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Cake day: June 14th, 2023

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  • The whole history of compound interest is quite fascinating. Early arguments for it are that seeds and livestock are capable of reproducing and multiplying themselves. If I lend you a handful of seeds and a year later you give back the exact same size handful, I have lost a whole year’s production I could have gotten out of those seeds.

    Furthermore, assuming you actually planted the seeds instead of tucking them away in a drawer somewhere before giving them back later, those seeds produced a crop for you. This crop you could harvest and sell or feed yourself or your family or livestock. You could even save seeds from the harvest and pay me back the handful while keeping even more seeds for yourself. So by lending you seeds interest-free I’m essentially giving you a gift of harvest potential as well even more seeds in the future, at my own expense. Thus is the time value of money.

    From this initial seed of an idea grows a huge amount of the financial system.











  • I don’t think so. Ukraine has been gearing up its domestic arms industry all war long. They may suffer a big setback if the US withdraws all support but I think Europe has shown a lot of indications that they will step up. Ukraine is digging in for the long war.

    I also think it’s possible that Trump may get impatient with Putin if he’s unwilling to compromise (and all indications are that he will). Furthermore, the domestic problems that drove Putin to invade in the first place have not gone away. If anything, they’re worse than ever. If Russia finds itself without a war then domestic disputes between different factions will begin to heat up again.


  • Note that this really only affects researchers/historians who were hoping to have a copyright exemption for controlled digital lending. This would let them virtually borrow a copyrighted retro game ROM file (from an archive such as the Internet Archive) and play it via emulation through the browser. I have actually played a few retro games on IA using their browser emulator and while it is playable it wouldn’t be my first choice.

    For retro game enthusiasts who weren’t aware of these browser emulators not much will change. You still have the same exemptions covering abandonware for personal use and for playing multiplayer games where the publisher has shut down the servers. No, you’re not entitled to the publisher helping you run those games but you are protected if your goal is to reverse engineer the game code in order to create your own fan-made server. Several old multiplayer games have open source servers for this!

    Also if you’re playing on original hardware then of course you’re still fully in the clear to buy used cartridges, make backups of them, play them all you want. Yes, some rare are super expensive but a lot of that stuff is due to people collecting sealed and graded games which really has nothing to with actually playing games. You’re not going to spend thousands on a sealed game and then crack it open to play it when you could just buy an open copy for far cheaper or even download a ROM for free.

    Anyway, yes, these publishers are idiots pushing out crap games we don’t want to play. That’s fine. If their goal was to kill retro gaming to try to force us to buy new games then they’re still a thousand miles away from that!


  • No no no. The burden of proof is on you to show that people are actually tipping more. The article said that people reported seeing prompts to tip in a lot more places and many people have said tipping is out of control but no where did it give any data to show that people are tipping more.

    I personally don’t tip in any of the new tipping situations. I don’t tip at retail checkouts or restaurant takeouts. I still tip when it’s sit down service and the server is nice, attentive, and punctual (and more if they’re really friendly).

    I have heard from the “tipping is out of control” crowd in my local restaurant discussion group and some of these folks have reacted so negatively that they swore to never tip again. I have no way of tracking these people to see if they keep their promise and I kind of doubt they would refuse to tip a really nice server at a sit down restaurant. However, I would be really surprised if these folks were actually tipping more than they used to before all the tipping prompts showed up on credit card terminals.


  • The complexity of the world is spiraling upward at an exponential rate. A 6th grade reading level was just fine and normal when my grandfather was a young man. Today, if you’re struggling that much then you’re lucky if you can keep a roof over your head.

    A lot of people now say this is proof that we need universal basic income, free education, health care, public housing for all. I live in Canada where we have some of these things. One of our biggest ongoing political fights is over the issue of how to pay for these things. Tons of people fight against pay raises for teachers and blame teachers for all our problems. Teachers are actually pretty well paid here in Canada, compared to the US.

    The other issue is immigration. The more services you get provided by the government, the more of a strain you put on the immigration system because everyone wants to move to your country so they can take advantage of those benefits. On the other hand, the way the US used to be (prior to the 20th century), there were no real social benefits to speak of and so everyone who immigrated had to work and benefit the economy. The US had no restrictions on immigration back then.

    The thing I fear most with what has been called The Great Decoupling and the rise of a basic income state is this: the resource curse. Some of the most regressive, brutal, backward countries in the world are also those with the largest decoupling between workers and wealth. Historically these have been resource exporters such as oil and gas and mineral countries.

    It’s a tragic reality of life that if people are deemed unnecessary for the productive functioning of the economy then they will come to be seen as politically and socially unnecessary. Then these people are extremely vulnerable to domination by a brutal elite.

    If our society goes that way and we end up with a two class system with a small number of vastly wealthy capital owners and a vast number of unproductive basic income recipients then I can’t see that situation remaining stable without some brutal repression.




  • I’ve seen this repeated a bunch of times but it seems to be an opinion predominantly held by Brits who played Terranigma growing up. I don’t understand it, as I played Illusion of Gaia growing up and love the game dearly (and have replayed it many times since then) but I’ve played Terranigma multiple times and lost interest not long after passing Bloody Mary. The game has gorgeous music and graphics (especially the two world map themes and the early areas) but the story didn’t engage me like IoG.