skysight-inc/HackerNews huggingface dataset:
The early stages of hyper-inflation can look like an economic boom. Every market is going up (stock, real estate, crypto, commodities, etc). Fantastic, boom-time. But really, it's because we're printing so much money that it's inflating the prices of everything. Yeah, the GDP is going up, but the GDP is measured in USD. Keep in mind that previous hyper-inflation crises (Germany, Hungary, Venezuela, Zimbabwe) were marked by strong stock markets and asset bubbles.

I think it's far more likely that the USD is dropping along with most other currencies as a response to worldwide inflation than a strong economy.

Inflation right now is not up as measured by the consumer price index. The CPI is made of a basket of common goods. Those goods so far have stayed steady in price, but they are made of component commodities that have gone up vastly over the last year. Iron ore, lumber, corn, and soybean are all up ~2x in the past year. That's a very very bad sign.

I think it's a great time to borrow a bunch of money and put it into inflation-proof assets. Real estate in particular (via diversified funds) seems like the best hedge. A basket of crypto, stocks, and commodities seems smart too. I would avoid bonds because lenders get screwed by inflation.

I generally think modern monetary theory is completely bogus.
> It makes more sense when you consider the insane fees they get away with charging due to lack of competition in the regulated US crypto space.

The fees, as you explain it, do indeed seem like highway robbery. But there's something very specific about Coinbase in the US: all customers funds from american fiscal residents in USD are FDIC insured (so up to 250 K are safe). AFAICT they're the only one to actually offer this? It's also a real company, with a real address, whose owners are real people, etc.

It's not exactly the "we're convicted criminals operating from the Cayman using some shady bank" type of crypto exchange.
> All you need is a computer.

Plus free time. Plus motivation and energy which is probably in short supply when you've already done 8 hours in a supermarket / your second job / a full day of childcare / etc.

> a few hundred bucks. It's a pretty low bar.

For a lot of people in the US, a few hundred bucks is the difference between eating that month and going without. Or being able to pay the rent and not be evicted. Or being able to afford transport to/from their job.
The debt will get sold (discounted) to a debt collector, whose entire business model is getting as much blood as possible from stones, regardless of how long it takes.
Indeed. I did not mean to claim that decentralization is categorically dead -- only practically, in the sense that the masses (the original supposed beneficiaries) probably won't benefit from it.
We're already at war with Russia, it is just a cold war involving cyberattacks and attacks on the US election system. With Russia moving troops to the border of Ukraine they are going to keep testing the US until we are forced to act. Better be on the preemptive.
I think you haven't been to a poor country. Case in point India is more than 20% illiterate.
PG's essays have an agenda, which is to defend the rich and the incumbents, disguised as revolutionaries.

Because they are young? But they are the same as the robber barons of old.
In one of his (J.B.) talks [1] he explained how prototyping of game ideas is important. From that perspective having a platform like this helps.

[1] https://www.youtube.com/watch?v=ISutk1mauPM&t=12s
I was born in socialist Czechoslovakia. Everybody hated Russians (they had an army stationed there), and everybody loved Americans. (This "everybody" excludes about 20% of the population that are authoritarian conservatives, who exist in similar numbers everywhere.)

So what did the Americans do? In my opinion: It wasn't military invasion, it wasn't sanctions, it was they have built a better, more free, system (at least that's how it was largely perceived), and opened their doors for people who wanted to emigrate and live there. Often these were intellectuals, who then "spread the word" about how it works in the U.S. back to the land they were born.

I think with America coming to neoliberalism in the 1980s, this approach was lost. (Freedom turned into an ideology, and that neutered the pragmatic consideration of different human values.) But in some places, it never really existed, in Latin America, or Middle East, Americans often supported dictatorships.

So here you have it, this is what you can realistically do. Build a better system, create an example, let people (from Russia or elsewhere) come and see why it is really better.
That’s right, if you want the job done, you have got to call the United Nations—then and only then—might they write and send a stern, toothless letter.
lol @ the downvotes. I just want in and don't have a FAANG salary to buy shares. Sheesh.
23 years old typo in point 8: "Einstien"
51% attack would be very expensive on electricity and new infrastructure. There is already working and profitable infrastructure to prevent money laundering.
Title is a bit misleading:

"Almost two-thirds of Europe’s city dwellers support a ban on the sale of new petrol and diesel cars after 2030, according to a new YouGov poll."

I imagine electric vehicles are better suited to European cities than most places thanks to higher population density, so electric vans and the like will be just fine in the vast majority of cases.
Then the textbook is wrong though. Most sciences operate by postulating models and then verifying experimentally whether their models hold up in practice. Economics is the only science I know of that seems to have almost a disdain for experimental verification, combined with the comically arrogant attitude that if reality doesn't conform to their models, then surely reality must be wrong.
I have no idea if that is money laundering or not.

But in the Real World™, most money-laundering investigations are done by law firms after a theft of funds is discovered.

The frauds are typically insider-assisted procurement fraud where some known list of initial illegal transactions are identified and then attempts are make to recover it from intermediate and/or ultimate beneficiaries.

The bank accounts of a long list of intermediaries are subpeonaed and the transactions traced.

The entire point of money-laundering is to make the trail go cold.

The 'contra' bank account entries keeps the trail very, very alive.
I work on Crux so can share a few details about our implementation of Datalog. The query is compiled into a kind of Worst-Case Optimal Join algorithm [0] which means that certain types of queries (e.g. cyclic graph-analytical queries, like counting triangles) are generally more efficient than what is possible with a non-WCOJ query execution strategy. However, the potency of this approach relies on the query planner calculating a good ordering of variables for the join order, and this is a hard problem in itself.

Crux is usually quite competent at selecting a sensible variable ordering but when it makes a bad choice your query will take an unnecessary performance hit. The workaround for these situations is to break your query into smaller queries (since we don't wish to support any kind of hinting). Over the longer term we will be continuing to build more intelligent heuristics that make use of advanced population statistics. For instance we are about to merge a PR that uses HyperLogLog to inform attribute selectivity: https://github.com/juxt/crux/pull/1472

EDIT: it's also worth pointing out that the workaround of splitting queries apart is only plausible because of the "database as a value" semantics that make it possible to query repeatedly against a fixed transaction-time snapshot. This is useful for composition more generally and makes it much simpler to write compile-to-Datalog query translation layers on top, such as for SQL: https://opencrux.com/blog/crux-sql.html

[0] https://cs.stanford.edu/people/chrismre/papers/paper49.Ngo.p...
bloat free!
Relying on government contracts doesn't sound like the behaviour of a growth company. Government processor technical requirements aren't likely to align with commercial requirements. And low risk government cheques tend to push out any higher risk commercial innovation.
Krita is basically (one of the) best in class applications for digital sketching/painting specifically. But it's not really a replacement for photo editing or graphic design.
I bet you Peter Thiel understands Marxism. Comfortably the most honest tech billionaire I’ve read.
This !
So much easier to hussle if you have a clear goal in mind.
The threshold to « wealth » should be clearer. FIRE « levels » seems a good approximation but more detailed studies would be great.
Have you considered crippling yourself - blinding, cutting off a leg, etc. This way even going to the toilet would be a huge struggle and you will get amazing sense of accomplishment all the time.
> Buying existing housing isn't an investment....Buying an existing company isn't an investment.

yes it is - because the person you're buying it from now can invest the proceeds of that sale (to something else).

Buying shares off the sharemarket is investing - not because you're directly giving the company your money, but because your buying is the end of a chain of investment that directly leads to the IPO at the other end. Same with housing.

Your way of seeing only direct investment as "true" investment is too shallow, and lacks the actual nuance of how the financial markets operate. If you sell your shares to somebody else after an IPO, the IPO might not ever have happened, or that the raising of money costs more (to account for the risk of having to hold the bag till the company profits). By strata-ing the risk out to different people, the financial market allows all levels of risk to be bought, by all manner of different people.

The direct "investment only" method is as primitive as bartering for goods/services.
PSA: Clicking "I agree" does not automatically make terms legal or enforceable.
Yes. End of story.

But can you write fluff pieces like this and still be called a journalist? That's a tougher question...
> Success is 100% luck.

If that were the case, then there would be no disparity.*

* That is, unless luck is a function of circumstance. Which is kind of the point of the OP.
It was a joke, mate.
But most cryptos are not truly decentralised and robust enough. There is centralised dev team. And no crypto can truly handle brainsplit network issues.
It's pretty normal for anti establishment politicians to go to "enemy" broadcasters even if they do not support them.

Establishment media are not super keen on giving anti establishment figures an unimpeded platform to promulgate their views for obvious reasons.

It would be easier for the BBC, Telegraph, Guardian, etc. to ignore/misrepresent/attack George Galloway if he didn't also use competing media they had no control over.

It's very obvious that they do react to this media, too. If something gets big in social media because it's in RT then domestic media feel compelled to respond. This has happened with Galloway.

The same works in the reverse as well (Ai Weiwei, Navalny, etc). RT would like nothing more than to have us shut up about him but the Western media does insist on interviewing the traitor.

Obviously it comes with a risk and it will open you up to the usual cries of traitor, etc. from the serially ultranationalist who believe ardently that the freedom of their own press should be sufficient for traitors with traitorous views to get their hearing.

However, the alternative is, more realistically, being shut out of public discourse almost entirely as they try ardently to pretend you don't exist (hence why Putin famously never uses navalnys name).
> If a major government wanted to break crypto, it would simply credibly threaten to launch a 51% attack.

Do you know how hard it's now to buy/produce graphic cards and asic-s good for mining crypto? The demand is very big yet producers can't scale up. I don't see governments to have possibility obtaining so much hardware in a short/medium time horizon.
There is also a dependency-check maven plugin that will read the CVE feed from NVD and check your dependencies.
That would negate some of the reasons for using Tailwind in the first place, like the flexibility to make a design be specific to your use case despite the guard rails of the basic constraints (Styled System provides this on its own) combined with very simple tooling with no runtime overhead.
Big hedge funds never do risky things and leave us holding the bag</sarcasm>
> But it's also obvious to anyone outside the SV bubble that it's still only accessible to a small minority of people. Most people don't have the safety net or mental bandwidth to even consider entrepreneurship.

That is barely touching the surface of the problem. Having the bandwidth to become an entrepreneur is the least of anyone's problems.

I know many people who have gone to extraordinary lengths (like working non-stop 24/7 nights and weekends in addition to their day job) starting a startup, building a great product but it just doesn't grow.

There are a lot of monopolistic forces which prevent a startup from growing when you're not in the 'Silicon Valley Club'. Receiving VC funding is not even about money, the most important part about raising funding is the social aspect; that it makes you part of the club. The product you're working on doesn't matter at all. It's all about being in the club...

To join the club is all about your appearance and personality and not about skills.
you live in SF and make $35k/y. are you poor?

you live in Ghana and make $3.5k/y. are you poor?
It is pretty funny. However it gets a bit skewed when you talk about Russian media vs "western media". One is largely state controlled with very rigid guidelines and directives and the other is an amalgamation of hundreds of outlets in dozens of countries, with differing viewpoints and generally good independence. Some might be louder than others, absolutely, but they can all be heard.

I'm sure there is still some bias being applied, but the whole "russophobe" narrative is a bit tiresome and seems to be engineered by the Russian state to a large extent.
Good catch I missed that openCVE is Business Source License which I actually do not consider to be open source.
It not a matter of a founder not starting a company, it doing it somewhere else than the US.

Didn’t some study show a majority of founders are foreigners? They choose to come to the US. They can choose not to in the future.
All of russia supported crimea 'invasion'. Its been historically russian for centuries.

And to be fair, the invasion was triggered by the plans of the us to bring warships in the black sea through nato alliance of ukraine.

The narrative in russia is not the same than on cnn and to me is closer to what really happened.
Not that I disagree with anything you said necessarily, but it's so much more complicated than this.

Sometimes being less fortunate is what motivates people to become rich. The truth is I had a huge amount of stuff holding me back as a child, and still do, but imo that is why I managed to succeed (relatively at least) where others I knew who had similar intelligence and better backgrounds did not. Even in my own family the difference between my sister and myself is massive, she's probably in the bottom 10% and I'm probably in the top 1-2%, yet she has almost the exact same background as myself.

Being poor might just be the single greatest motivator. It also teaches people a lot of valuable lessons for acquiring wealth such as how to save and ration. If you look at wealth statistics in the UK some of the wealthy people here are immigrants or second generation immigrants from India and East Asia which doesn't really fit with this narrative of rich people get rich, while poor people stay poor.

I understand sometimes people are so unlucky that the obstacles in front of them are insurmountable, but I also don't think this paints a full picture. I also generally agree with the article, although I think it's easy to criticise without providing answers. It would have been nice to see some suggestions on how to fix the problem of wealth inequality, because unfortunately many of the popular solutions (raising taxes, expanding welfare programs, etc) could just make things worse.
I'm also a single child of a single mother from a country which has long been battling for the title of "the poorest country in Europe", Moldova.

And yes, everything, from having a computer at 10, not at 18 to unconstrained ability to travel would've helped me significantly more than the proverbial "having to pull myself up by bootstraps".

And this has nothing to do with "being independent" or "feeling lucky".

The CEO of a company I worked for came up with the idea for his company while having a year-long sabbatical from the university while traveling around (literally around) the world with his friends.

At university I was often chosing between buying a new T-shirt or (exclusive or) cheap bread.

So no. Luck has very little to do with where you are now. Money does.
Cancel that cancel culture?
It's not entrapment as you're still doing something illegal - buying a clearly stolen bike, and they're not enticing you into it.
It isn't particularly safe compared to having JS disabled. RCE exploits, stealthy CSRFs, etc. that work with JS disabled are exceedingly rare compared their JS counterparts.

This is quantifiable, not "alarmist".
I don't understand why they used a wasteful threaded model instead of an event reactor. It makes no sense to me on a constrained embedded platform. The right way to do it is Japaric's "Real-Time Interrupt-driven Concurrency". Only works for ARM cores though...
Taxes isn't the reason why more people aren't richer. In fact, taxes is the reason why more people aren't poorer, because they pay for essential social services. At least in most countries, when receiving hospital bills you're not afraid to end up with crippling debt.

The reason more people aren't richer is because of private property and the capitalist system. As a whole, humanity is pretty rich and is severely destroying the environment to make sure of that. Only a fucked up economic system with all the wrong incentives makes sure some people starve when we produce more food than needed to feed the entire population, sleep on the streets when there's millions of empty/abandoned housing units, etc.

So, to be honest with you, i don't think taxes is the solution, because as long as money and private property are a thing, taxes will only be a band-aid on this cancer. Arguably, taxes are also often misused to fund more human misery in the form of military and police services and other harmful institutions we should entirely get rid of. But i would say claiming high taxes is responsible for poverty is really missing the point of how capitalism works.
Foraging can't sustain the current population levels. People in Europe were foraging after WW2. Population was much lower than today, people still starved.
I.e. disabling JS is all fine, but in the end it is just 'safer' and whether or not that is already 'particularily safe' is a rather subjective thing.
That's not the wrong layer of abstraction, that's a different problem entirely - idiotic drug laws - that ends up involving money laundering.

If you really thought that supplying drugs was actually evil at a conceptual level, e.g. sex slavery - which also exists, and benefits from money laundering - then its profitability would be irrelevant. I'm not "fixing money laundering" by legalising sex slavery. And "fixing money laundering" was the topic, not "fixing idiotic drug laws".
(Disclaimer: I know very little about Windows, I Googled a bunch of stuff so the details might be wrong. Disassembly, if you want to follow along: http://shell-storm.org/online/Online-Assembler-and-Disassemb...)

The program program is shellcode, so the first thing it does is set itself up with the state it needs. This includes clearing the direction flag, aligning the stack to 16 bytes, and figuring out where it is in memory (the call to 0xca both sticks an address on the stack and avoids some code described below). It then calls into a little subroutine (at 0xa) to read through the PEB → LoaderData → InMemoryOrderModuleList. The first entry is the entry for the main binary, from which it grabs the "FullDllName", does some sort of trivial hash on it, and compares it to a known value (presumably a check to see that it's running in a sane environment?) Then it largely skips the next entry (ntdll.dll) and goes to kernel32.dll, where it looks into the exports table to find what is presumably CreateProcessA (this is done using a similar hashing scheme, so the string is not directly present in the shellcode). There's a "calc.exe" string at the end of the code (perhaps you can spot it) and with that it has enough to pop a calc.
You don't get more women into IT for the same reason you don't get more women interested in steam-trains.
Not as far as I know - they maybe do this using other methods. But they're trying to remove the market of people buying them, therefore reducing the motivation to steal them.
May be it is from Pat Gelsinger, so I am uncharacteristically optimistic about it.

1. Intel needs to clear Fab Capacity if they were to move to higher node. This is always a problem in the Fab industry. Normally Intel just scale whatever product line up they have that fits.

2. Car will be the next SemiConductor Battle Ground. It will just be a large computer, lots of sensors with battery moving around. Intel already has MobileEye, they might as well partner with these largest Car manufacture on Chip design for future growth. This is the same play with 5G although Intel seriously messed it up.

3. It also make political wins and help with their change in direction of Custom Foundry or now called Intel Foundry Services.

For me this is a brilliant move. Assuming they execute it perfectly. Some short term pain and lots of long term gain. Which is what I like. A vision and strategy how they are going to win. Something that was lacking with the previous Intel.
Ask HN: I’m genuinely curious to know is Rust over hyped?
I have been using HN for awhile now and found good amount of projects written in Rust and most of them are just rewritten in Rust.

I’m genuinely curious to know why people seem to be obsessed with Rust
Of course they’re not talking about “those people”, aka the 63% of Americans who live paycheck to paycheck. When the ultra rich speak they’re only speaking to the upper middle 40%. We love a good rags to riches story but economic class changes less in the US than many other countries, despite this “ease”.

Show me any group of founders and you can point to a few outliers but people who have had jobs like grocery store clerk by and large do not go on to make a business. The bar is lowered enough for upper middle class only, with few exceptions.
Just buy cryptocurrencies no need to buy $COIN. It's totally against the idea.
The Craig Murray graph is completely misleading. It was not generated by Murray, it was generated by Wikipedia, and Murray apparently saw it, misunderstood it, flipped out, and put it on his own site. It is discussed rather thoroughly in the Wikipedia proceedings. It doesn't mean anything like what it looks like. Of course generating the misleading graph is Wikipedia's fault, but it was intended for something else altogether.
Sorry, I meant to say that they should only ask for the money to be paid up front. The "less cash out of pocket right now and knows they'll be using the software for at least 12 months" is just another way of saying they are indebted to the company. I don't think that is the type of relationship a software company should have with customers.
I'm assuming - hoping - that if could be demonstrated that a LLC was open about trying to engage in illegal practices, and the investor knew that before investing, then the investor could be charged with facilitating crime.
Huh? I'm literally thinking of the opposite. I'm describing where I live, which is somewhere where biking is not really a minority choice, it's what most people do.