lxgr

25 ms·

571.
by lxgr 6mo ago
Including the cardboard boxes: https://taskandpurpose.com/news/marines-ai-paul-scharre/
572.
by lxgr 6mo ago
My point is that this recent popularity of gambling is largely a result of the explicit decision by legislators in many US states to legalize online gambling. I don’t think crypto factored in that much.
573.
by lxgr 6mo ago
Ah, I didn't consider that even Brooklyn itself wasn't always a single city. That makes sense, thank you!
574.
by lxgr 6mo ago
> The Internet has broken down that structure such that there are no limitations and, like it or not, that's really harmful. Widespread access to sports betting and crypto gambling [...] Your analysis disregards the evidence of seve
575.
by lxgr 6mo ago
Berlin has the same issue. I believe it’s pretty common for cities that used to be several independent municipalities that were merged relatively recently, or at least where street names were already too established to make renaming for uni
576.
by lxgr 6mo ago
I’ve always wondered if some of the downtown Manhattan/downtown Brooklyn streets were continued continuations of one and the same street, maybe connected by ferries in earlier days, or just references to the same namesake (or possibly
577.
by lxgr 6mo ago
> It's also not that hard to get two debit cards. But then you need to have money in the other checking account too. Still, completely agree with your larger point. It's a big hassle having to switch cards, and the status quo (
578.
by lxgr 6mo ago
Wow, c) never occured to me but makes total sense. b) can probably explain this happening for EU merchants, but I've also seen this in Japan and Central America, and I think even before PSD2 in the EU. That's what I love about the
579.
by lxgr 6mo ago
One problem is that the UX is largely defined by the issuer. 3DS (on the web) is literally an issuer-rendered iframe.
580.
by lxgr 6mo ago
> If it looks like it's going to take them much time or effort to deal with it they're liable to just throw up their hands and let you duke it out in small claims court. In the US, couldn't you just make it their problem b
581.
by lxgr 6mo ago
What do you mean by "compromised end to end"? A compromise implies that something isn't working as originally designed. Credit and debit cards (except for 3DS and EMV) are working exactly as designed; the design just isn&#x27
582.
by lxgr 6mo ago
Arguably it's even more ironic how credit card applications work in the US: Based on yet another, even shorter number used as both an identifier and a bearer token, and that one you can't even change ever...
583.
by lxgr 6mo ago
Between 3DS for online payments and EMV for POS payments (both launched in the 1990s), payment cards could be plenty secure – if the industry were to decide to mandate them for every payment. The fact that it hasn't is an interesting
584.
by lxgr 6mo ago
A large fraction, yes, but I believe in absolute numbers, US issuers still retain much more interchange than European ones. The numbers are even public: https://usa.visa.com/content/dam/VCOM/download/merc
585.
by lxgr 6mo ago
> No part of my life has been harder for not having revolving credit. Maybe not harder, but one undeniable downside is that you've been paying roughly 2% more for roughly every purchase you've ever made (other than rent or mort
586.
by lxgr 6mo ago
In fact, all US banks should be doing this, or they'd be in violation of Regulation E.
587.
by lxgr 6mo ago
Having multiple credit cards in the US is quite common, since there's no practical downside (unlike having multiple checking accounts, which locks up liquidity at usually no interest payment) and it can even be beneficial for your cred
588.
by lxgr 6mo ago
Why should they, if they're not liable for any resulting fraud of the status quo?
589.
by lxgr 6mo ago
Capital One also offers it for their credit cards, which makes them the only ones usable in countries where requiring 3DS is common. (No idea why this is a thing actually – merchants get the fraud chargeback liability shift as soon as the
590.
by lxgr 6mo ago
This theory explains why cardholders in the US are still using cards despite these being relatively less secure than in other countries, but fails to explain why issuing banks wouldn't take steps to protect their own fraud losses, such
591.
by lxgr 6mo ago
> I don’t get it, do US citizens prefer being defrauded over what is perceived as a slight inconvenience? The general idea is that if the conversion rate drop of a given security mechanism is higher than the average fraud rate, it doesn&
592.
by lxgr 6mo ago
> The bank ate the loss for the fraud Quite often, the merchant is unfortunately the one eating the fraud, which is creating a bit of a principal-agent problem (in that the issuing bank earns interchange on every transaction, so if they
593.
by lxgr 6mo ago
> if you do they just claw it back from the merchant and it's not their problem. This is true for non-3DS online payments, but not for in-person payments or when using 3DS online. In those cases, the issuer is usually liable.
594.
by lxgr 6mo ago
Only digital wallets, or also any merchant that saved the card using a token? The latter is getting more and more common, but usually happens transparently to the cardholder. Theoretically, it would allow a pretty neat feature of being able
595.
by lxgr 6mo ago
Wallets usually don't store the card information directly anyway, but only a token, which can be re-associated with new underlying card details when the card is replaced. The token itself does also have an expiry date (it's a mand
596.
by lxgr 6mo ago
Ideally, the issuer is able to investigate what type of fraud exactly happened on the card, and in case of a suspected compromised card number they can choose to simply not perform account updates or carry over tokens to the new card. Pract
597.
by lxgr 6mo ago
What makes AI use "illegitimate", and any food use automatically "legitimate"? People have all kinds of needs in addition to those for food and water.
598.
by lxgr 6mo ago
If only we could do water-intensive activities in areas where water is abundant and then ship the resulting products to where they are needed... In a far science fiction future, I could e.g. imagine connecting LLM inference data centers to
599.
by lxgr 6mo ago
Yes, and now please cut the non-essential philosophical discussion, the server hosting this site doesn't run on thought experiments alone either. This comment could have been someone's hamburger!
600.
by lxgr 6mo ago
It seems strange to draw the line at car washes. But why stop there, and why exclude all food equally? Does somebody living a vegan lifestyle (which typically needs vastly less resources, including water, per calorie of food produced) get t

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