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tmornini_ey

HN member
Joined
Fri, Sep 11, 2009, 9:12 PM UTC
HN karma
123
Public activity
69 items

About tmornini_ey

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Recent public activity

  1. comment
    Comment #17847433

    > it is always deflationary Except for the fact that it is currently, and always has been, inflationary. You need to learn more about economics. Inflation/Deflation is a separate p…

  2. comment
    Comment #11050620

    > converting to a different currency, sending money, and converting it back No need if you earn and spend it. > You also get the volatility of bitcoin Absolutely true in the short …

  3. comment
    Comment #10794653

    Millions of people collectively losing hundreds of millions of dollars a year is less than $1/month individually.

  4. comment
    Comment #9626890

    Are you suggesting that nobody should class themselves as a developer, and/or that as self-identified developers, who I can agree are just people with a range of skills (and I neve…

  5. comment
    Comment #9626831

    Thanks, happy you were not referring to our document! :-) Sales (Incomes) are clearly equity, with Expenses being contra-equity. Not sure how anyone could come to any other conclus…

  6. comment
    Comment #9621839

    We left all three open for commenting, which we've now disabled.

  7. comment
    Comment #9621745

    If you're suggesting accounting should be associated with deceit, you've got the cart pulling the horse!

  8. comment
    Comment #9621734

    I assume this is a joke, but if not, let's discuss.

  9. comment
    Comment #9621730

    Subledger would love to help you build that!

  10. comment
    Comment #9621726

    Thank you, could not have answered this better myself! Also, it's by-developer, for-developer, so there's a developer's perspective as well. :-)

  11. comment
    Comment #9621709

    Thanks for your input! We never intend to be competitive with the product layers you've described. We've deliberately built Subledger to enable other developers to build focused cu…

  12. comment
    Comment #9621688

    Thanks for your feedback. We felt it was for developers are we're developers and this is the way we've come to describe and understand it having built Subledger. Your point is exce…

  13. comment
    Comment #9621671

    Exactly correct, very nicely said!

  14. comment
    Comment #9621664

    So sorry we couldn't get you across the finish line -- you seem to be right in our target audience. :-( > To me, accounting is a data model gone wrong. Redundancy, race conditions,…

  15. comment
    Comment #9621636

    Yes, in the article we describe this as from/to. :-)

  16. comment
    Comment #9621623

    Is "that article" our primer of the Martin Kleppmann piece?

  17. comment
    Comment #9621612

    Event based accounting is what Subledger is all about. No need to summarize monthly what can be detailed continuously!

  18. comment
  19. comment
    Comment #9621586

    NICE! Thanks for those quotes!

  20. comment
    Comment #9621572

    +\- doesn't represent it better, it represents it identically...in modern terms.

  21. comment
    Comment #9621557

    balanced 2D vectors across the balance sheet, with one or many inputs and one or many outputs is an ideal visualization of a journal entry.

  22. comment
    Comment #9621548

    I agree 100%. Cannot imagine a more valuable high school class than basic accounting. I guess you'd agree with us that building any software that handles money should, by definitio…

  23. comment
    Comment #9621538

    We believe our test suite to be a complete test of the core accounting that we implement. Would be beautiful to have a provably correct implementation, perhaps v4!

  24. comment
    Comment #9621529

    Good point. Do you know or believe it to be higher than most other classes?

  25. comment
    Comment #9621524

    Well said!