thesausageking

13 ms·

91.
by thesausageking 4y ago
Ubiquiti lost $4B in market cap based on this one, poorly sourced post Krebs wrote. He then waited 9 months after he knew it was lies to correct and only does it in the most muted, begrudging way possible. This is completely unethical behav
92.
by thesausageking 4y ago
> In the same way that The Pirate Bay was just code, its is how complicit they were in the offence that will get them. Can you explain what you mean by this? To me, publishing code that can be used to do something is very different from
93.
by thesausageking 4y ago
Do you own the rights to all of these decks? How does the licensing work?
94.
Leadership and Productivity: A Study of U.S. Automobile Assembly Plants(pubsonline.informs.org)
1 points by thesausageking 4y ago|0 comments
95.
by thesausageking 4y ago
That doesn't make sense legally and regulators have given their blessing to the approach for Bitcoin I mentioned. I personally think even going after stakers is a bridge too far, but in that case the staker is profiting off of the ille
96.
by thesausageking 4y ago
What? How is that shady? It had 99.98% uptime since launched and 100% since 2013. That’s one of the most reliable software projects ever created in history.
97.
by thesausageking 4y ago
PoS is less proven than PoW and has some edges cases that give many concerns. To say this up front, I own ETH, have worked on dapps on it, and completely supprt the move to PoS. That said, the fact that PoW has been running the longest and
98.
by thesausageking 4y ago
Ever since Fred pumped $Kin, I have a hard time taking anything he says about crypto seriously. Here he seems to be again talking his book, even when the facts don't agree with him.
99.
by thesausageking 4y ago
This is awesome. Can you talk about how was it implemented? Is it actually a port of the postgres code that's been compiled to WASM?
100.
by thesausageking 4y ago
This is misunderstanding how billionaires get their wealth. It's mainly from investments and equity, not income. Share of wealth is a better number to look at. The top 1% now own close to double what they did in 1980: https:/&#x2
101.
by thesausageking 4y ago
To have freedom and privacy, we need due process. If a Gov agency investigating a crime wants information, they can get a warrant. A lot of illegal activities happen over email. That doesn't mean the government can require everyone to
102.
by thesausageking 4y ago
How does he misrepresent himself? The MIT directory lists him as a "Research Scientist"[0] and he has solid set of papers he's published on self-driving cars and AI[1]. This is completely consistent with the way he describes
103.
by thesausageking 4y ago
I haven't seen fury over Proof of Humanity. Maybe you're thinking of Sama's Worldcoin which is trying to scan the eyeballs of everyone on Earth to generate unique Ids? It was met with a lot of criticism over privacy and how i
104.
by thesausageking 4y ago
For people asking about Sybil attacks and how do organizations prevent someone from pretending to be many users, this is still an unsolved problem. One project that's working on it which has gotten a lot of support is Proof of Humanity
105.
by thesausageking 4y ago
It's very, very common for rank and file prop traders to retire in their 30s. Some are ambitious and start their own firm or keep doing it, but many decide $10m/$50m/whatever is enough and leave the industry. They likely got
106.
by thesausageking 4y ago
Her Bitcoin take (which was at $19k at the time) is that "Scarce assets, particularly industrial commodities, are historically cheap... Alternatives like Bitcoin also offer asymmetric outcomes even with small allocations." She&#x2
107.
by thesausageking 4y ago
This article by Lyn Alden is the best on the dollar as the US Currency Reserve I've read: https://www.lynalden.com/fraying-petrodollar-system/
108.
by thesausageking 4y ago
a16z is an odd fund. They've made a ton of money in crypto investing in projects, pumping them, and then dumping on retail. Most crypto insiders view them as completely toxic and won't touch projects they've backed. But a16z
109.
by thesausageking 4y ago
When Roe V Wade was overturned, there was a lot of talk encouraging women to remove period tracking apps in case the data could be used against them in the future. But the easiest way to track women is to simply watch financial transactions
110.
We must protect our ability to transact privately online (2019)(coincenter.org)
111 points by thesausageking 4y ago|86 comments
111.
by thesausageking 4y ago
Crypto or not, when a large, heavily leveraged hedge fund implodes, it's really complex to unwind. It was the same when Bill Hwang's Archegos Capital failed last year: https://en.wikipedia.org/wiki/Archegos_Ca
112.
by thesausageking 4y ago
> Car financing is a good way to build credit before buying a home. I've heard people say this, but it's never made sense to me and sounds like something the loan industry has convinced people of just to sell more loans. Is it
113.
by thesausageking 4y ago
The most perfect example of this was when Marissa Meyer took over as CEO of Yahoo and "rolled up her sleeves" and worked with a few designers over a weekend to create a new Yahoo logo. It turned out the new logo was the old one, w
114.
by thesausageking 4y ago
Note that Josh has been a huge Tesla (and Musk) critic for years, starting as far back as this 2010 tweet: https://twitter.com/wolfejosh/status/19430106783023104 He's called Tesla a "fraud" and that
115.
by thesausageking 4y ago
I'm not sure why you view Argentina as a "better model". They're in the middle of (another) currency crisis right now which is causing their economy to collapse and social unrest: https://www.wsj.com/arti
116.
by thesausageking 4y ago
El Salvador is a USD-based economy and does not have their own currency. This means they're at the whims of the US Federal Reserve, which they have representation with. And any USD reserves that are abroad can be seized by the US, as A
117.
by thesausageking 4y ago
A great lawyer can also cause the other side to spend a ton of money responding discovery requests and motions. In fact, a common strategy is to get the other side's legal bill to be so high they eventually give up. I've seen this
118.
by thesausageking 4y ago
Every VC blogpost is done for marketing. They sell a commodity product (money) so, just like Coke or Tide detergent, they need to differentiate based on brand.
119.
by thesausageking 4y ago
It's interesting to read Chris Dixon on Hackernews. In the Bitcoin world, he and a16z are regarded as so toxic that another investor was recently cancelled for just co-investing with them. After Filecoin, ICP, BitClout, Basis, ... and
120.
by thesausageking 4y ago
You were responding to a claim that there have never been other cases of sustained momentum of speculation. The price spike for Tulipmania took place over about 18 months. Bitcoin launched 13 years ago and was first above $1k in 2017. They&

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