skysight-inc/HackerNews huggingface dataset:
For another data point..

> Just to collect one random datapoint, do you work for an enterprise-focused tech company?

Yes, B2B company in the enterprise space primarily.

> And how much travel do you do outside the pandemic?

My team's role is a bit odd. Think it as a super technical / strategic overlay team. Rather than being assigned to a set of sales reps or to a region, we're attached to the entire US. As a consequence, we're brought in to help with high-end use cases where an individual sales engineer might see the use case once a quarter at max. We also moonlight on strategic discussions around product strategy.

That being said, pre-pandemic, we'd generally travel on-site with customers 5-10 times a year. Travel for more normal sales engineers is a bit more. Maybe, on average, 1.5 full days every 2 weeks. It'll vary by geography. New York / New Jersey focused folks 'travel' more since there's a higher density of customers. For example, pre-pandemic, I traveled down to NY a few hours by train and stopped by 4 customers 6 hours. This is the first software company that I've worked for but based on chatting with departed colleagues, this varies wildly. Some sales reps are, for lack of a better term, abusive of their engineers' time. Think being told on Monday that you need to fly for 3 hours for a meeting on-site on Wednesday with a marginally qualified prospect (aka it's not clear they want our software or have the budget to purchase it).

Feel free to ask if you have other questions.
Wallenberg Family
- The camera: that one's more difficult, but optics or chemistry aren't that new. You may need specialised equipment to manufacture this, but it's still possible.

creating a functioning camera requires quite advanced machining to create parts with tolerances required.

The same goes for most other items on the list, except for seeds and books.
Creating an axe by hand is obviously possible, but getting the high-quality steel we use in the modern day is very hard without industrialization.

Without a lathe and a way to power it, getting a camera is nearly impossible. Creating flat glass is also quite a difficult proces which requires melted lead or tin.
> Many are useful and cutting edge but many more are useless and outdated yet have a much higher dollar value.

Ban startups and collections.
A stable coin worth $1 isn’t very stable of it’s not worth $1, is it?
People keep posting these articles, and Tether keeps not collapsing. You can exchange your Tethers 1:1 for dollars right now, and have been able to this entire time.
The difference being that anyone can mine, so even if 99% of miners are censoring a transaction, it will still likely be confirmed in a block.
That you don't realize that the dollar is backed up by the force of the US military shows how far detached those who live in the imperial core are from those who live near its outskirts.
http://archive.is/HBSc2
I was arguing that it makes no sense to use Matrix for this and they should continue using IRC, but yes, I have written some XMPP related specs in the past. But fair enough, consider this my belated disclosure.
DOGE fundamentals as a p2p currency slaughter Bitcoin, they don't even shit in the same room, so not sure what the rest is.
What? Binance isn't a term, it's a cryptocurrency exchange.
Gen Z economy:

- Hype IS value. Investors mostly invest in hype. Bring something of scientific or humanitarian value to the table without some fancy story and they 100% won't invest in that. Doesn't matter if it's stock market public investors or crypto investors or private investors, they all go after the hype, time after time, demonstrating with their wallet that hype IS in fact what they value.

- Currencies don't operate around scarcity, and their value is not fully correlated with scarcity, their value is more correlated with the intrinsic value they provide as a product, e.g. dApps and NFTs; USD provides none of that

- Manipulation is legal, part of the game rules, embrace it. Manipulation and trick shots are legal in table tennis, too, the only rules are physical.

- Money itself is a joke, for the most part

- We are in the midst of a revolution in which we are exploring new models for financial governance
Does BTC makes sense if there would be no transactions?

If transactions are critical for everyone, wouldn't that mean that keeping bitcoin mining alive is a fundamental part of transactions?

We could argue that fiat keeps databases running (if we ignore physical money) and bitcoin is keeping blocks mining active.

I don't think it is wrong to say megatwatts per transactions. We could ignore this completly and say 'the baseload of just keeping btc running is x megawatts per hour' and that would just ring the same bells.

I'm pondering if we could also say something like "btc itself as a cryptosystem motivates actors to consume megawatts per hour due to the interest in btc and the current fiat<>btc exchange value"?
exactly - the kind of people who these posts admire don't actually read these posts. I called this the Metacreator Ceiling https://www.swyx.io/meta-creator-ceiling/
People have been predicting the imminent implosion of Tether Real Soon Now™ for at least 4 years. At what point can we say we are in Q territory?
"The danger zone happens when BTC drops below $18,500". Does that mean the scheme can continue as long as BTC doesn't drop that far?
Well, this article is an improvement in that it has a testable prediction. When BTC falls below ~19k, for an extended period, Tether should collapse, according to the article.
More RAM or worse performance? I doubt it, given the COM addons my employer stuffs in my Outlook client. Zipmail among others.
> Miners do not decide or approve which set of consensus rules people decide to use, though they can, at a potentially quite significant loss, disrupt the functioning of the network somewhat.

Miners are users. If they don't mine the blocks, the system literally doesn't work. Suppose that a large majority of miners refuses to upgrade for some reason. One part of the users can upgrade and wait for new blocks for a long time, while the users that don't upgrade can actually use the system as if nothing happened. Who is going to throw in the towel first? Maybe it's the miners, maybe it's the ETH holders, you can't know.
The question is what happens when more than 2.9% of people try to do that at the same time.
https://outline.com/r8ATvp
I don't know why people object to the word 'learnings'. Do you also dislike the word 'teachings'?
How about not calling this the male gaze? If we're trying to remove bias FFS.
They are, however, backed by the FDIC.
1) This makes perfect business sense: Google failed to create its own social feed that would stick, so instead it's piggybacking off of a standard technology (and I'm sure it'll collect plenty of data just like it would from an actual social feed). This is what Google did in the early days with other technologies like the open web and email, and it's generally a good thing for everybody (until they enter the "extend" and "extinguish" phases later on)

2) Question as someone who's new to RSS: is there a standard URL path that a reader can use to automatically find your XML feed? I've already added RSS to my site, but right now there's just a home page link to the XML document, I'm not sure how it would be auto-discovered for such a "follow" button
USDC and DAI ftw

Those gas prices tho :C
Got to wonder what crypto prices would be at today without Tether's pump scam.
Browsers should be designed to best serve their users, not to cater to misguided security requirements.
USD is backed by the faith & credit of the United States Government. USG has a 200 year history of paying it's debts. It has the power to tax a massive economy. There are hundreds of millions, if not billions of people, who believe in the creditworthiness of the USG. This is why markets are "amiable" wrt the dollar.

Tether is backed by a shady company who's been caught lying numerous times. The claim that 1 USDT is backed by 1 USD is what was meant to establish it as creditworthy. This has been walked back so many times - it's not USD, it's a basket of goods. Those goods might include cryptocurrencies. Those cryptocurrencies might include coins we've minted. Et cetera. It is not reasonable to have faith in their statements. It is not reasonable to consider them creditworthy.

You can't keep USDT pegged to $1 if the organization backing it can't be trusted.
As someone who understands little about Tether, it seems to me that why it matters is pretty obvious: since Tether can be issued by the authority that controls it arbitrarily, it enables that authority to 'print' the currency at will. This is similar to how governments that control currencies may just generate more of it. Wasn't the thought of Bitcoin to be against this very thing? Didn't the very first block of Bitcoin contain a message condemning the practice of bailing out banks by 'printing' money? It seems that some people with business-smart skills picked up on this and integrated the same principle into cryptocurrencies, and that principle is called Tether. And it appears to completely defeat the point of crypto-currencies.

But I might be wrong. I'm just a lay-person in this or whatever. Maybe I'm misunderstanding things.
Why did Stephen Hawking endorse the kooky ideas of billionaires?
If I start printing really nice-looking $20 bills, will you accept them?

Will your bank?

What about the Tax Man?
I'm sure you're right.

I played these cards to death and didn't really care for their condition aside from just sticking them in plastic sleeves.

Anyway this was a fun little trip down memory lane.

Maybe they'll be worth something in another 20 years?
Driving to the rich part of town and seeing pretty people in German Luxury Vehicles cut you off could be considered depressing.

The difference between this, HN and social media is that you have an encapsulated view of what you think is someone's personal life.

Some guy on the headline of HN makes a career out of implementing Ruby interpreters. That's great, but that's his work life. He could be divorced with 4 kids. The rich guy with the hot wife that cut you off, he could be an attorney for ExxonMobil or some other miserable high paying role.

Social media is false proof that regardless of status or true well being, you have the opportunity to paint the shape of your life.
I too believe it's a massive ponzi scheme.

However, I wasn't even aware (not trading crypto at all) that Binance offer 'affiliate' programs where influencers can earn Tethers. It's kind of funny - it works literally like a ponzi scheme - influencers bring in new 'investors' and earn 'tethers' (which are just printed out of thin air) - they can buy crypto with those tethers - and then guess what ? They sell them to the new 'investors' they just brought in.

It works until it doesn't.
>The room includes all buyers and sellers.

You can expand the model to include all BTC buyers and sellers. It doesn't change the fact that US currency was devalued to generate an economic stimulus. A meaningful % of that stimulus was spent into 'the room.' The value of certain assets in the room was massively overstated and crashed. The stimulus money cannot be recovered, but Americans must live with the inflation and other impacts for many years.
Going a bit further back, IE 5 and 6 were the best browser by far. Strange for me to think that my now-beloved Firefox has its heritage embedded in Netscape, which at the same time as IE5 was an absolute pig.

- ed

for some reason I have it in mind as IE5.5 specifically that was The Great IE.
People abuse tall aspect ratio images to take up more space in the UI to get more attention on their tweets.
Unfortunately, the web gets everyday closer to some kind of "interactive TV". Computations are moving to the server side and clients are merely there to get input and display information. An illustration is the very controversial Mighty browser. As a result, programs will shortly become dependent on having an internet connection. Today, people use more Google Docs than Notepad. This removes a lot of freedom because computing now comes at the price of a subscription (for internet but also for other services be it SaaS, data monetization or server costs for self hosting).
Not sure you can really
They choose not to officially support it precisely because of the types of issues that upgrading e.g. glibc or openssl can cause.

That said, the vast majority of the time only upgrading a particular application/package (and its dependencies) will work just fine. It's just that there are no (official) guarantees.
If the bank and tax man accepts them with full knowledge of what they are, I'll accept them. :)

In the case of USDT, everyone accepts them, so why shouldn't I?
If I can't buy a car on credit with DeFi it means DeFi can't do loans. And if it can't do loans it can't do finance. Maybe it can do a semblance of finance, maybe we can call it crippled finance, but it's not finance. Pretending that DeFi is going to turn everything upside down when it is unable to even make a simple loan is ridiculous. Nobody can take this seriously.
It's nice if people are nice, and we should strive to be nice. I am not sure how that translates to a paid camera app that sees your child taking her first steps, runs it through a machine learning model that classifies it as a concert, and then prevents you from taking a video of it. Whatever infinitesimal amounts of concert jackassery it prevents comes with a downside of literally losing a once-in-a-lifetime event. That is the very definition of shitty software, and we should reject it aggressively.

If you want people to not block your view at concerts, demanding that they have a machine learning model control what they can take videos of is not the solution. Hire some guy to say "hey, stop filming on your iPad or you're out."
Thanks.

> - Arch will release a new version of Xorg before the graphics card vendors release new drivers that are compatible with it. Same for kernel versions too.

I imagine this is mainly a problem if you have an Nvidia card (which would explain why I haven't had the problem).

> - In general (not specific to arch linux), new versions of software break stuff all the time. You tend to hit way more of this on arch if you keep your system up to date.

More often, sure. But for software delivery from the production side, the common viewpoint seems to be that deploying more often leads to less pain in total, because you're making smaller increments so the individual failures are smaller as well.

As such, aside from integration issues like Xorg and the drivers, I would expect Arch to have fewer major breakages than (e.g.) using LTS releases of some distro and upgrading every second year.
> Younger people then moved back in (causing superficial gentrification) because they couldn't live in the actual richer areas because those had all blocked new housing (actual gentrification.)

You're overlooking the qualitative motives for (somewhat incorrect) purely financial aspects. Younger people continued to move to denser parts of cities for at least a solid decade after in-city rents surpassed suburban ones. A large demographic group got married and started having kids much later than previous ones (this part traces pretty well back to economic factors, though!) so was looking for very different things in housing. As those factors started to change, they started following similar suburbanization patterns, and WFH accelerated that dramatically.

"Friends" is probably the clearest pop culture recording of this, showing the draw of living in the city for single 20-somethings in the 90s, and then the eventual appeal of the burbs for the later married w/ kids stage. Even in the 90s part of it, none of them were there because NYC was the cheap option.
The peg broke by 10% today for ONE HOUR and it caused pandemonium.

If the peg breaks more significantly, it'll be worse.
Yes. However, if you and the rest of the world want to at the same time, you cannot. This is a known risk, normal banks suffer from the same problem. However, normal banks are strictly regulated, and will receive a bailout to make sure your life savings do not vanish in thin air. Tether does not have such guarantees, so you will have to solely trust Tether foundation to prioritise your money over their profit.
Show HN: A simple RPC system for callable Ruby constants
Do people really believe this bloviation outside of the cryptocurrency thought bubble? I thought you were trolling until the last bullet. Then I realized you’re serious. Hype is value? (To who?) Money is a joke? Comparing economic security to table tennis? Come on, dude, get real. Those are the exact sentiments that disqualify you from having an opinion on economics worth hearing, not qualify. I’d bet currency you consider worthless that you can’t even discuss the tradeoffs of money and why they were consciously accepted by economists who actually studied their subject and went on to advise and design modern civilizations.

Don’t tie these thoughts to a generation as if everyone in the generation expects the outcome you do. I have a hard time believing everyone in Gen Z understands what you’re saying, much less wants what you do. There is no watershed moment for uprooting the world economy that only people of a certain age understand. Revolutions do not happen on Medium. You’re discussing the economy. There are militaries involved.

You are interacting with forces far beyond yourself and acting like you have all the answers. Our entire existence is defined by the economy, and rejecting it wholesale is interesting for a blog post but a complete nonstarter for actual reform. Since humans mostly subsist as a product of economies, you realize poor economic reform kills people, right?

I’m going to reiterate that last point in clearer terms because it needs to get into that bubble with purpose. Say the world stops being stupid and sees your light. Now you need a phone to eat. Do you think those people you just starved to death are going to go “well, Gen Z economy!” or do you think they’re going to arm themselves and start killing everyone involved? History is a guide here and human subsistence is not something a bit of Go can just fuck with because you say so. Good luck!
An alternative interpretation is that he made a lot of money betting against Wall Street in the 2008 Financial Crisis. Once he got eff-you money, he went into pompous teacher mode. His theories, while a bit unsubstantiated, are a different way of looking at the world that most people would do well to understand - even if they aren't correct in most circumstances.

Basically he talks (from an inflated ego) about tail risk, randomness, and some types of system reliability

He is definitely someone whose ideas are worth making up your own mind on, rather than listening to an internet critic (or fanboi's) opinion on.
This is a fun story in that vein: http://www.bigmessowires.com/2016/06/04/db-19-resurrecting-a...
It'll matter if there's a bull market, and lots of people try to exchange their tether for Bitcoin/Ethereum en masse, and Bitfinex runs out of money to maintain the $1 peg, because they lack reserves.
No, only approved clients can.

The list is basically exchanges and large traders.
It wouldn’t be the first time they tried getting people off of lower-priced plans. They did this to me a couple years back and we ended up switching to xfinity mobile, which saved us tons due to lower pricing and pooling data across multiple users.
Books, courses, mentors? They're about as relevant as "business school." Draw from
your 10+ years experience, identify a class of people with a common need
that's not being met. Then sell them on a solution. Problem solved.
Maybe. Depends upon the exchange you are using. There will likely be fees and you'll end up with ~$90 in your bank account or in "cash".
Pretty cool. I am not too knowledgeable about fpgas but the 144 qfp or bga parts have so many pins. If you have 32 clocks per clock of emulation that is plenty leeway to have an awesome debug header and monitor that was never possible with the real thing.
"Tooling is just terrible." <- this is a generalization, to which I strongly disagree :)
Also there are few cross-platform standalone RSS softwares; QuiteRSS and RSS-Guard.

For Chrome alterivates, Vivaldi have native RSS support. It need to be enabled in the setting to use RSS.

Also there are tt-rss for selfhosting.
It's worth what people say it's worth, not what it's backed by. And people seem to be saying it's worth $1 from the charts so ... it's worth $1.

Elon Musk's "net worth" is 146 billion, is that backed by something? No, TSLA shares are manufactured just like USDT.
Ultimately Tether is backed by obligations from the participating exchanges to fund the tethers that were generated on their behalf. It is basically a scheme being run on behalf of the large crypto exchanges to enable wash trades (which are illegal in every market EXCEPT crypto because nobody figured out how to regulate crypto properly, as per Gensler’s recent comments).

If you want to kill Tether and Bitcoin, you don’t need to go after Tether directly or wait for some price drop. Subpoena all of the exchanges and ask for their commercial relationship with Tether to be documented, and for them to disclose all of their loan obligations, collateral and so on. But, your friendly politicians aren’t going to do that, because Coinbase and Binance and the others have locked up some very high powered lobbyists at this point. That’s where Madoff went wrong...

One of the craziest things is actually USDC — an attempt to replace Tether with a cleaned up, legitimate-looking version of the same nonsense.
> Disclaimer: I have short positions on the cryptocurrency ecosystem, through MSTR and COIN puts

Not a good way to start the article. I think Tether can crash without affecting MSTR or COIN, for example. A short on GBTC might be more obvious connection. But... that's another article for sure.

-------------

Otherwise, the news on Tether's sketchy drum has been beaten for almost 5 years now, at least by my own memory. Tether could very easily survive this most recent crash by... whatever mysterious means its survived before.

This blogpost adds a $18,000 BTC price as the time they think everything falls apart. An interesting theory. Maybe we'll get there in a few weeks and see if the theory bears any fruit. Its an objective price point for sure, so its an easy one to test if the price shifts lower in the future.
Arguably the best user experience in some ways- relative to other browsers at the time it "felt fast". Partly because it used native widgets instead of XUL like Mozilla, and also probably because various parts of it probably were loaded when Windows booted up.

But it was pretty bad in other ways: security, stability, etc.
Only up to 250k. Any more and you need your own insurance.
I know! That's the gamble one makes choosing a language/dependency you cannot easily move away from.

But the lack of obviousness does not make IE+applets the best choice in 2006.
> I also happen to think that the existing financial system is failing to do that

What are they currently doing wrong, in your view, and what should they be doing better?

Lots of fed hate on HN nowadays. I personally think that they are doing a so-much better job than '08 and am happy that academic economists seem to at least be learning a few lessons.
Erratum: testing, of course, exercises every layer you depend on, whereas proof methods typically assume that the things below conform to their contracts. That is where proofs are weak. A proof will show that your code is correct; a test will reveal a compiler bug, CPU bug, faulty RAM, ...
> Question as someone who's new to RSS: is there a standard URL path that a reader can use to automatically find your XML feed?

Yes. Add a link like this:

<link rel="alternate" type="application/rss+xml" title="My articles" href="/articles/rss/" />

(Or more likely, application/atom+xml -- rss is not great, atom is generally what you want, and what you'll be publishing)