skysight-inc/HackerNews huggingface dataset:
The value is "holding" at $0.66 right now (in that it stopped going down... for now... anyway). This crash is utterly fascinating to me. Its definitely a slow-motion train wreck.

I do feel for the people who are in this crash right now, wondering if they should get out right now, or if it will be back to normal tomorrow morning. But I don't think this stablecoin has ever dropped this low before.

I think I can understand the stress anybody is feeling from this. Its kinda horrific. I remember when money-markets lost their peg back in 2008 and pretty much the world went apocalyptic. I can't imagine what it feels like to lose 30% of an alleged "stable" value in a few hours.
It turns out, you need a lot of guns to make a central bank work.
> When we discovered last week that this particular word would be featured today, we switched it for as many solvers as possible.

Why ?
Not taking PPP money that your business is eligible for is akin to paying more taxes than you're required. Maybe it's honorable in some strange way, but it's certainly not rational.
It is more like media and the elite manipulate public's perception and sentiment to profit from fluctuations.
I think I found the following one a few weeks ago. Working my way through it. I'm usually a Vim user on Linux.

https://karthinks.com/software/batteries-included-with-emacs...
> Coming from a country that has this, there should be caution: it gets more affordable, but you get what you pay for. In my country of origin, you get a partially-paid-for ride to the emergency room, where you pay for things like casts, non-ward rooms, dental care out of pocket.

New York State will not necessarily implement the same program your home country has.

> Since moving to the US, it is more expensive (than next to nothing), but I actually get good care. Several conditions that were ignored or misdiagnosed for me are now cured. My life might be significantly shorter had I not come here.

It's not really news that the (relatively) rich can get better things by paying more. The well-known consequence of the US system is that many people get no care, because they don't have the money to afford it. That includes people with health insurance, which often doesn't pay for anything at all until you've paid thousands out-of-pocket to hit your deductible.
You're wise to avoid the updating and it will be painful for many people. I had friends explain that stablecoin was the way to make an easy 20%. I can empathize with their pain.
What cpu do you have?
Oh man it's the best. Everyone should give it a go.
Only six months? That's not enough. That's trying to hold on, afraid it will go away. At least take a year, but really, just take off. Do your sabbatical - your time on the open water - but then move onward. Life is short; you will have very few opportunities like this one. You might not ever be as popular and successful as you are now, but you might, and likely in a completely different way. Your blog might fall apart even if you stay, and then what will you have? But for sure, you won't get many chances like this in life; the world changes, something will change in your life or your world, and the opportunity will vanish.
https://www.theatlantic.com/science/archive/2017/06/why-are-...

Off topic, but indirectly supports your point.
As one who made this same transition, albeit decades ago, I’ll share the advice my manager gave me: it’s no longer about you. It’s about your team and you have to be able derive a sense of accomplishment and job satisfaction from your team’s performance, otherwise you’ll never be happy in the role. When the team does well, they get the credit. When they screw up, well that’s on you. It was some of the best career advice I ever received. It was not, however, an easy transition. Good luck.
> One of them (Anchor) claims a 20% yield on savings. This alone should be a red flag

20% is risk parity for keeping your money in smart contracts
I don’t think the modern mac is any more (or less) difficult to extend than windows or linux…
For what it's worth, I think this problem (the complexity that bleeds into the app for handling leaders) is mostly orthogonal to the underlying database. You have the same complexity with multi-reader single-writer Postgres. But the code that makes multi-reader SQLite work is a lot easier to reason about.

Let me know if you think I'm off about that.
Two points:

- Government agencies can ascertain the identities of virtually all accounts with Chainalysis, following the money to the fiat entry/exit points.

- Even with a theoretical anonymous account, with centralized stablecoins like USDC or USDT, the balance held by that account can be frozen because the issuers of those tokens have crafted their token contracts such that they maintain the ability to mark certain addresses as incapable of transfer
Sales is incredibly hard to learn without actually doing it. It's a soft skill so it requires a lot of reps and practice.

I wanted to get great at sales after my startup failed and I decided the best way to learn would be by joining a company as a solutions engineer (being a developer, I felt like it was role that was perfect for me since it combined sales with technical skills).

It ultimately ended up being the best decision of my life, and I couldn't imagine doing anything outside of sales/go-to-market now. I'm happy to talk more about my experience over zoom if you'd like! Feel free to shoot me an email at ju@hightouch.io

In terms of book recommendations, I do recommend the book "To Sell Is Human" by Daniel Pink to people deciding whether or not to get into sales. A lot of people associate sales with the "annoying car salesman", but this book gives really great insight into how sales has transformed into "consultative" in order to survive.
General emacs question:
How do I install/use "evil mode", or Spacemacs, or Doom Emacs (whichever one gives me VIM keybindings for movement) and still use the built-in Help/Tutorial?
it's not threatened by this issue at all.
It also doesn't necessarily have to be "fun". I would argue that playing poverty simulator definitely should not ever be "fun". It might have plenty of educational or artistic value, though, which might be a good enough reason for some people to play it.
DAI survived the fall from $1450 to $50 (ETH).

Not all stable coins are the same, this one is so shady it’s even named to confuse investors.
Make that $0.66 on Coinbase, though it was as low as $0.62.
I have a personal blog that I occasionally update to write up projects I do.

https://biotinker.dev/

All it is is just hand-written HTML from a text editor. No fancy features aside from auto-closing tags when I open them. A few lines of CSS that just get pasted on the top of each page.

A lot of the pages out there today aren't terribly more complex than this- just serving some text and photos- with the occasional form. I'm unconvinced that I could have made that website any faster using any sort of no-code tool (99% of the time is spent writing the content).

Obviously plenty of websites require more than that, but mine doesn't, and looking at this article, it doesn't either. Writing HTML doesn't suck for these simple sites unless you make it suck- it shouldn't be "slow and boring" to write the CSS for something like the website posted here because it's something that should be done once, gives you what you want for the page, and then it's done.

Maybe the author is talking more about building some business's website rather than their own, but I don't see the problem.
Okular is another great pdf viewer.

IMO it’s not as good as preview and idk if it supports annotations or does them as well. But it’s a great lightweight pdf and image viewer and “traditional” Desktop app.
> The immediate effect is that money is transferred from people who are bad at predicting the future to people who are good at predicting the future

After the crypto bubble collapses, I think what we'll discover is that it was a great mechanism to transfer wealth out of people who badly want to predict the future to people who have so much money that they don't really care how it plays out - it's just some small percentage hedge of their gigantic portfolio.

This is one reason bubbles are so harmful to regular people - if they join in, they could lose their shirts. But the truly wealthy are just picking between years of underperforming returns vs risk.
He has said it was a randomized list and he played the game two - so wouldn’t know in advance
"This is probably good for society, as it puts more capital in the hands of people who will invest in things that succeed"

This argument doesn't clearly stand on its own in my opinion.

It starts with the implicit assumption that profit is in fact a determiner of societal good, that a soup kitchen which gives away food is not doing any good since they have no profit, while an HFT firm who notices some minor inefficiency in the stock market and makes billions is doing lots of societal good, that the government maintaining roads is less good than a contractor who is able to profit 5x as much by over-charging the taxpayer.

I think the increasing wealth divide is clearly good for the rich, but I question if it's good for society as a whole.
You're not just looking at hardware limits, there are OS limits to be aware of, like the maximum number of concurrent connections per port.
I would also appreciate the list please
Ah, "too big to fail"? Remind me, what about this whole cryptocurrency experiment is working the way its proponents claimed?

> plug would be pulled out of the industry due to the loss of confidence.

Sounds great!

> Predatory and uninformed legislation would happen while the price and negotiating power is low, and in this time, that is when you really see the blood hit the floor with regard to scams, theft, crime, etc.

I don't wish scams on anyone, but perhaps it's time we got this all over with, yeah? Seems like it's going to hurt more people in the long run.
> Despite all of that, people who bought and held a total market or S&P 500 index fund in 2020 have still made gains.

The market can stay irrational longer than you can stay solvent. Two years is a fairly short time to estimate market performance and corrections. We very well may be telling a different story in 15 years.
I've been a webmaster for 25 years and never had to learn JS. The vast, vast majority of websites on the internet could have been designed by someone like me who doesn't know JS.

Everything is already in a framework or library, and copypasting a few lines of code from the readme/howto is enough to add a slideshow, accordion menu, or whatever other snazzy but terrible UI gimmick that clients want.

The proportion of websites on the internet that actually need React are close to zero (most sites are cms/crud instead of "real" web apps), yet if you're in the web dev sphere, everything everyone else is building seems to need it. Strange.
huh... never knew they were the same shop responsible for Lemmings. what an awesome bunch!
>wallet ids do not divulge identities

Theoretically yes, but in practice no. A quick search turns up https://www.theblockcrypto.com/post/129133/tether-freezes-ov... for instance
Ah you see they don't actually have any obligation to cash out USDT to USD at all if it would cause them issues. It's right in the contract.

For all the talk of fiat and money printers it's crazy how central USDT is to the crypto markets. I suppose people are willing to overlook a lot to avoid tax exposures...

[0] https://tether.to/en/legal/#:~:text=Tether%20reserves%20the,....
Web "2" was leaps and bounds an improvement on Web "1". I fail to see why Web "3" is even a thing... it is nothing to most internet users.
Goodreads.com | Software Development Engineer, Software Development Manager | Full-time | Onsite OR Remote

Goodreads is the worlds largest community of readers and authors, a home for book lovers all around the world. As an engineer in Goodreads, you will work across a variety of technologies to improve the customer experience with opportunities to become an expert in areas you are interested in including mobile development, microservices, web development, security, search/discovery, and more. Our small team solves a wide range of problems at a massive scale.

You can work onsite from any Amazon location (we have folks in San Francisco, Seattle, Austin) or work virtual.

My name is Willy, I am a Software Engineering Manager here at Goodreads. If you are interested feel free to email me at schallw@goodreads.com
I tried a few days before (libaom, svt, and rav1e), and I'm getting much slower speed than with vp9, at comparable quality.
"most of us" don't understand the basic concept of marginal tax rates, and "most of us" don't understand the idea of marginal utility. "most of us" have in some form or another been doused in a firehose of "the only good tax rate is a lower tax rate" propaganda generated over (at least) the last 40 years.

For a long time, the USA (like many other post-industrial revolution countries) has accepted that "fair" means using progressive taxation to try to create roughly equal impact given the marginal utility of higher levels of income. It's not incredibly scientific, but it isn't really incredibly subjective either.

Conservatives and their cousins at some level more or less reject the concept that there is any fair level of taxation at all, and if there is, they lean toward equal numerical taxes for every dollar earned (or taxed), thus rejecting marginal utility theory entirely.

There are at least a couple of high-net-worth-admission lobbying groups that have asked Congress to raise rates on people like themselves (which inevitably will impact other people like themselves). And speaking for myself, I believe that I should pay more in taxes.
I agree - but you can't simplify when your tools complicate - in the sense that they intertwine different concerns. As soon as you're not dealing with trivial apps "pushing it all to backend" isn't really an option if you want good user experience - and then you'll have to have logic on frontend as well. And that's where the pain comes.
If your biggest reason to use risky crypto is because the US Government might seize your funds, that's probably a reason to not do whatever you're doing (if you live in the USA) since the US Goverment can probably just seize you for the same reason.
On the other hand, your application code is probably less reliable than Postgres or MySQL and now it can bring down your master, so failover is a more likely scenario. Probably not "worse", just "different".
Now 68, still dropping. Volume is increasing steadily. This is a rush for the exit.

Does the stabilization algorithm give up after some amount of drop, or has it already liquidated its backup pool down to 0?
> I had friends explain that stablecoin was the way to make an easy 20%. I can empathize with their pain.

I understand the empathy, better than contempt.

But what were they thinking? Sorry they lost all their money. A fool and their money....
Unfortunately, we've reached the point where it's not so simple anymore. Sure, there are assholes who deserve to lose their money, and I had the same attitude about some of the past crashes of BTC.

Nowadays though, the crypto folks are running huge ad campaigns in mainstream media at least in some places (the ad campaigns were huge when I recently visited South America). The consequence is that innocent people who happen to be financially uneducated and perhaps a bit naive are sucked into this stuff, and it is our duty as a society to protect people from that.

Not everybody can be an expert in finance, and not everybody should be! That's the point of division of labor. That's why a moderate amount of regulation that protects non-experts against being taken advantage of makes some sense.
Because Webb is optimized for looking through the dust clouds and nebulosity, whereas we’re all used to looking at sweet nebulas from Hubble with their gorgeous dust clouds instead of just a collection of points of light with diffraction patterns.

Webb really isn’t going to be the crowd pleaser that Hubble is. And that’s okay. But I do kind of wish that was communicated better early on.
And yet many critical positions are paid poverty wages. How can we say a job is a poor choice if it's necessary for a functioning society.
Knowing the basics of programming can be a great tool in a lot of professions.

I watch my wife perform a lot of tasks with spreadsheets to accomplish things her coworkers can't do (or would require a lot of manual work). Being able to import CSVs, do calculations, mail merges and other simple data processing may allow you to skip a lot of tedious manual work.

Programming is the next step. She would benefit from being able to write scripts to query different systems and then process more data than is practical in a spreadsheet, or do more complicated processing than a spreadsheet allows.

It's not something everyone needs (just like spreadsheets, or even calculators), but it can let you get a lot more done in many non-tech professions.
Also commodities.
Part of the point of this thought experiment is to determine what the "given number" is since there isn't a mathematically correct answer.
It also impacts people who consider themselves something other than "rootless cosmopolitans".

I do happen to proudly put myself in the rootless cosmopolitan category, but I've had some interesting interactions (even here on HN) with people for whom community, place, family ties, family history etc. are much more important than they are to someone like me. "Relocate" is a particularly jarring edict for such folk.
“it is already as easy as it needs to be”

People said this when GUIs were introduced, and when rpm and deb were introduced, and system configuration utilities, and editors like pico, and I even heard people say it about Linux OS installers. This perennial, are-you-tech-enough in-crowd gatekeeping has accomplished nothing but ensure developers are three steps behind everyone else in solving real problems with as little overhead as possible for people who might want to concentrate on running their dry cleaning business or dental practice rather than learn how the order of CSS elements affects the cascade.
If it were 50 cents, you might have a chance at an entirely new market though.
> medication is only tested on men

That's pretty clearly sexism against men, e.g. viewing men as disposable. Remember we test drugs on mice before humans, and that's not because we like mice; it's because they're cheap and disposable.

Imagine we only tested drugs on women. People would definitely see that as sexism against women, if not outright abuse of women! There would be endless news articles about women who suffered permanently debilitating effects of the drugs that were tested on them. There would be feminist protests to stop testing drugs on women.
That's what I keep telling people: until we have the autonomous murder drones, a smart contract can't really be binding outside of the cryptoverse.
We have been chasing this down for weeks and can't find the actual bug/workaround here. It's definitely IPv6 related, we think having something to do with weird MTUs. Are you using an IPv6 tunnel or connecting via a vpn by chance?
to the semi-invisible flagged comment, I met Carlos at Art Basel last year absolutely crushing it on the dance floor! what a guy

memes galore
> I recently started self-hosting my family's photos and videos

No offense, but HEVC vs AV1 is not in any way consequential to this trivial scenario. Those photos and videos will be decodable and re-encodable for you _forever_. Don't think you need to store all that stuff in some half-baked encoding just because it's theoretically free-er.
Original title: "40 percent of America's baby formula supplies are out of stock".
Slightly related, one of the neatest desk toys that I’ve ever seen is a “perpetual motion” pendulum that has a hidden electromagnet. It bounces around playfully on your desk for weeks at a time. Was a great b-day present to my father.

Also on the topic of patents, the one for this toy expired a few years ago and the circuitry is quite easy and a fun DIY project.

Not my video but here is one in action:
https://youtu.be/RUDTr99JClY
The thing is that people had pretty good reasons to expect Money Market Mutual Funds to be stable at $1. Everybody who really understood them knew that breaking the buck was possible, but absent fraud, it wouldn't have been possible without a massive economic collapse (which didn't happen).

Nobody in their right mind should have expected UST to remain stable for any length of time at all, as it is fundamentally built on smoke, mirrors, and Ponzi's best friend.

I'm sure there will be some sad stories about people who had no idea what they were buying that lost money they couldn't afford to gamble with, but it's really hard to feel too bad for the suckers and hypemonkeys who memed this stuff into having temporary value.
Tom Scott did a nice video on this. https://youtu.be/IP-rGJKSZ3s
Besides meat and eggs, the things you described are cheap and easy to store. I don't think they're boring, and certainly not without a tiny amount of creative seasoning.

Maybe the amount of sugar in products needs to be very prominently called out in all packaging. My kids love tomato/BBQ sauce/ketchup. Tomato ketchup is 25% sugars. For BBQ sauce, it's 45% sugars. They might as well be sprinkling sugar on dinner.

"Back in the ’80s, the Reagan administration proposed counting ketchup as a vegetable in school lunches."
> hybrid browser-cloud-file data architectures

Epic.

Thanks for open sourcing this!
Nah, I'm reading your comment as admitting that the idea that any of these should be seen as mainstream investment vehicles is nonsense and that the fraud is in the very presentation of them as such. There are many, many parties pitching people on the idea of investing in this stuff right now without pitching them on reading a bunch of code.

Steph Curry is telling me every day that FTX makes it so I don't have to be a crypto expert. If you're right, and I actually need to do my due diligence for crypto things... FTX is a fraudster, no?

"This is all bullshit based purely on hype but I'm not gonna come out and say that, you just have to realize it by reading the code," basically.
Our public school district in the south Bay Area had been steadily losing enrollment. I talked to one of the administrators and she said that based on student records transfer requests, the most common destination outside of California was Texas.
1. not everyone lives in the US

2. "seize you" is much harder to do (ie. court conviction) than freezing a bank/stablecoin account
They just hired another 20 people onto their crypto team, so hopefully they’re gearing up for more enforcement.

https://www.cnbc.com/2022/05/03/sec-adds-to-cryptocurrency-r...
my experience with ansible is that it offers a suggestion of idempotency, but there's always plenty of room to ignore the best practices.

IMHO it's better to have no guarantee than a vague suggestion that you might tend to rely on but then be bitten because there's nothing actually enforcing the guarantee.
> all the idiots who participated losing their shirts would really be a wonderfully great outcome.

Very harsh.

I can see no ethical way that they can keep their shirts (unethical is sell to greater fool). I do not think this is a "...great outcome". Wonderful or otrherwise

It is yet another repeat of the age old lesson: There is no magic.
Well the point is that you don’t have to worry about coming up with 20k if you leave your job in Canada.
In my humble opinion - this is a great insight on both paying your fair share and not taking PPP/social security/unemployment even if you technically can but don't actually need it. It should be lauded more even though it probably will never be.
> I remember when money-markets lost their peg back in 2008 and pretty much the world went apocalyptic.

For comparison, I believe it was only one money market fund that had to break the buck and sell for something like $0.97 instead... and the withdrawals were hitting 10% of total money market fund value in a few days.