Thank you for the detailed and interesting comment. I wish I could maintain my productivity for extended periods of time like you do. Unfortunately I find that my cognitive abilities drop-off very quickly when become…
Or perhaps these people simply aren't hedonists that orientate their lives around momentary pleasures. Instead, they derive pleasure from achievement and building things. Recreational drugs, on the other hand, have…
If I was interested in such a discount, how would I contact you? (Also, how much is a "large amount"?)
> a link to the white paper. no idea what this does/use case From the white paper: "Velocity is an automated system for hedging risk on asset prices. It allows anyone to establish and participate in a marketplace on…
> The community that already understands it isn't doing a very good job making it so that others can reach it Where I disagree is that I don't believe that all ideas/concepts can be made "easy to understand" to a…
Noun, 1. money laundering: Concealing the source of illegally gotten money. Do you have any evidence that suggests that all users of mixers obtained their Bitcoin illegally? This HN post is a criticism of the privacy of…
Well if you don't want to be connected to the Ethereum blockchain then you probably should just use a webserver. The advantage of using a blockchain like Ethereum is that it is very secure and very reliable compared to…
I find it amusing that you spend so much time commenting on every Ethereum post on hacker news. For someone who is so dismissive of Ethereum as a technology, you sure spend a lot of time criticizing it. But more…
I noticed last year that ubuntu.com - despite being the source from which most people download Ubuntu .isos - has no HTTPS capability and doesn't offer any checksums or gpg signatures on their download page. I believe…
Encryption enforces privacy. In a world with no privacy vulnerable people are easily abused by people in positions of authority. Also note that the legal system is not a perfect mapping to human morality - things that…
> There is NOTHING that ethereum can do that you can't do with bitcoin. That is factually incorrect. Bitcoin is not turing complete, Ethereum is. Eg: You can't do loops in Bitcoin, you can in Ethereum. Perhaps you are…
Thank you for the detailed post - very helpful for me. If I may ask, what were some of the factors that you used to determine the demand for a property in a given area?
Yeah so you just agreed with the above comment - you want control on where your money goes. So does Zuckerberg.
I don't think that would be the case. If a couple of western Governments "ban encryption" it would probably just mean that they weaken the crypto (e.g. backdoor). The traffic of weakened crypto still looks the same as…
>Taxation is not partial slavery because the money is not yours to begin with Ah, we have found the key contention. An interesting thought is to consider a world of fully mobile people - who will move and who will stay…
Yes I absolutely believe that there are diminishing returns associated with arbitrage. I would personally think that exchanges should put some lower limit on the 'time resolution' of their markets to prevent HFT…
Arbitrage definitely adds value to society. Without arbitrage, traded assets could exist with arbitrary values. The process of arbitrage involves observing a mis-priced asset and then making a profit from that…
Yeah I presume he means 'bitcoin exchanges', since bitcoin itself is obviously still here.
> who will enforce the redundancy? Who enforced the redundancy of humans possessing two kidneys? If you are a creationist, then I guess we have different starting assumptions. Assuming that you aren't, then you would…
> A market is a system which can have temporary flaws I guess this is where our assumptions diverge. I don't believe that a fluctuation in the market price can ever be considered a "flaw". Some people buy stocks and…
Reasoning by analogy is not a sound way to make an argument. In fact, reasoning by analogy is always wrong to some greater or lesser degree. It is much better to directly address an argument. Markets are created by…
> great if you want to extract money other's productivity but not so great for the market as an economic structure No this is not correct. Options are derivatives that are traded on a secondary market. When you buy an…
>Laissez-faire economic systems are in no way capable of keeping themselves stable. This is the point - Laissez-faire economic systems function well on their own, it just happens that humans prefer systems that are…
Creating new government regulations or the removal of old government regulations? I would posit that progress in an industry gets 'stuck' due to large companies using their resources/influence to encourage regulation…
Amusingly, this is a good example of the behaviour that this essay is discussing. "Unwilling to engage in productive, open, mutually critical conversations with people they disagree with"
Thank you for the detailed and interesting comment. I wish I could maintain my productivity for extended periods of time like you do. Unfortunately I find that my cognitive abilities drop-off very quickly when become…
Or perhaps these people simply aren't hedonists that orientate their lives around momentary pleasures. Instead, they derive pleasure from achievement and building things. Recreational drugs, on the other hand, have…
If I was interested in such a discount, how would I contact you? (Also, how much is a "large amount"?)
> a link to the white paper. no idea what this does/use case From the white paper: "Velocity is an automated system for hedging risk on asset prices. It allows anyone to establish and participate in a marketplace on…
> The community that already understands it isn't doing a very good job making it so that others can reach it Where I disagree is that I don't believe that all ideas/concepts can be made "easy to understand" to a…
Noun, 1. money laundering: Concealing the source of illegally gotten money. Do you have any evidence that suggests that all users of mixers obtained their Bitcoin illegally? This HN post is a criticism of the privacy of…
Well if you don't want to be connected to the Ethereum blockchain then you probably should just use a webserver. The advantage of using a blockchain like Ethereum is that it is very secure and very reliable compared to…
I find it amusing that you spend so much time commenting on every Ethereum post on hacker news. For someone who is so dismissive of Ethereum as a technology, you sure spend a lot of time criticizing it. But more…
I noticed last year that ubuntu.com - despite being the source from which most people download Ubuntu .isos - has no HTTPS capability and doesn't offer any checksums or gpg signatures on their download page. I believe…
Encryption enforces privacy. In a world with no privacy vulnerable people are easily abused by people in positions of authority. Also note that the legal system is not a perfect mapping to human morality - things that…
> There is NOTHING that ethereum can do that you can't do with bitcoin. That is factually incorrect. Bitcoin is not turing complete, Ethereum is. Eg: You can't do loops in Bitcoin, you can in Ethereum. Perhaps you are…
Thank you for the detailed post - very helpful for me. If I may ask, what were some of the factors that you used to determine the demand for a property in a given area?
Yeah so you just agreed with the above comment - you want control on where your money goes. So does Zuckerberg.
I don't think that would be the case. If a couple of western Governments "ban encryption" it would probably just mean that they weaken the crypto (e.g. backdoor). The traffic of weakened crypto still looks the same as…
>Taxation is not partial slavery because the money is not yours to begin with Ah, we have found the key contention. An interesting thought is to consider a world of fully mobile people - who will move and who will stay…
Yes I absolutely believe that there are diminishing returns associated with arbitrage. I would personally think that exchanges should put some lower limit on the 'time resolution' of their markets to prevent HFT…
Arbitrage definitely adds value to society. Without arbitrage, traded assets could exist with arbitrary values. The process of arbitrage involves observing a mis-priced asset and then making a profit from that…
Yeah I presume he means 'bitcoin exchanges', since bitcoin itself is obviously still here.
> who will enforce the redundancy? Who enforced the redundancy of humans possessing two kidneys? If you are a creationist, then I guess we have different starting assumptions. Assuming that you aren't, then you would…
> A market is a system which can have temporary flaws I guess this is where our assumptions diverge. I don't believe that a fluctuation in the market price can ever be considered a "flaw". Some people buy stocks and…
Reasoning by analogy is not a sound way to make an argument. In fact, reasoning by analogy is always wrong to some greater or lesser degree. It is much better to directly address an argument. Markets are created by…
> great if you want to extract money other's productivity but not so great for the market as an economic structure No this is not correct. Options are derivatives that are traded on a secondary market. When you buy an…
>Laissez-faire economic systems are in no way capable of keeping themselves stable. This is the point - Laissez-faire economic systems function well on their own, it just happens that humans prefer systems that are…
Creating new government regulations or the removal of old government regulations? I would posit that progress in an industry gets 'stuck' due to large companies using their resources/influence to encourage regulation…
Amusingly, this is a good example of the behaviour that this essay is discussing. "Unwilling to engage in productive, open, mutually critical conversations with people they disagree with"