gzu
Joined 8 years ago
Karma
384
Submissions
122
Member since
Apr 6
Recent submissions
Comment · 2 years ago
It's like if only we put more resources towards potential societal altering technologies like these instead of [insert random SAAS app]. Maybe tech investors aren't very comfortable with projects outside their domain knowledge and expect an quick return. Quaise last financing round was something like $20M...
Comment · 5 years ago
No, you don't simply "move to a new coin". ETH is currently a 420B market cap and rewards GPU miners something on the order of 13,000 ETH a day conservatively (without fees). That's nearly 50m dollars a day or 1.5B dollars a month!
The only "other coins" available to be mined with GPUs are tiny. Ethereum classic has only a 8B market cap, Ravencoin with 1B, then many sub 1B coins.
Comment · 5 years ago
This year with the labor shortage has shown we need more "basic" employees getting a livable wage than a country full of college educated students chasing white collar positions
Comment · 5 years ago
It'll continue as long as there's an abundance of cheap food
Comment · 5 years ago
It's very easy to replace the displays on these business line thinkpads.
Comment · 5 years ago
I wonder much of this is caused by recent installments of agricultural field drainage tile?
Land price increases allow for more farmers to afford to "improve" their farmland by adding underground pipes that quickly wick standing water away into nearby creeks and rivers. What used to be evaporated or absorbed into soils is dumping straight into waterways.
Comment · 5 years ago
@plainsite doing the real dirty work here
Comment · 5 years ago
Bitcoin is "bad for the planet". 0 percent interest rates are worse. It's the lesser of evils.
Comment · 5 years ago
What about 0 percent interest rates? How much environmentally damaging malinvestment across the globe has been caused by risk free money?
Think of how carbon intensive the concrete, steel, manufacturing, power generation industry are. Not to mention the population boom beyond our earths carrying capacity needed to perpetuate our ever increasing monetary scheme requiring never ending growth where deflation can never exist.
Comment · 5 years ago
No one is paying bills right now due to COVID relief. Q4 alone saw $32B of missed student loan, $7B in missed rent and $14B of missed mortgage payments. Pent up roaring 20's demand and hyperinflation?
Comment · 5 years ago
Microstrategy (MSTR) call options
Comment · 6 years ago
Central banks are trying to prop up the deflationary structural changes happening in the broader world economies due to aging demographics and technology reducing the value of human labor.
The end result is an enormous asset bubble as their only solution is to print money to prevent any actual deflation from happening as that would implode the financial system.