eof

Bitcoin, tor, bittorrent are all perfect examples of decentralization simply not working in practice

It’s not massive. It’s extremely tiny. It’s just that the system is very delicate and we are even tinier, so the effects from our perspective are large. (Think getting hit with a little 1/100000000th of earth mass meteor. The earth will barely react on galactic scale/ long term, but the momentary occupants will sure get a shock)

How many times have you used google or gmail or YouTube or android today?

Interesting and surprising comments. Anyone ever heard of AOL? Are they dead?

I think Google will likely go through similar path as Microsoft; such a tech powerhouse and cash cow for so long, innovation became eclipsed by profit optimization.

Microsoft turned it around a decade ago with a successful cloud pivot.

Google would have to fail fabulously for minimum of a decade before we could even begin to start claiming it’s terminal.

Much much happier working remote in a small town. That satisfaction would likely drop with the salary arbitrage dropping. If I could afford privacy in Palo Alto, I’m sure I could be just as happy there.

It's of course a huge improvement. It was close and I'd probably have been happy with either but ultimately the telluride had features i cared about (better towing) and palisade had some i didn't (electified third row seats); and I like the look of the telluride better.

I live in a rural area and got the trim with the 'offroadish' appeal; which didn't really exist in palisade.

I just bought a 23 Kia Telluride (was also looking at palisades) to upgrade my 05 outback; I did extensive research, and ended up zoning in on Hyundai-Kia specifically because their electronics are so 'hackable,' while still containing all the cutting edge sensors.

I think it is going to be a tiny sliver of cars that are allowed to get away with having a vehicle be able to be controlled like a remote control from a completely unencrypted, trivially intercepted-and-changed protocol. In the future I suspect if manufacturers want to put these features on cars, they will have to protect the communication between the different systems.

I’ve never worked at a huge org. I assume though that there is a hypocrisy between what you are asked to do (trivial small things) and what is rewarded (big bold changes).

How do you know if you’re the one calling disruptive ideas “hype?”

Because statistically, you probably are. We all are.

The structure of scientific revolutions (kuhns seminal contribution) has influenced and helped my thinking more than any other prose by a large margin.

The desperation which fully-subscribed adherents of a paradigm cling to said paradigm in spite of shortcomings of its explanatory power is the most powerful signal for detecting big shifts within a domain.

Kuhn only applies it to scientific paradigms, but the exact same patterns emerge within microcosms

They may not share my belief, but that doesn’t change the facts.

https://spike.co.nz/glenns-blog/the-elephant-and-the-stake/

I can do voice calls over WiFi, but SMS does not seem to ever go over Wi-Fi. Because I am rural and connection is so valuable, I carry two phones, one on Verizon, one on ATT+TMobile. Both are iPhones, but one of them is about 4 years old.

(If anyone has any hacks to get on FirstNet, I’d love to hear them)

integration with imessage would be the most valuable. where internet is strong, but cell signal is weak, SMS is really brutal. that's my life. any data that can't flow "over the internet" is just ridiculous at this point

You lost me at SMS.

Also, people do not get rich from incomes, as a general rule.

People who cannot save money that they can invest into their own endeavors or others, very rarely get rich.

Of course it depends on what you mean by "rich." Most of forbes 500 does not get there through income. However, the large majority of self-made people in the 1M-10M networth range did it with initially earned income, which became saved income, and then invested that savings (either in themselves as an entrepreneur, or just in the public markets).

either your claim is wrong, or hardly anyone is willing or able to do even one or two things better than most people

That is cute, but not logical. Let me offer a third option: people don't do it, despite the fact that it is easy.

I might say, if you have normal body control, it is very easy to make your bed every day. Your logic applied to that same statement might be, "given that roughly half of people don't make their bed every day, either half the population doesn't have normal body control, or your claim is wrong"

There are many things that are very easy to do, without any caveats at all, that most people don't do.

It is very easy to get wealthy (assuming access to western markets and not being party to systemic racism) if you are willing or able to do even one or two things better than most people.

I am working on my second “fortune.” I liked reading the article, even though it kind of hurts to look backward at myself also being too complacent. The decisions I would have had to make to have generational wealth today, a decade later, are far more reasonable than the decisions I actually made.

I went down past 0, and today (a decade later) I own a few properties and have a net worth about 5x my income. My mindset is 1000x different. I am hyper vigilant about staying hedged and frugal.

The absolute number 1 thing you need to do to get rich is save >20% of your income. Whether you make 20k/yr or 200k, if you can pay yourself approximately what you pay the government, even the simplest investment strategies are virtually guaranteed to make you fabulously wealthy by typical standards.

If you are making 20k and can’t find room in your budget to save 4k, obviously you’ve got to increase your income somehow. If you are making average or above average income and can’t save, you can decide if frugality or more income is path of least resistance to higher savings rate.

The other critical thing to getting rich, if you want to do something other than DCA into indexes over decades, is to realize that the opportunities to get way-above-market returns are far, far more numerous if you are taking $10k positions vs $100M positions.

Thanks for saying it. Industrial energy storage hardly strikes the intuition as less tractable than a skyscraper in the desert or a tunnel under the ocean

i'm a cto persuing a cfa because i have an interest in business. i think its completely absurd that you would think a CFA would be irrelevant to business.

Others have said CFA. CFA is the obvious paved path to what you are looking for. A few grand to add some letters to your name, and it will forever alter the way you think about business. But probably just ask someone who you think knows a lot to teach you.

would be nice to replace the link with google translate version linked below; rather than remove.

i don't even see this on reuters

edit: with all due respect; a bunch of right wing demonstrators breaking into congress on january 8th; while it isn't covered by any major agencies, as at the very least intellectually interesting

https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...

as someone who can't guess exactly what faction broke through and why, this seemed the most relevant:

https://www.euronews.com/2023/01/04/brazils-bolsonaro-may-fa...

10 day (free) vipassana meditation retreats will fix you right up. Don’t get caught up in the dogma though.

dhamma dot org

It’s not, if your job is to onboard a new engineer. Those first few months make all the difference. If the “other parts” of your job prevent you from maximally optimizing the productivity of your new coworker, the compounding negative returns on that onboarding engineers time is incredibly expensive.

Unlike almost anything else you could be working on, turning someone from nonproductive to productive, or more productive, has compounding effects that can quickly help or hinder the longer term objectives

One solution I've found as a more senior engineer is to force a working session with a junior regularly. Like, we're not there to do anything specific, just work on something together. This ends up becoming a much more comfortable space for them to open up with all their questions

We have had really incredible returns from what we call “hack sessions” which are like you said, essentially hosted by at least one senior engineer. We find something in the moment to discuss, or someone shares their screen and we debug together. If no one has anything, I personally start quizzing people on deep technical details and it usually only takes a single question before the topic naturally evolves toward optimum teaching. By now people look forward to them as a place to bring their friction, so lack of topics is rare.

No the 6th and 7th would have no effect at all. The 2nd and third likely would though.

It means you can have 10mm in guarantees. Your debt to income has to continue to conform as the mortgages stack up.

But, if you can use a lease against the house as proof of income that could offset the mortgage.

That’s basically the secret sauce to “get rich with real estate” content.

Edit: it has no effect on savvy individuals because they can always put each new home inside an llc, continually keeping their count low. This is what you would do after 10 mortgages today, though most people would have put the homes in llcs by 10 anyway for other reasons.

I think this is a case of the path to hell being paved with good intentions.

Limiting it to 1 or 2 would have zero impact on either corporate money or savvy individuals and, would likely reduce upward mobility, as navigation of these subsidized markets is one of the most reliable paths to go from low to medium net worth.

Once someone has 8 figure net worth, these subsidies are noise. I really get the feeling the baddies are using much more egregious subsidies than this one.

Yes. Across all companies I’d guess 20% of what goes into jira effort actually aids development, with the remaining 80% primarily aiding people other than the developers to understand how the development is unfolding and will unfold.

Sounds like at some point someone set up a good system there.

The market is going to go down a little more, then way up.