spiralx

42 ms·

541.
by spiralx 6y ago
The effect of the Gulf Stream on European climate isn't as large as often made out to be. The simple fact that Europe is on the western side of a continental landmass accounts for a huge portion of its climate - air travelling west to
542.
by spiralx 6y ago
A mining pool selling 3,663 BTC last week caused the the price to drop 23%, Satoshi has 300 times that amount.
543.
by spiralx 6y ago
I remember reading the MySQL developers justifications for why transactions weren't important along with articles such as these back in the 00s https://sql-info.de/mysql/gotchas.html https://fromdual.co
544.
by spiralx 6y ago
Figma and Instagram have had good articles on their blogs, although I'm not a regular follower of either.
545.
by spiralx 6y ago
Financial transaction taxes have been introduced in any number of countries, the majority of which have ended up repealing them: the tax raised on transactions is outweighed by the loss of capital gains caused by a reduced number of transac
546.
by spiralx 6y ago
Because market cap is an awful way to measure a cryptocurrency's "value" or "market size" - if I create FooCoin, mine a million FooCoins and then sell you one for $10 then the market cap is $10 million, but clearly
547.
by spiralx 6y ago
Bitcoin: 7.2 million transactions, $316mn transferred M-Pesa: 12 billion transactions, $60bn transferred, 41.5 million users There are almost six times as many M-Pesa users in Africa as there are BTC transactions in a year... M-Pesa handles
548.
by spiralx 6y ago
No, building codes are a separate issue from land-use restrictions. Apartments must still meet whatever standards exist which can include minimum facilities, size and number of floors. Although at the limit such standards can be effectively
549.
by spiralx 6y ago
The "petrodollar" is just an urban myth verging on a conspiracy theory when talking about Iraq, the fact that oil is priced in dollars (and it isn't always) doesn't mean countries need to have dollars to buy oil, it&#x27
550.
by spiralx 6y ago
Plus one state's useful new spending is 49 states' pork, meaning that it's always easy to label anything as being evidence of government waste and corruption. But earmarks served as a useful way for states to get federal invo
551.
by spiralx 6y ago
No problem, this is another article on the subject I'd bookmarked: https://www.ussc.edu.au/analysis/the-reserve-currency-myth-t...
552.
by spiralx 6y ago
Madness. I would hope that it's still a troll but it's not like we haven't seen people do the same thing for all kinds of get rich quick schemes past and present.
553.
by spiralx 6y ago
For one the USD is only the largest reserve currency used internationally: GBP, EUR and JPY are also used as reserve currencies. For another the US has been trying to reduce the role of the dollar as a reserve currency because it actually h
554.
by spiralx 6y ago
> Cryptocurrency on the other hand is just an ancap wet dream. My exact thought upon reading the Slashdot article announcing the release of v0.3 of this thing called Bitcoin back in 2010. The last decade has only reinforced that view...
555.
by spiralx 6y ago
Did that with the CTO. Don't think he was impressed. Later on I got the sack from that place.
556.
by spiralx 6y ago
People are moving into the city and buying those luxury condos instead of buying houses in existing neighbourhoods and driving up prices there.
557.
by spiralx 6y ago
Being the largest reserve currency has more costs to the US than benefits overall and policy has been to try and reduce that exposure for the last decade or so. https://www.brookings.edu/blog/ben-bernanke/2016&#x2F
558.
by spiralx 6y ago
It gets worse: from when I had to deal with this some years back IIRC in Saudi Arabia the start and end of DST is set by decree every year.
559.
by spiralx 6y ago
More than that - when my now fiancee proposed to me I was completely surprised by it, and literally couldn't process the question for a good couple of minutes. Thankfully she decided to leave me to it for that time and by the time she
560.
by spiralx 6y ago
Being aware of bias is in no way the same as being unaffected by it. In fact you can imagine the possibility where being aware of a bias allows one to believe that they are unable to be affected by it and thus pay less attention to whether
561.
by spiralx 6y ago
That's just not true of the Democratic Party by any useful metric and likewise there is nothing about Bernie's platform that would be centre-left anywhere in Europe, the majority of his proposals being to the left of anything impl
562.
by spiralx 6y ago
> Yes, there is a specific legal definition (I did elude to that in the post you replied to). Allude, not elude. You indirectly drew attention to it, not let it get away :)
563.
by spiralx 6y ago
It's far more centralised than you think, dematerialization isn't 100% complete but Cede and Co. hold the ledger of who owns what - at least to the extent that is possible. https://en.wikipedia.org/wiki/Deposi
564.
by spiralx 6y ago
There is a massive overlap between /r/wallstreetbets, Elon Musk fan-boys and crypto enthusiasts I bet, and this mess has something for all of them: gaming, FOMO, evil short-sellers, beating the system, lots of diagrams with arrows
565.
by spiralx 6y ago
Banks don't use deposits to make loans though, that's a widespread misconception which is perpetuated by concepts such as 'fractional reserve banking'. In the modern economy bank lending is simply adding a number to some
566.
by spiralx 6y ago
I'm pretty certain you can trace a lot of the current fervour over short-sellers to Elon Musk's ongoing paranoid rants about how they're evil and trying to ruin Tesla. There's likely a large crossover between WallStreetB
567.
by spiralx 6y ago
Labelling one side of the arguments as "pro-censorship" is hardly a good faith interpretation of said positions that is likely to lead to nuanced discussion now is it? Discussion of this issue on HN started semi-reasonably and has
568.
by spiralx 6y ago
This just seems like a continuation of the anti-short selling hysteria whipped up by Elon Musk over the last few years. As you say nothing will have changed in a years time.
569.
by spiralx 6y ago
There certainly wasn't this hysteria about cancel culture when it was solely the tool of large, well-funded conservative and religious organisations - Mothers Against Dungeons & Dragons is the example that comes to mind for me imme
570.
by spiralx 6y ago
If that website doesn't ask me if I want to allow those trackers then it's forcing them upon me without my consent. How am I supposed to know if a website has a tracker before I visit it?

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