ivalm

41 ms·

391.
by ivalm 5y ago
Except Jeff’s voting power is tied to Mackinzie’s holding of $AMZN as he retained voting rights (until she sells). The transaction itself is small relative to overall volume.
392.
by ivalm 5y ago
That may be true but wasn’t the point discussed. Grandop suggested other billionaire fortunes are “tied down” while Mackinzie’s was liquid. This is false.
393.
by ivalm 5y ago
Mackenzie’s money is as tied or not to operational realities as Jeff’s, as their fortunes are in the form of Amazon stock. Both of them are capable of saying “I am selling X shares to give to philanthropy” except only one of them does it.
394.
by ivalm 5y ago
> When faced correcting a false reality you have created, it can be quite hard to decide to phase change into telling the truth. The lies that come out come from not being prepared and not being a very good liar. For people who lie like
395.
by ivalm 5y ago
Eh, founders of coin base and lambda school both posted, people legit post around midnight, even founders of $xb startups.
396.
by ivalm 5y ago
But maybe the real answer is to just have trusted authorities? So much of civilization is possible because of trust, I don’t think we should throw that away.
397.
by ivalm 5y ago
Oxidation of aluminum does produce heat and light (the reaction is exothermic). It’s just a very small and fast fire.
398.
by ivalm 5y ago
That’s still not really true. Your healthcare is approximately free when employed and you pay ~1k/mo when unemployed. But your saving rate is much much larger so that expense isn’t actually high. I think the bigger issue is housing pri
399.
by ivalm 5y ago
Almost all employers will pay your health insurance. Also, the salary often 3-7x greater than EU. Who cares even if you have $1k more expense while making $10k more a month.
400.
by ivalm 5y ago
> but that would destroy the network and destroy his value that he sunk into the network Isn’t the whole point that by that time he would have withdrawn from the network so he would sink it without losing anything himself.
401.
by ivalm 5y ago
Except it is the other way around, currency becomes worth less because people are willing to exchange more of it for the same item (eg ikea table). Demand -> inflation.
402.
by ivalm 5y ago
Buybacks are examples of return of money to investors without dividend. In fact, this is a more tax-efficient way to return money. But return to investors is not even the important thing, it is that normal businesses should get outside mone
403.
by ivalm 5y ago
At the very least you are screwing the owners of the mortgage who will have to write off lots of loans as Bobs everywhere walk away from the underwater mortgages (which is oftentimes the right thing to do even if one didn’t intend to use th
404.
by ivalm 5y ago
> But if we're printing a bunch of new money and giving it to everyone equally, that Bob doesn't get any more than the original one Except your policy is inflationary and Bob with 10x homes is highly in debt with likely fixed i
405.
by ivalm 5y ago
Implied volatility on buying a house is lower than on renting, we are discussing policy changes that cause realized volatility to be different. If you use the government to change the market then you cant claim “free market.”
406.
by ivalm 5y ago
Except his mortgage is still under water and the banking system will fail (also rational Bob should just walk away from the house to lower his debt through bankruptcy and house repurchase). This is kind of similar to what happened in 2008,
407.
by ivalm 5y ago
It participates, but you’re still short the house, so essentially it’s a bear on house price. In this analogy rent is borrowing fees.
408.
by ivalm 5y ago
Ok, but Zimbabwean dollar is not a Ponzi scheme either… the claim is about Ponzi scheme, not other things.
409.
by ivalm 5y ago
> Most are done internally You mean with one centralized authority you have to trust?
410.
by ivalm 5y ago
Stablecoin is not a commodity, it is literally a token pegged to the value of a given fiat (such as dollar) or a basket of several fist currencies.
411.
by ivalm 5y ago
At least in the US, residential ISPs are not a real market, many places just have one option.
412.
by ivalm 5y ago
> Maybe it's because inflation is actually bad for the moderately affluent who made a disproportionate share of their income early in life and want to live off that nest egg while no longer working (which I assume to be overrepresen
413.
by ivalm 5y ago
But also children don’t have position of great power while cognitive decline with age is real and affects nearly everyone.
414.
by ivalm 5y ago
Typical panel size is ~1200 patients. So to get $300k/year that’s $20.8/person/month.
415.
by ivalm 5y ago
Traditionally, theft occurs with a sharp object at your neck. I don't think bitcoin protects against that. Not to mention that more mundane theft/government seizure/etc has already happened.
416.
by ivalm 5y ago
I know you mean it sarcastically, but I am guessing this could solve the problem… the throughput of the ports would increase and the demand shock ameliorated.
417.
by ivalm 5y ago
Even most aggressive estimates don’t put significant heating in the next 20 years. Some extreme climate events will continue getting more extreme, but lots of places are just not affected.
418.
by ivalm 5y ago
Would you be ok with history rewriting in feature branch prior to merge? Seems like potentially best of both worlds.
419.
by ivalm 5y ago
> hire people that actually care One thing to note is that hiring skilled IT workers is often outside budget capabilities. It’s not that they want to hire someone incompetent, they simply can’t afford to hire someone competent.
420.
by ivalm 5y ago
I’ve now worked at two companies in remote setting. First had cameras mostly off and my current (remote first) has cameras on. I vastly prefer cameras on as putting a face to a person makes interaction feel much more personal and connection

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