Qasaur

6 ms·

1.
by Qasaur 1mo ago
The modern software engineer throws away the requirements specification because the computers he commands are fast and the people he negotiates with are slow. He ignores archival science because his business records are digital and the musi
2.
by Qasaur 4mo ago
W3C Verifiable Credentials [1] does almost exactly what you suggested and was recently approved as a top-level W3C standard. Adoption has been sluggish outside of digital identity (with Android [2] and the EU digital identity wallet being n
3.
by Qasaur 5mo ago
There is little reason to invent a completely new design system if your goal is to encourage brand recognition and prevent an operator from confusing tools. Apple/SwiftUI has accentColor for example where you can inject a brand colour.
4.
by Qasaur 6mo ago
They’ve possibly dug an even deeper hole now. None of their ISO 27001 certificates, aside from the premium one-offs with the vCISO, are accredited by any reputable ISO accreditation body. I would even argue that IAS, who accredited Prescien
5.
by Qasaur 11mo ago
The basic principle is to ensure that any machine/workload which joins the network (and processes customer data, in this case extremely sensitive PII) has a cryptographically verified chain of trust from boot to the application-layer t
6.
by Qasaur 11mo ago
Hetzner is great for dedicated servers, but for those of us who need smaller-scale secure/confidential VMs I'm afraid that there isn't really any other choice than hyperscalers. Does anyone know if there is a VM vendor that s
7.
Bank of England begins emergency bond purchase programme to restore stability(bloomberg.com)
34 points by Qasaur 4y ago|43 comments
8.
by Qasaur 5y ago
Have you? Financial crises have been more severe, longer, and more sustained since the introduction of central banking. Let us also not forget that the industrial revolution and the extraordinary growth of Western economies in the late 1800
9.
by Qasaur 5y ago
Sure, but ransomware is just extortion and that is a concept that has existed for time immemorial. I think ransomware is a relatively small part of the global volume of generalised extortion which is almost certainly mostly settled in fiat
10.
by Qasaur 5y ago
>Buying drugs, money laundering, rampant speculation, rug pulls, fraud, high fees, inefficiency, horrible UX, irreversible SFYL, and destroying the climate. Every one of these charges happens every day and in some of them to a much great
11.
by Qasaur 5y ago
"The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks mus
12.
by Qasaur 5y ago
>From my point of view serfdom is the (block)chain. Only people with enough stake or those who pays are in control. I disagree with this but even if one assumes this to be the case, I'd much rather prefer a monetary system subject t
13.
by Qasaur 6y ago
>Furthermore, I take issue with the emphasis on "property damage" as property is fairly meaningless when you fear for your live or live paycheck-to-paycheck. America has an unhealthy obsession with "property damage" a
14.
by Qasaur 6y ago
Completely ridiculous. If a major corporation in concordance with other entities bans speech that does toe the party line - that is quite literally fascism and something straight out of 1984. BLM and their like was burning down cities for m
15.
by Qasaur 6y ago
Collateral is the wrong term, apologies for that - what I mean is that expanded bank reserves can be used to back an expansion of credit from the bank in question.
16.
by Qasaur 6y ago
>The central bank have not power to stimulate the economy in this situation, that's the reason central bankers are pushing the governments to spend directly. Sounds very political for a supposedly independent central banking system!
17.
by Qasaur 6y ago
Yes: http://www.shadowstats.com/alternate_data/inflation-charts This site calculates CPI using the old way of calculating it, and according to that method the inflation rate is closer to 10%.
18.
by Qasaur 6y ago
It cannot be repaid, ever, because the interest exceeds the amount of money that is currently in existence, which means they will always have to borrow more money (which is created out of thin air) to service the debt.
19.
by Qasaur 6y ago
>The Fed has doubled (!) the number of assets on its balance sheet by creating new monetary instruments and using some of them to purchase financial assets like treasuries and mortgage backed bonds. In fact, the Fed has created more new
20.
by Qasaur 6y ago
Because they are pocketing the difference by arbitraging between the government (who issue the treasuries) and the Fed (who is the ultimate buyer) since the Fed cannot buy treasuries directly from the government. It's just a complicate
21.
by Qasaur 6y ago
They are, the argument that the poster above you put forward is such a tired argument and I really do not understand why people are trying to hide the fact that the Fed is actually creating money out of thin air and buying assets from banks
22.
by Qasaur 6y ago
I hope I'm not the only one that finds this completely ridiculous. What right does the U.S. Federal Government have to prosecute people who aren't even operating within their jurisdiction? This is nothing but imperialism and a cap
23.
by Qasaur 6y ago
I should qualify that I think the idea of private banks is perfectly fine. I agree that what we have right now is a quasi-governmental centrally planned banking system and that should definitely be dealt with as it was government (through
24.
by Qasaur 6y ago
> A free market was the only possible market when society did not have the tools to organize and control resource allocation on the scale its possible today, due to advances in technology and expansion in education. We have better tools
25.
by Qasaur 6y ago
>The free market in my country has produced two banks that provide banking to 80% of the population (6M people). I don't want to assume where you are from, but almost every developed country has incredibly complex, expensive, and in
26.
by Qasaur 6y ago
>Yes, we've had sustained economic growth and wealth generation to a magnitude never seen before in the history of the world (although not equitable, but that's a different policy problem). There are many ways I'd like to
27.
by Qasaur 6y ago
Hah, now that is something I'd like to see. I don't have my hopes up though because elitist central bankers don't like to be transparent or be subject to public scrutiny - all documents from the Swedish Riksbank in my country
28.
by Qasaur 6y ago
It is not sustainable when we have an unsustainable and quite frankly insane monetary policy which is being pushed by central bankers. In a sane world credit provision would be decentralised and provided by local banks who are close to the
29.
by Qasaur 6y ago
This is an obvious trojan horse for totalitarian central planning. Easier to enact negative interest rate policy when everyone is holding an account at the Fed and no one can take out their money since cash is either banned or made severely
30.
by Qasaur 6y ago
You can't really say this without the followers of the Church of Musk attacking you for going against the saviour of the human race, but this is why I think there is something very fishy going on with Tesla and Elon Musk who also has

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