funstuff007

The title is missing the prefix "Generative".

Money quote:

“Under no circumstance should taxpayers be left holding the bag for collapses in the crypto industry—a market brimming with fraud, money laundering and illicit finance.”

But, it was still profitable. More work for the Fed to do. Either Fed Funds end up north of 6%, or they speed up the balance sheet unwind.

Yes, if AWS has possession of keys and drives and the govt wants the data, I cannot imagine how encryption at rest does anything for you.

What does encryption at rest protect against with a Cloud provider?

I assume the read credentials must ipso facto decrypt the object. So encryption at rest protects you against an inside job at AWS (smash and grab drives) or government confiscation. Am I thinking about this correctly?

If you go this route isn't your server spending a lot of CPU cycles generating pages that will never be accessed?

maybe so. 30 years ago I don't think Northeastern would have been considered elite tier. But based on its current acceptance rates, it's getting pretty close.

They want held to maturity accounting treatment on all the things.

SciAm is still broken.

Author notes:

I'm a socio-cultural anthropologist whose ethnographic research uses sport to theorize race, kinship and care, gender, and the performing body.

Isn't it usually a bad idea to have the database and application server in different data centers? It is / was my understanding that both the database and application server should ideally be on the same rack.

> newspeak, propagandistic language that is characterized by euphemism, circumlocution, and the inversion of customary meanings.

https://www.britannica.com/art/newspeak

> In retrospect, we should have recognized that as the US population increases the number of US medical graduates should increase.

I suspect the same problem exists among elite-tier university enrollment sizes.

Immunity Debt FTW!

It's pretty easy to find contrary evidence--depending on your exact definition of soon.

At COP26, leading automotive companies, businesses, governments, and investors agreed to work towards all new cars and vans being zero emission vehicles by 2035 in leading markets and by 2040 globally.

New Polling Shows U.S. Voters Support Full Transition to Electric Cars by 2030

https://www.prnewswire.com/news-releases/new-polling-shows-u...

The conclusion of the data you provided is in agreement with my statement.

The Feds should never fear interfering with state laws when federal law is in direct opposition. It's the basis of the entire system.

Didn't we fight the bloodiest war in the history of this country based on which laws (State or Federal) had primacy? And it's still not settled due to Obama's weed policies.

LTO does seem to be the last bastion of closed source vendor lock-in. That being said, even if prices dropped by 75%, I'm not sure our shop would look to do LTO instead of a series of hard drives. 20 TB hard drives are now $400.

> With the exception of NPM modules, most tools are designed to solve problems, possibly the ones you have

Upvoted just because of the chuckle this gave me.

a lot of shops do this. The most obvious example of this practice are car financing companies such as Ford Motor Credit and its ilk. I am not aware of how abusive (i.e. terrible underwriting standards) Lucent was using for this technique.

The issue with the Palantir strategy is that the borrowers weren't actually borrowers, they sold often-times worthless equity to Palantir. And now Palantir cannot get its money back. Quite frankly, I don't know how Palantir investors were OK with the Palantir balance sheet getting loaded up with highly speculative investments. Growth at any cost, I guess.

other than edge cases, though...

another win for the ratings agencies...

It's worked out real well for North Korea.

> The goal of Juche is to establish a self-reliant state which independently determines its political, economic, and military affairs.

https://en.wikipedia.org/wiki/Juche

My presumption is Binance is the buyer of last resort for $BNB.

Yes, my poetic license path is very heavy withdrawals -> bank run -> dire straits (money for nothing pun).

$60B in assets, $8B in withdrawals. Even if all the assets are correctly valued, I don't anyone would envy their position. But given their own coin in holding in there, maybe they are devoting some money to defend it, or maybe they are actually in decent shape and can handle this quasi bank run.

More succinctly, if they were really toast, then $BNB would be cratering. Given it's holding in there, it seems they are OK (at this very instant in time).

If they're in such dire straights, how is it $BNB is hanging there? Is Binance defending their own magic bean? What is the cost of doing so?

https://finance.yahoo.com/quote/BNB-USD/

Furness seems to have only a cursory understand of immunity (despite all his credentials). Boosters and yearly flu shots just some simple examples of how the immunological world does not work the way he describes. Too many public health officials are unwilling to admit they made mistakes and gave bad recommendations early in the pandemic. He should correct his errors or step down.

grew up in 70s, felt the same way. But when I purchase these cars for my son, I felt that best Hot Wheels were way better than Matchbox. That being said, Hot Wheels does make some kooky models that I would stay 100 miles away from just on aesthetic grounds.

There is no evidence of "immunity debt", and waning immunity are one and the same. So if think one is myth, you believe both are myths.

FIFA awarding the World Cup to Qatar now appears to be quite prescient.