mbesto

49 ms·

901.
by mbesto 4y ago
> Incentives should be aligned with the societally-beneficial behavior. Interestingly you've ignored all of the societal benefits of subsidizing education for all of society's participants. > The world would be a better plac
902.
by mbesto 4y ago
> It only matters when billionaires convert that paper into food, housing, jets, etc, for themselves does it actually affect anyone. Fair point. One thing noting is that overall asset value isn't always directly converted to product
903.
by mbesto 4y ago
Just like when they automatically added the U2 album to everyones phone? Apple isn't immune.
904.
by mbesto 4y ago
Adoption != technical capability. The OP is talking about adoption.
905.
by mbesto 4y ago
Super interesting, however you need an option for "this company commercially backs this repo so there is no need to donate". Let's be honest, it's hard for me to justify giving a developer at Facebook who makes $500k&#x2
906.
by mbesto 4y ago
(1) Most forums are pseudo anonymous. You happen to be on one right now. > People are a lot more open when they're not worried about being watched. (2) This is a very "techie" take. Facebook has proven most people don&#x27
907.
by mbesto 4y ago
I don't disagree with that notion, however none of this which would show up on a site like Looria, which is the contention posed here.
908.
by mbesto 4y ago
Yes and no. Certain categories seem like they would be impossible to astroturf, or at least the brands in those categories wouldn't know the ROI on doing an astroturfing campaign. Two randomly cherry picked categories: https:/&#x
909.
by mbesto 4y ago
Totally. So what's the advantage of using crypto over a bar of gold then?
910.
by mbesto 4y ago
The difference is the following: Scenario 1 [S1]: I have $120,000 in cash. Scenario 2 [S2]: I expect to make $120,000 in cash over 12 months, equally once a month On Day 0... S1 - I have two choices: put all $120k in the market ("lump
911.
by mbesto 4y ago
> Whether I start with the whole pot or not is of no consequence. Do you get paid your salary a whole year in advance? No. Thus this distinction is important. As noted in the wikipedia article above the rationale for this has to do with
912.
by mbesto 4y ago
Gold bars are technically "decentralized". No one controls the supply (e.g. there isn't a sovereignty that creates/destroys them), and I can technically just dig them up out of the ground.
913.
by mbesto 4y ago
Ding ding. You found the point.
914.
by mbesto 4y ago
It's much easier to fake the initial activity, then start to have "real" users pile on. The only value I created in my ICO was that I created fake demand and the lemmings followed.
915.
by mbesto 4y ago
> Firstly I don't understand who you are "answering" to, the GP didn't talk about Market Cap as a relevant metric. No but they were clearly refuting the alternative suggestion (nodes) was game-able. That was my point.
916.
by mbesto 4y ago
Answer (0 yr crypto dev & veteran): I start a new coin call $FOO. I release 1,000,000 coins. I sell one coin to a friend for $1,0000, and keep the remaining 999,999 coins for myself. The market cap is now $100M. > Number of nodes is
917.
by mbesto 4y ago
> Psychedelics can help to show the way, not to solve it. The best way I had it described to me is: Psychedelics are microscopes, not panaceas. A trained psychiatrist is the panacea.
918.
by mbesto 4y ago
Ya, I'd like to understand this too. How do you manage this? And do obese people generally have this problem (hence the correlation, but not causation)?
919.
by mbesto 4y ago
> the method is, as parent wrote, sustainable and has no place in a supposedly stable economy. But isn't the parent's point that if SoftBank is losing money, that it'll eventually correct itself?
920.
by mbesto 4y ago
Whatever drug the anti-war crowd was going to use was going to get banned by Nixon. “You understand what I’m saying? We knew we couldn’t make it illegal to be either against the war or black, but by getting the public to associate the hipp
921.
by mbesto 4y ago
I'm building a service to create a forum, a la HN style, for service incidents. If you're interested in getting early access - get in touch here: hello@awareops.com
922.
by mbesto 4y ago
Over 50 years, the difference is even more striking. After accounting for inflation, home prices have jumped 118% since 1965, while income has only increased by 15%, according to a separate report by online brokerage Clever Real Estate, ba
923.
by mbesto 4y ago
The point was to illustrate that a rise in home prices with stagnating wages, means the effective tax rate for an individual will only get worse under Texas's system, hence, regressive. Whether it's at that tipping point right no
924.
by mbesto 4y ago
You need to read the detail. If your home's value outpaces your wage increases (on an absolute basis, not for a like-for-like percentage), then you could pay more as a % of your income in TX than CA. Let's say you bought a house f
925.
by mbesto 4y ago
> Nearly all of this is accounted for by property taxes and is really only true in specific locales (Austin). Most of the rest of Texas the overall tax burden is lower than you'd have in other states. Is it? My understanding is that
926.
by mbesto 4y ago
> And if "water-cooler talk" and in person collaboration really is that much more effective, then you are still reducing the capacity for that happening by 40+% or more by letting employees work from home 2 or more days a week.
927.
by mbesto 4y ago
> Hybrid models will always struggle and 1/3/1 is going to be probably the best you can do. I think you should elaborate on why the hybrid model is a struggle, I personally don't see it as one.
928.
by mbesto 4y ago
This is basically the one thing that no one ever teaches you but is arguably the hardest part. I think Steve Blank's Customer Development Manifesto nails it on the head: https://growthorientedsustainableentrepreneurship.file
929.
by mbesto 4y ago
Good analysis. If the Gov was bringing in ~$85M/year, that seems like a solid amount of operating budget to support it technically/operationally.
930.
by mbesto 4y ago
Yup, that was my point. The OP thinks "we already have this in the US" and its not nearly the same.

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