rudderz

7 ms·

1.
by rudderz 5y ago
Buying drugs sex and hitmen online wasn't cool enough for you? You sound like a dork
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by rudderz 5y ago
Take crypto out of the equation, what are the implications of the fed issuing a programmable currency? Many financial services would become obsolete. What do I need a stock broker for? What do I need a bank for? You have Wall St and other s
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by rudderz 5y ago
> Simulations and videos are not adequate substitutes for real lab work. citations needed
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by rudderz 5y ago
I don't get why students need to be apply to be accepted. Why can't everyone go to MIT? Is there a scarcity on chalk boards, shitty chairs and cinder blocks?
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by rudderz 5y ago
HN has hated crypto for a decade now and it's only recently been about energy consumption. It was and will be about monetary policy and the role of government in issuing currency. Kaynes vs Hayek kind of thing. Which in a way is about
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by rudderz 6y ago
I predict eventually a chain that doesn't require PoW will gain popularity. Also, the chain won't have to be a store of value. Instead the value will be real assets represented as "tokens". The asset can be anything. Sto
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by rudderz 6y ago
"I believe that banking institutions are more dangerous to our liberties than standing armies," Jefferson wrote. "If the American people ever allow private banks to control the issue of their currency, first by inflation, the
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by rudderz 6y ago
> These are the sort of real-world constraints that you can't just ignore. These constraints were drafted by a handful of rich white bankers in a secret meeting. I have no problem ignoring their constraints. It seems you do. Can you
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by rudderz 6y ago
What's the intrinsic value of USD? It's a garbage pre-mined token that's continually debased at the behest of a cabal of rich bankers so they can purchase real assets and consolidate the world's wealth. The petrodollar i
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by rudderz 6y ago
> the institutions are artifacts of their incentives Perhaps there's value in sidestepping the institutions entirely. The bitcoin playbook if you will. Cutting out layers of management seems to be a popular idea. Nevada recently pas
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by rudderz 6y ago
> which is essentially a planned economy where the over-educated manage the under-educated Why do you feel this way? Couldn't there be a democratic mechanism to asset allocation? A democratically master-planned community wouldn&#x27