Given that tax was invented to transfer wealth from the poor to the rich, I don't think it is surprising that taxation is ineffective at transferring wealth from the rich to the poor.
Interesting! I think this is the contract: https://etherchain.org/account/0x470fb19D08c3d2eB8923A31d140... If you look at a transaction hash that transferred nozero ETH to the account, you can see the ASCII encoded post.
Ok, so I think I can understand Tether. A token represents a share of a bank account balance. So the organization that controls Tether buys and sells the coins to keep the balances balanced. So the value of the token is…
I just realized, I'm severely confused about what Filecoin is, and possibly ICOs in general. I assumed "ICO" was analogous to IPO. If a token is essentially a bearer share that is coupled to the payment system. No…
It depends what your goal is. If you're trying to get a specific person to say a certain thing, then it works well. If I wanted you to confess to a conspiracy with my political enemies so I could execute them, the…
Yeah, AWS has five regions that are classified as carbon neutral, listed near the bottom of this page: https://aws.amazon.com/about-aws/sustainability/
The atmosphere ignition thing was mentioned by Hamming via this anecdote: https://en.wikipedia.org/wiki/Richard_Hamming#Manhattan_Proj... Shortly before the first field test (you realize that no small scale experiment…
Watching Heartbleed and Cloudbleed happen really drove it home for me. Given that routine programming errors can cause private data to be transmitted unintentionally, I have to question the sanity of writing networking…
I'm aware of one and only one shipping container residence that makes sense: the container can still be shipped: https://www.youtube.com/watch?v=sPgjndFqqwY
It may lower everyone's risk of re-offending by making them older when they get out: https://www.statcan.gc.ca/pub/85-002-x/2016001/article/14309... (via https://www.statcan.gc.ca/pub/85-002-x/2016001/article/14309... )…
Exactly what I wanted to know, thanks.
Thanks. Here is a mirror of the article: http://archive.is/xsniG
Question for anyone who is knowledgeable about California elections: If Mark wanted to run for governor 2018, when would he have to take an observable action? (i.e. register as a candidate or similar.) At what point…
Hysterical notifications are why I deleted the app from my phone. I was getting notified about stuff that I didn't care about, that no sane person would ever care about, and I lost patience with their whack-a-mole…
They say they are putting them on the roads of CA in a matter of weeks. I believe miles driven and disengagements must be reported around the end of 2017. So it should be easy enough to determine is four months or so if…
A contract requires something to be exchanged, there is a minimum of one other thing that has to be connected to this. (I.e. payment for the option)
It is kind of a slippery standard (I think it is reasonable, just hard to draw a precise line in the sand.) I.e somewhere along the continuum of down-with-fascists-and-that-sort-of-thing .com…
Yeah, I think that is the right way to think about it. I had always considered that in terms of mining power, not in term s of network control, but it is effectively the same incentives and consequences, just with…
I'm wondering if it would benefit them to be cut off from the world, but not each other. Lets say China creates a partition in the bitcoin network between inside China and outside China. My understanding is that when…
This is something I've been wondering about. Maybe someone with more bitcoin expertise could answer. Is there more mining capacity inside China than outside China? If so, and the Chinese government used their well-known…
Yes. I'm working to advance technology. Technology creates the economic surplus that makes everything good possible, it is the reason the old aren't starving and children aren't working the fields. Also, I'm part of a…
There are ~500 cities with population over one million, so I think we are going to be seeing a 500-year disaster hit a million-plus city about once a year.
He will contribute the majority of his wealth to charitable foundations. ( https://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundat... ). I believe this will allow him to avoid the taxes. I don't have any objection…
My understanding of Buffett's tax plan is that it is an income tax. Buffett and Gates both don't need much income proportionate to their wealth, they don't intend to spend/consume their fortune or pass it on to their…
People with immense wealth (Gates, Buffet, ...) are great at coming up with innovative tax schemes to tax anything other than wealth.
Given that tax was invented to transfer wealth from the poor to the rich, I don't think it is surprising that taxation is ineffective at transferring wealth from the rich to the poor.
Interesting! I think this is the contract: https://etherchain.org/account/0x470fb19D08c3d2eB8923A31d140... If you look at a transaction hash that transferred nozero ETH to the account, you can see the ASCII encoded post.
Ok, so I think I can understand Tether. A token represents a share of a bank account balance. So the organization that controls Tether buys and sells the coins to keep the balances balanced. So the value of the token is…
I just realized, I'm severely confused about what Filecoin is, and possibly ICOs in general. I assumed "ICO" was analogous to IPO. If a token is essentially a bearer share that is coupled to the payment system. No…
It depends what your goal is. If you're trying to get a specific person to say a certain thing, then it works well. If I wanted you to confess to a conspiracy with my political enemies so I could execute them, the…
Yeah, AWS has five regions that are classified as carbon neutral, listed near the bottom of this page: https://aws.amazon.com/about-aws/sustainability/
The atmosphere ignition thing was mentioned by Hamming via this anecdote: https://en.wikipedia.org/wiki/Richard_Hamming#Manhattan_Proj... Shortly before the first field test (you realize that no small scale experiment…
Watching Heartbleed and Cloudbleed happen really drove it home for me. Given that routine programming errors can cause private data to be transmitted unintentionally, I have to question the sanity of writing networking…
I'm aware of one and only one shipping container residence that makes sense: the container can still be shipped: https://www.youtube.com/watch?v=sPgjndFqqwY
It may lower everyone's risk of re-offending by making them older when they get out: https://www.statcan.gc.ca/pub/85-002-x/2016001/article/14309... (via https://www.statcan.gc.ca/pub/85-002-x/2016001/article/14309... )…
Exactly what I wanted to know, thanks.
Thanks. Here is a mirror of the article: http://archive.is/xsniG
Question for anyone who is knowledgeable about California elections: If Mark wanted to run for governor 2018, when would he have to take an observable action? (i.e. register as a candidate or similar.) At what point…
Hysterical notifications are why I deleted the app from my phone. I was getting notified about stuff that I didn't care about, that no sane person would ever care about, and I lost patience with their whack-a-mole…
They say they are putting them on the roads of CA in a matter of weeks. I believe miles driven and disengagements must be reported around the end of 2017. So it should be easy enough to determine is four months or so if…
A contract requires something to be exchanged, there is a minimum of one other thing that has to be connected to this. (I.e. payment for the option)
It is kind of a slippery standard (I think it is reasonable, just hard to draw a precise line in the sand.) I.e somewhere along the continuum of down-with-fascists-and-that-sort-of-thing .com…
Yeah, I think that is the right way to think about it. I had always considered that in terms of mining power, not in term s of network control, but it is effectively the same incentives and consequences, just with…
I'm wondering if it would benefit them to be cut off from the world, but not each other. Lets say China creates a partition in the bitcoin network between inside China and outside China. My understanding is that when…
This is something I've been wondering about. Maybe someone with more bitcoin expertise could answer. Is there more mining capacity inside China than outside China? If so, and the Chinese government used their well-known…
Yes. I'm working to advance technology. Technology creates the economic surplus that makes everything good possible, it is the reason the old aren't starving and children aren't working the fields. Also, I'm part of a…
There are ~500 cities with population over one million, so I think we are going to be seeing a 500-year disaster hit a million-plus city about once a year.
He will contribute the majority of his wealth to charitable foundations. ( https://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundat... ). I believe this will allow him to avoid the taxes. I don't have any objection…
My understanding of Buffett's tax plan is that it is an income tax. Buffett and Gates both don't need much income proportionate to their wealth, they don't intend to spend/consume their fortune or pass it on to their…
People with immense wealth (Gates, Buffet, ...) are great at coming up with innovative tax schemes to tax anything other than wealth.