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nrmitchi
searching PlanetScale…
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271.
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by
nrmitchi
4y ago
So I guess the standard "you should have read the terms and conditions before you signed the form" only applies in one direction eh?
272.
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nrmitchi
4y ago
This is also a common theme in a lot of "Platform Engineering" style roles (but not all of them, because it's an overloaded term). The output of your actual code is systems to empower others, and paving the "clean path&q
273.
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nrmitchi
4y ago
Kind of beside the point, because pedantry about semantics with respect to "what kind of scam/fraud/etc was it that lost $42M of user's funds" leads directly to flamewar-style threads, which is what can reasonable c
274.
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nrmitchi
4y ago
> anti-flamewar This is a story about a company 1) in the crypto space, that 2) lost all of it's users money, and 3) used misleading disclaimers (and potentially trying to change them after the fact) It has already devolved in multi
275.
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nrmitchi
4y ago
If you were doing this though (using funds to mint other tokens to sell), the principle was clearly not in USD, so there was still a risk of the bottom falling out on whatever you were holding funds in. You also can't really add "
276.
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nrmitchi
4y ago
I feel like “safe” needs a giant asterisk applied to it in this sentence. Just because something didn’t explode previously, doesn’t mean it was safe until now.
277.
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nrmitchi
4y ago
“Forfeiting” shares in a company that has raised a couple million and funding and lost $42M in user funds seems like a bit of an empty gesture from YC
278.
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nrmitchi
4y ago
If you’re taking this from their Twitter thread after this whole situation happened, that is definitely not the same thing as an upfront risk factor when collecting investments from people.
279.
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nrmitchi
4y ago
Tbh they very well may have. Didn’t think same kind of shit happen in the BTC crazy circa 2017?
280.
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nrmitchi
4y ago
> an immediate retry would've ended up going over the same socket and getting the same response This is kind of a big assumption you're making. If you're going to do retries when a backend is unavailable, explicitly doing
281.
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nrmitchi
4y ago
It could be , but in this instance it was not. It was an internal application that Gitlab had control over making an internal idempotent request. The underlying root cause should be identified so that this same issue can be corrected when
282.
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nrmitchi
4y ago
For what it's worth, the camera itself functions just fine without the additional software (which currently still has its quarks). I'm sure you could replicate at least most of the software functionality with OBS if you really wan
283.
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nrmitchi
4y ago
Because it is most definitely not enough for what I want.
284.
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nrmitchi
4y ago
So, just to be clear, this is a 20% increase on the lowest tier, and a smaller increase on the more expensive options. I can't see how this change doesn't push their small (hobby) users away entirely. It sounds crazy, but this may
285.
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nrmitchi
4y ago
The biggest issue with any "study" like this is the definitions. What is a "bot"? What counts as "inactive"? What about "bots" that aren't "bad bots"? For example, a news organization t
286.
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nrmitchi
4y ago
I mean, he apparently sold $1.5M worth of Twitter stock last week, and is estimated to hold (based on some super basic internet research) ~500k more shares, which is ~$25M in stock[0]. I think he'll be able to weather the financial imp
287.
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nrmitchi
4y ago
Pretty sure ethereum pos is going to show up around the same time tesla's FSD does. Ie, "next year", every year.
288.
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nrmitchi
4y ago
> it was a personalized quote. "personalized quote" implies that the owner here took the time to look into the prospective buyer, and determine an amount that was based on that buyer. It is not in any way, shape, or form reason
289.
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nrmitchi
4y ago
So your argument here is actually that wormhole.com should be worth way more to Jump than to any other generic buyer, since they have already built up a product around the name of a domain they didn't control.
290.
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nrmitchi
4y ago
So when a house is listed for sale for an asking price, does that mean the seller is obligated to sell for only that amount? The seller came up with that price tag in the first place.
291.
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nrmitchi
4y ago
On many occasions it’s been upheld that an advertisement is not an offer in a contract. A store cannot be sued over not delivering on an advertisement. There is a huge difference between buying a sandwich, and a claimed 5-figure deal. No o
292.
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nrmitchi
4y ago
No. That’s why contracts exist. If an email with a number in it was a binding offer, then what is a contract for? Edit: I see that you edited in an additional paragraph at the end of your comment after my initial reply. If you’re editing a
293.
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nrmitchi
4y ago
Well if that’s the case, I’d like to buy your house for $50k. That seems like ample compensation for you just changing your address and you should take it. The point here is: - someone with knowledge of something’s value tried to by somethi
294.
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nrmitchi
4y ago
The issue isn’t that the buyer is a criminal, but that the source of funds is from (typically organized) criminal activity.
295.
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nrmitchi
4y ago
I'm not sure if you're reading the whole thread here. > well over 25% of the business income can be attributed to a Californian workforce The argument is that the company in question had 0 total revenue. If you want to attribut
296.
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nrmitchi
4y ago
Bolts “network” page, which lets you search/shop across all their “network” only has 249 “customers” on it, many of which are absolutely tiny websites selling very niche products with 0 reviews. I’m not sure 249 counts as “many, many”
297.
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nrmitchi
4y ago
I’m not saying that this is “why that happened”, but if you were running a payments company that was maybe a little bit fishy, would you really want to hire someone with in depth payment gateway experience who would know what to call bullsh
298.
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nrmitchi
4y ago
According to their "shopping network" they have 249 merchants in their network. Note that this is their "shopping" page, so it doesn't make sense for them to hide customers. Their ARR is reportedly $40M. This gives
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nrmitchi
4y ago
So, something funny. I just spent way to long going through a random sample of merchants that they claim are in their "network" to try to see this thing in action. Not a single one had a 1-click checkout button on their product pa
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nrmitchi
4y ago
Half of Bolt's thing is "our existing network of customers will be able to buy stuff on your site easier". They can only build a network of customers by having a network of merchants dumping customers into their system. The a
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