Nikolay Vlasov

Solutions Architect at AWS, traveler and researcher. My tweets are my own opinions.

[Nikolay Vlasov @frbrkoala]

@cmkusher Somehow most of analysis ignores the nature and the proportion of the cost of land in overall construction cost that can be up to 60%. While other parts like wages and material costs are subject to global inflation, the cost of land is local and is the one to adjust to local laws

[Nikolay Vlasov @frbrkoala]

@LouiChristopher That's good. They should shift to land tax.

[Nikolay Vlasov @frbrkoala]

@AlanKohler My experience differs: as an introvert, using an LLM as work assistant reduces my anxiety when writing emails or Slacking new people. It acts as a communication safety net, which has actually widened the variety of people I feel comfortable connecting with.

[Nikolay Vlasov @frbrkoala]

@LouiChristopher The trial test is a political decision. Singapore has been running all sorts of experiments with digital money for nearly a decade, but still no case for CBDC. Stablecoins are mostly used for trading other coins: https://t.co/CqUQmDQL12 , only ~6% for actual payments.

[Nikolay Vlasov @frbrkoala]

@DrCameronMurray If in an imaginary world a sensible government would want to use a single simple-to-understand target metric for the success of their housing policies, what should it be? (they use GDP to measure the total "health" of economy, so it should be possible for housing)

[Nikolay Vlasov @frbrkoala]

@peter_tulip Even just stopping price growth would be a significant achievement. This would provide valuable time to address the more complex and time-consuming challenge of improving housing supply, which is much harder to implement than tax changes.

[Nikolay Vlasov @frbrkoala]

@lilycak3s 6. Using privacy-preserving to make payments for both legal and not-so-legal things. From donations for purposes your country may not like (supporting opposition) to funding terrorist organizations

[Nikolay Vlasov @frbrkoala]

@lilycak3s 5. Tax evasion and money laundering if there is no strong KYC in certain jurisdictions, or by using privacy-preserving techniques

[Nikolay Vlasov @frbrkoala]

@lilycak3s 4. Use stables in stronger regional currencies (like SGD) as a store of value in countries with high inflation/ rapid currency devaluation

[Nikolay Vlasov @frbrkoala]

@lilycak3s 3. Supporting family abroad if fiat can’t be used, but crypto exchanges exists in both countries

[Nikolay Vlasov @frbrkoala]

@lilycak3s 2. Paying salary to remote workers abroad to simplify their or your taxes.

[Nikolay Vlasov @frbrkoala]

@lilycak3s 1. Trading natively on DeXes. Can do with USD, but using local currency might be simpler for taxes.

[Nikolay Vlasov @frbrkoala]

@mert The first statement is not 100% true: “Solana has achieved over 15 months of continuous uptime since February 2024—its longest streak since launch.“. There was an outage on substantial number of nodes with older versions in early June. I’ve been running nodes back then and saw it

[Nikolay Vlasov @frbrkoala]

@SpachusAus What individual property price should've been if overall property prices grew at the same rate with wages from 2000 onwards :)

[Nikolay Vlasov @frbrkoala]

@LouiChristopher Everyone who watched "Don't look up" knows what's going to happen.

[Nikolay Vlasov @frbrkoala]

@peter_tulip @Harold36089778 @JosephNWalker In that case, there then should be incentives for builders to build and sell faster to increase supply. Allowing to build where and how much they want may just allow some to grab well-located lots at lower cost to hold them for years and keep the prices.

[Nikolay Vlasov @frbrkoala]

@Harold36089778 @JosephNWalker @peter_tulip While no one argues that looser zoning will reduce builders costs, there is no clarity on why those savings should be passed along to buyers. If some builders do it and others choose not to, the prices are more likely to hold or rise (may be at slower rate), than fall, right?

[Nikolay Vlasov @frbrkoala]

@DrCameronMurray Are we going to see the same picture in Australia in the nearest future?

[Nikolay Vlasov @frbrkoala]

@AvidCommentator Thank you! May be the total values are easier to estimate. Total value of ASX listed compalies is 3.1 Trillion (as of Nov 25). Total value of all residential properties is 11 T (as of Sept 25, according to CoreLogic). That's ~1:3. Looking at the US it doesn't look healthy either.