nugget

65 ms·

691.
by nugget 10y ago
Maybe you can answer one persistent question I've had about Ethereum contracts. My understanding is that you can encode logic in the contract so that you and I can, for example, gamble on the outcome of the Superbowl and the contract
692.
by nugget 10y ago
It seems to me that the middle/upper middle classes moving from defined benefit (old school pension plans) to defined contribution (401k plans) was a chance for them to build up (and learn to sustainably manage) real capitalistic wealt
693.
by nugget 10y ago
We can have either basic income or open borders/mass immigration -- but I don't see how we can have both.
694.
by nugget 10y ago
I remember when the scandal first broke I asked a friend whether he thought Snowden had truly tried to follow proper whistleblowing channels before going rogue. To which my friend replied, ''Do you really think the NSA would have
695.
by nugget 10y ago
I agree but I think it's more along the lines of ''we will tax you'' than ''we will shut you down''. Once the Gov starts to make money from you then you've turned them into a business partn
696.
by nugget 10y ago
I didn't mean to imply they had a Windows-like monopoly. I do think there are some real network efforts around driver and rider density (especially if pool takes off). I think they settle somewhere in the middle between monopoly and
697.
by nugget 10y ago
What city do you live in? I've traveled all over the US in the past year and haven't experienced this. I can imagine in a relatively remote, low-density city with sub 50k population it could become an issue at the most off-peak
698.
by nugget 10y ago
The only thing that can ''take out'' Uber is widespread adoption of autonomous vehicles, whereupon ride sharing becomes a physical-capital intensive business (cars) rather than the current human-capital intensive busines
699.
by nugget 10y ago
This varies greatly by specialty. Surgeons (and anesthesiologists) are working 80 hours/week or more. Most non surgical specialties are well under 80. Pediatricians, dermatologists, psychiatrists and a handful of others probably ave
700.
by nugget 10y ago
I think I'd probably say it's possible rather than easily done. But why force young couples to ante up such a huge buy-in just for the opportunity to work at all the local companies? Even the YC partners are starting to point ou
701.
by nugget 10y ago
Property rights are laws of man not laws of nature. The law of nature is that the strong take from the weak. To the extent property rights and other enacted laws create a permanent underclass of people who feel they were born into a raw d
702.
by nugget 10y ago
Absolutely. Generally you want to align incentives as closely as possible. In this case you want the student, their family, the University, and society at large to all be aligned in making sure the student is successful (however you want
703.
by nugget 10y ago
The market solution for student loan rates is to underwrite based on factors such as school attended and major/intended career. For whatever reason it seems this hasn't been done at scale until very recently (with SoFi offering l
704.
by nugget 10y ago
I prefer these lists when they are done by MSAs rather than by towns of a certain size. Nonetheless the trend is clear that people want warm weather and low cost of living - and are voting with their feet for both (in many cases following
705.
by nugget 10y ago
Couldn't an ISP prioritize burst traffic but throttle streaming after X minutes?
706.
by nugget 10y ago
I always found median income a little bit frustrating in these class and lifestyle discussions. Median income doesn't expose people who don't work because they receive passive income nor does it capture wealth very well. Let&#x2
707.
by nugget 10y ago
I used to think that science fiction's popular predictions of a dominant, out of touch urban ruling class casually oppressing subsistence level, serf-like rural populations was just a dystopian fantasy. But the older I get and the mor
708.
by nugget 10y ago
I let Prosper and LC automatically invest for me. All I am providing is capital. The platforms provide borrower vetting and rating.
709.
by nugget 10y ago
In what case would you be able to fool Prosper or LendingClub but not a traditional credit card company? Couldn't they just adopt similar lending standards? I always viewed p2p as just a more efficient way of mimicking the lending an
710.
by nugget 10y ago
You'd also have ~ $13,200/year in property taxes (also deductible) and should budget another ~ $4,000/year for maintenance and upkeep. Not earth shattering but it does add up. There's some political risk that the Feds
711.
by nugget 10y ago
Most of my friends who purchased in SF or NYC used family money. There are a ton of wealthy families out there. Tech stock options follow close behind, but seem much more cyclical.
712.
by nugget 10y ago
If you want to provide for orphans it's probably more efficient and less distorting to do it somewhere other than the property tax code.
713.
by nugget 10y ago
1.5% with a 50% reduction and 2%/year growth cap for a single primary residence, transferable if you want to move housing, but not inheritable. This stuff is not difficult from a policy perspective.
714.
by nugget 10y ago
> Right now, millions of people are working hard every day to make a relatively small number of landlords richer and richer. It's unsustainable, and I think some major societal change is coming. It may be even worse than this scenar
715.
by nugget 10y ago
They call it hopelessness and with relatives in this same situation, I think that's an excellent name for it.
716.
by nugget 10y ago
I'm curious about this viewpoint. Do you think it will never happen ever, or just not in the next few decades? If not autonomous vehicles and burger flipping mcrobots then what's the theoretical tipping point if one exists?
717.
by nugget 10y ago
Pay has nothing to do with it but I don't think it's a stretch to believe that the average MD with 4 years of med school + 4-5 years of 60 hr/week residency would outperform the average CRNA (nursing + 18 months of 40 hr&#x2F
718.
by nugget 10y ago
Do you know whether an anesthesiologist or CRNA provided the epidural? There's a huge push to replace MDs with nurses for anesthesia (to keep costs down) and I've heard of cases like this as a result. Like Nabisco shrinking a pa
719.
by nugget 10y ago
Maybe if a home in a safe neighborhood with good schools for my kids and a reasonable commute to a decent job wasn't $1,000/sq ft then people wouldn't be so ''obsessed'' with wealth.
720.
by nugget 11y ago
What was your daily diet like?

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