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Comment Re:iPhone Unavailable - try again in 1 minute (Score 1) 29

If you are a programmer and you are given clear instructions on what is expected, then yes. If you are a programmer and you are not given clear instructions, then no. However if you are technical lead/architect then you really should be responsible for it.

OTOH if you are a programmer and you raise these concerns then you are on your way to become a technical lead/architect.

In my systems I insist we keep a database table of various common passwords (tens of thousands of these) and we do not allow people using them as well.

Comment Re:working (Score 1) 23

It is like saying: someone will do some work for free, because they like it, lets then make sure that we take away the product of their work, they don't need it anyway. How is that a moral stance, how is it good economically? People feel a certain way if someone tries to steal from them. One thing is to work, even if you don't have to, but to understand that the result of your work is yours. It is a completely different proposition to enslave someone just because they can survive without keeping the results of their work. Practically speaking, if someone sees this type of attitude, they choose a different jurisdiction to do their work, where there won't be such blatant abuse.

Comment Re:working (Score 1) 23

I am talking about Bezos in the exact sense, that as any developed human individual, he needs to feel useful, which is what motivates him, because clearly it is not money that is his motivation. You added the 'virtuous' part, which is why you started on the path of class division. I did not prescribe a moral aspect to his behavior, only the fact that he is moved to do more than just enjoy his leisure, this has no relation to him being virtuous, this has to do with him losing himself without work.

Comment Re:working (Score 1) 23

we are talking about different things. You are talking about class division, all of this, I am talking about a person who does not have to work and yet he does it because he wants to, yes, but personally for him there is nothing to be gained except more headache, it is not about earning more, it is about doing something with yourself.

I am saying that doing something is an important part of living, doing something useful, where you feel useful, this is what this example shows.

Certainly, if you worked as an office cleaner most of your life, probably you will not be missing that work if you were able to get a pension and stop working, but I think you will still be missing the entire aspect of being useful in a wider sense of the word.

I think what makes us people is desire to be useful, doesn't matter how much money you make. I think people who do not have that desire are actually less than developed people.

Comment working (Score 2) 23

Just shows that there is no amount of money that replaces some sort of meaning in one's life. Bezos will treat any business correctly, obviously he will be looking for maximum efficiency, which is not easy to do when you are a billionaire, after all, any issues that can be sold by throwing money at it he can really solve this way, which may be the wrong approach for a new business that needs to become useful by standing on its own 2 legs.

But it is just interesting to observe, a guy with all the money and access, he still wants to spend time working rather than enjoying yet another sunny day on one of his yachts.

Comment Re:Stable Coin (Score 1) 62

No. Economy is movement of value, not of money. That's just speculation.

As little kids in a socialist country, we got fed the following tale:
Heating fuel in a mining town was very expensive. So the protagonist took a cart and a friend, went to the other side of a forest to buy wood cheaply, and with much effort, hauled it home. When asked why he won't haul another load and sell it at home, the guy answered: "I'm a worker not a speculant".
Abstracting from the nonsense of the price difference of wood being so high on two sides of a forest, the commies who produced this piece of propaganda inadvertently produced a nice example why trade is good despite not producing something by itself: the value it creates comes from moving goods to where they're appreciated (ie, needed).

Thus: economy is the movement of value (goods, services) between different owners who value those goods and services differently.
On the other hand, movement of money or similar tokens (eg. a wash trade) isn't valuable by itself.

Comment Re:Stable Coin (Score 1, Insightful) 62

If inflation is not a tax, then where does the value of newly printed or fractionally lent money come from? Money has no intrinsic value, it's a mere token -- if you add more tokens, the value of every existing token is suddenly lowered.

People not spending money is bad... how? This doesn't slow the economy any, nor does it freeze any value -- all it freezes is some _money_. Any money that's temporarily out of circulation increases the value of any actual assets that are in use.

As for borrowing costs, you got that reversed: if there's inflation, borrowing gives you an advantage by having the real cost decrease as time goes. With deflation, you need to actually pay to borrow.

Comment Re:Stable Coin (Score 1) 62

Yet the world's average inflation goes around 5%, not 1%. Surely, they wouldn't be so incompetent if they meant it?

They don't claim that an inflation of 20% is good, indeed -- but only because with the economy hurting so much even financial institutions can't reliably make money. But, their claim is that any deflation, even of 1% or lower, is worse than a runaway inflation. And that's pure bullshit.

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