SandroG

I think the post is correct in a one-period sense, though I’m not sure the equivalence survives once you model long-term compounding, additional capital gains taxation and liquidity constraints.

This is very helpful and insightful. Thank you!

Here you go:

https://github.com/gvelesandro/constructor-theory-simulator/...

This is surreal, both literally and figuratively.

Optimize for learning, not for earning. In the tech field degrees matter now (you don’t see too many AI startups founded by high school students without degrees). If a University is a ticket to a funded tech startup or a tech co, go that route. Go to the geographic hub of the industry that you pick.

dumb question: why do two American companies need an approval from the UK to merge?

A personal budgeting app for my household that shows instant effects of every financial decision into the future (up to 40 years)

Provides the most actionable advice to help you reach your next milestone in your startup journey.

If you have an Apple Watch, there is a nifty trick of pressing and holding the "Locate Phone" button in the Control Center. Doing so also engages the phone's flashlight so you can find it at night.

Majority own appreciating assets. Rent depreciating assets.

Good point. I’d be curious to hear if anyone has upgraded their plan.

Folks are right, the Upgrade option is no longer available for me either.

100%. I wish they offered a tiered plan.

Is this related to:

Multiple websites including DraftKings, Airbnb, FedEx, Delta and others appear to be experiencing issues.

https://www.bloomberg.com/news/articles/2021-07-22/multiple-...

It’s funny how the title of this post keeps changing.

This story was submitted to HN over 10 years ago: https://news.ycombinator.com/item?id=1257644

My framework is:

1) Identify hard problems — they are pivotal in unlocking the next level of progress. If unresolved, they all but ensure the status quo.

2) Their solution requires System 2 thinking, autopilot interruption, lack of distraction and imposition of both physical and time constraints.

How to identify and solve hard problems, which if left unresolved block progress.

Demise of the US dollar as the reserve currency.

How prophetic. This was written just before the Great Recession of 2008.

My favorite is “literally” which really means “figuratively” these days.

How about planting more trees? Cannot think of a more efficient process of removing CO2

For all practical purposes, mining the last remaining coins will be cost prohibitive. High transaction fees might depress the Bitcoin prices. Not sure if anyone will pay hundreds of dollars for a single transaction. I don’t see a sustainable solution behind this.

Bayes in action: The author of this article had a set of prior beliefs about the Bayes's Theorem, which evolved after he reviewed more evidence.

Thank you, Tom Wheeler. Today is a good day for the Internet.

+1 for open-sourcing the tools. Even though I lost fair amount of STR in the tfPartialPayments incident, I don't fault you guys because I believe you've tried your best to rectify the matter, and appreciate your transparency along the way.

What were some of your challenges that you think new startups in this space would be suited to tackle?

After watching the video, I appreciate the potential of Kaya. I clearly see the benefits of the native many-to-many construct, and its unified data/instructions model.

I wonder if Kaya could store graphs efficiently, in addition to hierarchies. For example, can you have one table called Employees with a property Reports To, which references another Employee? In other words, can Kaya allow this: Employee.ReportsTo = @Employee?

Those same workers could have traded in their 5000 Stellars for $50 on Stellar Forums. Everett was actively selling 5K Stellars at $50 [http://forum.stellar.org/t/i-want-to-buy-your-stellars-50-fo...], while buying them at $1 on Mechanical Turk.

He found a pile of people looking for a job, and willing to perform a set of tasks for a certain price. Nowhere was it disclosed that this was a one-time deal, and by proceeding they would be forever limiting the upside of their personal economic prosperity.

If you disclosed to these people that this is a one-time transaction, and that they will forever be parting ways with their only allotment of currency which might appreciate in the future, and which is currently valued 50X higher, I bet you wouldn't get as many takers.

I bet that the unsuspecting Mechanical Turk workers, who traded their 6000 Stellars, did not realize that this was a one-time deal, rather than a repeatable revenue opportunity.

Mechanical Turk workers are used to low-paying and high-volume jobs. The $1.00 fee is very attractive for the steps involved, if this was a repeatable job. It's only natural to assume that every worker would attempt to create another Stellar account and retry the steps anew, only to be confronted with a an error after the first attempt.

And, unbeknownst to them, if Stellar does become a success, those workers will forever be left on the sidelines. Considering that Stellar has the potential to include the world's underprivileged into the global economy, often without bank accounts or identities, it's a shame that we are the first to take advantage of them.