seibelj

53 ms·

571.
by seibelj 5y ago
I mean what are they going to do, call the cops?
572.
by seibelj 5y ago
Imagine if the funding went with the student rather than the district - all manner of schools would pop up, market themselves to parents, and pay equivalent salaries. It would decouple school quality from region.
573.
by seibelj 5y ago
One of my favorite podcasts. The quality is very high, and his voice is very calming. Highly recommend.
574.
by seibelj 5y ago
High quality news is paid for by people who want to read high quality, sophisticated news. There is ample free news out there - I would call it buzz feed, instagram, local media websites, and on and on. These are more bite-sized and ad-driv
575.
by seibelj 5y ago
Rags to riches is often a multi-generational project. This is why family is so important - while it's possible to succeed wildly from nothing, the guidance, financial resources, connections, etc. from your family makes things so much e
576.
by seibelj 5y ago
I used to spend many weekends playing all manner of extremely complex time-consuming board games. A hobby for the childless. Maybe in the future…
577.
by seibelj 5y ago
I’ve noticed that smarter people are more likely to reject “traditional” things - religion, family, having roots in a home base, community things, etc. They also tend to be “terminally online” i.e. having a very rich and sustaining existenc
578.
by seibelj 5y ago
They don't necessarily have to be, but if I was rich and buying a news operation, profitability is important but I would also want it to push the news that I want.
579.
by seibelj 5y ago
Every major news outlet gets purchased by some rich entity. WaPo by Bezos, Boston Globe by John Henry, Rupert Murdoch with WSJ... this is why it doesn't really matter if they are money-losing operations. Their value for pushing narrati
580.
by seibelj 5y ago
saurik is pretty famous, I would estimate that most serious players in this space know the money is here. What is good about this post and the fact it's on top of HN is that maybe the average HN reader will be curious and help shift th
581.
Modern Monetary Theory got a pandemic tryout. Inflation is testing its limits(nytimes.com)
2 points by seibelj 5y ago|0 comments
582.
by seibelj 5y ago
There is certainly the potential for an argument that they didn't do the hack, that someone else was more involved, that they were small players in this, etc. but it's highly likely they were involved in some way.
583.
by seibelj 5y ago
I think pretty damning are accounts tied to their personal identities and emails to exchanges where they lied about the source of funds. How can they explain that away? Their email addresses were hacked? Funds moved to their personal bank a
584.
by seibelj 5y ago
Does HN hate crypto? Does HN love rust and pg essays?
585.
by seibelj 5y ago
If you read the complaint it is pretty clear they were at least heavily involved. Their personal accounts and businesses were tied up into it.
586.
by seibelj 5y ago
If a bank accidentally leaves a sack of cash on the sidewalk and you take it, it is not yours. Plus they didn't declare any of the money and instead laundered it through a bunch of sham companies and fraudulent users on crypto exchange
587.
by seibelj 5y ago
Nothing in the universe is truly stagnant, and that applies to businesses. If a business is growing productively - meaning its revenue is growing faster than its expenses - then it is a net value creator. The more value a business can provi
588.
by seibelj 5y ago
Software development is the most globally distributed high paying job and is arguably one of the easiest to outsource. Yet FAANG keeps paying huge salaries when they could get 10x the number of people in foreign countries for the same price
589.
by seibelj 5y ago
I no longer take certain corporate leaders and athletes seriously when they lecture about how horrible the USA is, when they reap huge sums from a criminal nightmare. The hypocrisy is not lost on many people, and over time such hypocrisy er
590.
by seibelj 5y ago
> "The 'older sisters' pulled my hair and beat me. All my hair fell out when I was at school," says Aysu, now 10. > "If we cried, the 'older brother' made us stand still facing the wall or hit us,
591.
by seibelj 5y ago
But Rust is memory safe! How can it ever have a bug? /s
592.
by seibelj 5y ago
Cash is dying and all credit card payments, bank transfers, Venmo / PayPal, literally everything is sucked up by data miners and is easily available to the government. You are arguing against a new system by comparing it to an irretrie
593.
by seibelj 5y ago
All these posts about willpower and self control are great. Just remember we tried to ban alcohol once and it caused the greatest crime wave in history. Don’t let your clean life turn into coercing others - let me have my booze and I’ll let
594.
by seibelj 5y ago
Property is probably a larger percentage of my portfolio than most people. You can get screwed on renting too - sure, you can always move, but moving sucks and I like stability. I have super-safe investments and insanely risky ones, and I&#
595.
by seibelj 5y ago
Mostly it's the fixed rate mortgage - if you are wealthy it doesn't help - but it's still a handout that can tip the scales to owning over renting.
596.
by seibelj 5y ago
I'm not asking for anything - I'm stating that because of the government, buying housing is artificially propped up and is advantageous as an investment. I would support removing market-warping incentives that make me richer at th
597.
by seibelj 5y ago
There was a popular internet sentiment ~10 years ago where everyone was convinced renting was superior to buying. "Invest the extra cash in an index fund!" Meanwhile housing is an amazing handout to the middle and upper classes th
598.
by seibelj 5y ago
People are downvoting but this is correct - I know many being paid in USDT and USDC as well. One benefit is the central bank doesn’t steal your US currency and replace it with the worse (inflationary, poorly accepted) local currency.
599.
by seibelj 5y ago
Do you have any statistics to back up your claims of “more than half”? It just sounds like baseless attacks and dang said to be productive in this convo.
600.
by seibelj 5y ago
A lot of friction, paperwork, time, lawyers involved. You can use a boilerplate DAO and raise millions because of a meme that takes off, and the shareholders are liquid immediately. For good or bad you must admit this is novel.

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