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solumos commented on Google Play Store bans wallets that don't have banking license   therage.co/google-play-st... · Posted by u/madars
darth_avocado · 13 days ago
Venmo doesn’t have a banking license afaik. Do they ban that? Do we start using the Starbucks app as a wallet?
solumos · 13 days ago
Venmo uses PayPal's MSB/MTLs, per https://venmo.com/

> Venmo is a service of PayPal, Inc., a licensed provider of money transfer services (NMLS ID: 910457). All money transmission is provided by PayPal, Inc. pursuant to PayPal, Inc.’s licenses. © 2021 PayPal, Inc.

See also:

https://venmo.com/legal/us-licenses/

solumos commented on Tell HN: I underestimated how lonely building solo can be    · Posted by u/paulwilsonn
solumos · 21 days ago
I can sometimes relate, but you have to remember that even if you're building alone, you're still allowed to go talk to people!
solumos commented on Show HN: An interactive dashboard to explore NYC rentals data   leaseswap.nyc/analytics... · Posted by u/giulioco
solumos · 25 days ago
Something seems off with this data. Specifically, DUMBO-Vinegar Hill—Downtown Brooklyn—Boerum Hill has a median rent of $2600, which seems very suspicious.

Also, there's no data for Crown Heights North.

solumos commented on Steam, Itch.io are pulling ‘porn’ games. Critics say it's a slippery slope   wired.com/story/steam-itc... · Posted by u/6d6b73
dandellion · a month ago
All this makes me think of war on drugs and other similar failed attempts at regulation, and of the article "the optimal amount of fraud is non-zero". The stronger the zeal to prevent porn the more expensive it gets to do so, and the more they cause legit companies like yours to close, the more profitable it gets to do it illegally. Just cranking on the symptoms without looking at the cause often has the opposite effect to the one desired, not that the people pushing for this probably care.
solumos · a month ago
Yep, similar to how banning Juul led to the proliferation of foreign-made vapes[0]

[0] - https://apnews.com/article/fda-vapes-vaping-elf-bar-juul-80b...

solumos commented on Show HN: A code editor that integrates into the browser   tachicode.dev/... · Posted by u/quintu5
quintu5 · a month ago
That's pretty slick! I've avoided digging into project management and code execution so far in order to keep the scope manageable.

What does the process for adding support for additional wasm-capable languages look like?

solumos · a month ago
It's a pretty big lift. Python was somewhat easy with pyodide, but I couldn't get Java to work locally. There's a company called CheerpJ that can do it over an API though.

https://pyodide.org/en/stable/https://cheerpj.com/

solumos commented on Show HN: A code editor that integrates into the browser   tachicode.dev/... · Posted by u/quintu5
solumos · a month ago
This is cool, I worked on something similar sort of thing over the winter, more focused on a local-first leetcode/coderpad, with a way to execute code in the browser using WebAssembly, and a way to share code over WebRTC

https://codenow-mu.vercel.app/problems/0001-fizzbuzz

solumos commented on I'm switching to Python and actually liking it   cesarsotovalero.net/blog/... · Posted by u/cesarsotovalero
manofmanysmiles · a month ago
I make projects following almost identical patterns. It's a little uncanny. Maybe the people in the python developer ecosystem are converging on a pretty uniform way to do most things? I though some of my choices were maybe "my own", it seeing such consistency makes me question my own free will.

It's like when people pick a "unique" name for their baby along with almost everyone else. What you thought was a unique name is the #2 most popular name.

solumos · a month ago
This sort of architecture has been in favor with python for at least 10 years or so, but I think you're right — the structure just makes sense, so many reasonable engineers converge on using it.
solumos commented on Web3 Onboarding Was a Flop – and Thank Goodness   tomhadley.link/blog/web3-... · Posted by u/solumos
Animats · 2 months ago
Stablecoins can, when interest rates are reasonably above zero, support themselves with the interest on the money. That could potentially work. The industry tradition, however, is the promoters stealing the money.[1] Usually by investing it in something risky, with the intent of keeping the excess profits but dumping any losses on the stablecoin holder.

Trump has a stablecoin, "USD1". It's partly backed by Trump's memecoin, "TRUMP" Really.[2] What could possibly go wrong?[3]

[1] https://www.web3isgoinggreat.com/

[2] https://www.msn.com/en-us/money/companies/usd1-the-cryptocur...

[3] https://coinmarketcap.com/currencies/official-trump/

solumos · 2 months ago
I would be very surprised if any of USDC, PYUSD or USDG followed in that tradition given their attestations.

But you are certainly correct that there is no shortage of bad actors in this industry.

solumos commented on Web3 Onboarding Was a Flop – and Thank Goodness   tomhadley.link/blog/web3-... · Posted by u/solumos
gregmac · 2 months ago
Am I the only one struggling to decipher this?

I thought web3 was supposed to be some kind of decentralized compute, where rather than run on your own hardware or IaaS/PaaS you could make use of compute resources that vary wildly day-to-day in availability, performance, and cost, because they were somehow also mining rigs or something? But it's "decentralized" because there's not one entity running the thing.

There is not a mention of that in the article.

Is it actually supposed to just be microtranscations paid with cryptocurrency? Where's the "decentralized" part of that?

Anyway, instead the best I can see this article seems to be talking about how it turns out people aren't using blockchain for buying things, and makes the (apparently) shocking conclusion "the one thing people always wanted: money that just works."

solumos · 2 months ago
Not exactly. Internet Computer or Akash Network would be more closely aligned with "decentralized compute" — smart contracts in the EVM world aren't really meant to decentralize "general" compute, but they do provide primitives for programmable transactions. Those transactions can include a "token" as well as abstractions on top of tokens (e.g. a vault)
solumos commented on Web3 Onboarding Was a Flop – and Thank Goodness   tomhadley.link/blog/web3-... · Posted by u/solumos
geekodour · 2 months ago
Absolutely not a crypto person but I've been following this team called noice.so, so far I think they've been doing the right thing in the space, pretty new and think they are operating at the right level of abstraction.
solumos · 2 months ago
This is actually a good example of what I'm railing against.

Giving your users airdrops is almost always a perverse incentive, and trying to figure out how to onboard to Farcaster as "Step 1" in your product journey is extremely limiting.

u/solumos

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