javert

50 ms·

511.
by javert 6y ago
I always thought that Gavin had some kind of bizarre ideological or personality change. He had seemed like a wise, smart and good guy for a long time. Was that not so? As an outside observer, I'm genuinely curious.
512.
by javert 6y ago
> I'm not sure if they have full reserves or running some magic Presumably they buy tether when it's under $1 and sell it when it's over $1 to maintain the peg. Not magic.
513.
by javert 6y ago
The bitcoin stock-to-flow model has only three parameters: stock, flow, and price. I'm not here to argue that the model is good or bad, but I will say that it's surprising, and interesting.
514.
by javert 6y ago
You shouldn't try to market time or hedge unless you know when to do it. I find that I usually don't know when to, so I usually don't want to. But there are exceptions to that. There are times when market timing and/or h
515.
by javert 6y ago
But they don't need to distract the population from the coronavirus crisis.
516.
by javert 6y ago
> You know nothing of whether the hedge worked, because you don’t know what it’s long term cost is outside some cherry picked return claims. If you've studied the issue, as I have, you'd see that the claims being made, make se
517.
by javert 6y ago
> https://news.ycombinator.com/item?id=20019375 This is an amazing explanation. If this is the explanation, why didn't the Pentagon just say so?
518.
by javert 6y ago
Please don't talk beyond your expertise. Making this return on a tiny fraction of your portfolio is exactly what hedging is designed to do. The strategy worked as designed. Please don't denigrate legitimate investors by equating t
519.
by javert 6y ago
Anybody know what the minimum is to invest in this? I emailed them a few months ago trying to invest, but they ignored me. I realize it's going to be a large amount, but is it like $1M+, $10M+, $100M+, or something larger? Also, is the
520.
by javert 6y ago
I would recommend that people start with something they are interested in.
521.
by javert 6y ago
It seems like you don't understand my objection. I'm not sure what the disconnect is. I thought I stated it very directly and plainly. Also, you did propose a rule and an absolute guideline. It's puzzling to me that you seem
522.
by javert 6y ago
> However, I offer that the sentiment behind it is honest. No doubt about that. I think the sentiment behind it is that you love your kids greatly. > I propose that common assumption leads to no beneficial outcome I agree, but your pr
523.
by javert 6y ago
> it creates a debt to children so massive, that it can't be fully repaid in a lifetime. This is just an idea you made up. It has no more grounding in reality than some old rule from the Bible that nobody follows anymore. Like one o
524.
by javert 7y ago
Since I am getting downvoted: Is this a Continental English vs. American English thing? Because as a native American English speaker, there is no doubt at all what the sentence means in American English.
525.
by javert 7y ago
I think the solution of just paying Brazil to protect the forests is much cleaner and much more likely to work over the long term. Tariffs have a lot of side effects. They are very messy, politically. They create winners and losers in both
526.
by javert 7y ago
> there is no way that this payment arrangement is stable over the long term I'm not sure about that. > there is no such things as "buying property" between nations with out transferring sovereignty Not with that attitu
527.
by javert 7y ago
I'm talking about doing exactly what I said. Not the things you are talking about.
528.
by javert 7y ago
I'm pretty sure Brazil would be delighted to receive a regular check from the rest of the world in exchange for defending part of the rainforest. As long as they get their cut, they're going to be happy. Just make the payments con
529.
by javert 7y ago
Please stop calling me dumb. I'm not dumb. This is my second time asking. I don't think it's being used in a legal sense in the statement quotes in this article. If it is, I'm not sure how "private entity" is d
530.
by javert 7y ago
I don't think you are right. From the article: > In a joint statement, the two governments affirmed that “no private entity can claim monetary power, which is inherent to the sovereignty of nations” I parse that as: monetary power i
531.
by javert 7y ago
No, it's not obvious what it means. In everyday English, it would be obvious, but regulators and politicians are not bound by that. "It's obvious" is rarely a good argument on this particular site. If it were obvious we
532.
by javert 7y ago
If "monetary power" is "inherent to the sovereignty of nations" (quoting the article), they're also against bitcoin. I doubt the use of the words "private entity" was specifically intended to exclude decen
533.
by javert 7y ago
1. I'm not really sure what you are asking. If this helps, what I want (and what I call a free market) is a situation where people are free to make their own decisions because the use of non-preventative force is barred. The government
534.
by javert 7y ago
1. A free market requires that the government exercise a monopoly on force, using force. Only the government should be allowed to use force and it should be minimized. International politics will always be a state of nature but treaties and
535.
by javert 7y ago
I don't have any in mind, but this paper struck me as being in "distributed systems" more than in "cryptographic primitives." That is totally debatable, though. Anyway, I have experience in the former field (and adj
536.
by javert 7y ago
> it’s a lack of clarity by both OP and the project website about what’s important As a former academic, I can immediately spot this website as an academic paper with a bit of code on the side. Academics do this kind of thing constantly
537.
by javert 7y ago
Look, the point I made that started this conversation is that there is a lot of evidence in U.S. history that free markets work extremely well. You are not dealing with that at all. There are two issues with your arguments. a) Most of your
538.
by javert 7y ago
It's not a "product." It's an academic research paper.
539.
by javert 7y ago
> What kind of free market operating without force do you have when millions of human beings are under the lash? Ironically, a far freer market than we have today, as long as you were white. I don't think the economy of the North de
540.
by javert 7y ago
That's a valid disclaimer, but you have completely failed to interact with what I'm saying. It's like you've found a typo in a mathematical treatise that doesn't really effect the correctness of the treatise, and gl

More ›