thorwasdfasdf

9 ms·

31.
by thorwasdfasdf 6y ago
TIPs I believe use the CPI, and so do other instruments like this. The CPI undercounts inflation by almost 1 to 1.5%. we've discussed this one many times: just look at bic mac index, housing prices, car prices. there are many bucket
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by thorwasdfasdf 6y ago
>> "Bitcoin is the textbook speculative mania for our time" This misses the point of bitcoin entirely. People need to understand Bitcoin solves a problem: a very big problem. This problem was caused by the gov and fed defa
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by thorwasdfasdf 6y ago
You'd think starting a reliable hosting business wouldn't be so hard, but Before digital ocean, I've used 3 other companies to host my businesses and had some pretty terrible experiences: - joyent end of lifed the servers I w
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by thorwasdfasdf 6y ago
I'd love to have worms!!! they say you have to build up an entire ecosystem of life in your soil to attract the most worms. I'm trying to find more ways of attracting them but it's hard to get specific studies that show thing
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by thorwasdfasdf 6y ago
Charles Dowding, the father of no dig gardening, suggests, you don't need to dig in any compost or ogranic matter, just put it on top, as you've suggested. Apparently, the worms and the microorganisms then get to work and bring a
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by thorwasdfasdf 6y ago
Bitcoin is not anonymous. there are strict KYC rules in place. Bitcoin is not for speculators, it's primary use case is a Store of value. There's large demand for a store of value, especially now that the bond market is finished
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by thorwasdfasdf 6y ago
What's right isn't always legal, often it isn't. And what's wrong isn't always illegal. At the end of the day, I think it's everyone's highest priority to do what's legal, rather than what's &q
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by thorwasdfasdf 6y ago
Debatable is an understatement. their discount model is completely disproportionate to the benefits that those features bring. If an auto now costs 50% more, and CPI really is 0% increase, then I expect to see a monetary benefit of 50%, e
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by thorwasdfasdf 6y ago
The CPI is a weighted average of several categories. and some of those categories severely underestimate inflation. For instance, the CPI says new car prices haven't increased in the last 20 years but, that's obviously not true,
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by thorwasdfasdf 6y ago
I think most people might be shocked that Government uses nearly a whopping 40% of GDP, at least in the US.
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by thorwasdfasdf 6y ago
but why in the world does it need to cost that much? what's wrong with just using the jets we already have. I mean we have like a gazillion of those things. what percentage of the military/armed forces is currently being used or
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by thorwasdfasdf 6y ago
100$ a month. Plus a 600$ fee to buy the hardware. i think they said 50mbps - 150mpbs It's a little on the pricey side but at least, as far I know, it's not comcast or at&t.
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by thorwasdfasdf 6y ago
Here in CA we pay 24c / Kwh on a regular basis. Why is it your power can be 0.8c/Kwh?, that seems really really low.
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by thorwasdfasdf 6y ago
Sure, app crashes undermine confidence in Robinhood. But, if you're a buy and hold investor, it shouldn't be an issue.
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by thorwasdfasdf 6y ago
this is vigilante justice. Is it a good idea for Facebook, amazon and random researchers on the web to hand out internet death sentences (as judge, jury and executioner)? without even any kind of due process? this is setting a potentially
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by thorwasdfasdf 6y ago
Ok, you make a good point about the possibility of collapsing demand. but, even after tether collapses, as long as bitcoin has sufficient buying demand, then there's no problem. (assuming there's a fixed set of HODLRS). As bitcoin
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by thorwasdfasdf 6y ago
What you're saying is only partially correct. Imagine if everyone stayed on the sidelines and did not sell any bitcoin (the HODLRS), as the number of sellers continues to diminish more and more and more, this puts upward pressure on bi
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by thorwasdfasdf 6y ago
Ok, for everyone here worried about the value of their BTC, please consider this. At the end of the day, all that really matters is what percentage of BTC bought was from HODLERS. If 80% of all BTC bought was from HODLERS, it means the ma
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by thorwasdfasdf 6y ago
that may have been the original intent but that's not very valuable. we already have electronic forms of cash payment, we don't need bitcoin for that. The IMMENSE value of bitcoin is that it can't be devalued. This is huge.
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by thorwasdfasdf 6y ago
I don't see how Tether can influence the price of bitcoin when bitcoin's market cap is more than an order of magnitude greater than Tether. Even if every single piece of tether out there was fraudulent, it would only have a tiny
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by thorwasdfasdf 6y ago
Beanie babies have lower liquidity. Also, you may not be aware because is a relatively recent development, but in mid-2020 there was a fundamental perception shift in the way that Wallstreet viewed bitcoin. nearly all the major the hedge
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by thorwasdfasdf 6y ago
Which is exactly why, over the long term bitcoin will continue to go up in value. As more and more countries debase/devalue their currency bitcoin will just keep going up and up.
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by thorwasdfasdf 6y ago
The point of bitcoin is NOT to make payments. That's not what it's for. Bitcoin is a STORE of VALUE, like gold or Bonds. We're currently in an age of unprecedented Fiat currency devaluation the likes of which we've neve
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by thorwasdfasdf 6y ago
FAANGs really need to expand into more and more industries if they expect to continue their hypergrowth. Apple, at 6% of SPY, especially.
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by thorwasdfasdf 6y ago
please note: sushi rice is not just plain white rice. Sushi rice often has sugar added to it, that's a big part of what makes it so addictive. And then, in the sushi itself, they often add oils, mayonaise (also made from oils), and s
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by thorwasdfasdf 6y ago
both the policy makers, and the masses of voters that support them.
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by thorwasdfasdf 6y ago
All it takes is for some other area to reach some critical mass, to gain a reputation for tech and reach a certain tech size. Once that happens, all that pent up CA move out demand will start prevail.
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by thorwasdfasdf 6y ago
Yes, that is a big problem. People don't seem to learn their lesson. CA peoples leave CA and go to austin and we're already seeing some of the same things happening there as in CA, where housing supply is restricted and of cours
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by thorwasdfasdf 6y ago
It may have more to do with cost structure. FAANGs have a willingness to pay much higher salaries, even if they could've hired for less than half the cost elsewhere so it makes more sense for them to be in the bay area, especially sin
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by thorwasdfasdf 6y ago
how is it walkable when the majority of people need to live over 50 miles away because nothing remotely close to SF costs low enough to afford? CA prides itself on being green and yet, the oppressive housing policies force everyone to commu

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