patricius

9 ms·

31.
by patricius 6y ago
My allocation 20 % in physical gold 10 % in Bitcoin 10 % in gold mining stock 30 % in cash 30 % reserved for the coming stock market crash (to pick up cheap blue chip stocks) Source: gut feeling
32.
by patricius 6y ago
Does Monero have a upper limit of issued coins like Bitcoin?
33.
by patricius 7y ago
I use Tachyons, which is also utility-based (and, afaik, an inspiration to Tailwind). The primary improvement is that the amount of CSS you need to write is reduced by 90 % or more. Okay, but now you have to write and repeat all these CSS c
34.
by patricius 7y ago
If you use the original definition of inflation, i.e., increase of the money supply, there has been massive inflation. It hasn’t resulted in a substantial increase in the consumer price index, but you can see huge increases in certain area
35.
by patricius 7y ago
What do you mean none of the other QE rounds were inflationary?
36.
by patricius 7y ago
I wouldn't say it's much about money management skills. It is an explanation about the money phenomenon and its properties. But okay, it's probably not something you can read in an hour.
37.
by patricius 7y ago
Great suggestion. Also, might I recommend The Bitcoin Standard by Saifedean Ammous. Half the book is about money in general, not just Bitcoin. Very well written. https://saifedean.com/the-book/
38.
by patricius 7y ago
Just checked the Danish national budget. Danish VAT brought in (or was estimated to bring in) 212 billion DKK in 2018. In comparison, tax levied on personal income brought in 562 billion.
39.
by patricius 7y ago
I’ve heard ideas that prisons could be voluntary in a completely free society. First, a lot of people who have gone to prison for victimless crimes (using and/or selling drugs for instance) would no longer go to prison. Second, people
40.
by patricius 7y ago
I would like, just for once, that a company comes out and straight up says: “We choose how to make our products, you choose whether you want to buy it.” That’s everything there is to it. Don’t use any other arguments like “We do it to prote
41.
by patricius 7y ago
> The causes of anthropogenic climate change are extremely well documented and easily measureable, and "reduce the amount of carbon put into the air and recapture carbon already in the air if possible" isn't very complicat
42.
by patricius 7y ago
According to someone, sure. But it is an expression of human arrogance to think that climate change can be fought just by following this here recipe and that we can look into the future and see that there will be a net benefit to changing t
43.
by patricius 7y ago
It is much more about economic reality than ambition. Replacing fossil fuel energy sources with renewable energy sources is an expensive process. Some argue that it is the responsibility of the nations of this world to make sure it's i
44.
by patricius 8y ago
When I compare the jobs I’ve had, I would say the first ever job I had as a freelancer was best. It wasn’t for a particularly sexy, high-profile company in the IT sector. It wasn’t a company that used particularly interesting technology. It
45.
by patricius 8y ago
Could you provide a concrete example where it breaks down? With regards to Austrian economics, as far as I remember, the school is not even mentioned in Hazlitt's book, but you are right that he was heavily influenced by it. But the bo
46.
by patricius 8y ago
Have you read the book? There’s really not much about it that’s fringe or controversial.
47.
by patricius 8y ago
> The people who take by force, the rentiers, the rich who steal by fraud, the ones who just spend their days on yachts and luxurious island estates eating caviar and drinking champagne, these rich elites should be scorned and reviled. W
48.
by patricius 8y ago
Maybe no company would do exactly that, but that is irrelevant. Companies would do other things with that money. Maybe they would have cured some disease instead. Maybe they would have found another breakthrough technology. Who knows. And t
49.
by patricius 8y ago
Still, the question remains: Can we say a priori that the funds for R&D military spending wouldn't have been spent better by the private sector?
50.
by patricius 8y ago
> 2. most major advancements in tech and healthcare are due to the military. Can you back that up? That military spending has been high gives no guarantee that having spent the same money in the private sector wouldn't have led to e
51.
by patricius 8y ago
Can we really say that government changes this? The powerful in this case is government itself and lobbyists. They are taken care of. We do not ensure in general that the weak are taken care of. Furthermore, government uses the military for
52.
by patricius 8y ago
So if I live in a city run by the mafia, who extorts me every month, I am not really forced to pay them, since I can just take the bus to the next town?
53.
by patricius 8y ago
It is immoral to force people to pay taxes to finance a local fire department if you believe that it is immoral in general to force people to give up their property. You can argue that in certain special cases, like in the fire department
54.
by patricius 8y ago
Mandating that insurance companies must not charge higher premiums for individuals with genetic diseases will raise the overall cost of premiums for all customers or would at least inhibit any potential for decreases in premiums. So in esse
55.
by patricius 8y ago
No minimum wage is able to remove poverty. Set it too low and it has no effect, since it will be below the price you are able to get on a free market. Set it too high and fewer jobs will be available, and thus less people are able to earn m
56.
by patricius 8y ago
Well, complying has costs, you know. Perhaps, in some cases, it’s just a matter of not wanting/being able to justify that cost.
57.
by patricius 8y ago
Furthermore, it imposes unbelievable costs on companies that in the end must be passed on to consumers. This is completely unnecessary legislation that will probably have no measurable positive effect at all. Bureaucracy and politics at its
58.
by patricius 8y ago
But aside from being municipality-owned, it looks like it operates like a private company. I would guess, though, that if they become unprofitable, there will be tax dollars there to save them giving them an unfair advantage to private play
59.
by patricius 8y ago
In Denmark we have several private companies providing cheap and fast internet, and we usually don't have any cap on data (but often a fair use clause in our contracts). For instance, you can get 80/10 mbit upload/download fo
60.
by patricius 8y ago
I would say that there is a world of difference in wanting some service and then running an enterprise well that provides the service. It seems to me that it is impossible to use voting as a means to guarantee good outcomes.

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