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riskneutral
searching PlanetScale…
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17 ms
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31.
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by
riskneutral
4y ago
> You can sell USDC for dollars at other exchanges, no need to go through BTC/ETC/whatever. For example Gemini has a USD/USDC pair. It won't be pegged to a dollar, like if you redeem through circle but getting $.99+ o
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riskneutral
4y ago
And now we know where the next bank run after SVB is going to happen. It isn't going happen at a traditional bank, because the Fed/FDIC/US Treasury have that covered now. There's going to be a run on crypto stablecoins.
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riskneutral
4y ago
The more important question of disclosure has to do with the so-called "held-to-maturity" book, which I want to start affectionally referring to as the "held-to-mortality" book, or the "head-in-the-sand" book.
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riskneutral
4y ago
> the moral hazard The moral hazard in this case is that depositors will feel safer putting all their deposits into a single high-risk bank where they can earn higher interest on deposits, since the implicit insurance is effectively much
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riskneutral
4y ago
Do you have any information about how much higher this return was? In any case, this is a failure of government regulation. If the FAA started allowing cheaper flights on aircraft that had less stringent maintenance standards but let passen
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riskneutral
4y ago
This is really more of an embarrassment for the banking industry and bank regulators. The immediate threat is also to the banking system itself, as the question on everyone's mind is which bank will have a run on it next. That is defin
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riskneutral
4y ago
> which is why insurance companies generally don't insure against earthquakes. The gov't doesn't need to come and nanny the company to tell them not to do something. I'm not sure where you're getting this informa
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riskneutral
4y ago
> In retrospect, it seems pretty bad to bank somewhere that is tied to one industry for precisely the reason that when the industry starts facing trouble, the money disappears, and doubly so for our risky industry It's baffling that
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riskneutral
4y ago
That's funny
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riskneutral
4y ago
Those were the comments it hallucinated. You forgot to include the best part, the accompanying code that it wrote: # Add new skills and adaptations to our lineage def terraforming(): print("I can modify the atmosphere
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riskneutral
4y ago
Dedicated instances (and high price tags, like $1.5 million per year) are necessary for large corporations to feel safe about sending their proprietary/private data to OpenAI, and to have performance/availablity SLAs in place if&#
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riskneutral
4y ago
There are a lot of great things about both the MSVC and LLVM C++ compilers and the world is a better place because there are multiple, actively maintained and highly capable compilers for C++.
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riskneutral
4y ago
This is a different situation, the car can drive itself (supposedly). If the car could drive itself perfectly, then it would make 100% sense for the manufacturer assume liability for autopilot driver accidents under its own insurance. Event
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riskneutral
4y ago
The vacant office spaces will be converted to data centers. What was once a sea of beige cubicles and coffee stained grey carpet, and human occupants, will be replaced with racks of glimmering LEDs and GPUs running AI models that will have
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riskneutral
4y ago
It would be good to implement an initial command phrase to begin dictating, like "Hey Alexa," "OK Google," or in this case e.g. "Hey GPT" Also, I feel like it sends the text to ChatGPT too quickly, for me at le
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riskneutral
4y ago
This is great, thanks!!!
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riskneutral
4y ago
How does this work, given there is no ChatGPT API yet?
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riskneutral
4y ago
Cordyceps fungi
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riskneutral
4y ago
There is a great deal of uncertainty in the current economic environment. There was a pandemic, permanent shifts in the ways people live/work/travel, massive geopolitical events involving multiple, full spectrum global superpower
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riskneutral
4y ago
The recent layoffs are part of a business cycle that we're currently going through. Sooner or later the pendulum will swing the other way and tech companies will be hiring for high growth rate again. I guess this is the first experienc
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riskneutral
4y ago
Litquidity
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riskneutral
4y ago
I just tried to use this feature on Bing. The first link prominently at the top with a text blurb was something called "answer-all.com" ... It indeed had a good answer to my question, but when I clicked the link it looked like a s
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riskneutral
4y ago
I think it's because the antennas are different.
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riskneutral
4y ago
Good advice. Sports are also good.
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riskneutral
4y ago
> A hn populated by chatgpt bots would be close to valueless, even if they produced output indistinguishable from the median commentor. Instead of median, what if the produced output is indistinguishable from the 99th percentile commento
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riskneutral
4y ago
A framework framework?
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riskneutral
4y ago
> Davos is private gathering with politicians..media..celebrities ... jason calacanis said on all in podcast how they offer him a seat at table for $25k or $40k some number like that in early 2000s. They're modern day "philosop
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riskneutral
4y ago
So what you're saying is, they should have laid off Sting too.
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riskneutral
4y ago
Being the steward of $200 billion is an enormous responsibility. Just because you're sitting on a pile of cash does not mean that you can do stupid things with it and not face immediate consequences by your employers (the shareholders)
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riskneutral
4y ago
So it didn't do much for you. I know many people who report similar experiences. Like OP, for me personally it has profound effects on me and helps me improve and maintain my mental health. Everyone is different.
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