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jomamaxx
searching PlanetScale…
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66 ms
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571.
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by
jomamaxx
10y ago
No Promises in Java. Sadly - the language is really not quite as 'async' as we would like it to be. Java scales much better than Javascript though, and I mean that in the architectural sense. Past 50K lines of code - the lack of t
572.
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jomamaxx
10y ago
Java EE is basically the official java server-side container. It was designed to scale, it kind of forced a designed pattern (something called 'Enterprise Beans' - one bean for dealing with requests, stateful beans for dealing wit
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This is what Bitcoin is
(yanisvaroufakis.eu)
1 points
by
jomamaxx
10y ago
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1 comments
574.
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jomamaxx
10y ago
Silicon Valley = Pied Piper :)
575.
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jomamaxx
10y ago
" So they are not driven with economic gain as such, or prosperity of "the one percent"" Yes, they are. Inequality is worse in China than in most Western democracies. They have more billionaires in Shanghai than New York
576.
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jomamaxx
10y ago
Yanis Varoufakis does a nice explainer: " https://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-danger...
577.
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jomamaxx
10y ago
You're grasping at straws. There is almost nowhere in the US that you can 'buy milk or pay rent' in Bitcoins. It's a useless, fantasy currency - and you have to find some other believer in fantasy currency, hope that the
578.
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jomamaxx
10y ago
"What are these assets that you talk about? The Euro is not backed by Gold or any other physical asset; in fact, it seems to be even more nebulous than the USD." The Euro is backed by 'high quality' assets such as real e
579.
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jomamaxx
10y ago
" You also act like their function as a lender of last resort in the event of runs on banks caused by maturity mismatches that tend to happen once every few generations isn't explicitly and historically one of the primary reasons
580.
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jomamaxx
10y ago
"The ECB has more credibility than the Fed? Can you please share some of whatever you just smoked?" Are you kidding? The Euro is backed by assets . The USD is backed by US Treasuries - i.e. the faith that the US government can re
581.
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jomamaxx
10y ago
"And against Bitcoin. I don't like your favorite TV show but I don't care that you do..." + The value of bitcoin to society is something we can try to established objectively. It has nothing to do with 'who likes wh
582.
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jomamaxx
10y ago
"If you were in Venezuela and everywhere accepted bitcoin, would you rather have bitcoin or Venezuelan bolivars?" If Bitcoin were the de-facto currency of Venezuela, sure bitcoins would make sense. But it's not, so it doesn&#
583.
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jomamaxx
10y ago
"to discard the blockchain technology outright" I didn't dismiss 'blockchain' outright, I dismissed Bitcoin. Again, people keep talking about 'technology', failing to grasp the financial aspect. Currency i
584.
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jomamaxx
10y ago
Sorry man. You're right. Kidding :).
585.
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jomamaxx
10y ago
The 'solution' to bad currency policy is simply to use a currency that is well managed. Some small Caribbean islands use USD exclusively. After their national crises, Iceland almost switched to using Canadian dollars. The 'bl
586.
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jomamaxx
10y ago
"Wealth storage medium has to be rare (with predictable rarity), easily divisible, easily transferable, easily verifiable against forgery. Bitcoin fits the bill perfectly. It's hard to invent better medium of storage." No - t
587.
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jomamaxx
10y ago
Bitcoin has no real use or value. As a means to 'store wealth' - not really. There are 100 other things that make more sense than bitcoin. As a 'medium of exchange' - it will never be a common currency so it has no real
588.
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jomamaxx
10y ago
" I am all for national healthcare and education. If it wasn't Obama I would not have known there are countries without healthcare." ? You must be living in a bubble if you did not know other countries had socialized medicine
589.
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jomamaxx
10y ago
"I just don't do or write anything on the internet I don't want tracked back to me." That's a rather Orwellian statement ...
590.
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jomamaxx
10y ago
Does anyone not feel that this is deeply problematic? What's worse is the faux 'Silicon Valley' ethos / koolaid they put on us. A regular company doing this does it for obvious reasons. But Google sticks to their 'D
591.
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jomamaxx
10y ago
Still going on today with reunification of Germany and their joining the Euro as the price of reunification - and subsequent Brexit. It's the never ending game of balance of power. I'd argue that the Russian Empire is maybe more i
592.
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jomamaxx
10y ago
Funny, I read it 1.676 months ago. :)
593.
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jomamaxx
10y ago
"we have always worked less than that earlier in history (1)." I'm not so sure about that. Most people lived on farms, and if you know about farms, you know it's almost 12 hours, 7 days a week. Or rather, it's an &#
594.
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jomamaxx
10y ago
Because at the national scale, there are only a few outfits that could feasibly make the bid. IBM, Accenture, a couple of others. CGI is maybe the biggest 'go to' shop for this stuff. They have zillions of developers ready to go,
595.
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jomamaxx
10y ago
It's a privately held corporation, point blank. It is not a nationalized entity, nor a part of government. It's right there in writing. There's also no reason that the US Fed should not be nationalized as it is in ever other
596.
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jomamaxx
10y ago
"If the banks owned it, they could vote to take all the profits (instead of a small fraction). Let me know when that happens." You are once again misled. It's authorized by congress, but it is NOT A PART OF GOVERNMENT. Unlike
597.
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jomamaxx
10y ago
"I am so glad for the German labor laws." Labour laws are not so much the issue. This is a cultural phenom.
598.
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jomamaxx
10y ago
"- pay workers a livable wage - create an environment where the workday is completely and separated from the personal day - and one where it is possible for the worker to fully live their lives apart from their workplaces Then none of
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jomamaxx
10y ago
You are misled. The Federal reserve is 'empowered to print money' by the Government, and is not really a profit-making entity - but it is privately owned. It's a small detail, but an important one. The banks of the USA each o
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jomamaxx
10y ago
" Bernie could have swung the scales towards infrastructure, unionism, and lowering inequality, which would put dollars in the pockets of the poor, which would in turn be spent directly into the economy." That's a little bit
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