122 karma · joined February 21, 2013
I feel like it would increase the quality of upvotes generally because people would know that their votes will impact the future content they see so it may slow the rate at which people up vote just to show they simply agreement and reserve it for actual high quality they we to see more of. That is just my theory, perhaps in practice it would reveal that people just care more about only seeing content they agree with anyway.
If we wanted to subdivide the day into 100,000 new units instead of 86,400 seconds, we could simply take the current caesium atom definition * 864,000 / 100,000 and you would get a precise, scientifically acceptable unit that would be about 1/100,000 of a day, but still have the need for the occasional leap units.
The only part that is perjury is if you don't actually represent the client you claim to. Assuming the request isn't from a random person pretending to represent a company they don't, the request is not perjury regardless of how frivolous and unwarranted it is.
The key that people are missing is CM is trying to get this info to make the best directional decisions possible and those that opt out are left out of that conversation, but they probably are aware and okay with that. I say leave them out.
Letting a central authority print money that had no obligations to the general public is dangerous. Also the market maker would likely spend some of the money they take in. If there was ever a run on the bank they would just shut down the currency and keep the money that was paid in, which would make a run on the bank more likely.
This is very similar to online casinos that let you buy chips, but instead of offering gambling services, they would offer annonomous transaction services. Some casinos have just shut down and kept all the money or if it becomes a legal problem (as any solid fully annonomous currency would) could be shut down by their local government.
There is just no good reason to trust a currency that requires a central authority that can print money and that you don't trust and there is no reason to trust that they'll use the printing power responsibly.
The one you link considers the upvotes and downvotes as the sample population then constructs the probability that you will upvote it and ranks on that. This allows late posts to take over early posts if they have a better ratio, even if they have significantly less votes, but only if it is "enough" better to make up for its lack of confidence.
This fails to address a few things here:
* It completely ignores people that read the post but didn't vote. There really is no way to get a perfect count of this no matter how much scroll logging, but you could approximate it and then include it in the calculation.
* On HN many people can't downvote.
* As others have pointed HN doesn't necessarily start with a base assumption of all commenters being equal, nor should they.