throwastrike

7 ms·

1.
by throwastrike 5y ago
I wonder whether this is actually a good thing over the long run? My thinking is that our constant exposure to viruses strengthen our immune system.
2.
by throwastrike 5y ago
In early 00’s I bet big that India will surpass China. I was very wrong.
3.
by throwastrike 5y ago
Nope. I think Apple knows this is overpriced and buying a company is very different from buying a stock. Intrinsic value is fraction of the market price and prevailing price Apple likely had to pay. My guess is Elon also asked for a board s
4.
by throwastrike 5y ago
What is crypto replacing really? I’ve yet to read even a fair explanation without mental gymnastics. And I’ve been waiting to the last ten years.
5.
by throwastrike 5y ago
I really don’t think that’s up for a contest. Just MIT and Stanford alone would be considered the best in the world. Now add entities such as the Bell Labs of yesteryears.
6.
by throwastrike 5y ago
Think it has a lot to do with the fact the US is a free country.
7.
by throwastrike 5y ago
Which is same for Squarespace. Shopify said they’d work on fulfillment to tackle Amazon years ago. How’s that effort going? Isn’t Shopify hailed as the next Amazon? Do they actually own any IP?
8.
by throwastrike 5y ago
Shopify ecom functionality is mostly third party no? Payment is Stripe. What are you paying Shopify for? It’s just a platform.
9.
by throwastrike 5y ago
Ed Thorp AND Claude Shannon! One of the best nontechnical finance books ever written. In practice though, positioning doesn’t work like that in modern times because a lot of your entries and exits happen around liquidity events. However, it
10.
by throwastrike 5y ago
Exactly. If you work for a bank, you can’t buy certain stocks. Some firms will limit you to ETFs and indices. Why can’t we apply simple private sector rules? Politicians, both republican and democrats, are crooks. I don’t think you can cont
11.
by throwastrike 5y ago
I could get away with using my old 2013 Macbook Pro for 90% of my computing needs. I could run the rest in the cloud. Sure I have the latest AMD and I know the headline numbers but I wouldn’t be able to tell you that consumer chips improved
12.
by throwastrike 5y ago
That’s an interesting take. I feel the chip space is driven by marketing a bit too much. At the data center level I don’t believe the performance difference is as dramatic in practical terms. For the most part, you’re not missing out that m
13.
by throwastrike 5y ago
I strongly believe this is going to allow Intel to make a dramatic comeback. It will buy them enough time to catch up while everyone is stuck buying Intel still as a result of supply constraint.
14.
by throwastrike 5y ago
Don’t even care that it’s AI. It’s just that the AI-based products simply suck. Which is saying a lot considering all the money being thrown at it to solve simple problems.
15.
by throwastrike 5y ago
The exchange game as it was with stocks and bonds is all about consolidation (and resulting revenue base). People are betting that coinbase will consolidate the market. I don’t buy it but that’s the “story”.
16.
by throwastrike 5y ago
A green crypto will not work unless it’s tied to BTC. BTC is basically a ponzi scheme built on top of ponzi schemes on top of ponzi schemes. I too was optimistic about cryptocurrencies back in 2013-14. I thought we’d eventually have a globa
17.
by throwastrike 5y ago
I don’t think national rivalries and all that will be around much longer. Borders are getting increasingly meaningless. People just want the freedom to make a good honest living anywhere on earth. Anything that gets in the way is doomed to
18.
by throwastrike 5y ago
And I am betting that CCP will implode within the decade. If west is in decline please stop sending your top students abroad to study (and stay there). Great job promoting brain drain. I am tired of this unfounded narrative that the west is
19.
by throwastrike 5y ago
I am not contesting that cash isn’t laundered. I am simply pointing out that whenever someone brings up crypto being utilized for money laundering the first argument is almost always “well cash is also used for money laundering” which is pr
20.
by throwastrike 5y ago
I am sorry but that’s a very weak argument about cash being involved in illicit transactions. As it stands right now cash is still TANGIBLE. If you want to launder cash you still need to be physically present. Crypto not so much. I will lea