It's not deflationary though.

It is, by design.

If you mean to say it's not deflationary because there's a limited amount of it that doesn't technically decrease, that doesn't help.

First, Bitcoin does lose coins over time. When wallet keys are lost, or "dust" happens, that means that money can't ever be spent again. This is independent of the USD value.

Second, the economy can grow. Eg, if the population grows, or a factory starts producing more goods, then there's now more stuff per unit of currency. That's still deflation.

However, if everything else is inflationary then simply not inflating would be deflationary on a relative scale. It is a near zero chance that countries don’t keep inflation strong.

seems like some sampling bias. you're telling me 80% of men in the U.S. know's what a `parsec` is? seems high

Amazon also has this trick where they quote your total compensation with the built in assumption that $AMZN will appreciate by 15% per year.

When I went through the process, it was pretty confusing to understand but the gist is that they try to hit a total compensation of whatever your target is. And when they quote the total compensation of your salary 3 or 4 years in, they assume that the stock has appreciated by 15% per year. So 15% of your potential gains (compounding per year) of getting RSUs and exposure to Amazon stock is removed.

Anyone have a good summarization of the piece? I am not looking to get 28 pages deep into the argument

> If you accept the term "location based pay"

When did we ever get the choice?

When you accept an offer based on 'location based bay', I'd assume.

No, they are not consecutive. Possibly a botnet, but the IPs are pretty well geographically distributed

Botnets have no problem existing across many regions, this sounds like the most plausible scenario imho.

I just graduated college and am having similar thoughts (but think Bay Area instead of LA). It seems like a great idea but I know of few examples besides full-on communes. Do you know of any examples of living communities or living styles that fall somewhere between living on your own and living on a commune?

Look up online communities dedicated to Homesteading. There also seems to be a movement around "backyard chickens" (i.e. raising small amounts of livestock at an average suburban house).

So far I haven't come across any information on physical communities of homesteaders, although a local community seems like a necessity if you ever want to take a vacation again. Can't really leave crops on their own for very long without them dying, let alone livestock...

Check out co-ops. There was one near Uchicago, my friend lived there with 20 others, mostly not students. They had group dinners every night, cooked by housemates, and always had someone around to chat with. We used to hang there playing games and partying. The vibe was pretty hippie but if you dont mind that, I'd recommend it. The rent was equivalent to sharing a 3 or 4 bedroom but you got a lot more shared amenities and dinners to boot.