javert

8 ms·

31.
by javert 4y ago
I just wanted to say, I really don't appreciate the sarcasm in the first couple of paragraphs. Anybody can take someone's comment and negate each of the sentences. It's only clever and cute if the new version is kind of self-
32.
by javert 4y ago
The idea that government management of the economy can do better than private management and allocation of capital is utterly preposterous. This has been proven many times over by 20th century history, and is also immediately obvious if you
33.
by javert 4y ago
Whether it's OK for a company to co-opt an English word for its name depends on how much confusion and inelegance it causes. I didn't have a problem with their original name. That said, "facebook" was not in my vocabular
34.
by javert 4y ago
We don't have to let them steal a word from the English language, that belongs to all of us. We don't have to let them cause confusion. Just don't call it the name they want you to call it.
35.
by javert 4y ago
The author doesn't seem to have much in common ideologically with most bitcoin people or to have a similar analysis of bitcoin to that of bitcoin people. So calling himself a "Keynesian bitcoiner" seems incorrect. It seems th
36.
by javert 4y ago
Bitcoin people are not "crypto bros." Bitcoin people hate "crypto." You are conflating two opposing movements. edit: but it turns out the article author is a crypto bro, not a bitcoin person.
37.
by javert 4y ago
It would be interesting to build a model of specific HN users who downvote unpopular but true statements, and then use that to search for comments that may contain unpopular truths. Could be useful. I guess we'd need access to data abo
38.
by javert 4y ago
A typical company is having a positive impact on the world, because it's providing some good or service to people that they are willing to pay money for. The global economy is built on this. It's why we have material and ultimatel
39.
by javert 4y ago
Getting a PhD for this reason is an absolutely terrible idea. A PhD is an apprenticeship to be a university professor. It's only sometimes, incidentally, helpful for the would-be engineer, and it's very rarely more lucrative than
40.
by javert 4y ago
> A mentor has advised me not to become "boring" and wants me to try to stay entrepreneurial Be what you want to be. Do what you want to do. There is really no other option. You won't have the psychological energy to s
41.
by javert 4y ago
I don't see why that would be the case. Enlighten me. If the market will pay yield X for a long-term bond of a certain duration, banks can make money by offering mortgages for X plus some margin. The Fed selling MBSs should just depres
42.
by javert 4y ago
Kind of a silly article. When the Fed sells enough bonds, interest rates go up. It doesn't matter if they sell mortgage-backed securities or something else. Selling these does not effect the housing market any differently from the Fed
43.
by javert 4y ago
I wish we had more of this kind of content on Hacker News.
44.
by javert 4y ago
There are lots of scenarios where the Luna becomes somewhat valuable again. A truly major crypto coin like Luna has never truly disappeared. Probably someone will make a fork like "Luna Classic." There are lots of these things (ET
45.
by javert 4y ago
Still not acceptable. It would be hard for me to buy a ThinkPad (I have bought many in the past). Obviously Lenovo has zero integrity and will spy on us or cheat us in some other way if they think they can do it without getting caught. Sad
46.
by javert 4y ago
> but why do bitcoin proponents always assume people to be ignorant on a website with some of the smartest people on the planet? Uh... because your comment is just straight up wrong? For instance, miners don't have a vote or a say a
47.
by javert 4y ago
> Proof-of-work requires, by design, that the electricity value expended on mining is proportional to the total market cap of Bitcoin. This premise isn't true. Funny you have this big confident argument when you're wrong about
48.
by javert 4y ago
There is no such thing as a "miner takeover" because miners don't vote. Unlike with proof of stake. The only powers they have are to censor transactions, conduct denial of service and (if they have over 50%) conduct a double
49.
by javert 4y ago
Sic semper tyrannis. It is only a shame that the Republic was not restored after Caesar, but that instead another tyrant arose.
50.
by javert 4y ago
If you were wondering what inspired the accents of fictional pirates and witches in movies and TV shows, now you know.
51.
by javert 4y ago
> To lose weight you have to do a lot more exercise than you think consistently. And you have to eat a lot less than you think. I think this is a misleading cliche. I seem to have a lost a significant amount of weight just from eating le
52.
by javert 4y ago
It was a slave pen. But that's neither here nor there.
53.
by javert 4y ago
Luna tried to make itself look better by "affiliating" itself with bitcoin, that's all. That is the attempted laundering of integrity and prestige. It failed.
54.
by javert 4y ago
Then you don't want to live in a society, you want to live in the Soviet Union. Because nobody can tell you if a business is a fraud in advance. There is no all-seeing, all-knowing bureaucrat that can detect Ponzi schemes. You just hav
55.
by javert 4y ago
As someone who spent many years in academic computer science, I have zero confidence in the peer review system. Zero. Hoskinson talking up peer review for Cardano makes him look, to me personally , like more of a fraud. My micro-specialty
56.
by javert 4y ago
> But without some form of regulation, either by the broader crypto community itself or by governments around the world, situations like the LUNA/UST collapse will keep happening. That's right, and that's OK. Capitalism al
57.
by javert 4y ago
Bitcoin has nothing to do with Luna. They are as similar as two unrelated Internet companies, like Google and eToys. Inflation doesn't dilute the economy. Rather, it grossly distorts resource allocation. How do we pay for endless wars?
58.
by javert 4y ago
Is there evidence for that? You have to wonder. But Michael Saylor comes across as a true believer in bitcoin.
59.
by javert 4y ago
> I'm picking up a lot of subtle things that make the whole experience more interesting. That's a common experience. It's like some people are reading the books in low resolution. That's why they think the characters
60.
by javert 4y ago
Not to disagree with you, but to put a finer point on it... I feel like the characters are not "paragons of virtue" because they are not meant to be imitated. That is a common mistake by both fans and detractors of Rand. Nor are t

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