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jevgeni
searching PlanetScale…
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52 ms
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601.
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by
jevgeni
9y ago
Oh, come on man, the academics should would for kudos. /s
602.
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jevgeni
9y ago
But then it's not free. It's just that somebody else is paying for it. And that quickly becomes hard, when your readership grows. Especially if you are just starting out. Even Wikipedia was at first sponsored by a private, for-pro
603.
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by
jevgeni
9y ago
So who pays for the servers?
604.
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jevgeni
9y ago
I read Castaneda in school, where I heard about the books from a buddy of mine. I really liked the aesthetics of the universe in the books, which I always saw as fictional. My buddy though took the books at face value... He was also into di
605.
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by
jevgeni
9y ago
Oh, man! Illuminatus! trilogy is brilliant. <3
606.
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jevgeni
9y ago
Venezuela cannot produce USD dollars out of thin air. If their monetary regime allows it, they may print Venezuelan bolivar at the cost of raising inflation in the country. When we say "Venezuela issues a 2.8 billion USD bond" tha
607.
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by
jevgeni
9y ago
This is the same as taking issue with the statement "one mustn't steal" because there are mechanisms for dealing with theft. Man, the straw man fallacy on HN is like the proverbial hammer... You are talking about externalitie
608.
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jevgeni
9y ago
I like this idea. Although the economic arguments aren't particularly strong, they give the opposition an opportunity to be noticed.
609.
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jevgeni
9y ago
But where did the central bank get the 2.8 billion USD? Venezuelan central bank can't print USD. So, net the country owes 2.8 billion USD + interest either way. It's just that the ultimate creditors have changed.
610.
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jevgeni
9y ago
Yeah, but they are not. If I sell you a car for $5000, I get the $5000 and you get the car. When you then resell the car to someone else, I am not involved in the deal in any way.
611.
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jevgeni
9y ago
This might happen, if the government can issue the debt immediately. That's highly unlikely in an unstable situation like in Venezuela. I couldn't find anything in the article, but I bet the debt was issued way before the unrest b
612.
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jevgeni
9y ago
I'm sorry, what? Most legal system recognize default as a breach of contract. Also, contracts are between at least two parties. Which of these parties don't you consider being a part of society?
613.
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jevgeni
9y ago
Yes. :)
614.
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jevgeni
9y ago
There is nothing illegal in this, if that's what you are suggesting. There are different reasons why somebody might decide to sell debt at a discount. One reason, for example, is that bankruptcy proceedings, especially international on
615.
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jevgeni
9y ago
What's the difference between issuing a bond by Maduro and selling it?
616.
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jevgeni
9y ago
Yeah, but how does that generate free money for the Venezuelan state?
617.
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jevgeni
9y ago
It is a difficult situation, but then again, revolutions are tough. I'm not sure about this debt package, but I'm betting this was issued by the Venezuelan government to fund some real assets, like oil rigs or whatever. If that&#x
618.
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jevgeni
9y ago
I agree with you, but also your comment made me think about the absurdity of how most people perceive banking. I.e. "if a bank does it to be profitable, it's bad; but if somebody else does it, it's OK".
619.
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jevgeni
9y ago
It isn't much of a deterrent, if you know that only a single competitotor of yours or just a few companies will be singled out for the outrage. Time and time again. There are fund managers, pharma companiess, and industrial conglomerat
620.
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jevgeni
9y ago
Or any creditor's motivation for that matter. Debt must be paid back, regardless of who the creditor is.
621.
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jevgeni
9y ago
Which still doesn't matter, if it's the secondary market. You can't borrow $100 and get more than that.
622.
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jevgeni
9y ago
No, they are betting for either the government to survive, or the new government to honour its previous debts.
623.
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jevgeni
9y ago
Isn't it shocking that people dare ask for their money back? Surely, this is some kind of scam. /s
624.
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jevgeni
9y ago
Thank you for this insight! I mean competitive in a broader sense. I.e. do your tech skills make your business more competitive? Electron is an interesting example. If you are smart, you can use it to deploy your application to desktop, as
625.
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jevgeni
9y ago
You are right. I think fundamental knowledge is important in this case, where it allows you to cut throught the fluff of buzzwords and see what the actual content is.
626.
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jevgeni
9y ago
Well, this is bad advice only in a certain context. If an organization has reached a more mature period of your products life cycle, you are not concerned that much with new hot things that come out. If you need to generate product ideas an
627.
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jevgeni
10y ago
Thank you! My very subjective hypothesis was that it takes ca. 6 months to get "knocked out". For example I use ES and TypeScript only ocassionaly, and every time I have to do that, I have to rediscover conventions and practices t
628.
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by
jevgeni
10y ago
I agree with you completely! I'm just gathering objective opinions to to able to argue that continous learning is an important skill for engineers to begin with . As in, you can't just finish Uni knowing intermediary programming
629.
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jevgeni
10y ago
Thank you! I agree with you on this. The reason why I am interested in this, is that in my opinion engineers must always be open to learn new things and new tech. So, I was wondering, if it is possible to make the argument "If you stop
630.
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Ask HN: How quickly do web dev skills become obsolete?
10 points
by
jevgeni
10y ago
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