conanbatt

This is a site made by a VC, for news on VC startups, for VC startup news consumers.

Its mind-boggling that so many users come here to rant against capitalism, or advocate against startups, or have absolutely no relationship whatsoever with the space. It's not only crazy for me, its crazy for the makers of this site was well!

That would be even worse, as hackers are by definition rule breakers.

The real question is why HN is filled with people that have values completely orthogonal to the VC space, like people wanting to leverage the law to make other people do things.

Brokers like Robinhood would love to not have to rely on a third-party market-maker, because it can vertically integrate. Citadel had the years of its life during the bull run in great part to RH.

Market making can be neutral, it's not a big conflict of interest. What is a conflict of interest is placing bets in the market with what can be information of traders on the FTX platform - i.e. people buying solana and Alameda leveraging that direction on the information - or people leveraging on FTX and Alameda making liquidating plays.

Newspapers sell legitimacy and scammers can buy it. SBX is a pretty significant example of the eroding value and public perception of media

The h1b requirement is the abusive situation

Fiat is also a bunch of numbers in a computer. This is a very old argument against crypto, need to brush up.

I didn't know it was that much - do you have a source for it?

It would still be free for you. What's the conflict?

Well you want prices to go down because supply is going up. If the supply is the same and prices go down it doesnt mean it is more affordable - it is precisely because it is LESS affordable!

At the expense of everyone else, with the strict permission from the government. It is a wonder that software has escaped this trap so well.

Well, the author is a sentient AI bent on killing everything human and robot alike so it's pretty consistent.

If you don't like private prisons, wait until you hear about the public ones.

It's the exact opposite - this was done in the legal system, not in the defi one.

defaulting is worse than inflation. It means some people get 0 - whereas inflation spreads the pain.

Source: Argentina.

How do you measure performance

> Building a bootstrapped business (i.e. NOT taking venture capital) is a rare skill.

It is VC companies that are rare - the vast majority of businesses of any kind - and also internet businesses - are bootstrapped.

Ain't that true brother

Are you willing to pick up a gun to find out what a company is paying for a job? I'd sure like to see that!

Most good ideas don't require guns to enforce them.

I disagree - in economic terms the information asymmetry is hardest where there is less competition. You have companies paying 100k and 600k for same-roles in the industry.

But alas making it mandatory is not the way to go.

Immigration policy is national, so states can't do much about policy that affects us immigrants.

H1B income is capped by the inability to have secondary income sources and the inability for spouses to work.

*Florida

The amount of properties that change hands are very few also. A net influx of people changes any local economy.

What the OG poster misses is that their income is now a local income - so local incomes also rise.

This is so complex! Wouldn't just vercel next.js + prisma be simpler?

The people that bought a 10$ lotto ticket paid 6$ of taxes.

How is that not a robbery?

The slack channel has 11k users, and messages have less than 10 reactions.

An Inspection of the user list shows a very suspicious list of names, with some names being repeated 200 times.

It's how the NFT market works though. It's a different financing model - you might get it way cheaper but every time it passes hands it makes money for the owner.

The main issue with this is that what is unique about a record is not the book content, that can still be copied out.

If a blockchain future exists to replace IP it will be a different financing model for sure and it wont be this analogous to buying digital books like today .It will be more like super hardcore fans will pay thousands of dollars, and people that don't care much about it will get a free copy.

The IRS

Certainly faster to bike to many places than taking a plane there