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gcbw2

457 karma · joined October 13, 2017

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gcbw2··on Launch HN: Fintual Inc. (YC S18) – Automated Wealth Manager for Latin America
What advantage latin americans get for this be based on chile? There are other countries with much more population (your main self proclaimed challenge) and/or less tax burdens.
gcbw2··on Starting your own bank is laborious but profitable (2009)
AH, Europe. In the US you pay around $1.5 to $4 per withdraw, because the ATM network is a private enterprise not owned by the banks.

You will get there, unfortunately.

And you completely missed the point. Loaning/re-investing with volume is a very sure way to make money, and was what banks used 30+ years ago. now they pad it with fees for everything.

gcbw2··on Starting your own bank is laborious but profitable (2009)
You do realize all those things COST banks money in the past right?

some 30+ years ago, when banks were on COBOL mostly, the system analysts would try to lower costs because you couldn't charge a fee, and if you didn't provide services that cost the bank money, the clients would move to your competition.

In that time, banks had the concept of Client Acquisition Cost. Today banks uses fee for everything and everyone is ok with that, so they now have the concept of Recurring Fee Profit Per Customer. If you don't pay many fees, they treat you like garbage.

So yes, it is very possible to make a profit by not only having those things but having that without fees. You will just have a harder time getting institutional investors because now they will only ever invest in predatory banks because they provide a return much faster.

gcbw2··on Surviving as an ‘Old’ in the Tech World
I think you are replying to an ironic post to begin with. Doubt that quote was to prove a point, but to highlight the problem.
gcbw2··on Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags
is that volume or sell volume?
gcbw2··on Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags
More interesting is why the purchase orders at usually at >=$1.0, and then there are sale orders at =<$0.999. Why someone would automate something to lose money so consistently? I guess this is what the author was calling out, not the numbers per-se. The numbers just point that the buy/sell are the same entity, human or not is irrelevant for the number. But the behaviour is the odd part.
gcbw2··on Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags
The very first paragraph opens comparing this to "defying gravity". Your assumption were true it would make it very easy for others to win at all times. Think about it for a second: there is someone buying and selling, consistently at known price points.
gcbw2··on Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags
So annoying that the author links send me to twitter instead of a bio.
gcbw2··on ICE Whistleblower interview with CBS interrupted by government agents
Isn't that china... oh. ok.
gcbw2··on ICE Whistleblower interview with CBS interrupted by government agents
aren't arrest quotas for law enforcement illegal in most countries?
gcbw2··on The US Mint lost $69M making pennies last year
don't put inflation in the same bag as metric system, please.

Zimbabwe could have invented the metric system, but they still have billion zimbabuwe dollar notes. One thing has no relation to the other.

gcbw2··on The US Mint lost $69M making pennies last year
Yes and no. No in the sense that you not the only one to see pennies as an extreme annoyance, they really are. But you are alone thinking the annoyance is easy to get rid of.

They are a very good reminder of the currency history/direction, and cheap if you think about the consequences of letting this go unchecked.

gcbw2··on Gentoo GitHub Organization hacked
gentoo is the poster child (real or tongue in cheek, doesn't matter) of the tech forum on 4chan.
gcbw2··on Dragonfly: Alibaba P2P file distribution system
except reliability reduces a total, not sum integers like beer count.

if I write a shell script with a scp line right now I can tell you it has 100% reliability. up to X% reliability means that "in the very nice and controlled environment, with the own devs attacking every production problem, trying to get 100% got us up to X%"

gcbw2··on Windows NTFS Tricks Collection
wonder if the "...\...\" trick can be used to overflow the counter of files to delete and execute arbitrary data as the system user.
gcbw2··on The Mysterious Heir of Extreme Travel
summary to save everyone the click:

Kid in his 20s (intelligent and likely suffering psychological conditions) fools a bunch of rich people and collect money for exotic travel ($20k each, from the article figures, which is peanuts for exotic travel. it doesn't even cover a 1st class ticket to a mundane city) and disappears.

Then the article keeps going about how clever the disguise was, when it really was just "i am rich and won't talk about my family"

gcbw2··on LocationSmart Leaked Location Data for All Major U.S. Carriers in Real Time
What honest purposed TelCos would have to even sell this data?

all of them replied saying "we will cut clients not following the program guidelines"... what are those guidelines?! and why is that arbitrary for the companies to decide, and not mentioned anywhere on the consumer agreements other than some vague "we may share your data with whoever"?

This sounds like Cambridge Analytic for TelCos.

gcbw2··on Elon Musk hires 2 Newfoundland interns who solved problems at Tesla factory
this is paid advertising at most.

i can count 100s of companies that hire interns. that is the point of companies offering internships.

flag this to oblivion.

gcbw2··on Completely Silent Computer
correct. which makes the top comment pointless (or missing the point?)

Under-performant computers can and have been silent for a while. A phone falls into that category.

The trouble is making a good performance computer silent.

And even the case the article advertises, is pure garbage. I had the smaller ones (and the author should really have bought the black anodized one!). It works fine while underpowered. But as soon as you hit the 5h compile/rendering levels of workload, that thing cannot move heat away without airflow. period.

gcbw2··on No “Material Difference Between 5G and LTE”
isn't it capacity as in more devices to the same transmitter.

The problem today is already too many devices for the transmitter internet pipe. 5G will make this worse (or better, if you are a Telco overselling data without consequences)

gcbw2··on FCC Issues Warning in Wake of Swarm's Unauthorized Launch
it's working. we just have to wait for the regulation to trickle down to the start ups.

:)

gcbw2··on Scuttlebutt, a Decentralized Alternative to Facebook
It's an open source alternative to FB, which makes this a more efficient FB. You are very correct on all points.

Google and others operating a crawler would have the same data as FB has today.

gcbw2··on ‘I Fundamentally Believe That My Time at Reddit Made the World a Worse Place’
reddit cannot be customized.

You can subscribe to X subforums. and only ever see those same X subforums.

But you can NOT see "All" excluding only things racist subforums for example. So it is either your little bubble, or the full blown promoted/paid xenophobic posts.

gcbw2··on C for All
Should have fixed the easier problem first. The 'searchability' of the language name.
gcbw2··on Show HN: A Chrome extension that tracks front-end JavaScript at runtime
is it a true webextension? i.e. will it work on firefox?

...or was the firefox quantum move a failure?

gcbw2··on I've never felt less in control of my own hardware
taxis do that to passengers for some 15years now. and that is only counting the video ads. If you count print you can go back all you want.
gcbw2··on I've never felt less in control of my own hardware
that's the fallacy of people shipping bogus crap and you thinking you are at fault. Thanks google, i guess.

Most new features on chrome are not for your security. They disable all referrer control options. Want to only send referrer to the domain you are at now? though lucky, google makes money on cross-domain referrer reporting so they can track conversion from their ads.

gcbw2··on Apple, in Sign of Health Ambitions, Adds Medical Records Feature for iPhone
apple and google dialing back the usability helpers show that the picture is not that black and white.
gcbw2··on Front (YC S14) Raises $66M
This comment highlights the problem they will have to solve.

People who want to replace outlook, already did. ages ago. They have slack, jira, jive, gmail, etc, etc, etc, etc.

People who won't replace outlook, won't replace outlook.

gcbw2··on Apple, in Sign of Health Ambitions, Adds Medical Records Feature for iPhone
it is the same as having an all powerful application with saved credentials on your 90's PC, protected by a BIOS password.

All fine and convenient until it is compromised by some other application.

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