ivalm

41 ms·

511.
by ivalm 5y ago
But I literally don't want non-reversible transactions. I cannot think of a case where non-reversibility is desired. I understand you can build reversibility on top, but why? Better to just have an underlying fully-reversible platform
512.
by ivalm 5y ago
So if we all switch to crypto then the incentives to go to war would go away? How does that even supposed to work? We go to war for 1) land 2) resources 3) religion/various -isms. Crypto solves none of these (well, it potentially makes
513.
by ivalm 5y ago
Honestly this current state of affairs seems like a much better alternatives. I'll take any reversibility vs no reversibility. I only wish there was more reversibility. In terms of vulnerability to hacking (which you alluded to in your
514.
by ivalm 5y ago
That’s why OP proposed segmenting into several store brands (that would cater to different stratums).
515.
by ivalm 5y ago
I feel like you make a better argument against using cash rather than for using crypto. I don’t use cash anymore because I do want transaction reversibility and fraud/theft/loss protection. You say it isn’t “necessary” but in the
516.
by ivalm 5y ago
> Also flip low lying Florida housing to them if you can: easy money. I wonder if there is a reasonable way to short-sell real estate on multi-year timeline (ie beyond shorting REITs with costal exposure).
517.
by ivalm 5y ago
In India Modi's government has a long history of subverting media and trying to use government powers to control narrative. I don't think totalitarianism (even though backed by the government) is a good option.
518.
by ivalm 5y ago
top 100 electronics company in car space means it is extremely small/doesn't produce meaningful amount of cars.
519.
by ivalm 5y ago
Without Microsoft, the windows eco system wouldnt exist. Should MS get a cut of all windows applications?
520.
by ivalm 5y ago
No, ponzi means that proceeds from later investments pay returns to earlier investors, this is not what is happening with Bitcoin. It might be what's happening to tether (in a sense that they pay withdrawals out of recent deposits and
521.
by ivalm 5y ago
Yeah I made a simplification so you can explicitly compute expectation values and see that there is no ZOPA, but in the real world there is a thing called opportunity cost and people do choose to stay unemployed while looking for job becaus
522.
by ivalm 5y ago
> If you believe price levels are going back down and we'll return to normal you are free to take the other side of the trade from me That’s not what people mean when they say inflation is “transitory”, they mean inflation will be h
523.
by ivalm 5y ago
Asset prices as they impact real people are reflected in CPI, which shows low inflation. The fact that cash flow instruments are higher priced (and that’s largely because of low interest rather than QE) is kind of orthogonal to most people’
524.
by ivalm 5y ago
It’s unclear that this is happening. There is a good argument that what we are seeing is basis effect + pent up demand and has literally nothing to do with monetary policy. This is why the consensus for now is that current inflation is tran
525.
by ivalm 5y ago
No, you can be existentially important to the company and still not produce market rate worth of value. Example: Virtual Widget Co has one employee. The company makes $120k/year in revenue (and so max cap for compensation is ~100k&#x2F
526.
by ivalm 5y ago
No, sometimes there is no zone of possible agreement (value produced is below market rate). In this case you can both have shortage and unemployment at the same time. Example, you have labor force of 10 people. All jobs have mandatory stay
527.
by ivalm 5y ago
That’s a half truth, if you want to sell lots of treasuries at low yield, which was the case, you have to QE. There is a clear benefit to low yield debt in deficit spending, and so far no real harm (>10 years later!)
528.
by ivalm 5y ago
I don’t quite understand, switching is good for the employee but in what world is it good for the employer? On-boarding/institutional knowledge/etc all suffer.
529.
by ivalm 5y ago
Printing money can increase prices on raw material but in current case disruption in supply chains (that was caused by the pandemic) is a much more likely reason.
530.
by ivalm 5y ago
But it would be a disaster to foreign holders as well. It’s like saying “if we go into a full scale nuclear war it will be a disaster” — absolutely true but also the whole world is trying to avoid it. Any US dollar unwinding as a reserve cu
531.
by ivalm 5y ago
That’s just really false. European austerity after ‘08 presents a nice counterfactual showing benefits of QE.
532.
by ivalm 5y ago
Maybe ever so slightly acidifies water + escapes atmosphere; I don’t think there is real hydrogen spill pollution.
533.
by ivalm 5y ago
Exciting about the progress but semi has always been boom and bust, I hope all the rush for investment will not create another down cycle.
534.
by ivalm 5y ago
You are wrong, he had a 16 hour period between last and first meal, which is a standard IF “fast”.
535.
by ivalm 5y ago
Only if it is provable that the intent was to trick other people into buying Bitcoin so you can sell it (pump and dump). For something big like Bitcoin it would be hard to prove. For penny stocks it happens and does get prosecuted.
536.
by ivalm 5y ago
I’ve heard people say mid six figure (400-600) and high six figure (700+). If people just say six figure I expect 100-300k.
537.
by ivalm 5y ago
But you can just sell stock continuously, as it is more tax efficient. Eg 2% dividend is just 2% of portfolio sold every year.
538.
by ivalm 5y ago
Cows are fed by plants that grow on the same kind of fields, except cows need to eat many pounds of food to generate one pound of cow.
539.
by ivalm 5y ago
I work for a large healthcare org and from personal experience these things can get large. 6m patients is prob 20m encounters, each encounter may have 10 different kinds of meta data (each one it’s own table) and each kind has 10-100 rows.
540.
by ivalm 5y ago
VA is a massive org, this is not a particularly large number of analysts for a healthcare system of this size (or honestly any complex org).

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