Comment by mmasu
9 hours ago
yesterday in an article here on HN i read a wonderful dutch proverb:
“trust arrives on foot and leaves on horseback”
seems it’s applicable to this case too. Sad to see decades of work being tore apart in a few months.
9 hours ago
yesterday in an article here on HN i read a wonderful dutch proverb:
“trust arrives on foot and leaves on horseback”
seems it’s applicable to this case too. Sad to see decades of work being tore apart in a few months.
Where does money land on that proverb?
Meaning people have very short term memories when some sort of financial incentive is inserted.
Trust is something you can give a price to.
The higher the risk of e.g. a loan, the more interest it has to pay out to be worthwhile. The exact amount* is, as I understand it, governed by the Black–Scholes model.
* probably with some spherical-cows-in-a-vacuum assumptions given how the misuse of this model was a factor in the global financial crisis.
Well, ask yourself where'd it get the horse