naveen99

55 ms·

961.
by naveen99 5y ago
We have logic that requires inconsistent facts to be split into truths and falsehoods. truths propagate, falsehoods self destruct.
962.
by naveen99 5y ago
the main type of free speech I care about is facts and logic. opinions and faith based speech is less important IMO. So we should be able to say this happened (if it really did). Or there are 10 houses on that street (if there really ar
963.
by naveen99 5y ago
Agreed. It’s another reason to not complain about income and wealth taxes either if you are good at capital allocation and business in general. taxes drive people who aren’t good at business out of business faster. they take Capital away
964.
by naveen99 5y ago
> How do we know that this demand for dollar assets is irrational? Because the returns the foreign sector gets from the US is too low in comparison to their own investment opportunities domestically. I like your general analysis. But mu
965.
by naveen99 5y ago
Children and the very old can’t work at all. So the youth in the middle have to do the work if they ever expect to make it out of childhood and into old age. how could it be any other way ?
966.
by naveen99 5y ago
India (and a lot of the rest of the 3rd world more accepting of English) could leapfrog China (and other my language only, no thanks English countries), with remote first work.
967.
by naveen99 5y ago
private equity should get a boost if public companies are going to be forced mark to market for billionaires.
968.
by naveen99 5y ago
Cryptographic custody of power is important to make sure power is wielded by the people designated to have power by the market. crucially this power can then be anonymous. Makes capture the flag much more difficult for rogue outsiders (ou
969.
by naveen99 5y ago
Now just make the sequoia publicly traded like blackstone.
970.
by naveen99 5y ago
Before covid and normalization of remote work, I couldn’t afford a quality on-site programmer. With covid I was able to hire a better quality remote programmer for a lower cost. Work is now getting done that was not happening before. Ther
971.
by naveen99 5y ago
Interesting that while hackernews, wsb were heavily downvoting DWAC on day 1 of trading, Bloomberg had several articles on it. Matt Levine and the markets are too important to censor thankfully. If Robinhood, tdameritrade, fidelity , nas
972.
by naveen99 5y ago
using lotteries instead of merit is a one futile attempt to keep the cream of the poor, poor. But it doesn’t really matter. School is mostly glorified daycare anyway. top rare percentage are top and rare by definition, and will get found b
973.
by naveen99 5y ago
Maybe they’ll just start issuing their own stocks instead, like Trump / truth social / DWAC !
974.
by naveen99 5y ago
I mean Snoop dog is a vc now.
975.
by naveen99 5y ago
well you can't buy calls or sell puts on bitcoin any other way with the same money as in your brokerage. MSTR had too much fluctuation in the premium.
976.
by naveen99 5y ago
Kind of ridiculous that we may have an ETF on #bitcoin futures tomorrow without options on bitcoin futures on major retail brokerages. The princess lives in another castle ! Paging Vlad and Baiju.
977.
by naveen99 5y ago
Still no options on bitcoin futures on tdameritrade. Nothing to see here. your princess is in another castle!
978.
by naveen99 5y ago
The irony of law abiding vigilante drivers beating up regulation abritraging drivers
979.
by naveen99 5y ago
Money flows to the us when it’s felt to have the best use for the capital. Money will flow back to the creditors when they have better use of the capital themselves.
980.
by naveen99 5y ago
Good luck running society without professionals. how do you propose to distinguish the best from the not so best of the labor class, if to just call them to do overtime because the others didn’t show up for work. And who will call them to
981.
by naveen99 5y ago
Most etf’s have options which is something that hasn’t been available in the same brokerage account as all other money. Also my retirement accounts don’t allow GBTC but they might allow these etf’s ? Also physical delivery can be arranged
982.
by naveen99 5y ago
Just become more like cricket. People want to see their favorite batters bat more.
983.
by naveen99 5y ago
Real interest rates are more useful when trying to decide to leverage or delever. Will real interest rates stay negative ? I think they will. Inflation can be more easily contained with globalization than with higher interest rates.
984.
by naveen99 5y ago
Incidentally, this is the reason that self custody of wealth (power) that bitcoin enables anonymously is important. In a ww3, the us could simply take out the ccp leadership. But in a decentralized capitalistic society run by anonymous bi
985.
by naveen99 5y ago
There is some self selection. Some of the Europeans who want to make more maybe moving to the us. Same with india being 5-10x lower salaries. Tangentially I offered to double an engineers salary in india to quit his job and work for me re
986.
by naveen99 5y ago
India should just unban tiktok and bitcoin to / from INR conversions. Also clean up the water supply (setup municipal water treatment plants) so we can have some Golguppe without getting sick. And then all will be well.
987.
by naveen99 5y ago
The people who benefit from bitcoin and who have a usecase for bitcoin (self custody of billions) are beyond regulation.
988.
by naveen99 5y ago
Inflation + capital gains taxes are similar to a wealth tax.
989.
by naveen99 5y ago
you are severely underpaid for someone with > 2000 karma on hn. Someone here should offer you a better paying job.
990.
by naveen99 5y ago
Just think what a school district run by blackstone would do, ESG style. people look for proof of altruism, like they look for proof of burn (remember ethereum distribution and hashcash aka Bitcoin ). I mean if you can’t afford ESG… DYEL

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