maehwasu

21 ms·

151.
by maehwasu 8y ago
In the Philippines, people would think you were a massive loser if you achieved business success and didn't have mistresses.
152.
by maehwasu 8y ago
East Asians are self-aware enough not to flaunt their dealings to foreigners, since they know how up-tight foreigners are about such things. I've lived in Korea for many years, spent a lot of time in Japan, and do a lot of business in
153.
by maehwasu 8y ago
At the margin, people would begin moving to different states. The current system has some pros (which you enumerate), but also some massive cons in the form of high exit costs, since you're exiting the entire federal apparatus rather t
154.
by maehwasu 8y ago
The mental overhead of tracking compliance requirements (and finding service providers to meet them) dwarfs the monetary cost.
155.
by maehwasu 8y ago
"In the same vein, a stunning proportion of partners at VC firms graduated from a handful of tony universities, as if the seal on a person’s diploma were what indicated investing abilities. (Granted, the incidence of leveraged social c
156.
by maehwasu 8y ago
Correct. Western culture is probably the least materialistic of all major cultures (500M+ people).
157.
by maehwasu 8y ago
> On a tangential note, it would be amazing if the guild/union of authors collectively agreed that all books will be published anonymously for the first year, with the author's name only revealed after the first year anniversar
158.
by maehwasu 8y ago
He gets the "magical crypto guarantees" for 99% of his money, and only waives them for a small part that is "in-flight." This isn't at all different from the way many people separate their investments and savings ac
159.
by maehwasu 8y ago
Very true. Now do the inefficient capital allocations caused by inflationary monetary environments.
160.
by maehwasu 9y ago
Another huge reason is to prove concept and make sure you're not fooling yourself. If you can get others to put in large amounts, it's an (imperfect) indicator of a kind of traction. Musk probably doesn't feel like he needs t
161.
by maehwasu 9y ago
We rarely get to deal in certainty; life is mainly degrees of probability. It's very likely that the Obama campaign retained the data: I'd put it around 75%. Others have different assessments. Lumping all uncertain things into one
162.
by maehwasu 9y ago
It has some value. Not 30-70K/year value, particularly when the debt is non-dischargeable.
163.
by maehwasu 9y ago
This is a really good point, and it's also funny, because Sztorc claims (correctly) that PoS has a higher cost than thought, because of the opportunity cost of locking up capital. However, we see here that there are really social utili
164.
by maehwasu 9y ago
Yeah, the laptop user might actually break out and MAKE something. Quelle horreur!
165.
by maehwasu 9y ago
The really gross thing here is the insane moral hazard that universities represent in this feedback loop. Universities, particularly through the media, exercise strong influence over public discourse about education spending. They also bene
166.
by maehwasu 9y ago
If you replace "innovations" with "behaviors" you're on to something. OP is catching flak for the comment, but Filecoin and others are doing cool things exploring the possibilities of using incentives to drive massi
167.
by maehwasu 9y ago
Are you guys writing your own blockchain for the medical apps, or what is the point of this exactly?
168.
by maehwasu 9y ago
As someone in a similar situation, at much lower numbers, I can say this is likely primarily about tax optimization, with the optics being a nice side benefit. If you're fairly liquid and decently bullish on your company, then holding
169.
by maehwasu 9y ago
If you read the post, he spent $27K on two wedding ceremonies, and $10K on a huge trip (presumably his honeymoon). Actual "normal" cost was closer to $50K.
170.
by maehwasu 9y ago
Aka the other Canadian provinces.
171.
by maehwasu 9y ago
They're not the fundamental constraint in work output differences. IQ/ability gaps matter way more than they do in programming than they do in construction work.
172.
by maehwasu 9y ago
It turns out, shockingly enough, that there are many situations in which government creates problems. If a poster lays out his/her reasoning as to WHY the government is the problem in a specific instance, simply yelling "libertari
173.
by maehwasu 9y ago
An anti-pattern that I see on HN is very smart people spending lots of energy thinking of all the ways that something can't work. Whenever you have a tough problem, there are usually only a couple ways it can be solved, and infinite re
174.
by maehwasu 9y ago
> In my view, we should let academia develop the protocols, and let companies deliver the basic tools (such as hardware). This makes sure that innovation happens in a way that people find useful (not serving advertisement/shareholde
175.
by maehwasu 9y ago
I made a bet with myself that the top comment on here would be a very intelligent person using said intelligence to argue all of the reasons why none of the (excellent) advice in the article was applicable to him/her. I won the bet.
176.
by maehwasu 9y ago
Shockingly, it turns out that there are people in Venezuela and Zimbabwe who have demand for unconfiscatable/uninflatable stores of money beyond daily transactions.
177.
by maehwasu 9y ago
Was just about to link to this. I'd also mention that gold confiscation was heavily used by the Nazis. Gold is great as a store of value when things are good, and incredibly shitty when your government turns on you.
178.
by maehwasu 9y ago
I know plenty of people with jobs that supported them just fine who were able to acquire a lot of bitcoin early. Most of them abandoned it, and it had nothing to do with privilege or immediate need.
179.
by maehwasu 9y ago
I do; want to come and hang out on my compound?
180.
by maehwasu 9y ago
Bank 2.0 could also run its ledger of debts and credits on a public/easily auditable blockchain, and make a lot of guarantees that Bank 1.0 can't.

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