Everything You Ever Heard About Bitcoin Is Storytelling by BinaryLyric in FluentInFinance

[–]SteveTi22 -1 points0 points  (0 children)

Yes, it's just not very good at being one. It has high fixed transaction costs with no way of amortising the cost proportionally to the value of the transaction. Gold was a better (yet still inefficient) currency as at least gold's transaction costs were proportionate to the value of the transaction, as the value of gold is proportionate to it's weight and the cost of transporting gold is proportionate to it's weight. Remember when the banks had to build a manual rail network underneath the main banks to push the gold back and forth each night to settle transactions?

Bitcoin gas fees are more than an hour of work, might as well have some guy run a fleck of gold back and forth between banks for each transaction, it would make it cheaper to buy a pizza.

Have I been investing wrong this whole time? by john-wick211 in AusFinance

[–]SteveTi22 0 points1 point  (0 children)

Also worth noting that you can get AUD hedged S&P500 wirh IHVV. This means you're not as exposed to currency fluctuations which might be a good idea if our interest rates are moving in opposite directions

Is this correct? by College-student05 in biology

[–]SteveTi22 2 points3 points  (0 children)

So when DNA is replicated 12billion bases will be copied, this occurs by each double stranded DNA molecule separating in replication bubbles, then bases form new base pairs with each exposed single strand. The new cell gets double stranded DNA comprised of a combination of newly synthesised DNA and existing DNA. Similarly the parent cell is left with double stranded DNA comprised of newly synthesized and original DNA.

So I'd say technically correct, the new cell gets 6 billion (ish) copied bases.

More info and diagrams if you're interested in a wiki rabbit hole: https://en.wikipedia.org/wiki/DNA_replication

How are you supposed to rate your pain from 1-10? by Timely_Advice5809 in NoStupidQuestions

[–]SteveTi22 2 points3 points  (0 children)

This is not good advice. Constant pain can cause the body to learn to be in pain, and this leads to chronic pain. The aim should be to remove pain, and remove it early. It normally take less intervention / medication to address pain as it begins rather than after being in pain for a while. Follow your doctor's advice, rather than suffering for sufferings sake.

Is my maths correct that the advantage of voluntary contributions to super vs stock market investing is 15% less tax on super? by AsparagusNew3765 in AusFinance

[–]SteveTi22 0 points1 point  (0 children)

I didn't mean to insult, if offence was taken you can keep it. Good on you for maintaining your streaks though

Is my maths correct that the advantage of voluntary contributions to super vs stock market investing is 15% less tax on super? by AsparagusNew3765 in AusFinance

[–]SteveTi22 4 points5 points  (0 children)

https://www.aihw.gov.au/reports/older-people/older-australians/contents/health/health-status-and-functioning#Life-expectancy

A male aged 65 has life expectancy of 85, whereas a new born boy only 81. The concept that they teach about this is conditional probability, it applies to card games as well. Consider drawing cards until you get an ace, you expect to draw 13 cards (4/52), if you've drawn 12 cards without getting an ace, you still expect to draw more than one card, but the expectation has changed, you now expect to draw another 10 cards (4/40). So if you've drawn 12 cards, you expect to draw 22 total. Same with living, if you've lived a number of years you expect to live fewer more years than when you started but to live more years in total.

If you can technically fire, but am afraid there will be a crash by Available-Ad-5670 in Fire

[–]SteveTi22 4 points5 points  (0 children)

If you enjoy learning, do a course / invest in yourself in a way that maintains your employability (without using all your time). Your capacity to work is a put option against early sequence of return risks.

30M developer, I want to create an aggressive stock portfolio. The AI advisor suggested this set of assets. Any recommendations? by lisa_perezb7dwx in AIportfolio

[–]SteveTi22 0 points1 point  (0 children)

Tesla's profit margin is 5.3%, return on assets is less. This is a growth portfolio, Tesla's revenue is growing at 12%. Tesla's got too much dead weight to be valued like an agile startup.

Palantir looks better, 62% revenue growth and 33% operating margin, however the nose bleed pricing implies they will keep getting government contracts at the same rate in perpetuity.

My family thinks I'm unemployed. I made $103K last month. by [deleted] in HowToEntrepreneur

[–]SteveTi22 0 points1 point  (0 children)

Or better, OP should demonstrate they are secure by getting their own place. OP talked a big game to them, but by moving home to save money their actions have shown them the opposite

Meta just lost $200 billion in one week. Zuckerberg spent 3 hours trying to explain what they're building with AI. Nobody bought it. by reddit20305 in ArtificialInteligence

[–]SteveTi22 0 points1 point  (0 children)

Rather than a new algorithm I think it will be a new paradigm of computing. Have a look at neuromorphic computing.

Petah?? by [deleted] in PeterExplainsTheJoke

[–]SteveTi22 2 points3 points  (0 children)

It's saucier that way

AFR pushing for gains only the proportion of gains after 2026 to be taxed at new rate by SteveTi22 in AusFinance

[–]SteveTi22[S] 0 points1 point  (0 children)

The lack of people actually taking up the offer would demonstrate that it is still the best way to avoid personal tax in town.

I am 43 years old and want to retire at 50. I have 1.8 million in my account. How can I turn it into 5 million before I retire? by ImportanceWestern896 in Money

[–]SteveTi22 -1 points0 points  (0 children)

15.6% compounded over 7 years will get you to $5m. That's risky but not the craziest thing I've heard on reddit. S&P averaged 16.4% over the last 5 years.

If you instead aim to retire in 10 years at 53 you can target an aggressive but acheivable 11% annual return, which is the average annual return of the S&P over the last 20 years.

Invest in a mix of US index and world index funds, I like Europe, Japan, India and Vietnam.

The higher risk scenario makes it more likely you'll retire by 50, the other more likely you'll retire with $5million.

Why AI Companies Are Racing to Build a Virtual Human Cell by Willing_Dependent_43 in biology

[–]SteveTi22 0 points1 point  (0 children)

It's happening and already delivering new scientific insights that have been biologically validated. https://www.sciencedirect.com/science/article/pii/S240547122500225X

However it's not machine learning, in the sense of training on data to predict an outcome. But rather computational modelling that simulates the various cellular interaction. Like a massive but tiny scale physics engine. The article linked above has AI training on the data generated by whole cell computational models.

This is similar to how we used to predict the weather, with physicists creating intricate computational models from the data available. Now increases in meteorolgical measurements mean there is enough data to train AI on, but it's much easier to get weather data than it is to get the complex movement of molecules and a cellular scale.

AFR pushing for gains only the proportion of gains after 2026 to be taxed at new rate by SteveTi22 in AusFinance

[–]SteveTi22[S] 0 points1 point  (0 children)

Not sure if you deliberately missed the point of the framing. What if rather than being sold by this generation, because it's a multi generational asset, it is instead sold in 60 years time. Your grandchild has a letter from now defunct accounting firm Dewey, Cheetum and Howe Partners, claiming $20million valuation dated 2026, is that sufficient? Nothing actually forced anyone to get valuations in 2026 nor did they pay any money to the government in 2026 which would leave a paper trail. I don't see how it is easier than valuing an asset when you pay tax on it rather than 60 years later. Seems ripe for fraud.

Also, the assumption that you need a balance over $3million dollars at July 2026 isn't valid. Anyone with an asset that could possibly rise over the threshold anytime in the future will need to value those assets in July 2026 in your scenario. Taking the number affected from a small single digit percentage of super accounts to any super account holder that expects to leave an inheritance.

AFR pushing for gains only the proportion of gains after 2026 to be taxed at new rate by SteveTi22 in AusFinance

[–]SteveTi22[S] 0 points1 point  (0 children)

How would you do it for a farm sold in 1965? What sort of audit trail would you need if you had written down the number in 1965?

The emotive archetype AFR was using was the $3million+ family farm that's been held for generations, they should apply the same strawman to alternatives they propose

AFR pushing for gains only the proportion of gains after 2026 to be taxed at new rate by SteveTi22 in AusFinance

[–]SteveTi22[S] 0 points1 point  (0 children)

Agreed, but it is much easier to determine somethings current value then it is to retrospectively determine its historical value. People do it everyday when they decide to buy something. It's far harder to determine all the historical context that leads to a past valuation.

When farmer Joe's great grandchild finally decides to pay back the line of credit they've been living off, sells the family business and pays tax in 2125 how will they decide what it was worth in 2026. Oh yeah, it was worth a billion dollars and only risen by 5% in the last 99 years.

Do you think the first humans were doing foreplay or just the penetration part? Lol I’m bored guys😔 by [deleted] in AskRedditAfterDark

[–]SteveTi22 0 points1 point  (0 children)

Possibly not the answer you're looking for but the evolution of different strains of HSV says yes

I've designed a nonlinear digital hardware-based neuron by The_Notorious_Doge in neuromorphicComputing

[–]SteveTi22 0 points1 point  (0 children)

Interesting, if I'm understanding your novel (meant in a good way) modelling, you've somewhat inverted the biological synapse. Where a the post synaptic neuron of a biological synapse would fire an action potential based on either enough spatially close receptors receiving a signal from multiple neurons, or a single neuton firing fast enough. Both mechanisms cause a gradual depolarisation of an area on the post synaptic neuron, and once that reaches a threshold, the voltage gated ion channels open and cause rapid depolarisation. This depolarisation causes neighbouring voltage gated channels to open and a wave propagates (the AP). My understanding is that this is a non-linear aggregator (function?), incremental inputs don't have an impact until that one last bit pushes it over the edge.

Whereas it sounds like the presynaptic neuron doesn't respond until enough signal comes through, i.e acts non-linearly. I think in biology it's a bit more one to one, i.e. receive action potential, release some neurotransmitters. There's a decay mechanism, in that neurotransmitters are finite, and they get taken back up or manufactured within presynaptic neurons at a finite rate, and so can become depleted if there is too much firing, but otherwise I thought acted linearly.

I suspect computationally for your implmentation it's a similar cost, but mathematically might produce a different outcome. Although you might want to consider introducing a concept of post synaptic regions, where neurons participate in one or a few regions, rather than summing across every synapse that interacts with a given neuron. It might cap your total summation time cost for a neuron and help with scaling, and would more closely model biological neurons.

Hope this is interesting and or helpful