Hacker Newsnew | past | comments | ask | show | jobs | submit | more _ae2r's commentslogin

Yes? You can open a bank account on almost any bank's website.

Even my local bank in town will let me open a business bank account remotely.


Not a business account though


You are wrong. I am in the process of opening a business account remotely.


In the process sounds very nice which bank? (and are you a US citizen or resident?)


I'm a US citizen. Banks are very nice when you know everyone who works there.


oh, I actually meant for non-residents


Open a bank account in your home country? Or is it destroyed by corruption and government greed?


>and it keeps the people of Africa as slaves to the first word countries.

There are absolutely people who are out to exploit the poor and uneducated, but you make it sound as if someone wants to enslave for the purpose of enslaving.


> but you make it sound as if someone wants to enslave for the purpose of enslaving.

I have no doubt in my mind that some people do want this.


>the supposed infiltration of Marxism into culture and ideas like White Privilege and Cultural Appropriation

You can't argue that "white privilege" hasn't infiltrated culture. An alarming amount of people have openly disparaged white people when talking to me, even though I am white myself.

If you're not white, it's almost socially acceptable to say "fuck white people" in cities like SF, NYC, and Chicago. I think it's horrible and I think Peterson is right.


Even in Columbus, OH this is acceptable and common. People would say this relatively frequently at a startup I worked at (where nearly everyone was white, except a couple Asians), in addition to making really lame “white people” jokes. The only person to ever call anyone out for this was our black chef. Probably because his views on race were based in realty instead of some dystopian political fashion. Well, that, and I think anyone else saying anything about it would have been immediately accused of being racist and probably given some sort of formal warning.


If you're not white, it's almost socially acceptable to say "fuck white people" in cities like SF, NYC, and Chicago

I'm sure Google, CloudFlare, PayPal etc will be shutting down that blatant hate speech too.


Those companies shouldn't be monitoring ideologies and morality.

If they want to do that, it's their right. But I will purposefully avoid companies that ban any hate speech. I've already cut ties with Google and it feels great.


Maybe that's the case, but I don't think white privilege and cultural appropriation are inherently Marxist ideas. A lot of Marxists actually reject them as revisionist attempts to bring liberal individualism and individual blame into class politics.


Yes.


>Being rich is risking losing your job in order to negotiate a better contract with your boss

If you have a 9-to-5, you're probably not rich.


The average household income in the US -- one of the wealthiest countries in the world -- is, like, $55k/yr.

If you've got some 9-to-5 job pulling down $80k/yr with no kids or dependencies, you're rich to a lot of people.


Being rich is having enough capital to escape the trap of wage slavery that is a 9-to-5. It is really hard to fathom the idea of money working for you instead of you working for money when $15/hour sounds like a lot of money though so I understand where "a lot of people" are coming from. However, raising the highest marginal income tax rates isn't raising taxes on the rich. It is raising taxes on the upper middle class - the most highly paid of the wage slaves.

The Micawber principle (from David Copperfield) comes to mind here: "Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds nought and six, result misery." 20 shillings to a pound, 12 pence to a shilling, so the difference between happiness and misery is a single shilling (or 1/20 of a pound).


Remember hearing Dave Ramsey (who probably got it from someone else) saying that when your money makes more than you do, you're officialy rich. There might be something to it.


You obviously missed the point of the GP


Yeah, didn't read it. Came straight to the comments to see all the righteous, selfless technocrats on HN tonight.


You're basically trolling this thread. Would please not do that, and please stop posting unsubstantive comments to HN? We're hoping for a higher quality of discussion than that, and need all the help we can get.


>He could face up to seven years in prison, as well as fines from $40,000 to $400,000

That's bullsh*t. He's taken off well more than seven years of people's lives and he's made well more than $400k in performance bonuses.


And he won't get the maximum fine.


Honestly, I don't understand why everyone trashes Coinbase.

I work very closely with numerous crypto exchanges for a living (I write code which interfaces with them). Outside of work, I've personally chosen to open a Coinbase account and trade on GDAX.

Coinbase is, in my opinion, the most reputable exchange out there by far.


I generally agree here, but 1. their buy/sell ACH fees are insane, 2. They're always the first to go down in those high panic button situations that have been happening every other week since may. FWIW, Kraken may require a wire, but my money always gets in the exchange for $5, and site is more reliable... the fees are 80% cheaper.


> their buy/sell ACH fees are insane

It's a form of price discrimination. Only ignorant end-consumers pay the crazy broker fees. Anyone slightly sophisticated deposits USD via ACH (nearly free) and then transfers to GDAX and does their trading there (0-0.25%).


> and trade on GDAX.

So you don't trade on Coinbase yourself?

Edit: It's almost they have one exchange for ppl who know what they're doing, & one to fleece noobs (3.9% on BTC/USD. I think).


Well, at least they have the best appearance.

As in, UX, UI, Docs, APIs, service design etc. are all top notch. Which would make it probable (but not certain) that the more technical parts are well engineered too.

Coinbase is doing perhaps something similar to what Stripe did for its field of business.


What about the crashes a little over a month ago? BTC and ETH crashed hard for a few weeks in a row and Coinbase was constantly down, stopping anyone from buying or selling.

It was a real problem.


People trash Coinbase because they deserve it: they are a disgrace. You can wait not for days, but for months without a response to support tickets. No company that is unable to communicate with its customers should be holding money on their behalf.


What do you work on that does that? I'd love to learn more. zain at za1 dot co


This is going to get so destroyed but HFT strategies. A million already come to mind.


How so? HFT generally provides liquidity and is arguably a good thing, for people wanting to execute infrequent trades, on otherwise thin volume markets.


Not saying all firms do this, but I immediately thought of malicious tactics like spoofing.


Market manipulation is already happening on crypto exchanges. It's much easier to manipulate a currency when the volume is thin.


>as opposed to offering an exploratory period of life that is college (socially and intellectually),

To me, college has been the opposite. Most people I know feel restricted to getting a 9-to-5 job and are very stressed about how much they will make compared to their peers.

Nearly all of the depressed people I know feel very restricted. They feel as though they cannot get out of their situation in life. I think this is only bolstered by the enormous debt and time investment that comes with going to college---one or two small decisions (perhaps going into economics rather than stats, or going into chemical engineering rather than computer science) can lead to major regrets a few years down the line. These people feel trapped and full of regret. They don't know what to do.

Stepping aside and exploring opportunities that don't funnel you through a massive rat-race can be the biggest relief.


>The system only has 25^5 states

Not true. The problem is in one-to-one correspondence with the non-negative solutions to

a + b + c + d + e = 25

which is in one-to-one correspondence with the positive solutions to

a + b + c + d + e = 30

which is a simple counting problem---(29 choose 4) = 23751.

In my opinion, you should really try to prove your math to yourself before answering with such an authoritative tone.


I guess what sounds authoritative is that I'm using jargon while trying to explain the jargon at the same time, as if I knew what I was talking about. I've since edited my comment. I know it's stars and bars, but I keep messing up the count. Anyway, it's a finite amount, it's not huge, and your count is wrong too by a sister comment. :-)


I agree with your point. :-)

Why is my solution incorrect, though?

* Oh, I see why my solution is wrong. It's never the case that one person has all the money. I should take some of my own advice.


Counting is just very difficult. You can easily be off by orders of magnitude and not even recognize it.


One player can't get all the money as they have to hand out a dollar every turn and they can't receive all the money on the same turn.

23751 - 5 = 23746


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: