rmbyrro

54 ms·

1. 901.▲
   by rmbyrro 4y ago

   The Portuguese case is quite different, I think. Canada has a well-developed and diversified economy. Portugal needs to import a lot from the world, but has very little to offer in exchange. They found something: their real estate and city
2. 902.▲
   by rmbyrro 4y ago

   It would be "fuck Bosch" if they were charging 125€ for the otherwise 25€ fix.
3. 903.▲
   by rmbyrro 4y ago

   I wonder what people would say if it was Microsoft or Amazon on the exact same position.
4. 904.▲
   by rmbyrro 4y ago

   The world would do better reducing reliance on any fiat currency for reserve purposes.
5. 905.▲
   by rmbyrro 4y ago

   Currently, Bitcoin adds zero value, even if it was used for every single transaction in the country. Currencies are not money because they don't store value. Bitcoin was a promise to be money in the full sense. It's ability to s
6. 906.▲
   by rmbyrro 4y ago

   I don't think it's dishonest. The person is just communicating they have that time booked. If it takes a different form for people to respect that, so be it. The content is the same and truthful: that time is blocked.
7. 907.▲
   by rmbyrro 4y ago

   According to internet popular belief, you'd end up with a picture of a certain ignominious dictator that unfortunately destroyed Europe in the 1940's. [1] [1] https://en.wikipedia.org/wiki/Godwin%27s_law
8. 908.▲
   by rmbyrro 4y ago

   Same I was thinking. As it is today, Python just isn't a (relatively) good tool for concurrency. Use Go, Java. Clojure has some of the most interesting abstractions in this area, but the lisp syntax scares people away.
9. 909.▲
   by rmbyrro 4y ago

   Thank you for the book suggestion!
10. 910.▲
    by rmbyrro 4y ago

    Hey, thanks a lot for pointing out this book!
11. 911.▲
    by rmbyrro 4y ago

    Thanks a lot for pointing out the The Creature of Jekyll Island book!
12. 912.▲
    by rmbyrro 4y ago

    Yeah, I've read macroeconomics book before, but it didn't outline the practice of how the money flow from the "printing machine" into everyday life in the economy. Those practical details are what I'm mostly interes
13. 913.▲
    by rmbyrro 4y ago

    Thanks for pointing out the 1913 Act ;)
14. 914.▲
    by rmbyrro 4y ago

    That's clarifying, thanks! When Congress approves an increase of the debt, I presume it's actually allowing the issuing of more treasury bonds, is that correct? Does the FED have any hard/legal limit to its "printing&quo
15. 915.▲
    by rmbyrro 4y ago

    Already preparing some popcorn. This will be fun to watch.
16. 916.▲
    by rmbyrro 4y ago

    That will help adoption of Lambda. The primary point of serverless (financially-wise) is trading fixed costs for variable costs. But once you reach certain scale, it becomes cheaper to manage your own resources. With tiered pricing, this mo
17. 917.▲
    Ask HN: “government is printing money” - what does it mean in practice?

    34 points by rmbyrro 4y ago|65 comments
18. 918.▲
    by rmbyrro 4y ago

    > Why on earth AWS doesn't have their own first party emulators for everything Because they want you to pay for local development, not only production. Google offers an emulator because otherwise no one would and they need to catch
19. 919.▲
    by rmbyrro 4y ago

    I've had issues with LocalStack in the past. Decided it wasn't worth the savings compared to running against the real AWS services.
20. 920.▲
    by rmbyrro 4y ago

    It's work unrelated to your project, doesn't add any value. Besides, it's reinventing the wheel. And it's certainly cheaper to run local dev/tests against the real AWS S3 infra than paying the time to mock it with y
21. 921.▲
    by rmbyrro 4y ago

    Anywhere in the world holding cash and cash-based investments is a bad idea. The government and banks will rip you off through inflation. You can use debt to benefit from inflation, but it also carry its risks.
22. 922.▲
    by rmbyrro 4y ago

    > "Intellectual property" is a legal fiction. No one owns ideas. Just to clarify: intellectual property does not protect ideas , but the way they are expressed. You can rewrite an entire book and republish it with your own wor
23. 923.▲
    by rmbyrro 4y ago

    Well, in that case, everything is indirectly funded by debt
24. 924.▲
    by rmbyrro 4y ago

    Interesting. So, if someone doesn't like you , a robber goes into your home, threatening you and your family, and this person celebrates in your face, you'd be O.K. with it, right?
25. 925.▲
    by rmbyrro 4y ago

    They've exercised the same diligence as usual [1] [1] https://en.wikipedia.org/wiki/Madoff_investment_scandal
26. 926.▲
    by rmbyrro 4y ago

    C'mon, haven't you seen the mistakes developers can do in real life? This is plausibly a mistake.
27. 927.▲
    by rmbyrro 4y ago

    Normies should not put 25% even on VC-backed startups, let alone anonymous crypto shenanigans
28. 928.▲
    by rmbyrro 4y ago

    I'm sorry, but they were selling shitty sub-prime mortgages as AAA investments, my friend. They claimed high-risk mortgages would turn AAA by the magic of financial and statistical shenanigans. That's not far from "zero initi
29. 929.▲
    by rmbyrro 4y ago

    What a flex you pulled off!
30. 930.▲
    by rmbyrro 4y ago

    > hundreds of millions of dollars that are not easily traced If they keep it in blockchains only, it's hard to connect to a real identity. But if they cross the line (which is everybody's goal eventually) to the real world, the