dzink

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391.
by dzink 4y ago
This is the third USDC partner bank to close this week, they only have 4 others left. High interest rates have weakened regular bank liquidity and the swings of stablecoin runs are toppling them like dominoes. It is clear as day now that Cr
392.
by dzink 4y ago
SVB was too. This is a crypto driven collapse of banks.
393.
by dzink 4y ago
This is the third USDC partner bank to close this week, they only have 4 others left. High interest rates have weakened regular bank liquidity and the swings of stablecoin runs are toppling them like dominoes. It is clear as day now that Cr
394.
by dzink 4y ago
So 3 out of 7 Circle USDC bank partners failed in a week. https://www.coindesk.com/markets/2023/03/10/scrutiny-falls-o...
395.
by dzink 4y ago
The full list of banks that held cash for Circle’s USDC are Bank of New York Mellon, Citizens Trust Bank, Customers Bank, New York Community Bank (a division of Flagstar Bank, N.A.), Signature Bank, Silicon Valley Bank and Silvergate Bank.
396.
by dzink 4y ago
In the Circle press announcement they shared that last week, prior to the collapse, they moved several billion into BNY Mellon, and 3.3 remained at SVB. They didn’t say if they removed them FROM SVB to put them into BNY but they didn’t say
397.
by dzink 4y ago
Panic is contagious. The real risk to any bank these days seems to be a Crypto affiliation. Fatal Bank runs happen if you have a group of people who talk to each other and have a large % of holdings in the bank (so sudden pull of those hold
398.
by dzink 4y ago
Circle moved assets out of somewhere and into BNY Mellon last week. Where is that somewhere (Was it SVB, since 3.3Bn “remain” in SVB?). When did they move money out of SVB and how much? Did Circle and USDC trigger the sudden liquidity gap i
399.
Ask HN: That happens to T-Bills when the Goverment locks up over debt ceiling?
48 points by dzink 4y ago|76 comments
400.
by dzink 4y ago
We’ve been using Go in production for 7 years, and benchmarking every architectural choice.
401.
by dzink 4y ago
Nice work. Here is some feedback: 1. Go has a major bottleneck and that’s the growth of its memory size when it’s under pressure. Templates bloat the memory quickly and make the site less performant at scale (aka if you put it on Heroku, yo
402.
by dzink 4y ago
The pain point your problem is solving is not big enough. It’s a vitamin. If there was a problem with their painkiller or they didn’t have alternatives they would be hammering on your door. (note, I have no idea what your product or company
403.
by dzink 4y ago
One way to mitigate this as a solo developer is to step away from the code for a while and forget about the structure. You become the facepalming teammate at that point and start doing a better job of documenting and organizing your code fo
404.
by dzink 4y ago
Please, fix the text color - it’s so light it’s unreadable on a phone screen without major fidgeting.
405.
by dzink 4y ago
Why recommend lock-in vendors when there are better options in between? There was no mention of Heroku which is easy and scalable. Hugo is wonderful, until a deployment bug or misconfiguration exposes all of your server settings in a page t
406.
by dzink 4y ago
The big question is would you want to know of you have Alzheimer’s early at this point? Is there reliable treatment or cure? Those would be easier to develop if a reliable test is invented, but without them, would an adult likely only gain
407.
by dzink 4y ago
Yes it works, but the part they don’t mention is that the treatment is black as black gets. You have to be very careful about where it goes, or it can affect the self-confidence or the kids, and possibly exacerbate bullying.
408.
by dzink 4y ago
I wonder if all of these layoffs have to do with this tax change: https://beenegarter.com/rd-expense-capitalization-remains-ap... Software engineering as an R&D expense can no longer be used in the same year, or has to
409.
by dzink 4y ago
Yes, I do, because as a software engineer my whole life I wanted to know how to actually capture the gains my code generates. Best way to recognize patterns and learn: read the annual statements of public companies in different industries i
410.
by dzink 4y ago
This is where an MBA helps, or a really good article like this one: https://commoncog.com/cash-flow-games/ TLDR: If you have predictable money coming on because you are so necessary to society (like a utility), instead
411.
by dzink 4y ago
From the beginning of using Stable Diffusion in local and cloud instances, I’ve been promoting SD to generate objects I know nobody has ever drawn before. “Airplane by Tesla”, “Taylor Swift flying in the clouds”, “Little girl riding on an i
412.
by dzink 4y ago
I took the Coastal Starlight SF-LA train this winter with young kids and family and it was an a very nice upgrade to the usual car drive (keeping the littlest one strapped in a car seat for 7 hrs would have been miserable). The views, the c
413.
by dzink 4y ago
Dividend paying stocks are from cash cow companies that attract investors not with growth but with a dividend. Many of them are heavily leveraged to take advantage of tax reduction from the payment of debt with their predictable cash. Howev
414.
by dzink 4y ago
The innovation is spectacular, BUT, there needs to be a signal/low pitch sound that denotes this is generated audio in every single generated sample (likely legally enforced), or your grandma and kids will soon be getting legitimate so
415.
by dzink 4y ago
You can beat product quality of well funded big teams with an experienced small team. Most that successfully do so don’t brag about it. Only reason to pay for PR is if you are trying to attract a lot of talent or pretend you will dominate
416.
by dzink 4y ago
World War II was a much bigger reason and a cause for this. There is a problem with correlation vs causation in the article’s logic. I’d argue the unions were a bi-product of a historically rare moment in time vs cause of equality. The mark
417.
by dzink 4y ago
This is a quote from the article it it wasn’t actually quoted. The last sentence mentions Trump and it is likely triggering to his supporters who would immediately scratch off the entire contents as propaganda against him.
418.
by dzink 4y ago
The last sentence of the article mentions Trump and it is likely triggering to some of his supporters. Neo-liberal is a term frequently used in that circle.
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by dzink 4y ago
Another ad we got unsolicited from Microsoftadvertising.com to our support email. Microsoft Advertising 719 MILLION DESKTOP SEARCHERS Get ready to meet them. When you know your audience, you can learn how to reach them. Let's take a cl
420.
by dzink 4y ago
This is in the email that microsoftadvertising.com is sending unsolicited to the support email account of one of my sites: “Microsoft Advertising 88 MILLION new desktop searchers joined last year Search is at the center of online shopping 8

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