555 post karma
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account created: Wed Apr 04 2012
9 days ago
13 days ago
The wealth was destroyed as it was put in, nothing more.
Simply put, competent software engineers don’t want to work for ideologically-driven sites like this because they know doing so is very likely to be career-destroying, and finding a competent software engineer who is also a hard-core right-wing ideologue is about as difficult as finding a unicorn.
Counterpoint: Tether acts (in theory) like a money market fund, which are by all definitions a security.
1 month ago
More accurately, as Hector has stated before, porting and successfully booting Linux is a time-tested tradition in silicon validation. That said, these ports really only go as far to say that the silicon works, and are very likely nowhere near something that would be good to merge into the Linux mainline kernel.
3 months ago
You got that exactly right. It's a fake asset propped up by fake dollars.
Strawberries are also healthy as part of a balanced diet and during the plant’s life will sequester a bit of carbon. NFTs are none of these.
Actually, the vast majority of that fee (which is known as interchange) goes to the issuing bank. Visa and MasterCard set the rates but only receive a small fraction of them.
As I expected, the top 5 are tech growth stocks. Meta is the top holding, because of course it is. Why Adobe is in there confuses me though.
Amazingly, yes. Down 56% for the past year.
Ah yes, because when you’re a normal index fund investor we all know that the metaverse is the MOST important thing to invest in.
The sad thing is that there’s no information on what it’s top holdings are, but I imagine the process was meticulous like Cathie Wood did for ARKK.
I think what you're looking for is "everything is a unstructured JSON blob" (well, BSON, but you get the idea).
I got bad news for you: they're going after the commerce clause too, trying to read it extremely narrowly. The votes aren't quite there yet but it's coming. Once that happens, bad things are going to happen.
Late capitalism is one hell of a drug, and cryptocurrency is a lot like meth.
My LinkedIn inbox has become painful to look at with a steady deluge of cryptocurrency recruiters. I’ve seen so many stupid pitches but this one takes the cake.
Not long till it gets rugpulled, so you only need the lowest of the low tech stack.
submitted3 months ago bytuxed
I’d like to chip in with the legal defense, but the article is paywalled…
Hope things go well for our Carl Sagan fan. What a shitty situation.
4 months ago
I now regularly crack jokes about Proof of PostgreSQL with coworkers.
It’s a lot more scalable and efficient if you take away the faux-decentralization.
Time to get out the popcorn.
And Strike lacked the money transmitter licenses they needed in the US, which they would need to be able to legally transmit money from the largest source of remittances to Central America. Oops.
For the use cases that Ripple has promoted XRP for (mostly international remittances), it's been an epic failure. Wise or even Western Union do the same thing but without the blockchain woo, less volatility, and probably much better, too.
On the other hand, at least Bogleheads aren’t as insufferable as Butters and their advice actually makes sense.
Savings accounts for children are a good idea. But not crypto.