jl2718

65 ms·

721.
by jl2718 5y ago
This ‘Ponzi scheme’ (bond issuance) is the most efficient funding mechanism by far, and is proven to work sustainably within limits. That limit is the marginal point where the expenditure equals the net asset value gain resultant from it, s
722.
by jl2718 5y ago
Well I do think that systems and policies shape a company’s success much more than most people realize. Usually, a new exec comes in and they are given latitude over a particular domain of execution decisions, most especially who is making
723.
by jl2718 5y ago
It was sublime. I felt no pain. I ran until she appeared. I ran harder until I felt my soul rise out of my body to be with her, legs still pumping, rocket attack buzzing overhead. Rapture. https://www.strava.com/activities&#
724.
by jl2718 5y ago
I have similar opinions on these topics as many that were out there, which is to say, not at all what others may assume or want us to think, nor what may be in our best interest to share.
725.
by jl2718 5y ago
This is funny. They always shuffle the deck chairs when threatened. I've been that new exec guy. It's scary. You know 1% of what everybody else does, and everybody expects miracles. Realistically you can only be effective at that
726.
by jl2718 5y ago
Help me out here, please. Where has been good for you?
727.
by jl2718 5y ago
Bagram valley especially, is shockingly beautiful when it snows in the Hindu Kush. In the early spring, you get sunshine and lush greens against snowy peaks. In the south, the mud flooding is so strong in the winter, you can ride it like an
728.
by jl2718 5y ago
Life in the FOBs in Afghanistan was a time capsule of red-blooded ‘Merica, like hanging out between scenes of a 90s action movie. The gym was 24 hours, everybody was huge, and the music was hardcore 80/90s. Sort of like my high school
729.
by jl2718 5y ago
The FOBs in Afghanistan felt like America to me. All the best years of my life were spent there. What I came back to was often unrecognizable. This feels a bit personal. Little anecdote: Bagram is quite large, and sometimes I used to run la
730.
by jl2718 5y ago
More importantly, it's already irrelevant ($1.6T) compared to bond sales ($8T). I'll eat my socks if the economy doesn't grow by 20% after eliminating taxes.
731.
by jl2718 5y ago
> could total $7 trillion over the next decade The treasury created $8T in bond sales just last year, and accelerating. Bond sales fund every level of the government. Tax revenue will never pay the debt. Buyers know this. It doesn't
732.
by jl2718 5y ago
https://twitter.com/officialmcafee/status/127330116441995264...
733.
by jl2718 5y ago
I'd like to know what the Gini coefficient is for entitlement spending by individual adult recipient. I suspect that it would be similar to the income distribution, given so many special programs for child, medical, and disability enti
734.
by jl2718 5y ago
Was there any information or opinion in there? It sounds like you have a lot to say, but aren't saying it. > It's failure is inevitable Why? > There are opportunities What? > Politicians are doing something What? > add
735.
by jl2718 5y ago
> The US government is [...] a democracy No. It's not, or at least, it wasn't. By law, it is a constitutional republic. It was specifically designed to prevent tyranny, regardless of the source. > If you want to talk about .
736.
by jl2718 5y ago
> Entitlements are an 'investment' into loyalty Ha! Not working! Not even preventing outright social violence.
737.
by jl2718 5y ago
The American identity never had anything to do with economic greatness, military power, equality of outcomes or opportunity, nor even many ‘positive’ rights levied upon others. Put simply, it was supposed to be the one place where you could
738.
by jl2718 5y ago
> lack of investment What? You’re grasping. If you want to see the problem, compare government budgets and look where all the money goes.
739.
by jl2718 5y ago
This makes sense. My entire life, I have been badgered about my non-drinking. Apparently only religious zealots, severe former alcoholics, and terminally ill people, abstain from alcohol. No other response will satisfy a person with a drink
740.
by jl2718 5y ago
The leviathan tax law is a constant and rapidly increasing overhead cost (time, money, fear, economic distortion) of being an American. These lawmakers have no idea how much damage they are doing to their country.
741.
by jl2718 5y ago
Request: can somebody please elucidate technically why this technology is failing?
742.
by jl2718 5y ago
This is a case of ‘working the numbers’ into something that sounds incredible or absurd. Here’s how it goes: The H-O bonds in water have an energy of 9.5eV. If you break and re-form this bond, you get a photon of 130nm. A blackbody would ha
743.
by jl2718 5y ago
If you’re wondering how your ‘crypto savings accounts’ can return 12% on USD, it’s the option spread from this guy.
744.
by jl2718 5y ago
The ‘succinct’ part of the acronym means that the data is not stored in the proof.
745.
by jl2718 5y ago
If you try to include any invalid transaction in the proof, you will not (w.h.p.) be able to create the proof condition. So that update would be rejected. It is up to the proof generator to verify their transactions before including them in
746.
by jl2718 5y ago
You can’t store a blockchain in a ZK-snark/stark either. You can only verify it. So the transactions take place ‘off the blockchain’ here as well. The difference is that they can be verified no matter where they occurred.
747.
by jl2718 5y ago
No. This would be a tautological violation of zero-knowledge, so it will never be solved. However, if all you care about is the verification proof, then yes, you can prove arbitrary recursions by providing the branch condition evaluations a
748.
by jl2718 5y ago
I ran an incubator and I saw future billionaires at their worst. You need a social form of exercise, and a focused technical/industry community to interact with personally. This is neither of those. If you can, pick one old friend to g
749.
by jl2718 5y ago
> $6T $1.72/0.6T personal/corp income tax. $1.2T SSI. $8T bond sales (and accelerating). > violence … the collective has a right It’s a noble concept, but, “the collective” has never been historically distinguishable from de
750.
by jl2718 5y ago
This is a good debate to have, so I hope you are willing to have it with an open mind. > Bonds backed [by] what? The train has already left the station on that. It is not now and never will be backed by revenues. It’s backed by all the p

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