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Cake day: June 16th, 2023

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  • That’s not how compound increases are measured.

    We can use the compound interest formula for this.

    A = P * (1 + r) ^ t
    
    • A is the final amount.
    • P is the starting amount (the principal).
    • r is the rate (as a proportion, so 50% would be 0.5).
    • t is the time.

    To figure out the annual increase for the whole time we can plug in what we know and solve for what we don’t:

    7.25 = 0.25 * (1+r) ^ 80
    29 = (1+r) ^ 80 years
    1.043 = 1+r
    0.043 = r
    

    So that’s about 4.3% increase per year over the 80 years.

    Now we can see what we would have as minimum wage if it had continued over the past 15 years:

    A = 7.25 * (1+0.043) ^ 15
    A = 7.25 * 1.043 ^ 15
    A = 7.25 * 1.88
    A = 13.63
    

    So that’s a $13.63 minimum wage.



  • Maybe not. It depends.

    First, there is a long list of countries where you can deduct a lot of money from your salary if you pay tax in the other country. I think it’s like $90 thousand dollars now? So if you make less than that you don’t pay US taxes on top of your taxes where you are living.

    Second, for basically the same list of countries you can deduct your taxes paid there from your US taxes.

    The upshot is this only impacts countries the US empire doesn’t deem worthy (I don’t know which, sorry), or people who make a lot of money in low tax countries. I am told that both Switzerland and Japan fit that description.

    So if you make $150k in Saudi Arabia then you’ll end up paying US tax on most of that I think. 😄

    The US system of taxing their citizens abroad is unfair, but people living abroad vote in the last place they lived in the US, so they don’t have enough concentration of votes to matter. No politician is going to care if 0.02% of their constituents whine about unfair taxes when they have doners at home to appease.




  • i2p is a bit like Tor. Both are overlay networks, meaning that they use the “normal” Internet as their lowest layer. They use similar method of obfuscation using multiple hops.

    i2p doesn’t rely on special nodes, I think, which Tor does. i2p also does not connect to the “normal” Internet (basically).

    Like with Tor there is no need for a VPN (or rather, little need for a VPN… probably both i2p and Tor are safer than any VPN, but nothing is 100% safe, so some people use double VPN, or Tor over a VPN).

    Tor is not designed for torrenting. It assumes TCP connections - mostly for web stuff - and doesn’t handle torrent well. They also don’t want you bogging down the system with your filthy porn. 😆

    i2p solves this by forcing you to send data for other users in order to download anything. This helps make your traffic harder to track and helps the overall network. It also means that downloads are slow. Very slow. Like, basically start your download and come back in a day or two. Not a problem if you have four or five downloads in progress, but it makes spontaneous watching impossible.

    Anyway, I’m hardly an expert but this is my understanding!