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evdubs
searching PlanetScale…
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121.
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evdubs
3y ago
A Lisp response to this might be: tables and trees are just special forms of lists. You can work with tables, trees, maps, vectors, etc. and if they can support list operations (filter, map, reduce, first, last, etc.) then they can be treat
122.
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evdubs
3y ago
> Lisp programmers tend to think that every problem is best solved by layering abstractions. Nah, when I write Lisp programs, I have more of an appreciation for appropriate abstractions, not needless abstractions. > A elegant lisp exp
123.
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evdubs
3y ago
Embedded in this response is a consideration for how programming languages handle data. In Java, if you have a config file, does that file use Java syntax? No. What is that Java file written in? Likely XML. Can you write XML literals in Jav
124.
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evdubs
4y ago
It works for me. Do you have an article or something discussing the Tesla limitations?
125.
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evdubs
4y ago
The NYAG requires Tether to produce these reports. The NYAG would have already stepped in if these reports weren't to be believed.
126.
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evdubs
4y ago
And? Having an income statement or a cash flow statement is not what Tether critics claim to want. The attestation report is basically a balance sheet for Tether showing their assets (cash, cash equivalents, etc.) and liabilities (outstandi
127.
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evdubs
4y ago
Tether's attestation reports are a form of proof that show they indeed are 1-1 backed by the value of outstanding USDt tokens at par. [1]. Paxos publishes the same for BUSD on ETH. [2] Paxos has redeemed $10B of BUSD (> 50%) in an o
128.
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evdubs
4y ago
Yea. Tether should reach $80B in market cap sometime this week. Exciting!
129.
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evdubs
4y ago
They already went after iFinex. Tether and Bitfinex were fined by the CFTC in 2021 [1]. Bitfinex was also fined by the CFTC in 2016 and shortly after cut off US persons from the platform [2]. Don't you think they would have already cau
130.
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evdubs
4y ago
5% chance the copyright industry will sue AI companies for verbatim reproduction of copyrighted works. 0.1% chance the Feds get involved and sue AI companies for criminal copyright infringement.
131.
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evdubs
4y ago
When you download a couple epubs from a torrent site, you're an evil pirate stealing books. When you're a FAANG-affiliated AI company and you download all the ebooks and charge for the derivative works your algorithm produces, you
132.
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evdubs
4y ago
This was a chance for you to play roulette as the house. Sucks to miss it.
133.
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evdubs
4y ago
So buy USDC (with an amount you're comfortable with losing) until the price is above $0.97 and then sell.
134.
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evdubs
4y ago
This is likely an overreaction to trade down 10%
135.
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evdubs
4y ago
2%
136.
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evdubs
4y ago
This is a USDC buying opportunity.
137.
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evdubs
4y ago
From https://www.forbes.com/sites/davidjeans/2023/02/10/tether-re... > Billions Of Tether’s Reserves Were Stored At Cantor Fitzgerald, Capital Union And Ansbacher So, the big player in the Treasu
138.
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evdubs
4y ago
Even researchers at the Fed agree > The case against patents can be summarized briefly: there is no empirical evidence that they serve to increase innovation and productivity. There is strong evidence, instead, that patents have many neg
139.
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evdubs
4y ago
It doesn't have to $ racket Welcome to Racket > (read-decimal-as-inexact #f) > (+ 0.1 0.2) 3/10 Lovely.
140.
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evdubs
4y ago
> They almost certainly don’t own treasuries in any meaningful amount. Attestation reports from BDO Italia state that they hold US Treasuries and that this makes up the core of their holdings. https://tether.to/en/tr
141.
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evdubs
4y ago
You can withdraw your money from Bitfinex. Crypto, USD, whatever is shown in their fees section. https://www.bitfinex.com/fees/#withdrawal-table
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evdubs
4y ago
That's not as concerning as a bank that lent money to FTX, though, right? If you take a loan from someone that goes bankrupt, you pay them back through whatever process is established by the bankruptcy court. If you loan money to someo
143.
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evdubs
4y ago
https://coinmarketcap.com/currencies/tether/ / Market Cap / 1Y Shows a decline in market cap from $83B in May 2022 to $66B in July 2022. That represents $17B in redemptions over a few months. That repres
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evdubs
4y ago
Having Bitfinex convert it for you would mean that you deposit the USDt to Bitfinex and exchange it for 1 USD. Having Tether convert it for you would mean you have an account with Tether and redeem your USDt. Are you saying you can't r
145.
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evdubs
4y ago
They work with Deltec Bank. https://tether.to/en/tether-banking-relationship-announced/ From https://www.deltecbank.com/2022/09/01/the-history-of-stablec... > Tether > Launche
146.
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evdubs
4y ago
Jibe* https://www.merriam-webster.com/dictionary/jibe
147.
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evdubs
4y ago
They claim and BDO Italia attests that these are the assets they hold. USDC likewise posts attestation reports, so we "know" Tether's assets as well as we do USDC's.
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evdubs
4y ago
Banks have short term liabilities (customer deposits and certificates of deposit) and long term assets (business loans, mortgage loans, etc.). A bank cannot call its business and mortgage loans from the borrower, so the maturity mismatch ca
149.
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evdubs
4y ago
The latest report [1] shows < 0.1% assets held in commercial paper. They didn't disclose individual issuers, but they've previously disclosed the credit ratings for the commercial paper and most were A-2, A-1, and A-1+ (equival
150.
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evdubs
4y ago
Do you think they call this service their "Secret Scanta"?
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