439 karma · joined October 12, 2016
When you manage hundreds of billions you need to diversify your investments across asset classes and risk profiles. Putting 1% into high risk VC funds makes a lot of sense.
Looks like they put around $200M into Celsius which is about 0.06% of their AUM.
Numbers might not be totally accurate but order of magnitude shows the scale of these funds and how they choose high risk to try and get some return for their beneficiaries.
(Note: I'm not condoning investment into Celsius/crypto in general; just making a point on the investment scale)
Mining needs hardware, which loses value as new hardware is released and mining gets harder. Thus, it depreciates over time.
Who are open for manipulation just like anyone else in the world.
It's only decentralised if you ignore any of the reality and details.
The author also posted articles that are anti-vax.
A comment left on this blog post:
Interesting that we think we can substitute millions of years of natures energy (fossil fuels) with a few techno gimmicks; solar wind, nuclear.
Similarly we think we can substitute millions of years of immune system natural evolution with a techno gimmick; mRNA injections.
Both are woke ideas from the asleep who rule over us.
Good way of putting the problem.If you did the calculations say 30 years ago when solar was orders of magnitude less efficient you might have gotten to those numbers, but today we are in a very different situation.
Nuclear base load with solar and wind will absolutely provide the vast majority of clean energy for future generations.
Spending a few months doing some leetcode revision to pass some interviews that could personally yields me hundreds of thousands, potentially millions, of dollars, is a very acceptable trade-off. Many people accept that because the risk/effort/reward ratio is very worthwhile.
I've worked in two FAANG companies and the level of talent and skills is phenomenal, an order of magnitude over anywhere else I've ever worked. They all played the game, and continue to play the game, and receive the rewards for doing so.
Choosing not to participate because you dislike the process isn't going to change the hiring process.
If I had another window open for chat/notes/emails I can still have that at half my ultrawide and just deal with a bit of overlap on my end
This is also directly responsible for increasing levels of fuels poverty and inequality. Driving up the cost of energy forces people into making decisions on whether to heat their home, cook their food, and how they live.
The direct human impact of this is really hard to justify because some capitalists in the western world want to make a few bucks.
This attitude is what really irks me about cryptobros. "You can't criticize crypto because [insert dystopian sci-fi novel scenario] might happen"
In British English you first apologise for it: “I’m very sorry, excuse me, would you mind, could you please pass the salt, thank you very much”
https://forsetisecurity.org/docs/latest/concepts/
To understand the underlying design of how each GCP service relates to each other is complex and definitely not available to the public. There is also a huge amount of nuance between GCP services relying on underlying Google services vs. other GCP services. Container Registry and Artifact Registry may both depend on the same underlying storage service, which isn't necessarily GCS, but could be an internal Google storage service. How this is specifically managed, partitioned and run is very hard to extract. Failure modes and scenarios are well designed and understood internally, but not shared publicly.
If you had a very specific use case you could approach your Google Cloud TAM/sales/customer engineer with the questions and they will be able to help you understand.
Source: Former Customer Engineer in Google Cloud for 4 years
The typical process requires due diligence because there is no trust - there are a huge amount of dodgy businesses, sketchy owners and smooth talkers trying to extract cash from investors.
This model might work for a few years but inevitably requires moving further out of the trust network where deeper and further due diligence is required. Or, its not done and every deal will get worse quality and expose them to more risk.
I turned an old desktop PC into an 8-bay storage machine with a PCIe SATA card and now have all the flexibility I want, without the price penalty for Synology hardware.
The best place to find hard drives is https://diskprices.com/ which scrapes Amazon and a few other sites to show TB per £/$. It's almost always cheaper to buy a retail packaged external disk and extract the hard drive.
Note: Some hard drives once shucked from external cases won't turn on when attached to regular SATA power adapters due to mismatches in power connector specification. Easily solved by using a SATA power to Molex adapter, and connecting that to a Molex to SATA power adapter (SATA->Molex->SATA) as Molex does not support the 3.3V pin which is the issue.
I would conclude this means companies planning to downsize already have done. The companies who were not really planning to are still not going to do it.
This also matches my personal experience and that of my friends and professional network.
Using data to test product iteractions, interface changes and catch low hanging fruit is totally standard and widely practiced. Companies not willing to use data driven measurement are lagging behind by at least 5 years.
When you say "none of my customers need kubernetes" is that because they are not using any of its benefits, or because they could do it another way and kubernetes was one of the options rather than the only option?
In my experience very few people are fully exploiting everything k8s has to offer, but many people are getting side benefits from greater standardisation of deployments, consistency for implementation of logging, tracing and telemetry, reproducibility of environments and to an extend talent retention and development.
I'm very interested to understand where the line is for genuinely getting zero benefits of using k8s.
As per the comment above you should not underestimate the value gained from experience. Having a deep understanding of a domain or market gives you the ability to see a problem, build a solution then clearly position and articulate why your solution is valuable.
If you purely focus on trying to make money for yourself you are really going to struggle to generate any significant money. You might be able to find a niche here or there but without understanding your customers and users you are unlikely to retain them or grow your user base.
Just my perspective!
I find that I exercise more regularly as the logistics are easier - no need to try and get up at 6AM for a class, or forget my running shoes, or try to lock my bike up securely. Everything I need is here at home.
With more time at home I've had the opportunity to improve my cooking which I've always wanted to do and the extra time with my partner has been great.
Downtimes have been learning to live with less alone time; whilst my partner and I are comfortable and do things separately its not quite the same alone as say a full day WFH whilst they were out for dinner or in the office.
Seeing my family in person less often is not ideal but I've compensated with video chats and in the process I now talk to my family more frequently and with more of them. I'd say that is a positive.
I see people on sites like instagram that seem to need to demonstrate how they have used this situation to somehow radically change their lives with extreme diets or levels of fitness etc. which is unrealistic expectations. For me its been about gradually doing more of the good and less of the bad, and overall found a good balance.
One item that stands out for me is that your backup is a couple of shell scripts and you mention that you would dump your database to a different RAID array. That means you are now on the hook to procure/rent, manage, update and monitor that RAID array. And you even call out that you don't include offsite backups so you are at risk of total loss because you are using a single physical site for your prod data AND backup data.
You mentioned above that you are "not locking myself in proprietary frameworks" - but in the process you have built custom one off scripted systems that are bespoke. If you leave or your consulting engagement ends it will be very hard for someone to take over and manage and maintain your systems - because your design, configuration and implementation is effectively lock in to YOU as a person and your consulting company.
Personally I would rather trust a cloud provider to offer something like backup as a service where they can handle geographic replication, snapshots, restores for me as a service and deal with all the hardware, disk replacements, hardware monitoring and network fun that comes with it. The human cost of moving to another cloud provider is not that large and I can easily hire a person or consultancy that has knowledge of Cloud Provider A and Cloud Provider B to make that transition because their services and systems are well documented, conform to a contract and there are training and certifications for how they work.
I still hold my opinion that taking advantage of services offered by cloud providers is value add in the context of running a business.
Also I would much rather trust a cloud provider with a big team of security experts to run my infrastructure than a random company renting me some servers. If you are getting them as a service then there is still a shared admin control plane, likely management type networks and infrastructure around it that are managed for you by a third party. Trusting their team, processes and security capabilities is a very high bar to meet.