marcell

16 ms·

121.
by marcell 4y ago
ChatGPT is similar to a calculator. We don't let 3rd graders use calculators on their arithmetic homework, even though there's no way to detect if they used one. The point of a 3rd grader adding fractions is not because we care ab
122.
by marcell 4y ago
What’s actually surprising is that even in a highbrow forum like HN people don’t understand basics of the US legal system, for example: innocent until proven guilty.
123.
by marcell 4y ago
I'm surprised no one in this thread has pointed out the dystopian future this leads to. Extend out the trendline, and you have everyone writing to each other with ChatGPT enhancement. It is the fallacy of composition applied to semi-pr
124.
by marcell 4y ago
> I'm not sure why you're mandating across two stock exchanges? If you want to swap two assets in a single transaction, there is a very mature market for this. This has more to do with CPAMM vs. CLOB than it does anything else.
125.
by marcell 4y ago
Blockchain skeptics are all defending the tech of the current financial system, and implicitly arguing it can’t be improved. They are wrong. The tech underlying the current system is really bad. For example: (1) How can I perform an atomic
126.
by marcell 4y ago
10x engineers definitely exist. There are 10x basketball players, 10x boxers, 10x guitarists. Why would there not be 10x programmers? Further, if programming skill follows a normal distribution, the 10x programmer bucket is under 1% of the
127.
by marcell 4y ago
I don't need a reason to do it or not, it is legal under the law. Tornado Cash has legal uses under the law (like the one I described above), because it can be used to conceal the origins of legally obtained money. See the legal defini
128.
by marcell 4y ago
It's only money laundering if you are concealing the origins of money from an illegal activity. I can use Torando Cash to conceal the origins of my paycheck, for example to preserve my privacy when transacting with peers.
129.
This blog post is Tornado.cash, a national security threat(ortutay.substack.com)
3 points by marcell 4y ago|0 comments
130.
by marcell 4y ago
Contract is accessible via generic tools like Etherscan, eg.: https://etherscan.io/address/0x722122df12d4e14e13ac3b6895a86...
131.
by marcell 4y ago
Move in Unix is atomic, which handles a lot of the common use cases for a transactional file system.
132.
Intuition and math behind DeFi AMM curves(ortutay.substack.com)
2 points by marcell 4y ago|0 comments
133.
by marcell 4y ago
Done
134.
by marcell 4y ago
Author's premise is wrong. Once growth ends, the pie isn't growing. Pie not growing means the focus becomes dividing the pie. Dividing the pie means endless infighting, politics, and anger in a society. This may work in certain so
135.
The TradFi Incumbent Advantage(ortutay.substack.com)
1 points by marcell 4y ago|0 comments
136.
by marcell 4y ago
That’s an often stated truism that is false. You could have a situation where Tether is 80% capitalized, in which case one USDT is worth $0.80. Or a situation where they have money locked in Treasury bonds for 1 year. In that case, the valu
137.
by marcell 4y ago
https://tether.to/en/transparency/#reports They claim 85% cash/cash equivalents, 15% less liquid assets. Cash equivalents is broken down also, 55% is Treasury bonds.
138.
by marcell 4y ago
Tether's market cap dropping without a price drop is indication that they are liquid and able to handle (to date) almost $20 billion in withdrawal over a 1 month period. That is impressive and a sign of their robustness. They are passi
139.
Web3 is 10x better, 10x worse(ortutay.substack.com)
1 points by marcell 4y ago|0 comments
140.
The computer science case for Web3(ortutay.substack.com)
2 points by marcell 4y ago|3 comments
141.
Misplaced Crypto Schadenfreude(ortutay.substack.com)
25 points by marcell 4y ago|49 comments
142.
by marcell 4y ago
You can view their BTC collateralized vault here: https://oasis.app/owner/0x87a67e7dc32fdc79853d780c6f516312b4... Their liquidation price is currently $13,604 USD/BTC. The liquidation is controlled by a protocol a
143.
by marcell 5y ago
I’m confused. There’s a place to self report your grades, but they don’t want your transcript. Do they verify the self reported grades?
144.
by marcell 5y ago
Is labor cost a significant obstacle to building solar farms? What % of initial capital goes to labor?
145.
by marcell 5y ago
> I am a US citizen, and sometimes I am really ashamed of my country Is there any country in history with comparable economic and military power to the US that has a "cleaner" record in terms of "bad stuff"? I'm
146.
by marcell 5y ago
Putin launched a war against Ukraine in order to conquer it the traditional sense, ie to replace the existing government with his own government. The long term goal is for Russia to control this country's government. The wars started b
147.
by marcell 5y ago
See another reply above mine: transactions never got reversed on blockchain. Outside chain activities, like seizing private keys, are fundamentally different in bitcoin.
148.
by marcell 5y ago
The author posted a full throated and mocking anti-bitcoin article in 2014 [1] when the bitcoin price was $300. Since then, bitcoin has thrived, and so has cryptocurrency in general. BTC is up 100x since Peter posted his original article. A
149.
by marcell 5y ago
The article and headline asserts that economists view robots and automation as a threat to jobs. They don’t. The conventional wisdom from most economists (defined as professors of Econ at major Universities) is the opposite, that automation
150.
by marcell 5y ago
Mackenzie Scott didn’t earn her fortune, so it’s not really comprable to those who did. She is giving away a windfall.

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