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mmasu | 1 month ago

yesterday in an article here on HN i read a wonderful dutch proverb:

“trust arrives on foot and leaves on horseback”

seems it’s applicable to this case too. Sad to see decades of work being tore apart in a few months.

discuss

order

mlrtime|1 month ago

Where does money land on that proverb?

Meaning people have very short term memories when some sort of financial incentive is inserted.

ben_w|1 month ago

Trust is something you can give a price to.

The higher the risk of e.g. a loan, the more interest it has to pay out to be worthwhile. The exact amount* is, as I understand it, governed by the Black–Scholes model.

* probably with some spherical-cows-in-a-vacuum assumptions given how the misuse of this model was a factor in the global financial crisis.

balamatom|1 month ago

Well, ask yourself where'd it get the horse