I was at the Jump Crypto hackathon during the terra luna depeging. Jump crypto has a unique structure because as part of their investment, they get a chunk of coins to market make with. They have no requirement to be on the long side of the market making so during the terra luna collapse they made an absolute killing (Even though terra/luna was one of their biggest investments). Also, jump has it's other business running HFT on the stock market that is much more profitable so it can always bail out it's other side.
HN user
RustyConsul
Rustacean
I think you are both right. There can be a process for business and personal. The two are different, why lump them together?
have you seen the goop that chicken nuggets are made out of?
Have you seen the McDonalds chickens and cows? They are estrogen-riddled monstrosities. The chickens can barley stand up because of how giant their breasts are.
Captcha's, rate limiting, slight changes to the way you interact such as changing words, changing positions, etc.
This is a solved problem, but these things create friction for the user. And friction is the opposite of what modern tech says you want to provide to your user.
Get them to endlessly scroll, comment thoughtlessly.
A javelin-shaped vehicle big enough to fit a person comfortably inside is a train.
or a cybertruck.
Batteries at the core are commodities
I would argue that might have been true 5 years ago, but now it's proving to be the competitive advantage. Batteries and the materials that produce them are no longer selling at 'Razor thin margins' because the 'Commodity' is extremely constrained. No EV manufacturer can get enough batterys to produce the cars they sell.
so what you're saying is they are not only copying the good parts of Tesla (Electrification) but also the bad parts (lying about future production?).
Ford made 30k electric vehicles in 2021, 600k means a growth rate of %1900 in the span of 2 1/2 years (They need to be at the run rate in 2026)?
Battery packs were a problem to Tesla in 2018 and now they've moved onto the bigger problem that no one is talking about.... There isn't enough lithium and nickel production to even make this possible.
That's why Tesla launched its own mining operations in Nevada.
Also, its not like Elon hasn't been screaming about lack of nickel and lithium production since like 2018, just no one seems to be paying attention.
the failure of Henry Ford's utopian city in the Amazon
That title is extremely loaded.
Ford rubber mining operations in the amazon fail when synthetic rubber is invented is the true story.
Bias exist in us all. It's innate. It's what makes us alive.
However, We've never been able to effectively label our bias. We build up these preconceived notions based on our experience and we put them in certain categories that often turn out to be mis-categorized. Taking an example from the article
I think we would perform better under a non-indian manager
Instead of labelling your bias with 'Race/Class/Caste X', label behavior. We as a society need to be more honest about our bias and use stronger words like "Incompetent, lazy, scattered, arrogant, ineffective". Otherwise you have miscatergorized an entire group of people, not based on behavior but because of some inherited trait.
A.) you are expecting farmers to be quants, B.) There are 10000 more inputs to farming than what you described. Labor being a major one.
Financier: "Well Jim, I know you were focused on digging the irrigation for your farm but with 'Free Money' in the economy, valuations for real estate and other commodities were going to rise. The Delta's on your futures were all out of wack!" Jim: "What's a delta?"
that was my initial thought as well, but you are limited by the availability of financial instruments as you move up the chain to inputs. Outputs are easy to craft instruments around, but inputs are what a business is.
why do you need math for machine learning? Code first, learn the math as you go. Otherwise, you will learn a bunch of math you don't need when your actual goal is machine learning.
Do you know pandas and scikit learn? If not, start there.
Every step of the way some armchair comes up and concludes that Elon is broke and this deal won't go through.
Why wouldn't he put up more Tesla as collateral? How do you know he can't get more financing? How much BTC, Doge and eth does he have? No one knows how rich this man is, people need to stop acting like they do.
It's interesting that people are using this moment to fault Elon, when it's one of his finest moments. Making an 'offer' on what you believe to be good faith. Hidden in your pocket, you know the other party is acting in bad faith. (Twitter says 5% of the DAU is bots) Elon calls them out on that ridiculously low number, says the deal is on hold until this fraud is verified.
Obviously the bots on twitter account for more than 5%, and will be at the detriment of the biggest KPI that twitter touts. He's given them a taste of what will happen if they walk away from the deal by 'putting it on hold' and watching the stock lose 10% in precisely the same day as a general market recovery.
He now has the ability to renegotiate below his 'best and final offer'.
Wow, didn't know about this. Thanks! Slightly peaved once i read over the outline of the test tho.... linked below but series 65 assumes and prepares me to give advice on these matters. It includes estate planning and a whole slew of sections on the ethics of giving advice.
Why do i have to be qualified to give advice to unlock my own life first? And how can i just pay my way out of knowing all of this if i inhereted a $1M?
https://www.nasaa.org/wp-content/uploads/2016/02/Series-65-T...
OTC is small compared to bonds and other markets.
My original point was referencing the use of smart pointers. They are indeed very smart, but can be used stupidly as a bandaid kind of like .clone().
The difference really lies in the fact that i now have some data stored on the stack (The element) and some data stored on the heap because it's recursive. Was just a random example of where it's poor practice. As others have noted, linkedlists are a terrible data structure to begin with.
Monero's Market Cap is 4,2B & Volume was $164M today so... Kinda.
but also, no one moves that kind of money without thousands of microtransactions, plus the arbitrage bots start to feed when there's alot of volume making it more stable than the normal financial system.
OTC in US is 12.6T. Big crypto fan, but we are currently at around .01% of the total financial system.
Looked another way, it may make our security systems more robust. Much rather have to pay money to some hacker to get my data back then wait for some future where a nationstate does it to cause harm.
letting ordinary people invest in what they please does generate alot of harm for individuals who are indeed too stupid to spend their money wisely. But it also oppresses that class who didn't happen into a $1M.
I'm a college educated, 26 year old programmer. I don't have a million in assets yet and it effects my ability to trade on margin and invest in private or OTC offerings, run an arbitrage bot and a million other things. Using a million dollars in assets as your rationale for whether someone is smart enough to do those things is classist.
I think what he's saying is there is a way to carelessly use smart pointers in rust.
pub enum List { Empty, Elem(i32, Box<List>), }
instead of :
pub struct List { head: Link, }
enum Link { Empty, Some(Box<Node>), }
struct Node { elem: i32, next: Link, }
least-Fun simulation ever, but i'm sure the creators did alot of research into troop movements to paint this picture so great job.
The only thing that it doesn't take into account the weapons we've developed since then. Like Cyber, Anti-Air "Iron Dome", satelite responses, etc.
It's crazy how many zero-days are hoarded instead of fixed. It's crazy how interconnected and reliant on technology we are.
Take out a city with a nuke, that's really bad. But disable wifi, electricity, water, oil or any other nessecity and instead of destroying that city you watch that city destroy itself.
There was a virus and i couldn't find toilet paper. You think you'd be able to find any basics after a nuke goes off?
Hope ya have a farm. GL trying to get through an airport, GL trying to drive anywhere.
We thought we were standing on the shoulders of giants, turns out we where standing on cards.
Four risks with margin loans. The first two also apply with crypto:
1.) Amplified losses if the securities in your account decline in value
2.) Margin calls or liquidation of securities
3.) Losses greater than the original investment are possible
- Not possible due to constant access via oracles to the underlying asset. The Protocol may experience more loss in very rare instances, but as an individual i never will.
4.) Interest rates may rise, increasing the cost of your loan.And due to 3.) is why you have an 'interest rate'. I have no rate of interest on my margin loan. The protocol generates money from trade fees, more liquidity is and leverage increases TVL.
The KSM is staked to ensure concencus of the network. proof of stake is like proof of work, but instead you are betting that this node is behaving and the node themselves are running cryptographic hash schemes like bitcoin. So like bitcoin, you are paid for validating the concensus of the network so you are paid that APR. Taken another step further, if you create a smart contract and lock the KSM in it, and that smartcontract stakes the coin for you, it can mint LKSM that proves your ownership in the pool. Slowly but surely the price of LKSM and KSM will diverge in LKSM's favor since the KSM in the smart contract is generating returns for being staked. So you can always redeem it with a slowly appreciating exchange rate. So all that to have a liquid form of staked KSM. You can now use the LKSM to mint AUSD and you can trust you can pay that back because you have colateral lockeed in a vault. Now when i participate n pools, I earn fees for providing liquidity of two assets. Now when people are trading, they can dip into the pool, swap their assets and no one has to be on the 'Other-side' of the trade. They get minimal slippage, and i get paid a trade fee that's much lower than what you can get in traditional finance (Usually fractions of a penny).
how is this any different, for example, from a company issuing bonds at 4% coupon rate and using the proceeds to fund operations when the company's profit margin is, say, 50%?
It's nothing like that. Because A.) It's not getting people to loan me money. Company issuing bonds at 4% has to pay that 4% to get access to their assets because it's 'Risky'. In the blockchain there is no risk because they have constant oracle access to the price of the underlying asset so i can do it for free, with no counter party. Simple a piece of code collectively floating on thousands of nodes running around the world.
Credit is loaning you money and providing an interest rate. Usually something insane like 15%.
DeFi is unlocking the value of an asset, making it liquid and allowing me to participate in other investment opportunities without an APR.
One example is on Kaurura. I have KSM, Stake that KSM for a 19% APR Rate. Throw that LKSM into a vault and mint AUSD as long as i have 160% collatoral ratio. I can then use that aUSD i printed, buy other assets and participate in liquidity pools, which are giving anywhere from 50% to 300% APR.
It's a new era of finance. Play around in the space before you say it's worthless.
If profits > tax && MultinationalProfits == True { totalWealthPercentage = totalWealthPercentage + Profits; Nationstate = nationstate + tax }
Run that through alot of loops and eventually corporations aree biggeer than any nationstate Vec<Nationstate> by design of the system.
kick out retailers who sell below MSRP too much
i've worked alot in a bunch of company's when i was selling NSN's and mostly it works by your volume. You can sell at whatever price point you want but this is your price based on volume.
Jobber: 500, at $1.30 distriibutor: 1000, at $1.20 wholesale: 10000, at $1.10 partner: 1000000, at $1.00
Sometimes it makes sense to sell some inveentory at a loss to ensure you maintain the 'bucket' and happens all the time.
i remember learning this in college. It's absolutely false now though. Late-stage capitalism has different ideas as those basic graphs don't take into account any amount of game theory. There's perfect competition in coffee but marginal cost the the end user does not anywhere approach marginal cost.