skysight-inc/HackerNews huggingface dataset:
Yeah, as someone who didn't know about Luna or Terra a week ago I think he did a good job of explaining the system, and the way it would fail, pretty well 2 days ago on Wednesday:

https://www.bloomberg.com/opinion/articles/2022-05-11/terra-...

You can read down through where he details the Death Spiral. I also haven't paid much attention to other stablecoins, but I imagine the systems are similar, based on faith in the system, and only good as long as there's not a run on the system and more than some percentage try to get their money out.
I think you're right but I don't think it has to be that way.

Like others, up until a few years ago, I was a Keynesian. But then I realized that if you allow inflation you're not just "rewarding investment", but you're taking non-participation off the table -- and that's a big problem. Because then people participate in markets not based on value but because they have no choice. That means that you go from value investing to "growth investing" -- which is another name for pyramid scheme and people unironically saying that "the market always goes up."
Thanks for the links. I'll pick up that book.

One thing I've been a long-time advocate for is States setting up their own banks akin to that of North Dakota's. If for no other reason than to have a way to leverage national monetary policy for regional aims, so that when the Federal government rushes to the aid of Wall Street (e.g. by flooding it with cheap liquidity) there's a way for State governments to more directly interact with those mechanisms themselves for their benefit.

I strongly suspect significant challenges in setting up effective and responsive governance and incentive structures to keep such things from not becoming their own instruments of abuse, but ever since watching 2008 unfold it's bothered me how easy it is to leave States twisting in the wind while the balance sheets of financial institutions are made whole by feeding at the Fed liquidity trough.

One of the basic premises of "States rights", as it were, is that it's supposed to offer lots of little "laboratories of democracy", but as it stands right now there's no good way to actually finance those laboratories to invest in ambitious things. So, what we mostly end up with instead is only the downside of using "States rights" in the only way that it's cheap to do so, which is usually by restricting or denying things. It's much harder to get the upside of investing in things without all the latitude that the Federal government enjoys financially.
Bezos is clearly the smarter oligarch. He just wanted to buy an outlet on the cheap (several hundred million or so?) just to soften the bad press but generally stay out of it.
Ask HN: Is it okay for Netlfix to fake buffering?
Try this:

- Start a video on Netflix

- Disable wifi

- Wait for the video to run out of buffer

What happens next (consistently in my case) is that a loading sign appears, which goes from 0% to 99%, and then halts. The fact that it goes to 99% implies to me that it has buffered something but is just waiting a bit more until the buffer is large enough to continue. In reality, my hotspot apparently turned off 5 minutes ago and the 0->99% loading sign doesn't mean anything. Is this okay? It seems very dishonest to me. If my internet is not working, why not notify me so I can look into it?
Ali Partovi Wants to Beat the Old YC
Scammers Are Teaching the Art of Fraud on TikTok
The amount of money made by owners off of the labor of those undocumented people is strong evidence that we're throwing out a very valuable resource if we aggressively deport people.
> After all independent media got closed down, put to prison or killed.

Source?

> The vast majority of those 80% watch only TV, a brain washing machine telling the world is full of Nazis and NATO threatening the existence of Russia.

Source?

> Everybody in Russia knows that for being against Putin you can be beaten up by the police, put to prison and whatnot

Source?

> I am sure both exist. The brainwashed ones who believe all the lies and those who don't dare to admit that they don't believe it. How the percentages are proably nobody has too good guesses.

Source?
it would likely be something of a hybrid nature or an extremely similar precursor, nothing drastically different
Not a list but you can add h2 database for java. Works really well.
There are very few banks lending money to crypto speculators.

People may have mortgaged their houses etc., but in those cases the bank gets the house.
“Please don't” HN comments
Don't confuse market cap and enterprise value, the amount of debt on non tesla manufacturers' books is staggering and strangling the business in other ways
Classic Japanese audio brand Onkyo files for bankruptcy
Does calling someone fat also count?
I feel like the growth of people that bash him is higher than people that worship him. In any case there is a parasocial component to it indeed.
Doesn't seem to address the "why it matters" portion of the headline.
I'm just going by the headline definition: "A land value tax is a levy on the value of land without regard to buildings, personal property and other improvements." That's the basic idea.

I think people need to keep in mind the actual purpose of taxation: One group is taking resources from another. Nobody is pushing this tax (or any) because it's "efficient" or whatever. They are pushing it because they will come out ahead.

A person who lives in a 600 square foot apartment in a 60 story tower will effectively be paying taxes on 10 square feet of actual land. That land might be very valuable, but I suspect no matter how you twist the numbers, it's going to be less than two acres anywhere in the country. Especially if you go by the spirit of the LVT, which is to ignore improvements.

I could be wrong. I'm just guessing at "who fucks over whom" here.
The thing is that this "money" never existed in the first place. It was created out of thin air, and it vanished just the same.
to me, the biggest problems with recreation.gov are:

1) the incentive to have lotteries for things (like angels landing in Zion, half dome cables in Yosemite, etc) where you have to pay just to enter the lottery and are out your money even if you are not selected. none of that money goes to actually help maintain that national park. BOA just pockets it

2) it has completely changed the landscape of who is in the campgrounds from local families that went up the canyon for the weekend with their kids to professional #vanlife / RVers that pay memberships into these services that tell them exactly which spots to book at exactly which time 8 months in advance so they can continue their year round lifestyle of living on the road
Cost savings we count are usually recurring in the same way.
I think this would give one a much more rounded knowledge base than your typical coding boot camp graduate receives.
1) That number was not part of the agreement
2) What is part of the agreement is that Musk waived his right to due diligence
3) That number is part of Twitter’s usual investor disclosure, but with a caveat that it may be wrong; besides, Musk may only break the deal if any incorrect disclosure constitutes a “Material Adverse Event” which in Delaware law means he must prove it affects the value of the company by at least 40%, which this obviously does not
I'd be interested in some analysis of whether Luna would have been more likely to work without the "Anchor protocol".
Summary of Tyler Cowen's approach to leading an intellectually fulfilling life
Maybe Im heartless, but I don't see why people should be allowed to stay in a home they can't afford just because they've been there a while. Especially when the reason they can't afford it is because the community thinks it should support high density housing but they have a low density home.
In recent wars, the emphasis on precision has been highlighted toward avoiding civilian casualties. The thing I hadn't fully appreciated is that in all-out conventional warfare, that same property makes weapons far more effective and efficient.

The "reduced civilian casualties" angle gets emphasis in the popular press. On the military side, precision weapons were developed for greater combat effectiveness.

See for example this 2010 article from Air Force Magazine, "The Emergence of Smart Bombs":

https://www.airforcemag.com/article/0310bombs/

It recounts how hundreds of Vietnam War sorties with "dumb" bombs by the Americans failed to take down a sturdy Vietnamese bridge that was ultimately destroyed by one sortie with laser-guided bombs. That enormous increase in danger to designated targets was the main point of guidance. The reduction of danger to untargeted nearby terrain was just the happy corollary.

Quoting the above article:

“For point targets and in good weather conditions, these weapons had nearly a single-shot kill probability,” said Gen. William W. Momyer, former commander of 7th Air Force, in his book Airpower in Three Wars. “If the target could be seen and the target was vulnerable to the explosive power of the weapon, the probability of damage with a single weapon was 80 to 90 percent.”

In the first three months of Linebacker, the Air Force destroyed more than 100 bridges with precision-guided munitions. An Air Force study found that laser-guided bombs were “100 to 200 times as effective as conventional bombs against very hard targets and 20 to 40 times more effective against soft and area targets.”

In terms of combat effectiveness it was like turning a single bomber into a whole bomber squadron.
USDD next? Just announced yesterday by Justin Sun. 40% APR!

https://twitter.com/justinsuntron/status/1524726284399480832
The problem here is you are comparing apples to oranges when there are much better comparisons available. You pick lobotomies and amputations when there are much closer parallels. Gender affirming therapies are as close to these as a cleft palate correction or plastic surgery for congenital defects. In addition, why is surgery less necessary for the mental health of transgender kids than cisgender kids?

For instance, in cases of gynecomastia in Klinefelter males would you be horrified by surgical and hormonal intervention in a 16 year old natal boy with breasts? Why is this any different from a transgender boy? Would you force a cisgender boy to grow up with female sexual characteristics until they were 18?

What about a cisgender girl who suddenly grows a beard because of an androgen disorder? Should we not prescribe hormone blockers and surgically address the source of testosterone? How is this different from transgender girls receiving the exact same treatment? What if those cisgender girls are actually transgender? Should we "Wait and See" if they will change their minds later in case they regret it?

These attempts at false equivalence between transition related care and barbaric practices from the 1940s is specious at best and deliberately malicious at worst.
> And in a big company it takes about 2 years for a bad hire to get pushed out, if they ever are.

Two wrongs don't make a right. I wish that engineers would spend half as much time trying to correct the organizational dysfunction of their companies as they do on leetcode and the like.

The tech industry that likes to brag about "innovation" and "disruption" seems very conservative and resistant to change as far as hiring is concerned. Everyone seems complacent about that and stuck in the status quo. Then they complain about a talent shortage...
What you've posted here is an excellent representative example of the form of social control in Norwegian society that I'm criticizing. It's a great contribution to the discussion.

I sort of doubt we can find agreement, since we appear to have quite different views on what basis is required for the authorities to perform this kind of incredibly invasive use of force against a citizen that isn't even suspected of having broken a law. This is not suspicion in the legal sense -- it's a possibility or a worry.

I'm not able to draw the conclusions you are from the part of the letter you've quoted. None of what is mentioned there is evidence -- she has publicly stated that she's been using certain illegal drugs on numerous occasions, that she's advocated for legal reform regarding drug use and that she is pregnant. She has declined seeing a publicly-provided doctor wrt. the pregnancy.

None of this is an indication of drug use!!

Related side note. If you ask other Europeans, e.g. someone from Germany, they might tell you that Norway's system of having regular, public-sector scheduled pregnancy inspections where declining will make alarms go off...is actually pretty creepy from a privacy perspective. At least that's what my left-voting German friends told me when they had kids a few years ago. Not that the service is a bad thing, but that declining or arranging your own is considered grounds for suspicion.

There is a difference between the Norwegian (Scandinavian?) and Western mindset here that our discussion illustrates splendidly. Our society is in some ways more collectivist; there are numerous situations where the rights of the individual are put last which contrast quite markedly to other Western societies. And these rules are enforced with strict social penalties.

The same contrast can be seen in the 13 (and counting) cases where the Norwegian Child Protective Services, supported by the Norwegian Supreme Court (and obviously the laws enacted in Parliament), have had rulings against them in the Human Rights court in Strasbourg.
Asahi Linux is relatively easy to install and is pretty usable, even at this early stage. The key to Asahi's creation is the open nature of Apple's boot loader. No, Apple isn't supporting Asahi as such, but neither is it actively or passively standing in the way.
I Listened on Big Business. It’s Profiting from Inflation, You’re Paying for It
Possibly a variable-length array wasn't a good fit for the problem you were trying to solve.
"Still committed to acquisition" https://twitter.com/elonmusk/status/1525080945274998785

He probably wants to save $10bn on the price and stick it to the board that originally tried to block the deal with a poison pill.
Right. And the point here is that the original comment implied that most people in that age bracket had a net worth of $1.2 million.

So median is the relevant interpretation of average in that context. Your correction and interpretation are valid.
Early Season Heat Waves Strike India
I walk for any code monkey hoop jump exercises. Timed or not.

When you apply to be a carpenter they don’t make you hammer nails, when you apply to be a accountant they don’t have you prepare a spreadsheet for them, etc.

I don’t work (even in interviews) for free.
That said, it's clearly a good deal for their shareholders for this very reason, and the board should act in the interests of their shareholders.
It's called "public land" because it is already paid for, and effectively owned, by the public. I would consider a government who resorted to market solutions "incompetent".
What I want is these crypto charlatans who were giving malicious financial advice to go to jail.
The Occupant [video]
My College Students Are Not OK
The thing about a lot of these classic papers is that they are often not very easy to digest compared with modern retellings of their subject matter. They typically represent the genesis of an idea that became influential and has since been popularized.

Even if the paper's authors are gifted writers (which isn't common), these papers represent early iterations of the presentation of an idea. Later, people who specialize in writing will come along and refine the presentation.
Not unthinkably expensive at all, at least compared to retail: Amazon lists several new copies of the second compact edition at $400–500.

Adjusting for inflation, that's comparable to the $273 retail I paid Amazon for my copy in 2002.

As with many other commenters, it remains one of my most prized possessions, and something I still use on a regular basis.

I'd personally be wary of used copies purchased sight unseen, as the paper is quite thin and easily torn, even under arguably "moderate" use, and would probably save up for a new copy if buying today. If nothing else, the used copies tend to be missing the supplementary materials (slipcase, magnifying glass, user's guide).
Saw this in interview at an RV company. Their market tanked in 2008 and the invested in engineering projects. Bought competitors after the recovery by selling newer better product.
I have the distinct impression that Yelp's corruption is so widespread that it is evident even to the general public, and a good rating in Yelp is approximately worthless and has been for some time. I'm sure there's some non-zero value, but if the businesses that are paying for good Yelp reviews are paying any significant amount at all, they are getting ripped off. Which, given the circumstances, is a bit of karmic justice, I suppose.
Thanks for sharing this it's interesting. The first thing I've noticed is that his estimate of the tax revenue is far lower than other far more detailed estimates I've seen by economists.

But by far my biggest objection to his arguments is that he ignores the way density impacts land value over time. If we build huge skyscrapers in the countryside it's reasonable that businesses will spring up around them. Various economists have modelled this and land value increases in proportion to the income of its occupants. It's one of the reasons cities need to pay developers to get affordable housing. The allocation of people into housing that was once affordable in the market sense will naturally result in rising land values and rising rents. In no time and no place in history has density made land cheap.

If we choose to dot the countryside in huge towers the land on which those huge towers are built and the land of the shops immediately beside those huge towers will have a high value that tapers off quickly as you head further into the now empty countryside. You end up with a strange peaky distribution. In practice, the increasing land rents of the building and the decreased land rents of the countryside would encourage occupants to leave for greener pastures. And the developers would know this would happen before even building a huge building in the countryside because it is economically well understood.

He also makes far too big a deal out of the need for a negative land market. You can keep abandonment if you just have a 95% LVT instead of a 100% LVT and you now have a market where land values are overwhelmingly positive.
And I am looking forward to have many other different teams reproduce your results independently.

I also would like to notice you did not explain why my blue "picture" would be less a "picture" than yours.
The more I read about LVT the more clear it is to me that it legitimately solves many, many problems society is currently facing. The housing price crisis is effectively solved by LVT. The "greedy landlord" meme is effectively solved by LVT. Income tax being distortionary is solved by LVT. NIMBYism caused by people wanting their home to be worth more is solved by LVT. Yes, some are better off, some are worse. It's not as clear as you think though. Rural land is worth very little compared to urban. The real losers are people who have single family homes in desirable areas.
Assuming those subsidies and rebates are actually administrated. That's a very big assumption and all precedent points in the opposite direction.
> Wow this Sherlock Holmes-level research.

It isn't very hard to click on the usernames after you see some suspicious messaging from similar accounts.
Well MS-DOS is still around.

But nobody uses it because the industry moved to more efficient software after seeing there are better ways to solve the problem.
Yeah, but not as dumb terminals, hence no emulation.
Matt Levine is usually great. But the reason why UST at 0.98 makes the whole thing collapse is not because people “rely on them being worth what they’re worth”. It’s because you can sell UST into Luna for arbitrage minting new Luna in the process, thus inflating Luna.

But Matt knows this. He describes the whole mechanics in his newsletter like 3 days ago. So not sure why the stretched analogy here…
What is it that Google, Cloudflare, OpenDNS, etc are doing exactly that make their open DNS resolvers acceptable?
I've been angry about it since the beginning. This was predictable, and now people are asking for compassion?

Compassion was us yelling about this since the beginning.

Compassion was the folks who developed Dogecoin as a satire coin to explain the problems involved in the system.

Asking people to 'be full of compassion' is fine, and dancing on graves is terrible, but the time for compassion was the warnings that were years back, in the face of 'have fun being poor' taunts, while never ever folding or letting up. The sentiment here was the same type of nice but not kind nonsense that has gripped much of the culture.

I try to think of the people I convinced not to speculate in these markets. The fortunes not lost because people came to me as a life long investor, asking my opinion of cryto markets, and me carefully arguing that they were a commodity, not an investment vehicle, and you don't generally invest in rocks, because rocks don't produce anything.

Those of us out there that saved people from losing their life savings will never be acknowledged, because humans do not care to think about the lives that were saved by safety precautions, only the lives that were lost due to negligence.

https://medium.com/@philberent1/why-the-terra-luna-protocol-...

https://twitter.com/jordonaut/status/1352363163686068226
The cat and mouse game of bots vs captchas has been going on for a long time and has become increasingly sophisticated. "Just use a captcha image" is a 10 year old solution, if not more.
What a mess. And now I just saw this. What?

"Leading crypto exchange, Crypto.com, has announced that its users who traded embattled Terra’s native token, LUNA, on May 12 at around 12:40 – 13:39 (UTC) did so with the wrong price.

Crypto.com, one of such exchanges, has revealed that traders involved in the concerned transactions would have their transactions reversed, and a $10 reward in CRO, the native token of the platform, would be given to them as compensation for the inconvenience."

https://watcher.guru/news/crypto-com-reverses-traders-luna-m...
I think a more thorough answer to this question would require me to put too much detail out in public than I might be allowed to, but suffice it to say that we don't. We also don't really have a problem hiring and we pay above market, so this isn't me lamenting how tough the market is or anything.
I've had that often too. I'd guess its "OK" in the sense that it's a bug, I can't conceive of any malicious intent behind that (compare to e.g. Uber Eats arrival times that are lies to try and make something look better). It's clearly undesirable behavior though.
That article doesn't.

However,

https://theoutline.com/post/7951/elon-musk-pedo-guy-south-af...

https://www.businessinsider.co.za/elon-musk-pedo-guy-really-...

https://slate.com/technology/2019/12/elon-musk-trial-pedo-gu...

https://www.iol.co.za/saturday-star/news/elon-musks-pedo-guy...

Worth noting that, even if it was common 'slang', the meaning hasn't changed one bit from what we attribute to those words today.
Stable is right there in the name.