Hacker News: tony69

New comment by tony69 in "Google to pay SpaceX $920M a month for compute capacity at xAI data centers"

tony69 — Sun, 07 Jun 2026 04:12:57 +0000

There’s TIPS ETFs

New comment by tony69 in "Google to pay SpaceX $920M a month for compute capacity at xAI data centers"

tony69 — Sat, 06 Jun 2026 16:46:40 +0000

Plenty of hedged equity funds out there. Trade some performance for peace of mind.

New comment by tony69 in "Google will pay SpaceX $920M per month for compute"

tony69 — Sat, 06 Jun 2026 16:43:54 +0000

Yes. That’s what passive investing is. You give money to the passive fund, the passive fund buys the market. No regard to price or any other metric.

New comment by tony69 in "Squillions: How money laundering won"

tony69 — Tue, 02 Jun 2026 06:42:16 +0000

In Italy, it’s illegal to pay in cash anything over 5000 euros

New comment by tony69 in "The dead economy theory"

tony69 — Sat, 30 May 2026 14:01:33 +0000

I’m not sure what the justification is, but I assume it’s some flavor of “so index fund holders don’t miss out on returns”. It’s crooked because index inclusion drives massive flows at any price. SpaceX understands this and with so much money on the table probably exerted influence (maybe the big AI players contributed too). Passive funds don’t care about price (quite the opposite, they reward higher market caps in a feedback loop). But with an IPO, you’re supposed to let the market have some time to find the right price. Not to mention the changes related to profitability rules etc.

New comment by tony69 in "The dead economy theory"

tony69 — Sat, 30 May 2026 05:47:43 +0000

In big tech’s case it’s mostly to offset massive stock compensation of executives and insiders

New comment by tony69 in "The dead economy theory"

tony69 — Sat, 30 May 2026 05:46:02 +0000

Yes, but it was done for spacex and it’s crooked

New comment by tony69 in "How to convert between wealth and income tax"

tony69 — Fri, 22 May 2026 20:41:15 +0000

By “raising death taxes”, I meant comprehensively, eliminating loopholes, as the sources I linked discuss more at length.

Re: irrevocable trust, a cursory search revealed no legitimate use case imo, all use cases I see are proxies to skirt taxes or hide income/wealth. What would you consider a legitimate use case for one?

Your point re: case law is well taken, but per [2] up until a few decades ago there was a cat-and-mouse game between laws and tricks regarding inheritance wealth transfer. This stopped and it’s easier than ever to transfer > 10M tax free at or death, which has massive implications for wealth inequality.

That said I agree it’s extremely unlikely and have no hope that any of this will change.

New comment by tony69 in "How to convert between wealth and income tax"

tony69 — Fri, 22 May 2026 15:59:32 +0000

Wealth tax is highly impractical. Very high and inescapable death taxes is what we need. Like 80% after an initial exemption amount. https://www.yesigiveafig.com/p/the-summer-slide-part-3-the-t... https://m.youtube.com/watch?v=mX5U5DNUfBc

New comment by tony69 in "How Monero’s proof of work works"

tony69 — Mon, 04 May 2026 15:22:36 +0000

Broken Money by Lyn Alden is a good book on the topic

New comment by tony69 in "Ferrari vs. Markets"

tony69 — Sun, 01 Feb 2026 06:25:30 +0000

.74 is pretty weak for a correlation, and correlation is already mostly meaningless on its own

New comment by tony69 in "Computer History Museum Launches Digital Portal to Its Collection"

tony69 — Thu, 29 Jan 2026 04:39:26 +0000

The picture of the 4004 and 8008 are super low res

New comment by tony69 in "When UPS charged me a $684 tariff on $355 of vintage computer parts"

tony69 — Sun, 16 Nov 2025 04:56:17 +0000

Our business got charged a 200% tariff on a UPS import from Japan, completely incorrect. The dispute is taking much longer than OP’s. Either UPS doesn’t know what they’re doing, or they willfully charge higher fees, or maybe they’re just understaffed from the massive layoffs they did to try to save their stock price.

edit: as a biz you (we) should use a legit import broker instead of UPS. But individuals like OP are stuck with no option.

New comment by tony69 in "Norway reviews cybersecurity after remote-access feature found in Chinese buses"

tony69 — Wed, 05 Nov 2025 22:00:39 +0000

He is describing how bidding for publicly funded projects fails, because the bidding process designed to avoid corruption has been poorly designed (or corrupted by lobbying) such that it effectively sidelines honest and qualified bids. I would say this is a typical outcome with well meaning bureaucrats in a democracy, not capitalism

New comment by tony69 in "Futurelock: A subtle risk in async Rust"

tony69 — Fri, 31 Oct 2025 22:28:14 +0000

Stack allocation/deallocation does not fragment memory, that’s a yuge difference for embedded systems and the main reason to avoid the heap

New comment by tony69 in "Most expensive laptops"

tony69 — Tue, 21 Oct 2025 14:20:41 +0000

Nice. In california it’s $800/yr

New comment by tony69 in "Sleeping beauty Bitcoin wallets wake up after 14 years to the tune of $2B"

tony69 — Sat, 05 Jul 2025 07:12:29 +0000

You would’ve sold it way before it became FU money

New comment by tony69 in "Schizophrenia is the price we pay for minds poised near the edge of a cliff"

tony69 — Sat, 28 Jun 2025 22:40:23 +0000

In Europe this (some rec drugs bring out latent schizophrenia) is taught in med school as a “known fact” (source: psychiatrist friend) so it’s well beyond “starting to seem”

New comment by tony69 in "RFK Jr.: HHS moves to restore public trust in vaccines"

tony69 — Tue, 10 Jun 2025 05:55:51 +0000

*I Promessi Sposi (spelling)

Astronomers claim strongest evidence of alien life yet

tony69 — Thu, 17 Apr 2025 06:59:38 +0000

Article URL: https://www.newscientist.com/article/2477008-astronomers-claim-strongest-evidence-of-alien-life-yet/

Comments URL: https://news.ycombinator.com/item?id=43713881

Points: 12

# Comments: 3