unknown_apostle

10 ms·

61.
by unknown_apostle 8y ago
Not sure if hydrogen cars are the future. But at the least, for a few years, they will run side by side with BEVs. Definitely in the form of buses and garbage trucks. That's why I'm currently quite fond of platinum as a speculativ
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by unknown_apostle 8y ago
Heuristics: use what has worked in the past and keeps working well enough today? You don't need to fully understand why it works. Aka "conservatism" in the broadest sense.
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by unknown_apostle 9y ago
I would say the big problem is financial. Tesla is not profitable and needs money. The thing which keeps the lights on is the willingness of investors to keep supporting high valuations of stock and bonds.
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by unknown_apostle 9y ago
“This is not a continuation. This is an usurpation.” Fine, call it usurpation already. Older pagan habits survived in later pagan habits. Pagan habits survived in catholicism. And catholic habits survived in Lutheranism. And now this whole
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by unknown_apostle 9y ago
"Is that perhaps because you don't have a good understanding of the history, or is it perhaps because recent changes affect you more strongly than old ones?" Of the 2 choices you present me with: neither. "This was part
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by unknown_apostle 9y ago
-> 16 vs 20: I said in the beginning (talking about Europe) "rapid destruction of a cultural heritage that has co-evolved together with the European peoples and even their secular institutions for at least 16 centuries." co-ev
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by unknown_apostle 9y ago
The whole thread, for me at least, is about confirming the Guardian article, that Christianity is declining in Europe. I'd say especially in NW-Europe. I'm not talking about deist intellectuals and their opinions, or academic theo
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by unknown_apostle 9y ago
"bring back the witch hunts, the crusades, the Spanish inquisition, pogroms, the Holocaust" Thanks for making my point.
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by unknown_apostle 9y ago
This is exactly my point: you mix up 20 centuries of christianity with 20 centuries of specific christian institutions and worldly regimes that existed in christian societies. And then you cherry pick some terrible, big historical events. Y
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by unknown_apostle 9y ago
Agree mostly with your answer. 20 centuries of Christianity has been reduced to a caricature. Most people don't even understand what has been given up. It's all persecution, corrupt popes, hatred for science, opium for the masses,
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by unknown_apostle 9y ago
This is a disastrous state of affairs, even if you don't believe in God. We are witnessing the rapid destruction of a cultural heritage that has co-evolved together with the European peoples and even their secular institutions for at l
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by unknown_apostle 9y ago
The main or even only thing 2 countries like Finland and Italy have in common was belonging to Christendom.
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by unknown_apostle 9y ago
Long ago given up on cryptocurrency, at least as long as current technical problems exist. But that without government we'd devolve into "bitter, cruel chaos" is definitely not a lesson. That's "not even wrong&quo
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by unknown_apostle 9y ago
Absolutely. Social media may be new, but coopting or even creating "outrage" as a weapon to further a specific political agenda is nothing new. The Chinese cultural revolution with its hysterical Red Guards comes to mind (as a par
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by unknown_apostle 9y ago
Well that was a waste of 30 seconds of my life. Neither funny nor insightful.
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by unknown_apostle 9y ago
Here's an idea for a (European) art work: collect the subsidy, cash it out in 50 euro notes and put the notes on a pedestal.
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by unknown_apostle 9y ago
During all of the above, to become a top modern artist: say and do stuff that is very disturbing or controversial to the plebes, but avoid real controversy at all cost when it comes to your art friends. However, to be a top future artis
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by unknown_apostle 9y ago
True. Things like gold, bitcoin, stamp collections, art, expensive cars etc serve a similar function: the function of "saving", as opposed to "investing". With "saving" I mean storing some excess purchasing pow
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by unknown_apostle 9y ago
So they negotiate 300 days of credit and cajoled you into becoming a kind of banker. But hey, why complain? You're being "rewarded" for the waiting while they grow even bigger (and more fragile) on the acquisitions you helped
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by unknown_apostle 9y ago
This morning I looked out of my kitchen window and saw a falcon picking apart a small animal (bird I think). It took an incredibly long time for the animal to stop moving. That's death in nature. We can and should strive to do better.
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by unknown_apostle 9y ago
Tether is on Omni layer. Its transactions are registered on the Bitcoin blockchain and I think that makes it traceable. USD -> USDT and back is traceable using standard investigations of books and banking transcripts of entities dealing
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by unknown_apostle 9y ago
But even then... Why USD -> USDT -> BTC -> USD? Why not USD -> BTC -> BTC -> BTC -> USD? What does the extra layer of USDT really add legally, except for some added obfuscation that a few extra "intra-bitcoin"
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by unknown_apostle 9y ago
But why don't they buy regular USD? Ask them next time :-)
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by unknown_apostle 9y ago
Good question. I'd say either the vast majority of tethers are held by the people behind Tether, and/or the non-Tether people who hold it are massively stupid. Any non-Tether people holding Tether are running a risk, with literall
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by unknown_apostle 9y ago
In all seriousness, who needs USDT when you (supposedly) got USD? Who would wire millions of actual USD to buy USDT to buy other coins?
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by unknown_apostle 9y ago
I'm very curious to understand this. Who is buying this? What is the real purpose? Who benefits in the end? Why is the daily volume 5 times market cap? I wonder if it would be possible just through statistical or network analysis of al
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by unknown_apostle 9y ago
What is absolutely amazing is that, since your comment (only 24 days ago), they granted 500.000.000 new USD tethers.
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by unknown_apostle 9y ago
"So will the heterodox become the new orthodoxy, and economics go quantum?" So did Thomas Friedman change his name? Also, to all people in economics, or rather social sciences: stop with the dinky physics comparisons.
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by unknown_apostle 9y ago
Because with borrowing or buying futures, your loss is potentially unlimited. So in practice you would rely on stop losses to avoid this. But in a crazy market like this, the stop losses could get triggered repeatedly and you'd get wor
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by unknown_apostle 9y ago
He's right about the shorting: to short it using futures is, in a way, to side yourself with potential ruin. Only through put options can you safely do this.

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