Best of Finance — December 2024

1. 1
   Article

   Hacker News·1y

   my second year without a job

   The poster reflects on their second year without a traditional job, having initially quit due to personal reasons with $80K in savings. They describe their year’s journey, including financial challenges, collaborative entrepreneurial projects, maintaining mental health through co-living, and indulging in hobbies like music and sports. The individual acknowledges the setbacks but focuses on the positive experiences gained, aiming for personal growth and sustainable success in the upcoming year.

   173

   15
2. 2
   Article

   Planet Haskell·1y

   Normal People Shouldn't Invest

   Inflation erodes the value of fiat money over time, leading to limited options for preserving wealth. Traditional saving options offer minimal protection against inflation, and investing in stocks or cryptocurrencies can be risky and stressful. The author argues that Bitcoin presents a better alternative by rewarding low time preference and saving, without the stress and risk associated with traditional investments.

   29

   10
3. 3
   Article

   Ayende @ Rahien·1y

   Isn't it ironic: Money isn't transactional

   The author, who works on transactional databases, finds it ironic that there are no real-world transactions for money transfers, highlighting inefficiencies in the banking system. They share an example where a payment remained pending despite the recipient confirming receipt, providing insights into historical banking methods and distributed system design.

   20

   2