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murbard2
searching PlanetScale…
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81 ms
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661.
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murbard2
12y ago
I'd like to see a magnetic near field adapter: no holes, no plugging. Call it an asexual connector?
662.
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murbard2
12y ago
Yes, we do have that technology, yes it's Wikipedia, yes it can be distributed, no that doesn't require a blockchain nor particularly benefit from one.
663.
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murbard2
12y ago
1) Sure, some operations are commutative and compatible, and you can import them from one branch to another, but in the general case, they aren't 2) Same thing that happens currently on Wikipedia. There's a set of rules that deter
664.
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murbard2
12y ago
Not all taxes have this effect. A land value tax, a poll tax, a value added tax, or a wealth tax do nothing of the sort. Income tax, corporate tax, capital gain taxes are some of the worst, most distortive taxation schemes. But taxation isn
665.
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murbard2
12y ago
It could but it would be an unnecessary hurdle, because there is no need for a global consensus on a single version of the encyclopedia. Think of it as a git tree, and checkout the branch you like. With a currency, it's imperative that
666.
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murbard2
12y ago
My native tongue is French, where it is "règle et compas", I translated règle tu ruler, but added straight in front vaguely remembering that the English expression had the word "straight" in it.
667.
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murbard2
12y ago
Yes, I meant straight edge, sorry I had an ESL moment.
668.
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murbard2
12y ago
Folding a third is not nearly as impressive as angle trisection, which is impossible with a straight ruler and compass, but possible using origami. http://en.wikipedia.org/wiki/Angle_trisection#Using_origami
669.
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murbard2
12y ago
An argument pro underscore: they can be displayed with 50% transparency, making them visible, yet not interfering with the reading of the identifier as much.
670.
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murbard2
12y ago
Actually no, that assumption did not go in the pricing models. The key assumption that people got wrong, was the correlation between the risk of default of different borrowers. A single value was used for the middle of the distribution and
671.
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murbard2
12y ago
There was no trend in MBS. What you had was - a regulatory environment encouraging subprime loans - high yielding securities which were rated as AAA (by a legal oligopoly of bond rating agencies) and thus could be used for bank reserves - a
672.
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murbard2
12y ago
Nice story, except the 2008 crisis happened in subprime mortgages backed securities, for which there were no such strategies. What you're describing sounds a bit more like the 1987 crash, which was linked to portfolio insurance strat
673.
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murbard2
12y ago
Because even large trusts are still competing with each other. If the funding process within an organisation becomes too political, it will shrink. In general, a large corporate entity has good governance from the mere fact that it succeede
674.
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murbard2
12y ago
That's a fair criticism. You point out that capital will not flow towards investments who are difficult to value, or investments which are hard to extract value from. I don't think the first point has merit. Any new venture is int
675.
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murbard2
12y ago
The only place you can criticize the (weak) efficient market hypothesis from is atop a pile of money. Where is it?
676.
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murbard2
12y ago
You're right of course, these aren't stated assumptions which is why I mentioned the subtext. I could of course be reading Stross's intentions wrong, but given what he's written before, and given how widespread those ass
677.
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murbard2
12y ago
The market's horizon depends on the world's population time preference and risk aversion as a whole, not on the whims of venture capitalist. Why? Because arbitrage. If the world as a whole has a low rate of time preference and ris
678.
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murbard2
12y ago
I mostly agree with the axioms as stated, but there's an obvious subtext that is more questionable and that carries a few unstated assumptions - Democracy, or more generally giving political power to the people is a good thing, maybe a
679.
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murbard2
12y ago
Then other companies offering other services can be created, there's no shortage of what the savers might want to do with their money once they start spending it. I think having a high savings rate, all else equal, is actually a boon.
680.
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murbard2
12y ago
In which category do you think the question of how privacy should be managed between websites and their customers, across all kind of business models, all types of customers, and all sorts of data fit? A complex situation that needs context
681.
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murbard2
12y ago
You probably didn't mean to reply to my post which is about the effect of savings and consumption on economic activity, but I'll address the points nonetheless. Insurance companies who sell annuities are have credit ratings, and s
682.
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murbard2
12y ago
Why? Those savings are lent out to companies who produce the goods that will be consumed by these retirees when they start spending their savings. A lot of savings simply means an economy oriented towards the production of future goods.
683.
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murbard2
12y ago
The discussion was started by Tepix which referred to pride. And no, merely being American does not give you credit for Google. For most people, it's very hard to know if they've made the environment better or worse for Google.
684.
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murbard2
12y ago
This is severely misguided. If you're Tim Berners Lee, then yes, Google success could be a source of pride, because you enabled the success of this company by inventing the web. If you were one of Larry Page's professor, then mayb
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murbard2
12y ago
You're completely missing the point. The message I'm responding to says: "So why shouldn't Americans take a little credit for Brin's success?" I'm not saying that living in America had nothing to do with i
686.
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murbard2
12y ago
Because they overwhelmingly had nothing to do with it.
687.
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murbard2
12y ago
I was wondering if they even did the validation properly on the Internet facing side. Turns out they don't, wow.
688.
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murbard2
12y ago
Why is Superfish getting all of the heat, while Komodia gets comparatively very little? A product that injects ads in your web traffic is crapware, but the scandal here isn't that superfish was crapware, the scandal is the security hol
689.
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murbard2
12y ago
Make that methanol. It can be produced very cheaply from natural gas, it's easier to store and distribute, and you can even use it in existing casr with a fairly cheap conversion.
690.
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murbard2
12y ago
I took this course ten years ago with Didier Remy, I was very disappointed. First of, the course was called "Operating Systems", and I was expecting subsetting like the Tannenbaum, explaining the theory and practice behind kernels
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