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the_local_host

562 karma · joined December 29, 2020

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the_local_host··on What Happens to Stocks and Cryptocurrencies When the Fed Stops Raining Money?
Who exactly?

If they were rich before cryptocurrencies, they shouldn't care (unless they unwisely bet the farm on it); and if they're rich because of cryptocurrencies, no one else should care, because if cryptocurrencies crash, they wouldn't be rich anymore.

the_local_host··on What Happens to Stocks and Cryptocurrencies When the Fed Stops Raining Money?
> Regulating cryptocurrencies now would be political suicide.

That seems like a stretch. Most people wouldn't care, and the institutions that own it haven't bet that heavily on it. It's a fear-of-missing-out trade for the most part.

the_local_host··on My service to check whether an item is counterfeit or not
Even after understanding that the service is about distinguishing fake from legitimate products, I still don't know what an "order note" is.
the_local_host··on The California Exception
That warning is posted at the entrance to essentially every building in California.
the_local_host··on LSD, cargo shorts and the fall of a tech CEO
If there were an adequate social safety net, specifically a universal basic income, then employees could be paid in equity if the employer wanted to conserve or did not possess cash.
the_local_host··on LSD, cargo shorts and the fall of a tech CEO
> In what ways could capital be made less necessary?

By reducing the cost of anything and everything that startups spend money on.

(And for the largest item in many budgets, namely employee costs... in the presence of an adequate social safety net, cash-strapped startups could pay employees in equity rather than cash, and they could stick around for as long as they thought it might be worth something in the end).

Somewhat separately, what struck me from the article is that Zhu's controversial moves generally didn't involve bad business decisions, but rather failing to impress investors at a moment when the company needed the money. It would be better if that need for money were reduced, and we could all see how this type of experimental style turns out.

the_local_host··on How to send $ETH in 19 lines of Python
Receive ETH, and turn it into dollars.

Tutorials should focus on getting money, not sending it out, if they want to get people's interest.

the_local_host··on LSD, cargo shorts and the fall of a tech CEO
I'm not suggesting that startups be given free capital; I'm suggesting that we find a way to make capital less necessary, i.e. lower the stakes.

At the extreme, if starting a company only requires pocket change, then nobody (society, investors, or anyone else) has much to lose in letting an unproven founder do their thing.

the_local_host··on Survival Capsule
Name checks out.
the_local_host··on LSD, cargo shorts and the fall of a tech CEO
I hope society figures out how to make startups in general less capital-dependent. If there weren't investors trying to protect themselves, we'd find out if running a company in Zhu's manner works or doesn't.
the_local_host··on HN: The Good Parts (2016)
I'm not the parent poster, but I hear where their coming from.

I'm not visually impaired, just in need of bifocals; I zoom HN to 150% and it works fine.

But I am kinda surprised when I turn the zoom off. Even 25 years ago that text would have looked small to me.

the_local_host··on Pandora says laboratory-made diamonds are forever
Not everyone is comfortable with the risk that the truth might eventually come out.

What some intrepid manufacturer should do is create custom diamonds that are actually more expensive than natural diamonds, with some subtle structure that cannot be found in nature. That solves the problem of immoral sourcing, and better suits the purpose of displaying wealth.

the_local_host··on Pandora says laboratory-made diamonds are forever
Equivalent is not as good when what matters is what other people think.

Even if the person displaying a luxury artifact agrees that some other artifact is equivalent, if the people they're displaying it to don't also agree, then there is a difference that's relevant to the purpose of the artifact, which is to advertise your wealth.

Though the topic at hand is diamonds, which are strongly associated with wedding proposals, this principle applies equally to sports cars, guitars, etc.

the_local_host··on Verizon Sells AOL and Yahoo to Apollo for $5B
What's "Trading View"?
the_local_host··on Rural purge
> There's not a lot of "cultural fluency" involved in matching squares

There are a lot of cultural factors involved in believing a seemingly pointless exercise like matching squares is worth doing. You have to believe that something good can come out of it in general; and you have to believe that something good can come out of it specifically for yourself.

the_local_host··on Verizon Sells AOL and Yahoo to Apollo for $5B
Yahoo Finance is so good that when I'm trying to find information about a company, I'll type the company's name into Google, do a bit of reading, then... go over to Yahoo Finance and manually type it in again to look at their stock performance.

It says something that someone as lazy as myself will actually hop out of Google's flow and perform a manual step to go Yahoo Finance.

the_local_host··on Designing a guitar with hot-swappable pickups
If you ever get the chance, try putting together a strat with one of those cheap paulownia bodies and compare it to.. well, anything else that is exactly the same except for the body material. To me, the difference is glaring; the paulownia is so treble-heavy it's intolerable.
the_local_host··on Fediverse.Party – Explore Federated Networks
In fact I just installed Ubuntu on a laptop this evening, and it worked really well. (I did make sure others had met with success with this specific model of laptop before I tried it though.) Things have come a long way since "linux on the desktop" first emerged as a meme.
the_local_host··on Over the next year or so, Google will try out new office designs
I suspect that would devolve into endless fights over cleanliness and storage of personal items.
the_local_host··on Fediverse.Party – Explore Federated Networks
Linux desktop/laptop is actually pretty usable nowadays - installing Ubuntu on a laptop is much less of an "adventure" than it used to be, with fewer incantations needed to get things working.
the_local_host··on The Pedal Movie
That difference is itself dependent on how the pick is grasped. Anything can happen.
the_local_host··on San Francisco’s tech fiefdom is dying
> When going out, you could easily meet people working for those

It's not just that, you actually can't avoid them. If you write software and are walking someplace in a commercial part of San Francisco, basically every conversation you overhear is one you could immediately join in on.

Breaking up the clump is probably healthy for everyone involved.

the_local_host··on Artist faked being a billionaire to photograph New York City’s best views
I hope NFTs and crypto are a worse, and more popular, place for plutocrats to park their cash.
the_local_host··on Apple Reports Second Quarter Results
It's not easy. Apple does have a consistent "spirit", but it's such a strange combination of idealism and ruthlessness that it's hard to know which aspect(s) anyone is invoking when they mention it. I don't know why that question is getting so many downvotes.
the_local_host··on Dominance of Apple and Google’s app stores impacting competition and consumers
> Free choice and the ability to make mistakes...

It sounds like the parent poster's relations have freely chosen to delegate their technology management to him or her, and in turn the poster is comfortable delegating that to Apple and their walled garden. If Apple is selling safety, security, and control, and people are buying it, what's the issue?

Potentially the issue is a lack of competition in the market when there are too few options; but it sounds like you're saying that no one should prefer a walled garden option at all.

the_local_host··on An open letter to Jason and David
A red flag indicating what?
the_local_host··on Apple store fake app stole man's life savings in Bitcoin
I'm always surprised to hear, as a supposed benefit, how easy Bitcoin makes it to move money. I don't want it to be fast, easy or cheap to move my life savings. I want inertia.
the_local_host··on Why UML “Really” Died
EDIT: Turns out it was not intentional, see below, now fixed on the post.

(original): Given how well-written the rest of the article is, I have to believe that's deliberate.

the_local_host··on Digital Needle: Ripping vinyl records with a scanner (2013)
For some reason this reminds me of the Feynman article on HN recently ( https://news.ycombinator.com/item?id=26931359 ) - the enjoyment in pursuing something just because you think it would be fun.
the_local_host··on Never Pay for Online Dating (2010)
The intent is not to fool anyone, but to provide a face-saving interpretation when socializing falls flat. You didn't stop in for a conversation that might or might not go well; you stopped in for a drink, and that worked.

Having some other activity involved (having a drink or otherwise) lowers the stakes when interacting with new people.

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