simulate-me

20 ms·

1.
by simulate-me 4y ago
If the bank has 1M deposits, its net assets are 0. It has 1M is cash and has 1M in liabilities to depositors. If the bank loans out 900K, then it still has 0 net assets. It has 1M in liabilities to depositors, 100K in cash, and an "IOU
2.
by simulate-me 4y ago
Fractional reserve banking lends out deposits. This creates risk, but the net assets on the books remain the same (actually assets increase due to interest). With USDT, they may have bought something like commercial paper, which would be si
3.
by simulate-me 4y ago
Ah yes, ultimatums always boost morale when the stock is down over 70%. Attrition is likely to be an issue.
4.
by simulate-me 4y ago
To me, "nanocules" sound like small molecules, which is the opposite of a protein.
5.
by simulate-me 4y ago
Aren't proteins basically tiny mechanical machinery?
6.
by simulate-me 4y ago
It would be easy to falsify this evidence with a natural ancestor to Covid-19.
7.
by simulate-me 4y ago
Can these clone passive RFID dongles? My building uses them and they charge $60 for a copy. Not needing to buy a copy from my building would almost cover the cost of this device.
8.
by simulate-me 4y ago
The price may also decline just because borrowing is more expensive. The difference between 2 and 6 percent interest is huge.
9.
by simulate-me 4y ago
One way I could see this being cool is to drastically cut down the training time of some specific task. DeepMind's model can do a lot of things, but none particularly well. It would be nice if you could start with their model weights a
10.
by simulate-me 4y ago
Production has resumed: https://twitter.com/terra_money/status/1524812171179327488
11.
by simulate-me 4y ago
Does it really suck? His leave is getting paid and he's getting severance, which is essentially more paid leave. He can spend more time with his child. He might actually find it preferable. Having recently went on paternity leave mysel
12.
by simulate-me 4y ago
Ok, here are the facts from the link: 1) Peter Daszak, president of EcoHealth Alliance, was involved with viral research at the WIV. He received a grant from the NIH titled "Understanding the Risk of Bat Coronavirus Emergence." Th
13.
by simulate-me 4y ago
Quantum computers were theorized in 1980, and there still isn't even a basic prototype. 18 years later, the first 2-qubit quantum computer was built. There still isn't anything usable after 40 years.
14.
by simulate-me 4y ago
> Uh, thanks for the link, but better if you'd just spell it out so it can be examined and responded to here. I'm not going to respond to a link. If you don't want to spend even a basic amount of time to learn about a top
15.
by simulate-me 4y ago
This article covers a lot of the circumstantial evidence supporting a lab leak: https://www.vanityfair.com/news/2022/03/the-virus-hunting-no... There basically is no evidence of a natural origin. No ancestors
16.
by simulate-me 4y ago
What’s wrong with using a single canvas? It can be faster. Google Docs and Figma, for example, use canvas rendering
17.
by simulate-me 4y ago
Maybe we're discussing different things. I was responding to the claim that higher taxes doesn't cause people to move. Just because high earners live in NYC doesn't mean that there weren't some high earners that left due
18.
by simulate-me 4y ago
It's easy to hate on SPACs. The duds brought to market were numerous. However, it was refreshing to see some new companies go public, which briefly reversed the trend of companies staying private for longer and longer. Rather than hate
19.
by simulate-me 4y ago
You can use arrays, but if you want to maintain the Elm-like model of before and after states, then you need to explicitly copy the array into the new state rather than rely on Go copying just the pointer.
20.
by simulate-me 4y ago
Middle-sized companies usually pay dividends because that’s how the profit is moved from the business to the owners. Unlike many public companies that focus on stock growth as the main driver behind of providing shareholder value.
21.
by simulate-me 4y ago
One thing that I like about this is the implementation of returning state from the Update function. My only experience with Elm-style architecture is with react / redux which involves meticulously copying pieces of the state object to
22.
by simulate-me 4y ago
Sure NYC has certain desirable aspects. Seattle has a different set (e.g. way better nature). The point isn’t to compare the cities to find the absolute best. Rather, the question is whether or not the benefits of certain cities or worth th
23.
by simulate-me 4y ago
Assuming an algorithmic stable coin could work reliably, wouldn’t it be strictly better than a stable coin backed by fiat? Getting it to work seems like it would be a real innovation.
24.
by simulate-me 4y ago
How many recessions happen when a bunch of people think a recession will happen tomorrow? The Fed is trying to reduce inflation. It seems like they’ve done a pretty good job of doing so just by signaling an aggressive rate increase schedule
25.
by simulate-me 4y ago
There is still 1.8T sitting in banks (based on reverse repo rate) with absolutely no purpose. It will be interesting to see what happens to this money.
26.
by simulate-me 4y ago
What did they invest in?
27.
by simulate-me 4y ago
Seattle and Austin are totally comparable, even preferable, to NYC and SF in many ways. So yes, all else equal, why not save an extra 10% of your income?
28.
by simulate-me 4y ago
This is anecdotal, but I know multiple people who have moved to Washington and Texas from NY and CA specifically to save on taxes from large stock grants at tech companies. I don’t think this is a unique experience in the tech industry. At
29.
by simulate-me 4y ago
Who funds the more expensive tiers?
30.
by simulate-me 4y ago
If you become an integral part of the logistics pipeline for the military, then yes. Even if the company seems relatively civilian, you can bet it will be forced to focus on the military in the event of a military operation.

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