zeteo

48 ms·

421.
by zeteo 14y ago
>Connections are dramatically overrated. [...] From my year at a YC startup, I made more valuable (and warm) connections than I have ever made in college Congrats on making it into YC. Yes, it's probably better than college for profitab
422.
by zeteo 14y ago
I would first of all argue that monetary value should not be the primary consideration of deciding to go to college. But fine, let's discuss money. The most glaring weakness of your argument is that it only considers the first few years. I
423.
by zeteo 14y ago
The events in Boston are tragic, but this stoking of mass hysteria around them is not that great either. I find it hard to believe that someone like John McCain, who had no problem with dropping bombs from his plane onto Vietnamese civilian
424.
by zeteo 14y ago
The FBI had already identified the suspects at that point. The practice of presenting an image - possibly of poor quality - to the public and asking for information to help apprehend the suspect is pretty old and standard police practice. Y
425.
by zeteo 14y ago
This article does little more than pointlessly recycle the tired old trope of the "wisdom of crowds". Yes, the Boston police tried to create some sort of ad-hoc Mechanical Turk. With what results? The relevant video came not from a cellphon
426.
by zeteo 14y ago
Crouching, having your arms crossed etc. doesn't mean "don't beat me up". Sure, you might not be completely confident, but there's a long way from there to submissive. And, as I mentioned above, is it necessarily such a good social signal t
427.
by zeteo 14y ago
This kind of article doesn't address the issue known as Chesterton's fence [1]. If so-called "low power" poses are so bad for you, why have they survived evolution? Why do we have such strong ingrained impulses to assume them in the first p
428.
by zeteo 14y ago
Hydroelectricity took a century and a half of industrial development (1712: first steam engine 1880s: first hydroelectric plant) to become practical, and even then it couldn't power railways or ocean freighters. The history of the Industria
429.
by zeteo 14y ago
>energy is available through many means Even a wealthy economy like the US still draws almost half of its electricity from coal [1]. If Americans couldn't afford to switch to solar already, how are the Chinese supposed to? >the Chin
430.
by zeteo 14y ago
> England has plenty of hydro power capacity to easily meet the needs of the early industrial revolution The English begged to differ. The early Industrial Revolution was powered by water [1], but they switched to coal as soon as they c
431.
by zeteo 14y ago
>coal is the enemy of the human race What a spoiled, Western-centric, historically ignorant point of view. Without coal mining in England, there would have been no steam engine, no railways, and no modern economy. Preaching to the Chine
432.
by zeteo 14y ago
I'm no big fan of die-hard economic thinking. (I don't think many have been since the Great Irish Famine.) But the arguments in this article are weak and do disservice to actual criticism. > Is there some level of carbon tax at which we
433.
by zeteo 14y ago
Carbon dioxide, by itself, is a rather weak greenhouse gas. Most if not all of the models discussed here (note that there is no scientific consensus on a single model) involve a runaway process in which the rise of CO₂ triggers a precipitou
434.
by zeteo 14y ago
I think the problem here is that we don't have the original prokaryote genome. Today's prokaryotes have gone through billions of years of evolution and might well have longer genomes than their distant ancestors. So the leftmost points on t
435.
by zeteo 14y ago
>Rent seeking can't and won't last [because] too many people have more comfort, want too many things, and are harder to control - and now more than ever. That's a rather pie-in-the-sky argument. People pursue rent-seeking because it g
436.
by zeteo 14y ago
>exponential as designed when used P2P That's not any clearer than the original. Please, do explain.
437.
by zeteo 14y ago
Of course it's not a deal breaker. All I'm saying is that Bitcoin doesn't enforce exchange . There's nothing in the Bitcoin protocol that forces Namecoin to give you a domain name.
438.
by zeteo 14y ago
I'm not saying BitCoins are currently used this way. It was just a thought experiment to prove they can acquire extra value from association with particular people or events. Just like other collectibles.
439.
by zeteo 14y ago
>The Bitcoin protocol represents a way of digitally transferring a scarce resource without the need for a central authority. Sure, but what you need is a way to exchange things without recourse to central authority. You can transfer b
440.
by zeteo 14y ago
Each bitcoin has an attached chain of transactions. If it's a matter of public record that a certain address belonged to say, Stephen Colbert, then you can definitely brag that you own Colbert's bitcoin. (That he donated to the Libertarian
441.
by zeteo 14y ago
>We get it. Bitcoin is being treated as a commodity instead of a currency. Collectibles are a very specific kind of commodity. The price of potatoes doesn't vary because there are potato enthusiasts out there extolling their virtues.
442.
by zeteo 14y ago
The comparison is obviously to a single type of item. Say "Mauser HSc, excellent condition, provenience unknown". But there's no reason why individual bitcoins can't acquire additional value once history accrues to them. Let's say celebrity
443.
by zeteo 14y ago
Sorry to submit yet another Bitcoin article, but this one turned out to be somewhat of a revelation for me. Thinking of bitcoins as digital collectibles seems a much better metaphor than thinking of them as money. Collectibles have a fixed
444.
Bitcoins Are Digital Collectibles, Not Real Money(forbes.com)
29 points by zeteo 14y ago|56 comments
445.
by zeteo 14y ago
>The cost of regulating any network actually goes up exponentially with the number of nodes that must be monitored (you need a hierarchy of systems to perform ‘guard labor’ to make sure systems are behaving within declared parameters).
446.
by zeteo 14y ago
Poor Winklevoss twins keep taking the wrong decision at the wrong time... "This social network idea looks great, let's tell Mark Zuckerberg about it!" "Bitcoin has been rising so fast, we should sink a few million dollars into it!"
447.
by zeteo 14y ago
And... the (mandatory) fun at work movement reaches a new low of creepiness. Guys, what happened to professionalism? privacy? letting employees decide how much (if any) of their personal life gets meshed up with work?
448.
by zeteo 14y ago
Bitcoin has already taught us that even smart people are not immune to drinking the Kool-Aid. The tech community is quickly separating into two camps that are becoming unintelligible to each other. For some, this article is an amazing piece
449.
by zeteo 14y ago
>Along with his businesses, Shrem is the co-chairman of Bitcoin Foundation, a group that stands for promoting and standardizing the new currency >"When we opened a few months ago, I said that we needed to be the first New York bar t
450.
by zeteo 14y ago
This method breaks rather quickly because, when you multiply two order-of-magnitude estimates, you get a two-orders-of magnitude estimate. (And so forth.) In the piano tuners example, there are some five independent quantities being estimat

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