karpierz

44 ms·

511.
by karpierz 6y ago
Money is a debt from society to its holder. You can exchange work or stuff for it, with the expectation that society will accept it at a later time for some stuff. So it's just a matter of deciding how the debt evolves over time. That
512.
by karpierz 6y ago
> On the other hand, if income >> costs, that's a totally different story ... I'm looking at excess capital used for funding loans, business, etc. So I'm more focused on this case. I take you point that inflation eat
513.
by karpierz 6y ago
> If people's money starts losing value, the last thing they would do is to be concerned with interest rates. With less valuable money, people would simply be able to afford a smaller consumption basket and, thus, spending will stay
514.
by karpierz 6y ago
Investing is a productive use of cash. Cash is a token that represents the goods produced to earn it. You can redeem it for goods, or lend it to someone if they can make better use of it. If they can make better use of it now, you make a de
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by karpierz 6y ago
If your currency deflates, that means a dollar today is worth less than a dollar tomorrow. When you invest money (via loans or buying equity), you trade currency for tangible assets, like stocks or capital. In order for the investment to ma
516.
by karpierz 6y ago
Only if you assume that everyone's circumstances are equivalent. If a diabetic asks for insulin, I don't believe that the only consistent positions are either give everyone or no one insulin. Similarly, if someone's backgroun
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by karpierz 6y ago
> Even an unfounded accusation could completely derail my life and career. I don't think that treating people poorly because you're worried that not doing so could hurt your career is the right thing to do. It might be pragmati
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by karpierz 6y ago
Same principle. To be clear, I'm not saying that I do treat all people equally, regardless of their race, gender, sexuality, etc. I grew up in an environment filled with stereotypes, and they do seep through. I can only strive to avoid
519.
by karpierz 6y ago
Because I'm a professional, and strive to avoid treating people differently based on their gender/sex?
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by karpierz 6y ago
There are some pretty clear alternate interpretations: https://news.ycombinator.com/item?id=26613528
521.
by karpierz 6y ago
I believe that GP is talking about real world objects, like an NFT of a song, or a piece of art. The NFT doesn't enable you to enforce distribution of revenues in the real world.
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by karpierz 6y ago
You can't control the data being transmitted. The analogous process in the macro-world is: I take a red ball and a green ball and put them into identical looking boxes. I hand one to you and send you to Mars. Then I open my box and see
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by karpierz 6y ago
The core issue I've seen that goes unanswered is what problem does BTC solve? The answers I've seen so far are: 1. Avoiding Venezuelan hyper-inflation - it is a use-case, but doesn't really apply to the United States for exam
524.
by karpierz 6y ago
Thanks for pointing me to that term, I've been looking for a more succinct description for this.
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by karpierz 6y ago
This line of thinking falls into a common issue I have with evo-psych work. The paper proposes a mechanism that could select for intelligence, but doesn't provide evidence that the mechanism caused humans to evolve to be intelligent. I
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by karpierz 6y ago
They have the right to limit it in their territorial sea ( https://en.wikipedia.org/wiki/Territorial_waters#Territorial... ) but outside of that, their complaints are only valid if the pipelines would affect the state&#x
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by karpierz 6y ago
Isn't EEZ more about resource extraction (fishing, oil) rather than construction? I don't think running undersea cables for example would violate EEZ.
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by karpierz 6y ago
This isn't a study that shows that people's faces indicate their political leanings. It's a study which shows that pictures that people select to represent themselves publicly have features that indicate political leaning.
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by karpierz 6y ago
If you have 10 companies to invest in, each of which has a 10% chance to produce 20x returns, 90% of the engineers at these companies wouldn't really have users. Basically, if you think that software is feast-or-famine as an investment
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by karpierz 6y ago
A prime example of analytics driving games is Slay the Spire, where they would record every decision you made and outcomes in the game to better balance the experience and give the player interesting decisions. https://www.gamasu
531.
by karpierz 6y ago
> it rings true to me that, generally speaking, renters invest less in their homes and their neighborhoods and have less at stake in the outcomes of those neighborhoods/communities. Note that this isn't true in locations with a
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by karpierz 6y ago
If you want to start a discussion about the Arab Slave Trade and reparations for it, feel free. But in the meantime, please don't derail discussions about one atrocity with a meta-discussion about every atrocity and how those atrocitie
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by karpierz 6y ago
Do you not pay the loan back in Bitcoin? How would you exercise the 300% gain while also paying the loan back?
534.
by karpierz 6y ago
The original point was: "The idea that you can engineer yourself an addictive game is a silly concept." The rebuttal was: "this is literally what casinos do" The rebuttal to that was: "well, some casinos fail"
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by karpierz 6y ago
Do bars fail?
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by karpierz 6y ago
Out of curiosity, why did you cite a "deficit per year" figure for context, but provide a "cost per decade" figure for UBI?
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by karpierz 6y ago
Would you rather your teacher spent time writing problems or spent time coaching students through problems in person?
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by karpierz 6y ago
Ergonomics of using touch screen vs. mouse. Usage while walking/moving vs. sitting/standing at a desk.
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by karpierz 6y ago
How many iPhones can a dollar buy 20 years ago?
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by karpierz 6y ago
Anything is a monopoly if you define the niche narrowly enough.

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