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Markoff

3,192 karma · joined December 31, 2016

I'm not Russian, don't even speak Russian, just liked John Markoff in 90s.
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Markoff··on Deutsche Bank becomes first foreign yuan clearing bank in Europe
tell that to my wife - native Chinese speaker - unable to find job in Europe, what you say may work for someone speaking perfectly local language (other than English), but not for just English/Chinese combo without 3rd language

just language itself isn't enough

Markoff··on Deutsche Bank becomes first foreign yuan clearing bank in Europe
Is quid really used in UK by 80-90% people? I thought it's very informal slang word (of some lower educated people), in China most of the people just use kuai (well I guess not bank tellers).
Markoff··on Deutsche Bank becomes first foreign yuan clearing bank in Europe
related:

"It's hard to argue that the yuan isn't undervalued. As the International Monetary Fund noted in its country report published in February, China's external position "is assessed to be stronger than the level implied by medium-term fundamentals and desirable policies." The yuan has nonetheless fallen in real terms due to China's low inflation.

Indeed, the renminbi has depreciated in real terms four years in a row, registering a cumulative 14% decline since 2021, according to IMF economists. They estimate China's real effective exchange rate could potentially be up to 20% undervalued.

China watchers Brad Setser and Mark Sobel, both former U.S. Treasury officials, go further and say the yuan is probably undervalued by as much as 30%. Setser has long argued that China's official balance of payments data understates the country's real surplus and that customs data is the more accurate barometer. By that measure, the trade surplus would be a percentage point of GDP wider."

https://www.reuters.com/markets/europe/chinas-yuan-is-underv...

Markoff··on Deutsche Bank becomes first foreign yuan clearing bank in Europe
nobody really use jiao (1/10th RMB/CNY), same as nobody really use yuan (CNY/RMB)

they are called mao (1/10th RMB/CNY) and kuai (CNY/RMB) in China

but mao pretty much dont exist anymore now with electronic QR payments everywhere even in food stalls, heck even beggars have QR codes and fen is for many many years more like some monopoly money papers

Markoff··on Deutsche Bank becomes first foreign yuan clearing bank in Europe
it's actually "kuai" (pronounced same way as popular incorrect name of famous The Bridge on the River Kwai (the correct name is K(h)waE)) in Chinese streets, if you use yuan or renmimbi you will sound like you pretend to be some snobbish TV news host

I don't think I've ever used anywhere in street, shop or restaurant yuan/renmimbi, at least not in Beijing and around, some people may use yuan, hardly anyone renmimbi

here you have AI answer based on Reddit thread, which I can confirm is correct:

"In everyday spoken Chinese, kuai (块) is overwhelmingly the most common term used to state prices. Yuan (元) is used in formal writing and official contexts, while renminbi (人民币) names the overall currency system like "Sterling" or "USD" rather than a daily price unit."

Markoff··on Deutsche Bank becomes first foreign yuan clearing bank in Europe
their yough unemployment rate sure is rising, it sure ain't great to be young Chinese looking for job now

https://www.nytimes.com/2023/08/15/business/china-youth-unem...

https://www.nippon.com/en/in-depth/d01203/

https://www.reddit.com/r/dataisbeautiful/comments/1pedov5/oc...

also there are salary paycuts for people who already have work, my Chinese clients tried this, but not gonna accept it, I will rather lose such client than lower my rate, I am losing money by not increasing my rates over many years already despite huge EU cummulative inflation and EU salaries growth

by my experience visiting country after almost 10 years last year just by looking at salaries, restaurant prices, real estate prices/rent their economy seems to be stagnating in last 10 years, restaurant meal cost pretty much same as 10 years ago, same goes for entry level salaries like waitress, cook and other you can see in street

they are getting stronger overall, though doesn't seem like middle class is benefiting from it, my CN family bought apartment many years ago and they would have problem to sell it for same price, let alone make any profit on it

Markoff··on Pixel Watch 5
Amazfit Bip has sleep tracking, pedometer and notifications, it has also GPOS (which will significantly shorten battery life), release in 2018, it can still last 4 weeks on single charge, you can buy used for 15-20USD here in Europe

Don't expect advanced sport features like tide info or water sports, it has calendar events and can be used with open source Gadgetbridge app in phone.

Markoff··on Pixel Watch 5
pfft, only 2 weeks + wearing garmin brick on hand? I would rather go with Pebble Time 2 than Garmin if I had to buy something new (used Bip for 15-20USD is still the best deal), it had decent thickness and better battery life

Amazfit Bip user (10mm thickness, still 4 weeks battery life)

Markoff··on Pixel Watch 5
Can you sell Pebble Time 2 to me as Amazfit Bip user? All I need are notifications from smartphone, sleep tracking and pedometer.

I am on my third Bip, the last two I bought used for like 20USD, why would I spend in 2026 225USD on Pebble Time 2 with worse specs (thicker and it doesn't even have GPS) rather than just buy another used Amazfit Bip for 15-20USD (it can still last 4 weeks even with old battery)? Their pricing is completely insane. I don't care about their special OS and custom apps.

Markoff··on Pixel Watch 5
Can someone please bring back original Amazfit Bip? I am now on the 3rd one in 8 years (the first body popped out in warranty (got money back), 2nd I cracked the screen cover glass and then water got in and battery swell).

It was superthin with MIP display requiring no backlight and could last 30-40 days on one charge, even now using 6-8 years old piece it can still last 4 weeks, which should probably answer my question why nobody wants to produce long lasting nice watch, you can sell it only once.

Imagine what we could do with MIP and new baterries in same body + imagine if it had open system...

Yeah yeah I know about Pebble Time 2, but it's thicker at 11mm, has no GPS like Bip + most importantly it cost way way more (225USD now vs like 80-99USD in 2018) for pretty much same specs Amazfit Bip had 8 years ago. Why something which cost in 2018 at worst 99USD now cost with worse specs (no GPS) 225USD? It's much easier and cheaper to produce it now.

Markoff··on 800 km/h (497mph) in 5.3 seconds: China's 1110kg model train sets another record
More information here, can't find better source

https://www.ndtv.com/world-news/chinas-experimental-bullet-t...

Markoff··on uBlock Origin Is Giving Up the Fight to Keep Ads Off Facebook
TIL there are creators on FB, I thought it's social network for people to meet friends or for companies/restaurants to present themselves, but creators? that sounds more like Youtube
Markoff··on uBlock Origin Is Giving Up the Fight to Keep Ads Off Facebook
works fine for me with Vivaldi+uBlock Origin
Markoff··on uBlock Origin Is Giving Up the Fight to Keep Ads Off Facebook
well this post was like one hour earlier, they should have merged it earlier when there were zero posts in both
Markoff··on uBlock Origin Is Giving Up the Fight to Keep Ads Off Facebook
you could use NoBook or MaterialBook, both on Github, personally I don't have FB account 10+ years and not missing it (besides marketplace, though don't see even there better deals than local classifieds website)
Markoff··on Worms: The Future of Yesterday's Worms Today
Nothing to do with internet or smartphones, all mentioned games are split screen/coop on one TV, yet they still for some reason dont like Worms (Armageddon), I didn't even bother trying the old graphics Worms.
Markoff··on Worms: The Future of Yesterday's Worms Today
I would not get my hopes very high, it's my favorite game to play with kids on PS3 (Worms Armageddon), but they don't seem to like it as much as me, they would rather play Sonic All Stars Racing, Rayman Legends, NHL or other games, they don't share my love for Atomic Bomberman either and it's not about old graphics, they really liked TMNT Turtles in Time or Sunset Riders on emulator
Markoff··on Woman pulled over twice after Flock-linked software connected her to homicide
I dunno, this is Czech police approaching scammer on the phone, not sure why they need to throw even scammer on the ground. I would not consider this mild annoyance or humorous anecdote if pigs threw me on the ground.

Video in article - the white hoodie boy is innocent https://www.novinky.cz/clanek/krimi-policiste-se-omylem-vrhl...

Markoff··on Influencers face backlash over Meta 'pervert glasses' content
nothing a little resistor wouldn't fix
Markoff··on London Underground begins scanning passengers' faces
so people in UK streets normally carry on their shoulder 2 meters tall cross?
Markoff··on London Underground begins scanning passengers' faces
TBH wrapped baseball bat is still a baseball bat, just because it's wrapped it doesn't mean you can't use it plus the beginning of the video was missing and it was clearly during some protest

but I agree being stabbed should be legal for victim /s

Markoff··on Influencers face backlash over Meta 'pervert glasses' content
TLDR pretty much all dashcams are banned, if police randomly stops you and find you have there recording without being in accident, it's illegal
Markoff··on Why Can't You Pack a Bag? (2024)
> I like protecting my feet from leeches and more importantly snakes, scorpions, spiders, thorny bushes and small holes where you can hurt your angles.

depends where you are and where you go, no such thing in cameron highlands trails, it is quite high and cold, I've met with leeches only in Thai jungle (while on trail), same with scorpions only on some small Thai island unpaved road, most of the time I try to follow some trails if I won't get lost, there are various kinds of jungle, the most dangerous thing I've met on some trail was probably some pretty big monitor lizard

Markoff··on In Japan, 'calf hair harassment' exposes gender-based appearance conflicts
Asians (Japanese/Chinese) by my experience living there for years hardly grow any leg/arm hair, applies to majority of men as well (though many like to keep one long ugly hair grow out of their face)
Markoff··on Why Can't You Pack a Bag? (2024)
If it's surprisingly raining you would not bring umbrella anyway and left it in tour accommodation (but you can make simple cheap rain jacket from big plastic bag or trash bag, just tear holes for your neck and arms), so packing things you won't most likely need is useful only for the way to/from airport, while you are at destination there is not much use in things left in the room when the weather suddenly changes or suddenly you need to replace something broken kilometres away from accommodation.

I was hiking through the Malaysian jungle (Tanah Rata, jungle trail maybe 9/9A) in flip-flops (pretty standard in SEA also for hiking in mountains) and one of my flipflop broke, guess how helpful would be knowing I have spare shoes in my accommodation? Tried to fix it will some local plants - didn't work, so had to finish hike slowly until reaching at least unpaved road (ofc it broke in the most overgrown part, maybe made wrong turn), later paved road where I could walk barefoot and hitchhike back to town where I stayed to buy new flipflops (btw. my long-term advice, don't ever buy flipflops for outdoors, they always break (at the worst moment), slides (slippers, whatever you call them) are much more reliable).

Markoff··on Stowaway – Take the window seat on any plane or satellite overhead
same here and actually even my kids are less excited about looking at world from up there than me, I guess that's what happens when you travel by plane every year since primary school vs me who had first flight in my 20s
Markoff··on Why Can't You Pack a Bag? (2024)
Travelled southeast asia + China for one year with small maybe <20L backpack (and I could fit there even quite thick hooded sweater for cold weather and huge lonely planet guide back in those days, now with smartphone/laptop everything would be much easier).

The basic simple rule usually is - the packing for 3 months or even whole year is no different from packing for 1 week, if there is stable climate. How often do you need things you won't use within 1-2 weeks? Pretty much never, if it's not something you use all the time within one week then it's most likely not needed.

The lighter your baggage is the more mobile you are, you can go easier further to have more accommodation options, more transportation options, good luck carring your suitcase on unpaved road, mountain, forest or just broken sidewalks or high curbs every 10 meters.

Now I travel with my family each summer for beach vacation in Europe, we still pack each person only one small backpack - after all what you need for hot weather in Europe for ~10 days? Bunch of t-shirts (let's say 1 per 2-3 days of vacation, you can rotate them), shorts/dress (if girl), underwear, swimsuit, sandals, flipflops (wear sneakers into plane, they take the most space) and just in case of bad weather light jacket and one long pants, kids are even able to put there plush toy, book, some drawing tools. This summer we just bought sun umbrella for like 8EUR which paid itself in one day compared to renting sun umbrella/berth, though we were unsucessful in selling it, so it was not for free, but we didn't need to lug it with large suitcase as some people. When the kids were small (unable to carry their own backpacks) I could pack all 3 of us into one 50L backpack with wife having her own 24L backpack.

I don't really understand travelling for summer vacation with large suitcase, what are people packing there, are the moving or what? I am always astounded when kids are going to school trip for FOUR nights, they leave Monday morning and Friday noon they are back, yet parents pack these kids large more than 50cm tall suitcases full of things, my kids with one 24L rolltop backpack (rolled down) and smaller (half empty) 15-20L daypack are always kids with smallest baggage, yet they are not missing anything, now I started to pack even towel and 50ml shampoo/shower gel since they have some crappy accommodations not providing it.

There are record 35-40C temperatures in Europe this summer, yet now when they went to camp for one week I saw again all the kids with large suitcases for hot weather, what the heck are ALL these parents packing. Out of 60 kids there was literally ONE other kid which had like 50-60L large backpack, everyone else medium/big suitcases and their accommodation provides shelves to store your things, so they don't need to live out of suitcase which is the only benefit of suitcase over backpack (though there are duffel bags you can wear as backpack).

Markoff··on 'Pervert glasses': Backlash against Meta's smart glasses grows
if it's not in/over your ear the sound quality will be bad anyway, you have plenty of earbuds/headphones options + your preferred sunglasses, any combo will be cheaper and better than these pervert glasses
Markoff··on Influencers face backlash over Meta 'pervert glasses' content
of course they can, all you need is unlock bootloader or maybe not even that, just use alternative camera app which allows this or change region or zillion other ways

it's like thinking if we start reading people's whatsapp messages we will find out pedophiles and they won't just move to app which ignores gov requirements

Markoff··on Influencers face backlash over Meta 'pervert glasses' content
I'd be really interested to know how they wanna achieve this. I can think of another camera monitoring infrared LED light, but then you can destroy the other camera again, thinking they can avoid disabling/covering the LED is extremely naive, software way maybe, hardware way impossible to avoid.
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