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adrianchifor

5 karma · joined May 4, 2020

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adrianchifor··on Shorting Tether
You know who already made tens of millions in profits and will continue to because of stories like this? Market makers that redeem billions of USDT for cash with Tether/Bitfinex every time it goes under $0.99. Borrow USDT on leverage, cash out at $1 to US bank, mint USDC with Circle, swap to USDT, repay USDT loan and bank the difference, rinse and repeat until it's back to $1.
adrianchifor··on Bitcoin Is a Hideous Monstrosity Made Out of Computers and Greed
Many of my Ukraininan/Russian friends would not be alive today if it wasn't for crypto, same goes for many journalists and innocent civilians that escaped controlling governments, war zones, hyperinflation etc. Show me another asset that you can take with you in times of crisis on a usb stick or piece of paper, and transact without middle-men globally. A significant number of people live in places where saying/doing something controversial can get your assets frozen (Canada '22) or much worse.

Sure BTC uses a lot of electricity, but so does the US military which is key to maintaining the $ as global reserve currency. There are many people and projects in crypto trying to do the right thing about energy (https://ethereum.org/en/energy-consumption/).

Dunno why you would fight against a fair, open, censorship-resistant, global financial system, unless you're a dictator. You won't need it, until you do.

adrianchifor··on Show HN: Distributed, sharded in-memory cache and proxy for S3
The same way you would use redis to cache your expensive dbms queries, you can use this as the 'redis' for S3 blobs.

We use it at my firm to cache frequently accessed ML models and training data. Getting these directly from S3 can take a few seconds per blob, and with the cache it takes that down to milliseconds.

adrianchifor··on Ask HN: What's your quarantine side project?
Drank a lot of G&Ts and wrote a serverless database https://github.com/adrianchifor/Bigbucket
adrianchifor··on Serverless Bigtable-like database, backed by Cloud Storage
Yeah that would be cool, I'm working on S3 soon and as I understand Min.io is fully compatible with it, so it could be a drop-in replacement.
adrianchifor··on Serverless Bigtable-like database, backed by Cloud Storage
Built this over the last two weeks of quarantine, let me know what you think :)