s17n

67 ms·

631.
by s17n 9y ago
A "bubble" doesn't require the participation of all or even most market participants. As long as prices are being driven by short-term speculation, it's a bubble. I think that bitcoin prices are being primarily driven b
632.
by s17n 9y ago
If the odds of success are anything less than .1, then buying at the current price is a bad idea. I agree with you that the odds are in fact less than .1 but it's just a guess - if somebody else thinks it's .5, well, who am I to
633.
by s17n 9y ago
The optimistic scenario is that Bitcoin becomes a currency like cash or a store of value like gold, in which case it will be valued in the trillions. Somewhat conservatively let's say that the market cap in these scenarios is $2 trill
634.
by s17n 9y ago
Of course this option exists, but given that it's less likely to happen, that the market cap in this scenario is unknowable, and that when averaged with the two scenarios I mentioned it doesn't move the needle, it's almost ir
635.
by s17n 9y ago
Actually, housing crashed when lots of people who had bought housing on credit turned out to be unable to service the debt. I don't think there's a similar scenario with bitcoin. On the other hand, a large secular demand will alw
636.
by s17n 9y ago
Calling bitcoin a bubble seems like the wrong word. There are basically two possible outcomes: total market cap zero, or in the trillions. How much you think bitcoin is worth depends on your guess (and it really is just a guess, nobody h
637.
by s17n 9y ago
Yeah, there's definitely a spectrum there. "We should change the immigration process to favor skilled workers" - you're fine. "We should deport anybody who immigrated illegally" - you're in the danger zone
638.
by s17n 9y ago
You forgot to mention that standardized test are used in a lot of these professions (eg, accounting and medicine). It often seems to me that the people who complain about software hiring actually like the completely vacuous "talk abo
639.
by s17n 9y ago
If you are talking about your views on tax policy, healthcare, etc, all I can say is that I've never worked anywhere that somebody would be fired or ostracized or anything for their position. If you are talking about race or gender tha
640.
by s17n 9y ago
It's not about how much you charge, it's about how good your business is. I am far more confident about gmail's long term prospects than their paid competitors', for example.
641.
by s17n 9y ago
The difference between this and standard UBI proposals is that standard UBI gives everybody a certain fixed amount of money, whereas this gives everybody a certain percentage of GDP.
642.
by s17n 9y ago
In addition to generally being a garbage piece of writing, the linked article doesn't actually provide a citation for AT&T being "forced" to invest in anything. Please somebody downvote this.
643.
by s17n 9y ago
Corporate charitable donations were under $19B in 2016. The NIH budget alone is about $27B per year. The idea that corporations would decide to replace federal funding for charitable reasons is absurd.
644.
by s17n 9y ago
I made it up
645.
by s17n 9y ago
"You can recognize emacs by the 'mode line' near the bottom of the screen. If you see anybody using it, fire them immediately - they may be a good programmer but they're going to cause more trouble than they are worth.&
646.
by s17n 9y ago
Every milliamp counts on mobile and users don't give a shit about subtle differences in image quality. Chrome is doing the right thing here.
647.
by s17n 9y ago
I switched for one reason and one reason only: you can disable autocomplete in the address bar.
648.
by s17n 9y ago
Given the a "data race" is essentially defined to be the class of races that Rust's type system guards again, yeah it saves you from all of them.
649.
by s17n 9y ago
Are you sure? I thought they didn't do this.
650.
by s17n 9y ago
Pretty sure Google doesn't circumvent incognito so what's the point?
651.
by s17n 9y ago
You are just making shit up here.
652.
by s17n 9y ago
Steve Jurvetson, at the end of this, will still be wealthy and powerful. Even if he is innocent, him losing his job is a small price to pay when balanced against the countless women who are harassed and assaulted every day. And let's
653.
by s17n 9y ago
Easy fix: just apply the same rule to men and women. If you don't do that, then yeah you're a jerk.
654.
by s17n 9y ago
Well given that afaik nothing has been said publicly, there's not much to discuss, but I doubt that he would have been ousted from DFJ without a reason. It is of course possible that this is DFJ freaking out and cutting him loose des
655.
by s17n 9y ago
What's easier said than done exactly?
656.
by s17n 9y ago
These guys are all pretty obviously guilty, so I don't see the need to worry. Just follow two simple rules and you'll be fine: 1. Don't sexually assault / harass anybody. 2. Maintain clear boundaries with anybody you ha
657.
by s17n 9y ago
The current conversation about a wealth tax was jumpstarted by Thomas Piketty, who argues that the natural tendency of a capitalist economy is to make the rich get richer and the poor to get poorer (relative to each other - in absolute term
658.
by s17n 9y ago
You can't. The whole point of a wealth tax is to prevent people/families from staying wealthy forever.
659.
by s17n 9y ago
"Who posts what online" is exactly what determines whether or not 2x happens.
660.
by s17n 9y ago
Just accept the zinger with grace.

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