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realmod

221 karma · joined June 22, 2018

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realmod··on YouTube tells foreign creators they will soon be charged American tax
At the same time, giving up a market will give another competitor a golden oppurtunity which could come to bite them. And countries could probably somehow force Google to continue operating Youtube there by threatning other Google products.
realmod··on Samsung Foundry: New $17B Fab in the USA by Late 2023
And two years later there has been zero development on this bombshell story which makes the story look even worse.
realmod··on Why Robinhood disabled buys but not sells
Naked shorts are already illegal, so if that happened Im pretty sure that they will all face severe repercussions. But the 140% short interest is very misleading and points to naked shorts even though the excessive short interest can explained without them.
realmod··on Statement of SEC Regarding Recent Market Volatility
E.g. A lends a share to B, B sells to C, C lends to D. Now say another shorter, X, needs to cover their short and thus buys a share from C, now for this trade to settle C has to recall their share from D and then give it to X, who would then use it to cover their short. If D now fails to give back the share to C, then the trade between C-D is FTD which would then cause X trade with its borrower to be FTD since X needs C's share to settle it.

So they could have locates but still fail to settle. Though, I'm not unequivocally excluding that some naked shorts may have happened. I just find it more plausible than hedge funds and brokerages allowing huge amounts of naked shorts, which are already illegal.

realmod··on Statement of SEC Regarding Recent Market Volatility
The same director noted that the SI%, according to their way of calculating*, is actually at 55% (still very high). And like the poster below stated, one cannot really know the difference between a borrowed and "ordinary" stock .

Webull came out and clearly stated that their clearinghouse had issues with putting up collateral for the tickers and thus had to shut them down [0]. And while Robinhood has not come out directly and said it was due to liquidity, one can easily gather that from the statements they put out, the new funding they needed, and lastly the fact that DTCC required higher collateral for those tickers.

[0] https://www.wsj.com/articles/gamestop-trading-restrictions-b...

* It includes all tradeable share. So in the case of the example, normal SI% states 2:1, two shorters and one original share. Their way is 2:3 which is, 2 shorters (B,D) and 3 longs (A,C,E)

realmod··on Statement of SEC Regarding Recent Market Volatility
I also believed that most of the shorts were naked, but the director of S3partner clearly explained how this was not the case. One stock can be shorted multiple times which is what causes the SI% to be over 100%. A lends to B, B sells to C, C lends to D and so forth. Two shorters (B,D) but only 1 original stock.

And Robinhoods closure of the trade seems reasonable in retrospect as well. If the clearing house required a higher collateral to clear trades on those tickers due to their volatility and RH did not have the liquidity to provide it then blocking the purchase of those tickers seems fair.

I can't really see anything illegal about the actions of the traders or the brokerages like Robinhood and Webull.

realmod··on Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop
Yeah, I read my comment and thought about it, and I fully understand that those words are not acceptable but I feel like its not as severe and most of the time they are calling themselves gay and such, but I fully understand that it still is unacceptable.
realmod··on WallStreetBets Proves the System Is Rigged
This is some disgusting manipulation, and even worse is that hedge funds most likely shorted the stock even more knowing what the investor apps would do, and profited from this coordinated shutdown.

That hedge funds were even allowed to short so much naked was ridiculous. I mean the fallout from a GME continuing to rise would be catastrophical to the financial system. It would cost tens of billions that these funds do not have and would end up costing the banks money that they could not lose.

realmod··on Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop
Ive been watching the community for atleast 4 years now, and for the most part it's is just random people that use options to gamble (i.e. wild shots at trying to make money but they do have some knowledge). Either way, while terms like retard, autist, and gay are used frequently I've yet to see any racism or any xenophobia whatsoever in the community. And any insinuation of it is usually shut down fast. And While they use that mantra I think WSB is very unlike 4chan (although my exposure to 4chan is extremely limited) and its racism/hate speech.
realmod··on Poland Justice Minister announces online freedom of speech bill
"Newspeak" is calling compelled speech free speech. This law would, for example, force HN to host spam and unrelated content since it does not break polish law. And forcing an entity like HN to host and disseminate content it does not want, is simply compelled speech and doing it under the guise of "free speech" does not change the nature of the law.
realmod··on The deplatforming of a president: An unprecedented week for the tech industry
Trump is indeed the President - not a king nor a dictator. His powers are limited and in this case he cannot force a private enterprise to host his private, i.e. non official, statements/comments.

Trump has a multitude of other venues to use if he wants to disseminate his statements private or official.

realmod··on U.S. Capitol Locked Down Amid Escalating Protests
Claiming fraud without any evidence at all just because you lost is ridiculous. This is clearly a huge attack on democracy by Trump and his supporters/sycophants.

Edit:

How are the rioters even able to breach the security and allowed/able to stay there? Feels like some very bad policing - are they overwhelmed or is it intentional?

realmod··on Bug drone for UK army that weights 196g, has 40 mins autonomy and 2km range
Sure but even then, those groups could use these long-ranged and relatively cheap drones to deliver all those horrific weapons. Huge rockets and such is fortunately prohibitively expensive and hard to manage. Whereas drones compared to rockets, are much cheaper and easier to manage could easily substitute those rockets and they would also probably be able to evade our defensive systems. For example, Turkish drones destroying Russian anti-air defense in the Armenian/Azerbajian war.
realmod··on Bug drone for UK army that weights 196g, has 40 mins autonomy and 2km range
Drones are integral to current warfare and will continue to become even more important. And as we've seen in the Caucuses, the nations with the most effective drones will easily conquer other countries without or with worse drones.

Aside from that, we've come really far with drones which are amazing technology-wise. We have small drones like these with a 2km-range and large drones that can carry huge payloads, i.e. payloads in the tons of kg, while also having ranges in the thousands of kilometres. Although it is remarkable technology-wise, I believe it foreshadows a horrible future for humans that we have such advanced murder weapons. And especially now that drones have become cheap to produce.

realmod··on Jetbrains founders turn billionaires without VC help
I second this. I've become insanely more productive with PhpStorm. Well worth the money.
realmod··on Google accused of search manipulation in third major antitrust lawsuit
As a consumer, I can unequivocally say that I enjoy and prefer aggregation features and some OneBox features, I want the search to return an information-dense page with good summaries of, for example, Wikipedia articles and Oneboxes with the financial status of companies.

I've read part of the complaint, and it is fairly persuasive, but I do feel like most of Google's actions that "reinforce" their monopoly are somewhat morally acceptable. Like Google requiring Android manufactures to use Chrome and its search engine as default or Google paying Apple to make its search engine the default in iOs. Google is spending most likely billions on developing and maintaining Android and thus deserve to impose some financially beneficial requirements. However, Google blanket banning manufacturers from forking Android instead of just prohibiting Android-forks from using "Google Play Services" is clearly anti-competitive and shady.

Here is the PDF of the complaint https://assets.documentcloud.org/documents/20431671/colorado...

realmod··on States bring action against Google under federal and state antitrust laws [pdf]
Google Drive backups option for Whatsapp only applies to Androids with Google Play Services, and for IPhones Whatsapp's only cloud backup option is ICloud. This does not seem close to nefarious at all. NOTE, this is only about cloud backups through the app. If you want you can backup only to your phone and then upload those backups to whatever service you want.

The complaint about this is simply ridiculous, and in fact kind of shows the misleading nature of it's framing. Not that I expect more of that AG.

realmod··on U.S. Treasury, Commerce Depts. Hacked Through SolarWinds Compromise
I still cannot help but laugh at the intentional ignorance by a lot of people in the US right now. They have for some reason (we all know why) gotten the notion that Russia is some kind of innocent nation that does nothing at all and that US is unreasonably antagonistic against Russia.

Russia is in NO uncertain terms a hostile and aggressive nation that we all need to be wary of.

realmod··on U.S. Treasury, Commerce Depts. Hacked Through SolarWinds Compromise
Russia's hacking/software capabilities have always fascinated me. I might be out of the loop, but it very much feels like this "online cold-war" is very one-sided towards Russia, which is ridiculous given US capabilities. Though, this could be attributed to the US simply not getting caught.

Nonetheless, everything I've read points to Solarwinds conduct being borderline negligent. For example, they not only told customers to ignore inaccurate checksums but they also failed basic server security.

realmod··on Twitch suspends DragonForce guitarist Herman Li for playing his own music
And you'll also need a seperate synchronization license to play the song with any visuals. Music rights are ridiculously convoluted.
realmod··on Google sued: Idle Android eats mobile data to send telemetry and preload ads
Couldnt this simply be the result of push notification checking and similar things that are done in the background? I do think the total amount of data used is a bit much but this do not seem unreasonable at all.
realmod··on Durable Objects in Production
What a great write up! Looks very promising. Right now, I'm wondering how everything will be priced, especially, the compute-time. Because if the price is low, you would be able to replace a lot of complicated servers with easier and more scalable workers.

According to [0], they will - obviously - charge for both compute-time and storage operations, and with the price of storage operations expected to be around Workers KV. Assuming that compute-time is charged at minimum at-or-higher than Workers Unbound, using workers for chat-rooms and other WebSocket stuff would be unfeasible. Workers Unbound costs $12.50 per MM-GB-sec - given that the server is 128 MB (the current fixed memory size) - the price per-worker-second would be at least $0.0000016 per connected-worker. It could get expensive fast.

[0] https://news.ycombinator.com/item?id=24616775

realmod··on I sold Baremetrics
Lawyer and employees cost money and directing them towards a small investment will only distract them from doing more important work. In other words, this could've ended with them losing even more money. Also lets not ignore the reputation they gain from this post and people talking about their generosity.
realmod··on Jack Ma's Ant Group set for record $34B market debut
The Kurds and Turks are for sure still killing each other, and Turkey is expanding further into Kurd-controlled areas in Iraq & Syria. And Afghanistan is and has been a failure; the Taliban have been regaining land and power, and further US withdrawal from Afghanistan will set it back to 2000 ( the war and misery would be for nothing ). One of the primary missions in Syria was to oust Al Assad, but he is still in power and controls near-entire Syria. Iraq is still a war hotbed, and it seems like more entities are joining the fight to control it. Then there is also all the proxy wars, for example, Yemen.

The peace accords are for sure good for the region and are setting it on a brighter path. But the US deserves no credit for withdrawing or starting new wars. And none of this is to dismiss or "whatabout" China's horrible actions but lets not lie to ourselves about the actions of US and allies - We have committed plenty of evil.

realmod··on Twitter and Facebook's action over Joe Biden article reignites bias claims
The contradictory statements by the so-called shop owner, who provided the emails, and the past behavior of Guiliani all points towards it very likely being false. And them holding this information until 3 weeks before the election points, after having it for over a year, further points it to being false informations.

And the nail in the coffin is the simple fact that they decided to release a PDF-image of the emails instead of simply giving the raw email with its metadata which would allow us to instantaneously confirm it. Literally all they have to do is post the metadata.

realmod··on Cloudflare One
I love Cloudflare but at the same time its expansion just make me uneasy. So much of the internet is gathered under cloudflare, a single failure point. And issues like Cloudbleed definitely does not make it better.
realmod··on Removing Holocaust Denial Content
But that is not what is happening instead they feaster inside their bubbles and grow even more convinced and dangerous. It should simply not be tolerated.

"You cannot reason someone out of something he or she was not reasoned into."

realmod··on Removing Holocaust Denial Content
How is spam and scams not speech?

Hate speech, scams and spam are all speech and they should all be removed and not tolerated.

realmod··on A Note about Spotify Transfers
What other questionable practices?
realmod··on What I Learned Going Through YC as a 17 Year Old
Would like to know how he at 16/15 years of age got a fulltime job at teespring.

    2014 - Moved from Boston to San Francisco to work as a 
    fulltime engineer at Teespring instead of doing my 
    junior year of high school.
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