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Joined 9 months ago
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Cake day: October 19th, 2023

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  • Normal person: ¬(Garbage | Trash) = okay to put here if it is not garbage and not trash

    Computer programmers: ¬ Garbage | Trash = okay to put here if it is not garbage or it is trash, but since garbage and trash are the same thing and ¬P | P = 1, it’s okay to put anything here




  • This is not investing. I did not ever hold significant amounts of cryptocurrency. People would ask me to sell them crypto and then I’d buy it on a crypto exchange and then sell it to them.

    I do not believe holding cryptocurrency qualifies as “investing”. It is much closer to gambling as the entire valuation is purely speculative. I get that all investing is gambling to some extent, but it’s not the same as stocks, for example, because holding stocks gives you voting rights for a company’s board of directors and entitles you to a portion of the company’s profits in the form of dividends.

    There is risk, of course, but it is not market risk.



  • You can make significant money by trading crypto peer-to-peer. It is incredibly risky but you can make around 6-7% profit after fees. I made around 2,000-3,000 USD monthly, moving around 40,000 USD in volume. The main risks are chargebacks and account closures.

    It wasn’t free money, of course. But the profit-to-effort ratio is pretty high once you figure out how to weed the good clients from the bad (scammers who will pay, receive crypto, and then dispute the payment).

    Do not ask me how to do this and do not reply to anyone who comments below claiming to know how, because they’re probably a scammer.



  • The reason is because it supposedly creates a moral hazard. This is the logic behind pricing for all sorts of medical resources (such as co-pays and deductibles). If there is a nominal cost involved to obtain the resource, then you will be incentivised not to use more than you need. But if it is free or costs too little, then you (and others) may choose to use a lot of the resource, far more than you actually need.

    For example, suppose there is a $50 co-pay (a co-pay is essentially a fee) to see the doctor, and you figure you should go once a year for a check-up. In this case, you will not schedule an excessive number of appointments because you know it is not necessary and it will cost you money each time you do. If scheduling doctor’s appointments were free or costs very little, like $1, you may instead choose to schedule two or three appointments per year, because why not? Or maybe you will go see the doctor for every minor cold or stuffy nose. It’s not like it will cost you a significant amount of money. Or so their thinking goes, anyway.

    Remember, the $50 you pay isn’t all that it costs. For every $50 you pay, the insurance company is probably paying the doctor $150.

    Similarly, suppose a drug costs $100, but the insurance company pays $90, and you have to pay a $10 co-pay. You buy one vial, which is good for one month. The fear is that if the insurance company pays for all $100, since the drug is now free for you, you might decide to get two vials instead, just in case. After all, they’re free for you, right? This means the insurance company has to pay $200 for two vials of the drug but the benefit to you is actually pretty small. Again, this is how insurance companies think.

    Now, whether this logic is sound or not, I leave that part up to you.





  • However, birth rates are more correlated to wealth, not to religion. Poorer people have more kids than wealthier people. Palestine is much poorer than Israel, partly because of the constant war and unrest there, as well as the lack of a strong state apparatus. This means nobody wants to invest money to start businesses and create good jobs Meanwhile, Israeli companies and people exploit this by hiring Palestinian workers at very low wages.

    Palestine is also beholden to the monetary policy of Israel as they are forbidden by treaty from establishing a national currency. Thus, the currency of Palestine is largely the Israeli new shekel.

    Once there is peace, there can be work to fix these problems and increase the living standards of Palestinians. Once that happens, history tells us that their birth rate will naturally decline.




  • Well, we’ll see. The thing is that if the Palestinian Authority wants to be recognised as a state, it needs to act like a state and not like an ephemeral government-in-exile. Democratic governments can change through elections, but the state as an organisation is still there. The PA uses the name “State of Palestine” in its formal communications, so it needs to live up to that instead of acting like a ragtag band of desperados begging for whatever scraps of power Israel tosses to them.

    Does the current government of the Palestinian Authority have the confidence of the people? Maybe. We don’t know. But I assume the answer is “no” until I am proven wrong. Fatah controls the PA but technically lost to Hamas in the 2006 election. Again, that was 18 years ago. A lot has changed since then! Hamas has turned Gaza into a shit hole. The pockets of the West Bank run by the PA at least are serviceable.






  • If you’re developing software for one client who only uses a specific browser, I can see this being okay, but several times I have chosen not to buy things from websites that were broken in Firefox. I don’t bother to check whether they’d work in Chromium, I just buy it elsewhere.

    The number of people who act like me probably isn’t large in absolute terms, but how many customers have been lost because of a broken website that you didn’t even know about because they just left without a trace?

    This might not apply to you, but it’s some food for thought whenever Web developers decide to be sloppy and not check compatibility for a browser that still has significant market share.