
by ilammy 5y ago
The value is in that the bank has more capital than you. Consider the case of islamic banking, for example. You could think that lending money without charging interest is completely bonkers and it’s impossible to make a business that way.
169.
by ilammy 5y ago
> the tooling isn't yet able to differentiate between dependencies which are packaged and deployed with your application vs dependencies which are only used in the build process You can run npm audit --production to audit
170.
by ilammy 5y ago
Not everyone registered is posting on every topic. Not everyone having an opinion is posting in the topic they read. Making unsubstantiated claims is easier than laying down concrete arguments. You quickly run out of pearls to throw before
171.
by ilammy 5y ago
Also, the people most likely to discuss colors are artists and such. The thing with blue is that for a very long time pure blue pigments like aquamarine were extremely rare and expensive, quite likely non-existent at all in the times of bas
172.
by ilammy 5y ago
> then claim interest paid on taxes How about removing expense deductions (all of them) from tax code? Or making deductions count only against the same source? What negative effects can that have?
173.
by ilammy 5y ago
> if you eat more than you burn, you will gain weight The converse isn't necessarily true: if you eat less than you burn, you might not lose weight but instead your body adjusts how much you burn. Calories are amount of energy...
174.
by ilammy 5y ago
“Beware of bugs in the above code; I have only proved it correct, not tried it.” — D.E.K.
175.
by ilammy 5y ago
That might be true, but there is a difference in causing the deaths of passengers somewhere behind the closed doors by crashing the plane — and dealing with flesh and bone co-pilot right here and now.
176.
by ilammy 5y ago
> if it's a choice and not a necessity You described the problem yourself: given enough people making a particular choice, it becomes necessity for others. See two-income trap, for example. So basically, it's okay for you as
177.
by ilammy 5y ago
> it seems to me it’s a lot of work to keep everything up to date Unless you do dozens of transactions every day, it's not much of a hassle to keep track of them manually. If you're like a day trader or a small business owner
178.
by ilammy 5y ago
How did that conclusion, from “no books” only? The point is not literacy per se or something. It's more about how much you use a language in your daily life. If it's only limited to talking to just your parents on occasional bas
179.
by ilammy 5y ago
Every once in a while I open this commit [1] and read it, just to remind myself to try and avoid making stupid decisions within my power, hopefully preventing my APIs from becoming a standardized mess that C locales are. [1]: https:&#x2F
180.
by ilammy 5y ago
The key here is considering housing a consumable with 20-year lifespan tops, as opposed to multigenerational investment vessel.

More ›