jeromec

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331.
by jeromec 16y ago
Wait a minute. From looking over the bitcoin site, the process for currency creation is based upon CPU processing power? The argument given for limiting wealth creation is that, once bitcoin was used enough to have real value, the expense
332.
by jeromec 16y ago
So many banks gouge people that I'm sure you'll find plenty of room for improvement and opportunity with the ones ready to access your client base with more reasonable terms. Best of luck!
333.
by jeromec 16y ago
Yeah, the game is totally biased in their favor. I got my parents to get their finances in better order. My dad paid off one large balance and somehow ended up with the company owing him a few cents. It did him good to call them up threaten
334.
by jeromec 16y ago
My oldest brother said one of the best classes he ever took was a high school course called Home Economics, or something like that. It taught students how to write and balance a check book, and prepare their tax forms among other things (he
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by jeromec 16y ago
Loan sharking is illegal, but I sometimes wonder how far banks are from that... States craft laws for maximum interest rates, so the banks relocate to where they can charge the most. The highest allowed currently is 29% I think. Ridiculous.
336.
by jeromec 16y ago
I'm really glad to see this. I'd say it could count as a public service as well. What I hope the site will also offer is counseling on developing better spending habits in addition to the tracking/organizing of repayments. The crowd that vi
337.
by jeromec 16y ago
You may be right that it will become accepted. I saw this thread on HN, then minutes later while browsing Internet stories came across an article today about anti-Kremlin rallies: http://www.reuters.com/article/idUSTRE67U4YJ20100831 Excer
338.
by jeromec 16y ago
Hacker News was created by Paul Graham. You may also want to check out some of his essays at paulgraham.com. Here is one which gives some background on why he created Hacker News, and his thoughts on it as of Feb. 2009. http://paulgraham.c
339.
by jeromec 16y ago
A couple of people I have seen with have gone so far as to insinuate that the reason programming is to hard for most people, is because we design our languages to be too hard, just to keep people away from programming, and to secure our jo
340.
by jeromec 16y ago
I'm sure Fred worked hard enough, but I think you're being lenient and modest to compare his efforts to yours. It's unbelievable the level of technical prowess you pulled off 20 years ago, by yourself, on an ill-advised platform, working so
341.
by jeromec 16y ago
Wow, Jacques, it doesn't sound like you feel much that "Fred" basically stole a bunch of money from you. You explain that you didn't have a contract drawn up, and that Fred's justification for not sharing proceeds from the company sale was
342.
by jeromec 16y ago
I wonder if having a catastrophic start-up experience is practically a rite of passage for the serious entrepreneur. Yes, but one in which bodily harm is also on the table? I've read a lot of entrepreneurial tales, but this one puts "sacr
343.
by jeromec 16y ago
Thanks for sharing! I'll check out those books. It's true that I read books that many wouldn't take the time to read. I don't think that's because those books are less interesting; I think it's because most people have much less interest i
344.
by jeromec 16y ago
You say you read regularly, so I'm thinking you would read books many wouldn't take the time to read. I'm talking about writers which have such interesting stories that they bring in less avid readers -- the way Harry Potter did. This is ac
345.
by jeromec 16y ago
It's getting to be like writing novels. Lots of people do it. The barriers to entry are low. But few can make a living at it. I don't think few people make a living at writing novels because of competition; if more people wrote better nov
346.
by jeromec 16y ago
Yes the investment from YC is not much, and that is exactly why I would like to use it for anything that makes my startup successful and nothing else. I think you're missing the point of YC if the only reason you're hesitant to bring on c
347.
by jeromec 16y ago
Are you asking what are your chances of being successful with your startup as a solo entrepreneur, or what are your chances of being accepted into Y Combinator? If the former, I'd say you have about the same chances as you do partnering wit
348.
by jeromec 16y ago
That's just it. It is in opposition if it's a fact. The OP said President Obama is expanding government power. If it's a fact that government power is limited by the Constitution and Separation of Powers then no president can expand gover
349.
by jeromec 16y ago
Yes, that is how it's set up and yet the Supreme Court does not make the laws or set policy. So the judicial branch of government is limited too -- just as it is meant to be -- by the Separation of Powers.
350.
by jeromec 16y ago
Obama is a government official increasing govt power. Government power in the U.S. is limited by the Separation of Powers as well as the Constitution. Edit: Someone downvoted me? Why not post an argument with your position?
351.
by jeromec 16y ago
I agree that progress, if any at all, would be slow. President Medvedev recently toured Silicon Valley, opened a Twitter account, and proclaimed Russia "open for business". Unfortunately, with articles like this I don't think he will get ma
352.
by jeromec 16y ago
Yes, I'm aware that politicians often speak "empty words". However, I would point out some politicians are indeed active and effective. President Obama has already signed over 200 bills into law, including one so large and complicated it to
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by jeromec 16y ago
I watched an interview with President Medvedev in which problems like corruption were brought up. It seemed like he is taking a long term view of improving conditions in Russia, which makes sense to me, because it's not possible to transiti
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by jeromec 16y ago
You can't fault Jerry and David for not seeing search when the market had clearly supported banners with no basis for search as a viable model yet. I disagree. Where were those banners shown? Search results pages. The reason people went t
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by jeromec 16y ago
No, I'm fully aware that everyone benefits if there are alternatives to a search monopoly. I was strictly evaluating the results. It may be that my searches are pretty demanding of a search engine, because they're not typically consumer ori
356.
by jeromec 16y ago
I tried taking the Bing challenge several months ago. I couldn't even make it for a week before going back to Google. Maybe it's time to try Bing again, but I'm really skeptical.
357.
by jeromec 16y ago
I'm curious to see the quality of Blekko search which is supposed to be launching soon... http://techcrunch.com/2010/07/19/techcrunch-review-the-blekk...
358.
by jeromec 16y ago
Don't get me wrong. I'm the last person to suggest we're unsinkable. I'm only pointing out that our troubles become the troubles of everyone else, just as our success has influenced global economic success.
359.
by jeromec 16y ago
Exactly correct. The U.S. can have economic problems, but as long we are still at the top, we remain at the top. One of the more interesting reactions to the FOMC’s gloomy appraisal of the economic state of affairs is the surge of strength
360.
by jeromec 16y ago
This is a great explanation. Correct me if I'm wrong, but there is an important detail to note, which is the money supply is not being expanded significantly more in this action by the Fed any more than the normal course unless there is ne

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