The author implies the assumption that over time, distributed data will get quicker and cheaper, like the CPU and memory on a PC. It won't. It can't. The problem is that validating transactions on a blockchain must be…
My message in round 1 would be: "340958123405982 In order to decide who the leader is: Before every round, I'm going to flip a coin before I send the next message out. Heads I'll stick with my method of deciding who the…
Yes. It's important to analyze why the person giving the advice is suggesting a particular course of action. If it's face to face, after I ask for advice, I always follow up with "Why?"
It would look like the Rockstar language. https://www.youtube.com/watch?v=gdSlcxxYAA8&t=2959s
A US company, Ambri, is also working on a molten salt battery. "The liquid metal battery is comprised of a liquid calcium alloy anode, a molten salt electrolyte and a cathode comprised of solid particles of antimony"
I think it's a good rule of thumb to assume that anyone who guarantees returns greater than the historical return of the S&P 500 is a ponzi scheme. I don't know of a single reputable bank, hedge fund or publicly traded…
Who ends up holding all the $USDT? Who are currently the biggest holders? Lots of different random individuals? All the people who have deposited cash into an exchange but haven't bought bitcoin yet/people who have sold…
I expect my property, my house and yard, to appreciate less than the S&P 500. I expect the value of my property to go up a little, but not a lot. By choosing to buy property, instead of living in the cheapest rental I…
He mentions his house is near a street named Baltimore. And he said he's near DC, not in DC. One possibility is University of Maryland in College Park. The main street that runs through campus is Baltimore Avenue. And…
Near DC. He mentions Baltimore as a street near his house. That's the main street that runs through the University of Maryland campus in College Park. It's just a few miles outside of DC.
This is a bad analogy. The main difference between alchemy and chemistry is that chemistry follows the scientific method. When an alchemist learned something new, they kept the information to themselves and tried to…
First go to where the people are. Turn off your phone and put it away. Then, when you're somewhere with a bunch of people, don't look at the big groups talking and laughing together. Look for someone all by themselves…
Just put it on myspace. That information will never completely go away.
... with the same message in a bunch of different languages. It will be become a future Rosetta Stone.
There have been studies which start with giving everyone the same amount of money, and then simulating random transactions. In a very short amount of time, one person ends up with 95% of the money. When it is run…
Or any small company. Most of what he's describing happens at large companies.
"Recent work has recovered the gene sequences of this unusual strain, so that the 1918 pandemic virus could be reconstituted to display its unique virulence phenotypes." What could possibly go wrong?
What is the average daily net inflow of US dollars into Tether? How many days of net inflow is $41M?
I double checked, and my friend successfully got away with homeschooling her kids in Germany. This was over five years ago. She thinks that maybe because she's American, they didn't follow up as much as they would have…
Yes. A friend was homeschooling her kids in the US, and then her husband got an assignment in Germany for about a year. She took the kids and joined her husband in Germany for a few months. The rules were all different,…
You can't take your kids out for a week or a month. But if you take your kids out of the country for a whole school year, what would stop you?
By that definition US Treasury bonds will be a ponzi. Currently, the US Treasury pays old bond holders by a combination of tax revenue and by issuing new bonds. However, each year, a bigger fraction of old bonds are…
If Tether's USDT went belly up, there would be a loss of confidence in the Coinbase exchange, a run on the market, and a collapse in the price of Bitcoin. Right now, everyone who has an account at Coinbase believes that…
In the last ten years or so, returns have been extremely high. If you look back at all the data available, you get a number closer to 3.5% or maybe at the most 4%. https://en.wikipedia.org/wiki/Trinity_study
"Many people with a large amount of money, perhaps a million or two, consider themselves middle class when clearly they could even retire and live off their passive income" If you have a million dollars, stop working,…
The author implies the assumption that over time, distributed data will get quicker and cheaper, like the CPU and memory on a PC. It won't. It can't. The problem is that validating transactions on a blockchain must be…
My message in round 1 would be: "340958123405982 In order to decide who the leader is: Before every round, I'm going to flip a coin before I send the next message out. Heads I'll stick with my method of deciding who the…
Yes. It's important to analyze why the person giving the advice is suggesting a particular course of action. If it's face to face, after I ask for advice, I always follow up with "Why?"
It would look like the Rockstar language. https://www.youtube.com/watch?v=gdSlcxxYAA8&t=2959s
A US company, Ambri, is also working on a molten salt battery. "The liquid metal battery is comprised of a liquid calcium alloy anode, a molten salt electrolyte and a cathode comprised of solid particles of antimony"
I think it's a good rule of thumb to assume that anyone who guarantees returns greater than the historical return of the S&P 500 is a ponzi scheme. I don't know of a single reputable bank, hedge fund or publicly traded…
Who ends up holding all the $USDT? Who are currently the biggest holders? Lots of different random individuals? All the people who have deposited cash into an exchange but haven't bought bitcoin yet/people who have sold…
I expect my property, my house and yard, to appreciate less than the S&P 500. I expect the value of my property to go up a little, but not a lot. By choosing to buy property, instead of living in the cheapest rental I…
He mentions his house is near a street named Baltimore. And he said he's near DC, not in DC. One possibility is University of Maryland in College Park. The main street that runs through campus is Baltimore Avenue. And…
Near DC. He mentions Baltimore as a street near his house. That's the main street that runs through the University of Maryland campus in College Park. It's just a few miles outside of DC.
This is a bad analogy. The main difference between alchemy and chemistry is that chemistry follows the scientific method. When an alchemist learned something new, they kept the information to themselves and tried to…
First go to where the people are. Turn off your phone and put it away. Then, when you're somewhere with a bunch of people, don't look at the big groups talking and laughing together. Look for someone all by themselves…
Just put it on myspace. That information will never completely go away.
... with the same message in a bunch of different languages. It will be become a future Rosetta Stone.
There have been studies which start with giving everyone the same amount of money, and then simulating random transactions. In a very short amount of time, one person ends up with 95% of the money. When it is run…
Or any small company. Most of what he's describing happens at large companies.
"Recent work has recovered the gene sequences of this unusual strain, so that the 1918 pandemic virus could be reconstituted to display its unique virulence phenotypes." What could possibly go wrong?
What is the average daily net inflow of US dollars into Tether? How many days of net inflow is $41M?
I double checked, and my friend successfully got away with homeschooling her kids in Germany. This was over five years ago. She thinks that maybe because she's American, they didn't follow up as much as they would have…
Yes. A friend was homeschooling her kids in the US, and then her husband got an assignment in Germany for about a year. She took the kids and joined her husband in Germany for a few months. The rules were all different,…
You can't take your kids out for a week or a month. But if you take your kids out of the country for a whole school year, what would stop you?
By that definition US Treasury bonds will be a ponzi. Currently, the US Treasury pays old bond holders by a combination of tax revenue and by issuing new bonds. However, each year, a bigger fraction of old bonds are…
If Tether's USDT went belly up, there would be a loss of confidence in the Coinbase exchange, a run on the market, and a collapse in the price of Bitcoin. Right now, everyone who has an account at Coinbase believes that…
In the last ten years or so, returns have been extremely high. If you look back at all the data available, you get a number closer to 3.5% or maybe at the most 4%. https://en.wikipedia.org/wiki/Trinity_study
"Many people with a large amount of money, perhaps a million or two, consider themselves middle class when clearly they could even retire and live off their passive income" If you have a million dollars, stop working,…