scottiebarnes

Ethereum is doing about 1m+ transactions per day. Don't know what for, but its been fairly consistent.

https://ycharts.com/indicators/ethereum_transactions_per_day

Scaled content generation.

You could have executed the same strategy before, but coming up with several thousands coherent articles would have cost much more time and money.

We had that, then we realized that companies who understand all the pieces lead to better user experiences, which is why we all have MacBooks and iPhones.

You're forgetting the case where the US dollar gets hyperinflated or highly inflated due to something like a debt crisis. Speaking of which...$33 trillion.

You don't think unions negotiate work terms such as wages, working hours, conditions, etc.?

What are some of the reasons you think a labor union would form in the first place?

Have you ever heard of mandatory break requirements in certain industries? Think those ideas came from business owners?

"The National Labor Union was founded on August 20, 1866, in Baltimore, Maryland. It was the first attempt to create a national labor group in the United States and one of their first actions was the first national call for Congress to mandate an 8-hour work day."

https://guides.loc.gov/this-month-in-business-history/august...

Yeah actually a union can help with all of those things.

That's why police are unionized, as well as most team sport elite athletes (players unions). And they like the power it gives them, which is why you never hear them talk badly about it.

humans are natural, therefore all human creations and processes are natural?

so my plastic bottles are naturally grown?

Do you have reference to a nation state in history that warred their way out of a debt spiral?

I never mentioned anything about avoiding taxation or legality.

But if you're wondering about examples at that scale, nation states, central banks, etc. routinely handle that kind of volume.

The main benefits of blockchain are: decentralized, permissionless, censorship resistant.

Money and finance are the strongest applications where these properties benefit most.

Writing and reading transactions on blockchains is a clunky UX, but worth learning if you want to secure/transmit a billion dollars through cyberspace with no intermediaries or authority saying you can't.

Experimentation and high rates of failure is the nature of software on new platforms. So many websites, apps, games, etc. created for computers will utterly fail, but the ones that succeed end up defining generations (Minecraft, Excel, Google)

- He said "basically" the same.

- Inflation and money supply are tightly correlated.

- "Inflation is caused when the money supply in an economy grows at faster rate than the economy’s ability to produce goods and services." - St. Louis Fed

https://www.stlouisfed.org/en/education/feducation-video-ser...

The theories come from concerned critics mostly. As far as I know there has been no discussion as to how the government might influence the functionality of a CBDC.

Guess that's how the world works then; do something until the government sues you, go to court and set precedent. Seems a bit inefficient. Or maybe its the most efficient path after all.

Yeah those U.S District Judges are known for using their rulings as pumps; she's clearly only looking for exit liquidity.

I guess the judiciary system will eventually rule on what is legal / not legal via a legal contest, but courts are not actively informing and guiding American companies on what the rules are.

Seems like there should be an agency that does? Furthermore, the SEC does seem to fulfill some of this role, ie. registering securities.

> It's not the job of the SEC to guide companies/people on what constitutes securities

Which government agency fulfills that role?

I don't know much about bonds but my thought is that investors expecting rates to go up will withhold from purchasing currently issued bonds as future bond rates will yield better.

Going to be hard to convince people of this.

In an efficient system, maybe we can blame monetary policy. But we don't have an efficient system; most of us live under mono/ologipolistic supermarket "regimes". They don't compete, they collude. And they're taking advantage of price volatility to gain profits.

Stocks are down because speculators understand that the fed has two mandates: unemployment and price stability (inflation).

With a strong jobs report coming out, this gives the fed leeway to more aggressively attack inflation (via rate hikes).

When rates go up, capital typically flows into bonds and away from stocks, etc.

> Armchair finance experts

Just wondering what you think a "real world" finance expert looks like.

Venture capitalist? Fund manager? Nobel prize winner in economics?

Money is made up, a human social construct. A room of of the best experts can't tell you with any accuracy what will happen next, unless they're the central bank.

Increase timeline to account for scaled adoption and project volatility for those variables.

Testosterone replacement therapy seems to be the rage these days.

Anecdotally a friend has mentioned it helps them feel young again; can workout like they used to, etc.

Unfortunately I'm not sure there's much of an alternative here. If you want to capture more value you could have gone and done your own startup, but of course you would have needed access to data/code for your machine learning to learn off of, which may not have been possible outside of GitHub.

Can anyone think of some other pathway, other than trying to negotiate for more compensation, after proof of concept is delivered?

The same SEC that reviewed Coinbase's prospectus and business model and decided that they could become a legal publicly traded company in the US?

If the alternative is fiat currencies printing themselves out of existence, then yes, people will happily transact in hard money with high fees. See Turkey, where you basically take on debt to buy anything (including commodity items like iPhones) that you can sell later, simply because the currency is spiraling out of control and you need your networth divested out of it.

Climate change from carbon emissions increases probability of wildfires.

Shrug. What's the purpose of a smug attitude? You did none of the work, you have nothing at stake. Just sitting in the stands, talking about how you would have thrown the ball better.

Yea, probably because he knew how he would be treated if he did.

Do you honestly think the NSA would have replied, "Dang, you're right, these mass spying programs are immoral and illegal! We'll launch an inquiry into ourselves immediately.".

Even if it were true, one should see it as an attempt to distract from the leaked documents themselves.