skysight-inc/HackerNews huggingface dataset:
It's the same dynamics, though, and "bank run" is the historical term used for these dynamics, i.e. institution takes depositors funds, institution loans out funds to other parties (the difference in the crypto case is that it appears this was done illegally, while in banking it's the underpinning for our financial system), and then there is a crisis of confidence where people run to take their money out, with the fear that you don't want to be last in line when the run starts.
Did they actually earn it, or did the people who worked for them earn it?
As a software engineer, I was alway curious about how computers really work on electronics level and how code gets compiled and assembled and finally executed by the machine. I followed the free courses from Ben Eater about building a 8-bit computer from scratch https://eater.net/8bit and building a computer using the 6502 cpu https://eater.net/6502. Following these 2 courses made 4 topics click.
As soon as the EUAs were issued, the vaccine manufacturers shut down clinical trial followup and, in many cases, allowed vaccination of the control branch of the trials. Same for Paxlovid, where support for independent trials was refused.
When I was an undergrad math major, linear algebra was one of those general foundations math classes that students from all the science majors were in. Because of that they had to teach a lot of sections of it, and that meant grad students lecturing it. The class was kind of a mess, but luckily professor Strang had these lectures up online even back then (2003 probably). Who knows how I would have done in that class without them, they really saved me at the time.

I should revisit them, I remember them being great!
The courts do this all the time. This is why justice is symbolized by a scale that is a constant balancing act between justice and mercy.
You've got it. They certainly don't create these IOUs for -any- reason (I'd wager there's legislation that strictly governs this.) In practice deposits (customer assets/bank liabilities) are created simultaneous to the customer handing over an asset of equal value: their promise to pay down the debt, such that the books balance.

A side note to think about: Although the memes might have you believe that 'money' is being 'printed' by the bank, in actuality the true creation is happening on the side of the customer whom, from nothing, manifests an asset into the world: their promise to pay. Intentional or otherwise the system obfuscates this fact.
Sounds like it was written by GPT3.
> The cryptocoin community wants 6%, 10%, 18%+ returns on their "stablecoins".

As far as I know the two largest stablecoins (Tether and USDC) do not pay any interest. The interest that some exchanges pay on stablecoin balances is because they lend them out and/or use them as collateral. But that does not have anything to do with the stablecoin itself. If VMFXX was tokenized on the blockchain it would be used in exactly the same way.
The reputation of the crypto eco-system is already trash. No one serious puts a non-trivial amount of money in this garbage.
> there is no reason why crypto has any value. Given that bitcoin transaction times are nowhere near VISA or cash times,

You interchanged crypto with bitcoin, but bitcoin is not all crypto. The value of crypto comes from them being decentralized and independent of a financial bank. This has the negative side effect of it being very valuable to illegal and fradulent activity, too.
Democracy dies in darkness.

- Journalists, 2022, while actively killing the entire field of journalism

It would be hilarious if it weren't so sad.
Once the money is in the foundation or DAF, you can't get it back out again to use for personal gain, and you really can't use it to pay yourself.

If you make a foundation, you can pay people to run it, and they can be friends of yours, even family members, but it's not like you can pay them ridiculous amounts of money compared to other foundations. That would be illegal.

That's not to say some people don't try that, I'm sure. But if they abuse it to much, they will likely get caught eventually. Certainly some probably pad just a little, and nobody raises a fuss, but it's not like some instant magic hide from estate tax thing. It's more like, hire your kid that's to stupid/lazy to work for a living. Sure it can be a totally cushy job. It's not any different than mom and pop's grocery store back in the day hiring their idiot kids to make sure the back wall of the store doesn't fall over. Sure it's a mostly pointless job, but it's not illegal to do that.

Since it's their money to control, they can of course use it to prop up some particular viewpoint, but it mostly washes out, since both aisles of the political camp can and do stuff like that.

So that article is mostly just uninformed crap, sorry.
https://www.coursera.org/learn/programming-languages - recursion, and how to apply it, and functional programming in general clicked for after this course.

Also Code Complete - after reading I finally understood what good code should look like.
Banks are also incredibly tightly regulated and your deposit is in almost all developed countries insured [1] by something like FDIC [2].

What the failing crypto exchanges are doing is similar to you buying stock in Apple, but they figure that Wal-Mart will give a better return, so they buy that instead, and when you go to sell your Apple, they hope to pocket the difference. With the fintech variety of financial engineering on top of this.

[1]: https://en.wikipedia.org/wiki/Deposit_insurance

[2]: https://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corp...
"People only care about consuming" -- it might seem that way to a lazy beholder. The entire digital landscape is engineered for consumption -- of ads, and the products they advertise.

Yet individuals continue to CREATE content on which these parasites piggy-back. We are creatives by nature. The consumption is just one facet; had we built "the internet" out of tools and spaces more suitable for creativity, perhaps this would be more reflected in the general trends. Even now, you can't stem the tide of silly, interesting, creative things people post in these narrow, controlled channels.
No, of course not why should I boycott Qatar ?
Is Qatar responsible for death of millions of innocents like US or Europe ?
Is Rainbow propaganda should now be universal truth ? and imposed on other culture s ?
Should Sport become a political arena now ?

No sorry I will not boycott Qatar World Cup
I see. So it seems like a good reason to change the names is so people don't lose marks over spelling mistakes.
Notional billions because unless new real money comes into the system, the BTC taken out are worth very little.
Except that the DOE loan was for 465m. If they lost 1.7m in the quarter then the DOE loan wouldn't even be 1 month of operations. Even with inflation, the loan they received wouldn't touch the losses rivian has been having.

I do love their trucks and hope they succeed though
You can get in touch via help@upbase.io
"We could apply a really high tax rate to billionaires, but that has its own set of problems"

What problems?

For whom?
Bring back webrings? They were a great easy way to stumble on personal sites.
> You can't get banned from email.

If you're on Google or spamhaus's blacklist, you're effectively banned.
>yes the Tesla body frame meets my needs. But the battery I knew was bundled with it can’t use unleaded gas and I need to drive to rural areas where there aren’t any battery chargers available.”

The fair example is if Tesla would only allow you to use Tesla electrons, from Tesla electric generators. I van put non Ford petrol or non Ford oil in my Ford.
I could put my own browser in iOS and it would work just fine but some companies does not allow it, it is not a material thing like your ridiculous example, an IF statement prevents me to run the real Firefox on iOS. When an IF statement in Tesla will prevent you using non Tesla electrons then you can use your shit example.

When OP bought an iPhone on the box it did not said "only runs what Apple thinks is social correct and only what Apple thinks is not a financial risk for Apple".
I don't know much about RabbitMQ, but with XTDB, it basically runs in the application already (akin to sqlite) while using another DB engine for the actual storage. So with XTDB you can store things in memory, on disk via rocksdb, or JDBC connection (whatever that supports, MySQL, PostgreSQL and so on)
Ponzi has a very technical meaning and people instead use it to mean "Every Scam" and it gives an effective defense for scammers.

Many scams end up operating as a Ponzi scheme in their final days as it keeps them afloat a bit longer, but the actual scammy loss is often not a Ponzi.
It's not the media's fault these people commit crimes
DF Retro: The Making of Doom on Super NES [video]
Missing: the Danger Hiptop aka T-Mobile Sidekick, with its swivel-up screen revealing a full keyboard in landscape.

https://amp.www.complex.com/pop-culture/2015/09/history-of-t...

This thing's software is maybe more interesting than its form factor, due to it being a kind of proto-Android stack (Java VM equivalent with some amount of build-time bytecode preprocessing to accelerate it on devices)
> Journalists should have the incentives to expose the scams

I agree. But the incentives are gone. A huge portion of the investigative journalism industry died when hard copy newspapers died. A lot of those journalists now work for private industry doing competitive intelligence. They need to pay their mortgage just like software developers do. Very few people pay for hard core journalism now (ads by their nature mainly pay for clickbait, and even then the 'journalist' sees very little of the income)
Well written, Go’s sweet spot is definitely APIs and CLIs, Rust just has a bit too much overhead for this stuff unless you really need the performance
> Even more criminal that they get away with receiving 'green' funding.

It may sound counterintuitive, but corporations like DRAX are exactly who need this funding, because without it, they would continue to not give a shit and just pay greenwashing lip service to these issues. If you give them the money specifically for that, then you are at least increasing the odds there is positive change from the places that need to change the most. (i.e the largest polluters).

Everything is about incentives. If you create this big prize of 100s of millions of dollars to receive, with the caveat that you have to show effort in going green, then you've created an incentive that wasn't there previously for the positive change you hope to see.
> People want to participate, they want to be part of a conversation.

Are you potentially speaking for a vocal minority here that wants to be part of a conversation while ignoring the many than simply read (consume)?
No, it is like Twitter & Instagram Stories had a baby.
That's not how an exchange works, though.

Exchanges provide the infrastructure for trades to happen (i.e. they maintain order books, match market orders against these, ensure that settlement will eventually happen etc.), but do not take on financial positions themselves.

The "exchange rate" is only determined by the order book, i.e. ultimately by supply and demand.

So if an exchange makes money, it needs to charge at least some of its participants for these services. That can happen through transparent fees, or through less obvious mechanisms (like making retail trades free, and charging an exclusive market maker for the privilege of that exclusivity).
Melting Arctic ice could transform international shipping routes, study finds
AppSmith!
Apple will probably get away with that as it is all in the fine print. But,

1. Let's not forget vast majority ( if not all ) of people on the Internet, inclusive but not limited to Main-steam Media, HN, Reddit and Twitter who commented between 2017 and 2021 thought privacy meant anonymous. And before anyone disagree, very very few on HN even bother to downvote or stand up against the notion of privacy meant anonymous.

2. Apple play this card, both in PR and marketing, along with media ( Submarine Article or not ) as a tool against Facebook. Or Social Media but let's be honest we all know they mean Facebook. And of course, for people from US, after 2016 Facebook is the most evil company on planet earth. Any Facebook bashing equals great.

3. A lot of people were brought into the idea of privacy meant anonymous. So in other settings, Apple use the word "personalised" instead of Data Collection, cough, I mean tracking.

4. The good thing about all of these, anything illogical will have to unfold some day. ( Just like Crypto ) Apple of course collect Data from you. Apple of course has all the Data about your usage pattern. So when some people came to realise privacy doesn't mean anonymous, I guess they aren't so happy?

5. Apple's true definition of privacy is that All Apple's user Data belongs to Apple. Any data to third party are by definition "Tracking". Since Privacy is a Fundamental Human Right, I guess the only choice is to give Apple all your Data?

6. Most people, especially tech nerds will likely play the I trust Apple more than Google card. Because Apple are not in the Ad business! - That was 2017 to 2021 if not 2022. They have their ads business right infront of you for a long time. They have been preparing their Ads business for a long time. Most tech nerds, or Apple apologist just turns a blind eye to it.
A lot of day traders on FTX are learning first hand the value of DeFi and self custody.
If I am then that is only by their own design of splitting these things, don't blame me for that.
Individuals can, though. Just stuff your cash into your mattress— boom, decentralization achieved.
You need to have massive balls to go after billionaires and their army of lawyers.

And the public doesn't help with their hero worship of tech douchebags.
That's fair - in any case, the segregation of customer cash and securities from proprietary activities is a (the?) fundamental obligation of broker-dealers.
Visual introduction to Fourier Transform from 3Blue1Brown: https://www.youtube.com/watch?v=spUNpyF58BY
> I suspect some of the Mastodon admins will learn this lesson with time.

I doubt it. A lot of the new instances are invitation-only, and the point of Federation is I can just run my own instance and seek out the content I desire. I don't have to let anyone else onto my instance.
The point is to custody money, of any sort. And for that, they are excellent - the economy of scale in having a single organization arrange for security of such money for thousands or millions of customers, is unbeatable. Unless you enjoy employing security guards, building vaults (digital or otherwise), and arranging transports, you want to use a bank - or risk losing all your valuables to skillful thugs every single day.
I've wondered, as wealth inequality grows, perhaps the poorest among us simple won't have enough money to exchange for goods. "Sorry, you don't have enough money to make a haircut worth my time, but if you let me invade your privacy and show you ads until the end of time, that will be valuable enough to exchange for a haircut. Read and sign this 200 page contract and I'll go get a chair ready."

See also essential software that cannot be purchased, only rented. Many of the most essential apps today are not paid for with money, occasionally people talk about how they want to pay for these apps (in exchange for better customer service, etc), but no, they don't want our money, our money is worth less than the data we give.
If compliance costs and liability were shuffled onto developers working for free, I'm pretty sure you'd see a sudden drop in EU OSS development.
This strikes me as a good place to start, both for founders who are running something for the first time and also for more experienced execs as a good review of the fundamentals. In other words, I wish I had seen something like this when I was starting Dropbox in that a lot of our scaling problems would have been prevented by doing these basic things properly and consistently.

(I don't know Matt, and haven't been coached by him, but I do know a lot of the founders he's coached, and have read his book https://www.amazon.com/Great-CEO-Within-Tactical-Building-eb... which covers much of the same material.)
Is there a more general framework for understanding when a sudden amount of variation is expected and perhaps rational? The analogy is very loose, but this makes me think a bit of the cambrian explosion, or periods when a sudden environmental shift is followed by a profusion of new species. When a new 'space' is opened, it seems like a range of things can try to fill it, until one strategy becomes dominant, at least until conditions change?
Banks existed long before fiat currency. If you're ignorant of the history, I suggest you look up "history of the bank note".
> The researchers uncovered these findings using a jailbroken iPhone running iOS 14.6. Notably, while the team discovered similar iPhone activity on a non-jailbroken phone running iOS 16, the data was encrypted and it was therefore not possible to determine exactly what it contained.

And this is why "security" to prevent user control or even knowledge of "their" devices is so important.
Ban shell companies while we're at it. This is not sarcasm or exaggeration. Companies should not be allowed to own majority stakes in other companies or obfuscate their operations under sub-brands of sub-brands.
Twitter didn't scale. Not at first.

Those of us on it during the early days were well acquainted with the Fail Wail.

But, with a lot of engineering work - and constant upkeep - it began to handle the load. Let it be so with Mastodon.

Nearly every point the author makes is subjective. That's fine, of course. But it doesn't help demonstrate that users do (or don't) want centralization.

Personally, I'd rather be moderated by my local community than by a faceless American company trying to appeal to advertisers. And if I don't like their stance I can go elsewhere.
It's called bistatic radar.
As long as you‘re not financially profiting from the project, the legislation does not affect you. The moment you do financially profit of it (for example, if you have a business around it, or the software is developed by a business), then things get a little more complicated - if you have no clients in the EU and don‘t market or sell to the EU, you can mostly just ignore this. If you do, then you probably have to care about this.
They should have treated their reservation holders better. I put in a reservation before they signed a delivery van deal, then they played pricing games, then IPO games, and now I'm hearing the RWD versions are being cancelled.

Maybe their partnerships will keep them afloat or maybe the quad motor offering will be enough. Either way, I've lost all interest in this company I supported early on and I know I'm the not only one.
Government jobs in the US are very hard to get fired from. You have to actually commit a crime, have a history of gross negligence, or just make a big enough mistake during a probationary period to get fired. Appointed positions are probably the easiest to get fired from as the executive can just dismiss you although a forced resignation is more likely to happen. These jobs also have a lot of long term security so they are hard to get and are sometimes only open for current government employees. The downside is that they pay less than a corporate job but that's fine for some people who just want indefinite tenures.
Thank you, however please note that Data Security and Data Privacy are distinct topics.
knowing how lazy & comfortable people are with banks probably 90% of the 'casual' investor space is entirely on exchanges.
> Corporations produce more to meet demands of consumers.

Let me rephrase:

Corporations produce more to meet demands of consumers....However corporations maximize GHG emissions in order to deliver at a lower cost and maximize their revenue.

Corporations are continually allowed to externalize production costs with environmental impact because no one is stopping them from doing so either by regulation or supply-side shortage.

The ability to deliver goods is dissociable from GHG emissions. This whole spin of making companies somehow victims of consumers is corporate bullshit.
In the UK, it is estimated up to 1 million are taking them which would be around 1 in 33 males. The article was from 2018, I'd bet the number has increased since. Obviously it depends on a multitude of factors but you most likely have an acquaintance who has tried them but keeps quiet due to the stigma associated.

https://www.theguardian.com/society/2018/jan/21/up-to-a-mill...
That's much better. It's not a monopoly, it's an oligopoly :-)
The negative comments are well earned. Yours is misleading.

They have spent the last few years burying and neutering all of the features that you claim "work fine."
So he's third, and the rest of the top four are entirely by choice. He's the only one to break the two-year mark in airport confinement due to documentation issues.
I could believe that they know exactly what materials the disks are made from and they know how stable they are and that the materials don’t react with each other. “Stored properly “ could mean in a light proof, EM proof, temperature controlled, vacuum sealed container
Don't leave out that this person probably just went through a series of wonderful whiteboard hazing interviews as well.
It is for your own good. And for insurance companies.
>"Not to mention the transaction fees are so high that moving from a wallet you own to an exchange can cost non-insignificant amount of money."

I realize that transaction fees are probably a moving target but is there a ballpark figure you or someone else could say? I'm guessing it's percentage-based?
Don’t buy the cloud repatriation claptrap
Sorry, we're changing that.

The only question is whether we (proponents of gender-nonspecific and plural-nonspecific "they") will beat them (people who misspell "lose" as "loose" — remember, it only takes a simple majority[1] (and a bit of time for people to get used to it) to change the language(!)).

[1]: As we all are undoubtedly aware, the spelling "cancelled" was canceled via this mechanism, one or two decades ago.
> slipped under the radar

No, sorry, that is their job description. But since we're using radar as analogy, let me introduce to your new friend, IFF (Identify, Friend or Foe).
How much do you pay for electricity?
Which charities i wonder?
My God, what is next, Kraken?!
I used this to get up to speed when taking Machine Learning grad courses, having never took a Linear Algebra course in high school or undergrad.

Along with the wonderful MIT videos! Just a man and a chalkboard, explaining the core insights and relationships behind linear algebra concepts.
There is no semantic game, open source software is a term of art with a much more specific meaning than the source being available. If you find this draining then you can simply stop trying to misappropriate the term.
Developers working for free are explicitly exempt. The article lays out that the carve-out has issues and those should get resolved, but fundamentally it‘s there.
All of these "internal tool builders" don't excite me as much as the concept of a "saas building builder" - I think https://saasrock.com (bias since I'm helping) has unique potential.
What are you buying instead? F-150 Lightning?
Actual title of the article: "World's population 8 billion and counting"
DePy - decentralized pyramid.

I say this in jest. There are more than one reason to be interested in crypto, but when bitcoin suddenly went from 1BTC=USD$1 to $1BTC=USD$100 (I don't actually know when the boom happened--I wasn't watching that closely) the individualist, libertarians were obscured by the quick-buck types looking to turn their thousand into a million. Thats when the scammers all came out.