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GreaterFool

1,454 karma · joined November 4, 2013

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GreaterFool··on U.S. Changes Visa Process for High-Skilled Workers
At the same time that kinda cripples the ability to hire highly-skilled foreigners, isn't it? It's artificially limiting the pool of viable candidates.

Just imagine a PhD (or even a Master's degree holder) from Europe, a leader in their field. With this system they are at a huge disadvantage and so are companies that would like to hire them.

As someone mentioned this system will just lead to straight to masters degrees. Those "body shop" outsourcing companies just need their candidates to attend any (does online count?) US-based masters degree and then business as usual.

Having a Masters from "some" university doesn't make anyone highly skilled.

GreaterFool··on U.S. Changes Visa Process for High-Skilled Workers
> This is also what a lot of other countries do

As an expat for the bigger part of my life I can't think of a country that would prioritize their own institutions when applying for a visa. Generally there's simply a category for advanced degree holders.

GreaterFool··on U.S. Changes Visa Process for High-Skilled Workers
While I think allocating more visas to advanced degree holders is a good idea, why restrict it to US institutions? Weird.
GreaterFool··on Raise the capital gains tax and treat investment earnings like ordinary income
Would be an incentive for the city or state to enact policies for making housing more affordable. From what I've seen a lot of housing issues are coming from not-in-my-backyard-ism and zoning.
GreaterFool··on Raise the capital gains tax and treat investment earnings like ordinary income
Huh? Renting is bad economic behavior?

What's your alternative? Become a slave for 30 years to maybe afford to buy a house?

If you could deduce rent (or mortgage for that matter) then more money would stay in the hands of ordinary people. It would also encourage cities to make housing affordable. If housing costs get too high then tax revenue would drop. I think that's a good incentive overall.

GreaterFool··on Raise the capital gains tax and treat investment earnings like ordinary income
> But the 2017 tax cut legislation reduced the tax rate on corporate profits to 21 percent, from 35 percent. So if taxes on capital gains and dividends were raised by those 14 percentage points, we capitalists would be no worse off — and American companies would still be more competitive globally, the theory behind reducing the corporate tax rate.

Right. So when someone gives a handout to big corporations then we should squeeze the last drop of blood from pension funds and small investors? Brilliant idea for reducing income inequality!

I don't expect wealthy investors to rely on dividend stocks too much. Those are the scraps left from common people after the vultures have already picked the carcass clean.

Also, dividend stocks might be "safe"-er than some other stocks but it's still a relatively risky investment (the markets are crazy). If dividend taxes were 40% percent I would simply not bother. Too risky!

Here's an idea for making life easier for a lot of people: MAKE RENT DEDUCIBLE FROM SALARY BEFORE TAX

GreaterFool··on GitLab 11.7 Shipped with Releases, Multi-Level Child Epics, and NPM Registry
Sadly, too often GitLab is overlooked for a terrible GitHub+JIRA combo :-(
GreaterFool··on A high-carb diet may explain why Okinawans live so long
There are too many with added sugar, presumably to make it "taste better" for sugar addicted populace. You can find some with low sugar content, generally ginger flavored.

But its the same with everything. Cucumber juice, watermelon juice, this and that, most bottled teas, etc. Sugar, sugar, sugar. Everywhere.

In Japan I can go to convenience store and buy dozens of drinks with no sugar.

Or electrolyte supplements. No sugar versions are much harder to find!

GreaterFool··on A high-carb diet may explain why Okinawans live so long
Also, there's good food and there's bad food. It's hard to find something that you could label 'keto' that's downright terrible (once big food catches on I'm sure there's gonna be a ton of awful 'keto' food).

I spend a lot of time in Japan and US. In Japan food is simple, unprocessed, healthy. When I come to US and even though I eat well the food feels like glue in my stomach. And everything has horrible carbs in it. Salads? So much sugar I can barely eat them. Meat? Laced with sugar.

I wouldn't mind carbs from vegetables but they get mixed in this sugary garbage and then people come out and say "carbs are good for you" and then you end up fat and unhealthy.

Also, when I eat carbs I simply don't feel so good. Keto has been great so I'm going to stick to it.

I don't mind going off-keto but I won't touch anything with added sugar. Go to Whole Foods and look at kombucha. Why does it need a ton of sugar? It's hard to find one that doesn't. Or that "healthy" cucumber something something kale juice? Ton of sugar. Yuck.

GreaterFool··on $1T is leaving Britain because of Brexit
Yes, but you have nothing to suggest that this would be the case.

The connection to lending and borrowing is tenuous. There are many things on the books that can't be used to borrow against!

The article just says "assets". What if those were $1T worth of toxic derivatives? Still bad (for UK)?

I simply wish this article was better written and provided some useful and insightful information. $1T makes a nice headline and I guess that's all they needed.

GreaterFool··on $1T is leaving Britain because of Brexit
> have shifted at least £800 billion ($1 trillion) worth of assets out of the country

And what's the significance of that? Suppose I had $100 in a bank in UK and I moved it to a bank in Germany. Neither country is better or worse because of that. The article doesn't bother to explain the ramifications.

Deals are made in UK because English law is really, really good. Having to maintain offices in EU will surely increase the capital requirements of the banks but it's not a straightforward "Britain is XYZ poorer because banks shuffled some stuff around" situation.

GreaterFool··on Facebook is not equipped to stop the spread of authoritarianism
Nobody really is.

However, a "democracy" where the intellectual/media/political elites decide what is good for the unwashed masses to hear or see yet they become corrupted by wrong ideology rubs me wrong way. Too many fools think themselves members of those elites.

OTOH I do recognize that Facebook is a great tool to manipulate! I'm not blind.

There is a simple solution: either 1) get off Facebook, 2) stop posting things on Facebook.

Facebook = phone book.

I don't post or reply to posts. I add people I cross paths with and I chat with them on Messenger sometimes or if we chat more often WhatsApp or Telegram or something outside FB itself.

GreaterFool··on Some Hong Kong companies change their name every couple of months
It could be one of those "off the shelf" companies. Rather than incorporating one's own company one can buy an already existing company and change the name. Given how easy it is to incorporate in Hong Kong I wouldn't recommend that.

Also, those name changes are done through Companies Registry and part of public record. I wouldn't necessarily brush it up as shady.

GreaterFool··on E-Cigarette Maker Juul Just Gave Its Employees an Average 1.3M Bonus
If anyone uses Juul in my proximity I get very jumpy. The amount of nicotine this is delivering must be staggering. I’d stay away from this stuff.
GreaterFool··on Brave taking cryptocurrency donations “for me” without my consent
IANAL but I imagine that the donations are in brave tokens and it may or may not be treated as cash (even though the eventual payout is cash) which may or may not be legal depending on a lot of stuff that's beyond my area of expertise.

But if the idea was to 1) create token and 2) YOLO and yeah, lawsuits incoming.

But it could be that they have good lawyers and that it is actually legal (although as I write it I don't believe that, haha)

GreaterFool··on Brave taking cryptocurrency donations “for me” without my consent
It does indeed sound like a mess.

Keybase had a better idea: tie various identities to something stronger (private key). That way you can say: I'm X on reddit, Y on HN, Z on YouTube, etc. I think Brave could follow the same model, just make it seamless (or partner with Keybase).

You could take it further. Why one and not multiple owners? Imagine you have a handle H on HN and then that handle publishes 5 messages of "My public key is XYZ". Then if someone were to donate to H through the system you could split it between participants.

And you could run with that! Why even split if you could build some crypto system of control on top of that through smart contracts that lets you basically manage a small organization.

GreaterFool··on WhatsApp has an encrypted child porn problem
Yeah. It's just bad writing in the opening paragraph.

WhatsApp doesn't provide search but groups can be joined via links. Third-party apps and sites use the links to index groups. Some groups share illegal content. WhatsApp should hire people to crawl those apps/sites, find the illegal groups, join, verify and ban.

Not entirely unreasonable. Won't fix anything* but if the company is big and well funded they should at least make some effort.

* so you ban the users? $10 gets you a new pre-paid sim card

Could it be that "tech companies" are reluctant to pursue cat and mouse solutions (which also cost money) while "non-tech public" seems content enough if attempts are made to push the issue deeper under the surface?

GreaterFool··on WhatsApp has an encrypted child porn problem
> WhatsApp chat groups are being used to spread illegal child pornography, cloaked by the app’s end-to-end encryption. Without the necessary number of human moderators, the disturbing content is slipping by WhatsApp’s automated systems.

Wait what? Moderators for end-to-end encrypted communication?

Something doesn't add up!

GreaterFool··on Novogratz's Crypto Trading Desk Lost $136M in Nine Months
I also hear arb is doing fine.

I wonder how it works though. Most exchange APIs are terrible and it is simply not technically feasible to do anything using those APIs.

Also prices at too many exchanges move in absolute lockstep.

Must be private, privileged access to better (internal) APIs, profit sharing, rip the face of "retail" investor kind of deals.

After all the "exchanges" are not really exchanges as we know them in other markets. They're more like forex trading.

I think the crypto market would benefit from a (semi-)regulated impartial exchange where other firms can become members and act as brokers to direct retail flow.

But unless there's some sort of regulation about it it would just be a private business that could kick out any member for any reason. To much risk for the members.

GreaterFool··on Hate Speech on Patreon
I think this is just the straw that broke the camel's back. This sort of thing has been happening for a while. I recall a story where someone's account somewhere was closed because Visa or MasterCard (credit card company!) complained about what they said online.

Financial companies have too much power. They always had. But right now they started exercising it in a way that is very worrisome.

Banks can close your account for no reason.

PayPal can close your account for no reason.

Visa or MasterCard can stop doing business with you for no reason.

And what are you going to do then? There's a global "war on cash". Anything beyond few hundred $ is hard to get. Try to deposit it in a bank and they'll ask you million questions about where it's from and what are you going to use it for. Try to withdraw it and you'll raise some flags.

GreaterFool··on SpaceX Is Raising $500M at a $30.5B Valuation
> If I could invest in SpaceX, I would.

So true! I would love to invest in SpaceX

GreaterFool··on Bitcoin is close to becoming worthless?
I suppose one source of risk is that if enough miners exit then it becomes viable for a bad actor to purchase enough computing power to mount an attack.

IIRC 51% attack happened on one of the bitcoin forks.

GreaterFool··on Type 2 diabetes: NHS to offer 800-calorie diet treatment
From what I've read about starving yourself vs fasting and my own experience 800-calories sounds like HELL.

I can fast for 2 weeks no problem (although that's kinda long and I wouldn't do it if I didn't have enough body fat to sustain it. If you're skinny and don't have fat to spare better not stretch it unnecessarily).

I'm eating keto and I usually only eat once a day.

Fasting feels good. Starving yourself feel horrible.

GreaterFool··on H-1B visa shift may favor tech companies
Universities are not the same and a bad American university is probably no better than a bad foreign university.

Most countries with sensible work visas have a point system. Make candidates self-asses and file the application, bucket them into tiers and if you still really want to roll the dice then assign spots to particular tiers.

Japan is a great example. They have a wide range of visas. From unskilled worker visas without possibility of obtaining residency (I think there will be a new one with the possibility, but can be wrong), to a couple of different skilled worker visas to the "high-end" highly skilled foreign professional (HSFP).

For HSFP you get points for years of experience in the field, age, salary, etc so you can bring a whole range of people.

And they keep innovating in the space. They asses what they need and tweak the program accordingly.

GreaterFool··on In Lion Air Crash, Black Box Data Reveals Pilots’ Struggle to Regain Control
I won't be flying 737-MAX. Hell no.
GreaterFool··on Ditching the MacBook Pro for a MacBook Air
MacBook Air looks dope. The killer feature? No touchbar
GreaterFool··on Leapfrogging the IDE
How is repl.it different from a bunch of other web IDEs that came and went without leaving a mark?
GreaterFool··on In Japan, the Kit Kat Isn’t Just a Chocolate
It is just chocolate. Personally, Strawberry Pocky > KitKat.
GreaterFool··on Six women computer scientists respond to why women don’t pursue computer science
At my last gig I was paid ~30% less than the person I worked with on the project. They joined a bit earlier and negotiated a better deal, that's all.

All this talk about being promoted and receiving pay raises is funny to me. Never in my work history I was just 'promoted'. One climbs up by looking for new and better job. Same goes to pay.

Where is this magical land where men climb up by being men? I'd love to experience that!

Also, coding is not some magical job. For most people I know the line between work/free time barely exist. People that are good 1) code all day at work and then 2) go home and code some more at home. 1 and 2 may be unrelated but only on the surface. By coding at home they improve their skills and do better at work. But there's a price to pay. Other hobbies/interests have to be sacrificed. So is social life.

All articles of this kind make it sound like coding is some sort of magical job that's easy and well paid and has no downsides. My life experience is that finding a good programming job is incredibly hard and only very few people I know are happy with theirs. More often than not it's just daily grind.

GreaterFool··on Locals reportedly frustrated with Waymo's self-driving cars
(Good) Public transport is better than (shared) personal transport which is better than individual car ownership.

But from what I've observed about US culture, public transport is never going to happen :) So if you take that off the list, what's the alternative?

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