throwaway-8c93

7 ms·

31.
by throwaway-8c93 6y ago
The automakers' behavior makes much more sense once you assume they did their homework, and came out with the same conclusion as everyone else: that the future of personal transport is in battery electric vehicles, and that future impl
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by throwaway-8c93 6y ago
And not only that. Once the last block is mined, the only revenue for the miners will be transaction fees. If anyone insists on a large future valuation of BTC, it follows there will be massive future transaction fees. Massive transaction f
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by throwaway-8c93 6y ago
> gold's use-value in tech and jewelery is a small fraction of gold's exchange-value According to Wikipedia: "The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.&quo
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by throwaway-8c93 6y ago
> No, it takes a lot of energy to get out of orbit Does it? It takes ~10000 m/s of delta-v to reach low Earth orbit, but afaik only about extra ~30 m/s to deorbit, with aerobraking taking care of the rest of the velocity. Or is
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by throwaway-8c93 6y ago
> That we had the tools to fight poverty and create better living conditions all along but deliberately didn’t chose to do so? Yes, that's it in a nutshell. Even the standard 1940s mainstream Keynes doctrine is quite clear on the no
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by throwaway-8c93 6y ago
> because as we know money isn’t a great motivator HR industry would like you to believe that, but it's an intentional bastardization of the original research by Kahneman and Deaton (1), twisting their words to fit their cost cuttin
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by throwaway-8c93 6y ago
The rise Nazi is more a result of the sweeping austerity program Brüning's administration embarked on at the onset of the Great Depression. The hyperinflation episode took place in 1922-1923, Nazi's took power in 1933. It's a
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by throwaway-8c93 6y ago
Gold is a material with certain physical properties that cannot be replicated: it's attractively shiny, rare, dense, and chemically inert. These properties make it ideal for an international store of value across time. Moreover, those
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by throwaway-8c93 6y ago
Google accepted the anti-consumer challenge: on Android, links from Google Assistant and Google News feed ignore phone's default browser setting, and open in Chrome instead. Not only has Chrome near monopoly, cemented by being the defa
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by throwaway-8c93 6y ago
At the same time, cargo ships transport an unbelievable amount of cargo. They're an order of magnitude more efficient per tonne/km than trucks, and two orders of magnitude more efficient than air freight. Economic incentives from
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by throwaway-8c93 6y ago
It's not a fair fight. In the end, there is a huge asymmetry in power, all the real power lies with the corporation. Behaving with clemency and goodwill is a privilege bestowed upon employees (and unions) that can be unilaterally revok
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by throwaway-8c93 6y ago
The linked article obviously has a gold-bug agenda. That's why I think it's important to bring one more argument in favor of the root cause being some physical constraint, rather than legal or organizational: At around the same ti
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by throwaway-8c93 6y ago
After having witnessed dramatic declines in union membership in new European Union members, and continuing downward trend in Scandinavian countries, I feel like the drop in membership is the consequence of unions becoming powerless, not a c
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by throwaway-8c93 6y ago
Given the content of the linked article, I heartily recommend taking a peek at Peter Turchin's work on Secular Cycles (1). He also keeps a blog, where he expands on some of the ideas. Not a light reading, though. The best introduction