- You were downvoted for some reason I can't fathom, but I agree with you.
It's not an extinction level event (not for humans anyway, it may well be for many other species.) It's not a candidate for the great filter.
There will be migration, but over centuries, not a sudden exodus. There may be wars, but what's new.
- I agree, it's worth doing everything we can.
But it's also clear, it won't be enough. Emissions are not only still increasing, they likely won't stop increasing in my lifetime (in the next 50 years.)
We must adapt. The earth is going to get a lot warmer, and wetter in some parts, and drier in others, and sea levels will likely keep slowly rising for many centuries to come, if not millennia.
- Why do you blame Trump for the shutdown? Isn't it caused by Congress basically failing to agree on a funding continuation? (I think it's been ages since they could actually go further and agree on a budget). Government shutdowns are common under both Republican and Democrat administrations.
You can say he refuses to compromise, but clearly so does the other side, hence the impasse.
- Disagreeing with this:
> Or you could end up getting margin called
That's not how puts work. The premium you shelled out when you bought them is your maximum loss. You won't get margin called if you paid cash.
Unlike shorts the losses are limited, but you also have to time it correctly. Theta decay hurts.
- These are puts, you buy them, they have a fixed expiration date at which point they will be worthless if the price is above the strike price.
Fixed down side, upside is $100 per contract per dollar the stock is below the strike at expiry. You can also sell them before then, and price depends on time to expiry, volatility, and distance to the strike price. See Black-Scholes model for more info.
- I’m not asking if it makes sense, I’m simply pointing out that by that measure this is much less extreme than 2000. As I stated, I think we’re in a bubble, so valuations won’t make much sense.
If you have a better measure, share it. I trust data more than your or my feelings on the matter.
- Nvidia has a trailing PE of 50. Cisco was 200 At the height of the dotcom bubble.
Nowhere near that level. There’s real demand and real revenue this time.
It won’t grow as fast as investors expect, which makes it a bubble if I’m right about that. But not comparable to the dotcom bubble. Not yet anyway.
- If we’re both willing to pay that in a free market economy, then we both leave the deal happy.
Things are worth what people are willing to pay for them. And that can change over time.
Sentiment matters more than fundamental value in the short term.
Long term, on a timescale of a decade or more, it’s different.
- The same way the stock market invents a trillion dollars of fake wealth on a strong up day?
That's capital markets working as intended. It's not necessarily doomed to end in a fiery crash, although corrections along the way are a natural part of the process.
It seems very bubbly to me, but not dotcom level bubbly. Not yet anyway. Maybe we're in 1998 right now.
- > They just use the name for promotional/aspirational purposes. Which feels incredibly icky.
The aim is to be compatible with sqlite, and a drop-in replacement for it, so I think it's fair use.
> Also, this is a VC backed project. Everyone has to eat, but I suspect that Turso will not go out of its way to offer a Public Domain offering or 50 year support in the way that SQLite has.
It's MIT license open-source. And unlike sqlite, encourages outside contribution. For this reason, I think it can "win".
- This is ignoring the elephant in the room: SQLite is being rewritten in Rust and it's going quite well. https://github.com/tursodatabase/turso
It has async I/O support on Linux with io_uring, vector support, BEGIN CONCURRENT for improved write throughput using multi-version concurrency control (MVCC), Encryption at rest, incremental computation using DBSP for incremental view maintenance and query subscriptions.
Time will tell, but this may well be the future of SQLite.
- Until the politicians want to come after you for posts you make on HN, or any other infraction they decide is now an issue.
History is littered with the literal bones of people who thought they had nothing to fear from the state. The state is not your friend, and is not looking out for you.
- In the case they gain access to my account, I agree with how you presented it. If someone emptied my account with info about me they could find in data breaches, that shouldn’t be on me.
If they gave a loan or a credit card to someone pretending to be me. That’s now on my credit rating and historically very difficult to undo.
- That's not true at all. The historic genocides I listed were apparent while in progress. The fact that after two years no genocide is apparent should make it obvious that no genocide is in progress.
That doesn't rule out one happening in the future, but why now? It's such a weak argument.
Don't be so quick to dismiss it, there could be a link.