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samsonradu
searching PlanetScale…
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17 ms
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61.
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samsonradu
6y ago
I follow your point, though knowing more about them I actually incline for a different conclusion. There is a lot of slack in the corporate economy which became more transparent under wfh.
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samsonradu
6y ago
Side question (non crypto related), does paying for it automatically makes the advisor legally liable for the advice in most 'advanced' jurisdictions?
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samsonradu
6y ago
Actually 20-30hrs/week might be an overshoot. I'm surprised to see that for a lot of my friends teleworking means about 1h of work per day and an occasional meeting.
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samsonradu
6y ago
I think eventually it will be nation states that bring the endgame, on national security grounds, through regulation. Looking mostly at the US here. It is highly unlikely the government will sit by and watch trillions of US capital flowing
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samsonradu
6y ago
I share the same hunch. I believe that in the very long run (many decades) the growing debt cripples the the government, hurting its productivity along with trust on its proper functioning. (Japan, Italy are around here) Growing debt is not
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samsonradu
6y ago
> the vast majority of the electricity being consumed for bitcoin mining is hydro in China Side concern but isn’t this concentration a red flag? Likely many miners are in China or Russia due to the electricity prices. Can’t they collude
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samsonradu
6y ago
Why is it granted they would have gotten an EEA-like deal?
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samsonradu
6y ago
The 'resource curse' might have the causality wrong though in many circumstances. Maybe those countries would find themselves in a similarly bad state (or worse) without those resources. Maybe their bad state is due to historical
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samsonradu
6y ago
> It's entirely possible (if not plausible: FB doesn't exactly have a good track record) for FB to just self-MitM the E2EE and see everything that passes through their servers. Why would they even need to MitM in transit when t
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samsonradu
6y ago
Here’s another book of his on the topic - Putting Auction Theory to Work http://www.econ.ucla.edu/riley/271/Milgrom-Putting%20Auction...
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PM²: The Open Project Management Methodology Developed by the EU Commission
(europa.eu)
4 points
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samsonradu
6y ago
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0 comments
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Europe Unveils New ‘Bauhaus’ Plan for Mass Building Renovations
(bloomberg.com)
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samsonradu
6y ago
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1 comments
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Tesla reports fourth straight quarter of profits
(cnbc.com)
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samsonradu
6y ago
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1 comments
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samsonradu
6y ago
It’s not so odd, remember the Rocky Asap event: https://www.bbc.com/news/amp/world-us-canada-49122557
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samsonradu
6y ago
It doesn't help your point since the US State Dept would likely not host content that's in contradiction with the administration. I'm not saying it's staged of course, but there are chances a convenient opinion was prese
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samsonradu
6y ago
The US State Dept?
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samsonradu
6y ago
I think it's quite early to say if it weathered the storm, there might be long-term consequences. Also not sure what to say about the experts calling a rally, specially when those 'experts' are politicians.
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samsonradu
6y ago
Still, working remotely hasn't been around for decades, is it all so straightforward? From an EU perspective I can assure you it's a deep mess. People have a different, long-term relationship with the tax authorities because '
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samsonradu
6y ago
How can/will the employer check whether the stated location of its emloyees is correct? This is indeed a complex categorisation. What really defines my location in relation to remote work? Since I’m not bound to one physical location a
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samsonradu
6y ago
Saving money used to be a respectable thing, now you’re just hoarding cash.
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samsonradu
6y ago
This is spot on. For all the praise of Belgian welfare I believe there is a 'dark' side to it. It is not doing well in motivating people to perform and there is a lot of systemic slack and abuse, like people claiming they're
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samsonradu
6y ago
Indeed, looking at the bigger picture I can't help seeing the absurdity of it. For all the praising of Tesla cars, which might very well be founded, it's just a freaking car in a market where demand fell off a cliff.
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samsonradu
6y ago
I'm also a bit suspicious (apolitically) about the current administration's 'attention' to the stock market. It's uncommon to see presidents tweeting all-time highs every week and it wouldn't surprise me if in
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samsonradu
6y ago
Just because everyone dumps their savings in the stock market doesn't make it any more functional. I think it's obvious by now, considering the actions of the Fed, that the market is propped-up. The debate is actually whether this
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samsonradu
6y ago
Thanks for pointing out the big elefant in the room. It looks like this is the ‘new normal’ though. Pushing people to take on debt as it’s almost interest-free and you might even get help from the government paying it back, all to double up
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CAM4 adult cam site exposes 11M emails, private chats
(bleepingcomputer.com)
3 points
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samsonradu
6y ago
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0 comments
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Berkshire Hathaway Lost $49.7B in First Quarter Stung by Coronavirus
(nytimes.com)
6 points
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samsonradu
6y ago
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2 comments
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samsonradu
6y ago
Mostly because interest rates went from 1.75-2% to 0.25% and the FED balance sheet increased by 6T as we speak.
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samsonradu
6y ago
Thank you for the link. We mostly have debit cards in this part of the world. It’s hard for me to understand laying any interest for consumption goods purchases. It is still not fully clear when does the settlement happen? At the end of eac
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samsonradu
6y ago
> It's also bullshit to call financial aid from the government, that's needed because of government action, a bail out. No it’s not bullshit and it’s because of a pandemic mostly, very little because of government action. The g
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