favflam

People are rushing to do CDO-squared (collateralized debt obligation from 2006) type financial products using stable coins. And one company has already created an ETF product linked to an on-chain CDO-style debt product.

I think the financial industry has figured out a way to do an end run around all financial regulations written since the 1930s.

I think like vaccine mandates, we will all have to "relearn" why we wrote this regulations in the first place the hard way.

Is there an open LSP standard that allows IDEs like Lazyvim to work?

Ecommerce of millions of people are facing a huge disruption.

Think of Brexit. Commerce still happens between the UK and Europe, but there is a massive show-stopping level of friction now because people need to do Customs. That is a lot of paperwork. Millions of people are not used to this and many small businesses will get wiped out.

The current system was up for debate in the last election.

Feels over reals got us this result where Republicans specifically in Congress refuse to step in to stop the President from violating the emoluments clause, tax authority, and impoundment.

At least the last administration knew they had to pass Congressional legislation to spend money and that impoundment was absolutely illegal. And there is clear evidence Democrats will cull the herd of politicians who stray off.

My middle school 7th grade civics class told me that this conversation happens in Congress in Congressional hearings.

I get to hear my Rep ask questions. There is a Congressional research office that acts as a kind of neutral arbiter of truth allowing for evidenced based instructions. Then, after weeks or months, a consensus builds and Congress passes a law and tells the President what to do (hence Congress=Article ONE -> two).

Now, I get to watch a single person dictating tax rates and dumb twitter threads doing a horrific job replacing what I described above.

I could debate you on the merits of your comment, but my real point is that before you wreck the lives of millions of people, you should make sure most people are onboard with all the consequences (1st order and 2nd order effects).

This situation feels dumb. I feel like I am watching idiots cheer on someone doing parkor and that person getting his teeth smashed on a wall. Like, what is the point?

Are there going to be Congressional hearings at least where Citizens can see a debate with witnesses testifying under oath? Will the Congressional research office publish statistics and data we can read together to debate?

Or will some backroom deal be made without any Congressional approval? I got a lot of questions and basically there is no way to get answers since Republicans gave the president: 1. unilateral authority to set tax rates (tariffs and illegal export levies) 1. impound Congressionally appropriated funds on an ad-hoc basis 1. unilaterally close down federal agencies created by Congress

I refuse to debate the merits of this industrial policy while the above three things are true. There is nothing to debate here because no one outside the administration's inner circle (industrialists bribing) who knows what is going on.

I feel like my 7th grade Civics class has been a complete waste. Or, it lets me see what is happening in the correct light.

Voters in Red states destroyed any motivation by foreign companies to build factories there (tariffs) and Democrats to focus infrastructure spending there (CHIPS, IRA being worthless in getting votes).

And now Republicans are ok with impounding Congressionally assigned funds.

So I guess outside of facebook brain rot and doom-scrolling, there is no way to convince voters to vote with policy (requires attention span of more than 30 seconds and high school level reading skills).

Just to add:

what about the part where a single person is dictating taxes on American companies? That does not seem to phase that many people in the tech space...

And what leverage did the administration illegally (without Congressional authorization) apply to get this deal?

At least when the Bush admin did the first part of the financial bailout in 2008, they had Congressional authorization (a bill was passed).

You do not include digital services like FANG here.

Sarah Williams (forgot the name) testified in US Congress as to Facebooks strategies on handling governments. Based on her book, it seems Brazil has been the most effective out of major democratic governments in confronting Facebook. Of course, you have China completely banning Facebook.

I think Mark Zuckerberg is acutely aware of the political power he holds and has been using this immense power at least for the last decade. But since Facebook is a US company and the US government is not interested in touching Faceebok, I doubt anyone will see what Zuckerberg and Facebook are up to. The US would have to put Lina Khan back in at the FTC, or put her high up in the Department of Justice to split Facebook into pieces. I guess the other hope is that states' attorneys' general when an anti-monopoly lawsuit.

I know in the p2p space, peers have to send lots of small pieces of data. QUIC stops stream blocking on a single packet delay.

What is the budget outlook for LIGO?

Was the budget cut in the BBB passage last week?

You have never been accosted by police and assumed to be a criminal, especially in a country foreign to where you live? I think this experience would shed light on your question.

ICE is different from other police agencies. The "punishment" is deportation, which ICE insists requires no time in court in front of a judge to mete out this "punishment". And as we have seen with guy sent to the El Salvador gulag, "deportation" is not simply getting put on a plane back home. It means getting sent to a foreign prison or war zone (South Sudan).

So, you have a small risk of a catastrophic outcome when interacting with ICE. And you will have no recourse in court because ICE intends to make you disappear first. And for many Americans, this whole situation is an affront to American way of life (no due process, very nazi like behavior with the Florida concentration camp).

Lastly, the US is different from other countries because the states are partially sovereign. State law and federal law don't generally intersect and state/local police have no duty to enforce federal law. They aren't supposed to enforce federal law either. In other countries, there is typically a national police agency all police operate under and provincial governments operate under national law.

This situation is like southern China when the British decided to even up their trade deficit with Opium.

I understand the sentiment. However, I as an individual do have some power in this world, even if it is fleeting power.

I am sure at some point you have some power too. Just use that moment to make up the difference.

For the good of society and human kind, don't give in up front.

I take it as a P = NP problem.

I either: a. spend money on a person and take money and time to specify the business problem to this person and take money and time to judge the results b. skip the person and just use the AI itself

The difference between the two is that I don't have some metaphorical hostage to execute in "b". If the task is trivial enough, I don't need a hostage.

I find people relying way too much on AI tools. If I pay someone a salary, they need to understand the actually answer the give me. And their butt needs to be on the line if the answer is wrong. That is the purpose of them getting a salary. It is not just to do the work, but it is to be responsible for the results. AI breaks this in a lot of the use cases I see crop up on ycombinator.

If some AI tools outstrips the ability for a human to be in the decision loop, then that AI tool's usefulness is not so great.

The dollar was strong, interest rates low, inflation rate competitively low (compare with other countries).

The deficit just means the US government should collect more taxes and cut spending. Efficiency efforts should have gone towards neutering nimbys.

Now with Republicans in power, we can expect tax revenue to take a huge hit, and economic recession, and the deficit to blow out.

In the last 25 years, Republicans have consistently taken positive trends in gdp, unemployment, and deficits and tanked the economy.

I believe politicians in the EU are chomping at the bit to get a digital services tax implemented against US big tech companies. I think Silicon Valley tech titans really screwed the pooch here.

They are going to be big targets for trade retaliation and I am not sure how much help the US government will be able to offer. Moreover, if the administration changes, the Democrats will absolutely take apart these tech companies.

Is anyone migrating away from microservice architecture back to just big box single monolith blob like back in the 1990s/2000s?

I really liked using Hetzner and pure metal. The only real hold-back I have from switching from Google is email and doing backups.

They started doing adult movies, then realized what their customer base liked to do besides multimedia consumption.

I did compliance for a fintech under heavy regulation.

If we used AWS, we could skip months of certification. If we use a custom data center, we have to certify it ourselves (muuuuuch more expensive).

From this standpoint, cloud beats on-premise.

Oh, this is great. I just did an implementation in gRPC in Go whereby I had to churn through 10MB/s of data. I could not implement any kind of memory pool and thus I had a lot of memory allocation issues which lead to bad memory usage and garbage collection eating up my CPU.

Is anyone here using Lazyvim? I switched to this from VS code and it feels much more productive and lightweight on my computer.

I never got into VIM before until I saw some Youtube personality using Lazyvim.

My ISP no longer allows port-forwarding of ipv4 addresses as 1 public ip is shared amongst many ISP customers. This is due to a migration to MAP-E.

IPV6 is pretty much my only choice for hosting stuff in offices and at home.

Is MAP-E becoming prevalent?

I am guessing countries subject to tariffs will retaliate by making FANG's life hard.

My ISP gave us MAP-E when we upgraded the bandwidth. We lost the ability to port forward ipv4, so we were forced to switch everything to ipv6.

You don't want to be in a situation (like working at a financial institution and money is stolen) where there is a cyber security incident and it becomes difficult to tell if you intentionally hacked your company or your computer had just been compromised.

You use your laptop and you become civilly and possibly criminally liable if something goes wrong.

Ladies and gentlemen, I present to you the miracle called Lazyvim (terminal based IDE). Once you go lazy, you don’t come back. I can’t stand vs code now. The mouse even works in Lazyvim.