skysight-inc/HackerNews huggingface dataset:
> FTX went down because Binance dumped their entire position all at once and exposed how cooked FTXs books were.

FTX went down because of how cooked their books were.

Whatever other stuff that was going on around the edges, they wouldn't have gone down if they hadn't cooked their books.
You're 100% right of course, but the thing is that my favorite method, I can't even enjoy anymore, unless it's with her.
>None of these would have been possible without the invention of double entry accounting, because before double entry accounting you couldn't even really run anything larger than a family business because there was no way to know whether or not you were making or losing money.

What? I thought the benefit of double-entry was that it makes fraud and inconsistencies easier to catch, not detection of profit per se (which single-entry can surface).
Exactly. Reports avidly regurgitate this bogus excuse, but the fact is that this keyboard was shit from day one. More Jony Ive trash that degraded Apple's products and insulted customers for FIVE YEARS... on top of the embarrassing emoji bar that they forced on users ("pro" users, no less) the whole time.

And the users who paid $4K for a top-of-the line laptop with a basically unusable keyboard get zilch. I had to put one of Apple's circa-2010 Bluetooth keyboards ON TOP OF my MBP keyboard to get work done.

The keyboard was so shitty that the Wall Street Journal mocked it with an entire article published without fixing any of the errors that it introduced. Then they have buttons on the page that you can activate to eradicate the defects, one kind at a time: https://www.wsj.com/graphics/apple-still-hasnt-fixed-its-mac...
Why does it matter? Spotify wants the freedom to set their own margins. Compensating artists fairly starts by kicking out useless middlemen, and Apple plays that role in this instance. Every developer deserves the right to distribute software on their own terms, that's not some extremist or abhorrent ideal to advocate for.
Making Unphishable 2FA Phishable
> you could still find yourself in a jam if their service goes down

This is true for many password managers that sync with the cloud. I use 1Password and I've made sure that I install apps on at least a couple of devices because the apps a local copy of the password data that can be accessed offline.

I've done that with another password manager that I used in the past too.

I used KeePass in the past and would likely still be using it if I didn't get 1Password free (free family account if your employer has a business account) and if I didn't need to have secure sharing with my wife.

Let me know if you know of a secure, convenient way to share password entries with another person using KeepPass that doesn't involve you sharing the your whole password database. I know you can have yet another password database that only contains shared records... but that definitely fails the convenience factor.
"The nature" is not a thinking and feeling entity.

Each particular deer is, though. And if you were one, given a choice between getting shot and starving to death, which one would you prefer?
Why aren’t they if they’re so upset about fees?

Are they actually so upset about fees?
It's funny that a spyware company calling other companies products spyware.
Are you talking about 1Password? What makes you think that?
Pretty much everything on the cloud is inherently multi-tenant at some layer of abstraction, but because the underlying infrastructure is multi-tenant doesn't mean the application layer needs to be (or that the fact that it's hosted on multi-tenanted infrastructure needs to be relevant at all to it).
I think the one takeaway might be that Crypto people sre dishonest. The Media didn't fleece their customers out of billions of dollars.
My guess is that Elon wanted some concession on the 30% App Store cut. He probably got it. In exchange he will stop going after Apple.
Hazarding a guess: A frequent theme in bullying (at least in my experience) is falsely building up an expectation of positive outcome, then pulling out the rug, while blaming the victim for having unrealistic expectations, usually with rhetoric that they are inherently unworthy of positive outcomes, so by deceiving themselves they have only revealed their compounded lack of worth.

Experience that enough and I would expect one could develop quite advanced heuristics to protect oneself from deception.
> It is now clear that what happened at the FTX crypto exchange and the hedge fund Alameda Research involved a variety of conscious and intentional fraud intended to steal money from both users and investors [...] [T]he funds were sent to the intimately linked trading firm Alameda Research, where they were, it seems, simply gambled away. This is, in the simplest terms, theft at a nearly unprecedented scale

https://www.coindesk.com/layer2/2022/11/30/ftxs-collapse-was...
Because Google will negotiate and Apple will not.

For example, Google and Spotify have an arrangement termed User Choice Billing wherein users can choose whether to pay Spotify directly or through Google's payment rails.

That, and iPhone users may have higher average LTV.
I spoke to a few Alameda/FTX people over drinks before summer. They were delighted to brag about the lack of separation between the two entities. Really there wasn’t any.
Netflix CEO calls resisting ads a mistake
Thanks for sharing your thoughts! I admit I was more into the technical details and had little thoughts towards WLB and other things. I'm probably bored about my life so these "grand things" do pull towards me. On the other side I have a family so I tend to put that over everything else (Maybe that's the source of boredom?) so these books provide the drug of "grand scheme + technology" which is really my thing :)

I'm glad that you maintained an OK relationship with Tom. It could be tough relationship.
Standard Oil has no obligation to give you oil the way you want it. If you feel this strongly about oil, then using a different oil provider (which there are many) is available.
The trouble is that the toggle for turning off the cloud functionality does not turn off this aspect of the cloud functionality.

Which is a frustrating oversight.
My apologies, I mean in terms of an AssemblyScript template / example project that takes advantage of https://github.com/lunatic-solutions/as-lunatic
Apple Music is their biggest competitor and they are very close in terms of userbase size. Apple Music is also (along with Tidal) one of the top places people go when they leave Spotify (for the various good reasons one might leave Spotify). Not much business point in trying to go after Google. The 30% cut IS a big deal but that's not the primary reason.

As for why so many companies target Apple's level of control over their ecosystem (even if they don't directly compete on a service) ... well ... there's the whole data privacy and anti-ad-tracking thing they have been doing. Nearly all SaaS businesses are also ad or surveillance businesses either primarily or on the side. Most of the press and legal challenges mounted against Apple are attempting to remove Apple's policy-level control over what is deployed on devices.

There is so much more than just the 30% cut.
I think I need to adopt a practice where if I open an article, like the one you linked, and the title is some alternative take presented as a universal truth without qualification ("Git commits are useless"), I immediately stop reading. Not because I think they are always wrong, though that is usually how they read to me, but because they seemingly fail to demonstrate any humility - a characteristic I think is probably necessary for a balanced take landing closer to truth. (I did read the intro paragraph under the assumption the title was just clickbait but things don't improve).
Halal slaughter is certainly not the most humane way to kill animals; it optimizes for religious taboos on consumption of blood more so than lack of suffering. For the latter, you really want to target the brain directly if at all possible.
??? IME soldermask is pulled back from the pad generally unless you're doing soldermask defined pads for things like BGA. Plus, the fab generally modifies the pullback themselves. My soldermask layer is pretty much just 1:1 with the pad outline, if I want a particular pullback I would specify that in the fab drawing.

I can't see how soldermask color would affect placement either, especially not if you place fiducials (or if the fab places them for you!)
>Nobody, literally nobody, said Bernie Madoff was "suffering from a solvency crisis." They said he lied and stole money. And yet SBF's alleged crimes are quite similar in nature,

It's even worse that that: they give SBF a free pass on referring to FTX's issues as being a liquidity problem, which implies his venture was solvent, but just needed more time to extract the value of its investments, even though that too is obviously false, and no amount of time would let him convert FTT etc to value he claimed in his books.

Edit: My earlier comment on abuse of the concept of "liquidity": https://news.ycombinator.com/item?id=33539326
Don’t worry, I won’t.

Snark aside, I think the current platforms are going to be the only ones folks use; and then there’s going to be stuff that is entirely different.

These clones are getting just silly.
How does this square with the fact that the reserve rate is now zero?

https://www.investopedia.com/terms/r/requiredreserves.asp
A lot of people using the OTPP to push narratives need to read up on it a little. It’s a massively successful pension fund that’s out there crushing it for public school teachers (32 year average return of 10%). The amount they lost here is not even a blip. It’s just part of the process of investing $240B of assets. You can captain hindsight it all you want but they are completely correct to make some higher risk investments along with the lower risk ones too.

I’m not suggesting that the OTPP is the best pension fund around. Just that there’s no story here. They invested a penny in a high risk venture and lost it badly.
to cut to the chase: hardest != highest paid
Oh, thank goodness the other hive is as safe as crypto.
I think the implication is, “I used to manage my own DB instance and I’m now willing to pay anything even vaguely reasonable to not have to do that again.”
Good luck with that - you'd need to have a fully standards-compliant HTML/CSS/JS engine in order to get the same output, and at that point that's literally just a browser (and would require a massive investment of time for maintenance).

A driver for an existing browser is the only reasonable option for the foreseeable future, with how complex modern web development has become.
So just long tap and uninstall them? It’s not analogous to the Windows Start Menu showing ads you can’t turn off.

What are the nags? I also don’t use Apple TV and don’t recall being nagged to use it.

The only thing that annoys me is the prompt to “finish setting up” my phone when I don’t want to turn on Siri. I get the prompt a few times and then it gives up trying to get me to turn on Siri and stays happily disabled.
Hm? The existence of panic messages doesn't preclude the optimizer from hoisting a bounds check out of the loop.
Thankfully after graduation we get the ability to often walk away from them however. Unless they're a HOA president I suppose
Hawaii site that measures global CO2 shuts down after Mauna Loa volcano eruption
How is OTPP’s performance (including expenses) relative to a low cost broad market index fund like VOO or a low cost target date retirement fund?
He is not the "fall guy" considering he, along with Alameda's CEO, make the direct, conscious decision to embezzle customer funds to prop up Alameda. Just because he stole what looks to be a billion dollars doesn't mean there are no other bad actors.

I think this article is great. I've commented on this for a while, but I still can't fathom why most of the media isn't highlighting that this was plain old, straightforward theft. There is no gray area here, the lack of crypto regulations are pretty irrelevant, and I'm glad a journalist is saying clearly that this was just fraud and theft.
I'm just here demoting the upvote/comment ratio.
I can only help saying that someone in this thread is a renowned Borges specialist who has written 5 books, is a professor, researcher and writer.
The basic idea is this: If he just sent customer funds from FTX to Alameda, that would definitely be fraud/theft as the FTX TOS said they wouldn't do that. But instead he did something else. You know how you can take a margin loan in your brokerage account against the value of your stocks? You can use the money from the loan as you wish, but if your stocks go down X% then they will "margin call" you and liquidate your assets to pay back the loan. SBF's claim is that Alameda took a margin loan as an FTX customer just like any other customer might, and then lost their money gambling. But unlike other customers, Alameda was not subject to any margin requirements (??) and could not be automatically liquidated (??). These facts(?) probably ruin this defense, which otherwise might hold some water, as it's not at all a defensibly arms length transaction. IANAL.

So they took a margin loan using all their FTT as collateral, then lost all the money. Normally you wouldn't be able to lose more than you've left as collateral, but they weren't like other customers (see above). But there's also the fact that the collateral was semi-BS, so FTX can't sell it to get the money back anyway. FTX printed the FTT out of thin air and then sent it to Alameda (surely for some purported reason). Alameda then used this semi-fake collateral to loot all FTX's customer deposits. (It was fake in the sense that you can't sell all of it at the mark-to-market/last-match price). You can see how FTX is involved at every step of the way here, and is at the root of the scheme, not merely a criminally negligent player.

But honestly it just keeps going deeper and deeper, as it sounds a lot like funds were missing prior to any of this happening, and that even if they could pay all this money back, there wouldn't be enough money, and that the margin loan wasn't just used for investing but also frivolous spending. Don't try to make sense of SBF's actions, they don't make much sense (Why go on a shopping spree that worsen's your already-insolvent exchange? Why tie up withdraw-at-anytime depositor's funds into 10-year-time-horizon VC funds? IDK, why talk so much publicly against your lawyer's wishes and your own best interest?)
The really hilarious thing is no matter how far down Yahoo continues to sink they will always have at least my dad and those who refuse to use anything other than Yahoo Finance in the foreseeable future to keep them somewhat afloat.

Edit: for the record this is not a slant against those who use Yahoo Finance. Even back when I used it in high school it was good.
I'm learning ffmpeg to do some audio/visual manipulation for a backend service and was looking for the basics. This is perfect.

As far as feedback goes, I noticed when running through the guide that the following command is missing an -i flag:
ffplay -vf "drawtext=text='HELLO THERE':y=h-text_h-10:x=(w/2-text_w/2):fontsize=200:f

I've already learned a lot from the ffmpeg concepts section. Appreciate it.
Yes, if you can keep your password local it's still the best option.

Sadly, once your use case becomes complicated and you need to share between devices, and potentially have partial sharing between people (e.g. your spouse, your parents etc.), it becomes a nightmare to manage. In particular trying to explain how sync is supposed to work with a third party on iOS is just pain.

I'm eyeing at self-hosted BitWarden instances, but then I kinda fear to someday be the one shooting myself in the foot and nuking everyone's literally life critical credentials...
> Now, I admit, this means I'm under the mercy of what _Apple_ thinks is "right" or "wrong".

Only to the extent that you're "locked in" to the Apple ecosystem. I'm entirely in the Apple ecosystem as well (at least for smartphone/tablet/PC hardware, and lesser so for online services) but it wouldn't be a threat to my identity to switch if I was sufficiently upset of Apple's choices (and there were viable alternatives). Personally I don't feel like there's much lock in. It would be a bit of a hassle to move some things over, sure, and a bit of a learning curve, but I really don't think it would be a big deal.
Here's a quick breakdown: Linux is not an iPhone. One is hardware, and another is software.

Apple has every right to build a hardware product with a software platform, but controlling the distribution of software is an immediate red flag. Conflating security and limitation is meaningless since iOS already has the means to isolate software a-la MacOS. Worst-case scenario, Apple can add a "Christian helicopter parent" toggle for you in the Settings app and let you opt-in to whatever you're enjoying now.

> Even Steam has some arcane filters that eventually allow porn content to be visible in the store.

Porn doesn't violate Steam's TOS. As long as your account is registered as under-18, it won't even be possible to see it.

> But despite all that, why can't Linux devices serve the "control my devices" need.

It can. On the newest Apple Silicon machines, I even hear it's excellent. That being said, Apple needs to unlock the bootloader of the iPhone/iPad to give us that option, so as-is our only choice is paying them 30% every time we make a transaction. It's so nefarious that I won't let anyone say it's 'serendipitous with moderation' or whatever you're trying to argue here. It's bad-faith and disregards the reason why we're talking about locked-down platforms in the first place.
Well…

His donations became a political hot potato so maybe they’re like “look, man, my hands are tied here so maybe if you can deflect some of this heat we can work something out.” Voila, millions of untraceable donations to the republicans.
The FTX meltdown has been a major source of schadenfreude.
Got a very remotely similar story. My sister-in-law recently passed and people have been bringing us food. Which is a lovely thought, but we'd just returned from 10 weeks overseas and cooking for ourselves in our kitchen was something I'd been looking forward to. Instead, we have four lasagnes that our children won't touch because they prefer ours. I think staying busy and involved with people is more positive, at least for me.
Oh, I don't use those things. But that's good to know.
I’d respond with QED, but you more or less did it for me.
Hacking is why we’re here. It’s criminal and exploitative behavior that sucks.
Big investors like Sequoia should absolutely have asked tougher questions. They deserve to be scrutinized for this. It isn’t emotional outrage, it’s asking people to do basic due diligence.
Making unphishable 2FA phishable
DDisasm ("a fast disassembler which is accurate enough for the resulting assembly code to be reassembled") uses Souffle: https://grammatech.github.io/prj/ddisasm/
Efficient Mining of Short-Term Polarized Topics on Twitter
Huh? A ton of rich people got burned by this. Probably way more than Madoff or Holmes ever dealt with.
Just because you have your torments does not mean others do not have their own, in their own inner worlds. And trying to diminish theirs is a cruelty.
> The dude took our $1B in a personal loan with customer wealth.

Let's correct that to say "stole $1B in customer wealth". You can't "take out a loan" from someone who doesn't agree to loan it to you (and, indeed, FTX expressly said they wouldn't borrow customer funds).
Over 30 years it appears to be about the same. Just under 10%.
"It was a crime" seems to be the cope du jour that for those who invested in an asset intentionally designed to avoid regulation.

I don't want this to come off as dunking on anyone who has touched by this tragedy. I feel for the people I know involved in this, just as I see these events as part of the inherent risk structure of the space.

Am I wrong here? I really want to know if these cries of foul are substantively different than, say, the required reserves to prevent these types of collapses. Or say, the existence of FDIC insurance in cases of mismanagement or even outright illegal trading by banks?
I highly recommend setting aside time for meditation and physical exercise, follow up by reading books. In my case, reading books related to the field helps.

Additionally, consider any part of your workflow you could automate and then write the software to do so.

For me, these things help.
>I concluded that I was too stupid for the book.

Never assume anything like this.

You just need different approaches to study different subjects.

Here is an approach which works for me which you might also find useful. There is too much out there to Study and Time is limited so the first thing to do is to Skim, Pick out the main Ideas/Concepts, Figure out their relevance to you and only after that revisit the Topics again if needed in Depth and doing the Exercises as needed. You need multiple passes over the subject matter, each focusing on different aspects and the last couple of passes putting everything together in a personal mental model.
Can't PR play a big part in high profile and political trials? I feel it can definitely be a strategy to try to put your story out before someone else does.

Obviously you're not going to come out and say you're doing this as a PR strategy developed with your legal team, you're going to act like it's a personal risk to yourself to tell your story, which I suppose lends it some credibility in the eyes of some people. Like some of the people in this thread.

The man's a con artist. I'm astounded that people still believe anything he says. I suppose I shouldn't be, he must be a very good con man because he managed to steal billions of dollars.
Software only? Otherwise I'd say semiconductor engineering.
If you have no personal objection to Apple making their products more open, why defend their 'privacy' facade? Have you missed the last major iPhone exploits?
Why is it that basically only the U.S spends 4%+ of their GDP on defense so far of the developed world?
It would helpful if the reporter confirmed that this is an issue with this particular front-end and not with Hive in general.

Steem/Hive was the first web3 offering and a lot of new 'web3' projects that are getting a lot of publicity have yet to catch up the basics that Steem/Hive had in place 6 years ago.
The fact that it's a tax on software transactions and not simply something rented/charged monthly is kind of the point.

And, no, not all software updates were uncommon or charged for before iOS. Windows Update predates iOS by many years. People did pay for development tools but then so do iOS developers for $100 a year. I've personally only paid for dev tools a few times in my life. Developers add value to an ecosystem.
The whole FTX situation is like a joke. Bunch of junkie kids probably manipulated by sophisticated criminals. Most likely we will never learn about where most of lost money ended up.
Me neither, but every time I put on my Sony XM4s Apple Music gives me a nice modal asking me to pay for their service. It's really lovely UX.
Did your kids also have a free choice to get another device instead?
Imagine all Windows computers required you to use the Microsoft Store to download any piece of software, and you had to pay 30% for that privilege. Oh, and if every browser on the store was just another version of Internet Explorer (which Microsoft already got in trouble for around 20 years ago for just this one issue, much less all the others).

And on the Unix side it's slightly better where you can download apps outside of the Unix Store but they don't autoupdate while easily having the ability to, and that any OEM that doesn't install Unix Store Services gets their Android license removed or severely limited.

That's basically how it's like.
It’s as though they interpreted David Graeber’s Bullshit Jobs as a managerial playbook