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Comment Re:Here's the simple explanation (Score 2) 13

From a technical standpoint your are correct. From a practical standpoint there is something we all are not seeing.

The industry has customers that place a lot of value on relative anonymity. There isn't anything inherently illegal, immoral, or wrong with 'dark money' either it really isn't anyone's business what anyone else invests their personal wealth in. (beyond basic tax law enforcement etc, which yes privacy does complicate)

The industry also must certainly be aware they make quite a lot of money off players who are in fact sanctioned, using their platforms in complex laundering schemes and the like.

I don't see anyone who is running and IB, brokerage, or exchange wanting to just make all that go away. Maybe I am to cynical but if the people in those positions were really the types to say "hey we are willing to make less money, for the greater good" well there are at lot of things like know your customer standards and the like they'd have beefed up voluntarily already.

So I am left with there is a plan here we have not seen yet, like charging premiums for coin blending services or other various proxy ownership games like invite only trading of in house assets off chain.

One thing I am certain of nobody is trying to give the SEC radical transparency out of the goodness of the big hearts

 

Comment Re:FOMO (Score 2) 33

Do Two parent families vs single parent families.

Making it in this world is about making good choices consistently. Constantly telling people the world is stacked against them (it's true, but for almost everyone) and that trying is a waste (it isn't) is a huge mistake. Citing your skin color for success or failure is simply a crutch.

Do 4 things, consistently leads to above average outcomes, on average because most people can't do those four things. Life does not have guarantees but it does reward good choices over time.

See Poker (and not sports betting) for example. Also, Poker doesn't care what color your skin is.

Comment Re:A Fool And Their Money (Score 4, Interesting) 33

The dumbest part of the entire thing is - a college campus is one place where it should be like super easy to find some folks to wager with. Maybe like I dunno talk to some of the guys in your hall, activity lounge, wherever.

Setup some squares - everyone can photo the board with their phones so there isn't any funny business. You could even like socialize and watch some of the sporting events, maybe find girls like sports to watch as well get a couple bags of chips and some sodas and actually have a good time?

Oh the best part some of these people you call 'friends' win and maybe you win next time. There is no house taking a cut...

i don't think a little friendly gambling with people know is to likely to get anyone into addiction or encourage people to take risks they can't really afford but commercial gambling be it on sports, prediction markets, or stocks is down right predatory. The pattern-day-trading rule exists for good reason - its to prevent Etrade from turning into Draft Kings, and it has worked. We probably need something like it for Sports/Prediction market betting. If you can't find 25k worth of assets to park in an account, then you should be limited to handful of bets/plays a week. That way people don't get hooked, and hopefully you don't get people playing with money they can't afford to lose as often because, by virtue of the fact if you can keep it on account for x days you don't urgently need it.

Comment Re:f**k around, find out (Score 1) 72

Is it true that sperm donors make money hand over fist?

I was paid $35 per donation, and was allowed to donate up to three times per week.

So, $105 / week or $5,460 / year.

That would be about $10k / year in 2025 dollars.

The clinic was a ten minute walk from my workplace, so I'd walk there and back on my MWF lunch breaks.

Comment Re:what a deal (Score 1) 41

More and more it seems like OpenAI's business model is turning into pure accounting gimmicks.

Options on datacenters that will never be built, investments from vendors who make the hardware (vastly more technically complex) OpenAI needs to do what they do, so OpenAI can turn around and spend it with them, and now money from mouse they will return in license fees..

Can't wait to read the reports when OpenAI goes tits up, its going to be Enron level exciting.

Comment Re:CVE process must step up (Score 1) 31

Right, the impact here really could be quite substantive. Take a look at SOAPwn as an example. It maybe wasn't found with AI but its the kinda bug fuzzing could have found and LLMs would actually be great at generating exploits for/against.

We are not talking about an issue in some random github project that got a little to popular to fast here, were talking about vulnerability that has existed in the .NET distribution for a very long time. The recent experiences with OpenSSL are again instructive, maybe its had many eyes being FOSS for a long time but, there are still as many rocks nobody has looked under.

I think we in for a rough five years or so in terms of having to patch major tech stacks at fire drill speed. I hope I am wrong.

Comment Re:Unfair title (Score 4, Insightful) 72

It was the sperm bank that didn't do the necessary checks

Was the test available at the time? Did other sperm banks check for this mutation?

and the sperm bank that shared his genetic material 200 times.

Way more than that. It was 200 babies, not 200 attempts. The success rate of artificial insemination is about 20%, so that's 1000 squirts.

Comment Re:f**k around, find out (Score 5, Insightful) 72

I was a sperm donor back in the 1990s.

The donors aren't "random".

They are screened for general health, genetic defects, and academic achievement. I had to show my college transcripts, provide a blood sample, and have a medical examination.

TFA describes a screwup that only happened because a test for the condition wasn't available. But many other tests were done, so the odds were still better than an old-fashioned insemination.

Many of the recipients are women in nuclear families, whose husbands have fertility problems.

Comment Re:Economic terrorism (Score -1) 201

My brain isnt the broken one. The legislative branch promising to over turn agency decisions (you dipshits belive are supposed to be independent, but we all know that is only when your guy aint in charge) is not the same thing as talking about overturning a legislative agenda. It is also not the same thing as an outsider saying it. If say James Carville, said it I'd take no issue.

Imagine if a bunch of Senators lines up and said just wait until we get party member in the White House, we are putting all of you in Detroit on notice, the EPA will be eliminating fuel economy standards! You would have cried foul too, and you fucking know it.

Comment Re:Now that's a plan. (Score 1) 38

You'd be amazed at how little effect firing execs actually has over the option of firing a bunch of low level worker bees .

Fire 1 exec for 12 Million salary
OR
Layoff 250 worker bees and save 25 million in salary expenses .

Nobody cares about workers at the level where these decisions are made.

Filed Under: "One is a tragedy, a million is a statistic" - Stalin (allegedly)

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