Does that $65K represent a trade against USD or a trade against Tether?
Being somewhat generous, I don't think it's because they didn't understand the probabilities, it's because they didn't think about the impact of what they were doing at all, beyond the problem they needed to solve.…
Does R2 have fewer expensive footguns than AWS?
I wish they'd offer to remove the touchbar from the laptop I have.
> Your machine has excellent resale value, because it's a Mac. If the laptop is from Apple's garbage era of 2016-2019 who would pay good money for it? Macs don't unconditionally have excellent resale value, the resale…
Sure, but anyone holding that much wealth could expect some kind of "advanced persistent threat" working against them to either destroy all of the backups, or transfer the coins to /dev/null after extracting any…
> Who does it now? France sent a warship to escort its gold from the US to France. Wasn't free, probably wasn't cheap.
> Which is widely available and effectively free What? Who is going to fight off people trying to obtain or destroy that USB drive to increase the value of their own holdings (i.e. speed up deflation by reducing…
Who actually wants this? I don't want to stare at digital copies of people I'm trying to communicate with, whilst trapped in a digital maze designed by someone trying to keep me engaged. If the "digital twin" is exactly…
There's a difference between "software developers" and "FAANG software developer" though, which is a source of great cognitive dissonance when people see that industry averages are only slightly above $100k/year but…
The idea that the FAANG gravy train can last 30 years is not realistic. If at least half the letters in FAANG aren't blown away in that time period, it would suggest a tech environment so stagnant that it would be…
This is a rant I can appreciate. Two subjective takes on the same subject: 1) As JavaScript became ascendant, it seems like developers lost their fear of dependencies, for some reason I don't understand. Dependencies…
I wish articles like this provided some data as to what "affluent" is. How much money does the 48 year old have, and how much "house", that retirement looks to make sense to them? I'd rather have the dollar figures than…
These people are stupid, and solutions like "a combination that only they know" or "disciplinary collars" are also stupid. You wouldn't want to rely on entirely novel, oppressive, and essentially untested ways of…
Patton: Fixed fortifications are monuments to the stupidity of man. If mountain ranges and oceans can be overcome, then anything built by man can be overcome.
> These people are frankly stupid. Agreed. I'll give Huffman a bit of credit (in some areas) for getting down to basics like being able to see without glasses, or ride a motorcycle. But I don't picture him still having…
> How does bigness harm consumers in this case? It's up to the book to make that case. My point is that the issues you describe (misinformation, polarization, engagement baiting, objectionable content) are not mentioned…
> What are the problems then? As stated in the review, and presumably in the book: that "the very bigness of present-day companies — especially those in the tech sector — does not just harm consumers, but that it also…
It's not like the need for military protection goes away with Bitcoin. People will attack each other to get what other people have, justly or unjustly, the same as they always have done.
> [W]hat if all social networks limited the number of accounts to 999,999? That's interesting. It opens the door to the possibility that social networks might pay people to leave, in order to open spaces for more…
This is a fantastic review. These books are going on my list.
> leet code is not relevant to the type of position I'd be looking for Leetcode is relevant to getting the money though. It may be the case that inexperienced new hires with Leetcode proficiency make significantly more…
There's a little bit to see though. In one of the emails, Matt Fischer mentions that he had already warned on 7/6 that the numbers weren't meaningful because of farmed and/or incentivized accounts. But by 7/19 Tim Cook…
Yeah it's strange, the content is about typography, but something about it is really hard to look at, at least on Mozilla Firefox. On some pages e.g. the typography-in-ten-minutes page it looks like the first paragraph…
I was making a stronger claim. With bounded personal risk (i.e. the money lost is their clients, not their own), and unbounded potential for profit (i.e. a percentage of any profits), money managers have an incentive to…
Does that $65K represent a trade against USD or a trade against Tether?
Being somewhat generous, I don't think it's because they didn't understand the probabilities, it's because they didn't think about the impact of what they were doing at all, beyond the problem they needed to solve.…
Does R2 have fewer expensive footguns than AWS?
I wish they'd offer to remove the touchbar from the laptop I have.
> Your machine has excellent resale value, because it's a Mac. If the laptop is from Apple's garbage era of 2016-2019 who would pay good money for it? Macs don't unconditionally have excellent resale value, the resale…
Sure, but anyone holding that much wealth could expect some kind of "advanced persistent threat" working against them to either destroy all of the backups, or transfer the coins to /dev/null after extracting any…
> Who does it now? France sent a warship to escort its gold from the US to France. Wasn't free, probably wasn't cheap.
> Which is widely available and effectively free What? Who is going to fight off people trying to obtain or destroy that USB drive to increase the value of their own holdings (i.e. speed up deflation by reducing…
Who actually wants this? I don't want to stare at digital copies of people I'm trying to communicate with, whilst trapped in a digital maze designed by someone trying to keep me engaged. If the "digital twin" is exactly…
There's a difference between "software developers" and "FAANG software developer" though, which is a source of great cognitive dissonance when people see that industry averages are only slightly above $100k/year but…
The idea that the FAANG gravy train can last 30 years is not realistic. If at least half the letters in FAANG aren't blown away in that time period, it would suggest a tech environment so stagnant that it would be…
This is a rant I can appreciate. Two subjective takes on the same subject: 1) As JavaScript became ascendant, it seems like developers lost their fear of dependencies, for some reason I don't understand. Dependencies…
I wish articles like this provided some data as to what "affluent" is. How much money does the 48 year old have, and how much "house", that retirement looks to make sense to them? I'd rather have the dollar figures than…
These people are stupid, and solutions like "a combination that only they know" or "disciplinary collars" are also stupid. You wouldn't want to rely on entirely novel, oppressive, and essentially untested ways of…
Patton: Fixed fortifications are monuments to the stupidity of man. If mountain ranges and oceans can be overcome, then anything built by man can be overcome.
> These people are frankly stupid. Agreed. I'll give Huffman a bit of credit (in some areas) for getting down to basics like being able to see without glasses, or ride a motorcycle. But I don't picture him still having…
> How does bigness harm consumers in this case? It's up to the book to make that case. My point is that the issues you describe (misinformation, polarization, engagement baiting, objectionable content) are not mentioned…
> What are the problems then? As stated in the review, and presumably in the book: that "the very bigness of present-day companies — especially those in the tech sector — does not just harm consumers, but that it also…
It's not like the need for military protection goes away with Bitcoin. People will attack each other to get what other people have, justly or unjustly, the same as they always have done.
> [W]hat if all social networks limited the number of accounts to 999,999? That's interesting. It opens the door to the possibility that social networks might pay people to leave, in order to open spaces for more…
This is a fantastic review. These books are going on my list.
> leet code is not relevant to the type of position I'd be looking for Leetcode is relevant to getting the money though. It may be the case that inexperienced new hires with Leetcode proficiency make significantly more…
There's a little bit to see though. In one of the emails, Matt Fischer mentions that he had already warned on 7/6 that the numbers weren't meaningful because of farmed and/or incentivized accounts. But by 7/19 Tim Cook…
Yeah it's strange, the content is about typography, but something about it is really hard to look at, at least on Mozilla Firefox. On some pages e.g. the typography-in-ten-minutes page it looks like the first paragraph…
I was making a stronger claim. With bounded personal risk (i.e. the money lost is their clients, not their own), and unbounded potential for profit (i.e. a percentage of any profits), money managers have an incentive to…