oskarth

I had an amazing time at RC more than a decade ago. It had a massive impact on my life, and I'm very grateful for the experience. I always like running into RCers in the most random places, even after all this time. Congrats Nick, Sonali, Dave and everyone else! Would definitely recommend you go if you get a chance :)

Also see Ethereum is green: https://our.status.im/ethereum-is-green/

A lot of this boils down to having a better understanding of uncertainty and probability, especially in terms of being non-naive when it comes to extreme volatility and risk. If you find ways to bet on this in a rigorous manner, the payoff is disproportionally larger. For the lay investor, the hard part is that this essentially means losing money 95% of the time [in those positions], something most people aren't comfortable with. That and some technical difficulties, like liquidity, etc.

Of course, the bets needs to be sized correctly. This is not something you'd put all your money into, and this is part of the design from the beginning. See Kelly Criterion https://www.amazon.com/KELLY-CAPITAL-GROWTH-INVESTMENT-CRITE... for how these people think about it in a rigorous way.

For those who are interested to read more on how this is done, have a look at the papers here: https://www.universa.net/riskmitigation.html

Spitznagel has also written a book called Dao of Capital which talks about the logic and underlying philosopy of these ideas: https://www.amazon.com/Dao-Capital-Austrian-Investing-Distor...

There's also Dynamic Hedging by Taleb https://www.amazon.com/Dynamic-Hedging-Managing-Vanilla-Opti... which talks about these options and their structure in more technical manner, though I haven't read it.

五大訴求，缺一不可。 Five big demands, can’t do without any of them.

五 5 大 big 訴求 demands 缺一不可 fixed expression “none is dispensable” (缺 lack 一 one 不 no 可 can/possible)

The five demand in question are the ones there is broad consensus on, see other threads.

Wow I’m typing on my phone and I can’t see anything. I suppose if I don’t keep typing this will be all read I mean deleted. Oh well. Such is life. It reminds me of free writing. It is a form of free writing that is enforced I guess that’s useful. For things like writers block and what not.

But what am I to say? Nice product? I guess it’s a cool proof of concept. But I don’t see myself using it. It is more like a neat little toy, almost like performance art.

It is a new form of medium, where the rules are enforced onyoi. I suppose there are other such forms of modes. Does this bring with it anything u inquest and of lasting value? Or is it mostly single player entertainment?

I wonder if something similar can be done for multiplayer chat. Text that mimics actual social interaction in a new way is interesting. Such as IRC and twitter. Maybe even communicating with gifs.

Only time will tell what will last. Normal text yes, movies sure.

I find myself speeding up more for the 3’ deadline