dexter0
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1 year ago
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on: El Salvador's crypto experiment ends in failure
Key points:
> Despite these profits, crypto has brought El Salvador more costs than benefits. The free publicity has been welcome, yet crypto-investment and crypto-tourism have been small beer. Gains in financial inclusion and from more efficient payments are meagre at best: the currency never really caught on. In 2022, when the hype was at its peak, a survey by CID-Gallup found that only a fifth of firms accepted bitcoin and just 5% of tax payments were in crypto.
> Moreover, the policy cost $375m in all—from the Chivo rollout, subsidised transaction fees, bitcoin ATMs and more—according to Moody’s, a rating agency. That far exceeds the profits on bitcoin holdings, which could still evaporate. By delaying an IMF deal, the crypto experiment kept El Salvador’s risk premium high.
dexter0
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1 year ago
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on: Treasury official retires after clash with DOGE over access to payment system
This is what has been unclear so far. What kind of access is the DOGE seeking? Read access seems within the scope of their "mandate" to audit spending. But if they are going to insert themselves into the process or start blocking payments, that's much more concerning.
dexter0
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1 year ago
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on: Supreme Court allows multibillion-dollar class action to proceed against Meta
> Investors allege that Meta did not fully disclose the risks that Facebook users’ personal information would be misused by Cambridge Analytica...
Anyone following this case and care to share their thoughts of how likely the plaintiffs are to prevail? Is the expectation that Meta will settle out of court?
dexter0
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1 year ago
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on: Americans see their savings vanish in Synapse fintech crisis
> In the immediate aftermath of Synapse's bankruptcy, which happened after an exodus of its fintech clients, a court-appointed trustee found that up to $96 million of customer funds was missing. The mystery of where those funds are hasn't been solved, despite six months of court-mediated efforts between the four banks involved.
This is the real question.
dexter0
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3 years ago
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on: First Republic, other regional bank stocks sink after failure of SVB
In time.
dexter0
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3 years ago
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on: Elon Musk says Twitter is done with layoffs and ready to hire again
Seems like the "Whaling and Culling" theory is playing out as speculated. Also, I'm surprised they still have 2700 employees left. The "reporting" last week made it sound like everyone but a small handful left the company.
dexter0
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3 years ago
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on: Elon Musk says Twitter is done with layoffs and ready to hire again
Seems like the "Whaling and Culling" theory is playing out as speculated. Also, I'm surprised they still have 2700 employees left. The "reporting" last week made it sound like everyone but a small handful left the company.
dexter0
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3 years ago
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on: Ask HN: Can an app’s popup box be repurposed without an app update?
Sure. Apps can embed libraries that allow the developer to push in-app notifications to all or specific users.
dexter0
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4 years ago
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on: Scanning your iPhone for Pegasus
Did you intentionally disable Settings > Privacy > Analytics & Improvements > Share iPhone Analytics ?
From <https://www.amnesty.org/en/latest/research/2021/07/forensic-...>
"At around the same time the file com.apple.CrashReporter.plist file was written in /private/var/root/Library/Preferences/, likely to disable reporting of crash logs back to Apple."
dexter0
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5 years ago
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on: Bypassing Firewalls in macOS Big Sur
It's not clear from the tweet and video: How is his exfiltrator piggybacking on an excluded Apple process? Is nsurlsessiond in the exclude list?
dexter0
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5 years ago
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on: Contingent Election
Wouldn't a contingent election scenario be impossible unless a third-party candidate won one or more states?
dexter0
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5 years ago
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on: Dropbox has launched a new password manager in private beta
Lots of negativity in here. As a paying Dropbox customer, I am interested to see what Dropbox can bring to the table. I’ve been stuck on 1Password 6 since they moved to a subscription model. If Dropbox’s offering works well, I would switch.
dexter0
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5 years ago
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on: Zuckerberg says employees moving out of Silicon Valley may face pay cuts
> You've made a calculation: my value to the company is greater than $150K, and $150K is a price you're willing to pay to leverage that value.
Part of that value calculus was that you are willing to relocate (or already reside in) the Bay Area. In other words, if the company offered only $90K and still required you to live in the Bay Area, you and most other qualified candidates would balk at the offer.
> The only thing that changed is where I choose to reside. What difference is that to the company?
Clearly the company is betting that if you walk away instead of accepting the pay cut, they will be able to find another qualified candidate among the now much larger talent pool they are able to court with remote work.
dexter0
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5 years ago
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on: Circle – A C++ compiler with compile-time imperative metaprogramming
This looks amazing, but the fact that it is implemented in an entirely new compiler (atop LLVM, sure) is a major turn-off. Would be more useful if it were implemented as a meta compiler instead.
dexter0
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6 years ago
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on: How Swift Achieved Dynamic Linking Where Rust Couldn't
The fragile ivar issue is fixed in the modern Objective-C runtime.
dexter0
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6 years ago
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on: Sorry macOS users, but Apple has gone too far for some of us devs
You have to pay the $99/yr to be in the developer program, to access to the notarization service.
dexter0
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7 years ago
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on: Why Is Location Data No Longer Private?
Use a "proxy" phone number that forwards to your cell phone number and keep your real cell phone number private.
> Despite these profits, crypto has brought El Salvador more costs than benefits. The free publicity has been welcome, yet crypto-investment and crypto-tourism have been small beer. Gains in financial inclusion and from more efficient payments are meagre at best: the currency never really caught on. In 2022, when the hype was at its peak, a survey by CID-Gallup found that only a fifth of firms accepted bitcoin and just 5% of tax payments were in crypto.
> Moreover, the policy cost $375m in all—from the Chivo rollout, subsidised transaction fees, bitcoin ATMs and more—according to Moody’s, a rating agency. That far exceeds the profits on bitcoin holdings, which could still evaporate. By delaying an IMF deal, the crypto experiment kept El Salvador’s risk premium high.