kravens_last

4 ms·

1.
by kravens_last 3y ago
The tragedy of the commons. We are in the early phases of a recession. The tech-cession is already in full swing. Inflation is through the roof. There are very few jobs hiring relative to layoffs. Every optimization, no matter how stupid,
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by kravens_last 4y ago
"Uncanny valley" is actually the opposite of what you mentioned. The uncanny valley hypothesis predicts that an entity appearing almost human will risk eliciting cold, eerie feelings in viewers. For CGI and things that have visual
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by kravens_last 4y ago
WeChat succeeds because it's a state sponsored monopoly. It would not have existed in a free and mature market in any western capitalist style economy.
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by kravens_last 4y ago
Alluded to a Saudi hire of some sort.
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by kravens_last 5y ago
This is true, but the flaw in your reasoning, and in the raison d'etre of NFT's in general, is that social consensus is the be all, end all. There isn't really the problem of acquiring a 100% perfect copy of an asset in the r
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by kravens_last 5y ago
> not everyone buys Crypto to sell in a week and make more USD True. Recent price action seems to suggest that people actually may end up with less USD.
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by kravens_last 5y ago
> I personally believe that bitcoin's volatility is not by design and will not last forever. If the entire premise of bitcoin's valuation is an open market exchange based on supply (finite and fixed) and demand (variable), then
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by kravens_last 5y ago
Would you rather stably losing purchase power at a predictable pace over time (fiat) or exponentially unstable purchase power in perpetuity (bitcoin)?
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by kravens_last 5y ago
> But what is the platform used for? Converting energy into human comfort, or just another layer of financial engineering? This is essentially the "problem" at heart of all crypto "currencies". There is no real world
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by kravens_last 5y ago
It's not an issue of simply having scams. The issue is that, by its very nature, the ratio of scams to legitimate functional work is likely 1 million to 1, and the entire ecosystem does not only revel in this, but actively encourages
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by kravens_last 5y ago
Elon may be a negative press magnet, and Tesla may not be a perfect vehicle, but for a company to go from concept car being made fun of on Top Gear to the car I see most on the street here in my city (more than corollas and camrys even), is
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by kravens_last 5y ago
You're probably completely unaware that the excessive money printing (quantitative easing) you seemingly blame on democrats was proposed and initially implemented by by a Bush appointee (Bernanke) and then more recently and more famous