taysic

24 ms·

211.
by taysic 9y ago
There's a big difference between money that returns 10% within a given time period and money that remains even, or has mild ups and downs in value. If money becomes noticeably less valuable over time it becomes less attractive to hold
212.
by taysic 9y ago
His original quote was "Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women — two constituencies that are notoriously tough for libertarians — have rendered the notion of “capitalist democ
213.
by taysic 9y ago
I think the issue is that if housing prices hadn't gone up, they could buy a house of equal price without triggering capital gains. So if your house is 1m and 10 years later stays at 1m, then you can swap for any other house in the nei
214.
by taysic 9y ago
Anyone can but it still takes something significant to get traction - in this case it was a contentious difference in ideology. As long as a new token can fill a new need or niche, it can survive.
215.
by taysic 9y ago
Just a note - about 60% of Bitcoin addresses have less than $60 in them: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.... As fees get higher, those addresses become unspendable.
216.
by taysic 9y ago
But if Bitcoin is competing with another crypto such as Bitcoin Cash when buying the pizza... why not just buy it for next to no fee with Bitcoin Cash? Doesn't matter who the target is - its a no brainer. People don't want to spen
217.
by taysic 9y ago
The upgrade today to BCH is addressing this.
218.
by taysic 9y ago
So policing FB creates less of an echo chamber? Huh? It’s perpetuating the echo chamber of whoever gets appointed by the gov.
219.
by taysic 9y ago
How well would that apply to assets that are hard to measure the value of? Ie a house, a business or a painting even. I think it would encourage a system where people somehow minimize what their assets appear to be worth - or how well they
220.
by taysic 9y ago
As an MIT grad, what I particularly found challenging was the fast pace of work and the tough scoring on exams - not so much the subject matter. I wasn't impressed with this aspect of the education because I like taking my time with su
221.
by taysic 9y ago
I don’t see why you’re getting downvoted. This is a good question I don’t know the answer to. Id also like to know what the consequences are of the gov buying back bonds with quantitative easing... which at the very least to me seems to pum
222.
by taysic 9y ago
Lol the house you described would go over a million in the Bay Area and it was built before the 70s too. No heating or ac gets installed too. So I wonder how that gets accounted for in inflation?
223.
by taysic 9y ago
I like your examples - it helps you understand the culture of the company more. Esp if there are some strict rules or preferences. I found that I ended up learning most of these things in an in-person interview. I could tell other aspects o
224.
by taysic 9y ago
I disagree that there isn’t some totally fabricated information on the good sources you listed.
225.
by taysic 9y ago
But then by this logic why aren’t we regulating mainstream news too - I’m continually shocked by the sensationalist titles that have nothing to do with the article content, poor sources, or poorly derived conclusions. Why is that getting a
226.
by taysic 9y ago
If its being printed out of thin air (if hypothetically taxes can't cover costs) then its creating massive inflation.
227.
by taysic 9y ago
When you tax something you penalize it - so in this case you'd penalize owning land. This would seem to concentrate land in the hands of the wealthy as far as I can see.
228.
by taysic 9y ago
I agree with you - but we are increasingly moving toward a state where no community wants to grow or change esp in the Bay Area... which is not offering much for the next generation. Last I saw it’s something like 40% of those under 30 in C
229.
by taysic 9y ago
They could just stop approving new office space. I've noticed a lot of the prices increases started around when Twitter moved to Civic Center and SOMA began to open up to tech startups. I think the number of jobs vastly increased.
230.
by taysic 9y ago
Wow. That makes sense. That explains why so many seemingly infrequently visited businesses still have storefronts in Berkeley. I always wonder how they stay in business. I thought perhaps commercial rent control.
231.
by taysic 9y ago
I don’t disagree with you. I wonder at which point is it unethical to build more office space if the Bay Area has determined it prefers peace and quiet. Jobs can then relocate to places that want growth.
232.
by taysic 9y ago
A big reason for that is those communities are ultra nimby. If you want to buy land, it needs to be a large plot. This makes it inaccessible cost wise to most people even if they want to be pioneering.
233.
by taysic 9y ago
I’ve heard housing should ideally not cost more than 1/3 of your income to live comfortably. That would mean you’d have to make 72k after taxes a year to afford such a mortgage. I think it is crazy that two high earning people would be
234.
by taysic 9y ago
That assumes such a question could be definitively answered. First you’d need to quantify the scale of personality traits. Too much of the discussion around this is hand wavey.
235.
by taysic 9y ago
Why would too much fruit be bad? This is sadly a myth that gets formed when “sugar is bad” is oversimplified.
236.
by taysic 9y ago
What kind of bias? I copy pasted a cluster of lines from that page, but the sources themselves are well documented, mainly from the gov itself. Anyway here's another source that shows that meat consumption has dramatically increased si
237.
by taysic 9y ago
We can start by removing subsidies. Amount US taxpayers spend yearly to subsidize meat and dairy : $38 billion To subsidize fruits and vegetables : $17 million US retail price of a pound of chicken in 1935 (adjusted for inflation) : $5.07 I
238.
by taysic 9y ago
From what I understand Uber is much more affordable than cabs on average which can make a big difference to people. In the city I live near, there used to be such a shortage of cabs, waiting for an hour as they drove by you or after you cal
239.
by taysic 9y ago
You don't even need regulation. You just need a private market of flood insurance that will be naturally prohibitive where the risk is high. The problem with leaving it up to regulation is that there are too many interested parties in
240.
by taysic 9y ago
I know people who bought the Juicero so how do you know it didn't have the potential to make money? That is a gamble that is up to investors to decide. A niche product can still be very profitable.

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