Knock_Knock_Lemmy_In @ Knock_Knock_Lemmy_In @lemmy.world

Posts

0

Comments

2,880

Joined

2 yr. ago

LLM tend to literally describe what the code is doing, not why.

Super quick scrambled eggs.

Steamed broccoli.

Baked potatoes.

Chicken (small strips and 50% power)

Cake in a mug?

Only one is defensible.

If you want a baked potato in under 10 minutes then the microwave is the only option.

Identity does not need to be verified by a private company's scan of someone's eyeballs.

Every military makes plans for any contingency,

In defense, to respond to an attack. The word contingency is important.

If the military is planning acts of aggression then that is called preparing for war.

Tries to market energy drinks, shows someone drinking water.

Why would the cops do anything?

reached an altitude of 890 feet

Kids science projects make reusable rockets that go higher.

You don't need to set meetings. You need to set deadlines.

Direct Corporate speak would be.

"Do you need me in this meeting?"

They have all of Epstein's recordings.

So that a reason can be given to not enrich further.

it makes it trivialize easy to issue any number of tokens (trillions? quadrillions? 2^64?) and then trade with them.

These are all fully visible. Gift cards we have no way of knowing how many there are.

Gift cards still have the limitation that you need a network to accept them,

Same with tokens. Only certain people will redeem certain tokens.

and they are commonly understood in accounting practices so retailers need to account for them.

Public blockchains are a triple ledger system. They are self accounting

How can we be sure that some random stablecoin is really backed by currency 1:1 like they claim?

Great question. Same with gift cards. Same with bonds.

The largest stablecoin in use today is Tether, which claims to have over $100B in circulation, all "backed 1:1". But every audit they have released has been deficient in some way.

Oh yes. I wouldn't touch Tether with a 12ft pole. I'm not saying stablecoins are good. I'm saying they are no different to what currently exists.

Yes. Gift cards is probably a better analogy.

My main point is that this sort of thing isn't new. The crypto part is a distraction.

These are called defined benefit pensions.

bill allows bank subsidiaries and big tech companies to issue their own stablecoins.

These are usually called corporate bonds. What is the fuss?

Take the same approach as home schooling. Community comes from engaging in other activities.

TTAM later said it had obtained backing from a “Fortune 500 company with a current market capitalization of more than $400 billion and $17 billion of cash on hand.”

That's not at all concerning.

Bondholders are having a haircut.