jgilias

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241.
by jgilias 2y ago
The people of Belarus put this to test not that long ago. Massive numbers of people came out, factories went on strike, even people from the military and police spoke out against the regime. Turned out that in this day and age when the gove
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by jgilias 2y ago
I assume people found it refreshing that for one there’s an animated picture that doesn’t just pour down your throat the same story rehashed for the 1000-th time, and spelled out by a committee to ensure it’s “easy to understand”.
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by jgilias 2y ago
Sorry, yeah, I misunderstood what you meant! Splitting funds more would’ve been a good idea. And being paranoid about _any_ transaction touching the “big-pot” wallet too!
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by jgilias 2y ago
Separate keys for what? They believed they were signing a routine transaction. That’s the whole idea of the hack. Splitting funds over 100 wallets would’ve helped. A 100x lower amount would be lost. And/Or having separate hardened devi
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by jgilias 2y ago
I’d be shit scared of a trad-fi institution holding crypto. I doubt they have the operational muscle, instinct, and know-how to properly safeguard it. Unless they partner with someone who does, which is what they’d likely do.
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by jgilias 2y ago
Given that the UI they saw was compromised, they likely believed they were signing some routine 1M rebalancing transaction.
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by jgilias 2y ago
Depends how this plays out. If Bybit collapses due to this, yeah, lots of individual investors. Though history shows (MtGox, FTX) that eventually they’d be made at least partially whole. If Bybit doesn’t collapse (can handle all the on-goin
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by jgilias 2y ago
Your “if government is smarter scenario” is exactly what’s playing out right now.
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by jgilias 2y ago
There is. ZachXBT has already gotten a bounty for unambiguously pinning this on the Lazarus Group (North Korea).
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by jgilias 2y ago
Can’t tell if you’re trolling here or not, but good one either way!
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Simple Sabotage Field Manual (1944) [pdf](cia.gov)
1 points by jgilias 2y ago|0 comments
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by jgilias 2y ago
Even if that advisor hires college kids with known links to The Com? There are reasons behind some processes. Such as getting a security clearance to access sensitive data.
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by jgilias 2y ago
I for one am just excited that a Nostr post has organically made it to HN front page!
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by jgilias 2y ago
If we’re going down that route, here’s an actual definition: serendipity /ˌsɛrənˈdɪpɪti/ noun - the occurrence and development of events by chance in a happy or beneficial way. Seems like parent’s use is Ok.
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by jgilias 2y ago
Me too. It’s one of the big “could’ve been” in my opinion. Though I’m convinced it didn’t reach critical mass purely because of community management issues mentioned in the post. Too many people just threw their hands in the air and diveste
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by jgilias 2y ago
There are other EVs on the market. Much more reliable ones too. I’m actually amazed they’ve managed to pull off being the least reliable used car, given that the “competitors” have a lot more moving parts: https://en.cebia.com&#x
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by jgilias 2y ago
I think Cursor can do this, if you @codebase, isn’t there something similar in copilot? E.g., your codebase being vectorized, indexed, and used as an embedding?
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by jgilias 2y ago
I’m with you. But then, I’m currently doom scrolling on this text-only site that doesn’t even have ads on it.
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by jgilias 2y ago
In this interest rate environment they’re basically printing money.
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by jgilias 2y ago
This is discussed in some other threads here. But basically, if you live in a jurisdiction where it’s easy and safe to get and hold substantial amounts of USD, this is not for you. The reality in many places is that getting your hands on US
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by jgilias 2y ago
They are not holding people’s money. That’s the whole point of it. So most of the banking stuff really wouldn’t apply to them. Now, when it comes to facilitating money transfers, or facilitating forex. Yeah, this they’d need to look into. B
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by jgilias 2y ago
Obviously yes. They just use USDC and USDT, and both of those regularly freeze addresses attributed to OFAC-sanctioned persons and entities.
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by jgilias 2y ago
How does the self-custody part work if all the crypto stuff is abstracted away as much as possible? Will people realize that if they mess something up you won’t be able to help them? What’s the chance of messing it up? Kudos for getting thi
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by jgilias 2y ago
That was quick
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by jgilias 2y ago
I see. You use "money" in a kind of a metaphysical 'total value' sense. That's fine, but very confusing when talking about "money creation", because that term typically means the particular mechanism by wh
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by jgilias 2y ago
Ok, what am I misunderstanding here? If I need financing of 100 pesos for buying a house, and I go to a commercial bank which has a 10% fractional reserve requirement, they'll give me 100 pesos, 90 of which will be newly created broad
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by jgilias 2y ago
Buying an iPhone on credit is not making money out of thin air. Unless you can fractional-reserve create iPhones.
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by jgilias 2y ago
I think it’s that AI unlocks the ability to code something up and test an idea for people who’re technical enough to get it working, but not really developers themselves. It’s not (yet at least) a substitute for a good dev team that knows w
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by jgilias 2y ago
By just making it more expensive. We’re never going to get rid of spam fully, but the higher we can raise the costs, the less spam we get. EDIT: Sorry, I didn’t answer your question directly. So it doesn’t, but makes spam more expensive.
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by jgilias 2y ago
Oh, there are solutions. One is a kind of a socialized trust system. I know that Lyn Alden that I follow on Nostr is actually her not only because she says so, but also because a bunch of other people follow her too. There are bot accounts

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