379 karma · joined September 8, 2012
It seems he's happy to have found a criminal proceeding involving "libertarian derp". Besides this implied negativity (not familiar with Krugman, but his language reveals his standings) and a poignant "amazing stuff" reaction at the bottom, Krugman actually offers no analysis, opinion, reaction, or addition to anything at all on the DPR proceedings. His quoting of this[0] story was entirely framed as an example of why being in the FBI "these days is a lot more fun" than in the setting portrayed in American Hustle.
Judging by the title, I was really hoping for a disection of bad opsec decisions. Guess I'll conflate 'krugman' with 'rhetoric' from here on out.
[0] - http://www.nytimes.com/2014/01/19/business/eagle-scout-ideal...
tl;dr - Krugman watched American Hustle, then drew a half-hearted parallel between the movie and the criminal activity in the DPR and Silk Road case. He did this without saying much of anything about either subject while insulting libertarian belief systems with the use of the word 'derp'.
Any pain he feels over perceived 'opportunity loss' is effectively him 'taking one for the team', with the team being the bitcoin community. As mentioned elsewhere, I'm sure he did fine having mined early.
http://www.nbr.co.nz/sites/default/files/images/Mega%20Evide...
I have also been held up by coinbase delays in transactions over the last few days (though nothing was reversed), so I empathize with the pain. If you know of a more reliable and more quickly servicing online bitcoin exchange, I know many who would be happy to hear about it.
http://www.wral.com/17-year-old-dies-in-durham-police-custod...
"the Dunning-Kruger effect, as it’s been come to be called, is that one should pause to worry about one’s own certainty, not the certainty of others."
perhaps an average mind would poo poo themselves as a reaction to that uncertainty.
I like to think I am statedly and knowingly un-average, but not above average in very much at all. There are so many simple tasks that I know exactly how bad I am at (painting, framing work, basic db admin) that I'm happy to laugh at my own incompetence. Perhaps this is also rationalization of some kind of average-ness. Mediocrity can be scary.
Made me think of this: “The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.” ― Stephen Hawking
Unskilled and Unaware of It: How Difficulties in Recognizing One's Own Incompetence Lead to Inflated Self-Assessments
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.64....
EDIT: accent title
I gave up on TextSecure because of the flaw. I'll pick it back up if there's a fix.
thanks for the share.
This article is like a Segway: It is quite smug, and it falls a bit short of useful.
I am unabashedly on the fence on the matter. It is one of those things that the consequences are far more irreversible if one party is correct, and I always try to bear that in mind.
looking for full text somewhere...
I work in oil & gas data, so I'm surrounded by a bias from people that both benefit from fracking, and also have intimate working knowledge of the process. In my limited experience, I have found the above statement to be true.
I always love to hear informed arguments against fracking, I just seem to hear fewer of them than those in support of it.
Thanks for the share, good read.
from the about us column. You could probably credit Obama's social media team, or maybe the man himself. Interesting.
Spot on. Reminds me of the the quote by Cisco founder Sandy Lerner: "The first rule of any game is to know you're in one."
Scarcity of coins to the market goes down w/ each new coin mined, you're right. BUT, because we know exactly how many coins there are available to mine, doesn't this make the total number of coins available to you via mining go DOWN? If all the world's gold was in a single, perfectly measurable and publically accessible vein, would someone moving it from that publically minable place to a private reserve make its scarcity go UP or DOWN? There is the risk of the blockchain failing drastically, but past that it can be assumed that you have THAT MANY FEWER COINS available to mine, in total, right?
I may be thinking about this in the wrong way entirely, appreciate the comment.
Desiderata by Max Ehrmann http://mwkworks.com/desiderata.html Marcus Aurelius: Meditations http://classics.mit.edu/Antoninus/meditations.1.one.html
A couple of important thoughts:
-You're not the first to go through this feeling; great, successful people feel (or have felt) this way. Worrying is badly executed caring about yourself, and it's better that than to not care at all. Don't beat yourself up about it. You've already decided you want to change, don't beat yourself up about needing time to do that.
- Life will go on with or without you feeling okay about it. Every moment you spend thinking about some way you want the world to be different is a moment you didn't spend doing whatever it is you want to do with your life. Your life is your own, and whether it feels like it or not, you are choosing to worry, and you can choose not to. There are a great many things you cannot change in this world, and it's unfair to yourself to worry about them. You CAN change your thoughts and behaviors, so change them to however you think a great person would think and behave. There is nothing that is more worth doing with your time.
-be easy on yourself; laugh about it. it'll pass into "what the hell was my problem with that" much quicker.
Bitcoin miners affect the difficulty level directly, by mining or not.
Furthermore, there are a finite number of bitcoins to be mined. The higher the difficulty, the faster they are being mined. Therefore, the scarcity of each individual coin is going UP as they are mined. Let me say that another way: before a coin is mined, it is still available for anyone to get by mining. After it is mined, it is in a private wallet number, worth whatever the market says the owner should reasonably receive for it. As coins are mined, the supply of total available coins goes DOWN. As long as demand continues, price will go UP. BTC become more scarce with each coin mined, because there is one fewer to mine in the future, and every one to be mined after it will need to be done so at the new (assumedly higher) mining cost.
The difficulty level might be thought of as a direct index of the COST of mining a new coin. As that cost increases, supply for coins goes DOWN. Ceterus paribus, supply DECREASES, price INCREASES.
I use collaborative spreadsheets for everything: scheduling, crm, data-loading tasking, actual data entry. If a project is in its infancy and I want to get started quickly for proof of concept, online spreadsheets are absolutely invaluable in all sorts of applications. I piece-meal this stuff out to other services down the line.
I too muck with large tables in a standalone application (libre) and upload my updates. would love to skip that step and stay in a web-browser.