axanoeychron
Joined 12 years ago
Joined 12 years ago
That is, for you to be profitable, you rely on someone else not doing something.
That is the nature of competition.
Claiming your business model will be harmed by progress in technology is depressing and a cop out. I would like to see resource quotas enforced by browsers. Like billboard space, you have a scarce resource to fill that is prime. How about you fit your advert resource usage into a well defined slot of time that my browser can manage for you? If you're fast and respectful, I see you. Otherwise you get torn down for vandalism like illegal posters.
More that I am paying for the same services but doing the right thing costs me far more in excess of the benefit to myself.
Why should I suffer all the costs of recycling?
My problem with adverts is that they are not information, they are selective truths or downright lies. I cannot trust adverts.
Like land, a lot of Bitcoin is landed wealth. It has an inherent inequality in who starts with it. This is what makes me uncomfortable with it. If you transact two goods or services to obtain Bitcoin, that eliminates the inequality.
For an unbanked person to obtain this digital currency, they would have to provide services in exchange for BitCoin. They would have to 'serve' someone else. A bit like land rent.
For a long time I had wanted to lose some weight and to remove some bad habits. It dawned on me that I could eliminate the habit altogether by scaling back to extreme levels. For example, I completely stopped eating sugary foods such as chocolate for 8 months. I stopped buying coffee from coffee shops every day. I replaced my meals with crazy simple meals such as rice, tamago kake gohan, potatos, eggs and vegetables. It is surprisingly easier to just cut something out of your life and then add things back as necessary.
It occurred to me if you can do this, you can do anything. You're replacing daily motivation - which can be depleted (ego depletion) - with a unwavering commitment everyday - to eat simple things or forego things you did not even think twice about before. You just don't do X. There is no way for you to self justify any more.
It is surprising how after a while, you do not really even miss the daily coffee or chocolate because you feel happy that you were disciplined enough to give it up. You're strong.
In my case, my journey cross fertilised another goal: to cut down on expenses. It is shocking how much money we all spend for very little benefit!
I am sure someone will reply saying 'life is for living' and all that. The question is, are they strong enough to do the same?
If I ask for X at Y. Someone else shouldn't have the facility to buy it based on my own trade signal and try sell it back to me.
It is mindblowingly simple theft. The arguments for liquidity do not hold. There is some fascinating cognitive dissonance when it comes to the HFT industry.
I am worried that people will choose this option just because it is easier rather than use what is technically the right thing to do. (CORS) Please don't use this unless you really have to. The arguments against CORS in the Readme aren't really compelling. The web is messy enough as it is.
> I won't say HFT is the most valuable thing that its practitioners can be doing. I think the (trading) world would operate just fine without all these micro-second level transactions. But they are NOT the next subprime mortgage, and I just hope folks stop commenting on stuff they have no clue about.
Your post is interesting and I learned from it. However you admit that HFT is not the most valuable thing smart people could be doing - this is the reason that many dislike it. HFT provides little value to humanity or society. I do not think this makes me 'misguided' or 'have no clue' and I don't like how this makes it okay for advocates to sweep away concerns about it. We could easily say the same thing: algorithmic trading in itself is misguided: it does not use technology to solve socially useful problems such as global distribution, food production or folding proteins to better understand drug interaction and find cures for disease.
TempleOS [1] 'shell' operates as a programming environment - what you write is compiled and inserted into the same process that the OS is running as. It's a single address space.
Gordon Brown (in the treasury) produced a report to see how UK could integrate with the EU. The output was basically that the UK economy is not flexible enough.
A very large portion of the UK's GDP is based on housing and housing services. The amount of debt on UK housing is astronomical.
http://news.bbc.co.uk/2/shared/spl/hi/europe/03/euro/pdf/fin... Page 55 onwards
"mortgage debt 60% of gdp"
http://www.ft.com/fastft/309012/how-would-uk-housing-correct...
http://www.imf.org/external/np/ms/2001/121101.htm
https://en.wikipedia.org/wiki/Five_economic_tests