Readit NewsAnd it will continue.
Bitcoin treasury companies [0] have equity values lower then their Bitcoin holdings, so it is the financially correct move to sell BTC at market price and use the proceeds to buy back their stock at the market price.
This will lead to additional downward pressure on BTC.
Loved the paper. Would like to try to reproduce it with intelectual political leadership soon.
Politicians have speechwriters, though, so you wouldn't be analyzing who you think you're analyzing.
>* the gas price in the article includes the government’s self-imposed carbon tax. The actual cost of gas (£55) is FAR lower than the £91.20 strike price Milibad has set for wind.
Is that unreasonable? Carbon dioxide is an externality, and it needs to be accounted for accordingly. Suppose the government is tendering contracts for milk for school lunches. One farm runs a CAFO[1] that pollutes the local river. The other has cows on a pasture that doesn't. Is it that unreasonable for the government to be like "well hang on, the CAFO farm might be cheaper the grass fed farm, but it'll cost us money to clean up all the shit they're dumping into the river, so we're going to impose a tax on the CAFO farm for their pollution"?
[1] https://en.wikipedia.org/wiki/Concentrated_animal_feeding_op...
> Is that unreasonable? Carbon dioxide is an externality, and it needs to be accounted for accordingly.
Yes it is unreasonable. Spending money to reduce carbon is just a subsidy for other countries who DGAF and will emit both theirs and yours.
BJones12 commented on Indifference is a power (2015) aeon.co/essays/why-stoici... · Posted by u/suioir
Do you think that therapy will lead to a better outcome for those men than following stoic practices?
BJones12 commented on The writing is on the wall for handwriting recognition newsletter.dancohen.org/a... · Posted by u/speckx
> If AI can diminish some of the monotony of research, perhaps we can spend more time thinking, writing, playing piano, and taking walks — with other people.
Whenever any progress is made, this is the logical conclusion. And yet, those who decide about how your time is being used, have an opposing view.
Between 1965 and 1995 the average American gained about 6 hours per week of leisure time. They then used most of the additional free time to watch TV.
BJones12 commented on Anthropic taps IPO lawyers as it races OpenAI to go public ft.com/content/3254fa30-5... · Posted by u/GeorgeWoff25
I think there are profitability requirements, right?
Profitability in both 3 month and 12 month spans. Also minimum 12 months of trading history after IPO.
See page ~9 of https://www.spglobal.com/spdji/en/documents/methodologies/me...
BJones12 commented on High-income job losses are cooling housing demand jbrec.com/insights/job-gr... · Posted by u/gmays
Vancouver has rent control and rents are going down.
Though I think the likely dynamic that you're seeing here is rent growth of new build apartments is stalling and reversing, and on renewal with new tenants rents are being revised downward as there is more competition.
https://www.ctvnews.ca/vancouver/article/rent-prices-falling...
I expect that amongst apartments with long term tenants rents are still creeping upward. But that's fine. The point of rent control is to smooth out volatility. Rents can still go up, but the goal is to avoid sudden 150% increases etc.
> The point of rent control is to smooth out volatility. Rents can still go up, but the goal is to avoid sudden 150% increases etc.
Is it? I mostly see rent control maximum increases below the inflation rate, suggesting a different goal (appealing to voters?). If it were just to eliminate extreme volatility I think we'd see more 5/10/20% increases and less 1/2/3% increases.
It's not as good as an ASIC, but we talk about millions of GPUs