Hacker News Reader

That when you drain every smart/productive person away from every other country

This is a ridiculous premise.

I edited that sentence to be less absolutist, but still, isn't this essentially what this article and many people are advocating? Attracting all the smartest and most productive people in the world to move to the US? How is that a mischaracterisation of the argument?

geohot is trying to convince himself not to be drained..

See https://geohot.github.io/blog/jekyll/update/2024/11/03/high-...

>Oh and in the IRL mean time, it’s very nice to be physically in a high trust society. Still working on opening an office in Hong Kong for those who want, salaries higher in person.

Personally, I hope he'd flesh out more of that Bretton-Woods vs inflation argument (instead of fixating on gold, build an argument on that energy graph in the middle of it all (blackgold? stargold? hydrogold? datagold? Transmuted silicon ingots?))

What percentage of people do you think are capable of competence?

It would have to be a low number like 10%, with perfect sorting of them into the US, to even start to have the impact you are postulating.

Reply on news.ycombinator.com