Why, statistically speaking, cryptocurrencies are for losers.
”The problem here is that the amount of actual money you can get out of a cryptocurrency equals the amount of actual money that has been put in, minus the actual costs of mining. So the big picture is that although there may be winners, in aggregate the system loses money.”
https://blog.dshr.org/2022/02/ee380-talk.html
Story time!
If you follow Dutch news, you probably heard of a big scandal with the tax office.
It boils down to discrimination and racism towards citizens with a double nationality The consequences of the discrimination were often catastrophic. The previous Dutch government resigned on it.
The scandal reminded me of a manager at a financial institution.
The manager (year 2015, before GDPR) was interviewing for the department I was in.
One of the questions I asked was about integrity. Could they recall a situation in which they did the right thing, regardless of outside pressure.
“Oh yes, a couple of months ago, somebody from the mortgage department came in, asking if we could associate countries with last names.”
“I said we could, but why? His answer was: people from certain countries default more often on their mortgage. The company could benefit greatly from such a model.”
“Well, in that case go f* yourself”
(They didn’t use the f* word, it’s a poetic license).
That no allowed thousands of people to buy a place to live.
That no saved the company from the public shame the Dutch tax office is going through right now — and probably millions in claims!
Companies can do great things with data. They can also do awful things with it.
The difference between the two is drawing a line and saying no.
Learn to say no.
It’s a typo! Not a threat, but a treat!
https://mashable.com/article/meta-threatens-european-facebook-instagram-shutdown
What do you do when you have a stellar team and a week to learn anything?
I love that Apple basically blocked ad tracking on its devices.
A nice side effect?
Shaving as much as $10 billion per year off Facebook revenue.
I still consider FB to be akin to a criminal enterprise, so anything limiting their power gets a big thumbs up!
Data Literacy will be the divider between successful companies and the rest.
You either hire people that are data savvy, or you promote data literacy through dedicated programs.
I was doing some math with my son and I wanted to highlight the power of compound (the greatest force in the universe, according to fellow physicist Albert Einstein!).
He then asked me where can you get a 10% interest rate.
I’m so glad my new Birckenstock are vegan, in case I lose a bet and have to eat my shoes
LinkedIn is drunk if it thinks a secretary is similar to the Chief Scientist at the European Food Safety Authority (EFSA)
(the other recommendations are just as bad)
The future of remote work is written. Good writing is the secret skill to succeed in a remote working environment — where your team and your customers are (partially) remote.
[Fun fact: I never met face2face our 2 largest customers of 2021]
Why do people do it poorly?
To be quick, or because we don’t think it’s important.
I often find myself trapped writing
focused on what kind of questions you can use to uncover needs
instead the equivalent but better
focused on the questions to uncover needs
What’s your experience here?
https://increment.com/remote/future-of-work-is-written/
