Lazare

12 ms·

61.
by Lazare 3y ago
That does seem like the obvious argument, but... Technically, storing chat history from 24 hours isn't really any different than storing it for 30 days. Or 30 years. Either it's on disk somewhere or it isn't, and if it is ,
62.
by Lazare 3y ago
The brief answer is that if you know, or can "reasonably anticipate" legal action, you have to take steps to preserve evidence related to it. So if Google has been sued about, let's say, how they negotiate Revenue Share Agree
63.
by Lazare 3y ago
This is....amazing. As I understand it: Chats at google by default have 24 hours of chat history. (That is, after 24 hours, the chat history is delelted.) You can opt in to having 30 days of chat history instead. And when under a legal hold
64.
by Lazare 3y ago
I suspect the answer may relate to why "Flam Hill" is being so purposefully vague about how he acquired the shares. But you're right, the story doesn't really make a lot of sense.
65.
by Lazare 3y ago
See here: https://old.reddit.com/r/Eve/comments/12a6szd/pandemic_horde... I haven't personally confirmed it, but it seems that there were only 1k shares outstanding, meaning that Flam Hill somehow
66.
by Lazare 3y ago
This is a bit less interesting than it sounds. When you create a corporation (aka guild, free company, etc.) in EVE 1k shares are created by default (you can create more, not everyone does). And this corproration hadn't, so if you ha
67.
by Lazare 4y ago
Yeah. Like, steelmanning the argument here: 1) Musk has come out in favour of shadowbanning, or "freedom of speach, not freedom of reach", as he once put it. Twitter isn't stopping you from tweeting a link to Substack, it&#x2
68.
by Lazare 4y ago
A Panamax cargo ship (which is small by today's standards...) can carry ~5100 20-foot containers (TEUs) with a crew of perhaps 20. Sailcargo's under-construction flagship can carry 9 TEUs with a crew of 24. So replacing a single P
69.
by Lazare 4y ago
I mean, yeah, they could be. Except: 1) Doing that wouldn't be fairly described as "downloading Twitters database". 2) Given the scale of Twitter, there's no way that would be fairly described as downloading a "ma
70.
by Lazare 4y ago
Even better, if you search for "substacc" or other mispellings of substack, the search actually autocorrects it to "substack" and works correctly.
71.
by Lazare 4y ago
Especially after their staffing cuts. Even if Substack was doing something (doubtful), and it was so large scale as to show up in their reports and dashboards (extremely unlikely), who's left to look at the reports and notice ?
72.
by Lazare 4y ago
Incomprehensible is the polite version. 1) Substack links are blocked and restricted. I've personally confirmed this, as have countless others. In fact you can't even search for the word substack (or tweets made by Taibbi!) ri
73.
by Lazare 4y ago
Again though - let's say you do that, and then it turns out that someone has stolen a bunch of the cash - enough to burn through the overcapitalisation. If the bank isn't insured, then depositors end up taking losses, which means
74.
by Lazare 4y ago
Custodia would not have paid interest, and indeed, that's impossible. Functionally, Custodia was offering a "we'll park your cash in a safety deposit box in exchange for a fee" service, except offered by a dodgy outfit w
75.
by Lazare 4y ago
> You can't have one bank totally safe from bank runs in an environment where every other bank keeps less than 10% of your cash on reserve. This breaks the system. Either everyone has to be fractional reserve, or no one can be. That
76.
by Lazare 4y ago
That's not correct. > The assessment base has always been more than just insured deposits. From 1935 to 2010, a bank's assessment base was about equal to its total domestic deposits. As required by the Dodd- Frank Act, however,
77.
by Lazare 4y ago
...no, I really don't think that follows.
78.
by Lazare 4y ago
It is a weirdly high number. I can only assume it represents some sort of conservative "worst case" estimate, but so far I haven't seen any comprehensive breakdown. And yes, if it does cost $20b, it will be the most expensive
79.
by Lazare 4y ago
Seems like not only the obviously correct answer, but probably the only workable one.
80.
by Lazare 4y ago
No, I don't think it's the start, and no, it doesn't feel very similar. There's just no obvious asset bubble or other obvious overhang of risk. Credit Suisse and SVB feel like idiosyncratic outliers, not like the first p
81.
by Lazare 4y ago
SVB had two main risks: 1. Their despositors were overwhelmingly in tech, which meant they had tons of spare cash they needed to park when interests rates were low and VC money was plentiful, but would presumably need to pull that cash back
82.
by Lazare 4y ago
Write access is a subset of all access, so I don't think we can really argue that the plain meaning of the original statement was about removing write access. But yes, a missing word is certainly a plausible explanation for how they
83.
by Lazare 4y ago
I understand you are in a difficult position, but this is a bit absurd. > During that period you will maintain access to any of your public images. The only reason that sentence would be in there is if after that period you would lose
84.
by Lazare 4y ago
> At the same time, this is yet another example of changing the rules in the middle of the game. Not exactly. Or rather yes , but the rules changed in 2008, not this week. Specifically after IndyMac failed in 2008, there was significant
85.
by Lazare 4y ago
The article is blaming people for creating and spreading panic , not (just) for moving money out. (And in the context of a bank run, there's a pretty good argument that the author is correct too.)
86.
by Lazare 4y ago
> Insofar as the amatuer hour banks [...] will now be saved from going under [...] That's the exact opposite of what's happening. Signature has, in fact, gone under.
87.
by Lazare 4y ago
A lot of it seems to come down to very, very agreesive regulation. Eg, plant designs got approved, work started, then the regulators came back and said "actually, you need to make some major changes to the design", so everything p
88.
by Lazare 4y ago
My partner is disabled, and by chance and via support groups she is a member of, she has many friends annd acquaintences who are as well. And while it's by no means universal, she and all her disabled friends absolutely loathe the &q
89.
by Lazare 4y ago
Feels fairly simple. A decent chunk of people always disliked SPAs, due to their very obvious disadvantages. Another chunk of people always liked them, either due to novelty or to their, again, fairly obvious advantages. Depending on wh
90.
by Lazare 4y ago
That's not really unusual for Hersh - he's always been prone to being a bit free with the details. Which hasn't stopped him from getting the big picture right in some very famous stories! ...but he also seems to have gotten i

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