skysight-inc/HackerNews huggingface dataset:
> It would make sense for Quebec to ignore it since, well, they didn't sign it. Just like the US constitution doesn't apply since, well, Canada didn't sign it.

I mean, if we're going to make this analogy, the thing that was signed was Treaty of Paris of 1763.

The usa only requires 3/4 of state legislators to agree before it becomes binding on all of them. In canada, the rule depends on the thing, but generally its 7 provinces containing >50% of population. Quebec was the only province not to agree to the charter.

If we're making a comparison to the usa, it works basically the same way.

> What makes no sense is the federal government can apparently decide to "suspend the constitution" as it pleases (and did so for peaceful freedom of speech demonstrations by truckers recently).

This is incorrect. The emergencies act did not suspend the constitution.
Can you give concrete example to support your argument instead of avoiding conversation?
Yes, it's nonintuitive at first glance. A (good) loan is an asset, and a deposit is a liability as far as banks are concerned.
Almost certainly not.

SVB the company is basically killed. It's true, if you're an investor/owner in the bank, your equity is probably worth ~$0. The bank is owned by the FDIC and is being managed as a new bank.

Even if company SVB is worth ~$0 in equity if the parts are sold on the market, they're still a business... so they have some intrinsic value to the future income. That means there is value in buying the company, at the right price. The hole in there books would have to be bigger than the value of their future cash flow for there to be no reason to buy it. Beyond that, there's some value for a bank to buy it because the FDIC approached them. Because there is tremendous value for everyone in the stability of the system.
It is pretty predictable that they would experience a bank run given interest rates going up though. They locked the money up for way too long so it would've impacted the interest rates they could offer, meaning people would want to move their money outside of any panic instinct. Maybe if it were a bit more spread out over time they wouldn't have entirely collapsed, but they put 40% of their deposits in these things, it still definitely would've stung.

Not disagreeing that MBS is irrelevant, and yeah the risk rating of the bond wasn't a problem as this will pay what it said is would. Just saying it was a stupid move to buy such a large amount of such a long term bond when interest rates can't go anywhere but up and you're using borrowed money to do it. From that perspective it was a risky move.
What to do while you wait for paid subscribers to join your Substack
When its assets don’t exist.
He's using scare tactics to try to get a taxpayer bailout
Yeah. When nerds talk about DRM I’m reminded of that xkcd with the encrypted payload, and the crowbar. I can’t be bothered finding it.

“Security theatre” is as you’ve said something that people in these circles there around at times when it’s just not accurate.

This is such a weird blindspot for nerds. A cargo-culted relic from a bygone era where digital media consumption was worlds harder than it is now, and the argument against DRM was less wrapped in moral superiority, instead just…much more blatantly being about people wanting to pirate things.

I’ve got no doubt that a highly experienced and motivated hacker could pop any of my stuff in 5 minutes. Doesn’t mean that I’m not putting effort into securing my stuff against the garden-variety script kiddie, even stuff that negatively affects user experience.

An argument that the negative UX imposed by DRM doesn’t justify its benefits (to the content owner / distributer) is at least a little bit interesting. However “it’s annoying to get going on an OS that nobody uses” is a pretty weak argument. As is “it makes it hard to rip content from a streaming service in a way that’s very blatantly NOT in the spirit of the transaction that gave you access to the media in the first place”.
It's already down to $0.9535, looks like the market's thinking it's all gone
Please don't respond to a bad comment by breaking the site guidelines yourself. That only makes things worse.

Also, can you please not perpetuate flamewars on HN generally? It's not what this site is for, and destroys what it is for.

I've banned the other account and I'm not banning yours because as far as I can tell you didn't break the rules as badly and you haven't been making a habit of it—but if you'd please review https://news.ycombinator.com/newsguidelines.html and not do this kind of thing in the future, we'd appreciate it.
Malloy Data Notebooks: A picture is now worth 10k words
rr lets you call program functions just like gdb does (using the same gdb commands, in fact). The limitation is that any state changed by those functions is simply dropped when the function ends. It's still super-useful for dumping program state etc.

Pernosco supports this too.
He's asking for a government bailout, so looks like the cockiness has only _increased_
How do you pay staff with no money?
We've banned this account for breaking the site guidelines badly and repeatedly in this thread, and for ignoring our many requests to stop doing that.

If you don't want to be banned, you're welcome to email hn@ycombinator.com and give us reason to believe that you'll follow the rules in the future. They're here: https://news.ycombinator.com/newsguidelines.html.

https://news.ycombinator.com/item?id=34130077 (Dec 2022)

https://news.ycombinator.com/item?id=31589813 (June 2022)

https://news.ycombinator.com/item?id=29665662 (Dec 2021)

https://news.ycombinator.com/item?id=27875046 (July 2021)

https://news.ycombinator.com/item?id=25826399 (Jan 2021)
Your opinion is not uncommon, but alas it is wrong (in most cases.)

In most businesses, code is a tool to get to the desired outcome, not the desired outcome itself. Like most tools it is most valuable when being used to create the outcome, not being endlessly perfected. Good enough is good enough. Perfect is a waste.

Again, context matters. The code that runs a million times a day is more important than the report that runs once a year.

Equally, a well architected system will need to balance the needs of any different users, with potentially different goals. In other words, lots of compromises are necessary. The code reflects those compromises. There's a balance, good enough is good enough, time to move on.

I will say though that your attitude is not unique. I have come across many employees, and even one-man-companies that focus exclusively on the code. Often (not always) because code offers the programmer complete control. Unlike co-worker, bosses, employees or customers, it is not messy - perfection is achievable. Dealing with people is messy. Other tasks (like marketing) are vague or immeasurable. Code is simple, objective, doesn't talk back.

Certainly coding well offers an emotional reward. It's a clean game with fixed rules, and performance can be objectively assessed. For many of us it's a safe haven in a very messy world. But unfortunately it's usually just a tool, not the outcome. Someone in the messy outside world has to pay money - and that adds 10x more messiness, which someone has to deal with.

Progressing from junior to senior programmer, then into a business space (like analyst or architect) is really just the understanding, and skills, that come with balancing that messiness with the desire to write code.
:) not sure i'll ever understand time.
I'm Being Drugged to Death
If anyone has a place to stay in San Francisco where I can sleep and not be drugged please message me. I'm being drugged to death and I'm scared I'll have to commit a crime so I can go to prison where I'll be safe from being gassed.

I'm staying in a homeless shelter where I'm being drugged every night continuously. I'm gassed with marijuana and other aerosolizable drugs and the shelter staff does nothing and some of them are complicit.

This is at Next Door Shelter, 1001 Polk Street.

I'm scared I'm going to die here or lose my mind.

If someone has a safe place to stay please message me. I don't have a job, but I can find one. I'll clean the apartment. I'll cook. I'll walk your dog or babysit. I just need a safe place to live where I'm not being drugged.
Whoever did it, shame on European countries who buy gas from the nation whose army rapes children and wipes out peaceful towns.
We've banned this account for reasons I've explained here: https://news.ycombinator.com/item?id=35105542.

If you don't want to be banned, you're welcome to email hn@ycombinator.com and give us reason to believe that you'll follow the rules in the future. They're here: https://news.ycombinator.com/newsguidelines.html.
Because if you lose 7% of capital on $180 billion in real terms that’s an awkward conversation with your boss?
They have north of $1B in fine wine assets in their list of collateral! Presumably vinyards and maturing vintages.
SVB Chief Sold $3.6M in Stock Days Before Bank’s Failure
Wang tiles[1]?

[1]: https://en.wikipedia.org/wiki/Wang_tile
I sell software, I wouldn't do it if I couldn't retain ownership of it.

I don't care how much work I put into it, I don't care how much money its worth. I don't care about its impact.

I create because it's mine and I control it. The hands that built it decide what happens to it.

I could paint the prettiest picture and then burn it forever and nobody has any right to stop me, no matter how many poor hobbiest art admirers wanted to see it.
Every cloud vendor charges for egress but not ingress, the more data you onboard the more expensive it is to move off
https://archive.is/lUtFb
Pretty tough to take that to another continent, however.
Yea that bugged me too ha ha. The Fed doesn’t issue any bonds.
I think what they meant to say is they were solvent, till the run.
This is an interesting story but I'm not sure it adds up. What does it mean that they "tried to unwind the position"? It doesn't really make sense that you could fail to unwind a position in some of the most liquid markets in the world, over the course of a year. Maybe it wouldn't be at the desired price, but if they understood the risk as you imply, they'd just do the trade.
Lua-Eco
Lua-eco is a Lua interpreter with a built-in event loop for scheduling lightweight coroutines automatically, enabling efficient concurrency in Lua. Build high-performance, scalable applications.
Good old ARM naming schemes. I remember some amusement when I worked at TI and my team went from working on an ARM7-based microcontroller to an ARMv7-based microcontroller. (The ARM7 was an ARMv4 CPU, naturally.)
The fact that a bank can be sold off in "the next few days" yet it takes the average person 30 days minimum to close on a house...
You're right that this thread broke out into hellflames. We've banned the worst offenders and scolded some of the others. I don't think it's representative of HN, though. My take is that it was the old-school pull-no-punches style of some systems-oriented communities showing up on HN without adjusting for the cultural context shift. I could be wrong about that though.
The crypto people can take a W on this one, though. USDC transfers still work, so there's no cash flow problem... as long as you can buy your tomatoes with USDC, this won't cause you problems.
That could work in the old Unix days, and for toy problems today. But if Firefox crashes you can't just build a mental model of 10M lines of code and intuit the problem.
https://hsh.sfgov.org/services/how-to-get-services/accessing...

PROGRAM NAME LOCATION OPERATING HOURS

Next Door Shelter 1001 Polk Street San Francisco, CA 94109 Intakes Between 4pm-10pm

MSC South 525 5th Street San Francisco, CA 94107 Intakes Between 4pm-10pm

Sanctuary 201 8th Street San Francisco, CA 94103 Intakes Between 4pm-10pm

Canon Kip Senior Center 705 Natoma Street San Francisco, CA 94103 Intake begins at 6pm

Given you're at Next Door, maybe you could try the other ones?
Xi Jinping unanimously elected president, CMC chairman of PRC, leads China
A framework used to develop Web interface for OpenWrt.Use Lua-eco + Vue3 + Vite + Naive-ui.
Interesting, were can I read about this?
I mean. If you’re a startup that just had $10 million locked out and can’t make payroll. It doesn’t matter that you’ll “get your money back”. You’re toast.
When China shot down five U-2 spy planes at the height of the Cold War
If the debt is due in ten years, it won't be worth $100m, and you can presumably just pay it off with the cash.
I aggressively use my calendar for everything. Every day is planned. This helps me see when i do or don't have free time, and, importantly, gives me no excuse to say "I didn't have the time!"
They’ve also created new banks in the past (presumably when they can’t facilitate a shotgun marriage).

E.g. the first big bank failure in 2008, and the 3rd largest failure ever (after WaMu and now SVB), IndyMac became OneWest

https://en.m.wikipedia.org/wiki/List_of_bank_failures_in_the...

> On March 19, 2009, a seven-member investor group, IMB Holdco, led by Steven Mnuchin—which included billionaire Christopher Flowers, John Paulson, Michael Dell, and George Soros—purchased Independent National Mortgage Corporation (IndyMac Bank) of Pasadena, California for $13.65 billion from the FDIC and created OneWest from the remains of IndyMac

https://en.m.wikipedia.org/wiki/OneWest_Bank
I’m not selling you these tomatoes. That USDC you’re offering isn’t liquid enough for my liking.
That's not what a Ponzi scheme is.
Tether, the Sauron of stablecoins, has zero exposure to SVB and is holding the peg just fine. Sorry Patio and friends, maybe next time :)
There are interesting things in the article, but I think it was never about available land use, but just another knee jerk argument against solar panels.

Example: Disneyland Europe will generate over 30 GWh per year from just covering a part of its parking lot. And if France makes it mandatory to cover all "substantial" parking lots it will generate as much electricity from just that as 10 nuclear power plants [1].

And that's France. Countries like the US have a lot more space, especially parking lots. There's enough space for solar panels.

[1] https://www.washingtonpost.com/climate-solutions/2023/02/06/...
Pernosco combines conditions, logging, and interactive debugging in a really nice way. https://pernos.co/about/expressions/
What I don’t understand is why they weren’t restored as part of the effort to tamp down inflation, and instead the fed just raised rates. Seems like that should’ve been the first move.
Likely a reader app, one of the many available on every app store
Your passive aggressive remark at the end made me laugh. Enjoy your life working as hard as you can for billionaires and being rewarded peanuts. That's the only depressing existence in this discussion.
There is USDC liquidity on Coinbase. Which may not be redeemable for USD over the weekend because of this news.

That's why Coinbase are stopping withdrawals.
Edited parent.

USD Coin is managed by a consortium called Centre, which was founded by Circle and includes members from the cryptocurrency exchange Coinbase. Circle used SVB.
In general people pay their mortgages. Just because a financial crisis has happened around it once doesn’t mean the asset class is inherently bad. It’s more regulated than ever, the problem was rising interest rates and not being able to keep their head above water with the position.
On Android, to unlock Keepass database secured with Yubikey, an alternative to Keepass2Android+ykdroid is KeePassDX[1] + Key Driver [2]. Both USB and NFC are supported.

[1]: https://f-droid.org/en/packages/com.kunzisoft.keepass.libre/

[2]: https://gitlab.com/kunzisoft/android-hardware-key-driver
Why Toblerone Is Dropping a Famous Swiss Mountain from Its Packaging
Incrementalism. Its exceptionally effective. Before we know it, a comedian will train his dog to show us.
The bilt rewards card is great if you usually pay rent with a bank account. No other card with that benefit I believe
Discussed at the time:

Version SAT - https://news.ycombinator.com/item?id=13167446 - Dec 2016 (19 comments)
Not really... If the executives make terrible decisions then they'll still drive their institution to receivership which means they'll lose their jobs, and the stockholders will lose everything. Maybe an acceptable compromise would be: if you accept unlimited FDIC insurance at your financial institution you agree to executive compensation clawbacks, and more severe penalties if you mismanage funds (e.g. jail time).

In exchange, unlimited FDIC insurance would prevent runs like we saw at SVB. There would be no reason to rush to withdraw if you know that you'll be made whole at the end of the day.
Treasuries are the probably the single most liquid market on the face of the earth.
You are experiencing symptoms of paranoia, you need a psychiatric nurse practitioner and probably need to start some kind of antipsychotic drug.
Hey can we save this kind of comment for Reddit? Literally the majority the tech you use today was born from companies that were unprofitable and leveraged VC funds at some point.

I don’t know about you, but I come to HN for discourse that I could not get on race-to-the-bottom social media sites.
I don't think that statement applies equally well to your average employee as it does to a potential Chief Risk Officer at a fairly large bank. Totally agree with you in the general sense, but completely disagree when it comes to this CRO hire.
Probably just means they partner with a bank on the back end to custody your assets. It's not uncommon for neobanks.
Tether is trading at a premium right now and it hasn't lost anyone's money.
It doesn't help that they stored some of those reserves in a bank.
Exactly! The situation should be similar for all other stable coins.

DAI has quite a substantial percentage of USDC in their reserves as well.

We could witness another death spiral. Let's see how events turn out to be.
Well up to $250k wouldn’t be touched, but yeah, doing a clawback for a bank could cause a run on all banks.
ChatGPT, ChatGPT, ChatGPT

Despite all of the FUD about how it would impair learning, it lets you skip through boilerplate you already know how to do, shows you some ideas you wouldn't think of, and can work as an on-demand code reviewer.
There are themes you can change (bottom of page), but I don't think any of them significantly improve it. Worse still, everything is stuffed into <div> elements and it also makes Firefox's "No Style" mode basically useless.

Not only did the author get way too clever with CSS effects, but couldn't even be bothered to use semantic HTML so it could degrade nicely.
That's nice of you! but that list is hopelessly out of date now.
> towards actual performance

which is the polar opposite of politics!
There are ~6500 universities/colleges in the US. Probably around 1,000 academic schools. How many have $1B plus endowments? 150? So maybe around 15%.

https://www.univstats.com/corestats/
Though I was a little boy at the time I remember quite well when Gary Powers was shot down in the USSR piloting his U2 spy plane.

I am a pretty avid student of history and never knew we were flying U2's over China with Taiwanese pilots. Pretty certain the two pilots (out of the five) shot down who survived and were taken prisoner by the Chinese did not make the news in America.

Met a retired U2 pilot once who had flown over North Korea multiple times. He didn't volunteer the information (relative told me) and politely refused to answer most of my questions. Even in retirement most of what I wanted to know was still classified.
Who cares if it was "only after the emergency declaration"? Who cares if it wasn't "retroactive"? Who care if the government is sending updates on who they freeze?

Those sound like a lot of attempts to say "oh, seizing people's assets without trial for the crime of a small donation only happened to a few people, so no big deal".

Some blue collar guy trying to make ends meets hears about the protest after the emergency and says "yeah, I think the government is overstepping, I'm going to send $10 in support". Never stepped foot in Ottawa, never blocked any bridges, never honked any horns. Now his bank account is frozen and he can't pay the rent.

How in any way is that acceptable in a country that claims to respect person freedoms? These are the tactics you'd expect from authoritarian systems. I used to laugh at the irony when Vietnam would charge some protestor for "abusing democratic freedoms", but hey, that's kinda what Canada did.

People should be really pissed off that it happens at all. But you know what, I'm ok if people aren't that pissed off. What's more maddening are people who saying "yeah, that should have happened. In fact, I'm glad it happened".

Jesus Christ Canada. I don't know what it is with Commonwealth countries but you see places like New Zealand and Australia doing the same. "The right of the state supersede the rights of the individual".
Brilliant! You are correct sir. Sometimes HN delivers ;-)
I agree with you, but probably in the opposite way you mean: I think it should be a lot easier for a CRO candidate to evaluate a bank's balance sheet than it might be for a CTO candidate to evaluate a large, sprawling code base.

Evaluating a balance sheet and identifying risks is one of the primary qualifications of a CRO job, no?
Opinion: Unlocking hope for people with kidney disease
Anyone else surprised there's no dark mode for this site?
Nope! The only noise in my neighborhood that sometimes annoys me is loud music, but I like people to be able to enjoy themselves.
Of course they wouldn’t have exposure to a bank in the US. There’s a reason that Tether has to do business with the more dodgy kind of offshore banks… Their exposure to any banks is likely far, far smaller than their claimed cash reserves, so it’s unlikely to be a bank crash that stops the Tether musical chairs…
People have reported good things about using a brokerage as a bank. Fidelity and friends have associated banks.

Or use a boring credit union.
All voting systems are subject to gaming. Preferential systems are primarily subject to "Least Favourite Candidate Loses". The Labor party may have lost votes but they were preferred over the Coalition by a considerable margin.

> Here's hoping if they break their promise on income tax they'll be tossed soon enough.

The economic realities suggest this promise should be dropped. This does not hurt Labor's voters terribly, and does not impact the more left-leaning voters much at all. I expect this will be dropped and this will not hurt Labor at all, but will build them a reputation as economic pragmatists.

Personally I will be impacted by a "Stage 3" cut and yet I hope they are dropped. Even in this political climate, and with a mortgage to pay, I don't really see that this tax cut will help me more than a functioning public health system. Or help the country, as a whole, better than an actual welfare system.

Here's hoping the Coalition will continue their rightward march and another, actually conservative, party will grow from the wreck of the Teals and blue-ribbon seats they Libs lost.
But what did he learn? Hopefully not just that he can make millions in bonuses despite failing big.
MBS are literally one of the safest looking bets imaginable, most likely Silvergate blasted a huge hole in their books and set off a cascade of trouble
What was the motivation for creating this? Was it mostly to have a runtime with a smaller footprint?

I've been looking for a smaller alternative to something like Node, and I thought Lua might be a good choice since it's tiny and has coroutines. This looks like it might be a good fit!
HN has an 80 char limit, which made that impossible (as thunderbong said).