nugget

85 ms·

511.
by nugget 9y ago
I am a fan of Ethereum but I wish they (and other alt-coins) would be honest about the fact that there is very much a central authority at work; in Ethereum's case, it's a small network of developers and mining pools. That's
512.
by nugget 9y ago
I own ETH as well but let's be honest it's mostly about speculation at this point (see: the GNOSIS launch today). I'll be a lot more confident when I see a draft of a sustainable proof of stake system and a few major commerc
513.
by nugget 9y ago
If you want a single index fund that you can buy and hold, and never worry about again, SPY is one of the best. Even Warren Buffet has endorsed this approach many times. If you're willing to spend 15-30 minutes per month managing fina
514.
by nugget 10y ago
What if widespread non-compliance with corrupt, unfair, or antiquated laws is one of the natural means by which people apply pressure to "try to change" them?
515.
by nugget 10y ago
Increasingly, if you're a police officer who interferes with a citizen who understands their Constitutionally-protected rights to film you (even if you disagree with those rights), you can expect some trouble. Video recording of encoun
516.
by nugget 10y ago
> to ensure that no one entity or small groups of entities has control over the network. Why is this necessarily a problem? I think the hard forks in both BTC and ETH have shown that there is an inherent "appeals" process no m
517.
by nugget 10y ago
I don't doubt the underlying blockchain technology will continue to scale but my question has always been the lock-in effect of Bitcoin and other existing crypto-currencies versus new entrants. As the major banks, payment processors,
518.
by nugget 10y ago
You can tell Buterin is really smart (and focused) within a few minutes of talking to him about Ethereum. He showed up a few minutes late to an event I helped coordinate. Given his personality, I just assumed he had been off somewhere los
519.
by nugget 10y ago
> It punishes site owners for running malicious or badly-behaved ads. There's no way that Google can effectively be police, judge, jury, and executioner all at the same time, given their own massive conflicts of interest.
520.
by nugget 10y ago
Anyone who wants to learn more about passive index investing should check out Bogleheads (bogleheads.org). My second favorite forum after HN.
521.
by nugget 10y ago
Full stack web development, growth hacking, lead generation/user acquisition, on- and offline marketing and entrepreneurship in general. I have half a dozen close friends who dropped out of high school and/or college and used the
522.
by nugget 10y ago
Lots of automation-resistant jobs require "cleverness" which is different than intelligence, and isn't much taught in school anyway.
523.
by nugget 10y ago
You could allow (trusted) players to customize rooms and objects with an in-world accessible Lua layer similar to how LPMUDs used LPC. That would be pretty cool. MUDs taught me how to write creatively, but not how to code; in the future t
524.
by nugget 10y ago
> there is no enumerated entitlement of what you will receive out of SS What do you base this statement on? The Federal Government enumerates the exact formula used to determine future social security benefit payments, even for people 4
525.
by nugget 10y ago
16x mature revenue, sure. But if revenue is growing 20% month over month, then what? I see pure talent acquisitions (no tech, no site, no brand) once a month for >$500k/head. Here the founder is a course 6 (CS) MIT grad, obviously
526.
by nugget 10y ago
Could the site have continued to grow massively month over month for the next few years? If so, the founder probably would have earned more money independently. The HN audience is large, but it's not infinite, so growth could have st
527.
by nugget 10y ago
Your numbers are low. They didn't buy a suburban lawn care business. I'd ballpark >$1m up front and >$250k annual comp with upside going forward, in some mix of cash and stock. Great move by Stripe. Congrats to Courtland
528.
by nugget 10y ago
Social security is a pension program with contributions made from salaries, and future benefits based on the amount of contributions and age at retirement, as opposed to need. There are other programs administered by the Social Security Adm
529.
by nugget 10y ago
Active managers play a critical role in price discovery. We have traditionally had, and definitely still have, far more active managers than needed, but some number of them must survive in order to have a healthy market. Sometimes we lose
530.
by nugget 10y ago
Bank of America Travel Rewards is about 2.6% back in points that can be used to offset future travel expenses (airline and hotel). You have to qualify for BOA's highest tier of service, but this can be done by keeping $100k in a broke
531.
by nugget 10y ago
Yes, I had the same realization and now try to view "US Dollars" as a Government run loyalty program, and accumulate cash-back dollars instead of relatively less valuable airline miles. But the psychological amplification of an a
532.
by nugget 10y ago
Women don't negotiate comp as often as men do. They leave money on the table. It's somewhat of an open secret among execs who have managed large teams inside these companies. Absent a cultural shift among women to ask for more
533.
by nugget 10y ago
What does "family friendly" mean? It's unclear from your post. Does he want to work fewer hours but get paid more money, or does he just want more flexibility to schedule his hours?
534.
by nugget 10y ago
Plastics is likely dragged down by a significant number of academic surgeons. Anyone doing a high volume of elective cosmetic procedures would laugh at these numbers. Derm likely reflects the number of hours worked, which is lower than oth
535.
by nugget 10y ago
You should put some contact info in your profile so people can reach out to you directly.
536.
by nugget 10y ago
A note to founders out there working with a heavily open source influenced stack: take a few hours to read through and really understand the history of these licenses and how they work. It's likely to come up in fundraising and m&
537.
by nugget 10y ago
Alternatively you could have accrued the salary deficit as convertible debt that would roll into the next funding round, at a discount -- which is a bit more anchored than estimating a 1% chance of exit at $600M valuation (if you were serio
538.
by nugget 10y ago
You still have the friction of getting 80,000 people to set up and maintain a payment method of some kind. The perceived insignificance of a few cents per article could both help and hurt the establishment of this.
539.
by nugget 10y ago
A job is the means by which you convert human capital to financial capital. If taxes are raised on direct compensation, this conversion becomes less efficient. Talented executives would likely exploit opportunities to earn stock at artifi
540.
by nugget 10y ago
Modern Russian history is fascinating in this regard. In just the last hundred years (the Tsar was deposed in March 1917) they've moved from oligarchy to communism, revolution, blood shed, fanaticism, rebellion, the (relatively peacef

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