Very few places use electricity for heat. It’s super inefficient unless you use a heat pump, and residential heat pumps typically don’t work too far below freezing.
264 karma · joined December 9, 2022
The actual stat they provide is:
> And over a full 20-year period ending last December, fewer than 10 percent of active U.S. stock funds managed to beat their benchmarks.
Still, if it was 1 in 300 I think they would say “fewer than 1% or fewer than 0.5%”. So I’m assume between 9 and 10 percent beat the S&P.
I suggest reading the linked article with the mindset that nearly all of the content comes from S&P directly. It’s basically a market piece. For instance, when they say the mutual funds don’t perform consistently, they use a crazy metric of picking the top 25% performers from one year and seeing how many are in the top 25% next year. Basically their point is that mutual funds won’t beat the S&P every single year, and therefore the S&P is better. But if course, unless you’re only investing for a single year, you should care more about the expected total return. Just my two cents.
> Nvidia primarily makes add on GPU's, if I understand their business correctly. Apple integrated a GPU onto its m2 (or whichever chip is used in their studio) that performs comparably to the 3060, and even beat the the 3090 in some benchmarks/workloads. I think that's pretty impressive.
The form-factor of the 3090 isn't relevant.
Coffeezilla says that Tether doesn't need to honor your redemption by point to the TOS. The TOS that he shows in the video says that Tether reserves the right to delay the redemption and pay it in-kind securities held by Tether. So if Tether is holding a bond, they reserve the right to give you that bond instead of selling the bond and giving you the proceeds. That's very different than his claim that Tether doesn't need to honor the redemption.
His discussion about whether or not it was transparent that Bitfinex and Tether were owned by the same people. He plays sound clips that sound a little misleading: Phil Potter is prompted with "Tether is Bitfinex, right?" To which Phil Potter responds: "No, it's not." Is that really misleading. If someone asked Elon Musk, Twitter is SpaceX, right? Wouldn't the answer be no, even though they're owned by the same people? All the sound clips are less than 10 seconds longs, so it's really hard to understand everything in context.
The leadership team of Tether does seem a little sketch.
The part about Tether lending Bitfinex money to stay solvent while Bitfinex's money was held by the state pending investigation of their bank was sketchy, but technically the currency would still be backed by the loan, assuming Bitfinex can get their money back, which seems likely given that they weren't a party in the investigation holding up the money.
I think the bottom line is that you have to trust the Tether team to handle the money wisely. Usually, you can't trust people to do that so using Tether is extremely risky. As for the video, I won't say it's wrong, but it certainly picked the least charitable interpretation of events and also cherry-picked sound-bites, which is kind of a misleading tactic to use that helps suit a narrative.
> The New York Attorney General’s probe into Tether’s reserves concluded in February 2021 with an $18.5 million settlement.
I don’t hold any tether, and I wouldn’t recommend it to others. But the common opinion that Tether is insolvent might be wrong. Tether, as a stable business, is a money printing machine. I’m not sure it’d be worth risking the business and jail time to pump shitcoins.
Cured meats contain nitrates or nitrites, both of which have been associated with an increased risk of cancer.
0: https://health.clevelandclinic.org/is-smoked-meat-bad-for-yo...
But what I really love about drinking is socializing over drinks. No, I don't mean the physical effects of the alcohol. What I like about socializing over a drink or three is that you're almost entirely focused on your conversation partners. People aren't focused on a board game, activity, or food. A group out drinking has made a commitment to one another that they're going to socialize in raw form. I like that.
This is a real issue with Linux. If you want the latest hardware, expect basic features like suspend resume not to work.
> Data for January showed that exports of scrap plastic from the United States edged upward, to 48 million tons from 45 million tons the previous January. Exports to poorer nations were virtually unchanged from a year ago, totaling 25 million tons.
If these larger export numbers are correct, then the estimates in the article you provided should be multiplied by a factor of 10 at least.
[0]: https://www.nytimes.com/2021/03/12/climate/plastics-waste-ex...
China’s change in recycling policy was caused by, among other reasons, a documentary on the workers who sift through the countless volumes of plastic waste. It’s quite sad: https://m.youtube.com/watch?v=6qZwo6U5YFY
Almost all plastic recyclables in the US is shipped to Asia and Africa. It’s simply not profitable to process here.
From the article:
> Recently, however, China has made efforts to curb waste.
> For years the country had imported millions of tons of recyclable waste from overseas, but a growing recycling burden at home prompted the government to shift its policy.