seibelj

74 ms·

811.
by seibelj 5y ago
My wife promises me it will be a party / celebration of life rather than a somber affair. I think many of the newer generations view death differently.
812.
by seibelj 5y ago
You are unbelievably pedantic. You disagree with your opening statement then agree that I’m right!
813.
by seibelj 5y ago
You act as if reducing the rate of return is a simple maneuver. This is politically fraught as it automatically requires employees to contribute more money. Here is an article from today about drama in Illinois, the state with the worst fun
814.
by seibelj 5y ago
Mandates that are often backed by state law. Tax payers are then required to make up the difference if they don’t hit their targets. A good list here https://www.nasra.org/latestreturnassumptions
815.
by seibelj 5y ago
Before, VC money was precious and merely being a VC was enough to get deal flow. Now, so much money has been printed and sovereign wealth / pension funds are legally obligated make 8% annual returns that their only option is to go far
816.
by seibelj 5y ago
I work in crypto and know a lot of crypto-wealthy. Crypto Punks are truly a symbol of wealth, like a high-end watch. There may be money laundering in NFTs (just like in the art market) but there legitimately are collectors and those prepari
817.
Growing Use of Cryptocurrency in Afghanistan Poses Security Concerns(wsj.com)
2 points by seibelj 5y ago|0 comments
818.
by seibelj 5y ago
What’s funny is the most racist interactions I have had in professional situations were with Chinese businessmen. China is exceptionally racist. But they do try to cudgel America with it repeatedly.
819.
by seibelj 5y ago
I recommend starting with the Haitian Revolution https://open.spotify.com/playlist/560AoqxmtPsadedqGKyKEz Not crazy long, gives you a clear explanation about why it happened, and a solid feeling about what life was lik
820.
by seibelj 5y ago
Citizens of Britain were destroyed financially by WW1, and the British Empire fell apart. Afghanistan lasted far longer and had no real sacrifice of current citizens, other than debt which will be paid by debasement. The benefit of hard mon
821.
by seibelj 5y ago
I have not worked there for several years, and ownership is now Brazilian, no idea what they are doing now.
822.
by seibelj 5y ago
No admission of wrongdoing, all money returned to investors, and IMO we didn't do anything wrong despite the SEC's opinion. I laugh to the bank because I've been in crypto for a decade!
823.
by seibelj 5y ago
There are some subjects that require lots of capital equipment to properly learn, like chemistry. But the majority of subjects like English, Computer Science, philosophy, etc. do not need anything more than knowledge, discussion, and a lapt
824.
by seibelj 5y ago
The SEC can and does provide candid advice. I know entrepreneurs who have had lengthy calls with both state and federal SEC reps who will give straight talk. This is not that. This is preparation to make a court case to use as precedent to
825.
by seibelj 5y ago
> Despite Coinbase keeping Lend off the market and providing detailed information, the SEC still won’t explain why they see a problem. Rather they have now told us that if we launch Lend they intend to sue. Yet again, we asked if the SE
826.
by seibelj 5y ago
The blog post says they did not give a rationale. That is the entire essence of the post. Did you read the post?
827.
by seibelj 5y ago
Coinbase wants to know the legal rationale as to why it's a security, but SEC is stonewalling them and goading them to get into a legal fight. The opposite of "talk to us, come in" that the SEC claims the crypto industry refu
828.
by seibelj 5y ago
A major reason for the success and growth of crypto is that it is permissionless (i.e. unregulated) finance. This sector is extremely high-margin, full of old boys' networks, licensed monopolies / oligopolies, it's opaque, co
829.
by seibelj 5y ago
TLDR - it is implied that a convicted fraudster named Monica Main either coerced an old (and possibly feeble / demented) romance author (Judith McNaught) or stole her identity to fleece wannabe writers out of money. I applaud the autho
830.
by seibelj 5y ago
By this logic any technology “supports global warming” if it uses energy. Or you must accept that 100% renewable energy bitcoin does not emit carbon. I think the argument is more a moral judgement against bitcoin which many view as a “waste
831.
by seibelj 5y ago
What if you offer a homeless person free housing and they decline? If there is housing available but they still choose to camp on the sidewalk, should the police then move them away?
832.
by seibelj 5y ago
See my comment here https://news.ycombinator.com/item?id=28388450
833.
by seibelj 5y ago
Blockchains are value-transfer networks. The value transfer layer has historically been abused as a rule rather than the exception: - Rent seeking, such as by Visa and Mastercard that continually try and raise merchant fees - Censorship, su
834.
by seibelj 5y ago
> How come there's a lot of buzz around ML but we grossly fall short when it comes to deployed ML in real world applications (especially in certain industries). There are many reasons for this, including but not limited to: >
835.
by seibelj 5y ago
Luckily new jobs for house cleaners will be created.
836.
by seibelj 5y ago
> There are already examples of how gains are captured by the few and not the many. The New York Times - "Feel Bad About Everything, Always" Remote work is amazing, net on net it vastly improves lives, reduces commute time &#
837.
by seibelj 5y ago
I also hope that efficient scale batteries become possible. But if there is an extended deficit with wind / sun then even a battery might not do it. One undeniable advantage of petrochemicals is they work at any time, consistently, and
838.
by seibelj 5y ago
If it’s cloudy and an extended period of calm wind, it’s unacceptable for me to not have electricity, and neither is it for hospitals or nursing homes. We will always need some form of petro backup unless our queasiness with nuclear is solv
839.
by seibelj 5y ago
I agree. What we need are experiments like KaiPod - actual innovation in the education space. The educational model of the 1800s is not what we need in education today. If we let the funding follow the student, then the ~$20k spent on educa
840.
by seibelj 5y ago
You want to send kids to a uniform school, learning uniform things, in an assembly-line manner. The home schooling / unschooling movement believes that every student is different, how they learn best is unique to them, and the factory

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