reggedtorespond (u/reggedtorespond)

reggedtorespond commented on U.S. mortgage interest rates jump to 6.52%, highest since mid-2008 reuters.com/markets/us/us... · Posted by u/mfiguiere

Ar-Curunir · 3 years ago

House prices were also much lower in your parents time.

reggedtorespond · 3 years ago

Right, and this is a hard point to overstate. The average home price was around $80,000 in the early 80s, whereas it's currently $525,000. If we see home prices drop by 85% we won't be buying homes with US dollars any more.

reggedtorespond commented on U.S. mortgage interest rates jump to 6.52%, highest since mid-2008 reuters.com/markets/us/us... · Posted by u/mfiguiere

endisneigh · 3 years ago

people who can buy a house all cash will be the real winners here. if and when rates go down, they can cash out refinance, and if they don't they will benefit from the downward pressure high rates create on prices.

it's rich to be rich.

reggedtorespond · 3 years ago

You cannot do a cash out refinance if you don't already have a mortgage on the property. You can do a home equity loan or line of credit but those come at higher interest rates than a refinance.

But yes the real winners are almost always those who have ample resources.

reggedtorespond commented on New Webb image captures clearest view of Neptune’s rings in decades nasa.gov/feature/goddard/... · Posted by u/pseudolus

m3kw9 · 3 years ago

I’m wonder if they can miniaturize a camera and propulsion system enough that can travel fast enough to just take pics and bring them back instead of needing large antennas/power modules to transmit back in say a year or so?

reggedtorespond · 3 years ago

It's like 12 years to get there and another 12 years to get back. Sending information back at the speed of light is preferable.

reggedtorespond commented on ‘Serial’ case: Adnan Syed released, conviction tossed apnews.com/article/baltim... · Posted by u/djoldman

asdfasgasdgasdg · 3 years ago

Then again, it is most often the boyfriend. I think when I initially listened to Serial I didn't realize that fact to quite the degree I know it now. That doesn't make him legally guilty, but it does seem to be the Bayesian center of likelihood.

reggedtorespond · 3 years ago

She had a different boyfriend when she was murdered, so by your logic shouldn't it be Clinedinst in prison and Syed free?

reggedtorespond commented on ‘Serial’ case: Adnan Syed released, conviction tossed apnews.com/article/baltim... · Posted by u/djoldman

rayiner · 3 years ago

A witness (Jay) testified at the trial that he saw Hae Min’s dead body in the trunk of Syed’s car. He stuck by that testimony when he was interviewed later: https://theintercept.com/2014/12/29/exclusive-interview-jay-...

Forget the feels and focus on Bayesian probability. Hae had left Syed and she winds up dead shortly thereafter. Just statistically, it’s almost always the ex husband/boyfriend that killed her. Jay’s testimony clinches it.

reggedtorespond · 3 years ago

Is it possible that Jay could have given false testimony in exchange for unrelated drug charges being dropped?

reggedtorespond commented on ‘Serial’ case: Adnan Syed released, conviction tossed apnews.com/article/baltim... · Posted by u/djoldman

mecha_ghidorah · 3 years ago

I'm not mad that Serial didn't provide doubt or prove guilt, though I am somewhat frustrated that the reporter seemed to have so much doubt that (in my opinion) wasn't justified by what she presented in the show, what I am mad about is that it largely amounted to just several hours of someone saying "Maybe he is guilty, but also maybe not?" without any real narrative or arc or progression. I felt like the story ended exactly where it started with no real meaningful change in how the reporter felt, the facts of the case, or even without giving us a particularly compelling biography of Adnan.

Everyone made such a fuss over this podcast and in the end absolutely nothing happens in it on any of the axis that could have been interesting and it felt like such a waste of my time after I finished it

reggedtorespond · 3 years ago

It's been a long time since I've listened to the show so I may be way off here, but it did demonstrate that the prosecutor's timeline was flawed, the cell phone data was unreliable, and that Syed's counsel overlooked a potential alibi witness.

In any case Serial was a landmark in the fields of true crime and podcasting, so it holds some merit as a historical piece if nothing else.

reggedtorespond commented on Pay attention to deviations from mainstream incentives commoncog.com/pay-attenti... · Posted by u/exolymph

nordsieck · 3 years ago

Many people don't know this but a bank's primary business is lending, not borrowing. It's totally possible that it was a bank that did almost exclusively commercial loans and didn't have any retail savings/checking accounts.

reggedtorespond · 3 years ago

A bank seems like one of the worst businesses to operate as a money laundering front. They are subject to a lot of disclosures and reviews other companies aren't.

reggedtorespond commented on The Ethereum merge is done coindesk.com/tech/2022/09... · Posted by u/mfiguiere

once_inc · 3 years ago

Using electricity isn't the problem. Anyone could use vast amounts of electricity as long as they are willing to pay the price for it. The problem is carbon emissions.

The switch to PoS is a non-issue from my perspective: a centralized system changed from using method A to method B, I don't understand why I should care.

Bitcoin mining is increasingly being used to prevent methane emissions in stranded gas reserves. Having an economic incentive to not flare or emit methane but instead using it for generating bitcoin allows Bitcoin mining to become net carbon negative.

Reducing methane emissions is vastly more effective at preventing climate change than reducing co2 emissions.

reggedtorespond · 3 years ago

I looked into your statement about bitcoin mining preventing methane emissions and it doesn't add up to me. Oil drillers already flare the methane, which turns it into carbon dioxide. The solution these bitcoin miners are implementing is to burn the methane in a controlled manner so they can harness the energy produced for electricity to mine bitcoin. The same chemical reaction occurs, converting methane into carbon dioxide. The companies internal research claims this reduces carbon dioxide equivalent units, but I'm pretty skeptical. Of course, they would want their research to show they are doing something good. Sure, I guess it is more useful to harness the energy than to just burn it fruitlessly, but I don't see how it reduces emissions. Is there something I'm missing as to why this would make sense?

reggedtorespond commented on Increased wind turbine rotor blade visibility to reduce avian fatalities onlinelibrary.wiley.com/d... · Posted by u/CharlesW

rob74 · 4 years ago

That solves (or reduces) one (debatable) problem, but increases another (also debatable) one: anyone who considers wind turbines an eyesore and doesn't want to have them anywhere near will be even more likely to do that if their visibility is increased like proposed here...

reggedtorespond · 4 years ago

I thought about this too, but I'm not sure there is anything you can do to make this group happy, short of removing the turbines. So is it worth even considering their perspective? I know that's a harsh question.

reggedtorespond commented on The Reason Why Are Trucks Getting Bigger toddofmischief.blogspot.c... · Posted by u/yasp

SkyPuncher · 4 years ago

> an rollover cage into these trucks help to mitigate this problem?

I'm fairly sure that safety standards essentially require the roof to not crumple in rollover conditions.

Roll cages are necessary in racing where speeds (and forces) are much higher than road speeds.

reggedtorespond · 4 years ago

Heavy duty trucks are exempt from many federal safety standards in the US.