mnaei | 3 years ago | on: South Korea has the lowest fertility rate, with lessons for us all
mnaei's comments
mnaei | 3 years ago | on: For every 10% increase in the housing stock, rents decrease 1%
Aren't network effects the whole idea behind cities?
mnaei | 3 years ago | on: An Update on USDC and Silicon Valley Bank
Over the last 24 hours USDC had a low of $0.85 at 3 AM EST to a high of $0.98 at 3 PM EST.
I wonder how many startups would take a 2% - 15% cut to withdraw their money for short term expenses.
Is there a secondary market for deposits at banks? Like a Silicon Valley Bank Stable Coin (Probably would have been called a Silicon Valley Dollar before 1913)
mnaei | 3 years ago | on: Wtfdoesthiscompanydo.vercel.app
"ignore previous instructions" seems to be the new SQL injection. We might need a new library to sanitize these requests.
mnaei | 3 years ago | on: Tether Required Recapitalization in May 2022
Keep in mind that the relationship here is non-linear. A small de-peg signals a large imbalance of funds.
This non-linear relationship is literally programmatically hard coded in the case of money markets such as curve.fi
Currently the largest money market pool (https://curve.fi/3pool) it has a 5:1 USDT:USDC imbalance. In dollar amounts, the pool contains $1b USDT and $0.2b USDC.
This 5:1 imbalance only gives way to a 0.1% de-pegg.
In the past the balance used to be perfectly 1:1 USDT:USDC. The fact that a multi-million dollar arbitrage opportunity still exist is worrisome.
mnaei | 4 years ago | on: JPMorgan's Dimon blasts Bitcoin as 'worthless', due for regulation
Here is one perspective on Bitcion: In a world where abundance is abundant (every day we have more cash, cars, etc..) scarcity by itself could manifest value. As per law of supply and demand.
mnaei | 5 years ago | on: Intel to Build Silicon for Fully Homomorphic Encryption
They are quantum resistant; as far as we know.
mnaei | 5 years ago | on: Emotional resilience and burnout in leadership
> I’m now reading a book on the impact of trauma on psychology
It would be wonderful if you are able to share the name of the book. I am interested in giving it a read.
mnaei | 8 years ago | on: CoinDash’s ICO Website Has Been Hacked
Check out my project, it should solve the problem you mentioned. The goal would be to stabilize the price of Ether on the blockchain so the Ether can be sold off slowly without moving the market.
Its essentially a cryptocurrency risk management system where one user takes on all the profit/loss of cryptocurrencies price change so that other user (fund) pegges their wealth to USD
https://medium.com/@mnaei/are-you-selling-50-of-your-cryptoc...
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In the past, children served as a safety net for their parents in old age, as parents devoted much of their lives to raising them. However, in a world with a significantly inverted population pyramid, adult children may be responsible for supporting numerous elderly citizens through their taxes. This could potentially leave them unable to provide additional assistance to their own parents. On the other hand, those who chose not to have children could enjoy the benefits of compound interest accrued over 18+ years.
This situation creates a negative feedback loop. As the population declines more rapidly, the population pyramid becomes increasingly inverted, placing greater strain on younger generations to support the elderly. This further exacerbates the economic challenges of having children, as they will be required to work harder and longer hours to sustain the economy.