181 karma · joined January 26, 2016
Basically on very quick trades machines outperform humans. For long term investment a prediction market (stock market index) outperforms humans and machines.
Can't find source now.
100% agree with you. Seems like a bunch of people are neglecting this factor or misunderstanding what they are buying into.
Blockchain is not 'distributed trust'. In practice, blockchain centralizes trust. You trust your bitcoin wallet to correctly send money to the addresses that you supply, and correctly generate receiving addresses.
There is only one thing to audit/trust now - the bitcoin protocol and its implementation - instead of studying how modern banking and legal systems work. You trust one thing instead of trusting dozens of middlemen. While this sounds like a non-issue to those who live in "first world" countries like USA and only transact internally, it is a big deal for international transactions and some of the less developed economies.
This makes the job of "design a movie that would appeal to X demographic" much easier
Russia shows that political will and/or technical incompetence can easily overlook these things.
As a Russian, I do appreciate the fear that the "russki" brand instills in your soul, but I think you are rightly being downvoted for jumping to conclusions simply based on nationality.
Same with redis. Is it the best DB ever? Probably not. But it is definitely used quite a bit in the industry and a lot of people get acquainted with nosql databases and k/v stores through redis.
Engineering accomplishments without proper marketing, education and adoption are quite useless, for better or for worse