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echo85

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Thank about that. This thread starts by saying it’s unfair to pay based on location and a given person provides the same value from anywhere, yet the worlds most successful companies choose to hire in the most expensive locations. Programmers in SF must be more valuable or companies wouldn’t hire there. In fact wages are high because of demand for that location itself not justness the cluster of talent there. As a remote company owner who hires in both North America and Asia, Timezones matter a lot. We have some incredible devs in Asia who I’d pay twice as much if they moved here. It’s not about living cost, it’s about opportunity cost for both sides. Salaries are a negotiation, and location matters to the extent the parties involved say it does.

Doge 4 Water 12 years ago

This is a really good point, and I hope they come up with a another proof of work algorithm that does something useful like protein folding, or switch to "proof of stake" which is not compute intensive alternative.

Doge 4 Water 12 years ago

I think mostly people from the Dogecoin subreddit, reddit.com/r/dogecoin . A lot of it was probably mined rather than bought also.