Readit NewsuntilHellbanned commented on The City of London Is Hiding the World’s Stolen Money nytimes.com/2021/10/11/op... · Posted by u/pseudolus
crypto's fault
untilHellbanned commented on Square acquires majority of Tidal in $297M deal nytimes.com/2021/03/04/bu... · Posted by u/daegloe
NFT. Enough said.
Let me fix that title. Happy to be downvoted into negative territory. I only have 11 points. Go ahead.
"Bitcoin Is A Waste of Time (and Resources)"
What Bitcoin has done is that it taught people they can come together in a sustained flash mob (like an on-the-fly hedge fund operation) and manipulate the price of speculative assets by creating artificial short-term pump-n-dump type demand. Bitcoin has trained our collective neural network to do this.
The huddled masses can take their new superpower and apply it to stock, crypto, commodities on the commodity exchange, and all kinds of speculative assets, especially the virtual kind.
It's taken a gambling-friendly society with feverish lust for winning (think for-profit fantasy sports, online poker, day trading, Vegas et al) and turned us into a giant decentralized casino.
What's the correlation of people who hate on crypto who lost money or missed out on it?
We're considering moving from the US altogether. My family is jewish and made their way to the US during the holocaust. We're ironically using that status to get citizenship and potentially move to Germany or Austria.
untilHellbanned commented on Launch HN: Epihub (YC S20) – Shopify for teaching online · Posted by u/urs
Great idea. Not crazy about the name though because it doesn’t evoke anything. I would consider changing.
Why not go all the way with the Shopify analogy and call it Teachify?
Here it is in graph form:
https://ourworldindata.org/grapher/average-real-gdp-per-capi...
Comparing eras doesn't seem very useful. 90 years ago my grandma got one orange as a present once a year. Today people buy bags of oranges every day.
Day-by-day the world is zero sum.
> E.g., a product costs $X, owners get too large of a % of that compared to employees.
this is orthogonal to the economy being positive/negative/zero sum. if total real wealth increases over time, the world is positive sum, regardless of how that wealth is distributed.
positive sum doesn't imply that everyone gets wealthier over time, only that it's possible for people to get wealthier without it being directly at the expense of others.
So because a homeless person today has $1, can sleep under a bridge in a jacket they got from Goodwill rather than $0.05 like 50 years ago or sleeping under a tree possibly getting eaten by wolves, this means the world is positive sum?
Standard of living has improved generally over time, but day by day the world is a zero-sum game.
I thought there's already a strong link with HSV and Dementia, is there any more research looking at this virus and a vaccine?
Potential Rosalind Franklin scenario.
https://www.healthspan.dev is making a mRNA vaccine. Sam Altman funded company.