samsonradu

8 ms·

31.
by samsonradu 4y ago
Too young to understand what happened in the 2008 GFC but I doubt the 'feeling prepared' part works like this. First of all, the recessions tend to last longer than most people expect/plan for. Statistically, it will turn out
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by samsonradu 4y ago
Maybe we have different definitions of posh, but 5k gets you very far in East Europe capitals. That’s a lot of money that can get you 6+ bedroom villas in downtown Bucharest.
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by samsonradu 4y ago
At 40USD you got 'scammed', even with the meter, as the regular price should not go over 20$. Up until ~2016 the airport taxi business was the wild west, with a lot of shady/unauthorized drivers operating there. Things got mu
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by samsonradu 4y ago
Much like a non-liquid stock, stop all the trading and the company valuation will (on paper) be computed using the last trade’s price.
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by samsonradu 4y ago
It’s all explained here: https://mattstoller.substack.com/p/big-bottle-the-baby-formu...
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by samsonradu 4y ago
Matt Stroller writes a very good newsletter[1] on monopolies and antitrust matters. Last article touched this exact topic. [1] https://mattstoller.substack.com/p/big-bottle-the-baby-formu...
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by samsonradu 5y ago
Me too, receiving spam job offers with bit.ly links.
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by samsonradu 5y ago
Yes, that’s true but for the sake of the argument lets say it solves that problem. What do web3 and NFTs solve?
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by samsonradu 5y ago
> With no authority that decides whether I can send money to/receive from someone. That’s actually a good point and Bitcoin/crypto solves this. Why doesn’t it stop there though, what does web3 solve?
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by samsonradu 5y ago
I think it shows quite a disconnect on your behalf to call it ‘war games’, it’s real people out there dying as you write this comment. A country sticking its head in the ground ignoring this to focus on internal matters is not a solid long
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by samsonradu 5y ago
Yes, can be handled with middleware (interceptors) that throw the `response.error`
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by samsonradu 5y ago
XML is not insane, actually it’s an open standard for writing legal documents: https://en.m.wikipedia.org/wiki/Akoma_Ntoso Legal text is not prose, it does have structure and metadata attached to it.
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by samsonradu 5y ago
But doesn’t this power dynamic - the fact that there is a miners committee somehow talking to a devs committee -beat the purpose of decentralization (no single decision-maker)? Won’t this become politicized eventually and we’ll end up with
44.
by samsonradu 5y ago
This is a part of crypto I do not fully grasp. How much power do the developers vs the miners have over the direction of the project? What happens if the devs go crazy and decide to eg. Ban transactions smaller than $1M worth of coins in co
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by samsonradu 5y ago
It’s surprising how many people think about lockdowns as some kind of a 1h drill. Kids, and many people for that matter, cannot just stay in lockdown for months like domestic cats without triggering mental health issues.
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by samsonradu 5y ago
The allure seems to be there: https://www.washingtonpost.com/national-security/navy-nuclea...
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by samsonradu 5y ago
You’re right, banks don’t cooperate internationally in this area, but it cuts both ways no? How can one get a mortgage in Holland without being a resident/having income declared there? The bank will not loan a foreign resident in those
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by samsonradu 5y ago
Same applies to the most common drink out there, Coca-Cola. Used to be a heavy consumer, now it feels my jaw gets stuck from all that sugar stickiness.
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by samsonradu 5y ago
This is spot on. The 'bottleneck' in programming is not the screen size or typing speed but the I/O of information in the brain. I too stopped using multiple screens some time ago because it felt like being overwhelmed with
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by samsonradu 5y ago
Doesn’t GMT follow daylight-saving time while UTC does not? https://www.nhc.noaa.gov/aboututc.shtml
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Global house price boom becomes a dilemma for central banks(bloomberg.com)
2 points by samsonradu 5y ago|0 comments
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by samsonradu 5y ago
This is a legitimate concern and as an eastern european I’ve always wondered what happens to old condo buildings, of which we have plenty. Turns out every once in a while the gov picks up the tab and performs the reparations, while giving t
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by samsonradu 5y ago
No. Losing weight might read as being weaker. Why would any gov want that?
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by samsonradu 5y ago
Right: https://www.binance.com/en/support/articles/360033162192
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by samsonradu 5y ago
I’m guessing parent is not familiar with the leverage on crypto platforms. https://www.binance.com/en/support/articles/360033162192
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by samsonradu 5y ago
> Security is hard. I'm still wondering how no impactful hacking occured to this day at major exchanges or even the major blockchains. By now it's probably a top-level target worldwide.
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by samsonradu 5y ago
Right. Push this insanity too much and people will start bartering using gold/silver/crypto and such. Then the gov is forced to ban the use of assets and things get complicated. Whether this is good or bad on the long run is debat
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by samsonradu 5y ago
Partially AirBnB can be blamed. But one needs to also point to the elephant in the room, inflation. Eurozone and US Central Bank policies are more-or-less "Cash is Trash" so markets react by throwing their savings at literally any
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by samsonradu 6y ago
> So if you are lucky enough to make the "average" pay in the area that means you can get a 1bd apt...assuming you qualify. A very low end house you need to make $75k/year to purchase...again assuming you qualify. I think
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by samsonradu 6y ago
In Romania most of the mortgage loans are floating rate, tracking the 6 month ROBOR (equivalent of EURIBOR).

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