skysight-inc/HackerNews huggingface dataset:
matt levine has a tongue in cheek post from ... march 2020 (jesus, nearly 3 years ago to the day) that the markets should only be open for 30 minutes. do your research in the other 23 hours and 30 minutes, and trade in the small window.

(https://www.bloomberg.com/opinion/articles/2020-03-12/the-bu... the section is called "thirty minutes")
Not being able to explain it doesn’t prevent us from trying to copy it.

We cannot explain other people, but we imitate them.

Kids learn a lot of stuff by imitating. It’s a basic human function.

So essentially we created systems that we cannot fully explain, to imitate our own systems that we can’t fully explain either.
Who on earth wants to fix Democracy? Specifically who that has political or financial leverage wants to fix Democracy?
If people don't educate themselves on why the government acts against others, then when the government acts against them, who will listen to their cries?
Have you tried telling it to? “No, think a bit harder about it.”
The good news is that USDC has 74% of their assets in short dated US treasuries (weighted average duration is 36 days). Even if they had to sell all of their treasuries TODAY, they'd only be looking at a ~0.4% haircut (assuming an efficient market for treasuries, which should be close to true).

Definitely not a good situation, but they're in a lot better position than SVB.
Note that the notebook supports GPT-J 6B, OPT, GALACTICA, and Pygmalion, not just LLaMA.
That’s a good thing. While it can train a new model to obliterate your old job much faster than you can go back to grad school, they mercifully do not do so.
uBlock Orgin blocked all the crapware, so the article looks fine in Firefox with proper ad blocking.
A good asset to purchase during a banking meltdown would be something that would hold its value or increase in value. This could include things like gold, silver, or other precious metals.
Both are true. There's no way that anything will change without massive bloodshed but at the same time there's absolutely no guarentee that the change it brings will be positive.

I don't see an answer, personally speaking.
He is running in '24. He'll also likely get his first post-presidential indictment next week with possibly more to come.
Incredible that the boring routine movement of a paycheck is somehow exposed to someone’s questionable bond investments
I share the same obsession as archive.org.

There were library books that for one reason or another made an impression on me as a kid. Sadly of course those old books have been rotated out of the system.

Books that replaced them didn't impress me. (Though perhaps as I have aged I am less impressionable?)

There were some great science and chemistry books for kids when I was young — to be replaced with "grossology" books.

I liked the books that showed future automobiles, spacecraft but I understand why those are dated. I'm not sure I have seen anything that has the same sense of optimism to replace them though.

Or maybe I just prefer the early space-art illustration and concept art in those books done by artists wielding gouache long before CG made everything look bland and lifeless.

In any event I tracked many of these books down on eBay and purchased them. (So often "DISCARD" stamped inside the front cover, a library card pocket inside the back cover.)

Because I am worried that I am becoming a hoarder I was inclined to instead scan many of the books I had collected and then return the original to the sea of used books.

I have uploaded to archive.org everything I scanned.

And I am happy to have in fact also found many other cool books there that I had assumed were going to be lost to time (thinking now about "The Boy Mechanic" bookstore example).
We've been having a culture war for something like 40 years already haven't we? I mean with the militia violence and the bombing of abortion doctors and such?
I can't speak to Wealthfront specifically, but what you're describing with them is very commonly called a sweeps account. They are explicitly understood under FDIC's rules as automated balance accounts.

Where you can run afoul is if you personally have accounts at the same banks that your sweep accounts use. And you might not even know it. E.g., Mercury isn't a bank: they use Evolve Bank and Choice Financial Group. So if you also had an account at Evolve bank, you're capped at 250k across the total of both accounts.
I could do it with genetic algorithms and scalage.
Yet despite that, only one of those certs will work for my account. In fact, it's better for me - I can create a different cert for each service and I can't be tracked.
According to Meta's benchmarking[0] it is comparable on many metrics. I haven't used it myself so I can't say for sure if that is the case when actually using it.

[0]: https://arxiv.org/pdf/2302.13971.pdf
To be fair if there's a run on a bank happening you want to be following the people creating the run so you can be one of the first ones out the door.

Incidentally there's a major moral hazard problem for bank runs in that unlike e.g. stock market or commodities panics, there isn't any ability to "buy the dip" or hold through the panic.
Dark Reader on Firefox... every site is in dark mode.
> Who reads your email?

A lot of it ... not me!
Open an account at one of the biggest banks (JPM Chase, Wells Fargo, etc).

You don't need 16 banks when you can bank with a "too big to fail".
> This isn’t a case of startups failing for being poorly run

Sure but it is a case of buying the wrong product (SVB) and then reaping the repercussions of that bad decision. It doesn’t really work for individuals because it’s a B2B transaction and not B2C.

A bank is just some other business. Mismanaging the risk is the industry’s problem and now they get to eat the lunch they ordered. The world is scary, some things have insurance (FDIC which is not most deposits at SVB), and some things don’t. Is what it is. Doesn’t matter if it’s “right” or wrong - that’s a naive interpretation of business.
The only laws are scaling laws.
USDC/USD at Kraken is currently .925 with $174m 24h Volume.
And now USDC is unpegged. This is interesting.
1. Yes, we currently provide a simple approach to retries but are already working on providing features for idempotency.

2. All sensitive data (tokens, env vars) are encrypted on our side, however, we don't prevent users to print their values in the logs yet - it's planned in our next releases.
If it was a single company, then it might help. But this is likely to affect hundred if not thousands of companies. Millions of potential complaints. That will be a cluster, if everyone does complain. DOL may not like it, but they will likely take into account the fact that these were caused by a bank failure to a scale we've not seen in a decade. At the end of the day the culprit is a bank that's now toast, or the FDIC... who's immune.

And if this goes on for any length of time, you could sue your employer... but lack of payroll would only happen if the company no longer has any money - effectively making them bankrupt. Again you could name SVB in the lawsuit, or the FDIC... but good luck getting blood from the stone.
> And if you wonder, if money cannot be created or destroyed, how does a monetary system handle the population tripling over the past 50 years?

There is ONE special actor (in the US) that can create money out of the thin air: the Federal Reserve.

It alone can "buy" securities by crediting banks with money created out of nothing. Banks simply see a transaction with a dollar amount on their accounts within the Federal Reserve, and that's it. The money just appears.

The invariant "money can't be created or destroyed" holds for everybody else, including individual banks.

> The answer is national debt.

That's completely incorrect. The Federal Reserve can arbitrarily create (or destroy) money even if the national debt goes away entirely.
Presumably they did a better job managing liquidity risk. Or maybe the recent tech downturn has disproportionately affected startups, so a bank for startups would have issues.

Then again, you never know what tomorrow/next week/next month will bring. It may not only be SVB, it may be that they just happened to be first.
It’s not always 90 days, but the American federal bankruptcy system does allow for clawbacks on payments made immediately leading up to a filing.

Meaning, the bankruptcy administrator will absolutely file and get a judgment on your assets, which will be forcibly collected, if you received a payment from a bankrupt entity within the window established by the court.
Yes, but those increase times, and increase costs. Some procedures are not paid (ded, coins), some are not covered (payor), some are not done (no shows). Plus, many times of the day may be idle without patients coming in thru the door.

Plus, my example specifically mentioned revenue. Factoring in procedures, you are still not even close to hitting the per minute profit that was mentioned by parent.

I was only trying to make a point with easily relatable numbers without getting into the thick of it with procedures , reimbursements, specialty avgs, utilization, etc.
> macos doesn't have systemd

Some would consider this a feature. Unfortunately it does have launchd, essentially the model from whence systemd sprung... so joy for those folks would likely be short lived.
> Your UI should be a pure function of your state.

I have seen this expressed elsewhere and and how schwartzworld is using it seems to be the common usage and makes sense to me.

So if my UI, the DOM on a page, should be a pure function of your state then that means when I input the same state to my function I should always get the same DOM on the page.

So if my complete state can be represented by { x: 10, s: 'hi there' } and the resulting DOM can be expressed with nonsensical <div>10 hi there</div> it does not matter what gyrations/changes the state goes through as soon(baring rendering delays or optimizations) as it is { x: 10, s: 'hi there' } then the DOM can be expressed with <div>10 hi there</div>.

> your UI gets updated to reflect the latest state of your state; voila, the UI becomes a function of the state.

I read what you wrote here as expressing the same idea.
Biosingularity time! Oo!
I have to imagine that if you have enough money in First Republic for your withdrawal to actually be a problem for them… you at least have a dim awareness of, say, the WSJ front page.
Hacker News has not been pro-startup and VC for a long time, probably at least for 10 years. It's now mostly tech workers who are not the capital class or are startup founders.
The balance sheets of banks are very weird. They have a lot of special rules and exemptions.
I think he prefers cycling:

https://www.netinterest.co/p/the-demise-of-silicon-valley-ba...

“When you’re not working, what do you do to de-stress?”

That was the last question Greg Becker, CEO of Silicon Valley Bank, fielded at an investor conference on Tuesday this week.

“Cycling is my advice,” he replied. “Living in Northern California and being on the peninsula. That’s just—I think it’s the best bike-riding cycling in the world, period.”

Three days later, Becker’s bank is in receivership
I started with the Forrest Mims [1] Engineer's Mini-Notebooks from Radio Shack. They contain very little prose and lots of circuits you can build on a breadboard.

https://hackaday.com/2017/01/18/forrest-mims-radio-shack-and...

My recommendation for a current book, that is affordable is

"Practical Electronics for Inventors" by Paul Scherz
>>> I am a surgeon currently employed by a private equity group

I think you sunk your point right with that statement. If there's a non-provider entity entangled in the cap table, by definition, you are not independent.
I've also been under the (possibly incorrect) impression that the majority of Circle's dealings are with exchanges like Coinbase — parties who are probably willing and able to play some inside baseball in terms of dealing with duration mismatch and waiting out the feds.

Edit:
Yeah, they are very strict with who they interact with — individuals cannot exchange their USDC for dollars directly with Circle: https://www.circle.com/en/legal/acceptable-use-policy.
Ok so, apologies, didn't read, but it's a juicy idea unto itself.

Personally I really want companies to build like ~4 teams with the same mission, same goal. Not fake work, but duplicative work. (Whether we tell folks this is happening or not: either way.)

Over time, try to figure out what are the best potentials/possibilities, what are the most promising components/people. Organizationally iterate. Developers are iterative as fuck, imo. Organizations just kind of have people & stay there, doing whatever. Trying to explore the space of dynamical organizations is a huge huge huge interest that I think society is no where near, but could greatly better the world & what happens.

Imo, we have a very: your org goes to battle with the team they have mentality. Personally I think orgs would, long term, do much better with a more deliberate effort to explore broader takes. I have a hard time connecting it explicitly, but I really dug the thinkpiece MIT paper "Two Scenarios for 21st Century Organizations: Shifting Networks of Small Firms or All-Encompassing 'Virtual Countries'?"[1], which to me suggested more dynamical orgs that had more than the single-poker-in-each-fire view that predominates the corporate world.

[1] http://ccs.mit.edu/21c/21CWP001.html
I don't think I'd let a random shop scan my ID, especially for something as unimportant as alcohol. A barcode doesn't sound like it stores much, but the potential for ID theft is something I would think anyone is cautious to avoid.
It's totally incredible that Circle, owned in big part by Coinbase, a HN unicorn which always tried to do things legally, ends up probably losing $1bn (about 30% of of $3.3 bn) due to good old regular banks doing what they do best: making customers deposits disappear.

Now Circle is sitting on $30 bn in short term US treasuries backing USDC and I don't think they're forced to give the yield back to people holding USDC, so Circle has to be minting something like, what, 1 billion yearly now that rates went up?

So they may be able to get away with eating a $1 bn loss.

Meanwhile the tether/Bitfinex fraud in the Bahamas is continuing to do just fine and its Circle/Coinbase/USDC that happen to be in trouble.

Because of an actual bank unrelated to crypto.
BUSD Daily Stablecoin Reporting as of 3/9/2023 [pdf]
Unicode was originally conceived of as a 16-bit encoding. Han unification was necessary to squeeze everything into 16 bits, but it (kind of) worked. Going from 16 bits to 20 bits¹ might not seem like a big increase, but remember that this is an exponential progression, and not a linear one. Those four bits increase the capacity of Unicode by a factor of 16. The amount of empty space is much greater than we’re likely to ever use. Furthermore, there are costs (albeit not necessarily large ones) to having those empty code points—even with efficient use of space using 2-level lookup tables, increasing the capacity of Unicode beyond its current size would add time and space complexity to code for doing things like identifying character codes, grapheme boundaries, case folding, sorting, etc.

⸻

1. Technically, its 21 bits, but since the maximum value for a code point is 0x10ffff, we can round down to 0xfffff—which means we’re treating the original 16-bit capacity of Unicode as a rounding error!
I am not sure it's going to help the accuracy concerns already dogging this tech to mix in centuries-old texts.
Off-topic but it really BAFFLES me why people don't pay more attention to FHLBs. It's like we don't learned anything from the last 10 crises...
I'm not sure since the issues go back years not months
> it broke dead after about a year.

For clarification --- the trackpoint broke, right? Not the whole damn keyboard?
you don't need a to be a genius to have known that the 2.4% interest rate won't last for ever. Everyone in america with a mortgage knew that and rushed to re-finance. So why did bank managers not know. i think its more like, they had no other good options to park their cash. So they took the best of a bunch of bad options
Why make another documentary when you can just watch the news?
Let's do something different. Market opens for all day but you are not allowed to cover a trade in under 6 months.
The primary votes are just an artifact of Lib/Nat being further right than Labour is left due to the existence of the very left Greens. That and a low number of preferences from Independents picking up center right votes from people disillusioned by Lib/Nat blatant inability to smoothly handle any major event.
I don't see why this is relevant. She's only been there 2 months, she barely has enough time to understand the layout, she most definitely had nothing to do with the current situation.
Only inasmuch as they knew other VCs and depositors would be panicking in response to the signal.

There's another possible stable equilibrium where no one panics because they know no one else will panic and that the bank is solvent.
Here are some more cheatsheets:

* Python Crash Course cheatsheet (https://ehmatthes.github.io/pcc_3e/cheat_sheets/)

* Comprehensive Python cheatsheet (https://gto76.github.io/python-cheatsheet/)

* Scientific Python cheatsheet (https://ipgp.github.io/scientific_python_cheat_sheet/)

* Common beginner errors (https://pythonforbiologists.com/29-common-beginner-errors-on...)

* Python regular expression cheatsheet (https://learnbyexample.github.io/python-regex-cheatsheet/) — my blog post, includes examples as well
I had an emergency in France on my boat – Bing helped where people couldn't
This is mainly but not limited to trying to prevent a bankrupt entity from “getting rid” of all its assets.

I don’t know if it would apply to a bank wire transfer of “your own money” unless it was a literal fraud situation (pyramid scheme).
> I've also been under the (possibly incorrect) impression that the majority of Circle's dealings are with exchanges like Coinbase

Circle belongs to Coinbase AFAIK.

EDIT: ah I was wrong, after reading the comment below I googled and Coinbase+Circle created the "Centre" venture and they're 50/50 in it. And Centre is the company which launched the USDC stablecoin. So Coinbase doesn't own Circle but owns 50% of Centre.
I think I was on 56K pretty early. Sending full-page 2400dpi bitmaps as PostScript files to the service bureau to generate film was a lengthy process.
It’s on purpose. They knew what they were doing
One pagers are really underrated in general. I have a ruby one for whenever I take a flight that doesn't have wifi. I quickly load it before takeoff and read it joyfully, always feeling refreshed and usually learning something(s) new.

Also there a small typo in: `"".join(["a", "B", "c"])` # 'abc'`.
Ask HN: Does your company have exposure to SVB?
Can people post their company, and whether they're "safe" or have some or partial exposure to the SVB meltdown?
SVB Chief Pressed Lawmakers to Weaken Bank Risk Regs
Married and have a kid. Basically 1-2 hours per day.
The person who said SVB's situation is "idiosyncratic" is an employee of Wells Fargo - of course he would say that. Generally, banks run on confidence on the system - if any of the bank regulators or any of the major banks even flinch a little bit in front of the media right now, 10 more banks would probably fail tomorrow.
If you lend money to someone, it's no longer available for you to spend. However, if a bank loans out the money that you deposited, both the borrower and you can spend it. This is known as money creation, as it expands the money supply.
Tesla opens direct Powerwall orders again, don’t have to combine with solar
97% of depositors exceeded the FDIC limit.
"Clickbait" doesn't necessarily mean something that's inaccurate - it can (and usually does) mean something that's phrased in a way - often by omission - so as to imply the most sensational possible interpretation of the words' literal meaning.
He's probably getting some benefit out of this approach:

1. Some fun (the 420 comments) and shocking people.
2. Market research to see how people react to various prices (A/B testing while trying and backing out of bad decisions)
3. Free press - good or bad, it's in the news and he must be getting some benefit out of the attention.

Not a fan of this approach and hoping everything lands in a fair place.
> Not really sure what you're getting at.

Pretty sure they're saying that mouse accuracy trumps trackpad for cut/paste operations.

> What seems missing from all this is the notion of gestures. The two finger scroll, single finger pointer move, pinch/zoom, etc - the trackpad is flexible in ways a trackpoint thing just can't be.

Yeah, these are great. You can get the best of both worlds on a Magic Mouse, though.

Personally I do alright with a trackpad, but I also lean heavily on the keyboard regardless of auxiliary input devices. In particular, I don't do pointer-heavy workloads like e.g. image editing.
https://github.com/hmusgrave/pdv
I feel like this deserves a shot at the 2nd chance queue even though it's a corporate project. Slipping under the radar on HN!
five and six byte sequences are defined as illegal, because they encode code points that don't fit in utf-16. Of the 1,112,064 assignable code points allowed by UTF-16, we've only assigned 149,186 in the past 30 years, so we've probably got a couple centuries before we'll run out. Deal with it then.
Canada's "The Trucker's Protest" is more commonly referred to as a hostile occupation and blockade.

There is a strong white-washing attempt by certain unsavory elements to recast it as a benign protest movement.
Imagine if the 12,000 Calories you can scarf down in a box of donuts could power OVERCLOCKED CODING instead of fat deposit generation!
"This[0] is a berry farm I was just at. As you can see it’s already covered to protect from extra sun."

Erm, I can see a greenhouse. I think they are made to increase temperature for the plants and not to protect from extra sun. Strawberries like sun and would not benefit from shade, unless we are talking about very intense sunlight and not much water.

Most plants usually want as much sun as they can get, so long as the temperature stays in their desired range and enough water is avaiable. So in dry places with lots of sun, acrovoltaics can make some sense, or for plants that like indeed shade, like tomatoes. But it is really not a magic bullet for growing corn and harvesting electricity at the same time.

Sheeps grazing under solar panels seems like a working solution that does not need too much effort around it.
Thanks, the post is good!

But I have to admit that there is probably no way to do that properly. If Wireguard key is in Yubikey, every packet has to go to Yubikey for encryption and decryption. That doesn’t work!

The usual recommendation is to encrypt the Wireguard key with pass or gpg. But an attacker that can access a Wireguard key in /etc/Wireguard must have root access. Such attacker would have access to stdout put by Gpg and could read the key. It could also dump the memory and read the key from there.
Let's say you're a bank. You have $1B in deposits. You use it to buy bonds that will be worth $1.1B in 2030. All good so far.

Then the government starts selling those bonds a lot cheaper. To buy the same bonds you have today would only cost $900k.

Even though the 2030 value of those bonds is the same, the 2023 value just plummeted. (And they will gain more per day to eventually make up the difference.)

When your customers demand their money, you have to give them 2023 dollars.

A bond that you can redeem early has the safety of cash here. A bond that you can't redeem early does not.
Where is FUSE in the POSIX or SUS standard?
The real story is that their previous risk officer stepped down and they didn't have someone for 8 months.

https://fortune.com/2023/03/10/silicon-valley-bank-chief-ris...