Hacker News Reader

jhobagon Show HN: SHAllenge – Compete to get the lowest hash

lol what this nonsense. tether's regarded as the safest bc their biz model is providing entities usdt for usd without offering interest on the cash.

now why would any entities want to deposit usd into a private bank and receive usdt without any yield on their cash? you think you understand tether so well maybe think about it for a few minutes

jhobagon Make Ethereum Cypherpunk Again

payments is a meme for every bagholder coping about their cheap blockspace chain. literally every cycle cheap l1's come up

eth mainnet is lindy as the most secure settlement/data availability layer, other layers for execution settling back to mainnet or other da layers potentially solve settlement fee/l1 data writing rent issues

jhobagon FTX – The fraud was in the code

the funniest part about FTX was how utterly awful it was. books were thin, and everyone knew alameda was hunting customers in the books, while listing perps for their farm and dump investments. really just a sham of an exchange/casino, so around average by crypto standards, but KOLs and mainstream comms praised them.

jhobagon FTX – The fraud was in the code

Sequoia led their one of their rounds, everyone assumed sequoia did enough due diligence, everyone goes in and fills the round; it's assumed its a trustworthy platform for retail

jhobagon We're all lurkers now: No one's talking online anymore

Instagram's CEO actually talks about this movement from public engagement to private groups, stories/dms in a podcast, https://www.youtube.com/watch?v=OHIsVfdqg74

Very noticeable trend as after the explosion of IG around 2017, a lot of convos went to from fb messenger to ig group/telegram/discord/signal and obviously whatsapp

Personally seeing posting to the main feed as being too extra, usually someone trying to sell something, instagram being too full of ads/irrelevant info or bait at the worst... which I guess you could say is the same for most of the big public websites

jhobagon Plan to incinerate soil from Ohio train derailment is ‘horrifying’, says expert

wait until public pension funds realize they are financing the decay of rail conditions thru private equity investments

jhobagon The Offshore Networks of Oligarchs

now go further down this line of thinking... how those with status and money must view the world as nothing more than theatrics. airport security theatre being the most obvious

jhobagon Zuckerberg’s empire collapses

VR doesn't need to capture the average facebook user/masses. As long as META can retain devs/early adopters, with great hardware, the ecosystem/community has already been built. High ROI is only inevitable, whales in MMORPG's spend the money because theres a genuine connection with the players/community, that should've become apparent to everyone with NFTs/crypto.

If Zucc's bets on acquiring whatsapp and instagram were plays on time spent/attention, should track that he understands the killer app of VR is going to be time spent/attention. VR isnt just a new medium to tell stories, if it taps into something more primal than anything a screen can convey, then the "next platform" race has already started and META is ahead by leagues

jhobagon Zuckerberg’s empire collapses

obviously someone in the group hates your wife and is reporting all her posts for nudity lmao

jhobagon Twitter Is Losing Its Most Active Users, Internal Documents Show

As most internet natives know, the longer a thread goes on the more likely a flamewar erupts; pour gasoline on that with the addition of clout/followers/engagement to grow a brand, and you get an especially unhealthy reward loop

jhobagon Google has most of my email because it has all of yours (2014)

It's actually an exercise in True freedom, trying to detach your life from all socials/spaces

Remove/minimize socials, move to multiple countries more than a couple times a year. form new friend groups/communities, learning to min-max essentials

Diet: try fasting, appreciate simple meals after a lengthy fast

jhobagon Since mid-April, the Fed has withdrawn ~$140B of liquidity from financial system

the subtext here, after they kept insisting that inflation is transitory and that we are not in a recession/soft landing messaging, is that they dont want to be seen as tightening into a downturn

jhobagon Ask HN: What's the best investing strategy to have during a recession?

Fixed rate debt, locking in low rates in undervalued assets prior to rate hikes, before the Fed pivots and starts hyperinflation so you own a house (while everyone else is sidelined in hyperinflated cash/high interest debt)

During a downturn with rate hikes, a possible sovereign debt crisis and commodities/inflation possibly moving higher, look at high yield treasury bonds

max out series i bonds - $10k per person or company - 9.62% yield atm - state tax exempt

if you have a lot of extra cash and no debt or low interest fixed rate debt, then park it in a no penalty CD, savebetter is paying 3% CD atm, no penalty, withrdaw anytime then park the rest in 2-2.5% savings accounts atm

jhobagon Facebook Is Dying

I would assume HN users have some idea of facebooks business..

that's beside the point. Facebook and its products are growing regardless if you like them/know about their business (as if its some sort of esoteric practice...?), to state otherwise isnt worth discussing much less posting about on here

jhobagon Chinese, Taiwanese Restaurants Drop 'Golden' and 'Dragon'-Take on Mandarin Names

https://instagram.com/mrchow is a good exanple of a restaurant without the dated golden dragon phoenix motif

jhobagon Teens Debate Big Issues on Instagram Flop Accounts

same inquiry could be made to ask you if you thought there were real people behind the boards/chans u were on as a kid as opposed to adult scammers or whatever. kids grow up on the internet like how we did but now the tables turned and they either figure it out or not its up to them

jhobagon Bitcoin is a Cult

you're using r/bitcoin as an example? one of the most well known cryptocurrency subs for toxicity and juvenile mods

jhobagon Luxury hotels are being inundated with requests from self-described influencers

>Hansen: High fours. Impress those up-scale folks, you'll gain velocity on your arc and there's your boost.

somewhat similar appealing to google search the way to gaming instagram is by having famous people/big accounts/verified accounts comment and interact with ur account so you 1. appear in the activity for their followers 2. appear on the explore page for the potential new followers and more engagement, repeat ad nauseam

"organic growth"

jhobagon This mighty Porsche 919 just broke the F1 lap record at Spa

arent the main issues with tracking ev's/teslas battery heat and brakes?

jhobagon Concerns that social media causes childhood depression

and yet you're here with the rest of us

jhobagon Shenzhen Electrifies Entire Public Transit Bus Fleet

it already is

jhobagon Nestlé is extracting water from Canadian towns on expired permits

hedging water. the next get rich scheme

jhobagon Trolling the Entire Internet

http://www.dhmo.org/facts.html

"Should I be concerned about Dihydrogen Monoxide?"

classic

jhobagon New Macbook Pro power efficiency and time remaining

Exactly. People that do tasks more intensive than watch youtube videos and work on spreadsheets don't need any more battery life so thinness is a priority for regular laptops. People doing intense work use t h i c c laptops

jhobagon Hard Truths and Happiness

a good/happy life is a virtuous one. hedonists and libertines confuse happiness with neurological "happiness" like an obese person confusing "happiness" with gluttony and degenerates with drugs

jhobagon Quit Social Media, Your Career May Depend on It

try medtitation

jhobagon Global warming: The state of the climate in 2016

thank you for writing down what's been going through my head for the past 2 years

jhobagon Vancouver Tax on Empty Homes to Target Near-Zero Rental Supply

As an Asian, this comment.

jhobagon “How do I choose not to share my account information with Facebook?”

iirc duckduckgo isn't the best. disconnect is better

jhobagon LSD Microdosing

In general, serotonergic agonists at regular dosages definitely increase susceptibility to serotonin syndrome.