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dpweb

2,217 karma · joined January 18, 2013

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dpweb··on How much can you get out of a $4 VPS?
Its big companies - their priorities are different. Saving a couple million dollars isn't worth the tradeoff of not being industry standrd (AWS, Google, MS). They hire tech consulting companies who sell their product, large deployments.
dpweb··on U.S. stock market returns – a history from the 1870s to 2022
You can only evaluate returns compared to the risk-free return (ie treasuries) - and favor treasuries cause less variance.

Stock market success depends entirely on when in history you got in and got out. When it comes to US dominance over the next century - who knows. I do trust in Fed interventionism and willingness to print money - so that certainly favors stock market investment.

Personally I find stock market is too high a variance and I prefer not speculate with money I can't afford to lose.

Buffet himself said their biggest peak to trough was 50%. Fine if you're already rich and investing a fund. Not so great if it's kiddos college money.

dpweb··on American life expectancy is now at its lowest in nearly two decades
Well the question is how to enact real change.

Too much bad food and bad media would be a start. When you look at American culture, it would be shocking if we were not unhealthy and depressed.

But then, how do you do this without authoritarian measures.

dpweb··on Paul Graham is leaving Twitter for now
I think the preferred approach if you’re outraged about Twitter management, is speak out about it on Twitter, as opposed to quit in protest. Fight the fight if it’s worth it.
dpweb··on ElonJet – Account Suspended
Motives are unknowable (irrelevent), it's only actions that matter.

I'm no fan, but this does pass the 'would probably do this too' test. As, I could see this being a recommendation from one's personal security team.

Not to mention a doxing that is my understanding violation of T's policy. But yes, you then have to ban Gatesjet, Puinjet and so forth.

The free speech argument is kinda stale for me at least, it's easy to virture signal 'in the interest of free speech', but obviously there will always be some speech that is not acceptable (ie.. doxing, illegal)

dpweb··on Vast Majority of People Who Invest in Bitcoin Inevitably Lose Money, Study Shows
Stock prices are tethered, albeit with unfortunate volatility, to the expected cash flow of real companies. Crypto only to the willingness of others to buy crypto.
dpweb··on Ask HN: How did the CFTC and SEC miss FTX and Alameda?
You simply cannot have a financial system without indemnification. This is the value provided by a central authority. Peers could provide this, in a decentralized system I would think, but you don't hear much about it.
dpweb··on Twitter’s mass layoffs have begun
I don't believe this is always true. For instance, whistleblower cases, or NDAs that can be broken by supeona.

Considering there is already some legal questions being raised about the firings - and I'm not arguing in favor of the merits of those cases - there is some possible scenario where an internal leak may be justified.

dpweb··on Bye Twitter – Manu Cornet
I find the 'not going to take further action' telling, not to mention the bad taste of making fun of your employer publicly.

Seems mostly immature and passive-aggressive to me.

Aside from the criticism of the company, if I'm a manager I'm probably saying we don't need immature, passive-aggressive people on the team.

Personal opinion, but I'd probably not complain publicly about being terminated, unless the company broke the law regarding my termination.

dpweb··on Meta Quest Pro
I believe AR/VR is the next great step, but that the personal benefits are generally underestimated and the work value, especially for knowledge workers, overestimated.

An AR headset you can wear while fixing a car has massive value. For writing code or project managing less so. People don’t really want to be more present in remote work meetings not to mention there’s no added business value. But enterprise is a huge market so you have to try to market to it.

dpweb··on Aging programmer
I know several 50s something programmers who have plenty of work. This is in big-corp IT not the younger SV scene.

Only an asshole cares how old somebody is. Reminder also, ageism isn't just a bummer, it's illegal.

Most people aren't going to take legal action, but imo if you're discriminated against you have somewhat of an obligation to do so.

dpweb··on Software I’m thankful for (2021)
I'm endlessly dazzled by the elegance of the 'unix principles'. There is no question anything developed today would be much more complicated.

Still, leaving the linux shell largely for 15 years and coming back to it, I can do basic things - without reading an instruction manual.

dpweb··on React I love you, but you're bringing me down
Any good articles I can check out that go into this in depth, or should I just check out the tutorials/documentation? Thanks
dpweb··on React I love you, but you're bringing me down
I'm trying to select a good framework and coming from long before react, having a tough time finding why shouldn't use just custom elements with no framework. Which is already built in.

   customElements.define('my-element', class MyElement extends HTMLElement { ... })
I can manage state within the component, app state in window.state. Coding up a simple reactivity is really pretty straight forward. Now, for this feature and that - maybe not - but do we need all those features. Programmers like to write code, so every framework always gets bigger and more complicated.

I understand and respect the problem react is trying to solve, I just don't see it as much different than the js world before async/await and fetch, etc.. callback hell - which I saw as much more prickly issues.

dpweb··on The forty-year programmer
Hitting 40 years next year, since the day I found that TRS-80 at the nature center.

Companies have paid me to do it, for the last 25. So I do it all week, then do my personal projects on the weekends.

But I never wanted it as a "career". I never, ever, "aspired" to be a programmer. I just always was one. It's all just playing with computers, and coincidentally businesses need it, so I don't have to get a different day job.

dpweb··on Snap rebuilt the infrastructure that now supports 347M daily users
I wonder the costs of old school build your own datacenter.

I have to believe coud costs particuarly as AWS and Google further leverage their dominance will rise to the point where some large services choose this.

dpweb··on Crypto Is Crashing, But Companies Aren't Acting Like It
Banks are quasi-governmental institutions, they will always be bailed out. They hold a special governmental license to create money. Too big to fail they call it.

Crypto ain't money, it's an asset class. Asset classes rise and fall, But none of these "billion dollar firms" created yesterday by a 25 year old are going to be safe when the price plummets given the highly leveraged nature of it all.

dpweb··on How Inflation Works
I think you could say Friedman is technically right, if you consider wars which decrease output changing the quantity/output equation.

His philosophy proven again correct in my view. I found Yellen's comments staggering - having to apologize for not seeing inflation coming - after the US increased money supply 40% from 2020-2022.

What other pretty basic economic realities are not being considered by our leaders?

dpweb··on Federal Reserve raises rates by 0.75%
Money drives the political process. We refuse to change it. Stockholm syndrome.

Just getting corporations and billionaire individuals to pay some taxes would be a nice start.

dpweb··on Coinbase CEO Tweets ‘Quit and Find a Company You Believe In’
The quote in context: Second, if you have no confidence in the execs or CEO of a company then why are you working at that company? Quit and find a company to work at that you believe in!

I don't find it particulary nasty and know nothing about cb's culture.

dpweb··on Yep: Google alternative that shares revenue with creators – by Ahrefs
If it stops Wikipedia asking for donations I’m all in
dpweb··on Joseph Stiglitz: 'We should shut down the cryptocurrencies'
There’s 141 trillion of wealth in the US. 2 trillion is in currency. We already have digital money it’s called the US Dollar.
dpweb··on Engineering students create edible adhesive tape to keep burrito wrapped tightly
Depending on user (the burrito maker) to perform correctly is a major engineering mistake
dpweb··on The Great Crypto Grift May Be Unwinding
Coinbase claims to have 98 million accounts so yes I would consider them a considerable part of the ecosystem.
dpweb··on The Great Crypto Grift May Be Unwinding
Money is a creation of government, and frankly, the dollar ain’t so bad.

If my bank goes under I’m protected by the FDIC. If Coinbase goes under they have the right to use my money to pay their creditors.

dpweb··on Teen mental health is plummeting and social media is a major contributing cause [pdf]
What bothers me most and even on HN, where you usaully get intelligent discourse, the alarmist pessimism. Everything is falling apart! Just another form of self-indulgence. There must be something compelling about pretending the apocolypse is tomorrow.

Yes, there are problems in our social, political, ecomonic systems. They need to be recognized and addressed. Democracy makes that process slow and difficult. But the pessimism to me is one of the biggest dangers.

dpweb··on Is everything falling apart?
I do think we are stuck in this cycle, where our government/politicians appeal to our basest impulses and urges. Outrage, sympathy, jingoism.

This is rewarded with political support, viewers, clicks on the headline. Even this article “Is everything falling apart”. Alarmist clickbait.

So if you’re society consists of too many people who simply act on impulse, instead of thoughtful consideration, how do you deal with that?

I’d argue less vitriol would help, but you’re incentivized in the opposite direction. Both the person who feels helpless expressing your outrage in the comments, or the media outlet trying to get viewers and clicks.

dpweb··on Snapchat’s product is booming
Do they count it as a daily active user, if I stay logged in, don’t open the app, and the app sends me a notification or something?
dpweb··on I Just Hit $100k/Yr on GitHub Sponsors (2020)
Some tips.. As I've made up for loss of benefits, etc. in other ways after going self-employed. I've always done my own taxes so was comfortable with that aspect.

- Everything is deductible, your computer, home work space, etc.. They have phased out most deductions for employees.

- Max your 401k if you can (~55k Solo 401k) - this will make up for SE tax AND reduce your AGI so you can be less likely to be income phased out of certain benefits.

- Move to a state income tax free state, if feasible. Saved me $10k/yr.

- Look into short-term health plans. They aren't ACA, but have very desirable terms. For instance, marketplace plan for me 8700 deductible, 16000 out of pocket max was $550. Short term plan $2500 deductible $2500 out of pocket max (just no ACA protections/benefits) was $330 and is ALSO tax deductible, so more like $240. Networks are similar for instance mine is United Healthcare national network.

dpweb··on Elon Musk makes $43B unsolicited bid to take Twitter private
It needs to be better policed but I sense it's way undervalued being one of the few huge media platforms. It's a smart move. Meta market cap was 1T down to 600B. Other techs market caps? 43B sounds like a bargain.

Just the hype off this, and the excitement that will inevitably follow every tweak to the platform - tens of billions up in value.

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