This is too real haha. I do this exact thing. > But now I’m sitting on this cash, and like Matthew McConaughey says in wolf of Wall Street , they’re fucking addicted Only point of contention is that when you have a…
Dream on, dude. Look into how the sanctions against Russia are going, not very well. https://www.thetimes.com/article/66dfc09e-c94a-4846-a4e2-60d... I swear some Americans seem to think the world they live in is from…
And this has been a major problem for them since then. Look up the "Triffin Dilemma". If a nation's currency is the reserve currency it pretty much must run a trade deficit and one of the major impacts will be loss of…
My base case is still that the USD being the reserve currency is the problem. There will persistently by more demand for USD than is justified by the need to purchase American exports, so the currency is artificially…
At this point crypto clearly isn't a bubble. And why would it be? Cryptographically secured money has some advantages over fiat money. This doesn't mean fiat will disappear and all crypto will succeed. But most fiat…
Yep. And, of course, let's not discuss: - tourism + air travel - increasingly large cars far bigger than required from a utilitarian perspective - luxury good production - theme parks/fireworks displays - cruise ships…
Interesting observation about McDonald's. I work as a doordasher and have never once spoken to or interacted with anyone who works at the company.Well that's not quite true, I had an order with issues once that went to…
I don't think that is the point he is making. More that lawyers will hoard contracts but there will be financial incentives to defect early (the idea being to sell your contracts while the price is high). Then that…
Lol yep, thought the same thing. HN landed hard on the "sucks to be you" side of things with Musk, curious to see where this ends up.
Welding is incredibly important in modern construction. All steel-framed buildings are held together by welding pretty much. Not surprisingly it is quite highly paid (at least in my country).
The full quote is: > Last Friday, Japan’s Ministry of Health, Labor and Welfare released the results of an annual study of the number of homeless people *in the country’s parks and riverside areas.* So this isn't the…
I don't think it does need an update, it came across quite clearly in the article that you were pretty happy with life in general but felt that selling the company took away a sense of purpose/identity that you hadn't…
This is a bizarre framing to support the argument people don't like faster delivery of goods. But in the spirit of good faith I will give some: - Movement of fish/meat to markets before it spoils - Delivery of military…
Lol that isn't what a 51% attack is...The confidence people on this thread are speaking about something they have no clue about is staggering. A 51% is ALL about miners and nodes.…
Anywhere I can read thia withiut paywall?
> Please trust me when I say that I do not give a damn about the price of bitcoin. What I care about is stopping runaway energy consumption, and from that perspective proof-of-work is the biggest existential threat to…
Proof of Work is an energy-intensive solution to a very deep and old social problem: how do you verify transactions between parties over a great distance/online without a trusted intermediary? Proof of work is…
> Miners and node operators can operate on whichever fork they want, but that doesnt mean Coinbase or Fidelity or whoever is going to recognize that fork. Mate that isn't how it work. If Coinbase or Fidelity don't…
> No one can simply state "I am not interested in Bitcoin" in a discussion without triggering some "response". Regardless of the merits of Bitcoin, or absence of them, that is fscked up. Red flag. Lol this is…
Lol this comment is funny because you clearly don't understand how Bitcoin works but are convinced it will be a problem. Owning the most bitcoin (or even a majority of the bitcoin) doesn't mean you control the…
Even before reading this I definitely got vibes of "Wine makers find drinking red wine has benefits" or "Starbucks finds that coffee is the ultimate health drink" etc.
Eh, what's the alternative? Some people have this weird attitude that businesses are not allowed to shrink/fail. Businesses can only ever go one direction and that is more headcount, otherwise give them govt bailout.…
I've thought one of the funnier end states for AGI would be if it was created but this ended up making it vastly less productive than when it was just a tool. So the AI of the future was more like Bender or other robots…
What makes you think AIs will have interests that align with each other more closely than they align with humans?
Let's not forget how many crimes are committed with vehicles. Not just the terror attack style seen in recent years, get away cars for various crimes, scooter drug dealers, boats used to smuggle all sorts of stuff. Far…
This is too real haha. I do this exact thing. > But now I’m sitting on this cash, and like Matthew McConaughey says in wolf of Wall Street , they’re fucking addicted Only point of contention is that when you have a…
Dream on, dude. Look into how the sanctions against Russia are going, not very well. https://www.thetimes.com/article/66dfc09e-c94a-4846-a4e2-60d... I swear some Americans seem to think the world they live in is from…
And this has been a major problem for them since then. Look up the "Triffin Dilemma". If a nation's currency is the reserve currency it pretty much must run a trade deficit and one of the major impacts will be loss of…
My base case is still that the USD being the reserve currency is the problem. There will persistently by more demand for USD than is justified by the need to purchase American exports, so the currency is artificially…
At this point crypto clearly isn't a bubble. And why would it be? Cryptographically secured money has some advantages over fiat money. This doesn't mean fiat will disappear and all crypto will succeed. But most fiat…
Yep. And, of course, let's not discuss: - tourism + air travel - increasingly large cars far bigger than required from a utilitarian perspective - luxury good production - theme parks/fireworks displays - cruise ships…
Interesting observation about McDonald's. I work as a doordasher and have never once spoken to or interacted with anyone who works at the company.Well that's not quite true, I had an order with issues once that went to…
I don't think that is the point he is making. More that lawyers will hoard contracts but there will be financial incentives to defect early (the idea being to sell your contracts while the price is high). Then that…
Lol yep, thought the same thing. HN landed hard on the "sucks to be you" side of things with Musk, curious to see where this ends up.
Welding is incredibly important in modern construction. All steel-framed buildings are held together by welding pretty much. Not surprisingly it is quite highly paid (at least in my country).
The full quote is: > Last Friday, Japan’s Ministry of Health, Labor and Welfare released the results of an annual study of the number of homeless people *in the country’s parks and riverside areas.* So this isn't the…
I don't think it does need an update, it came across quite clearly in the article that you were pretty happy with life in general but felt that selling the company took away a sense of purpose/identity that you hadn't…
This is a bizarre framing to support the argument people don't like faster delivery of goods. But in the spirit of good faith I will give some: - Movement of fish/meat to markets before it spoils - Delivery of military…
Lol that isn't what a 51% attack is...The confidence people on this thread are speaking about something they have no clue about is staggering. A 51% is ALL about miners and nodes.…
Anywhere I can read thia withiut paywall?
> Please trust me when I say that I do not give a damn about the price of bitcoin. What I care about is stopping runaway energy consumption, and from that perspective proof-of-work is the biggest existential threat to…
Proof of Work is an energy-intensive solution to a very deep and old social problem: how do you verify transactions between parties over a great distance/online without a trusted intermediary? Proof of work is…
> Miners and node operators can operate on whichever fork they want, but that doesnt mean Coinbase or Fidelity or whoever is going to recognize that fork. Mate that isn't how it work. If Coinbase or Fidelity don't…
> No one can simply state "I am not interested in Bitcoin" in a discussion without triggering some "response". Regardless of the merits of Bitcoin, or absence of them, that is fscked up. Red flag. Lol this is…
Lol this comment is funny because you clearly don't understand how Bitcoin works but are convinced it will be a problem. Owning the most bitcoin (or even a majority of the bitcoin) doesn't mean you control the…
Even before reading this I definitely got vibes of "Wine makers find drinking red wine has benefits" or "Starbucks finds that coffee is the ultimate health drink" etc.
Eh, what's the alternative? Some people have this weird attitude that businesses are not allowed to shrink/fail. Businesses can only ever go one direction and that is more headcount, otherwise give them govt bailout.…
I've thought one of the funnier end states for AGI would be if it was created but this ended up making it vastly less productive than when it was just a tool. So the AI of the future was more like Bender or other robots…
What makes you think AIs will have interests that align with each other more closely than they align with humans?
Let's not forget how many crimes are committed with vehicles. Not just the terror attack style seen in recent years, get away cars for various crimes, scooter drug dealers, boats used to smuggle all sorts of stuff. Far…