Silk Road has been gone for a long time. At this point I would guess that 75% of the volume of BTC movement is from speculators. That's probably conservative.
This is a strange attitude to have. The prize was specifically designed to highlight the work of promising young Mathematicians so why is this an issue? It would be like complaining that the Little League World Series is ageist because it doesn't allow older competitors. Besides there is also the Abel Prize which is equally if not more prestigious, is open to any living Mathematician and has a far more substantial monetary prize attached.
This seems better to me than the Nobel Prize where it may take Decades for your work to be recognized and is kind of a nice retirement gift for old academics. The Fields though can forever change your career trajectory when you win it.
Absolutely. I'm sure a place that hell-bent on equality and fairness would never allow themselves to be hypocrites by not practicing what they preach. /sarcasm.
Maybe not SV, but being an economic migrant who currently works as an independent contractor with a foreign company, I'd want to say that at least in my and my peer experiences, it's far easier to traverse the cast system in an upwardly manner when working in the tech sector than in most other sectors. Of course, knowing people will always be beneficial, as in any situation in life, but for instance in Marketing, you either know someone or have an exceptional portfolio, or you've got the exceptional experience that means that people know you.
Pro sports is a weird one... I follow American football and over the years I've seen various players who by all accounts have the talent, but for whatever reason have short careers, don't get much playing time, etc. I remember watching this running back a few years ago, where every time he got on the field would get 7+ yards at a time, but the team only sporadically put him on the field, let alone gave him the ball. Likewise, there are plenty of players who get on the field because they were a first round draft pick and thus the team has a lot riding on them financially - which may or may not actually pan out. So while yes, professional sports are mostly about merit, I'm not sure we can say that's the only thing at play.
Never said it was. But the implication was that Sports are more meritocratic than Tech. You don't win MVP of your league through Nepotism but you could easily get $20M+ in VC funding that way.
And likewise, my point wasn't to put words in your mouth, but rather to implicitly agree that nepotism (or something like it) manifests even in something seemingly so merit-oriented as pro sports.
This is from memory, but baseball scouts historically rely heavily on athletic appearances (what they think a good pitcher, hitter, etc looks like), more than hard stats.
Wasn't the whole point of Moneyball that the A's were able to perform far above their level and salary cap based on evaluating players on hard stats and not appearances? Not sure what your point is.
