Viewing profile — Hermel

The German language demands a more precise and sober style, whereas English tolerates more sloppy expressions. One common technique to work around that is to just use English terms…

Free speech is much more restricted in Europe than in de United States.

No, the fundamental issue with carbon credits is its economics. It would be much healthier to set a fixed price for carbon emissions. This price should be based on the externalitie…

More and more countries are implementing an "exit tax" when wealthy people try to give up their citizenship. Also, the US authorities make it increasingly hard to do so. I wouldn't…

There are various valid use cases for companies without business. Examples include: - International holding companies: if there is Coca Cola France and Coca Cola Germany that econo…

Technically, the state does not have the monopoly on money. The majority of the money supply is created by commercial banks through credit. But the commercial banks are so strictly…

> I disagree -- this is the correct thing to do if you believe it is not possible for the checked exception to occur. If it is not possible to occur, then it should not be part of …

Depends on your position and motivation. I myself am always reachable and read my emails day and night. I enjoy being involved with my company just as others enjoy checking their p…

So why do even the official website of the European commission and the European parliament have a cookie consent button? One would assume that they are not "capitalist services".

I think it is about curation.

No, it is very productive. From this principle, one can derive many important properties of an optimal legal system, most notably that laws should be technology-neutral. If a law n…

No, a good legal system cannot be outrun by technology. A good legal system provides sound foundations based on principles. Fraud is fraud, regardless of whether it is committed of…

A good legal system provides legal certainty. It has clean and concise laws that are straight-forward to apply. In case of uncertainty, the responsible authorities should provide g…

Yes, that's the explanation. It still does not make the US legal system look very good. There is a total lack of legal certainty. Even some members of the SEC find the way crypto i…

Exactly, so Page and Brin might think that they can pull the same trick again.

And this agency problem is partially caused by regulators and "good governance" rules who demand that the board is "independent" from the shareholders. But this makes them have les…

Like in chess, the moves that you could play matter as much as the moves that you do play. So even if I don't need cash, I still appreciate the possibility of using cash in case my…

If taken literally, this would mean that the founders could not even do their groceries any more, right?

Still banned in Germany: ads for lawyers, ads for doctors, ads for cigarettes, ads for gambling, and ads for drugs that need a prescription. When traveling to the US, it always str…

I would say both are over-regulated, but maybe not as overregulated as Europe. An interesting thing to note is that European countries tend to make rules to outlaw risky behavior i…

That's the key! The Play Store and the App Store do not even have a search filter for games without in-app purchases. I'm sure that is on purpose.

I have the opposite problem: there are more and more profiles on Facebook and Instagram that impersonate me in order to scam people. However, Facebook does not delete them even aft…

In most countries, medical images are not subject to copyright at all as they lack a creative dimensinon and artistic expression.

Not really. Even from a point of view of an experimenter with perfect information, the entropy of the system declines over time as fewer and fewer bits are needed to describe the s…