jasmer

53 ms·

481.
by jasmer 4y ago
I like a good conspiracy theory, but it's unrealistic to expect that the investors knew about this. If they did, they would know there'd be a 100% chance that it would blow up. This is some serious balance sheet depravity. This is
482.
by jasmer 4y ago
It takes talent to fail in many of those ways, notably, it's mostly papered over by the success of Tesla and Space X, which will probably be just fine on thew whole. His antics were 'sufferable' in the context of Tesla/S
483.
by jasmer 4y ago
His antics were fine in the context of material growth at Tesla, and SpaceX. There are incredible aspirational aspects to those businesses, and they have massive support from Big Government, and crucially, people mostly knew what they were
484.
by jasmer 4y ago
This is objectively and demonstratively wrong; the lurid ad hominem only adds to embarrassment. If 'money was not involved' then Shakespeare, Michelangelo et. al. would not have made most of their works. Moreover, you've used
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by jasmer 4y ago
It's 'disgusting' to suggest others should have to labour for you for free - and suggesting 'removing money from the issue would solve' issues is more than naive, it's glib. IP is not 'corporate protection
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by jasmer 4y ago
I can understand that one person here and there will have a misappropriated sense of justice - we all have our weaknesses and odd perspectives. What I don't get is how this could be systemic, or, that other reasonable minds within the
487.
by jasmer 4y ago
It's a bit of a canard. The benefits of FT are mostly things like statelessness, no side effects. And it's almost better to talk about it in those terms, and introduce concepts into imperative programming. When people say 'fu
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by jasmer 4y ago
You'd be surprised at how ineffectual a lot of advertising is. Billboards should be just wiped out, there isn't any real utility from them, and for the most part they just make things very ugly. Having giant ads in public spaces i
489.
by jasmer 4y ago
"NYT would ever deliberately print accusations they couldn't prove." That statement implies a misrepresentation of what I said, and a misunderstanding of what journalists do. Journalist investigate, source, and provide clarit
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by jasmer 4y ago
The NYT is not supposed to 'stick with what they can prove'. That's definitely not the bar they have or else they wouldn't be able to publish much. Journalists should be a bit cynical, dig for info. The NYT has more reso
491.
by jasmer 4y ago
? Stealing $10B is fraud. So when $10B goes missing, due to what we know is 'bad behaviour' at minimum, and all the other 'smoke' around this story - we should use that word in proper context. This is literally one of th
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by jasmer 4y ago
It's a 'puff piece' because they essentially take his words almost at face value, almost as if they are supporting his argument and don't dig more cynically into the underbelly of the issue. There are a lot of really cra
493.
by jasmer 4y ago
Yeah I spent much of my childhood around there it's a different kind of social system but I have not a single worry for them. I think they're more normal and happy than urban types who are a bit untethered, depressed, overly busy,
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by jasmer 4y ago
Just do it. I'll bet you probably have tons of energy, but also more responsibilities and even in your youth you were not that dedicated - you just had moments of intense interest and did stuff for fun without too much diligence and no
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by jasmer 4y ago
The Russians are not morons, but, they are not just missing the parts, they are behind on cutting edge issues. Not all, but many. Yes, the are 1st-class in that some of their gear is leading, but not that much of it. Iran, even more so. The
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by jasmer 4y ago
My grandparents lived on a farm there was nobody around for some distance. And many 'villages' in Europe were just 2 or 3 households, not really villages. I think the OP's point is reasonable for context.
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by jasmer 4y ago
This is a neat piece but mostly just stating that Eth is rubbish, not really making a case for it. Buterin I think is what he is - it's not creating fake charities trying to enable his identity through some kind of fake moralism. I thi
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by jasmer 4y ago
Russia is doing the same thing. Moreover, what they are doing is 'very crude' and the higher end drones, equipment, targeting, munitions are not available to them largely because that information is guarded.
499.
by jasmer 4y ago
Aside from Herculean levels of glib lack of self awareness - which maybe we could forgive if he was 'just taking risk' - he was gambling with deposits, now apparently embezzling money (more than $1B is missing) and maybe criminal
500.
by jasmer 4y ago
The logic is so ridiculous: "move around money = altruism". Well it only holds if you happen to be a much better manager of money that others, and there's no evidence of that. But nobody seemed to want to pierce thin thin ven
501.
by jasmer 4y ago
The thing is here 'everyone was a believer'. This was not a 'deception' in the classical sense. Other than mass self-deception. This is what happens when there's nobody around to question anything. EA + FTX is essen
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by jasmer 4y ago
It's one of the most astounding things I've ever read - it's like capitalism, startup koolaid/cultism, intellectual moralism, celebrity, complete and utter glibness and lack of self-awareness, meet a huge pile of money,
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by jasmer 4y ago
It's brutal. For an otherwise bit of decent advice, that is some really bad design.
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by jasmer 4y ago
True. I think we should not lack empathy, for sure, 'giving material offence' is much worse than feeling it obviously - but the aggrieved will weaponize it, and it's quite common.
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by jasmer 4y ago
They are form of wealth tax which is not nice, but they have pragmatic value for assessing consumption and also luxury consumption. A township might rightly charge more for services which are providing the economic value underpinning the pr
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by jasmer 4y ago
You cannot 'store value' without some counterparty risk because ultimately the value you store, has to be 'valuable' to some other person, likely many of them. Money/Credit is a social construct; not objectively se
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by jasmer 4y ago
One of so many policies with a nice headline. but which falls short of working well due to obvious, quite enormous externalizations. It is truly a paradox that you can buy something, like a normal home, but if home prices rise rapidly you c
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by jasmer 4y ago
I think it's entirely reasonable that they come from the same place. 10% is about the right number to apply in both contexts if one was choosing arbitrarily. We are effectively 'decimating' with our layoffs. Though one notabl
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by jasmer 4y ago
Larry has all sorts of questionable qualities, and there are plenty of reasons to leave (or use) Oracle, but some person being arbitrarily dismissive isn't really one of them. Unless the dismissiveness was over something very material.
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by jasmer 4y ago
The part where he was lending out deposits to make big bets looks very problematic, and hopefully illegal. The CEO described how a feasible 'pyramid' could work with Levine on Bloomberg and it looks like he was doing just that. Th

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