skysight-inc/HackerNews huggingface dataset:
A currency with no mechanism for monetary policy is not going to be adopted. Bitcoin is purely deflationary for more reasons than just people losing their keys.

For example, a fixed reward split between a growing group of miners will also cause a rising price floor. The miners will not sell for less than their electricity costs, which makes the smaller piece of the block reward they receive have a higher price.

So you have this asset you call a currency but it is always deflationary. No one will set prices in that. Think of it in terms of setting a salary. One month you are paying the equivalent of 1000 dollars, the next you are paying 2000. Since this has no way of stabilizing it will never become a true base currency.

Instead, at best, it serves as a pass through to a fiat currency. So it is acting as a payment processor but very inefficiently. Slow transaction speeds, expensive, difficult to acquire.

The price is driven by speculative demand. It honestly is more like a digital collectible than a currency (sign up to receive one of 21 million e coins, be part of history).
I remember the game was hard, I used to know some cheat codes
Also not a nuclear engineer, but "mini-nuclear" anything doesn't conjure up anything good for me either. Hopefully, unlike in the tech world, the nuclear world thinks about and implements safety first rather than as an after thought.
How Google is entering the crypto space is https://blog.usejournal.com/google-entering-the-blockchain-s... very telling. Bitcoin is not going away. Get over it.
> in every aspect except convenience

And yet convenience is the only aspect 99.9999% of consumers care about because they never have and never will experience any of the other problems you mention.
The problem is not having one single ID linked to everything, which most countries do. The problem is pretending that ID is a secret, which it is not. It's stupid to treat SSNs as passwords.
Isn’t this issue inherent in its design? If you can only have 21 million Bitcoins, the value will skyrocket until the currency is worthless.
So true! I’ll be the first to tell you the _vast_ majority of those ideas were objectively terrible but every single one of them taught me _something_.
>Bitcoin is orders of magnitude better money than anything else in every aspect except convenience, but it’s getting there.

Firstly, if you think money exists for any reason other than convenience, you fundamentally misunderstand why money exists. Its whole purpose is convenience, to make trade easier.

Secondly, the points above are more than just convenience. You have no recourse in cases of fraud or crime when it comes to bitcoin. It costs more to use. And it can be used in much fewer businesses. Those aren't just conveniences; those are fundamental issues of interest to consumers.
One of your points is of dubious validity: fees may not be higher.

Fees went very high when the network became congested; but when it’s not congested, they’re much lower than credit card systems are for normal businesses.

https://bitcoinfees.earn.com/ suggests that right now, what equates to about nine US cents is sufficient for a basic transaction. And if you’re happy to wait an hour, then two cents ought to do you fine.

I’m not sure whether this is a typical rate; I haven’t been keeping an eye on it, and https://core.jochen-hoenicke.de/queue/#30d is hard to read casually. But by the looks of it, a very substantial fraction of transactions have been going through at what will be under ten cents if they’re simple transactions.

Your standard sorts of base rates for accepting credit card transactions are 30¢ + 1.75–2.9%, depending on certain conditions like country and card type.
All Aboard the World’s First Floating Dairy Farm
I've never seen it in German stores. Pity.

We've got two big fruit regions, the region around Hamburg, and the region around Lake Constance. I remember fondly how as a child my family was taking a holiday in the Lake Constance region and we tasted all those apples I hadn't heard of before (well, I think I never really registered apple sorts besides "sweet red" and "sour green". Names like Berlepsch.
Or just different skin tones, hair colors and textures, facial features such as skin around the eyes, body shapes, etc. If alien biologists were trying to discover a bunch of new species (as human biologists do), they would be classifying humans as a bunch of different species.
Settlements are the result, not the cause. The problem most people face with the criminal justice system is how expensive it is to have competent representation. Not a dig at people who work as public defenders, they're just way overworked and without enough resources to do the job well.
If we’re talking about the affiliate sites, it’s because they collectively grossed a total of maybe 50 cents.

Wasn’t worth the time to try to sell them.
History of Lisp (1979) [pdf]
Agreeing with you but they're already incentivized to chase low hanging fruit.
Bitcoin != despite the wearisome and over-blown emotional 'bitcoin is bad see i told you so!' mentality on HN.
Yes. But don't forget credit cards offer others services, such as charge refund and fraud protection
That's a modern recreation based (in part) on reversing the original rather than a contemporary commercial port - a much crazier story than 'C64 port' might make it sound. Readers should also stick around for the post-credits scene where the original Apple ][ source is found well after the project is completed!
I suppose it depends how much you need 10k, and how much you believe in the business.
John McCain applauds Tim Cook for automatic app updates in iOS 7 (2013)
Anatomy of a Scraping-Platform and Why You Shouldn't Roll Your Own
Completely agree! Me posting that spreadsheet was certainly not a recommendation for anyone to emulate me.

There are definitely businesses in there that I regret moving on from too soon but you live and learn. ¯\_(ツ)_/¯
I would gladly take $10k and move on to my next project over building, marketing, sales, etc., with no promise of a return. He obviously enjoys the inception/building phase and that time he got to build and then cash out with very little investment. If I was very confident that my idea would take off, I'd reject early offers and go for it. However, for many of us, everything after the building phase is like pulling teeth. For others, its great. But I definitely relate to that decision.
Flat organizations aren't really flat. Instead of written org chart you have an unwritten org chart and it might be harder to replace a bad informal manager than a bad formal manager. See: https://www.jofreeman.com/joreen/tyranny.htm
Original article discussed here: https://news.ycombinator.com/item?id=17707187
> Once you sleep with her, marry her. Sorry for being conservative here.

That's horrible advice for relationships...and makes the assumption that women will only sleep with a guy as trade for a wedding band.

I've heard rumors that women will actually sleep with someone they have no interest in having a long term relationship with for pure entertainment value -- think I was watching Nova or something, dunno?
Meet an ivory trafficker's 'worst nightmare'
Tuition in your country has not expanded because of cheap loans.

People need jobs and you have a job shortage.

College is seen to be the best/only option for a middle class life - which is driving people to college.

College is not free in America. So people need to pay, but job pay is concentrated in certain fields, and any hitch in the process means that payment schedule gets extended.

To a certain extent, the problem is of course having loans.

But that would just make the main problem obvious - life is expensive and there’s now fewer ways to make a middle class life.

This is like the Indian job market- You are either a STEM / law/ CA / or bust.
I am only quibbling on the statement about fees, not the rest.
By no means am I a bitcoin-enthusiast, but I've shared this story before:

> We had to send a payment to someone who lives in a commonwealth country - what a pain in the ass that was. For the first time I actually saw a use for bitcoin, but the volatility and my general desire not to run afoul of any weird money laundering laws got the better of me.

I do think there's a legitimate case for bitcoin as a means of getting around FX and just the general inaneness of international banking.

That being said, I'm sure that there are plenty of reasons why that'll never come to fruition (e.g. as I noted, AML rules).
Part naivety on how markets/competition worked at the time and part “I have a $10k tax bill that I need to pay” (which is a whole other story in itself).
Currency that is guaranteed to be deflationary sure has its problems. But taking ideology and using it for every day stuff aside, why wouldn't you want to own some?
> For example, a fixed reward split between a growing group of miners will also cause a rising price floor. The miners will not sell for less than their electricity costs, which makes the smaller piece of the block reward they receive have a higher price.

No that's not how markets work.

Miners will sell at the best prive they can get. If they cannot cover their costs, they'll stop mining and the difficulty will drop until mining is profitable again.

The resulting mining rate may be too low though to secure the network, bug that's a different topic.
> Prosecutors need to be given percentages of the judgments they win for the U.S. government against corporations.

This would be horrible, in my view.

A legal system with selective outrage, fueled by monetary (or other power/political) incentives -- is a sure way to a broken and unfair justice system (which, in turn, would have disastrous consequences).

To make a common person equivalent, in legal power, to a corporation -- (so that a common consumer can fight effectively against a potential injustice),

what simply needs to be done -- is legislating a common contract law framework, so that a corporation cannot choose to a specific/tailored contract terms/escape clauses when providing service/product to a consumer.

(same for environmental accountability).

So that when I buy products (computers, health services, cars, etc) -- The agreement and liabilities I accept, are the same regardless of the business I created the contract with.

This way, reliance on mega bucks lawyers to 'favorably interpret' and to confuse jury -- will be eliminated.
It's more than 21 millions since bitcoins can be divided.
And no, it could serve as a digital gold / long term investment, and others crypto currencies could be used for day to day transaction
Flippa for all except TheAppleBlog.
Twitter CEO Jack Dorsey Will Testify Before House Energy and Commerce Committee
Actual value is only what someone else is willing to pay.
Please see my other comment below with a few starter links and search terms. There are many people who have lost a lot of money from their bank accounts (including pension money) because Aadhaar provided a new way to defraud people.

UIDAI also says Aadhaar is not compromised. The point is that nobody would try hacking the UIDAI database directly when there are far easier and cheaper ways to get to the data through other means because it’s linked with almost everything (depending on the state one lives in).

Also please read up on Rachna Khaira’s exposé (in Tribune) on how cheap and easy it was to get access to people’s information from the UIDAI database. That could also be called “hacking”, but the UIDAI won’t admit to that.

All this can be blamed on “bad actors” to avoid taking responsibility, but it’s clear that the system and its usage never went through a proper design and test implementation. But all along, there was (and continues to be) a lot of coercion to get people to register for it and link it everywhere.

FWIW, this topic makes me very frustrated.
> The miners will not sell for less than their electricity costs, which makes the smaller piece of the block reward they receive have a higher price.

That's not how it works. If you spent $100 in electricity and you have an asset that's worth $50, you can either sell it for $50 and only be down $50 on your electricity, or you can not sell it at all and be down $100 on your electricity.

Electricity cost of mining does not set a price floor. The price floor is 0.
IIRC the paddle's circuit was a simple resistor/capacitor combo that was tied to the beam scanning timing of the TV. It felt physical because it kind of was.
Just pulled an all-nighter deciding what to use instead of Elm. We have a 45kloc codebase in Elm and, despite having some big pros, the closed source development it goes through, along with the 0.19 debacle, just pushed us over the edge. The team is very motivated to ditch elm over something else.

So, Bucklescript seems great (and it's wonderful how OvermindDL1 explains in the open his design decisions. An openness that I've missed in Elm), and IMO superior than Typescript, and comparable with Fable (in that case being mostly a matter of personal taste: F# vs ocaml).

But, as long as we are trying new stuff, I've decided to use Clojurescript with Reagent and re-frame. The tooling around it seems very mature (even more so than Elm, but I may be wrong), with a good community and macros!

For anyone in a similar position, several good options out there, but the best two that I've found, in my opinion, are Bucklescript (ReasonML/Ocaml) and Clojurescript. Cheers!
Every single developed country is the world has something like Aadhaar. The outrage is ridiculous. Don't let perfect be the enemy of good.
Score Voting is what it's advocates call it nowadays.
What would it take to build a tower as high as outer space?
Yeah, plenty of people on HN love to repeat that. Check out how Tesla has been doing with their most recent Model 3 production target, which was announced at the end of 2017:

https://www.bloomberg.com/graphics/2018-tesla-tracker/

Here we are, 8 months later, how would you say they are doing?
Exactly: own some. Not spend some, hence the problem with using it as a currency.
In a IT proje<t, the b1ame fa11s on the deve1oper who is then en<ouraged to work extra hours for free to make up for their own fai1ure.
You can already see some of that attitude change on here when it comes to H1B visas and offshoring.
This title is misleading. As pointed out, the article describes the companies plans to reach 1 million pounds grown.
The title of the spreadsheet is “Josh Pigford's Absurd List of Products, Apps, Websites & Businesses”...they definitely weren’t all full on “businesses” and the large majority of them were terrible ideas. I definitely don’t recommend most people go the route I did. :)
Reminds me of this Stack Overflow question "Compiling an application for use in highly radioactive environments" where the top answer is from someone who worked on mini satellites: https://stackoverflow.com/q/36827659
When you can engineer sophisticated scripts or wrappers around a globally accessible immutable tradable asset it increases functionality and innovation in financial products which includes autonomous machines trading crypto with one another in exchange for data. I think we're in for a world of fun.
I'd suggest giving a look to the Wikipedia articles on https://en.wikipedia.org/wiki/Narodnaya_Volya and https://en.wikipedia.org/wiki/History_of_terrorism.

Chesterton wrote The Man who was Thursday (1908) spoofing the policial mindset about anarchist plots that was pervasive at the turn of the century. If you search for "XIX century novels about terrorism" you'll find more material.
Hadley Wickham, Andrew Gelman, and maybe Pete Warden are who data scientists look up to, but I think Nate Silver is the first data scientist to be a household name (admittedly, NYT-reading upper middle class households, but still).
Thanks for the link (I will read it shortly), but I was specifically referring to folks who go around spreading the "OMG, climate change - we're all doomed!" mantra, which is borderline psychotic thinking. But it's basically one ("Repent ye, for the end is nigh!") which has historically been quite effective, as thousands of years of fear-based religious-type dogma will attest.

Frankly, at this point I'm not sure what I'm more puzzled by: that so many people seem to be falling for this stuff, or that more people aren't calling it out for what it is.

PS: Oops! Turns out that I already read this long ago (I thought it sounded kind of familiar), but I may read it again just for laughs. Even though the story has a "JUL 20, 2018" date on it, it's actually several years old now. Places like Esquire must be getting kind of desperate if they're recycling old stories like this one.

"This story was published in the August 2015 issue of Esquire."
Crypto space doesn't necessarily mean Bitcoin, could be another better technology that eventually becomes mainstream.
I work at a company where at least on the technical side, this is not true. ICs and managers are on similar pay scales. And manager jobs are certainly less stable than IC positions. Additionally, "failure" as a manager often means returning to an IC role.
It's becoming clear that people who say what you just said sound more like the loons parroting Sovereign Citizen manifestos than rational individuals who actually understand international monetary policies. Instead of screaming about flags with yellow fringes, and "Am I being detained?", you will be screaming about how POW works and "Is BTC illegal?!".

Whether you want to believe it or not, enough people are not having their money "stolen", "without their knowledge" in the real world that anything you said after that would make sense to them. In fact, you gloss over how the one thing everyone fears in crypto is - having their money taken away without their knowledge!

I mean hot storage, cold storage, private keys, public keys... your online trading company being hacked... Do you honestly think that anything in crypto is safer or 10X better or easier than a regular bank that everyone in America or the modern western world, has access to?
Nearly all Germans do have one (yes, I know, having a passport is sufficient... but, anecdata, never met anyone with only a passport), and iirc the Elektronischer Aufenthaltstitel required for non-German residents of Germany has the same functions.

It's a perfect model of "the tech would be there but government is incompetent/corrupt and so it is not freely available for the benefit of citizens".
We all know that, but the ones doing the blocking based on name might not.
Your claim is blatantly false. Exhibit A: The United States of America.
Exhibit B: United Kingdom

And so on.

Please do not get confused with social security numbers (or equivalents) as universal or national identifiers. They are not, although their use in such a manner has caused issues (as pointed out in my comments here).
Why being first is overrated
Their work can be perfectly scientific. My problem with it is is the redundancy — imagine someone claiming to be a "food chef."
For almost all uses of Aadhar, 2 factor authentication is required with a one-time-password sent to your phone. It is already far better than SSN which has caused millions people's identity to be stolen and they have lost a lot of money because of it. Aadhar is new and people need to be educated on how to keep it secure but the system is better than a lot of other countries already.
Apply this logic to granting unlimited work visas (like H1Bs and green cards) for non-Americans and see how many of the same people with the same argument immediately change their tack.
No, I understand what you're saying. I am saying category theorists will not have any special affinity for Haskell or vice versa. I also don't agree that Haskell is built on top of category theory. That's why I mentioned the example of idempotence.

The idea that Haskell has much to do with mathematical category theory is a meme that arises from the cargo cult of functional abstraction. It's an example of terminology overloading. There is this pattern of taking terminology from abstract algebra and category theory and using it to describe design patterns in functional programming or certain paradigms of engineering. "Monad" is one you see in Haskell which ostensibly makes it related to category theory. Another example is the idea of an "isomorphism" in web development, which doesn't mean the same thing as it does in algebra.

There's no problem with using terminology borrowed from mathematics for design patterns in engineering (and vice versa), but it should be transparent about the fact that it doesn't confer any special relation to the underlying mathematics. A category theorist and a Haskell programmer have different conceptions of what a "monad" is, and any functional design pattern modeled after an idea in category theory is going to be covered in the introduction or first chapter to a textbook. The language has more to do with lambda calculus than it does anything in actual category theory.
Smart Cars Know Where You Drove Last Monday. Here’s a Battle Plan
Just click the "Web" link on HN which brings you to the search results...
> We had to send a payment to someone who lives in a commonwealth country

I use it for that purpose all the time. In general, People in developed countries don't have a clue about how painful and time consuming an international payment can be. Even with credit cards banks put very low limits that are unrealistic for someone who travel often and consume cloud services like AWS or Google Cloud.

That is why I think the Bitcoin narrative is misleading, the main point was to make P2P transfer, not holding. In this context stable coins like DAI are currently one of the killer use cases.
But speechnow then effectively did, and that was basically just applying the framework of citizens united.
Average person pays fees twice. One buying the currency, and a second time at sale. On top of that exchanges have even more fees so, consumers are paying more than just one block chain fee.
That's really interesting, here's the link to the full book:

https://www.amazon.com/Making-Prince-Persia-Jordan-Mechner-e...

I bought it immediately upon finishing the PDF, and my Kindle's battery is dead..
SSN is a superkey. Just because the USG doesn't permit one to use SSN as a key in your system (see HIPAA) doesn't mean it doesn't act like one for the purposes of exploitation or data aggregation.
Does prince.exe /megahits ring a bell? Prince of Persia was the very first PC game I ever played. Fun days of booting my 486 with a dos floppy disk and running the game off of a different set of floppy disks.
Convenience is a matter of development effort. Things like control over ownership, transparency, censorship and oppression resistance are not, they must be the fundamentals the system is built on.

That Bitcoin is used for shady stuff and is harder to track is a red herring for all 10 years of its existence. Come back when Bitcoin’s usage for said stuff is within order of magnitude of USD’s market share.
https://www.orangepippin.com/apples?
I remember the Arther Anderson case finishing up in 2002 because of the way some people I was working with that summer reacted.
If you’re not going to have kids, there will simply be fewer people next generation who will share your concerns about the environment.

If you absolutely want to minimize your environmental impact to the extent that you think reproducing is pointless, isn’t the logical end result to immediately commit suicide as well?