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dadoge

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What Bitcoin and Crypto Are For

mazmhussain.substack.com
2 points·by dadoge·4 anni fa·0 comments

comments

dadoge
·3 anni fa·discuss
Python is also a more transferable skill than Fortran.

I bet that plays some role too in its popularity in the scientific community, which has many young anxious grad students/postdocs looking to ensure they are employable.
dadoge
·3 anni fa·discuss
Yep. Hi Beats are real solid.

GS movements really are massively better than others in the 5-10k price range
dadoge
·3 anni fa·discuss
Very cool, didn’t know that
dadoge
·3 anni fa·discuss
I hear ya, it does all makes sense tho

Quartz jumping seconds was a novelty back in the day. No one now views it that way, being interested in it was a fad.

Spring Drive now is not a fad, but IMO a sustained niche for enthusiasts. It’s been around a while and has stood the test of time (pun intended!)

The F. P. Journe is high end mechanical art/creativity. Beauty is in the eye of the beholder.
dadoge
·3 anni fa·discuss
I have a clock that is smooth. Bigger batteries help with that, compared to a small wristwatch battery.

A quartz wristwatch with a smooth seconds hand? How long does the battery last?
dadoge
·3 anni fa·discuss
One of the more fascinating aspects of these is how smooth the second hand movement is.

Second hands on Quartz jump once / second. This is to lengthen the battery life.

On mechanical watches, they are smoother than Quartz since the escapement releases power multiple times / sec. But still ever so slightly jumpy since power is still released in discrete increments.

Spring Drive is outta this world smooth…it can do this since battery life is not an issue since it’s mechanically generated power that can be rewound…for practical purposes, it is releasing power continuously, see for yourself here: https://m.youtube.com/watch?v=jcHA5rBQxQc
dadoge
·3 anni fa·discuss
Breaking: more crowded places have more crime / sq. mileage

Lol…SF has a crime problem, but this one data point is misleading.

Crime /capita is far more relevant…and I imagine SF is still not great in that regard, but this article is pretty “meh”
dadoge
·3 anni fa·discuss
The year is 2023, and people are writing articles like this as if it is anything new?
dadoge
·3 anni fa·discuss
Right, cuz 300 people tech companies are known for their job stability….

/s
dadoge
·3 anni fa·discuss
Paper cash was an innovation to solve the issue that gold is hard to lug around. And very much an analogy of a L2 network

It is arguably easier to counterfeit than gold (there is fools gold too…)

The base layer is very secure. L2s will be faster, but have a trade off of being less secure.

Note: the L2 Lightning Network is different than L2s for ETH like POLY, POLY has its own market cap (garbage idea IMO). Lightning is just a tool to make BTC more efficient
dadoge
·3 anni fa·discuss
14 years is a lot different than 3 years.

That a whole decade more for people to learn about it, and especially since the main features has not changed. Yes, there are improvements to the protocol, but the main thing has changed little over the years
dadoge
·3 anni fa·discuss
How could ANYTHING stand the test of time and be worth 440 billion if it has no utility? Genuine question.
dadoge
·3 anni fa·discuss
Yes, the FTXs and people who use them will suffer, sadly

More regulation is needed

The same happened before FDIC insured banks, fake banks that would “hold your paper cash safely”
dadoge
·3 anni fa·discuss
How could something be worth 440 billion in market cap after a major correction not be valuable?

This is after having a 14 year history of people learning about it, not some scam coin like LUNA that went from zero to 40 billion and to zero in less than 1 year
dadoge
·3 anni fa·discuss
Bitcoin “crashed” to a market cap of 440 billion USD.

It is valued more than the vast majority of publicly traded companies.

From that measure alone, why should anyone think “it’s dead”?

Bitcoin ain’t tulips, ain’t the pets.com, etc, to think something that is 14 years old and valued at 440 billion is going to die anytime soon seems…so wrong

Especially when in the past 2 weeks, BlackRock (biggest asset manager) is continuing to dabble more in bitcoin https://financefeeds.com/blackrock-makes-bitcoin-eligible-in...
dadoge
·3 anni fa·discuss
This was such a mass fail lol

I remember thinking Open AI was doomed the day that launched, since that was a clear signal to me that he had zero sense of product market fit.

Well, I was wrong. Good for him, seriously.
dadoge
·4 anni fa·discuss
Ok looked the guy up: https://www.stevenbuccini.com/about/

- Studied at Berkeley

- worked at Apple and Uber

And I’m supposed to feel bad for you not wanting to spend a few weeks grinding at leetcode?

This reeks of someone who is very well off, and not an “Everyman” engineer.
dadoge
·4 anni fa·discuss
Contrary opinion:

If feels very very very wrong to compare a search during April 2020 and now.

Why? The year after April 2020 was a booming job market for SWEs. Hiring managers were competing for talent, 2021 was a boom year of low interest rates, euphoria in private and public markets.

This blog post _should not_ be considered a response to the WSJ article.

And sorry, grinding away at leetcode should only take about 2 months tops if you don’t have to worry having to balance leetcode and your job, and not a tall ask for a 250k+ job in tech. if you don’t need that high a salary, smaller companies generally are more lax about leetcode
dadoge
·4 anni fa·discuss
I don’t think this is that contrarian of a view.

I, for one, assumed that at least half of HN would agree with you. HN has a skew of people that are pro DDG, but not so much that this is all that contrarian of a view
dadoge
·4 anni fa·discuss
Bernie Madoff is also a newsworthy individual