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121.
by tock 11mo ago
I think crypto is finally maturing. Consumers directly using it is just not going to happen. But institutions using it as a settlement layer seems to have traction. I'm curious to see what Stripe does with Tempo. For all the crap that
122.
by tock 11mo ago
> Let's tax 1% of that yearly, meaning we just gained $78 billion dollars per year! Congrats, with a $7 trillion yearly federal budget, your +$78 billion covers about 1% of federal spending. Excellent point. I'm glad you see ho
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by tock 11mo ago
European businesses are uncompetitive because of excess regulation. Not the ultra wealthy having to pay more tax. I'm pointing out they have wealth tax and haven't turned into a communist hellhole. None of the things you complain
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by tock 11mo ago
> So, the government steals a percent of private businesses every year? What does the government do with this? Are you suggesting that the government forces business owners to liquidate their own shares to give to the government? So on a
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by tock 11mo ago
> It does? Really? Yep. > nominally-egalitarian leaders racked up an eight-digit body count in the 20th century alone You don't believe in democracy and equal rights? Anyway billionaires love their 10 digits not 8.
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by tock 11mo ago
> So what do you do? We should be discussing strategies to tackle this. Not just go "oh lets just accept it". Just how many people have 100B+? Do you see them trying to interfere in governance and elections? Maybe we can have a
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by tock 11mo ago
> as generally happens when such ideas are put into practice Is this true? Lots of countries with high living standards have high taxes. It doesn't need to solve every problem but it does help solve the problem of one unelected pers
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by tock 11mo ago
But CEOs do influence politicians and central bankers. Heck you have people like Elon openly trying to influence elections in many countries using his money and fame.
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by tock 11mo ago
I think its more complicated. Has life improved for everyone in the last 100 years? Absolutely. Has life improved for everyone in the last 20 years? Debatable. Baseline needs like housing has only gotten worse. Its easy to compare with 1925
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by tock 11mo ago
The point of saying that is to inspire people to just start trying now. People cannot choose to become younger.
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by tock 11mo ago
Why make it on inheritance then? Tax wealth 100% above 2M. I do think this would doom progress but would be a fun exercise.
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by tock 11mo ago
Previously people could also afford housing :D
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by tock 11mo ago
> People in India are poor but that doesn’t mean the country is poor. Please stop. By your logic any country with a lot of people is rich. I already pointed out Norway vs Philippines for you. It is dirt poor by all numbers. Their extreme
134.
by tock 11mo ago
> Why the dig at Americans? America deserves the dig. Pulling out of the Paris accords. 22% renewable usage compared to the 60% of Germany. And now climate change denial. > The United States does work with India to develop green energ
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by tock 11mo ago
I forgot about the Green parties! Good to see them having such support!
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by tock 11mo ago
> You say you know then directly contradict yourself by bringing up consumption again. It's not a contradiction. Increasing consumption today will mean increase of greenhouse emissions. Any increase of consumption today still involv
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by tock 11mo ago
Yeah main issue is elasticity. But otherwise promising. China is adding insane solar capacity yearly so I guess they see it as promising too.
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by tock 11mo ago
No voter would. Humans would rather die from climate change than try and work together. Our innate tribalism is what makes solutions to this problem hard.
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by tock 11mo ago
We know. There are many reasons why countries choose more polluting sources of energy. Part of which is costs. The world runs on incentives. Maybe rich countries like the US can subsidize clean energy for poorer countries like India. Becaus
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by tock 11mo ago
And no policy is gonna willingly reduce energy consumption which is directly co-related with QOL when other countries have much higher per-capita consumption. Politically humans need fairness.
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by tock 11mo ago
Climate change isn't driven by human defined borders either. It's driven by total CO2 emissions. If a per-capita rate is non sensical then border based emissions are even more non sensical. Greenland only emits 0.001% of the total
142.
by tock 11mo ago
What % of that revenue comes from this(FortNine video): https://www.youtube.com/watch?v=BfNIRyPi5QA TLDR: Google shows the user an ad for a product they were already planning to buy at the very last minute.
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by tock 11mo ago
I've used the app router and it is fairly nice once you understand how all of it works. But its a bucket load of complexity nobody really needs. A normal react SPA using vite + wouter + react-query works brilliantly.
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by tock 11mo ago
I mean sure. Your logic applies to plain treasury bonds as well.
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by tock 11mo ago
Stablecoins are the greatest business model ever. You hold money as treasuries and earn risk free interest. There is literally no tech spend either. All profit no expenses.
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by tock 11mo ago
It isn't linked to the value of a US dollar. It is the US dollar. The value of 1 token will always be 1 USD. If the US economy collapses the USD will be less valuable but again: 1 token is still 1 USD.
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by tock 1y ago
My point stands. Its an incentive game. People work in BS fields because they pay more. People work BS jobs because again: they pay well. There is no incentive to work somewhere else.
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by tock 1y ago
Forget the last 5 years. Take the last 15 years. What exactly has say Meta contributed to the world? What true innovation?
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by tock 1y ago
> I hate to say it, but perhaps many people are employed in bullshit jobs because they are not capable of anything more challenging. Because bullshit jobs paid mode. Your average engineer working on ad targeting or at a hedge fund makes
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by tock 1y ago
To be fair a lot of the fired people were moderators and it shows today.

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