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m_ke
searching PlanetScale…
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27 ms
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361.
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by
m_ke
5y ago
Good talk about one of their recently published studies https://www.youtube.com/watch?v=sJLK3sVexIk
362.
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m_ke
5y ago
I work in deep learning and had to camp out in front of a best buy to get my hands on some 3090s. A good portion of the people in line with me were crypto miners who were waiting to get more GPUs to add to their collection because they'
363.
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by
m_ke
5y ago
It has been a gold rush for all startups, especially late stage. (see: https://www.economist.com/sites/default/files/images/2021/11... ) I wouldn't use valuations as a signal of traction.
364.
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by
m_ke
5y ago
The money would trickle up then to things in highest demand! But I didn't mean giving people cash to spend on random goods. It would have to be a system that prevents them from using it on personal projects and probably something organ
365.
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by
m_ke
5y ago
VCs invested $146 billion in US based startups in 2020, that's around $500 per citizen. We'd be much better off giving each American $500 democracy dollars to invest in projects / businesses of their choice.
366.
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by
m_ke
5y ago
The post I was replying to was asking why some VCs are pumping so much money into crypto. I'm not characterizing all crypto supporters as libertarians, just the VCs who pretend that they're investing in it because they want decent
367.
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m_ke
5y ago
1. Because it's a ponzi scheme and they get to get in on the ground floor. See: https://mobile.twitter.com/intangiblecoins/status/1473302581... 2. Because they're rich libertarians who see crypto as a wa
368.
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m_ke
5y ago
Open food facts is an example of an open database that doesn't need snake oil to thrive. If you really want to decentralize access to data then the focus should be on open source and publicly available data dumps. https://wo
369.
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m_ke
5y ago
Yeah I just meant the national (polish) press. I thought fox news was bad but visiting relatives in Poland it was wild to see how much stupid propaganda TVP is spreading.
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m_ke
5y ago
And polish press is covering this as "George Soros funded Citizen Lab, we should follow the money!" https://www.tvp.info/57610595/pegasus-george-soros-sponsoruj... full translation: """ Brejza&
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m_ke
5y ago
He's the Jordan Peterson of tech, profound sounding with zero substance.
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m_ke
5y ago
A few related things that I just watched last night: Opioid Tragedy: Inside the Fentanyl Crisis | Ten Dollar Death Trip | ENDEVR Documentary: https://youtu.be/Dfv_tISYl8A The Solution to the Opioid Crisis | Joe Rogan &
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m_ke
5y ago
Using the media and think tanks to manufacture consent and push their narrative like the Koch brothers did. https://www.businessinsider.com/koch-brothers-fortune-power-...
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m_ke
5y ago
It’s a dystopian vision that would make the internet worse for 95% of its users. Only thing it would do is bring the worst attributes of the physical world into the digital one. People arguing that it could be a counter to the centralizatio
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m_ke
5y ago
Markdown in bear
376.
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m_ke
5y ago
Better version of the article: https://www.icij.org/investigations/pandora-papers/how-a-bil... Also the CEO talking about how they bet on single family housing because they expected millennials to be priced out fr
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Block used to be for first-time homebuyers. Then global investors bought in
(washingtonpost.com)
5 points
by
m_ke
5y ago
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1 comments
378.
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m_ke
5y ago
https://www.cjr.org/analysis/andreessen-horowitz-silicon-val... https://www.npr.org/2021/06/25/1010066447/stung-by-media-cov... https://www.wfmz.com/news/pr_new
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m_ke
5y ago
You know tech is entering the Koch stage when all of the VC firms start turning into media empires.
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m_ke
5y ago
Gives late stage VCs a way to dump their fail whales on the public market and cash out before they fail.
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m_ke
5y ago
How can you take his technobabble seriously?
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m_ke
5y ago
Yeah I got stuck running a startup solo and would lose a ton of sleep stressing about any possible unknown unknowns on the accounting and legal side, reading through a few business law and accounting / bookkeeping books really helped e
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m_ke
5y ago
Same thing happened to me at Columbia, I was paying 10K a year until my senior year when they randomly decided that I didn't qualify for any aid and was forced to take out a 60K loan to finish my degree.
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m_ke
5y ago
Another option is to cap loans and financial aid at like 10K/year and force all of the schools to adjust.
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m_ke
5y ago
Affirm? https://www.affirm.com/
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m_ke
5y ago
I'm not questioning that there are great engineers working on crypto, there are amazing engineers working on ad tech and high frequency trading too. Just like those examples I'd assume it's mostly because it's an interes
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m_ke
5y ago
I know plenty of people, including friends who got filthy rich on crypto, but I still haven't seen a single interesting use case of crypto that's not mindless speculation. You have an easy way to win the argument, a simple proof b
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m_ke
5y ago
I don't know any serious developers nor scientists who have are bullish on crypto. Only developers I know who are into it spend most of their time hyping up their next rug pulls.
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m_ke
5y ago
Because it's a ponzi scheme that will probably end up getting to the "too big to fail" stage before the music stops. All of these new blockchain schemes like ICOs, NFTs and web3 are just a way to recruit new segments of the p
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m_ke
5y ago
There's actually a good book by Dale Carnegie with the same title that has some great advice. It's called "How to Stop Worrying and Start Living" and the audiobook is available on youtube: https://www.youtube.
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