vmception

The article details this basically pointing out that c-suite payouts are high and this is currently being tolerated but maybe by ignorance

Its fine though, as long as those investors find new investors who only care about revenues. The actual company is a conduit, the revenues still occur but nobody had been asking what happens to the actual money. Lucrative game.

Good article, calls for nothing except FYI to investors.

I really only see loss porn (except when an Elon Musk tweet is involved), which was my point.

"wow crypto keeps crashing... from higher highs than before??? no, ignore that, it's crashing though, I will finally feel vindicated from sitting on the sidelines for an entire decade!"

Similar to calls for paying “fair share” of taxes

Terra, one asset in the crypto space, was mostly isolated to people trading just that asset, despite accurate warnings from other crypto traders. There was also selling of the partial collateral accumulated to support Terra, like a billion dollars worth of bitcoin which contributed to some selling pressure and failed to support terra, as predicted.

But aside from that, the rapid implosion of terra did reveal some other coding challenges within other projects, that did result in contagion and an ongoing fallout with projects few have ever heard of. But many projects with exposure to terra weathered it exceedingly well due to the system designs, its pretty intentional that there are not articles about that - I’ve emailed Bloomberg authors about this omission. Pretty much every article and discussion last week was overblown and inaccurate. There is no interest in showing crypto assets and protocols working, but they are aware. (So just buy the dips in better designed things if it fits your risk profile.)

This article is specifically about faith in uncollateralized algorithmic stablecoins being shaken. And good riddance to that! There are plenty of stablecoins doing very well in this market rout.

This has been a very amusing weekend though, Terra has become a meme coin, bouncing 500x off the lows (50,000%). Maybe you’ll hear about an article about all the millionaires made from buying the dips. My bet is probably not.

Board Of governors is a government agency

It is kind of sad that it’s 2022 and I still have to go to 4chan to find the backups of a violent livestream or manifesto, its already on someone’s computers

But sure, 4chan, just mess up my site history why not!

Yeah I’m pretty down for everyone else leaving twitter

Journalists will find something else

Any other solution?

If they were their own apps you would appreciate it

Whereas “personally guarantees” is used in the context of “I meant to do this to provide confidence”

I have a graphic designer work with me on the logo. With the finished logo you get style guidelines and an entire kit of all logo formats and resolutions.

You also get:

1) Color scheme - primary and secondary colors (this article reinforces this as well)

2) Typography - primary and secondary fonts. Now your use of any fonts especially custom fonts is no longer arbitrary, and congruent to a theme

3) Evocative messaging. The logo already evokes something in the viewer, the site is now congruent to that

This gives you a great launchpad and highly combustible accelerant to propel everything forward.

There are people that got roped up in it who were not lunatics, some have since recanted a lot of what they said and mentioned how it happened. It mostly comes down to people “doing their own research” and feeling like theyre being proactive but really Google, Youtube and Facebook sent them down a rabbit hole of related content, which in this case was a “grand conspiracy few people know of”.

You can look at all the other comments to see how the word choice alone sways people

I also think you are limiting your approach to who you are responding to: athiesm is a belief system about there not being a God, there is a different word for people who just don’t care at all.

Alternate title: CEO personally guarantees company financing

"The CEO believes in his struggling company, although it theoretically means he could have an excuse to sell a bunch of Better.com shares or personally declare bankruptcy, this CEO has 5x as much cash and is probably swimming in less debt than most of the middle class."

Also this is an active area of development!

The most widely used Ethereum client Geth (Go-Ethereum, because its written in Go) has 3 or 4 modes. a pruned+fast synced node absolutely fitting on any consumer drive. while its archival node with all the prior states of the blockchain (not necessary for consensus) takes 9 terabytes, and is nearly impossible to sync up with without specialized drives and computational resources.

Other clients improve on that. Erigon is also go-based but with a different data structure, it only does archival nodes and takes 2 tb. Rust based ones like Akula and Silkworm also only do archival nodes, and they take 2 tb as well. Roughly 400% improvements in performance, and the same gains are seen in how much space they take.

There is probably more room for improvement as well, such that an archival node is a viable thing to do.

Exposure was an afterthought to astronauts and now they make more aesthetically pleasing images by using basic photography principles (and better digital sensors)

thats where we are with IQ as well

This article only briefly touches on suicide so fast that I’m not even sure if they are saying higher IQ kill themselves less or not.

First it suggests wealth = iq… maybe thats what you mean? Not sure what you mean but my following points are related to this

Second it also means produced viable offspring with healthy people, which really means wealthy people *nutted in healthy people. There is an extremely high correlation to wealth and which sex is choosing based on “health” (as opposed to equal or greater wealth)

Third, they probably nutted in unhealthy people too. Just might as well acknowledge the human flexibility in reproductive activity.

Fourth, it suggests the healthy person needed the wealth to maintain the healthy lifestyle or spread it to the wealthy person or subsequent offspring, here I have the most doubts

But if I misunderstood what you were getting at, let me know. Married may be less crass but its probably inaccurate

leaving just bitcoin and .. monero .. as major ones on Proof of Work who aren't moving.

so not sure if your snark is a valid rebuttal.

I'm just not sure what you think you read, what did it mean to you and why was it interesting/absurd to you, compared to completely benign and ignorable.

Its 2/3rd backed by dollars and 1/3rd a mixture of commercial paper, which we don't have further information about. Rumor mill always swirls about that paper, but its probably not that controversial and would only be 33% of Tether. Likely would result in a liquidity crisis if more than 70-80% of Tether's were redeemed at once. Although I wonder if that's even possible now given how much USDT is locked in DeFi apps and liquidity pools and burned.

(Projects often lock assets in a liquidity pool share and then destroy their access to that share, to ensure to their community that there is always the ability to trade)

So Tether will probably continue working for partially the dumbest reasons.