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the_local_host
searching PlanetScale…
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61.
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by
the_local_host
5y ago
Of course everyone is actually there to meet people, but you can't look like that's what you're doing. You have to look like you're doing something else, to lower the stakes of the interactions. Everyone has to look
62.
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by
the_local_host
5y ago
Exactly, which is why neutering tax authorities would lead to plutocracy, where the rich stay rich and the poor have no recourse. A fair society can't rely on the goodwill of the wealthy.
63.
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by
the_local_host
5y ago
If paying taxes becomes voluntary, people are only going to pay for policies that benefit them, rather than what is in the public interest. Social stability, and fairness, would be likely to suffer.
64.
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by
the_local_host
5y ago
Why is the threshold set at "stomping out cryptocurrency"? The state as the resources to prosecute a lot of crimes. The US has a huge incarceration rate. Even if cryptocurrencies weren't completely stomped out, shouting &
65.
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by
the_local_host
5y ago
Why bother settling on the blockchain at all? The second-layer transactions could just float, like the dollar separated from the gold standard.
66.
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by
the_local_host
5y ago
Applying "human" as an adjective to something else seems almost guaranteed to sound unkind to humans. No one wants to be a "human [something_not_human]".
67.
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by
the_local_host
5y ago
Blacklisting definitely changes fungibility. Some bitcoins are different than others, because of their history.
68.
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by
the_local_host
5y ago
I don't think it's orthogonal; no traditional contract actually facilitates the burglary, whereas poorly-implemented smart contracts do. If the "real" contract is the one enforced by law, and the "smart" contra
69.
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by
the_local_host
5y ago
Indeed. It seems redundant if smart contracts are just another expression of the “real”, legally enforceable contract. When not implement it in legalese directly and eliminate the possibility of a scam in the code?
70.
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by
the_local_host
5y ago
> Any natural resource which is inherently limited in supply can generate economic rent... Georgists argue that taxing economic rent is efficient, fair and equitable. Take out "natural" and it seems like any non-inflationary cr
71.
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by
the_local_host
5y ago
Even assuming ruthlessness, it's still in the company's interest to make sure a new hire isn't going to quit five minutes after they see what the company is really about. Hiring costs money.
72.
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by
the_local_host
5y ago
> Even without capitalism, you have a duty to create value for the people around you I don't think this is true. This is one of these work ethic corollaries that helped build wealthy societies when productivity was proportional to
73.
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by
the_local_host
5y ago
Professionals don't gamble with their own money . They gamble with other people's money, and keep a percentage if they win. "Common people" are entering the game without the most important piece of equipment they need,
74.
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by
the_local_host
5y ago
I had the same idea, and it would be funny , but investigators wouldn't have to unravel the whole thing. They'd just have to look at anyone unwise enough to use the money instead of turning it over to authorities (or abandoning t
75.
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by
the_local_host
5y ago
I'm not a lawyer, but I think the USA has a reasonable position on how much defamation should be tolerated. Slander and libel are illegal, but the threshold at which the law takes effect depends on how public the target is. As such car
76.
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by
the_local_host
5y ago
Bitcoin can only be demonstrably free of government controls by continuing to operate after being made illegal. I wonder if its creators actually intended to make it a target for legal sanction by building in conspicuous environmental co
77.
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by
the_local_host
5y ago
It would be interesting to study whether placebos stop working if you forget to take them.
78.
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by
the_local_host
5y ago
I'll second this opinion. I drilled on Leetcode medium problems to address some deficiencies in a recent job search (whilst in my late 40s age-wise). It made a huge difference in the interview outcomes, and I've found that I
79.
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by
the_local_host
5y ago
> I would expect a lot of the "but the gov will ban it" arguments to be significantly weaker... Cryptocurrency supporters should be lobbying for government bans, not against them. The most direct way to demonstrate that crypt
80.
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by
the_local_host
5y ago
> Are you saying someone would need to post more than the value of the share? Yes, as an alternative to not allowing the trade. If the bank considers something highly risky, it makes sense to protect themselves and the customer by making
81.
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by
the_local_host
5y ago
The graph shows that middle class wealth increased from 1983 to 2001, then decreased from 2001 to 2016. The latter period (with the decrease) is the most pertinent considering the Graham essay is from 2021 and called "How People Get R
82.
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by
the_local_host
5y ago
If they're concerned about exposure, they could simply set the margin trading leverage below 1 (e.g. offering 0.1x leverage so that customers have to post $10 in margin to buy $1 in MicroStrategy shares).
83.
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by
the_local_host
5y ago
It definitely takes a bias toward "wealth accumulation is good" to present the following as good news: > "The reason the percentage of heirs has decreased is not that fewer people are inheriting great fortunes, but that mo
84.
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by
the_local_host
5y ago
Digital art can be recreated easily, which is probably one reason why few people have been paying money for it. Physical art, which people have historically paid for, is much more difficult to credibly reproduce than NFTs. Edited to add: Mo
85.
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by
the_local_host
5y ago
If we're invoking theoretical possibilities, anyone can declare another piece of are to be the new version. I don't think re-recording albums for the purpose of attacking former business partners, who priced the intellectual prope
86.
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by
the_local_host
5y ago
Is there anything (other than lawsuits) preventing issuers from "printing NFTs" and diluting the value of those already sold? It seems like a blockchain-based technology that only works when backed by the threat of lawsuits combin
87.
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by
the_local_host
5y ago
It was a single paragraph of historical context, I don't think that's uncalled for.
88.
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by
the_local_host
6y ago
"Imagine 100% is active" <- Did you mean "Imagine 100% is passive"? That said, I as a buyer-and-holder, I welcome the hordes of active traders willing to expend time, effort, and money to discover the price that I too
89.
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by
the_local_host
6y ago
I wonder if having a bias toward adding things provides an evolutionary edge when the situation gets gnarly and you're starting with nothing working.
90.
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by
the_local_host
6y ago
Dysfunctional companies consume effort, but they waste it. People work themselves to the point of burnout with little to show for it. What the original poster needs is a company that is already functioning without them, and does not requir
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