telxos

7 ms·

1.
by telxos 5y ago
This is hardly something new. Hard asset type investors were saying this in 2007/08 with the oil spike. Gold bugs were saying this in the mid 80s. Of course this is a misunderstanding of what is being measured but if inflation is in th
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by telxos 5y ago
This is the same exact thing that has been happening the past 40 years with this company and Windows. Windows 10 was my fav version because that was the straw that broke the camels back for me and I would never even consider installing Wind
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by telxos 5y ago
3. Tether 7. USD Coin 10. Binance USD Crypto seems rather reliant on USD. The crypto narratives are always so flimsy.
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by telxos 5y ago
You would think we barter and haggle for unproductive hours for the goods and services we need. 90% of what I buy at a store I walk in, grab what I need, go to self check out and swipe my credit card. Our society has such a strange obsessio
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by telxos 5y ago
You always have to be on guard to not fall into single variable thinking. "They did it because of X, not Y!" It is always at least x, y and z. I would think this is a smart move to not fall into this trap we have and kills two bir
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by telxos 5y ago
It was a change in sports betting. You really couldn't gamble on sports legally outside of the major casino sport books previously. Keep in mind that black market sports betting is/was a multi billion dollar industry in the US so
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by telxos 5y ago
Great point. Even to take it down a notch, what has happened in the US is just boring. You almost can't have a conversation without one of 5 of the same companies coming up.
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by telxos 5y ago
I forgot you even have to install drivers. I have a USB network adapter with a penguin on it. That was the key that solved all my problems. Everything just worked after that. If you don't play games I just can't imagine using Wind
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by telxos 5y ago
Been back full time for 3 weeks by choice instead of being remote as people trickle in. I think when people start going back we will quickly see that most aspects of the office are actually worse. I am a hard worker but I am also social and
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by telxos 5y ago
Commodities have value in and of themselves though. Bitcoin is a security for an electronic trading game that takes inputs and gives back less than that input. Then on top of that there is this technological/economic quasi religion tha
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by telxos 5y ago
The difference is you buy a stock/security with the expectation of some future cash flow. The value of the stock is an attempt at pricing the future cash flow at a discount rate. BTC has no future cash flow and no expectation of future
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by telxos 5y ago
No doubt. We are so spoiled we just take all our advances as a given. On top of all this so many people are doing more interesting work. My father didn't just work 7 days a week, sometimes 16 hour days but he did that doing something s
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by telxos 5y ago
It is pretty meaningless. I have looked up before that the average person in 1914 worked 60-70 hours a week for a 2020 inflation adjusted wage of 5 dollars an hour. 60-70 hours a week in deplorable conditions. At that time you basically wor
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by telxos 5y ago
I mean you could see the black plague as what loosened a 1000 year grip on society the Church had. At this point, liberalism could be in the same position with COVID. I don't even see the evidence that liberalism is compatible with the
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by telxos 5y ago
Are you just that historically ignorant of how this goes? 3000 people also die a year from asprin. Everything in life is a trade off.
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by telxos 5y ago
Also using populism + race in a moral context to gain political power. We have seen this one before.
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by telxos 5y ago
I am an American that loves to read the Global Times sometimes because it often has brilliant pieces. Media like we use to have before the internet. Chinese leaders might even understand America better than we understand ourselves. I had ju
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by telxos 5y ago
It pains me we almost can't have a real discussion about this topic without it being hijacked almost immediately. I have thought deeply about this and I am not sure we can really have experimental evidence that isn't kind of meani
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by telxos 5y ago
IMO there should be 3 voting options I agree, I disagree, Noise/bullshit The problem to me is I want to read things I don't agree with but I don't want to read bullshit. I would especially love to read ideas with an even amou
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by telxos 5y ago
In America, we have just made it too difficult to build new houses. We have short circuited the market equilibrium. The real way to make money here would be in building new houses. It is somewhat odd to me how this point never comes up. At
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by telxos 5y ago
Piano is the best analogy to me. If you sit down at a piano for the first time, the idea of ever playing a Chopin prelude seems almost impossible. Of course it takes years of practice to gain competency, just like everything else in life. T
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by telxos 5y ago
Actual research shows the opposite effect on mental health from what you are saying. When you don't have Facebook your friends and family just txt or email. I mean Facebook book hasn't even been around that long. To pretend it is