jariel

53 ms·

421.
by jariel 6y ago
IMHO no, it doesn't. Funding and research for Nuclear dried up ages ago, and given the impending doom most scientists think we are facing, it would be rational to be spending gazillions on developing new tech, processes etc. including
422.
by jariel 6y ago
Worth noting: there is no such thing as a 'perfect store of value'. We are psychologically caught up in the idea that 'gold' or 'property' has some 'intrinsic value'. Like if there were a nuclear war,
423.
by jariel 6y ago
Thanks for clearing up the uninformed and conspiratorial world view of the BTC supporting legions. It's fine to question these institutions, but it should be done on the basis of informed understanding, and then, the solutions arrived
424.
by jariel 6y ago
""social movement" that went from like $1 to more than $ trillion dollars...? " This is pure Ponzi Scheme language, helping to prove my point. There are rooms on Clubhouse you can join where people talk and hype up these
425.
by jariel 6y ago
Folks - the Central Bank is an essential pillar of governance. If it 'goes down' it means, almost everything else is 'going down again'. Your BTCs are useless in that scenario. BTC is a terrible currency and a bad store
426.
by jariel 6y ago
What drives the valuation is pure speculation, partly by massive vested interests, and then of course by the masses of cultish believers who own a couple coins and are in on the Ponzi mania. The same things that excites people in Amway.
427.
by jariel 6y ago
BTC would be a bad choice in any unstable economy or high inflation. A much better choice in the case of high inflation, would be the currency of the nearest large country i.e. USD, Euros, Pound. Possibly RMB. You get a free financial syste
428.
by jariel 6y ago
Except that BTC is a terrible store of value, possibly the last option in a long line of better classical options such as real estate (or related funds), stocks, bonds, basket of currencies, commodities. We already have tons of options for
429.
by jariel 6y ago
Often the payouts are necessarily big enough, it entirely depends. And just because you're an 'exec' at an 'ok startup' doesn't mean you're generally qualified at that level. It's very hard to jump to
430.
by jariel 6y ago
No this is not quite it. These acquisitions are not 'big bangs' like VC investments where one will make the bank. They are large and small investments across the board - some for know-how, some for talent, some for product, some f
431.
by jariel 6y ago
The issue is not the money - it's the ability to integrate. M&A and cooltech is by far the easiest part. Making use of the tech, the talent, operational integration, re-writes vs. integration, product alignment, etc. it's very
432.
by jariel 6y ago
It's supply and demand it's perfectly reasonable. 2 devs with the same abilities will have different willingness to work in a situation because of their cost base. Essentially, one gets more because they are demanding more and tha
433.
by jariel 6y ago
It's not so much tech as understanding. 25 years ago Grocery CEO's may not have realized the power of brand to the same extent. Price/Quality product is it. With the internet, photoshop, diversity in packaging, explosion of a
434.
by jariel 6y ago
There were some serious positive externalizations from Fry's. Wherever there is a Fry's there are smart people enabled by doing smart things. Not exactly a socialist but man, we should try to save Fry's. It's one of the
435.
by jariel 6y ago
The Nigerian Central Bank is irrelevant. "All the US banning crypto will do is make the United States fall even further behind in the space" The US will fall further behind in fraud, ponzi schemes, tax avoidance, and wasted electr
436.
by jariel 6y ago
Go ahead and compare 'Manifest Destiny' to Han Chinese Imperialism of the last 2000 years, that exercise will enlighten us all. As part of 'Manifest Destiny', make sure sure to include the dozens of major states like Kor
437.
by jariel 6y ago
" dictatorship mostly see people in democracies as hypocrite imperialists who lie to themselves about who truly rules." Han China is the most Imperial place on earth, and possibly has been since antiquity. 100x more ethnocentric a
438.
by jariel 6y ago
Unless you think your government, your constitution, you financial system are a 'populist fiction' then no. USD is legal tender, a contract, backed by assets (US TBills), with a ton of laws, rules and regulations. BTC is digital M
439.
by jariel 6y ago
Yes, BTC is the most wasteful. Other things we think are wasteful, are not - either they are for pleasure, or they are byproducts of other things, or they are contextually relevant (i.e. weapons/war), part of the systematic inconsisten
440.
by jariel 6y ago
Future humans will wonder why humanity wasted so much valuable time, effort and real for no reason.
441.
by jariel 6y ago
You'd think that, wouldn't you, but surprisingly doing payment processing doesn't necessarily involve any fundamental understanding of the nature of currency, how it's backed, Fed operations, how they related to the Trea
442.
by jariel 6y ago
If it turned out that BTC was a primary vector of money laundering and means to pay for illegal stuff, the US could declare it illegal which would crash it instantly. EU and China probably and everyone else probably would as well if that we
443.
by jariel 6y ago
"But the reality is Bitcoin is a political project that threatens to fundamentally disrupt the Davos-led economic system, with everyone from Janet Yellen to Christine Lagarde expressing fear about its rise and demanding it be regulated
444.
by jariel 6y ago
You're missing some key points, and your comment is not a rebuttal it's just a 'refusal'. Apple, were it not a 'kind of monopoly' would have considerably different pricing structure. The difference between that
445.
by jariel 6y ago
Missing from this is 1) They are not handsome guys and that is a real factor (you don't have to be pretty, but it's hard to to be ugly) and 2) They are way to old looking to have inspired their most recent hits. Kids won't go
446.
by jariel 6y ago
This is false, and tons of software providers do it already today. For smaller shops in an open market, they'll be a ton of vendors willing to do the 'full stack' checkout experience for a fraction of what Apple/Google c
447.
by jariel 6y ago
No, actually - in pure economic terms, 'Tax' is actually a reasonable term to use. Fees which can be perceived as arbitrary capture of a piece of economic activity (and monopoly pricing could be considered that in part) acts just
448.
by jariel 6y ago
Western academics and proles are upset by it. It's the realpolitik wings i.e. business and politics that are less directly concerned because it hurts them, or, it's hard for them to do anything about. Western Academics loved Stali
449.
by jariel 6y ago
We might want to highlight this more often that not. Code legibility is starting to become a primary if not the primary factor for a lot of software these days, because that's what allows it to be maintained. I think more analysis shou
450.
by jariel 6y ago
"Execute it step by step," These are not imperative programs or well organized data. They are NN's we can't fathom how to debug them just yet. Also, they should tag 100 years onto the timeline, I don't think we&#x27

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