Monday, April 13, 2020

Podcast Episode 19: Organizing

A place for every thing and everything in its place -Benjamin Franklin
Start big picture. Instead of finding a specific place for everything find a home for categories of things. Food in the pantry, dishes in this cupboard, pots and pans in this one.
Once you have the basic areas for things you can start to organize each area more specifically. Canned goods here, fresh stuff there, etc
No point in starting with the specifics when often you end up changing it all around anyway.
When organizing an area, make sure that you only get out enough stuff that you will have enough time to put it all away.
Ask yourself if it’s worth finding a place for the thing/storing it. If not, decide if you want to sell it, recycle it, give it away, or throw it away
Have a place for homeless items
Pick one area and anything that is not in its home:
If it has a home, put it there
If it doesn’t then if you can think of one in less than 30 seconds then do that and follow step 1
If you can’t think of a place right away, put it in the homeless area.
Make it easy to put away. If you want something, you will take the time to get it but if it’s hard to put away then you often just stick it somewhere
If you’re not sure where something should go, ask yourself “if I needed this, where would be the first place I would look?” Usually this is a good indicator of where it’s home should be.
The more frequently you use something the more convenient it should be to get it out. If you only need something a few times a year, you can put it in an inconvenient spot but if you use something every day it should be easy to get to.
If you use things together, think about putting them close by

Friday, April 10, 2020

Podcast Episode 18: Gum Chucks! The Best Way to Floss! (No Really)

Leave some feedback or ask a question

“According to the American Dental Association, you should floss at least once a day in order to maintain optimal oral health and prevent gum disease. If your gums are really healthy, flossing every other day or 3-4 times per week is fine. If you ever see any blood on your floss, just increase your frequency of flossing until any bleeding stops.”

Wednesday, March 11, 2020

Podcast Episode 17: Designing a Stable Currency (No Inflation or Deflation)

Purpose of Money (To store the value of our working time)
Attributes of a good currency
Hold Value
Problems with Inflation
Money loses value over time
Problems with Deflation
New users to the system are penalized
Hoarding is encouraged, potentially leading to a deflationary spiral
How to create a true stable coin (Match Supply with Demand)
Tie to the worth of human time
Money represents our working time so the value should follow human working time.
Design of System
Stable Coin - Tempus (Time)
Maintains stable value in relation to human work time
Users mint new coins by proving they are human and spending time
When new coins are minted, a percentage goes to shareholders.
New shares are created (5% annually) and sold for tempus that is burned
Increasing supply
Users mint new coins by proving they are human and spending time
For every new coin minted by users, a percentage is also minted and given to shareholders (or perhaps just used to buy and burn shares?)
Decreasing supply
Steady rate of burn (In theory, if there is a constant rate of burn then we should avoid the “death spiral”)
Inflate shares to buy and burn tempus
Proof of Human Work
Captcha market (I don’t really like this idea but it’s the best I’ve got so far)
captchas that prove you are human
Users are given a random captcha to prove they are human and mint new tempus
captcha developers get paid with bonds that mature at a later date (1 year?) and can be seized if the captcha is shown to be cheating the system
Bounties for discovering cheating users/ captchas
captchas must burn tempus to be listed/they must pay users out of pocket for an amount of time (1 Year)
Maybe try to determine the value by analyzing the fees people pay
Some other way to find how much people value their time

Monday, March 9, 2020

Podcast Episode 16: Easy Budget

Expenses that happen on a regular basis that you are committed to pay
Expenses that you know will happen but you're not sure exactly when or how much they will be.
Everything else
Take your income
10% for charity
10% for investing
Fund recurring items
Take 10% of what is left for reserve
The rest goes to discretionary income
Track your expenses and subtract them from your saving categories

Friday, March 6, 2020

Podcast Episode 15: Pick a Person

This algorithm is designed to select a random participant from a group by having each participant select a random number.
This allows for a decentralized and tamper proof way to select a random participant.
Following is a brief explanation:
Each Participant picks a number between 1 and the number of participants.
You then take the sum of the numbers and get the remainder after dividing by the number of participants.
The remainder is the participant that is selected. (remainder 0 is the last participant)
To see an example of a single round click here.

To run a test to see if the algorithm is truly random click here.

Wednesday, March 4, 2020

Podcast Episode 14: How Does Money Work?

A currency is simply a type of commodity that's use is facilitating trade
A good currency needs:
The ability to be transported easily
The ability to spend easily
The trust of people that it will hold value in the future.
You don't need to tie a currency's value to another commodity

Monday, March 2, 2020

Podcast Episode 13: How to Change Your Mind (and flat earth theory)

We all have opinions on how we think the world works
What are the chances that you are right with all of them?
Your chances will actually increase if you are actively changing your mind to be more correct over time.
Ask yourself, what would it take to change your mind
This opens you up to the possibility of being wrong
This doesn’t mean the you should change your mind all the time
Sometimes you are right, you just need to give equal weight to your opinion as to others’ opinions.
Just because you hear something new doesn’t always mean you need to change your mind right away
There are reasons people (or you) believed the things that they do. Take that into account
Sometimes the reason is ignorance. In this case when you learn something new it can change your mind
Most of the time there is a counter argument, find out what the counter argument is and the counter argument to that argument.
Most issues have been debated back and forth enough times that there are good arguments and counter arguments for each issue
Usually it comes back to where your worldview originates and what is most important to you.
Flat Earth Theory
What would it take? There would need to be a convincing set of arguments to explain the natural phenomena we experience.