skysight-inc/HackerNews huggingface dataset:
They’ll be fine. There’s another sucker born every minute (although, you know, declining birth rates).

No-one learned their lesson after 2018, so they aren’t about to start now.

People like easy money. If you tell them the truth, they’ll just accuse you of trying to trick them into staying poor.

It’s a can’t lose business model!

Sarcasm aside, the total return of Bitcoin since the peak in 2017 is now approaching 0% ($20k peak). I suspect that alone will do more to break the spirit of the twitter hype mafia than anything else.

Even after everything that has happened lately, regular old S&P 500 index funds are up about 65% in that same time.
> I am the CEO, and the buck stops with me.

I assume that means Brian is part of the 18% then, right?
Limited to 10k/year
There's absolutely zero point venting out frustration on fellow working class members when upper management and up are actively trying to reduce costs by cutting headcount and/or wages relative to profits.

This race to the bottom is how software devs will become the new "teacher shortage", and how wealth will continue to funnel to the upper classes with those on the lower end unable to climb up.
>exploit people's dire situations for profit

Unfortunately, here you literally describe the concept on which capitalism is based
Are crypto assets held by Coinbase at risk if this continues?

The old adage, store it on your own wallet, has its own disadvantages (like proving ownership more than 12 months and losing it).
To be honest this is the more concerning thing in that quoted statement:

> "Given the number of employees who have access to sensitive customer information"

Surly they should have very very few employs that have access to that type of information?
crushing might be a bit too far, but they are certainly ahead of Coinbase in volume with lower opex
https://coinmarketcap.com/rankings/exchanges/
Hiding essencial UI elements on hover, like elapsed time on Music, close checkbox on notifications, dimming enabled shortcuts on menu items, the list goes on
As a public company, are they not required to plan layoffs in advance? i.e. does the WARN act not apply here?
This is absolutely untrue. In Europe we work several days/weeks after the layoff notice. You can fire people from the night to the morning only in US
UKIP when it was actually popular was first and foremost an iteration of the Nigel Farage vehicle.

Now, UKIP had existed before Farage, and it existed after Farage, but as with a typical far right party it's full of nutters who don't know which part of the message you can say out loud, so it's unelectable. Indeed, in actual UK parliamentary elections even Farage was unelectable, which is why he got into the whole "Brexit" thing because EU elections are seen as less important yet they're also multi-member PR so you can get 20% of the vote in a four seat region and expect to come away with a seat even though the vast majority of people in that region hated you.

Mostly though, for Farage this is and always was a scam. So the subsequent parties unlike UKIP were founded from the outset as scam operations e.g. "The Brexit Party" was a private company, owned by Farage and co., profits for the owners not members (indeed for ages you couldn't "join" that party), and paid for by the candidates who Farage then promptly sold out because it was convenient for him personally. You should see all that family of parties as just "The Nigel Farage Party" much more so than e.g. Republicanism is "The Donald Trump Party" because while you're not going to see Republican leadership actually say Trump is a piece of shit any time soon, they'll be here in ten years and he won't whereas the Farage parties without Farage just wither away and die.

Anyway, my point is, the popular UKIP was just the Farage Party, it's primarily about putting your money in Farage's wallet and the bigotry is a side show, without Farage that's the main event.
This one will probably be a lot larger though; crypto hasn’t seen a real economic recession as such and so many people believe (but in religious way) that it can weather it. If might survive but so far it just crashes together with everything and we will see below 10k this year for btc as people want and need cash and inflation hedges.
You can do networking by getting on a server and opening ports, or your can do software defined networking via things like terraform or other solutions which includes defining lots of other stuff in a technology stack.
The platform tools answer the question of, how do you get the servers? how do you get the code on them? and how do you manage changes in those environments?

Devops CI/CD, SRE and the cloudy stuff all sort of fall into the bucket of platform tools and have jobs attached at the end of the day. Whilst it's not the most exciting work (to me at least) there's a lot of it out there.
Or, you know we could just ban cryptocurrencies.
This is the democracy version of p-hacking.
Not too hot about Meta. TikTok has been eating their lunch and they can't seem to catch up.
Crushing in terms of their promotion army heavily shilling it on social media - yes. In terms of users no.
1 and 2 are signaling to the stock markets that they are doing something to cut costs and internally to warn employees that layoffs are imminent so that they start looking out. Helps companies reduce severance payments and the logistics hassle.
The environment right now is very different than a few years ago. Risk is way higher right now. Reward is even more questionable.
Two words: Helicopter money.

Seriously. The problems you describe come from trying to pick winners. You cant. Just rent helicopter, and let the market decide.
Agreed. I hire interns every year, and I am continually astounded at just how incompetent so many people are who are months away from finishing a master's in computer science. On paper, I wouldn't expect a shortage of software developers. But as a practical matter, more than half of everyone I talk to who is about to finish their CS degree is very clearly not going to last long in this field. Not just because they are incompetent, but because software so clearly doesn't interest them. Right now they think the salary will be enough to keep them happy. Think again.
In Europe you have to keep paying the person, but it's not uncommon for them to be told not to come in anymore.
They previously used mail to send patches. I was also curious about a Gitlab/GitHub comparaison, but there is none.
I did? I bought some Apple stock in 2009 and still own it. I got some money for free since then—not just the (considerable) appreciation; AAPL also pays a dividend.

The difference between that and a crypto scam is obvious to me, or at least it has been so far. But that is because I chose to put a lot of work into understanding all this stuff. Not everyone has; that should not cost them their life’s savings.
What Google Search Is Like in 2022 [Comedy Sketch]
> What do you make of Sam Bankman-Fried describing his business as a literal Ponzi scheme

Strawman. He described DeFi yield farming as a ponzi scheme. [0] Not his own business.

Nice try though and thanks for playing.

[0] https://www.bloomberg.com/news/articles/2022-04-25/sam-bankm...
Everytime I’m rejected, I follow up a number of times. Usually that leads to an answer of why, even if it’s a generic one.

I will never understand why companies fail to give candidates constructive feedback. Especially at the final rounds. Even if it was “you were great, but we are going with someone else at this time”. One ounce of feedback is investing in people reapplying or wanting to work for your company. No feedback at all makes people look elsewhere.

Ambition and success are similar to me. It’s a few practiced disciplines every single day. Nobody can gatekeep that except you.
Reading your sentences in reverse order was entertaining
Sure, just collect rent.
Your logic is backwards. They don’t buy more Tether than other stables. (Well they do but that wasn’t the point)

The point is they are Tether’s largest customer. They buy more Tether than anyone else.
Asking as a layman to macroeconomics, if you think that the current rash of crypto companies collapsing heralds a greater economic catastrophe, do you have any advice on how to best survive another dot-com style crash?
I'm doing some work on a friend's startup, and we have a pretty stark divide between our hot path gateway service and our lower traffic services.

All three of our services are currently written in typescript with no plans to change, but I've earmarked the gateway as "maybe we'll rewrite it in Rust in three years." It's so small it's nearly trivial (so a rewrite of that specific service will be quickish) and infrequently changed (so hiring won't be as big an issue), it deals with low latency IO-heavy workloads (so we'll possibly want a language without GC pauses), and we really don't want it to break (so it's worth more effort per line).

Not sure how a hybrid approach will work.
And you still could use them for their original purpose: as a toy.

A few months ago I read a post on Reddit who someone who is now a teacher uses them as a occasionally gift for pupils: https://www.reddit.com/r/mildlyinteresting/comments/s5rz7s/c...
I think I managed to talk out my mother-in-law from investing into cryptocurrencies a year ago. Her friends were already in big time and she was having a fear of missing out. I told her that the market has been artificially pumped high and will be coming down soon. She's also very eco-concious so I told her the running the crypto system is really bad for the environment.

Her friends are apparently buying their crypto with the help of some "guy" because they don't know how to do it themselves. It sounds a bit scary, but it's their private matter.
Nobody's using crypto for its intended purpose - its value proposition when it comes to payments is just as dubious as it ever was. The vast majority of the attention for crypto has been for its speculative aspect.
Crypto scams don't even need to involve any actual cryptocurrency.
Such as in the case of Onecoin [1] where there was only the illusion of one, used as an excuse for promising great returns.

[1] https://en.wikipedia.org/wiki/OneCoin
Hi, thanks for checking it out and leaving some great ideas. A graph comparing with two strategies and seeing which was more effective given a certain starting date would help people see your point.
> Perhaps, or maybe gpt models will reach AGI capabilities way before version 42, and able to fill every role in a corporation, from CEO and down.

That’s assuming that corporation are all about delivering the product they sell, and that the "side effect" of social bounds it generates is insignificant.
Why won't one see the same thing with Kraken?
Coinbase has not, however, been through a bear market. Nor has crypto
It’s true in the US too, depends on the risk of terminated employees causing intentional harm. Most of the time layoffs come with severance making it similar to your “garden leave” situations.
I don't use it for payments due to regulatory headaches. But the supply-side economics is not to ignore.

It is advantageous to Bitcoin. US M2 money supply grew 8.04% in the past year [0], while Bitcoin's grew ~1.75% [1].

Yes, demand has its 80% ups and downs, but each crash was to a level higher than the previous.

[0] - https://ycharts.com/indicators/us_m2_money_supply_yoy

[1] - https://charts.woobull.com/bitcoin-inflation/
This is great, it looks like it does a lot already and I really like the plugin system. I think you should definitely get the documentation written up.

One thing, the "Walkthrough" video in your README is unwatchable, because it displays very small. I had to download it to be able to watch it properly.
When people see that some other group of people, with identity traits different from themselves, are doing better than themselves on some metric, it often induces resentment. That's just a fact.

Whether its justified or not, varies with circumstances and what ethical system people have.

When black people in the 50's felt that way about white people and their privileges, most people today would see those concerns as justified.

When German people in 1922 became angry because most jews had enough money for food, while many Germans went hungry, and started believing in conspiracy theories, like the Protocols of the Elders of Zion, most people today would say they were not justified. (though there are still some who secrely believe those things)

And when Hutu's wanted to "cut down the tall trees" in 1994, most people in the west only read the headlines, and didn't care that much.

In the case of HR managers being unhappy that software developer make more than them, some will blame some generic "wage gap", others will explicitly believe in some kind of Patriarchy conspiracy theory. (And a lot of HR managers, of course, are simply fine with things as they are.)
That's how I see it as well, it's low income/poor people who actually benefit the most from amazon, because they both get higher paid jobs and lower prices.

I would be very very surprised if there is a majority of the people working for amazon that wants to form unions, I'm sure it's just a small minority.

The actual working class people probably really don't want middle class people to "fight" for them in this way, and be used as puppets in their virtue signalling competition.
Porkbun does not sell `.nl` tld / domains... weird.
Yea, this is just propaganda for the capital owning class
Is Ultrasonic Secret Communication Possible from a Stock MacBook Pro?
I agree and am in general a big fan of FTX and the guys that work there. The CEO, Sam Bankman-Fried one of these HFT guys from Jane Street and his net worth shot up from 0 to $24 billion in just a few years. He kept things super lean and focused. But in the last few months it looks like he's hired a PR team and is all over the place: podcasts, obviously planted news stories, etc. He even hired a head of fashion and luxury partnerships and even has an ad out in Vogue.

I get that he may be looking forward to spending his wealth, but I feel if he doesn't keep focused his company will decay and he'll get sucked up into celebrity BS.

https://markets.businessinsider.com/news/currencies/ftx-bloc...
Unfortunately it's common enough. It's harsh, it's cold, but ultimately for companies it's a real necessity. The explanation is blunt and correct - even a single malicious actor can enact HUGE devastating harm.

It doesn't have to be hot wallet / cold storage. Source code, business plans, revenue & profit statements, SSH to servers, physical access to datacentre, client contact lists, etc etc... there's a myriad things that are either valuable to the company or can cause harm to the company.

I've been escorted out of the building during a layoff once early in my career. Friendly, smiley, fake. It felt AWFUL. I'm as goody-two-shoes pacifist laid back easy going do-no-harm as it gets... and I definitely had various strong emotions going through my head heart and body at the time. So on both cold & rational, as well as personal & empathetic side, I understand both how the individuals feel as well as why companies need to do it.
> This is why they say "you can't cheat an honest man"

W. C. Fields was joking when he wrote that line. His con man character, when caught, was attempting to blame his mark for having been cheated.
I wish most carriers allowed you to record a voice message, but actually have no slots to record so that people can't actually leave a message.
The main value proposition is to sell to the next person for more than you paid. Everything else about banking the unbanked or other vague goals about being better than fiat are to convince the next bag holder.
Never heard this happen (Scandinavia) other than in the cases where an employee clearly breached laws or company policy. Standard procedure here is that you as a salaried employee will be guaranteed 1-2-3 months (depending on your contract) of notice.

Edit with example: https://www.arbeidstilsynet.no/en/working-conditions/dismiss...

> An employee may usually remain in the post as long as negotiations or legal proceedings are in progress, provided the courts have not decided otherwise.

> [...]

> The employer may summarily dismiss an employee if he or she is guilty of a gross breach of duty or other serious breach of the contract of employment. The employee has no right to remain in his post while the matter is being considered, unless the court has decided otherwise.
I don't want to spoil, but the show displays a much faster social progress than our reality, and explains it with a rich political context.
Makes one wonder how much the naysayers of today have read from those days for anchoring.
I've worked on security products as a SWE and as a SRE over critical systems, I've never seen this kind of behavior. This says a lot about the relationship Bryan and his team have with the people that work with them, imo.

Edit: not sure what's up with the current iteration of the HN crowd, but downvote is not equal to "I disagree".
With the caveat that I'm approximately as crypto-skeptical as they come, (a) the interview snippet in that video sounds like SBF describing how a hypothetical could work, not his actual business - though it's hard to tell with all the interruptions from the host yelling "Ponzi!"; (b) the interview snippet in the video doesn't even obviously sound like a Ponzi scheme, but more like an exploration of collective actions and collective beliefs, which is...not unrelated to how regular money works?
I suspect you're right, but Coinbase does have a reasonably large London office from their job postings. If anyone there is affected it is important they know their rights.

I have worked for US companies going through a mass redundancy where they just avoided any UK based redundancies to avoid the headache.

I also value making clear to US-based readers that such protections are important and do make a difference to how companies behave. If readers don't like living in a world where they fear very immediately being cut from their job then they should know there is a different world out there and they should lobby their representatives for change.
What’s happening in India is merely the westernized elite losing their grip on culture: https://unherd.com/2021/04/the-culture-wars-of-post-colonial.... But the desire of Indians to have their country without other people in it goes back to independence from Britain.

Calling it “nativism” would be inappropriate because that would make it seem like a thing that needs a label. To the contrary, that’s just how most societies are. What we need a label for are the small minority of folks who feel the opposite way.
true, they call it gardening leave
Any white collar job looks better than McDonalds. It’s a ridiculous comparison.

I could say McDonalds workers don’t know how easy they have it. They should try picking fruit as a seasonal immigrant, because it will make them love working at McDonalds.
The intelligence floor for becoming a nurse is low, so nurses have extremely large variance in their intelligence, knowledge, and training. Knowing someone is a nurse doesn’t mean you can assume they are pros. Some nurses keep up with the latest medical research papers and are overall similarly knowledgeable to doctors, and some know less about biology than I do and will tell you about vaccine conspiracies and how some homeopathic nonsense will help you. I’ve met people at both ends.
I’m from a small Australian city. I earn in the top 5% of the country with 8 years experience and no degree. And I see all my friends who picked software in the same situation.

It’s probably the most privileged position possible.
> We built a giant illegal loft in our room to make it two stories (which we would disassemble for a day every year when the fire inspection happened). We did some stupid and illegal shit, sure. But the sense of community was unparalleled.

Sounds like toxic “bro” culture.

First of all, fire safety regulations are one of those things that are written in blood so speak. Casually bypassing them is not something to be celebrated.

Second, is it any surprise that people who come out of this environment then end up creating startups which skirt regulations, sell out their users privacy, and do “stupid and illegal shit”.
Crypto has had worse crashes in the last 14 years. What do you mean by you are right this time?
One single API to build CRM, Accounting, HRIS, and ATS Integrations
It's also worth considering what will keep the founder(s) motivated to stay focused and do good work. Yes, using JavaScript and Electron might be the optimal rational business decision, and in theory we should be motivated solely by the problem we're trying to solve. But if the technical cofounder, who's currently the only programmer, then feels that they're creating something that nobody can really love, and they get discouraged at the state of the world that led to that decision in the first place, that's not good for productivity. You can probably guess how I know this.
One of the few sensible comments here. As long as your product works well for your customers, they won't care what stack you used.
I'm not sure about California, but the federal WARN act and many state laws have an exemption for "unforeseen business circumstances" – a hole big enough to drive a truck through.
Didn't that video make her lose her job?
> the opportunity cost of working in a rapidly-changing field is highest for the best learners

It's not that learning is an unattractive aspect (I agree, it's a great feature!). Instead it's that it levels the playing field between those entering the profession and those that have been in it for many years. Yes, you still have "experience" as an advantage, but you can't say you've worked with LATEST_TECH for many more years than someone coming out of college.

Contrast that with other professions, like law, or medicine. Where it's not just "experience" working in your favor. But actual knowledge of the existing laws and medical practices.
"F. Vincent Vernuccio is president of the Institute for the American Worker."

Going by the articles on this institutes website and their call for donations (https://i4aw.org/donate/) I'm getting the feeling that this is a written by a lobbyist. For an institute that doesn't seem to do much other than aggregate news feeds and write blog posts, they hire quite a lot of people: https://i4aw.org/about-us/

Reading the author's articles (https://www.mackinac.org/about/staff/645) they have a clear dislike of unions. He's also a Fox News regular, apparently.

I'm not sure where this organisation got its 100k (https://www.causeiq.com/organizations/view_990/463062521/a60...) from other than the 30k donated by a marketing agency. Before their name change in 2019 they were called "Free Market Mommy" which is… an interesting choice of name.
Looks super promising
I think this is too small of a layoff for WARN to kick in. It has to be 33%+ at a given site/factory.

And generally if it’s in question they’ll just give people 8+ weeks or more severance. Here Coinbase is giving 14 or more…
Actually this is false and probably have occurred more than what’s recorded. The guidebook is enough information (although if there’s an AI who can comprehend the nethack guidebook that’s far more impressive than being able to play nethack).

https://groups.google.com/g/rec.games.roguelike.nethack/c/wc...
We may be mixing things up.

You can definitely be paid laid off employee for a period of time, while having your access revoked. They're completely orthogonal. Depends on role, company, situation. It's an assessment and tradeoff - is it worth / do I need the next two weeks of work and KT from this person, vs the risk of having access.

The notion of revoking security access to limit risk is definitely not a US thing.
If you'd like to hear the incredible story of the OneCoin scam, the biggest cryptocurrency scam in history to date (estimated over 14 billion USD), Jamie Bartlett created a fantastic podcast, The Missing Cryptoqueen. An 9-episode series investigating Dr. Ruja Ignatova and OneCoin. Soon-to-be released book as well.
name the celebrities at least.