theseatoms

9 ms·

61.
by theseatoms 9y ago
What sorts of instances of corporate control are you thinking of here? Most examples that come to my mind involve corporations wielding the power of the state over people.
62.
by theseatoms 9y ago
They need to maintain the trust of the marginal user. It’s going to be fun to spectate and guess where the network effect breaking point might be.
63.
by theseatoms 9y ago
The key difference is that you can opt out of your relationship with one, but not the other. At least they tend to lock horns. To the extent that the two collaborate, we should be suspicious.
64.
by theseatoms 9y ago
Also known as, "having principles." See also, "consistency."
65.
by theseatoms 9y ago
or why ISP competition matters
66.
by theseatoms 9y ago
Interesting. What Italian word best maps to "concurrency"?
67.
by theseatoms 9y ago
Best to hedge your bets by trying to own some real estate. Are there NYC-specific REITs for doing this in < 1 "house sticker price" increments? "Hometown REITs" could help renters avoid being priced out, around the ma
68.
by theseatoms 9y ago
How is this different than the stock market?
69.
by theseatoms 9y ago
What % of medical expenditures does this scenario encompass? You're describing a corner case that can be, at least partially, planned for ahead of time (by consumers, insurers, a combination of the two, etc). And sometimes your hand is
70.
by theseatoms 9y ago
Yeah. Just recognize it as "consumption" rather than "investment" in economic terms. People usually conflate the two with regard to home-ownership as well.
71.
by theseatoms 9y ago
> Try walking into a hospital and asking how much something costs. I can tell you that you won't/can't get an answer in over 60%, specifically because the software they use does not show prices only billing codes! So the p
72.
by theseatoms 9y ago
That's the frustrating thing though. Doctors tend not to talk in probabilities of outcomes. Fortunately I haven't had a ton of experience trying to get them to do so.
73.
by theseatoms 9y ago
What could it even mean for a part of the federal government to be "non-partisan"? Rogue / representing no one?
74.
by theseatoms 9y ago
> The instant you sign a mortgage it becomes in your economic best interest to limit the supply of housing. In the long-run you want economic development to happen though.
75.
by theseatoms 9y ago
Then what's it called when two counteracting policies produce outcomes that are strictly worse than no policy at all?
76.
by theseatoms 9y ago
> In a deflationary environment, one need only hold currency or inert commodities in order to have greater future purchasing power. Carry this thought experiment a few steps further. What will people buy every day, despite this currenc
77.
by theseatoms 9y ago
It's the purest form (yet discovered) of McLuhan's Global Village: https://www.youtube.com/watch?v=HeDnPP6ntic Fittingly, I first learned of this concept on Twitter.
78.
by theseatoms 9y ago
Well when you put it that way... In that scenario I suppose bitcoin's only hope would be that the countries of the world wouldn't coordinate to enforce a global ban. Seems unlikely that they would. But, back to your point, a total
79.
by theseatoms 9y ago
Helpful. Thanks.
80.
by theseatoms 9y ago
Does purchasing goods or services directly with bitcoin count as "handl[ing] the transfer into and out of crypto"? Doesn't "crypto" then simply become "money"? Don't get me wrong. That vision of the f
81.
by theseatoms 9y ago
Oh, I'm pretty sure that governments will try to ban bitcoin, given that it gets more traction as an actual medium of exchange. I'm trying to assess if they'll succeed, and if so, "how?"
82.
by theseatoms 9y ago
I'm certainly not an expert in this domain, but how exactly would a government ban bitcoin? Is it possible to do without banning the Internet? Governments can eliminate centralized services like Coinbase. But that only makes Bitcoin s
83.
by theseatoms 9y ago
I stand corrected.
84.
by theseatoms 9y ago
The long-term value will be in the ability to send censorship-proof funds anywhere there's an internet connection. The Lightning Network (yet to be deployed in production) is supposedly going to reduce transaction fees and confirmation
85.
by theseatoms 9y ago
Chicago
86.
by theseatoms 9y ago
E.g. Sam Harris
87.
by theseatoms 9y ago
This is my long-term expectation as well. The best criticism of "BTC as payment solution" remains fees / confirmation times. And the LN directly addresses this. But who knows how long it'll take for a critical threshold
88.
by theseatoms 9y ago
By 1950s standards, most Americans are "techies". We learn what we have to in order to survive in a given environment.
89.
by theseatoms 9y ago
> They use reverse burden of proof. Your money can be seized and you must explain its origin or you lose it. Definitely something I'd like to see challenged in the court system.
90.
by theseatoms 9y ago
This parallels the healthcare sector, where administrative costs have outpaced the cost of actual care. Both are markets heavily distorted by the federal government. I worry that there's no solution to these problems that won't di

More ›