idkyall

Some sizable percentage of that is acquisitions as well though

>Even the E-cores draw more power than the M1/M2 cores. To be clear, this is also a product of the fabrication process and node size. Intel 12/13th gen are on Intel 7[1] - which is fairly old at this point, while M1s are fabricated on 5mm process[2]. Smaller lithography size isn't the whole story, but it certainly does make a difference

[1]https://www.anandtech.com/show/16823/intel-accelerated-offen... [2] https://wccftech.com/apple-5nm-m1-chip-for-arm-macs-2x-perfo...

As I understand it, FTX outside the US offered many exotic financial products: e.g. 24/7 traded Tesla stock tokens[1], leverage, etc., which I don't believe US based crypto exchanges are allowed to offer(Coinbase stopped offering leverage in 2020, for example). The acquisition offer yesterday did not include FTX.us[2]

This may mean that the US part of the exchange and the associated customer funds were not lent out, but we shall find out.

[1]https://coinmarketcap.com/currencies/tesla-tokenized-stock-f... [2]https://www.cnbc.com/2022/11/08/binance-offers-to-buy-ftxs-n...

Correct, ideally it should always prompt for both the MFA and the password before failing

If you input a username and wrong password, in some cases, the service won't prompt you for your 2FA code.

If you input the right username and password, it will then go forward in the flow and prompt you for the 2FA.

I believe parent comment is suggesting the system should prompt for 2FA even if the password was incorrect, so that you can't infer whether you guessed the correct password without also compromising the 2FA method.

This only matters if you re-use passwords, though.

> Regarding the cost basis rest that is so people can upgrade their house without having to pay a tax bill. This is just deferring the tax not avoiding it.

I think it's fine to allow this treatment for a home used as a primary residence for the exact reasons you mention, but I don't understand the logic of allowing it for an investment property

Housing in the US has gotten to where it is due to horrible laws effectively allowing total tax avoidance for landlords.

Take some investment property. You buy it at some basis price, let's say 500k. You rent it out for 15k a year. Each year you can offset your rental income against deprecation of the property and property taxes - meaning, you pay no income tax on your rental income.

~30 years later, you've deprecated it down to an effective value of $0, so you hypothetically would have to start paying taxes on your rental income(of course, you can still deduct property taxes against that). What do you do? Well, there's something called a 1031 exchange - this lets you sell an investment property, and as long as the funds go directly into another investment property, you pay no capital gains taxes. So guess what? You can buy a brand new investment property with a new(albeit adjusted) cost basis, and you can start the entire cycle of depreciation and deduction all over again on your new, more expensive, property.

So, you've now held this property your entire life, and you die and pass it to your kids - well, great news, unless your estate is over 12 million dollars(and double that for a married couple), you pay no estate taxes. And even more fun - when you inherit property, the cost basis is "reset" to the present day value of the property at time of inheritance - So your children can now rent the property out, deprecate it, and pay no income tax on the rental income either, and continue the cycle.

The net result is that rental properties generate a ton of income for the owners, who pay almost nothing in taxes. Even if they do pay property tax, property tax rates are generally much lower than income tax rates.

It almost seems like the crypto space has, from my perspective, conflicting narratives:

1. Institutions/governments are bad, and manipulate currencies for evil purposes, Bitcoin is good because they can't manipulate it, etc.

And

2. Institutional adoption is a good thing because it will bring money into the space and cause the next bull run and we'll all be rich, etc.

I mean, when has Blackrock(or really any privately held corporation with shareholder profit as priority #1) ever had good/pure intentions in line with 1? They don't care about Bitcoin being "the future of money", they just want to make a buck off the commissions. Same deal with the various futures and derivative products based on its price. Or maybe they're just trying not to say the quiet part loud?

Coming from the financial services industry, I can say that this is a fairly typical job description for an entry level role, and as an analyst I did need most of these skills. The term "analyst" is usually the 'pay band title', while software engineer is the "functional title". Usually the progression there is something like: analyst -> associate -> vice president: equivalent to a FAANG-like progression of L3->L4->L5. This is of course complicated by the fact that 'analyst' is a title with a very different meaning if you're in, e.g. the investment banking.

These requirements are vague, but if I had to guess, this role is most likely heavy on data extracts and reporting (hence the SQL in point 1), and expects you to be able to work with your business counterparts to understand what's wrong/right with your reports. The charts and graphs point is probably more like 'basic Excel knowledge to manipulate the CSV you pulled from the sql database'. PM skills is probably a roundabout way of saying "can you estimate how long a feature might take to deliver". This role is most likely "big investment bank is required by regulation[1] to keep specific positions and send us their trades daily, write a query to make sure they're netting out to zero and send us a daily report".

Do you need a masters in comp sci to perform this role? No, probably not. I think it's more of a "well if you have the hard skills in programming, we can teach the other parts'. In my experience, a lot of the people from pure comp sci degrees left financial services fairly quickly out of boredom, whereas people with information systems degrees seemed to thrive based on the higher need for soft skills. [1] e.g. SEC's FIN41 https://dart.deloitte.com/USDART/pdf/793a25c7-3f31-11e6-95db...

Well, you make a fair point, expecting to get rich quick is obviously unrealistic. I think people like me got caught because with Helium at least the basic economic premise of "you are being paid to offer your internet uplink/bandwidth for use by others" makes sense. This is in contrast to some of the various crypto ponzi schemes where the only way for a token to gain value is for more people to buy into it.

If we took crypto out of the equation entirely and Helium was a startup offering payments in $ while not being transparent about their usage/adoption rates, would we feel the same way about those who "fell for it" and invested in miners? I'm honestly not sure.

I think I'm most bothered by Helium lying about their corporate users. There is no longer a question in my mind that we need better government protections for consumers in the crypto space. Whether we ascribe their false marketing to negligence or outright malice, companies like Helium and their investors should be held responsible for exploiting consumers.

I purchased a Helium hotspot last year and was drawn in by what seemed like a real use case for a decentralized system - it made sense to me as far as what value was being provided by miners compared to other PoW cryptocurrencies. I was disappointed by the rewards being somewhat low, but I chalked it up to bad timing.

A few months later, the helium network proposed a change which would take a % of rewards away from hotspot operators and gave it to large holders of the token who have staked it(validators). Sure, this change was 'voted' on - but having more HNT tokens gives you more votes. If large capital holders(at least 50% of the supply seems to be held by the top ~25-30 wallets per https://explorer.helium.com/accounts/richest) can outvote those actually providing utility(hotspot owners), then it doesn't really strike me as a particularly fair and decentralized system.

At least in housing, this seems to be the case... In cities like Seattle, the DMV area, etc., I hear about price decreases and homes sitting on the market for weeks.

Where I'm located(east coast LCOL area), we still compete with ~15 bidders for every house, and they're still reliably selling within 2-3 days for 10% over asking, all cash, with inspections waived.

Obviously part of this is a supply issue, but, I have a strong suspicion the rise of remote work is a contributor to price increases near us. We live a short distance(~1-2 hrs) from several major metros, and with the flexibility to go into the office only a few days a month, It's feasible to take a much higher paying job in somewhere like NYC and commute. Local wages for engineers here are/were also much lower than what was offered for typical remote roles, so I'm sure that's causing an additional upward pressure

The train comment makes me guess somewhere on the mid-Atlantic east coast: DC, Baltimore, Philadelphia or NYC are all fairly close together, and a train ride from NYC to DC I think is only ~3 hours

Here's a source referencing the UK stock market: https://globalfinancialdata.com/stocks-for-the-very-long-run...

"Between 1692 and 2018, stock prices increased at an average rate of 1.87% per annum before inflation and 0.36% after inflation, and with reinvested dividends averaging 5.04% per annum, investors received a total return of 6.62% per year. £1"

Now, that being said, during this time frame, clearly the UK is also a western superpower, and after a certain point in time the UK & US stock markets probably have a very strong correlation with the rise of electronic trading/risk management.

For another example of an older equity market, we might look to Japan, which has had a negative rate of return: https://www.afrugaldoctor.com/home/japans-lost-decades-30-ye...

That being said, as we see in that article the monthly $833 purchase DCA still gave a positive return over 30 years.

I believe they quoted me the same number recently. From what I recall this was dual purpose - letting you know up front this is the comp range, but I believe the recruiter also let me know that because it was algorithmic(75th percentile for my market/zip code) that it was also a non-negotiable offer.

How many drives do you have in your server? Or do you just have very high power costs? I thought drives consume ~7-9w unless they're very high RPM. Maybe consider upgrading to a few high density drives? Hard drive costs have corrected recently after the Chia craze last year.

Well, the value that collapsed was the exchange rate of BTC to LUNA, which is now at fractional cents per coin after hyperinflation... They kind of gave a $3B liquidity exit for holders to dump their LUNA tokens into via the LUNA/BTC pairs that they were market making

Well, those projects they showed really make me want to buy one even though I have no real use case for it. Seems like it'd be fun for hack projects or pen testing RF devices. In a more meta sense, I really like this new trend of gadgets with a personality, so to speak - makes me think of that game console the "playdate".

>But if your TV streaming provider tells you have to use a certain version of Windows to consume their product, that's not considered acceptable to a good deal of people.

This is already the case with Netflix -- 4k video content cannot be played on Linux.

Personally, I believe in Crypto, but I'm entirely against Bitcoin. I think Proof of Work is a massive waste of energy, and I would be happy if Bitcoin went to 0, quite frankly.

But nowadays, not all cryptos are proof of work based. Plenty of major crypto projects are based on proof of stake and offer fully fledged smart contract features to support Web 3 apps. I don't think proof of stake crypto is more energy intensive than the hundreds of thousands of servers and data centers needed for the traditional financial system.

I think a smarter move would be to only accept crypto currency donations from these greener chains.