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PokedBear

996 karma · joined November 22, 2020

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PokedBear··on How to convert between wealth and income tax
The step up basis makes sense in a world where you still have to pay substantial inheritance taxes. But with minimal to no inheritance taxes, the step up is a giveaway.
PokedBear··on How to convert between wealth and income tax
The bigger difference between an income tax and a wealth tax isn't the numbers. A wealth tax, for better or worse requires some realization of paper gains that very wealthy folks normally go to great lengths to avoid because their wealth is largely based on a broadly shared polite fiction. So imposing some realization of that wealth requires accountability that doesn't always pan out.
PokedBear··on The FCC wants your ID before you get a phone number
Business PBX folks really like being able to forward calls off to a cell phone while preserving the original caller's caller ID. And making that work requires allowing arbitrary spoofing. There is some work being done to append the stir/shaken signature from the original caller in a different sip header so the call can still be traced, but ultimately caller id is just too limited of a data framework to relay all the info.
PokedBear··on ICE says officers can forcibly enter homes without a judicial warrant
The problem with people invoking and using the castle doctrine is that while they might be right to engage in self-defense in that situation, they also would very likely be dead at the end of the encounter.
PokedBear··on Google will allow only apps from verified developers to be installed on Android
It will be interesting to see how they handle packages from the various f-droid repos. F-droid builds and signs all their apps themselves, so will all of f-droid be covered by a single signing key and developer account? Or will the fact that they take apps from lots of folks bar them from an account?
PokedBear··on De-anonymization attacks against the privacy coin XMR
It doesn't need a lot of speculative value in order to be useful. It just needs enough value to make the transactions meaningful. And that means people are a lot less likely to drive up the price via speculation.
PokedBear··on Lenovo has removed the TrackPoint nub from new ThinkPad laptops
Relevant XKCD - https://xkcd.com/243/
PokedBear··on Sam Bankman-Fried sentenced to 25 years in prison
If someone isn't a violent threat to society, there isn't much social benefit to keeping folks locked up longer then 20-ish years. 20-25 (assuming he gets the 15% off for good behavior the feds allow) is plenty.
PokedBear··on Shouldn't distant objects appear magnified?
This is kind of mind blowing to me. The linked xkcd is a fantastic (if exaggerated?) illustration of this effect.

Objects in mirror may be further then they appear.

PokedBear··on Close to 190 banks could face Silicon Valley Bank's fate, according to new study
"Risk" has mutliple dimensions. But by over-optimizing on one kind of risk they completely dropped the ball on other risks. They also whiffed on the kinds of risks that come from building a business based on the flywheel effects of a social network. Works great when times are good, but disastrous when tbe same effect works against you.