55 karma · joined August 17, 2017
Invading a country to abolish slavery is morally justifiable, invading a country because you want to tax them isn't.
If my time horizon is 1 year?
That's right: 2%
If my time horizon is x years?
-0.98^x + 1
15$ in transaction fees is nothing.
Also, props for the title, which mentions the money sent as if that were relevant for the transaction fee, as if the transaction were a percentage of that.
That sounds like a calendar + recipe aggregator idea.
I think that's on purpose. They want you to invest time in it so that the sunk-cost-fallacy prevents you from admitting to yourself that it's a scam. It's the same reason that many courses start with a free video "but first, a little bit of history" or something.
I think that hints at the error. Computers aren't made for the "read/watch this thing" model. When we used computers in school it was to research some subject, answer some questions and that worked great.
What explains human behaviour is that with every action we program ourselves to follow certain strategies and rules and that others can judge to some extent which strategies we programmed ourselves to follow. Thus we have an incentive to follow strategies that lead others to trust us, so that we'll have more opportunities for cooperation in the future.
Google wouldn't exist without C++ (as opposed to assembly language). Facebook wouldn't exist without PHP (as opposed to C++).
If someone has a genius idea for making a better engine, he won't work for google, he'll create his own.
Implicit in this fear of centralization is a kaczynskiist belief that "everything that can be invented has been invented".
People predicted some company taking over everything forever, and in fact even before the web existed sci-fi-authors imagined a centralized network, were from the servers to the software everything is provided by the government. It's never going to happen.
The electricity mining Bitcoins costs with a normal CPU/GPU though is definitely more then you're going to make. (Even if your PC is on anyway, just the added cycles.)
EDIT: This is a good place to remind everyone that most people in the original gold rush lost money, their health and years of their lifes for nothing.
"its colleges and universities are failing to prepare youth for more complex work"
This is the future for the US too ;-)