skysight-inc/HackerNews huggingface dataset:
The correct response to erosion of value is investing as long as there are good investments to be found. This is the idea behind inflationary money (which is a broader concept than Keynesianism).

The important ideas of Keynes in a nutshell:

* Monetary velocity: wealth is a verb, not a noun. The wealth of nations is measured in their rate of transactions, not how much cash or idle assets they are hoarding.

* Idle vs. productive investment: if currency is deflationary people will store currency, a non-productive investment. If currency is inflationary people will invest it in productive activities.

I don't agree absolutely 100% with these, but I think Keynes was at least onto something especially with the first. The problem with the first is that velocity also includes transactions that don't actually do anything or that even "create" negative value. Gambling increases monetary velocity but doesn't accomplish anything and may actually destroy value. A real value-centric velocity statistic is impossible because value is a biological/humanistic concept and is non-computable. The main problem with the second is that if people are pessimistic about investments they will still hoard, but using things like real estate and gold. Another problem with the second point is that over-using this strategy to drive investment creates bubbles, as we have seen.

Finally I must point out that Keynes gets a ton of flak for stuff he did not advocate, like insane levels of public and private debt. Keynes would have been shocked and horrified at the levels of debt in our current system, and in fact his whole counter-cyclic government spending strategy was designed to prevent this.

Blame politicians and banks for the debt problem, not Keynes. Politicians invoke Keynes when they want to ratchet up spending during downturns but then they conveniently forget the other part-- namely that Keynes also advocated reducing government spending and repaying debt proportionally during times of abundance. Keynes basically argued that government could be used as ballast against economic oscillation.
I know, that's why I'm asking what does the commenter mean with inflation in their comment.
That removes my ability to read the site because it keeps moving so I keep losing my place.
(Bikeshedding is a very well-known, standard term though.)

But now that you mention it - what is n-gate.com? (I visited the site - I didn't get it.)

Could you informally summarize what that site is / about?
Making a Tire from Coke Bottles
Yes, but since commercial banks and investment banks were allowed to merge after 70 or so years, banks certainly have a lot more income than they used to.
As a user, you just simply never opt in to using Google Location Services, something that is not even possible on iOS.
I wonder to what extent modern electronics, particularly display technologies as mentioned in the article, are dependent by necessity on rare earth metals, and couldn't be replaced with other chemicals.

A change I can imagine in the future is towards organic chemicals such as in OLED displays. Although I'm aware that many of those used today are organometalics, and I have no idea what the actual metal resource impact is.
The Ocado robot swarms that pack your shopping
You mean the laws and regulations written by lobbyists paid by the bankers? Do you mean the regulators who leave their Federal jobs for multi-million dollar per year jobs at the banks they formerly regulated? Are those the ones you're talking about?

You seem to be implying that the regulations / laws and the banks are two separate entities. They're increasingly the same. Which means that yes, it is basically their goodwill we're dependent on, or more accurately how much they think they can get away with before there's literal blood in the streets.
> how stressed do you think Alan Turing felt

Cherry picking.
At that point in history, two wars fought over religion, the 30 Year's War and the French Wars of Religion were the first and third deadliest wars in European history (the Napoleonic Wars were second). They hardly could have avoided having their political thinking shaped by that.
I can't stand marketing faces. I don't need a pretty actor reading the copy, like the Socratica stuff.

I'd rather have the expert, with all their eccentricities, presenting their own stuff, like Walter Lewin or Leslie Lamport or any of the Numberphile stuff.
How am I supposed to live without a Super key?

No. Seriously, how is the keyboard mapping? Can the function keys emit F1-F12 or just their special functions? How is people running Linux on them working?

When I was in doubt about getting one, I got an Acer "Cloudbook" that came with Windows 8 and just installed Linux on the eMMS space just because it came with a full keyboard.
Notably, Stewart Brands turn to computers was heavily influenced by seeing people playing Spacewar! at Stanford in Fall 1962.

"What I saw was an interaction around computers that was as intense as anything I saw around drugs or anything else that I knew. People were absolutely out of their bodies playing. It seemed that computers were doing everything that drugs had promised. Drugs were much more self-limiting than computers: the hackers had found something better than drugs, but theirs was the same bohemian frame of reference."

http://www.theguardian.com/education/2001/aug/04/artsandhuma...

Ten years later, after editing the Whole Earth Catalog, he wrote "Spacewar – Fanatic Life and Symbolic Death Among the Computer Bums" (the famous Rolling Stone piece), which may have helped immensely in popularizing the idea of computer games.
> CDMA alone is a pretty huge development and has enabled lots of fantastic technology. Why shouldn't they be able to reap the rewards of their patent portfolio?

Because they agreed to license it for fair, reasonable and non-discriminatory terms. If they wouldn't have agreed to do that, it would never have become an industry standard.

And then they proceeded to break that agreement.
All first world governments?
I heard an interesting analysis of long term crypros, by Jeff Berwick IIRC, that BTC will become the holding coin and transactions will happen on alts. My intuition agrees, tho I hold no coins so am impartial. He is sharp generally and claims to nail predictions, have not verified, so I lean toward agreeing but would obv research before I buy into any strategy. Another video I saw examined the amount of BTC in terms of some unit of energy relative to current global usage. I don’t wish I bought some in 2010/11 but I’d sure be sitting pretty if I had less regard for the polar bears!
Your points are valid. IMO the key tradeoff b/w gold (analog) and bitcoin (digital) is extra resiliency vs usability.

If there were a systemic collapse breaking governments, knocking off power and telecom networks etc, gold would be immediately most valuable. But more quickly than fiat, bitcoin would be useful.

Power and telecom systems are more resilient to systemic collapse (& have more bouncebackability) than a functioning government and its currency. Some semblance of critical systems would come online whether put up by government, armies, warlords, cooperatives etc (See Somalia as an example). When those systems are online, bitcoin can be sent and received.

In short:
in terms of usability: Fiat > Bitcoin > Gold
in terms of resilience: Gold > Bitcoin > Fiat

Am I missing anything here?
Speak for yourself. I use bitcoin all the time for payments.

Peer to peer using coinbase(email) for free and instant to friends.

Shift card for free and instant at merchants.

Bitcoin is beyond blockchain, companies have built products to trade BTC instantly, free, using the infrastructure already existing. The transaction time 'problem' doesnt really exist if you are into crypto, you know how to use it.

And I dont trust USD like I trust BTC. Historically Fiat currencies are awful.
I think the one thing that begs repeating is how much YC is helpful in this process. It changes the fundraising dynamic for founders by allowing you to focus on product and growth and then creating an environment where investors come to you. It also provides you with an instant community of many founders who are happy to provide you with investor intros. Among other more significant benefits - YC is probably the best startup fundraising hack in the US (both for first time founders and repeat founders). I think this article is amazing advice but I really wish there would come a day when all early stage founders could just focus on making something their customers want and didn’t need advice on how to break into the startup investment scene. I think this barrier prevents many great founders from getting started and many important problems from being solved.
Probably meant deflation.
I doubt that this is a major factor. The extra delay (light speed vs. fibre speed) for signals across the Atlantic is at least 10ms each way, a few hundred nanoseconds for aggregation shouldn't make a difference there.
It is customised against each business model. Some are same, some are different.

The issue isn't universal API, but universal data models which is probably impossible.
This is why I won't advocate RH and similar vendors. The tech stack churn is too high. If it's not a widely adopted open source platform it's just going to eventually become bought out or die a lonely death with me having to migrate clusters to something else, or hang on to unsupported legacy systems for 10 years. Rather support a Frankenstein's monster of my own design.
Do you think Google bought it only to kill it (the modular phone startup)?
I smoked for around 15 years (from college through my mid 30s) and the only thing that got me to quit was the development of more functional nicotine vaporizers. The old cigarette-looking ones didn't do the trick but I've got a little battery thing that's about the size of two lighters stuck together and a small tank that sits on top.

The only real hurdle was getting used to the change in how you use it versus smoking. With smoking, you have a cig, get a massive dose of nicotine, and then it tapers off in your bloodstream over the course of the next hour, leading to that craving for another dose. It's a stimulant so I'd feel a bit cranky and foggy until I had another smoke.

With vaporizers it's more like a hookah where I just sort of puff on it throughout the day, getting a lower yet more steady dose. It took a bit of getting used to but it was entirely more effective than any other nicotine replacement I'd tried. More importantly, it was still enjoyable which is something the gums and patches and sprays miss.

Since then, I've lowered the amount of nicotine to barely anything (maybe 2-3mg/ml) and read up on how to mix up the liquid so I'm not spending a fortune and I know exactly what goes into that mist I'm occasionally inhaling.

I hear so many comedians and read articles where people make fun of "vaping" as super lame and uncool, but I never gave a shit about that to begin with. I just accepted that much like my morning coffee, I like the bit of mental stimulation provided by a bit of nicotine and am thankful that I don't need to inhale tars and carbon monoxide and particulates and all the nasty products of combustion in order to get it. The idea that this is a "cool" thing the way some insist that smoking is just makes me shake my head.

RE: the disposable cartridges, I could never really get into that either. I don't like the waste or the cost and always gravitated to the things I could just fill up myself and maybe swap out the wick every week. I'll always spend that 5 minutes a week to avoid buying and tossing packs of plastic bits every couple of days.
A lot of research has shown permanent changes in neural activation patterns in long-time, committed meditators.
A poor village in africa has starvation. They do not produce enough food to feed themeslves properly. So they are given an aid of 10,000 U$S. So they turn to their own farmers and say "Behold the currency, we were dry of it before and we were dry of food because of it. Now take the money and transform it into abundance and plenty!"

The farmers put the bills in the ground, right next to the seeds, but it does not make the farm more plentiful. The villagers learnt the hard lesson: that plenty does not follow money.
Recruit has been on a spending spree. As what happened with SimplyHired and Workopolis, I'm guessing the data in GlassDoor will be integrated into Indeed's own platform and then GlassDoor will become another frontend for https://www.indeed.com/companies
People have been investing in stocks, but entrepreneurship is declining. [1] What I think this person is getting at is that the increased economic activity doesn’t seem to be correlated with opportunity for social mobility, regardless of whether the value is stored in securities or currency.

[1] https://fivethirtyeight.com/features/the-slow-death-of-ameri...
> The number 1,679 was chosen because it is a semiprime (the product of two prime numbers), to be arranged rectangularly as 73 rows by 23 columns.

Why not pick the square of a prime number, so that it can't be arranged to wrong way?
Mostly drug traffickers and other people involved in illegal businesses. Hey, maybe Bitcoin isn't that different from other currencies after all.
If you want to understand just how difficult managing cryptographic material is for the technically illiterate, look no further than Xapo.

It's not "Bitcoin" that Xapo stores, but private keys. In underground bunkers. This no doubt gives some people a warm fuzzy.

But Bitcoin's history is littered with the wreckage of companies that took it on themselves to store private keys on behalf of others.

I don't know when Xapo will fail, but if history is any guide it's just a matter of time. The weakest link in their system is the people involved.

Consider this tortured statement:

If Xapo’s deep cold storage vaults were hacked, Xapo would cover the loss from its own reserve but the hack could be bigger than the reserve which would cause a net loss to our customers.

https://blog.xapo.com/what-would-happen-if-xapo-got-hacked/

In other words, a Xapo depositor would eat the loss in the event of a successful attack on the cold storage system.

The funny thing about all of this is that private key management isn't difficult when you know how. Given the vast sums of money being stored, you might think that certain big fish would want to take the time to do it right.
This kind of debate by selective vocabulary is frustrating.

If a poor or middle class person sits on the cash he has, he's "saving". If a wealthy person sits on the cash he has, he's "hoarding".

Regardless of the topic at hand, let's be consistent enough in our terms to think and discuss the issues fairly and clearly without all the pejorative terms. If we have to resort to name-calling, we might not have a very good point.
There’s the opportunity for retainer for the possibility of additional work. (If they need you, you have taken that money in order to have availability for them.)
Same in Berlin.
RHEL is an LTS distro. Red Hat also develops Fedora as a bleeding edge distro, and there is plenty of innovation going on there.

https://getfedora.org/
Here are the top 5 features of Android P from Google I/O
In other words, a Xapo depositor would eat the loss in the event of a successful attack on the cold storage system.

The same is true of Coinbase. Somehow they've been fine.
Yeah, it was supposed to be - https://developer.apple.com/documentation/networkextension/n...

Around iOS 9, Apple deprecated some of the Captive Portal APIs, then re-instated them, a lot of changes that went back and forth, but my conclusion is that today, years later, way too many apps seem to read my SSID. Doesn't really matter how they do it, but I wish there was a prompt for it and no way for an app to directly fetch it.
AI Redefines Performance Requirements at the Edge
That does help, thank you. (Not that I'm entirely agreeing with it, but it's helpful in understanding where it comes from :)
I've also been using GalliumOS, for 2 years as well, as my only OS. (On an Acer 15[0]) It has been pretty fantastic, aside from a few small issues. (Sometimes I have to boot into ChromeOS and reinstall GRUB, 32gb storage for 2 operating systems and all my files isn't a ton, 4gb RAM gets in the way.)

The battery lasts a long time, the screen is very nice, and it is quite lightweight.

For general programming, web browsing, word processing, etc it does everything I need it to. I don't feel the need to "upgrade" to a real laptop, except for the hardware concerns and that I can't dual boot into Windows or MacOS to run non-Linux apps.

I can highly recommend GalliumOS.

[0] https://www.amazon.com/Acer-Chromebook-CB5-571-C09S-15-6-Inc...
But often you will end up with a critical service, like for example the service responsible for the order database. Breakage in this one will impact the system as a whole.
Haha, that I really can't disagree with.
Top 1%? They have more wealth than ever and keep accumulating more and more while the differences in wealth between everybody else end the top class keep widening.

Look at Warren Buffer, one of the best investors in the world and he has hundred billion dollars just sitting around as he sees no good investment opportunities.

Apple & other companies are hoarding money as well, much faster than they can spend it or invest. Instead they are buying back there shares because what else to do with all that cash.
Microsoft is a notable exception.
> there are only a given number of total bitcoins in existence, which many (myself included) would argue makes it a poor currency.

I have always question who says this. What makes you think deflation would be bad?

My conspiracy is that governments require inflation to print themselves out of bad policy. Without government abilities to do this, the government performs poorly. Common citizens do not lose 2-4% of their income in inflation.
It was so good I thought I'd make an exception and do both

Most downvotes I've ever gotten on any comment, iirc.

Thank you for the explanation, tho. It's sure be nicer here if people would do that instead of just drive-by downvoting someone for being a bit over-enthusiastic
The most annoying part of progress bars is the fact that programs so often use multiple bars. What's the point of watching a bar slowly reach 100%, only for it to be replaced with another progress bar that starts from 0 again?
Just for reference, the Hala’ib triangle is in the South-East corner of Egypt, not the South-West.
Search the source code for "UMA". There is also a master list of metrics in one of the XML files.
Now you are confusing what the platform allows you to do (which has decreased to help battery life) with what the open source platform has implemented for you (which has increased drastically). Every single statement in your post is an example of that. For example, push services, which were never open source, can still be implemented by third parties as a system app. This has always been the case.

> I seriously suggest you actually go and try to build apps for non-Google Play devices at least a single fricken time, or try to build ROMs, before you comment.

I've built apps for the Amazon App Store and built AOSP from source multiple times. That's not the issue here. The issue is that you were confusing the fact that more of the things on Pixel devices are not open source (true, but Pixel doesn't claim to be an AOSP device) with fewer things being available in open source (which is false) and are now confusing fewer things being allowed to third party apps (true) with fewer things being available in open source (still false).
Here's a good read on that subject:
http://econfaculty.gmu.edu/bcaplan/spain.htm
Yes I make less than $920 a week, and I'm in the midwest US. Comparing this to Eastern Europe is ridiculous. ~60% of Americans make less than that. It seems like people in the ultra-expensive big cities have a really skewed idea of what the rest of the country is like.
Not really. "Mi aerodeslizador está lleno de anguilas" is correct and the standard one. We can say "El mío está lleno de anguilas" when the noun (anguila) is implicit by context.
At this point, it would stick it to the man more to abandon bitcoin than to continue pursuing its naive ideals.
Savings accounts were replaced by checking accounts after the great depression. They still called them savings accounts, but people had no idea that 'savings' meant people did not have instant + reliable access to it.

So now we have 0.01% interest 'savings' accounts! They are just as liquid as our checking accounts.
For a future update we will be optionally caching optimizations to forgo the optimizations/warmup period. You can then move those cached optimizations from test to production to reduce uncertainty. Coming soon. Many advantages there over PGO which is very difficult to use.
Every major OS maker misread Intel's docs. Now their kernels can be hacked
I agree it's not an effective currency. But I disagree that it's an investment. I think the correct technical term is speculation.

Investment is where you find something producing value in the real world and then buy and hold a piece of that. You're expecting a long stream of returns from the value being produced. Speculation is where you are making a bet on price movements in a way where economic productivity is irrelevant.

When people buy and sell commodities and currencies, they're speculating. They don't care about utility. There's no economic value being created, so one's investment doesn't grow during the time you hold, say, gold. Instead, it's a zero-sum activity: considering all participants together, wins and losses are equal. (Well, technically, losses are larger than wins, because there are always overhead costs.)

Bitcoin is easy to mistake for an investment, because it's meant to be deflationary. (It was even easier to mistake for one during the period where it only went up.) But I don't think holding Bitcoin means you own a slice of an economically productive asset. I think it's just a bet that the commodity price will go up, in the same way you bet if you buy gold or euros.

[1] Warren Buffett has talked about this distinction a lot, over the years. E..g: http://www.businessinsider.com/warren-buffett-investors-vers...
> And then they proceeded to break that agreement.

What makes you think that agreement was broken? The licensing terms haven't changed. Qualcomm's licensees (Foxconn et al) have been paying these royalties with the current terms since before Apple asked Foxconn to make the first iphone.

What has changed is that device manufacturers' prices are now very high. In order to respond to licensees' concerns, Qualcomm introduced a cap on the royalty.
5 Steps to Due Diligence on Your Potential Investors
Sometimes the simple, old, and reliable tool isn't the best one for your environment.
Think You’ve Got Your Credit Freezes Covered? Think Again
Ask HN: Should laws be crafted on GitHub?
I was writing a blog post about the GDPR today, and it occurred to me that the big problem with the GDPR is BUGS, and if it had been crafted in an open-source manner where people could submit issues and pull-requests, maybe it would have been better! Is this a realistic way to write laws? Is github the future of democracy?

PS: Calm down Linus, it's just an idea ;)
If I didn't know any better, I'd say the new Microsoft is embracing and extending the Linux stack...
> Historically Fiat currencies are awful

Fiat has ushered in an absolutely amazing period of global growth that has made us unbelievably wealthy. But there is inflation, so why not go with the thing that has no history?
The people who sell the short term bonds / mmfs? Is it a sign of a fraud when you can’t tell if comments are trolling or not?