chucknthem

Helps working parents with logistics too. High school kids can dress themselves and get themselves to school.

That makes sense, 2013 was when ASICs were getting popular and started dominating mining. The industry has slowed down significantly since. Presumably they've implemented most of the low hanging fruit optimizations. Antminers from 3+ years ago are still profitable in a lot of areas with <=$0.1/kWh electricity.

How long ago was this? The rate of improvement on ASICS as well as new entrants to mining hasn't been this intense in a long time.

Tesla owner here, have friends that work at Cruise. Tesla is waaayy behind cruise and waymo on the self driving front. Those other companies actually have fully driverless cars driving around San Francisco. Tesla is not even close.

I think GM will have the best self driving system if they manage to commercialize the tech cruise built.

My family has been getting milk from a brand called Straus family creamery which is available in glass bottles in northern California. Best tasting I've found around here.

YC interviewer: "Please tell us about the time you most successfully hacked some (non-computer) system to your advantage?"

Medical student: "one time I hacked my ear..."

Agree with your first point.

On the second though, at some point, infrastructure like AWS are going to be more reliable than what many banks, medical device operators etc can provide themselves. asking them to stay on their own hardware is asking for that industry to remain slow, bespoke and expensive.

Some of the higher end IKEA stuff is not bad, I have a bed frame that's solid wood, looks great and I could easily keep it for decades. Most of the IKEA furniture I bought in my younger days is compressed cardboard and have been replaced because it was starting to fall apart after a few house moves and wear and tear.

Yeah seems like a luck of the draw for the miner to happen to find the right hash to mine the block when this transaction happened.

Very risky way to launder 23M.

The market around me is the opposite. The single family home I bought was just remodeled with modern amenities and the house is in a nice walkable neighborhood. The rentals around me costs less than my mortgage but they're not nearly as nice. I'd be willing to rent a place like mine, but there simply isn't any rental inventory like it. Maybe above a certain price people would rather spend that on a mortgage than rent.

True and that's why I think it'll take many decades. Merchants accepting before the mass adoption of lightning and other layer twos are way too early, and no one wants to spend it before it reaches mass adoption.

Bitcoin only makes sense for emerging market countries with unstable currencies or formerly stable countries going through a crisis. In the former case it takes a long time for those economies to mature. In the latter case, it might be temporarily adopted by their citizens until they can escape to a more stable country or the country manages to turn itself around. These events take decades.

For now, it's just a store of value. You put it in a portfolio like gold as another uncorrelated asset that tends to go up over time as fiat currencies inflate which is what got some of the recent big macro/portfolio construction crowd interested last year and driving up price in this recent run up, and unfortunately the market cap is too low again for more serious allocation to it without driving up price too much.

We're a decade into an adoption curve that was planned to be over a century long

On ramps yes, many bitcoin holders are waiting for the day where it's spendable and accepted by more merchants and that's going to take decades.

And become insolvent in a bank run?

This is the full text of the bill https://twitter.com/nayibbukele/status/1402446890466217985 3 pages, double spaced. Very digestible.

The tech solution is amazon go https://www.amazon.com/b?ie=UTF8&node=16008589011

You don't get let in without an amazon account. Once in, you take what you want and computers figure out what you bought and charge you.

Reminds me of the bitcoin cash fork and segwit drama in 2017.

fascinating take on the economic incentives, do you have any books or studies you can share if I want to learn more about it?

> I'm curious about what you mean by a possible better store of value. To me, that sounds like saying we can go colder than 0 kelvin.

Maybe better store of value isn't the wrong choice of words, but better in terms of having the same store of value properties + more resistant to attack, better privacy, easier to secure, easier to use, scalable etc.

There are projects trying to be better than bitcoin on technical fronts, but it needs to be an order of magnitude better to offset the current moment and network effects at this point, unless a real attack on the bitcoin network threatens its security.

Eventually it won't go up anymore either due to market penetration or a better store of value came along. The current long term holders believe that 1. It's far from market penetration (just look at the skeptical comments here) and 2. It has sufficient network effects and momentum to over come competing stores of value.

If not for more equitable society, what's wrong with concentration of wealth?

Being unenforceable doesn't stop a state from passing it (see AB5 recently with most industries getting exceptions). And once it passes, it posses serious business risk to operate in that state.

> I'd always imagined Berkeley would be the ideal place — that it would basically be Cambridge with good weather. But when I finally tried living there a couple years ago, it turned out not to be. The message Berkeley sends is: you should live better. Life in Berkeley is very civilized. It's probably the place in America where someone from Northern Europe would feel most at home. But it's not humming with ambition.

With VCs and touting a move to Miami, Austin & other cities as tech spreads out, I wonder what message those cities are sending to attract ambitious people.

Or have we sufficiently gotten past the point of tech being in a physical location vs being on zoom, slack & twitter.

This is the first time I've heard of Conway's law used in a positive or at least non-negative way.

Their mission used to be "make the world more open and connected". They changed it because it because they've mostly achieved it and being open and connected has a different set of negative externalities.

Yeah definitely not San Mateo, but east bay will do that. My realtor says her business in SF and the peninsula is drying up, but east bay is hotter than ever.

Former Uber employee here...unfortunately many of those changes either made rider experience worse or made the marketplace less efficient. Lyft gained share as a result of these changes.

At the current rate, the gig industry will be regulated out of california and other regions that follow suit (this surely sets regulatory precedence for others). The product won't be at a mass market compelling price point without a better legal framework for gig workers until self driving technology catches up. Its best hope to make it work (and what Uber is lobbying for) is a third 'worker' classification between contractor and employee like what the UK has.

I think your views of local municipalities ability to provide transportation in california are way too optimistic. San Francisco currently operates the most expensive bus stop ever built https://en.wikipedia.org/wiki/Transbay_Transit_Center

The majority of Chinese people have seen an unprecedented improvement in living standards over the past 3 decades, with scientific and engineering breakthroughs to boot. Hard to see them adopt western values from their perspective, they're doing fine without it.

Uber was an early adopter of QUIC and saw significant performance improvements for its apps from it, especially in markets where mobile connectivity is poor https://eng.uber.com/employing-quic-protocol/

Still no vaccine for SARS 18 years later, what makes you think we'll have a vaccine for this?