rjknight

15 ms·

91.
by rjknight 6y ago
The ultimate point of the insurance market is to provide an incentive for quality. Use of components which the insurer regards as low-risk will be cheaper to insure. What would the insurer regard as low-risk? Typically, they would use two t
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by rjknight 6y ago
A different approach might be insurance markets. If I want to use component X, but the use of that component creates a risk (however small) that my business will be hacked, then my business could buy an insurance policy to cover that risk.
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by rjknight 6y ago
In all of the previous discussions of this topic, I have never seen this simple fact pointed out. To me, this is a definitive argument for changing the name. If the facts had been different, I might have seen the matter differently, but if
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by rjknight 6y ago
These are all really good questions. I'm not sure that there are equally good answers. Right now, it seems that people are taking things on trust, buying only from digital artists who have very active online presence, and whose social
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by rjknight 6y ago
I spent a long time doing reasonably deep dives into the legal nature of tokens, blockchain-based ownership and so on. Nevertheless, I'm not a lawyer, this is not legal advice. Most "digital art" NFTs do not confer any partic
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by rjknight 6y ago
Yes, but this is the same kind of cost as, say, switching from an OO to a functional design, and we don't normally refer to "choosing to use OO" as "vendor lock-in". This phrase is normally reserved for use when the
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by rjknight 6y ago
I'm also 75% of the way through... my fourth read-through. It's notable how my opinion of the major characters changes each time I read it.
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by rjknight 6y ago
My comment says nothing about who I personally want to protect or dislike. I only describe my failure to guess how other people would react to the comic.
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by rjknight 6y ago
I remember being very confused by the reaction to this when it first appeared. My initial reading was that the first line is meant to be analogical with racism, since the speaker holds an irrational prejudice against a particular biological
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by rjknight 6y ago
It's worth remembering that this principle was upheld by the Supreme Court a little over two years ago, in the case of a baker who refused to bake a cake for a same-sex wedding: https://www.nytimes.com/2018/06&#x2F
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by rjknight 6y ago
Deaths are also a lagging indicator. This happened in the first wave too.
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by rjknight 6y ago
Yes - victory leads to stagnation, and competition leads to progress.
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by rjknight 6y ago
Normally we don’t think of trade in terms of “winners” and “losers”, at least in absolute terms. Any restriction on trade reduces the overall level of possible economic activity, so a situation that reduces trade relative to the alternative
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by rjknight 6y ago
I understand why it is desirable! But why is Bitcoin better for this than, say, an index fund? Even in the case of an index fund, you are ultimately buying shares of businesses which decreases the cost of financing for those businesses and
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by rjknight 6y ago
But that doesn't answer the question. If I buy shares in a business, I am helping that business to grow, and I am rewarded if it does. If I buy Bitcoin, nothing changes except that the price of Bitcoin goes up.
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by rjknight 6y ago
This is the thing I don't understand. Why should savings automatically hold value or appreciate in value? If I invest my money in something risky, I get a reward for taking the risk. My reward comes from the value created by the things
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by rjknight 6y ago
"Zero correlation to the markets" is one of the things that makes Bitcoin desirable. Diversifying your portfolio is all about having things that do not move in the same direction at the same time.
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by rjknight 6y ago
Why not hold TIPS[1], or a diverse basket of securities, or invest the money in something productive? Is it a good thing if sitting on a large cash pile is rewarded? [1] https://www.treasurydirect.gov/indiv/products&#x2
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by rjknight 6y ago
This is a great reply, and is a good reason why down-voting the original question is counter-productive: if it gets down-voted too much, fewer people will see the informative replies! If the OP were spreading unsubstantiated panic then I wo
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by rjknight 6y ago
> HTML/CSS was supposed to separate content from looks. Of course that ship has sailed long ago, since modern day development seems to be insistent and mushing HTML, CSS and JS together in the same file. As a developer, what incenti
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by rjknight 6y ago
"Dao" here is probably not a reference to Daoism, but to "decentralised autonomous organisations". Most often this is just a cyberpunky way of trying to avoid either tax or legal liability, but I'm not sure that eit
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by rjknight 6y ago
> That's not a good example to justify any of this, in my opinion. It's a real example from recent history, where technology A was able to solve a problem that technology B could not. This should affect one's belief in the
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by rjknight 6y ago
This is a bit like saying that nobody needs a Linux desktop because Windows is good enough. Some people just care more than you do about certain principles, even if caring about those principles means that they have to endure a lower "
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by rjknight 6y ago
That is one interpretation of the facts. An alternative one might go something like this: In early Autumn it was apparent that infection rates were high in the North of England but lower in the (wealthier and economically more productive) S
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by rjknight 6y ago
It might be preferable if everyone dealt in facts all of the time, but political influence is a competitive game. I'm not saying that it's fine to elide the details, just that it's understandable, and understanding why people
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by rjknight 6y ago
My understanding of the GP's post was they believed that: a) "peak" was a typo or mis-spelling, and the intended word was "peek", and b) that "peek" is incorrect anyway. The link was intended to show that
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by rjknight 6y ago
The author is "Director of Innovation Policy" at a US-based think-tank. His agenda (which I agree with, fwiw!) is to influence US government policy. He is trying to do this by encouraging the belief that American innovation has hi
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by rjknight 6y ago
Wiktionary gives a definition of "To be only slightly, partially visible, as if peering out from a hiding place"[1], which seems to be the sense it was used in here. That said, Merriam-Webster and the OED do not include that defin
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by rjknight 6y ago
Rome: Total War did have some weird game mechanics that led to strange ethical problems, though! Briefly, as a ruler you control a number of provinces, each with a capital city. The taxes you earn from each province are a function of its
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by rjknight 6y ago
This won't work for everyone, but it might be possible to push your designers towards using HTML. Tailwind classes are simple enough to manipulate that you don't need to know CSS. After a while, you get the amazing benefit of simp

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