So good! Its crazy how legal information is such a spread out mess.
Whats worse is that git is such a perfect solution for legislation.
Readit Newsdarcys22 commented on Show HN: how I built the largest open database of Australian law umarbutler.com/how-i-buil... · Posted by u/ubutler
darcys22 commented on Experiencing decreased performance with ChatGPT-4 community.openai.com/t/ex... · Posted by u/SmartVA
I’m also of the opinion my paid chatgpt responses have been lower quality.
However users going on multi page rants is so bad. I read 30% through and its like “dude stop”
Its a product and you pay for it, if its not working then express the feedback and move on. Making demands of OpenAI like it is some elected government agency with transparency requirements is outrageous
darcys22 commented on An Update on USDC and Silicon Valley Bank circle.com/blog/an-update... · Posted by u/VagueMag
> 10B in cash was spread over 6 banks to diversify the bank risk
This is nonsense Treasury management. Fidelity spreads checking account deposits across twenty-six banks to reach $3mm FDIC coverage [1]. Beyond sweep, Circle’s assets should be in short-term, on-the-run Treasuries, repos and commercial paper.
[1] https://accountopening.fidelity.com/ftgw/aong/aongapp/fdicBa...
They do hold 32B in short term treasury bills though
https://www.blackrock.com/cash/en-us/products/329365/
These funds appear to be specifically for short term redemptions, if they turn over 3B in redemption's every 7 days then how are they meant to keep less then that in the banks
darcys22 commented on An Update on USDC and Silicon Valley Bank circle.com/blog/an-update... · Posted by u/VagueMag
>Moreover, SVB has a strong franchise that is at the center of American entrepreneurship and technology industry growth.
Tl:Dr: Save us, Big Government.
They deposited 3B with this bank for the specific purpose of it being a safe place.
Their 10B in cash was spread over 6 banks to diversify the bank risk.
They have plenty of higher risk investments in their treasury, but these ones were the safe ones intentionally put into banks with insurance. If the government protection wasn't there the investment would’t have been there in the first place
I think the traditional way of doing this is just to make a team you work with.
Working solo with a fake “manager” is probably less productive then hiring a team member and sitting in the same room while they work for you
The counter point is everything he said is well known and discussed within the web3 circles, nothing he mentioned was ground breaking.
In general speakers who are talk about their solutions to problems are interesting, while speakers who take a defeatist attitude of course are going to get ignored.
I was thinking about something similar, but less cringy. More like: hey you haven't messaged your friend in 6 months, maybe you should ask them how they are doing. A priority queue but to help keep friendships alive.
I've found just setting a recurring TODO in the calendar to "Call XXX" is sufficient.
Is there some reason why this kind of stuff is typed up on a typwriter?
This was my exact thoughts too! surely human beings from the 21st century could have improved on this.
However I'm also pretty sure that lawyers have found a loophole to prevent their jobs from being automated, if you just make using technology illegal/"not to standard" then they can keep billing $500 per hour to use a typewriter
darcys22 commented on Let's Encrypt has a neat annual report [pdf] abetterinternet.org/docum... · Posted by u/dfern
As an accountant it somewhat irks me to open an “annual report” and it only to contain one page related to financials and mostly taken up by a single pie chart.
Gatekeeping is bad, but these annual PR pieces are trying to ride the good reputation that annual reports containing audited financials have.
On a side note the graphic design in this is amazing
The reason for that, is to avoid having influence from outside. Even "angel" investment can be problematic, as the "angel" has the ear of the leadership.
I have found that even well-meaning outsiders can have highly destructive influence, because they don't understand the culture and they aren't the ones on the hook, if things go pear-shaped, as opposed to the ones that have a real, personal, stake (like all those Ello users, who lost so much).
Everyone says they are on board with supporting the little guys, until they hit bugs and start complaining.