natrius

76 ms·

691.
by natrius 13y ago
If some of the split states will have money but others will have water, that sounds like a problem trade was invented to solve.
692.
by natrius 13y ago
When I avoid carbs, I lose weight. I don't get cravings for the foods that normally led me to overeat. It's an anecdote, so feel free to take it with a grain of sugar, but Taubes and Lustig improved my life a great deal.
693.
by natrius 13y ago
What if eating fructose makes you eat more? That has certainly been the case for me.
694.
by natrius 13y ago
Communities don't have rationality. People do. If you're going to question my rationality, the least you can do is argue your case.
695.
by natrius 13y ago
Governments will likely try to legislate Bitcoin out of the market, but I doubt they'll succeed. In a democracy, it's easy to make something that's used by a small number of people illegal, but if plenty of people are already
696.
by natrius 13y ago
I think the Fed plays an important function, but I also think that paper money won out over gold only because it was much easier to spend and verify. Otherwise, gold's track record as a store of value is clearly better. I think Bitcoin
697.
by natrius 13y ago
According to their metrics, Bitcoin isn't just ahead in growth rate, it's ahead in the raw number of repositories. That is shocking to me.
698.
by natrius 13y ago
"Second, it's pulling a subtle slight of hand--the goal of airport security is NOT to reduce terrorist casualties overall. It is to reduce violent attacks of any kind on airplanes, specifically." Since cockpits are now near
699.
by natrius 13y ago
This is the biggest practical flaw I've understood so far, but it still seems fixable. If Bitcoin becomes uncompetitive with traditional payment systems and mining activity decreases, miners could collectively decide to alter the minin
700.
by natrius 13y ago
This is an excellent point. I'm curious to see how that pans out. My guess is that since Bitcoin transaction fees are supposed to be set by the market, they'll stay competitive. If mining is unprofitable at the rates credit cards
701.
by natrius 13y ago
I'm taking about cash. For cards and digital services, the Bitcoin advantage is near zero transaction fees.
702.
by natrius 13y ago
Django's models are entirely fancy metaprogramming behind the scenes. When it works, it works, but the code that implements it is not easy to understand by any means. Django models are definitely more self-documenting than Rails models
703.
by natrius 13y ago
My current answer to that question is that any industry that relies on trust could be structured in this way. If DNS were implemented on a blockchain, purchasing that chain's currency would be betting on increasing demand for that chai
704.
by natrius 13y ago
When gold was the primary currency, there were interest-bearing gold deposits. When paper currency was pegged to gold with full convertibility, interest-bearing currency deposits were effectively interest-bearing gold deposits. When Bitcoin
705.
by natrius 13y ago
I think the most likely outcome is that governments will become the largest miners to secure blockchains. The security of a blockchain is a public good. There's no need to regulate computing capacity when you have the power to tax enou
706.
by natrius 13y ago
I'm referring to price inflation. You seem to be referring to monetary inflation. Less dollar use will lead to fewer dollar equivalents in circulation, but prices in dollars will go up because people will value them less.
707.
by natrius 13y ago
Good point. I think the debit card replacement angle is much more attractive than this one.
708.
by natrius 13y ago
None, but it's important to remember that currency is wishful thinking. The value of a non-commodity currency is what people believe it's worth. Trends in the public's beliefs about currency are incredibly significant.
709.
by natrius 13y ago
Agreed, but I think both the computational attacks and miner collusion are on a similar level of difficulty as printing passable counterfeit dollars.
710.
by natrius 13y ago
You can hand me dollar bills, but how many dollar bills do you have? I just counted. I have $36 in bills in my possession. I should to go to the ATM today to get more in case I run out. Eventually, Bitcoin will be similar in that most of ou
711.
by natrius 13y ago
I'm not talking about a hypothetical doomsday scenario. Bitcoin is the crisis. The idea that holding Bitcoin is a better idea than holding dollars is spreading. The more it spreads, the higher the value of Bitcoin will be, and the lo
712.
by natrius 13y ago
USD and BTC are very easy to interchange. I see no difference between the dollars in my wallet and the Bitcoin in my e-wallet from a spending perspective. I'd spend my Bitcoin at any merchant willing to accept them. I think their value
713.
by natrius 13y ago
We weren't in imminent danger of hyperinflation. I think mass adoption of Bitcoin will cause hyperinflation. If every merchant you patronize today accepted Bitcoin, would you rather have Bitcoin in your bank account or dollars? I&#x2
714.
by natrius 13y ago
He claims that the ability to pay taxes in dollars and the Federal Reserve's willingness to buy up dollars to maintain their value places a floor on the value of the dollar. I disagree. In a crisis of confidence in the dollar, both fac
715.
by natrius 13y ago
Ignore the flamebait headline. The distinction Krugman makes between positive and normative economics is a useful one. On the positive side, I think Krugman and DeLong are overestimating the strength of the floor for the value of a dollar.
716.
by natrius 13y ago
Yes, let's start a land war in Asia against a country with nuclear weapons and an arsenal of conventional weapons pointed at the people of Seoul. Feel free to define "rescuing the entire country of North Korea" if you feel I&
717.
by natrius 13y ago
I thought this was going to be a Kickstarter for a community pottery kiln in Brooklyn, which felt very Brooklyn to me. This works too.
718.
by natrius 13y ago
Plus, there are some things that I don't believe can be taught effectively in college. Stanford told me tests were good, but I didn't really believe it until I had to work on a legacy codebase without tests. Best practices are eas
719.
by natrius 13y ago
Tinfoil hat territory was granted statehood a while back, in case you weren't paying attention. I don't understand your willingness to underestimate our government's abilities to mislead the public.
720.
by natrius 13y ago
I'm confused as to why Uber's justification matters. If surge pricing seems unjust to you, don't pay surge prices. Use a competitor, like taxis or your bike.

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