scottiebarnes

7 ms·

31.
by scottiebarnes 3y ago
Ethereum is doing about 1m+ transactions per day. Don't know what for, but its been fairly consistent. https://ycharts.com/indicators/ethereum_transactions_per_day
32.
by scottiebarnes 3y ago
Scaled content generation. You could have executed the same strategy before, but coming up with several thousands coherent articles would have cost much more time and money.
33.
by scottiebarnes 3y ago
We had that, then we realized that companies who understand all the pieces lead to better user experiences, which is why we all have MacBooks and iPhones.
34.
by scottiebarnes 3y ago
You're forgetting the case where the US dollar gets hyperinflated or highly inflated due to something like a debt crisis. Speaking of which...$33 trillion.
35.
by scottiebarnes 3y ago
You don't think unions negotiate work terms such as wages, working hours, conditions, etc.? What are some of the reasons you think a labor union would form in the first place? Have you ever heard of mandatory break requirements in cert
36.
by scottiebarnes 3y ago
Yeah actually a union can help with all of those things. That's why police are unionized, as well as most team sport elite athletes (players unions). And they like the power it gives them, which is why you never hear them talk badly ab
37.
by scottiebarnes 3y ago
humans are natural, therefore all human creations and processes are natural? so my plastic bottles are naturally grown?
38.
by scottiebarnes 3y ago
Do you have reference to a nation state in history that warred their way out of a debt spiral?
39.
by scottiebarnes 3y ago
I never mentioned anything about avoiding taxation or legality. But if you're wondering about examples at that scale, nation states, central banks, etc. routinely handle that kind of volume.
40.
by scottiebarnes 3y ago
The main benefits of blockchain are: decentralized, permissionless, censorship resistant. Money and finance are the strongest applications where these properties benefit most. Writing and reading transactions on blockchains is a clunky UX,
41.
by scottiebarnes 3y ago
- He said "basically" the same. - Inflation and money supply are tightly correlated. - "Inflation is caused when the money supply in an economy grows at faster rate than the economy’s ability to produce goods and services.&qu
42.
by scottiebarnes 3y ago
The theories come from concerned critics mostly. As far as I know there has been no discussion as to how the government might influence the functionality of a CBDC.
43.
by scottiebarnes 3y ago
Guess that's how the world works then; do something until the government sues you, go to court and set precedent. Seems a bit inefficient. Or maybe its the most efficient path after all.
44.
by scottiebarnes 3y ago
Yeah those U.S District Judges are known for using their rulings as pumps; she's clearly only looking for exit liquidity.
45.
by scottiebarnes 3y ago
I guess the judiciary system will eventually rule on what is legal / not legal via a legal contest, but courts are not actively informing and guiding American companies on what the rules are. Seems like there should be an agency that d
46.
by scottiebarnes 3y ago
> It's not the job of the SEC to guide companies/people on what constitutes securities Which government agency fulfills that role?
47.
by scottiebarnes 3y ago
I don't know much about bonds but my thought is that investors expecting rates to go up will withhold from purchasing currently issued bonds as future bond rates will yield better.
48.
by scottiebarnes 3y ago
Going to be hard to convince people of this. In an efficient system, maybe we can blame monetary policy. But we don't have an efficient system; most of us live under mono/ologipolistic supermarket "regimes". They don&#x2
49.
by scottiebarnes 3y ago
Stocks are down because speculators understand that the fed has two mandates: unemployment and price stability (inflation). With a strong jobs report coming out, this gives the fed leeway to more aggressively attack inflation (via rate hike
50.
by scottiebarnes 3y ago
> Armchair finance experts Just wondering what you think a "real world" finance expert looks like. Venture capitalist? Fund manager? Nobel prize winner in economics? Money is made up, a human social construct. A room of of the
51.
by scottiebarnes 3y ago
Increase timeline to account for scaled adoption and project volatility for those variables.
52.
by scottiebarnes 3y ago
Testosterone replacement therapy seems to be the rage these days. Anecdotally a friend has mentioned it helps them feel young again; can workout like they used to, etc.
53.
by scottiebarnes 3y ago
Unfortunately I'm not sure there's much of an alternative here. If you want to capture more value you could have gone and done your own startup, but of course you would have needed access to data/code for your machine learnin
54.
by scottiebarnes 3y ago
The same SEC that reviewed Coinbase's prospectus and business model and decided that they could become a legal publicly traded company in the US?
55.
by scottiebarnes 3y ago
If the alternative is fiat currencies printing themselves out of existence, then yes, people will happily transact in hard money with high fees. See Turkey, where you basically take on debt to buy anything (including commodity items like iP
56.
by scottiebarnes 3y ago
Climate change from carbon emissions increases probability of wildfires.
57.
by scottiebarnes 3y ago
Shrug. What's the purpose of a smug attitude? You did none of the work, you have nothing at stake. Just sitting in the stands, talking about how you would have thrown the ball better.
58.
by scottiebarnes 3y ago
Yea, probably because he knew how he would be treated if he did.
59.
by scottiebarnes 3y ago
Do you honestly think the NSA would have replied, "Dang, you're right, these mass spying programs are immoral and illegal! We'll launch an inquiry into ourselves immediately.".
60.
by scottiebarnes 3y ago
Even if it were true, one should see it as an attempt to distract from the leaked documents themselves.

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