1,592 karma · joined May 21, 2014
Techie & armchair economist
[1] https://mattstoller.substack.com/p/big-bottle-the-baby-formu...
That’s actually a good point and Bitcoin/crypto solves this. Why doesn’t it stop there though, what does web3 solve?
Also NATO is not some kind of puppet Germany can use however it sees fit. It’s a group, where each member has its own interests and views and one day they might diverge from Germany’s.
While all the things you mentioned are very much needed, so is the power that ensures their security.
Legal text is not prose, it does have structure and metadata attached to it.
Won’t this become politicized eventually and we’ll end up with a Central Bank-like structure? Imagine some elected dev going on CNBC to tell us they need to mint more coins.
What happens if the devs go crazy and decide to eg. Ban transactions smaller than $1M worth of coins in code.
Someone made the point the other day that miners might not fancy this PoS change because they’re heavily invested in equipment.
Kids, and many people for that matter, cannot just stay in lockdown for months like domestic cats without triggering mental health issues.
How can one get a mortgage in Holland without being a resident/having income declared there? The bank will not loan a foreign resident in those circumstances. Did he pay taxes in all those countries?
I too stopped using multiple screens some time ago because it felt like being overwhelmed with information and experiencing fatigue, while not being more productive.
Turns out every once in a while the gov picks up the tab and performs the reparations, while giving the residents an option to pay for the expenses during the next eg. 10 years or when selling their property. Some do refuse of course but mostly it works because the added value is quite high since it happens in hot areas where price/sqm is above avg. There are also estate investors buying bulk property in these old blocks knowing they will benefit from it, pushing retirees aside.
There are still plenty of troublesome condo blocks laying around without anybody touching them, but this might be a decent approach.
I'm still wondering how no impactful hacking occured to this day at major exchanges or even the major blockchains. By now it's probably a top-level target worldwide.
Whether this is good or bad on the long run is debate-able, but it would shake things up globally.
Eurozone and US Central Bank policies are more-or-less "Cash is Trash" so markets react by throwing their savings at literally any asset that can, at least in theory, preserve value, including real estate.
I think in many parts of western Europe average earners can’t even afford a 1bd apt.
There is a lot of slack in the corporate economy which became more transparent under wfh.