*The beast is driven by hunger ; the hunger of the beast is debt* View quoted note β†’
*China's gazillion factories are deflationary : that makes China the enemy. You buy cheap shit from China : debt doesn't get devalued as fast as the corrupt class would like.* View quoted note β†’
A brutal reality check. Although i frame Bitcoin as an ethical exit from fiat, i am still 'gambling' that I am right about it Not just ethically correct but assuming the market 'votes' in the same way i.e. NgU. *Markets are about the edge. If you don't have it, you don't add anything to the price, except for liquidity. You are gambling and the odds are not in your favor. Good.* View quoted note β†’
*Privacy isn’t extreme. Mass surveillance is.* View quoted note β†’
*Helm, the Oxford professor, argues renewable energy will remain more expensive than fossil fuels because the overall system is more cumbersome. The U.K. used to meet its electricity demand with 60-70 gigawatts of power capacity. Now, the country requires twice as much capacity, 120 gigawatts, to meet slightly lower demandβ€”not to mention the additional storage facilities and interconnector supplies to and from continental Europe.*
Stacker News
Europe's Green Delusions Are Luxury Beliefs (WSJ, Tom Fairless & Max Colchester) \ stacker news ~econ
Everybody knows that renewables (="unreliables") don't work as baseload or really at all for powering a 21st-century civilization. Yet, certain cra...
*a sound money future gives people room to choose work they care about. To stop trading their purpose for a paycheck* View quoted note β†’
Villermaux derived a mathematical equation that describes the pattern of fragment sizes from a shattered object. He then validated the equation by comparing the equation's predictions to years' worth of fragmentation data collected on various objects, including glass, spaghetti, liquid droplets, gas bubbles, plastic fragments in the ocean, and even flakes from early stone tools. All matched the predicted size distribution. New physics equation describes universal law of how things shatter, from glass to pasta | Live Science
Live Science
Law of
A new mathematical equation describes the distribution of different fragment sizes when an object breaks. Remarkably, the distribution is the same ...
*The cynic always wins the argument. And loses everything else.* View quoted note β†’
*when you give everyone a button that says β€œshow me more stuff like this” they keep pressing it until they end up somewhere insane* View quoted note β†’
*Everyone claims to love β€œnuance” until you actually present them with some* View quoted note β†’