1,453 karma · joined April 15, 2009
I was however questioning whether this sentence from the article was really accurate: "The function of the capital markets is to allocate capital".
I'd argue that trading existing shares, although it contributes to price discovery and liquidity, is not "capital allocation" (unless we're talking with respect to the buyer's capital like another commenter pointed out).
I never fully grasped this idea. I have no problem understanding that venture capitalists, angel investors or investors that buy shares at IPO do allocate capital. However, why is trading existing shares considered "allocating capital"?
Can anyone explain this like I'm 5?
Can you name some of those programs? I keep hearing about those but can't find them.
> When you see him and his followers advocating misogyny, racism, xenophobia, homophobia, aggressiveness, and basically all the other -isms and -obias, it becomes much harder to "see the other side" of the debate
The exact same argument could be convincingly used to discriminate against members of the two largest organized religions. Are you also going to ask potential hires who they voted for at the last election too?
This is a good point and it baffles me to be honest. I said "great" manipulator because it seems to be working so far. Great manipulators don't necessarily need to be great with everyone all the time. Or maybe she intentionally wants us to think she's a poor manipulator so that we trust her more? But that surely fails Occam's razor.
To answer other comments, I didn't get this impression solely by watching her on TV, it is corroborated by her history as a politician and recently leaked emails.
Yeah, they should provide a search engine or something.
First, you really shouldn't use forever or pm2 in production. May I suggest you use something like Dokku[0] or Deis[1] (if you are planning to scale to more than one server) to deploy your apps?
Dokku is really quick to setup and will save you a lot of time and trouble in the long term. Setup takes only 5 minutes and the learning curve is pretty low (maybe 30-60 minutes to be productive).
NewRelic[2] and DataDog[3] are popular for monitoring though they're not open source. Nagios[4] is open source and also popular.
[0] https://github.com/dokku/dokku
[1] http://deis.io
What? I don't think I've ever read a positive comment about ads on HN. Also, I'm apparently in the only one on HN who would rather see ads than pay for stuff.
One could run a modified Electrum server that sends a long chain at low difficulty and double spend Electrum users.
Electrum does validate block headers but it doesn't handle re-orgs correctly. It just assumes the longest chain has the most PoW in it which is wrong and makes it vulnerable to attacks by malicious Electrum servers.
Block headers do not contain the cumulative work that has gone into the chain (only the difficulty of the current block). A chain's total work must be calculated and stored locally by clients.
https://github.com/spesmilo/electrum/blob/master/lib/blockch...