Viewing profile — redy

Inflation lowers inequality. Specifically, inflation is good for labor who often carry large debts in the form of mortgages and education loans and whose income is entirely depende…

No serious blockchain relies on proof-of-work. Bitcoin (being forked now) doesn't and ethereum (already forked twice) definitely doesn't. Blockchains are a social construct and wha…

Nxt is a proof-of-stake currency that has scaled well for the last four years. Peercoin is older than that. There's millions of dollars at stake here so if PoS is not acceptable wh…

Trading is the zero sum activity par excellence . But GP doesn't know what "zero sum" (and neither do a lot of commenters in this thread apparently). For every trade, there is a wi…

It's remarkable how libertarians can turn on a dime from insisting that the free market is the highest good to complaining about censorship by private actors. Does the irony really…

That's too bad. The various majority of comments on HN are negative but they are also deeply ignorant. It's easy to dismiss blockchain technology because it's hard to understand. I…

> People have so much more power than they had as little as decades ago in almost every single society and that seems to me hard to argue. What's remarkable is the historical ignor…

This is paranoid fantasy. Back over here in reality the citizens of the West enjoy unparalleled freedom, peace and prosperity unlike anything that has ever occurred before in the h…

It's sort of a silly question. It's like asking how telephones can solve a problem. The blockchain is a network not unlike the web, the telephone network, and the highway network. …

This is a common error. The blockchain itself doesn't make money. Just like the internet itself doesn't make money. People build collaboration models on top of the communication pr…

It's a public database. That's it. Anybody can write to the database and anybody can read from it. The problem is that whenever you have a public anything there will be spam. Peopl…

So much fear, uncertainty, doubt. This thread of full of people who clearly know little boldly asserting that it's impossible. It's unclear? You realize proof-of-stake coins like N…

It's because there is no meaningful parallel. Conversations are not economic transactions. Period. You can try to stretch analogies ("walking is illegal because of traffic lights!1…

You should check out jpro ( https://www.jpro.io/ ). Their demos are more impressive than CheerpJ.

Historically, "genocide" was extremely rare and it was definitely not driven by a lack of "squeamishness." It was then, as it is now, a political calculation. Further, anybody who …

Mutiny is likely. American officers in particular will tend not to follow orders to commit an obvious war crime. This isn't an extralegal check , it's very much legal. But the syst…

The article is interesting because it gets a lot right but then it fails to clearly state the problem. It's not clear that this group groks it. It's funny because I just wrote this…

> The article is not mentioning that QE flooded the capital markets with money globally. I don't know why Americans keep going on about QE. It makes absolutely zero sense. Do peopl…

My experience is rather different. I've done some benchmarks. A basic Java app written with performance in mind (read: control gc and use high-performance libs like Chronicle[1]) w…

I'm old fashioned so I make a distinction between programming and software engineering. If you want to become a great programmer: read. Read anything and everything you can get you…

This actually does look great. There's real value here. In a world being overrun with services what's desperately needed is an orchestration language. Such a language is severely f…

There is no easy answer here. Where and when validation happens requires some careful analysis. I find it helps a lot to think carefully about (1) message validation -- is this a v…

Clean architecture is just repackaged DDD. I sympathize with what Bob is trying to do though -- for some reason this stuff often doesn't "click" with many developers until they see…

See my comment below. The language of the business will almost always guide the design in the right direction. There are rare cases where the business is unaware of a more "essenti…

Registration is definitely not a property of the student. It's always a good idea in these situations to appeal to real life. The actual business will point the way of the business…