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+ - Money and wealth: clearing up some serious misconceptions-> 2

Submitted by KDan
KDan (90353) writes "I am not an economist. However, most people misunderstand money and its purposes and uses so badly that I feel compelled to write out my understanding of it. Perhaps because I am not an economist, this might help some. The first and perhaps most important mistake people make is to confuse money for wealth. The more I earn, the more I realise that wealth is not money, but the ability to generate money (and other things of value). This is akin to the difference between saying "I am a dancer" (i.e. I have the ability to dance) and "I was a dancer" (i.e. I once had it but I no longer have it). Being wealthy is equivalent to the first statement, while having money is equivalent to the second."
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+ - How to escape from the corporate world into startu->

Submitted by
KDan
KDan writes "Today, right now, what is the best path out of the corporate world and into startups? What would I advise myself to do, 5 years ago, if 5 years ago was today? Running your own business is an entirely different proposition than working for someone else. There are lots of things you need to learn, hangups you need to get over, habits you need to form, in order to have a chance at being successful. This is the "startup escape path"."
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Books

+ - Take notes to supercharge your learning->

Submitted by
KDan
KDan writes "I've written before that you should take notes while reading advice articles. The more I've practiced this, the more I've come to believe that this is an essential learning tool (and one that I haven't been using properly for many years). The difference in learning between taking notes and not taking them feels, intuitively, like it's at least tenfold, maybe a hundredfold. If you don't take notes while reading a non-fiction, "teaching" book, you might as well not have bothered reading it."
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Moon

Earth May Once Have Had Two Moons 139

Posted by samzenpus
from the that's-no-moon dept.
AaronW writes "According to a story at space.com, Earth may once have had two moons. The smaller moon, estimated to be 750 miles (1200km) wide and only 4% of the mass of the larger moon, crashed into the far side of the larger moon which caused the features we see today on the moon. The surface of the far side of the moon is quite different than the side facing the earth, having a different composition and a much rougher terrain."
The Internet

+ - Remembering John Postel->

Submitted by
KDan
KDan writes "John Postel made significant contributions many of the key protocols and RFCs that power the internet (IP, TCP, etc). Of particular relevance today was his stance against US government control of the top-level domains: John Postel transfered the DNS root authority to non-governmental servers, but was overruled by Ira Magaziner, Clinton's science adviser, and forced to reverse the change.

In the current circumstances, this blog post is particularly relevant."

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Facebook

+ - What will kill Facebook?-> 1

Submitted by KDan
KDan (90353) writes "This question pops up regularly on Hacker News. What will kill Facebook? Before that, it was "What will kill Google?" Before that, on Slashdot, it would have been "What will kill Microsoft?" Often, the question is asked with a combination of rage and envy. The questioner doesn't like Facebook, they want it dead, and they wouldn't mind if they were the one who came up with something that killed it. Aren't entrepreneurs charming? However, the question is fundamentally flawed. It's the wrong question. It leads nowhere. The only company that can kill Facebook is Facebook. Here's why."
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Comment: Re:Anonymous Coward (Score 1) 356

by Seahawk (#33256030) Attached to: Blizzard Sues Private Server Company, Awarded $88M

Yes, they were using actual WoW data files, including player and enemy models, sound effects and all that. That is clearly infringing on copyrighted material.

If the server host had bought a copy of the game for each server, where is the copyright infringement? I know that there might be some EULA problems, if you live a place where those won't be laughed out of court, but I have a hard time seeing what is so bad here if the copy of the data files on the server is not pirated.

You can do more with a kind word and a gun than with just a kind word. - Al Capone

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