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postcynical

145 karma · joined March 28, 2018

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postcynical··on Ask HN: Predictions for 2025?
* HN will stop hating and start loving crypto. Particularly smart contracts, stablecoins.
postcynical··on Show HN: How much is 13B euros?
3miles for $2bln under densely inhabitated city.

https://en.wikipedia.org/wiki/Weinberg_Tunnel

postcynical··on Show HN: How much is 13B euros?
13bln$ gets you a 35 mile tunnel thru the swiss alps.

https://en.m.wikipedia.org/wiki/Gotthard_Base_Tunnel

postcynical··on New gel breaks down alcohol in the body
There's this Danish startup that claims they can put the missing flavour back into the beer using their enzymes:

https://evodiabio.com/yops/ https://science.ku.dk/english/press/news/2022/researchers-ma...

postcynical··on Spot Bitcoin ETF receives official approval from the SEC
> Not that I would ever buy a BTC ETF since it precisely negates what I believe Bitcoin to be useful for, but if I had to, I'd pick the one that would convert the forked coins back to BTC immediately after the fork.

Would it actually be clear which fork is the winning one?

postcynical··on Spot Bitcoin ETF receives official approval from the SEC
and what would happen during/after a fork?
postcynical··on Crypto Crashed and Everyone's in Jail. Investors Think It's Coming Back Anyway
They accept payments in a USD/EUR or other FIAT pegged token, such as USDC, USDT, EURe, etc.
postcynical··on Crypto Crashed and Everyone's in Jail. Investors Think It's Coming Back Anyway
Monerium/EURe fully complies with EU e-money regulations. There's lots of similar products coming out in EU land, and more and more globally (e.g. euroe.com)

Most regulations apply to financial institutions, if your blockchain is provably decentralized (as in, nobody can rug/fraud you from your money), then a lot of regulations do not apply.

postcynical··on Militants Behind Israel Attack Raised Millions in Crypto
Next up: encryption without gov backdoors.
postcynical··on I applied to 250 jobs and timed how long each one took
I do read them. It’s the easiest way to stand out for candidates. A paragraph about what interests u in this role usually is enough.
postcynical··on The Philips Hue ecosystem is collapsing
My i initial reaction was that i could DOS ur phone through ur mailbox. I guess i spent too much time in tech…
postcynical··on UPI Payments: 10B transactions a month done, next stop 100B
There is no 1200$ limit on crypto transactions.
postcynical··on Ask HN: How would you raise $600k for a boring software co?
You’ll probably spend more time pitching and entertaining investors then just coding the mvp and start selling.
postcynical··on PayPal Launches U.S. Dollar Stablecoin
Fiat backed (hopefully :-): USDT, USDC, PAX Dollar (by paxos the same company behind pyusd)

Crypto backed: DAI, LUSD (backed by ETH), crvUSD, FRAX

EURO based (with full e-money licenses): EURe (monerium.com), EUROe (euroe.com)

postcynical··on Ask HN: Is there a webapp to input/store your blood test results?
i'm non-US and somehow managed to sign up for their dashboard only. There's a sign up button on the login screen that leads you to here: https://www.wellnessfx.com/registration/new
postcynical··on Ask HN: Is there a webapp to input/store your blood test results?
Wellnessfx.com is ok and free.
postcynical··on Launch HN: Clearspace (YC W23) – Cut back on screen time
Same here. Managed to wean off twitter. No longer feeling the urge or need to check it.
postcynical··on Cantonese Font with Pronunciation
12 centuries should be plenty of time for a simple upgrade to improve the UX of a language.
postcynical··on Cantonese Font with Pronunciation
The annnoying part in written thai is thattherearenospacesbetweenwords.
postcynical··on “My PGP key is compromised, and at least many of my bitcoins stolen”
Not gonna work. Your loaned tokens are traceable back to your tainted bitcoins (in this case wrapped btc on ethereum).
postcynical··on FTX Yikes
I had to buy a flight urgently. But my credit/debit cards had to low of a balance. Topping ul via bank transfer would have taken 4 days over the weekend. Used a crypto backed card, transferrred tokens, and 30min later booked my flight.
postcynical··on FTX Yikes
Generate new keys then transfer.
postcynical··on 'People were sucked into schemes': Inside Molly White’s campaign against crypto
Wrong conclusion. The hacks never targeted the underlying platforms and security. It was always the bugs on the smart contract level. The same way you can't blame Java/Ruby/Python being insecure because of SQL injection attacks.
postcynical··on 'People were sucked into schemes': Inside Molly White’s campaign against crypto
Bitcoin. Ethereum. Etc.

They don't go down if you turn off your Raspberry Pi.

I also can be 99.9999% sure that they run correctly and Ethereum itself is pretty unhackable, as proven by the multi-billion bug-bounties.

The smart contracts running on Ethereum are open source, unlike your PHP script, can be audited, and if marked immutable, i'm sure no malicious person/business can hack or change it, and if they do it has an auditable backlog.

postcynical··on Stripe has decided to nuke my entire business
They're just a tech solution orchestrating (recurring) payments to your payment processors. So they don't have to do the same checks as processors. So they are only a technical single point of failure.
postcynical··on Ask HN: Should a professional software dev know how many bits go in a byte?
Based on my 25years experience with that line of work, this knowledge is not required at all and won't make you write better code. Some coworkers will question your competence, which is a disadvantage.

Hiring wise, if you've spent a few years programming without ever learning about "that bits&bytes thing", an employer is tempted to doubt your education, level of curiosity and/or general interest in your field.

postcynical··on Show HN: PubKey – Communicate Privately in Anonymous Public Spaces
U2FsdGVkX19NpXMRlLYzK2ueIj0WAXj2pkEGro8mAokAYqyEDk+XzNTJgBnuwuSQTsm4TEhbXHhq/Nljgfh9HX4gRSK2psekJFaV4PBP5jQo90TyHpZ8wpI6Bn6XkGowZchoo2dDh1ymE6xDwQKLfyoOZDENOBWm/L6OoRRPgb5eLL6IaiFCeR6ATe4ZLjoNSoy/v9ZrTmIiIw6U6mSPU8fxOHVIQChKY3VpNMSKEBNv62qz2iF8cw3/CclFg9NjNPKU/TkjYCd9AhWc8o89EvoiIosaKZsph9cjq+UsNiRobXjEWGcaLtuyvyCkcmyqfGzQkfrDNh3sXG7XeNxckfOUaJozEh+/TP4uYBls8dLvIGqRv+fa7gSB3J7XXowMEXT10T1SEMa4tFhNOFlzSXKCtzMUlN9Le9gebe6fBqM=
postcynical··on Show HN: PubKey – Communicate Privately in Anonymous Public Spaces
Nice. Had this idea and a prototype ready, 3 years ago. never got around to finalize it. Let me know how i can contact you and i can share some of my ideas, etc.
postcynical··on The billable hour is a trap into which more and more of us are falling
More positively framed: this is essentially charging for value added, not time spent. A contractor who saved/made the company a lot of $$$ can overcharge, knowing that his rate pales in comparison with savings/profits he made, so no one cares. However if he does not deliver enough value add, that sort of behaviour won't fly and he most likely will under-charge to avoid embarrassment.
postcynical··on Billion-Dollar Crypto Loan Is Easy to Get, but Gone in a Flash
Agree. Only fine men like George Soros and companies willing to pay enough to lawyers should be able to do so.

Also open source software should be banned, as everyone can search for security exploits. I see it the same with flash loans, etc. It forces DeFi protocols to safeguard against all attack vectors, resulting in a much more secure environment.

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