Until BTC reaches parity with gold, it will trade as a tech stock on the speculation that it someday will. Once it does, BTC will provide the stability of gold with higher upside potential due to its superior features.
This is where @daveramsey loses all credibility IMO. He understands the point--why pay off US$ debt that's yielding less then like-term alternative fixed income instruments--but fails to answer the question. Instead, he evaluates the equation and misapplies the "risk" to the holder's debt instead of his asset. If the caller is relying on the return on a speculative asset (i.e, junk bond) to pay a return higher than the cost of his debt, the risk might not be worth it. If the asset that's providing a return higher than the interest rate on his debt is the US government, however, he'd have a higher net worth over time if he invested the $ instead of paying off debt. The math doesn't change.
@BadMuthaHubbard@alex_prompter Without understanding copyright now, and the arguments regarding copyright over the issue you're discussing, i don't think you're able to defend the claim you're making.
Q: How are job postings for software engineers rising rapidly despite AI agents automating coding?
A: Because there’s far more code to manage than ever before. We’re already seeing a 14x YoY increase in GitHub commits, and it’s accelerating.
AI has dramatically lowered the cost of writing code, so it’s now being used across far more businesses, applications, and use cases.
We’re at the beginning of a massive productivity boom driven by the proliferation of bespoke software throughout the entire economy.
Coding has been AI’s breakout use case this year. The fact that it’s increased demand for software engineers — rather than decreased it — should call into question the entire “AI will cause mass job loss” narrative.
Maybe. Admittedly, you might have more info than me on this. My perspective—if I had been in his position, I would have been tempted to fight the decision internally as hard as possible until I lost. Then, I’d like to think I would have done what he did and resign in protest. You’re right in hindsight, but the current outcome doesn’t mean his intentions were inconsistent with the convictions he espouses. Without more info or knowing him personally it seems, to me, like the judgment is too assumptive.
@NickSzabo4@joekent16jan19 If you don’t mind me asking, how/why do you think he got duped into playing along with this war? In the interviews I listened to and what I’ve read, it seems like he was against the war from the beginning. I want to root for this guy, what am I missing?
@PeterSchiff@AOC If the DOJ hadn't prevented JetBlue from acquiring Spirit back in 2022, we wouldn't be here. That Spirit needs a bailout today is proof that the DOJ was wrong to prevent the merger then.
I'd say that Ponzi schemes are pretty well defined and easy to understand. If you don't understand something, though, it doesn't mean that thing is too good to be true and/or a ponzi scheme. @PeterSchiff, how is the victim of a true ponzi scheme, who owns none of the assets as represented, the same as a holder of STRC?
@NickSzabo4 This interview is entertaining. While arguing that the CIA is SN bc he thinks they benefit the most from the tech he also acknowledges the value of the BTC locked in satoshi’s wallets.
@Jason@NYCMayor Exactly. The gap between the rich and the poor will only widen through this. It's not the Ken G.'s who will suffer, it's anyone with homes valued less than 5mil