SilasX

44 ms·

691.
by SilasX 4y ago
It's a discussion forum, amigo. You're supposed to share your insights with those who haven't yet achieved them. If you're not comfortable doing that, you can just not post instead of posting merely to whine and insult
692.
by SilasX 4y ago
Yes, they’re being overclever “&” earning an eyeroll from me (& everyone who expects headlines to be clear and easily parseable.
693.
by SilasX 4y ago
Sorry for the long delay to reply, these are good points that are worth addressing. Yes, you're right, counterparty risk is not completely gone, and it never is. Even for a stock share in Schwab cash account, for all I know, it's
694.
by SilasX 4y ago
I didn't say otherwise. My theory is just that some foods are more vs less conducive to policing, and theaters benefit from a strong preference for one particularly easily-policed food. That goes beyond the general economic logic of co
695.
by SilasX 4y ago
I think I'll just wait for you to give the substantive reply you have in mind. Accounts being jerks get less leeway from me than people being respectful and/or standing behind their words.
696.
by SilasX 4y ago
>I've worked with people who will say, "Oh, this tests well, but we don't want to do it because of [long term concerns X and Y]." Then why were they testing it, if they already knew other concerns would veto that alte
697.
by SilasX 4y ago
>The popcorn is of course an iconic part of the experience. I've long had the "conspiracy theory" that they promote popcorn as part of the authentic part of the experience because it's an item that's most difficu
698.
by SilasX 4y ago
In the spirit of the HN guidelines, let's keep the crypto talk on the crypto thread.[1] >But I will defend saying it, as well as my right to not say how I know. Maybe I wasn't clear -- I just meant that you should have led with
699.
by SilasX 4y ago
I guess I can't say I'm surprised by yet another confidently wrong claim on your part. This is one of the most high-profile cases of bankruptcy, where very determined creditors are hellbent on pulling out every penny from a very o
700.
by SilasX 4y ago
No. You have a very persistent, easily fixable habit of being confidently wrong. I'm suggesting a way to fight that habit and make your comments useful, even for those cases where you turn out to be wrong. You can benefit from that adv
701.
by SilasX 4y ago
Yes, that is what you should have led with. What's confusing you here?
702.
by SilasX 4y ago
You probably should have led with the basis your belief: that would have made your original comment useful, even if you turned out to be confidently wrong (yet again).
703.
by SilasX 4y ago
Thanks! You're showing a lot more curiosity and honesty than JumpCrisscross. >Doesn’t this just move the counterparty risk away from the exchange and onto another participant in the crypto ecosystem? They have to set the money aside
704.
by SilasX 4y ago
>If you place 1 BTC short with LedgerX LedgerX doesn’t support short-selling or margin trading. If you buy a put (the suggestion I made in my original comment), the counterparty sets aside the cash to honor it. (I think you’re confusing
705.
by SilasX 4y ago
It doesn't matter -- LedgerX doesn't own those Bitcoin or the customer deposits and never did. Even if the business fails (from e.g. being in debt and the fees drying up), customer assets are held separately from their own assets
706.
by SilasX 4y ago
The exchange is not long Bitcoin, and it holds (edit: typo) all trader assets separately from its own, so no, a crash in bitcoin wouldn’t “take out” LedgerX. You’re just making stuff up now.
707.
by SilasX 4y ago
This should really link directly to Landsburg’s post rather a Twitter promotion of it: https://www.thebigquestions.com/2023/04/05/gpt-4-fails-econo... Edit: Also, the post says GPT-4 scored 4/90, a littl
708.
by SilasX 4y ago
Even when buying puts on a regulated exchange like LedgerX, which custodies all the cash that would pay out on the bet?
709.
by SilasX 4y ago
Took me a while to find, but yes, the most notable version of this attack was the $182 million one on Beanstalk, about a year ago, where someone used a flash loan (meaning, access to nearly unlimited money as long as you pay it back in the
710.
by SilasX 4y ago
And note, that's $30k in c. 1983, which is ~$90k today according to www.usinflationcalculator.com.
711.
by SilasX 4y ago
I was confused, since this is kind of old news, but it looks to be news because it's part of a new report, which you can see if you scroll wayyyy up to the beginning of White's twitter thread and the link to the court document fil
712.
by SilasX 4y ago
Sorry, yes, the segmenting out of permissions on a per-picture basis adds security. What I mean is, the additional hassle added, but the way iOS and apps currently do it, is not necessary for that security. There should be an interface dire
713.
by SilasX 4y ago
That was a change that seemed to add inconvenience but no additional security. Now I have to first approve an individual photo, then search the pre-approved photos for the photo I just added (they will be sorted by time). Why can't the
714.
by SilasX 4y ago
Uhhhh doesn't that violate informed consent? "Participate in a study or don't graduate" doesn't feel as consensual as research ethics normally require...
715.
by SilasX 4y ago
Despite the title, it looks like a lot of the focus of the article is on the money flow out of banks and into MMFs, which puts a lot of stress on banks that (like SVB) have too much of their assets in long-term bonds that they want to hol
716.
by SilasX 4y ago
The way I put it is, “Don’t tell me I’m wrong. Instead, improve my understanding to the point that you don’t have to.” (If your correction doesn’t translate into an improved general understanding, then you should reconsider whether it’s act
717.
by SilasX 4y ago
>Like if I say "Write a Limerick about cats eating rats" isn't it just generating words that will come after that context, and correctly guessing that they'll rhyme in a certain way? I guess ... this is what confuses
718.
by SilasX 4y ago
This part stood out to me: >Shaun William Davies, a professor of finance at the University of Colorado who teaches a class about derivative securities, found himself caught up in the confusion after buying puts against Signature that exp
719.
by SilasX 4y ago
I'm imagining that if a tech startup ran a protection racket, this is how they would brand it.
720.
by SilasX 4y ago
To answer what you were probably going to look for in the link: peak was March 2020 (1.19), when Covid got real, bottom was April 2018 (0.067), don't know any particular significance of that month.

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