video title, for those without a magic youtube url preview device.
1,478 karma · joined January 13, 2016
video title, for those without a magic youtube url preview device.
crypto and gold can be exchanged for labor products in much the same way that other wealth can be (a house, stocks, bonds) — by first being exchanged for money. what do you mean when you say these things aren’t “translatable” into labor?
the third option: broadly exposed, and also condemned. there’s no reason that increased exposure has to decrease condemnation. in many cases, it transforms condemnation into a more insightful view: as society has had increasingly honest views into addiction, we understand it better and are able to replace the “addicts are bad people” myth with a proper understanding of behavior and human psychology. every person knows that they’re taking a risk when using oxycontin for an extended period of time and can take the necessary precautions as a result. this wasn’t true when we covered the whole complex truth with a blanket. the blanket only ever slowed us down in our effort to understand and address the real problems.
you have to mentally remove this paragraph from your story. the scenario is that there are zero repercussions for failing the audit. you might think that it’s irrelevant to you, but the fact you bring it up shows it had at least some impact on you. maybe not enough to impact your actions today, but there’s a large spectrum here where the difference between enforcement or no enforcement is significant enough to impact the behavior of a slightly different person or of your own behavior in a slightly different scenario.
https://www.readthesequences.com/ or the paperbacks are on Amazon.
this is only relevant for multimode fiber, right? in singlemode fiber the light must propagate parallel with the fiber. even in multimode fiber, some light is parallel, so it doesn’t necessarily limit latency — it creates dispersion.
replace “autocratic” with “unelected”/unaccountable and you get the NSA.
to my knowledge, this number has remained remarkably consistent over the past 5-ish years, even as Proton/Wine become more and more reliable. it seems that library compatibility isn’t that much of a determinant for which OS a typical user chooses to game on.
but if Valve’s console effort is successful, then that number would necessarily rise. and i can see a linux console replacing something like my Switch. at the end of the day, console gamers don’t really care about the underlying OS — just the hardware and the game library (and miscellaneous HTPC features, etc). if such things can be abstracted from the actual console, that gives a huge leg up to incumbents. might pave the way to some Cambrian explosion of console development differentiated only by hardware.
ohh, i misunderstood the lockup conditions around lending. so the protocol properly does decrease circulation. still at the expense of an increased maximum supply, but with the rate at which that new supply enters circulation controlled for independently (by the "bean supply").
i don't see any mechanism to decrease the maximum supply. over the very long term, it seems that the system becomes increasingly unstable the longer that the bean demand growth is below the Weather rate. the bean demand growth ought to have some resemblance to the general rate of return, so the uncertain thing here is: will lenders lend at advantageous rates to Beanstalk after it establishes itself as a good creditor? or will lenders demand an outsized return for lending to Beanstalk, on account of their money being locked up for an indeterminant duration? i see arguments for both, but it's pretty academic: it looks like there's enough runway in the system that these "very long term" preponderances are mostly irrelevant in this stage of defi.
interesting project.
a lot of the arguments make me think of two different approaches to a task: breadth-first v.s. depth-first. for most tasks, you almost always want a balance of the two. in general, when you're young you explore the breadth of relationships; and after a time you understand which aspects are most important to you, and you pursue the depth of a smaller set of relationships.
now there's a lot of surface-level media out there. the kind that tells you about some thing without explaining it. you might listen to a broad overview about current topics in electrical engineering. by doing so, you learn about the avenues available to you and then later you go and do a deep dive into the specific avenue you want.
> The world rewards people who develop expertise in a specific subject.
indeed (modulo that your "specific subject" could just as well be a niche blend of classical subjects). pushing the envelope requires a deep approach to learning -- the version where you listen at 1x, pause, and then draw new conclusions/connections that even the author missed. but if you're still in the earlier, discovery phase of your growth? then what you really want is the 3x speed, breadth-first overviews.
not all information is equally valuable. if, by using 3x speed, you can more quickly locate the areas of study which are highly valuable to you at the expense of failing to integrate a bunch of information that is of low value to you, that can be a fair tradeoff. understand the tradeoffs; be explicit.
there's a million different ways to look at a system like this, and tbh i'm sort of drowning in the metaphors ("pods", "stalk", "weather", etc). is there a more convincing argument for how the protocol deals with the bean value < $1USD scenario?
either way, a $2T crypto market (i don't know where GP got $3T from: CoinMarketCap.com lists 2.2T) is substantially smaller than a $50T stock market. Governments can and have just straight up injected that demand equivalent in value to that $2T figure into markets in the past, so if we have a crash localized to crypto, it's not as though govts have no recourse.
and anecdotally, yeah, seeing crypto go up has similar impact on me as seeing stocks go up: i feel more comfortable making larger purchases whenever my wealth goes up, doesn’t matter if crypto v.s. equity (if volatility impacts your comfort, then you just cash out your gains and soend those).
cost/benefit analysis, i do agree with though. or maybe a “risk-adjusted” cost/benefit. the biggest disagreement i have is with people who think climate change is inherently bad, rather than believing specific outcomes/effects of climate change are bad. when you unpack climate change often the bad things are common across catastrophes caused by other disruptions, e.g. food/water insecurity is something we could see both from climate change or large-scale war. certain ways of thinking about the situation might lead a person to believe that addressing these effects is the way to make humanity more bulletproof, rather than trying to prevent the several distinct causes (CO2 emissions being one of them) that lead to the real problems. though it’s never an all-or-nothing, more like “reduce the causes to the point that you’re not reducing our ability to respond to the effects”. cost/benefit analysis, like you say.
books are cool, but if any of the above tracks with you, the barrier to entry is actually a lot more substantial than the other forms of media we're accustomed to (tv shows, video games, etc). writers shoot themselves in the foot by writing massive tomes that take 800 pages to say what could have been better communicated in 200. introductions are the epitome of authors totally losing track of what the value they provide is -- and yet new authors still include them freakishly often.
what does this mean? i assume in your picture, the taxes (finance) are paying for the labor. if not, what is it that we’re struggling to finance?
[1]: https://www.ipcc.ch/site/assets/uploads/sites/2/2019/06/SR15...
i'd love to see a proper dive/writeup from someone in-the-know. lacking that, here's a third, completely speculative theory:
from what i hear, these big distributors are excellent at providing quick turnaround time. suppose that in order to guarantee this for large customers -- who presumably provide the bulk of revenue and who most value this service -- DigiKey must continually over-provision its operations. and so whenever there isn't a number of outstanding rush orders, there's extra staff available, at no marginal cost to the business, to assist the little guy.
the writer (who appears to be anonymous?) shamelessly omits citing or linking to any source for this, and i can't find it. there's a WaPo article [1] claiming a similar thing, where their assertion is backed up by a broken link. when i search "India fertility rate" the most relevant thing i can find suggests this to be 2.18 as of this year [2]. this source's numbers match the St Louis Fed's numbers [3] up to the point that the fed lacks data (2019).
help me out here. the claim that fertility rates are falling faster than predicted -- and that replacement rate has already been reached -- is central to this article. so on the surface, this article seems entirely untrustworthy.
[1] https://www.washingtonpost.com/world/2021/11/25/india-birth-...
[2] https://www.macrotrends.net/countries/IND/india/fertility-ra...
i don't disbelieve this, but this is the first i'm hearing of it. the obvious counter-example i have at hand is Bernie Sanders and others on the left pushing for free college education (which is a benefit to all the parents out there who start college funds for their children). and didn't last year's stimmy checks/tax breaks give more benefits for parents with children than parents without children? i swear early revisions of Biden's infrastructure bill had stuff for childcare, too, though idk if that made it into the final revision.
i can believe that there's people who oppose these things, but is the trend really against providing benefits for child-raising parents, or is it just that the roll-out of these benefits is too slow for your taste?
how big is this movement, actually? personally, i quit my job without knowing about “anti-work”, and without the goal of making any point. then i was very confused when multiple people IRL told me they respected me for it, and learned about anti-work. it happens that there’s some overlap between their complaints and my reasons for quitting… but their complaints cast such a wide net that it’s not surprising. so i’m not yet sure how much the anti-work label or the community actually affects things on the ground v.s. just showcases popular sentiment and actions that people would have taken anyway.