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tekkk
searching PlanetScale…
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211.
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by
tekkk
6y ago
If you are buying individual stocks, you can't really diversify your investments too much. I myself also enjoy the feeling of "getting it right" and only invest in companies that I absolutely believe in (and when that stops,
212.
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by
tekkk
6y ago
Noo, you should not hodl something forever just because you bought it and it's precious to you. The thing about investing and stock market in general is, that people are constantly seeking the _best_ returns. If you have invested in so
213.
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by
tekkk
6y ago
What? Most nations are only hundred years old or so. Gold has retained its value because it's a tangible asset. Unlike bitcoin that becomes worthless without internet and network of miners. Even fiat currencies, thousand or more years
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by
tekkk
6y ago
Does this offer similar functionality to GraphLab? It's sad how badly that project has deteriorated. Yet in some algorithms the difference is still between night and day compared to NetworkX to compute eg PageRank.
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tekkk
6y ago
I agree with your point but i would also want to point out this has been a problem since the dawn of man. Governments and organizations have been plagued by unending bureucracy and corruption that grows worse the longer it has been in exist
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by
tekkk
6y ago
Jesus that's dark. Everybody needs community, there's nothing privileged about that. Through the ages we have bound ourselves to our profession and the people we work with and for in our community. Is that some far-fetched ideal t
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by
tekkk
6y ago
These people really didnt think about how people are going to pronounce their pigment? YInMn - what a monster of a name. In the olden days at least people gave colors great names that were easy to prounounce and provided them personality. U
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by
tekkk
6y ago
No, it's the isolation that is way more harmful. Sure you can be alone even with social connections if they are superficial, but we humans are hard-wired to seek community and social connections to validate our existence. Similar to wo
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Toshiba is first to use X-rays for write heads to increase HDD capacity
(spring8.or.jp)
2 points
by
tekkk
6y ago
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0 comments
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by
tekkk
6y ago
You're way off the mark with your examples. More appropriate ones would be military weapons, multi-level marketing, payday loan firms with ridiculous interest rates, scummy advertisement firms. You might not remember that in the Middle
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by
tekkk
6y ago
So the party keeps going as long as there is enough of willing buyers to buy at these levels. I wonder when the situation reverses and there is more sellers than buyers. Here's another thing I have thought about. I recall reading that
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by
tekkk
6y ago
It's psychological anchoring and a mixture of greed combined with a technical innovation which isn't terrible per se, but which does not in fact solve the problem it was originally designed to do. Made artificially inefficient to
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by
tekkk
6y ago
Sure but the de facto standard way of dealing with this issue is storing cash in a well-established fiat currency, like US dollar. Although I'm not sure what are you implying. I would assume buying US dollars is as easy as buying bitco
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by
tekkk
6y ago
I have been reading about people pining for gold standard but doesn't anyone anymore remember the Great Depression where the gold standard actually made the matters a lot worse when the governments couldn't print more money? I g
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by
tekkk
6y ago
Not to burst your bubble but assets with extreme volatility, like bitcoin, are not suitable for saving purposes. Investment maybe, but not saving. I assume "saving" purpose in this case means that it withholds its value while bein
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by
tekkk
6y ago
I have to agree. Although some of these things are clearly subjective and can't be compared, I think the true mark of a concept living up to its hype is how ubiquitous the approach it pioneered has become. IPhone, for example, can be s
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by
tekkk
6y ago
That is so true. Ethics are mere marketing talk when investor profits are on the line. And Foxconn is universally considered as the "evil guy" when they are just doing exactly what Apple wants them to do: manufacture the parts ver
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by
tekkk
6y ago
The problem with nokia is, still, that it's badly run. It didnt just suddenly stop when elop came and drove the mobile phone division to the ground. It is just full of mediocre people with a lot of bureaucracy to make some people feel
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by
tekkk
6y ago
Yes I also find these arguments absurd. These companies have been building cars for decades and now suddenly they would be somehow out of their element switching complex combustion engines to much simpler electric motors? Unless Tesla makes
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by
tekkk
6y ago
It reads that they raised no external funding whatsoever? Is that true? If so, how? Did they just code an app and start immediately selling it, working another jobs until it become enough profitable to support them full-time? It sounds quit
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by
tekkk
6y ago
And the thing is, Google UI/UX is not all that awful in many ways. Compared to some other corporate websites it looks and functions pretty well. But it could be so much better and which we would expect for a company of Google's ca
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by
tekkk
6y ago
Well Jesus, I think the people commenting here in HN were exactly right not to hype an unproven and unreliable looking techno-currency. If that made you not to want to invest in bitcoin, not just gamble, then I guess they did their purpos
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by
tekkk
6y ago
Tax dodging? Tax drain? I don't see what's all this fuss about, it's just simple tax "planning" as exercised by the wealthy. I guess the extra billions will make him happier, but it's weird we get attached to s
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by
tekkk
6y ago
Ok, I see. But still, this boosted urbanization doesn't seem that great for building diverse cities. Just making as tall and densely-packed buildings as possible. Yeah, ok if you build villas in the city center I can see it being usefu
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by
tekkk
6y ago
Hmm, even though that's a bit of a stretch that actually makes sense. Also Russia seems like the only geo-political adversary that could pull this off and have a vested interest in keeping Cuba in their sphere.
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by
tekkk
6y ago
Sure, but would that be the case either way? I am quite suspicious how it would work better than the property + undeveloped land tax. And I would say LVT would disproportionally affect the poorer folk who live in the country side with a lot
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by
tekkk
6y ago
I think this has been implemented already in Finland. The tax administration evaluates the property's value (both land and infrastructure) and taxes it accordingly, eg 0.5%. For unused land the municipality can set an extra tax to coer
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by
tekkk
6y ago
I neither can understand why it is considered as investment but I guess scarcity and how it can be exchanged anonymously and cheaply for large sums makes it lucrative. Especially if you want to avoid governments for some reason.
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by
tekkk
6y ago
Wow. That is outrageous. And it's public knowledge yet nobody has done anything about it? There clearly should be an outside organization which sole purpose should be to investigate police crimes and somehow establish moral code that i
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by
tekkk
6y ago
Contrary to some other HNers, my opinion is that you clearly lacked a social network that would have given you momentum and clear goals. You worked alone, you did not build the product for one specific client and you did not succeed in buil
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