wz1000

22 ms·

151.
by wz1000 9y ago
> There's nothing nefarious about that. https://www.washingtonpost.com/news/the-switch/wp/2013/10/25... A small example of the nefarious behaviour you support by paying for Netflix. > Yes
152.
by wz1000 9y ago
> I find it really hard to believe that paying for content is unethical. Your money isn't going to the people who created the content. It is going to cartels that have no interests in common with you, and have massive lobbying power
153.
by wz1000 9y ago
> Netflix has more than 110 million subscribers. > Netflix operates in more than 200 countries The five largest public torrent trackers track 30-50 million peers at any given time, serving over 10 million torrents. Torrents are estima
154.
by wz1000 9y ago
Neural networks as are trendy in ML today have little or nothing to do with the neurons in the human brain.
155.
by wz1000 9y ago
Everyone needs to pay taxes if they don't want to have the police kick in their door and drag them off to prison. Most people don't have an unavoidable need to evade taxes. Using bitcoin to move around assets and evade taxes p
156.
by wz1000 9y ago
Fiat has an intrinsic value, in that it can extinguish your tax liabilities. Come April 15th, it doesn't matter whether your income is in bitcoins or onions or beanie babies, you will have to acquire USD somehow to pay the IRS their
157.
by wz1000 9y ago
Even stocks that don't pay dividends have a value floor(assuming the company doesn't go bankrupt)- the amount of money you can get by selling off company assets(office buildings, tech, equipment, patents etc.).
158.
by wz1000 9y ago
> There are two extreme ways to remove the inheritance problem. One would be to forfeit personal property: you can't give what you don't own. You are talking about private property. Personal property is distinct from private pr
159.
by wz1000 9y ago
I believe Israeli kibbutz had communal child rearing.
160.
by wz1000 9y ago
> But consuming more electricity would produce more bitcoin. No, Bitcoin is produced at a fixed rate. If more power goes into mining, difficulty increases to compensate.
161.
by wz1000 9y ago
Even if they find cheaper energy, they will still spend $27 million on it a day. They will just consume more electricity.
162.
by wz1000 9y ago
The same is true of all electronic payment systems, fiat included. Bitcoin adds nothing to the equation.
163.
by wz1000 9y ago
As long as there is a non trivial profit margin, more miners will keep entering the game until the the margin shrinks to a small enough figure that nobody else wants to start mining.
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by wz1000 9y ago
> What’s more, bitcoin’s consumption won’t necessarily keep rising as it has. Data centers, for example, have gotten a lot better. Not long ago, the Department of Energy was predicting that their electricity use would double every five y
165.
by wz1000 9y ago
It is profitable for the entire network to burn upto 12.5*price of bitcoin dollars worth of coal every ~10 minutes. At $15,000 a BTC, that means miners can consume $27,000,000 worth of electricity a day and still remain profitable. This amo
166.
by wz1000 9y ago
This reminds me of something Slavoj Žižek often likes to bring up. > In the Stalinist ideological imaginary, universal reason is objectivised in the guise of the inexorable laws of historical progress, and we are all its servants, the le
167.
by wz1000 9y ago
It takes just a couple of lines to "prove" that 1+1 = 2. Most of the proof is simply defining 1,2,+ and =. https://en.wikipedia.org/wiki/Peano_axioms
168.
by wz1000 9y ago
> Does this really require knowing abstract algebra? Seems obvious to anyone doing any sort of multiplication that if the output is 0 then one of variables/functions has to be 0 No, this is only true when you are doing multiplicatio
169.
The 7 Deadly Innocent Frauds of Economic Policy [pdf](moslereconomics.com)
1 points by wz1000 9y ago|0 comments
170.
by wz1000 9y ago
"Public Debt" is not an issue. It is probably one of the biggest economic advantages the US has. US dollars(which all US debt is denominated in) are issued by the US government. This means that it is impossible to "default&qu
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by wz1000 9y ago
The cost of mining bitcoin is dependent on the value, not the other way around. This is because the rate of creation of bitcoin is essentially fixed. If the price rises, mining becomes more profitable, so more resources go into mining, but
172.
by wz1000 9y ago
> We've had unprecedented global quantitative easing over the past decade, so it's quite natural that house prices globally will meet and surpass all time highs. QE is not "printing money". It is exchange of interest
173.
by wz1000 9y ago
Ironically, the recent victories against ISIS in Syria are due in large part due to the efforts of YPG and YPJ, the Kurdish militias that make up most of the SDF The SDF is the preferred name used by US/Western media to reduce associat
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by wz1000 9y ago
The power that EFF and FSF are able to wield is miniscule in comparison to what is possible with a broad, industry wide union of tech workers.
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by wz1000 9y ago
> "America is also bad!" would not be a defense to selling chemical weapons to Hussein. Ah, but America has also done this. https://en.wikipedia.org/wiki/Riegle_Report https://en.wikipedia.org&#
176.
by wz1000 9y ago
> No amount of type safety will prove my game is fun, or that my user can understand the UI No, but what it can ensure to some extent is that your game runs , and doesn't crash randomly. If the game crashes constantly, no one is go
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by wz1000 9y ago
You can have dynamic "type-tags" for your unityped language too. That is what is done in the EDN ADT described in the article.
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by wz1000 9y ago
The point is, types give you an option to encode invariants at compile time. You can choose to use this to your advantage, or not use it at all(use ByteString for everything). With dynamic types(or just one type), you don't even have t
179.
by wz1000 9y ago
A dynamically typed language is a statically typed language with precisely one type. It is extremely easy to use haskell in "dynamic mode". Just use `ByteString`(or Data.Dynamic for safety/convenience) for all your data. Type
180.
by wz1000 9y ago
And what came of the Arab Spring and its western cousin, Occupy Wall Street? Pretty much nothing, excluding moderate success in Tunisia. They were all crushed, either by the state itself, or through foreign intervention.

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