This reads like a spoiled brat who just realized something is going on in the world, but is wholly unable to understand the real world repercussions of his “genius” suggestions.
Pieces of Shit
21–30 of 84 posts
Re: Pieces of Shit
#22And i thought separation of church and goverment has mostly been archived. At least in Switzerland.
I would advocate separating capitalism from goverment. But thats equally unrealistic as church/gov separation was 200 years ago.
Re: Pieces of Shit
#23>1% tax on the full amount of every trade. Fuck off worthless HFT mega brain drain. Fuck off short termism in markets.
I think a much better solution would be to mandate "slower" exchanges, i.e. exchanges would accumulate orders in a hidden queue and resolve them for example every 1 second, after that it would publicly publish all orders submitted to the last tick. For most market participants this change will be virtually unnoticeable, but it would eradicate HFT and all microseconds shavings associated with it.
Re: Pieces of Shit
#24And i thought separation of church and goverment has mostly been archived. At least in Switzerland. I would advocate separating capitalism from goverment. But thats equally unrealistic as church/gov separation was 200 years ago.
What does it even mean to separate capitalism from government?
Re: Pieces of Shit
#25From the blog:
"Three policy proposals:
A 500% tax on advertising. It’s a zero sum game with no benefit to society. If you are paying for eyeballs, you pay a 500% tax. Force companies with these trash addictive business models to find a way to work for the average person, not pimp them out.
1% tax on the full amount of every trade. Fuck off worthless HFT mega brain drain. Fuck off short termism in markets.
Separation of church and state. And that includes Harvard, Yale, and all the others. No funding, no loans, no Title IX BS. Separate!"
Re: Pieces of Shit
#26>1% tax on the full amount of every trade. Fuck off worthless HFT mega brain drain. Fuck off short termism in markets. I think a much better solution would be to mandate "slower" exchanges, i.e. exchanges would accumulate orders in a hidden queue and resolve them for example every 1 second, after that it would publicly publish all orders submitted to the last tick. For most market participants this change will be vir…
Why not? You pay taxes on every deal you make in the real world. And since you buy a part of a company that should be tax-worthy too.
Tick-based exchange would probably just increase the problem (better prediction for ~HFT..or better call them HF-prediction then), but hey i really don't know, both solutions are better then none, i guess.
Re: Pieces of Shit
#27WTF? That guy is literarry a capitalist himself with a company full of shitty gatekeeping tactics ("solve a programming challenge before you even apply") and now he writes some communist shit? Please - take his money away till he finds to himself again.
What was his trigger? Is he whining because he lived by the sword and now he’s dying by the sword?
Sounds like a late-night rant to me
Re: Pieces of Shit
#28More than a little hypocritical to complain about crypto scams, when he himself created this "cheap eth" coin, gave himself a bajillion coins in the fork code without telling anyone, and then started shilling it in his stream. More info: https://news.ycombinator.com/item?id=26175655
ad hominem
Re: Pieces of Shit
#29And i thought separation of church and goverment has mostly been archived. At least in Switzerland. I would advocate separating capitalism from goverment. But thats equally unrealistic as church/gov separation was 200 years ago.
What does it even mean to separate capitalism from government?
I assume they mean to make sure the people who make the laws don't profit from them.
Kinda hard to do in practice.
Re: Pieces of Shit
#30More than a little hypocritical to complain about crypto scams, when he himself created this "cheap eth" coin, gave himself a bajillion coins in the fork code without telling anyone, and then started shilling it in his stream. More info: https://news.ycombinator.com/item?id=26175655
I've followed many of these streams and this at least started out as a research project. If you watch the recorded streams on YouTube on CheapETH it's clear this is not meant to be a serious project of any kind.
I don't see this as affecting his integrity on any level.
Edit: grammar