Without fractional banking the bank needs to be way more cautious when appraising an asset and be more conservative with the future gains estimation. Decreasing speculation and inflation of value.
823 karma · joined October 9, 2025
That sounds like a pretty sensible reason to not trust someone no? Politicians don't make the most sensible decisions at a time, but the ones were if they were to not work wouldn't be blamed on them.
Let's say there is an attack on Google or [insert random engineer name working for belgian goverment] and thousands of emails from politicians were leaked. The public outcry would be wildly different. In the case of google they would talk about how can a company hold so much sensitive data and power blah blah blah. In the case of random engineer much of the blame would be on the politician on why did they rely on a random person having access to all emails and sensitive information instead of a reliable company like google.
Sometimes the most popular answer is the best one because if you are wrong then everyone is wrong too.
Just to expand on this really interesting topic. That's where the common pitfall on planned economy begins. Because to some degree a free market can withstand some amount of regulation; after all, external agents trying to manipulate the market are just that, agents in the market. As long as there are other autonomous agents intervening the market will keep functioning as it was. So the bureaucrat has both the incentive and the justification to expand the intervention. In other words, his economical plan didn't work because it was not intervened enough and just if they intervene in this extra thing it will work for sure. That loop continues until the market is 100% intervened, and at that point it requires such a enormous structure of power and control that makes it difficult to fight it (clientelist networks, repressive states, etc).
On a micro scale it is possible, and sometimes favorable, to intervene. On a macro scale to intervene economically becomes impossible due to the economic calculation problem. It is widely accepted in modern economics that the unit of maximum extent where economical intervention is possible is a business/company/enterprise. Or in sociological terms the maximum unit is the family. Anything broader than that and the compound effect of the economic calculation problem becomes apparent and inefficiencies accumulate. Autonomous decentralized mechanisms (like a free market) are the only solution to it, but not the most optimal.
What Mises proposition was - in essence - is that an autonomous market with enough agents participating in it will reach an optimal Nash equilibrium where both offer and demand are balanced. Only an external disruption (interventionism, new technologies, production methods, influx or efflux of agents in the market) can break the Nash equilibrium momentarily and that leads to either the offer or the demand being favored.
His codebase was horrible, a lot of logic that I would have already though of abstracting away. For example saving dialogs on json files and the conditions for that dialog to trigger for that NPC as some sort of finite state machine that can be represented with a series of sequential flags. He had a single file that was about 15k lines full of `if (condition && condition) || (condition && condition)` statements. He didn't seem to see the issue, it just worked.
That's when I understood some people just care about game development and doing cool stuff and don't care at all about programming, good practices or structured code. And that's perfectly fine.
I gladly am in Germany and companies are more scared of implementing dark patterns here for canceling products. When I was in the US I dreaded cancelling services because I knew they would make me jump around several hoops and even sometimes require contacting customer support.
If the maintainers don't want to merge it for whatever reasons that's fine and nature of open source, but I think its petty to tell that same user who opened the PR you should have donated money instead of tokens.
Also what is the implication here? If you cover the hole accidentally for one microsecond do you invalidate the whole recording? Does it need to be covered for more than one second, two seconds, ten?
All of that for what? So that in 2 years we can have chinese off-brand clones for 50 dollars that offer no security mechanisms anyways?
We all need to understand this is the new normal, being able to be recorded anywhere anytime. Just like you can get punched in the street anywhere anytime. We only act on things that can be proven to have caused you prejudice in court.
True but then that would mean a blinking led light instead of a constant turned on led light, which is a different product requirement from what it currently does.
The glasses have in the same hole a led light and a small light sensor (similar to the ones used in monitors to set up auto-brightness).
On start recording the glasses check if the light sensor is above a certain threshold, if it is then it starts recording and turns on the led light.
So, if you start recording and then cover the hole, it keeps recording because the check only happens on start. Even if they wanted to fix this by making the light sensor do a constant check it wouldn't work as the privacy led light indicator is triggering the same sensor, which is a terrible design choice.
And to disable the light is as easy as using a small drill bit and breaking either the light sensor module or the led light. They can detect if it's been tampered with and they put a giant notice saying the privacy light is not working but they still let you record anyways lol.
It doesn’t have any features other than installing the latest release from the codex GitHub repo and updating it, and I don’t want it to have more features than that. This is not meant to replace any codex installation via a package manager, if you have a package manager where codex is available then by all means install it through that.
That's why psychiatrists will suggest antidepressants or Electroconvulsive therapy (in extreme cases of depression) because clients are unable to help themselves.
Don't take this the wrong way but this is more of an age thing rather than a technology advancement thing.
Kids growing up nowadays that are interested in computers grow up feeling the same magic. That magic is partly derived from not truly understanding the thing you are doing and creating a mental "map" by yourself. There is nothing intrinsic to computing nowadays that makes it less magic than fiddling around with config.sys, in 50 years there will be old programmers reminiscing of "Remember when all new models were coming out every few months and we could fiddle around with the vector dimensionality and chunking length to get the best of gpt-6.2 RAG? Those were the times".