Really? You would have to find somebody that I did not hire because of age, that did not happen yet, I just don't pay enough for somebody older to apply. However I am very comfortable saying that the laws in the Western world are garbage, oppressive anti-individual freedom garbage and these laws cause more harm to people they are supposedly 'protecting'. More likely they are protecting people *from* getting hired, not from anything else.
Everybody I hired so far was younger than myself, this happened by chance, I don't offer high salaries in the Western countries, while in the Eastern countries the people with experience that I am looking for are all younger people.
That said I would not hire somebody older in the West even if they accepted a lower pay because I don't want to be on the wrong side of a discrimination an so called 'human rights' lawsuit in case I have to fire that person. I don't need any government regulations backlash on my hands, so I try to ensure it just doesn't come to that. Hiring somebody older in the West means hiring somebody who is a more protected class (in terms of government laws) and it can be dangerous for me, as it can hurt me financially and this is where I draw the line.
I think people who are taxed more than others because they have more money rather than because they are sicker or generally cost insurance more should not be silent, when 'all Americans' want to steal from them. A wealthy person doesn't need the government in any way to pay for healthcare. Of course before government got into insurance, medication and health care, the prices were low enough that the vast majority of Americans could afford them out of pocket, not just the wealthy. The insurance was for catastrophic things only, as it should be, the deductible was there to prevent using insurance as a general health management tool.
People should be paying for their own healthcare out of pocket and for very expensive and prolonged care with cheap insurance with high deductibles, this is exactly as car insurance - gas and oil and break changes are paid out of pocket. Insurance is invoked in case of an accident.
Government stepped in and everything got broken.
I think nobody should be forced by any government to subsidise anybody else for any reason under any circumstances
ha ha ha ha ha ha ha, to 'simply oppress me' (what a goal), you have to buy a city. OK, go ahead. By the way, you realize if you buy something (spend money on it) you better have a plan maintaining it and also earning interest on the purchase. If you oppress people where you are buying your stuff you may find that the interest is just not going to come, where are you going to get that interest if you oppress the people, you think you can get the money from the oppressed population in a town block you own? You realise people can move, right? Ha ha ha, and if people don't move, it means their quality of life isn't that bad, maybe they still have jobs and don't mind the different owner of the bank or the house.
Oh, of-course the schools are selling a degree, but they wouldn't be able to charge much of anything today if the government wasn't peddling all that borrowing through government guarantees. The real culprit as always in such economically disastrous situations is right in front of us, hiding in plain site - government and collectivism, manipulation of money, interest rates and of-course all the taxes, business regulations, labour laws, etc.
I have employees, the ones in wealthier countries are all making *above* the minimum wage there, the ones in less wealthy countries are making less than the minimum wage of the wealthy countries (but much more than others in their respective countries). Guess where I have more employees, where the employment is more expensive or less?
If you guessed that I have more employees where employment is less expensive, then congrats, you understand supply and demand.
Of-course AFAIC minimum wage is not the real issue, minimum wage is only minimum ability that the government allows one to have to acquire employment. If your ability is low enough so that an employer can derive benefit out of your job where the benefit derived is smaller than the wage that has to be paid because of government legislation, then you don't get the job. It's that simple and it's the reality. For those, whose ability is above minimum wage, that legislation is not really relevant.
Good thing my products are software and hardware then, ha? The kind that I can keep developing pretty much anywhere where I find it most comfortable to develop, selling as internationally as I can. Should things go south in a bad way in the Ukraine there is still Belarussia, Bulgaria, Latvia, Romania, Poland and more, so thank you for the concern, I will manage. Cheers.
You are funny though. 'To retaliate'? What is in your empty brain? I guess vacuum. Your comment is vacuous and idiotic. Let's say somebody 'haxored' into my Ukrainian office.... Explain what that would do exactly???? Also the word retaliate implies some sort of a backlash, of who to who and on what grounds exactly? Are you OK? Are you drunk?
like I said, government money and interest manipulation creates artificial demand for so called 'education', in reality no amount of government subsidised education will help in this highly inflationary environment. The only thing to do is to realise that the problem is government oppression, income taxes, business regulations, market, money, interest rate manipulation. You want jobs? Good luck with that with all this government.
not by minimum wage hikes or make-work programs, but by legislating shorter standard work weeks and nationalizing health benefits. Make it affordable for employers to hire more people to do the work, make it less life-affecting for people to work less.
- yeah, yeah, legislate, legislate, this and that. I hire people in a few countries, including Canada and Ukraine. Guess what, my Ukrainian office is many times bigger than the one in Canada. Legislate some of whatever you are proposing and see that ratio get ever greater and not in favour of Canada. If you legislate anything at all against me running my business my way all you will get is more unemployment, that is guaranteed. By the way, there are millenials that are more or less fine with only some quirks but there are some that truly don't get it and really believe they are owed something by people around them. I have seen it both ways and I don't hire special snowflakes.
When something goes wrong with an airplane other airplanes can still fly, the entire transportation system does not get shut down and other planes don't get damaged. If something goes wrong inside a vacuum tube with fast cars in it, if a car hits the tube at 1000 km/h, the air coming in will destroy all cars in the tube.
A plane without engines can still land by the way, even on water, once it lands people can leave it. If you need to escape a car, how do you escape the metal tube?
It is quite simple and it involves something you are squarely against, it is called individual freedom. It goes like this: do not authorise the government to oppress people and then the power to oppress cannot be bought.
Of course oppression is in everything that government does, especially in taking private property away from people under a number of pretenses, for example the property taxes, income taxes, payroll taxes, death taxes, business regulations, minimum wage laws, price and wage controls, various agencies imposing rules on individuals and businesses, all of this is oppression and since the government can subject people to it the underlying power to oppress can be bought.
You are talking about an index, which also makes no sense for the BTC.
Again, you are free to buy and sell BTC in any small or large quantities as you wish already without any ETFs present, so you can allocate your money towards BTC if you believe wrongly that BTC is an investment vehicle as opposed to a speculative asset at best. However putting BTC in the same line as gold or oil or cows is where you are either misguided or peddling fiction, because BTC has no intrinsic value whatsoever at all.
BTC has no weight in any material, for that matter talking about 'the price' of BTC is a ridiculous sham, especially when comparing it to the price of any other physical asset.
Comparing a single BTC to a 1 ounce of gold for example is a sham, there is 1 ounce of BTC, there is no 1 meter of BTC, there is no 1 gallon of BTC, BTC cannot be measured in physical terms, thus saying that 1BTC > 1 ounce of gold is completely retarded, since you could as well compare the price of 100000BTC to 1 ounce of gold or 00000.1BTC to 1 ounce of gold and the comparison would be just as arbitrarily stupid as comparing 1BTC to 1 ounce of gold, none of this is comparable at all but in terms of absolute numbers today 10000BTC is much bigger than 1 ounce of gold, 00000.1BTC is much smaller than 1 ounce of gold, so what?
1BTC is an arbitrary unit with no intrinsic value or substance, thus it cannot belong in an ETF with things like gold or cows or land or oil or anything.
A bunch of nonsense. If you believe that you are investing when buying BTC I cannot help you at all. You are speculating, not investing. Speculating that your purchase will happen at the right time for it to go up so you can sell.
If you are talking about investing in actual companies or resources, commodities, land even bonds then you don't need BTC. NOBODY wants BTC in exchange for anything. Even merchants who take BTC do not actually take possession, they work with companies like Bit Pay and they never see a single BTC, they get dollars or whatever their currency is.
ETF is a vehicle for people who are buying assets that are physical in nature, ETF removes the need for possession. ETF is also a way to buy small quantities of something where possession is impractical. ETF prevents delays in taking possession, it prevents storage fees. However ETF adds a transaction fee.
NONE of this makes any sense for BTC. BTC has no delay in taking possession, storage is free, BTC can be bought in sub 1 BTC quantities just as easily as 1000s of them. Why pay an ETF transaction fee on top of all the other fees when buying/selling BTC, so that the ETF manager can make some money as well?
There is not a single coherent reason for buying any of that, beyond that ETF allows to fuel the mania but it also works the other way around. ETF stampede to buy pushes prices up, as a single buyer (the fund) has to acquire the BTCs, but when sellers leave end mass the stampede takes prices down faster as well and causes a crash.
In short: there is no BTC investment, no merchant takes possession, they never see the BTC, they see their own currencies, you can buy as tiny a quantity of BTC as you want and take possession immediately and store BTC freely without any storage fees, you can buy and sell the BTC on exchanges and avoid any added ETF transaction fees and without an ETF you don't have to overpay for BTC when buying without the ETF stampede and you can sell without a panic ETF selling, in both cases buying and selling on better terms (and without added fees), so if you are peddling ETF for BTC I think you are either ignorant or you stand to profit from a BTC ETF and the only people who stand to profit there are ETF managers, so I feel your loss.
Also there are some ideas for ETFs floating around in BitCoin space and this is truly stupid. With something like gold ETF it makes sense to have a traded fund because gold delivery actually *costs money*, but with BitCoin the cost of delivery is negligible, so there is no reason to have someone else store your BitCoins. In case of gold you can pay somebody to store a *physical amount* of gold for you, that's why you are paying a fee - somebody else has to store physical bars or coins and keep it all secure. But in case of BitCoin the entire concept is ridiculous, in fact ETFs will *introduce a storage cost where there is no need for one currently*.
Explain how that is bad? In what sense providing government with fake information is bad? In what world providing the oppressive collectivist government regime with fake information of any kind is bad? AFAIC every single person should stop paying taxes, should never cooperate with any government official at any level on any issue.
Slashdot Mirror
As I said, I don't pay enough for people with experience to apply.
Really? You would have to find somebody that I did not hire because of age, that did not happen yet, I just don't pay enough for somebody older to apply. However I am very comfortable saying that the laws in the Western world are garbage, oppressive anti-individual freedom garbage and these laws cause more harm to people they are supposedly 'protecting'. More likely they are protecting people *from* getting hired, not from anything else.
I am not (and never was) a Russian. Also I don't see the correlation.
Everybody I hired so far was younger than myself, this happened by chance, I don't offer high salaries in the Western countries, while in the Eastern countries the people with experience that I am looking for are all younger people.
That said I would not hire somebody older in the West even if they accepted a lower pay because I don't want to be on the wrong side of a discrimination an so called 'human rights' lawsuit in case I have to fire that person. I don't need any government regulations backlash on my hands, so I try to ensure it just doesn't come to that. Hiring somebody older in the West means hiring somebody who is a more protected class (in terms of government laws) and it can be dangerous for me, as it can hurt me financially and this is where I draw the line.
I think people who are taxed more than others because they have more money rather than because they are sicker or generally cost insurance more should not be silent, when 'all Americans' want to steal from them. A wealthy person doesn't need the government in any way to pay for healthcare. Of course before government got into insurance, medication and health care, the prices were low enough that the vast majority of Americans could afford them out of pocket, not just the wealthy. The insurance was for catastrophic things only, as it should be, the deductible was there to prevent using insurance as a general health management tool.
People should be paying for their own healthcare out of pocket and for very expensive and prolonged care with cheap insurance with high deductibles, this is exactly as car insurance - gas and oil and break changes are paid out of pocket. Insurance is invoked in case of an accident.
Government stepped in and everything got broken.
I think nobody should be forced by any government to subsidise anybody else for any reason under any circumstances
You have that privilege, you just need to pay for it. You get that privilege by paying, not by stealing, as the collectivists desire.
ha ha ha ha ha ha ha, to 'simply oppress me' (what a goal), you have to buy a city. OK, go ahead. By the way, you realize if you buy something (spend money on it) you better have a plan maintaining it and also earning interest on the purchase. If you oppress people where you are buying your stuff you may find that the interest is just not going to come, where are you going to get that interest if you oppress the people, you think you can get the money from the oppressed population in a town block you own? You realise people can move, right? Ha ha ha, and if people don't move, it means their quality of life isn't that bad, maybe they still have jobs and don't mind the different owner of the bank or the house.
Cheers.
Oh, of-course the schools are selling a degree, but they wouldn't be able to charge much of anything today if the government wasn't peddling all that borrowing through government guarantees. The real culprit as always in such economically disastrous situations is right in front of us, hiding in plain site - government and collectivism, manipulation of money, interest rates and of-course all the taxes, business regulations, labour laws, etc.
I have employees, the ones in wealthier countries are all making *above* the minimum wage there, the ones in less wealthy countries are making less than the minimum wage of the wealthy countries (but much more than others in their respective countries). Guess where I have more employees, where the employment is more expensive or less?
If you guessed that I have more employees where employment is less expensive, then congrats, you understand supply and demand.
Of-course AFAIC minimum wage is not the real issue, minimum wage is only minimum ability that the government allows one to have to acquire employment. If your ability is low enough so that an employer can derive benefit out of your job where the benefit derived is smaller than the wage that has to be paid because of government legislation, then you don't get the job. It's that simple and it's the reality. For those, whose ability is above minimum wage, that legislation is not really relevant.
Good thing my products are software and hardware then, ha? The kind that I can keep developing pretty much anywhere where I find it most comfortable to develop, selling as internationally as I can. Should things go south in a bad way in the Ukraine there is still Belarussia, Bulgaria, Latvia, Romania, Poland and more, so thank you for the concern, I will manage. Cheers.
You are funny though. 'To retaliate'? What is in your empty brain? I guess vacuum. Your comment is vacuous and idiotic. Let's say somebody 'haxored' into my Ukrainian office.... Explain what that would do exactly???? Also the word retaliate implies some sort of a backlash, of who to who and on what grounds exactly? Are you OK? Are you drunk?
From point of view of business there isn't much difference between either.
Everybody is in 'sales business', of course my employees are developers.
It is a global world, don't put all eggs into one basket, sell everywhere you can.
like I said, government money and interest manipulation creates artificial demand for so called 'education', in reality no amount of government subsidised education will help in this highly inflationary environment. The only thing to do is to realise that the problem is government oppression, income taxes, business regulations, market, money, interest rate manipulation. You want jobs? Good luck with that with all this government.
not by minimum wage hikes or make-work programs, but by legislating shorter standard work weeks and nationalizing health benefits. Make it affordable for employers to hire more people to do the work, make it less life-affecting for people to work less.
- yeah, yeah, legislate, legislate, this and that. I hire people in a few countries, including Canada and Ukraine. Guess what, my Ukrainian office is many times bigger than the one in Canada. Legislate some of whatever you are proposing and see that ratio get ever greater and not in favour of Canada. If you legislate anything at all against me running my business my way all you will get is more unemployment, that is guaranteed. By the way, there are millenials that are more or less fine with only some quirks but there are some that truly don't get it and really believe they are owed something by people around them. I have seen it both ways and I don't hire special snowflakes.
When something goes wrong with an airplane other airplanes can still fly, the entire transportation system does not get shut down and other planes don't get damaged. If something goes wrong inside a vacuum tube with fast cars in it, if a car hits the tube at 1000 km/h, the air coming in will destroy all cars in the tube.
A plane without engines can still land by the way, even on water, once it lands people can leave it. If you need to escape a car, how do you escape the metal tube?
It is quite simple and it involves something you are squarely against, it is called individual freedom. It goes like this: do not authorise the government to oppress people and then the power to oppress cannot be bought.
Of course oppression is in everything that government does, especially in taking private property away from people under a number of pretenses, for example the property taxes, income taxes, payroll taxes, death taxes, business regulations, minimum wage laws, price and wage controls, various agencies imposing rules on individuals and businesses, all of this is oppression and since the government can subject people to it the underlying power to oppress can be bought.
2 corrections, which I have to make now because I am super sleepy:
1.
Comparing a single BTC to a 1 ounce of gold for example is a sham, there is 1 ounce of BTC, there is no 1 meter of BTC,
- there is no 1 ounce of BTC of-course.
2.
but in terms of absolute numbers today 10000BTC is much bigger than 1 ounce of gold, 00000.1BTC is much smaller than 1 ounce of gold, so what?
- did not mean to compare in absolute numbers, meant to do the comparison in relative terms, in terms of US dollars.
You are talking about an index, which also makes no sense for the BTC.
Again, you are free to buy and sell BTC in any small or large quantities as you wish already without any ETFs present, so you can allocate your money towards BTC if you believe wrongly that BTC is an investment vehicle as opposed to a speculative asset at best. However putting BTC in the same line as gold or oil or cows is where you are either misguided or peddling fiction, because BTC has no intrinsic value whatsoever at all.
BTC has no weight in any material, for that matter talking about 'the price' of BTC is a ridiculous sham, especially when comparing it to the price of any other physical asset.
Comparing a single BTC to a 1 ounce of gold for example is a sham, there is 1 ounce of BTC, there is no 1 meter of BTC, there is no 1 gallon of BTC, BTC cannot be measured in physical terms, thus saying that 1BTC > 1 ounce of gold is completely retarded, since you could as well compare the price of 100000BTC to 1 ounce of gold or 00000.1BTC to 1 ounce of gold and the comparison would be just as arbitrarily stupid as comparing 1BTC to 1 ounce of gold, none of this is comparable at all but in terms of absolute numbers today 10000BTC is much bigger than 1 ounce of gold, 00000.1BTC is much smaller than 1 ounce of gold, so what?
1BTC is an arbitrary unit with no intrinsic value or substance, thus it cannot belong in an ETF with things like gold or cows or land or oil or anything.
It is interesting to see though 2 stories on /. almost side by side: Russians 3d print a house. Americans 3d print a grenade launcher. Just saying...
A bunch of nonsense. If you believe that you are investing when buying BTC I cannot help you at all. You are speculating, not investing. Speculating that your purchase will happen at the right time for it to go up so you can sell.
If you are talking about investing in actual companies or resources, commodities, land even bonds then you don't need BTC. NOBODY wants BTC in exchange for anything. Even merchants who take BTC do not actually take possession, they work with companies like Bit Pay and they never see a single BTC, they get dollars or whatever their currency is.
ETF is a vehicle for people who are buying assets that are physical in nature, ETF removes the need for possession. ETF is also a way to buy small quantities of something where possession is impractical. ETF prevents delays in taking possession, it prevents storage fees. However ETF adds a transaction fee.
NONE of this makes any sense for BTC. BTC has no delay in taking possession, storage is free, BTC can be bought in sub 1 BTC quantities just as easily as 1000s of them. Why pay an ETF transaction fee on top of all the other fees when buying/selling BTC, so that the ETF manager can make some money as well?
There is not a single coherent reason for buying any of that, beyond that ETF allows to fuel the mania but it also works the other way around. ETF stampede to buy pushes prices up, as a single buyer (the fund) has to acquire the BTCs, but when sellers leave end mass the stampede takes prices down faster as well and causes a crash.
In short: there is no BTC investment, no merchant takes possession, they never see the BTC, they see their own currencies, you can buy as tiny a quantity of BTC as you want and take possession immediately and store BTC freely without any storage fees, you can buy and sell the BTC on exchanges and avoid any added ETF transaction fees and without an ETF you don't have to overpay for BTC when buying without the ETF stampede and you can sell without a panic ETF selling, in both cases buying and selling on better terms (and without added fees), so if you are peddling ETF for BTC I think you are either ignorant or you stand to profit from a BTC ETF and the only people who stand to profit there are ETF managers, so I feel your loss.
It is more than that, ETF makes 0 sense in case of BitCoin, funny enough I left a comment here on that very subject just a day ago on the 'middleman' story.
Also there are some ideas for ETFs floating around in BitCoin space and this is truly stupid. With something like gold ETF it makes sense to have a traded fund because gold delivery actually *costs money*, but with BitCoin the cost of delivery is negligible, so there is no reason to have someone else store your BitCoins. In case of gold you can pay somebody to store a *physical amount* of gold for you, that's why you are paying a fee - somebody else has to store physical bars or coins and keep it all secure. But in case of BitCoin the entire concept is ridiculous, in fact ETFs will *introduce a storage cost where there is no need for one currently*.
Explain how that is bad? In what sense providing government with fake information is bad? In what world providing the oppressive collectivist government regime with fake information of any kind is bad? AFAIC every single person should stop paying taxes, should never cooperate with any government official at any level on any issue.
this:
I need 417 GB of ram and 65 cores.
+ this:
Hi! I make Firefox Plug-ins
- well now finally my local FF performance makes so much more sense....