Friday, May 20
- Quick one again because reasons.
- Web3 is going great. (Web3IsGoingGreat)
A daily update of digital disasters, including the note that Terraform Labs' (the company behind the late Terra and Luna cryptocurrencies) entire legal team resigned this week.
From comments on Reddit:
Web3 is a whole lot of ponzi scheme.
Come on, that's not fair.
There's also pump and dump schemes, market manipulation, rug pulls, blatant money laundering, and half a dozen other things I can't remember right now. They've been quite imaginative in their breadth of scams and calling the whole thing a bunch of ponzis really sells it short.
- Twitter will hide tweets it deems to be sharing false information during events it deems to be a crisis. (The Verge)
Similar to the way they currently hide "sensitive" images, which is to say they will mostly get it wrong even if you buy into the assumption that it should happen at all.
- Netflix has made it's broken user interface into a feature. (9to5Mac)
I cancelled my subscription because it took longer to find something to watch than it did to watch it.
"Mystery Box" solves this by just shoveling random crap at you.
- China is set to ban Chinese spy agency Huawei from building the country's mobile networks. (CBC)
Really keeping on top of things, eh?
- Framework now offers 12th generation CPUs in its repairable laptops. (Tom's Hardware)
And a replacement motherboard if you want to upgrade from an 11th generation model.
Also coming is a 2.5Gb Ethernet module - the system has four swappable I/O modules, with a choice for each of USB-C, USB-A, HDMI, DisplayPort, microSD, and now wired Ethernet.
- QNAP. (Bleeping Computer)
It seems we all owe wildcat banks an apology: They were bastions of rock-solid plain-dealing in comparison, they just occasionally made a bad loan with hard money.
Posted by: madrocketsci at Friday, May 20 2022 09:28 PM (hRoyQ)
I'm apparently some kind of chump. I studied to be an aerospace engineer, because I wanted to build aircraft and spacecraft. With one short-lived exception, I've been stuck in powerpoint hell my entire career. I make okay money, but it'll take me 10-15 years to pay off my house assuming everything doesn't collapse.
I've watched my parents grind themselves down trying to keep a legitimate business doing vital work alive through taxes and recessions, barely scraping by and always on the knife edge of losing everything. I'd like to rescue their business but I don't have the money, and inheritance laws will ensure they go bankrupt in the end.
(PS: those pretty much cover the two branches of this comic: https://dilbert.com/strip/1996-06-02)
I've been "learning to code" and trying to sell software on the side (when I have an employer that doesn't claim all my intellectual output as their property.) No one actually *buys* software anymore, apparently. (Haven't given up on this yet).
Apparently what I should be doing instead is launching shell games and ponzi-schemes, grabbing ahold of crazy money that I could never earn in a legitimate career from other weasels who laundered it ultimately from the government printing it out of thin air.
I hate the world.
Posted by: madrocketsci at Friday, May 20 2022 09:40 PM (hRoyQ)
If only the people trying to descredit cryptocurrencies were that smart and/or competent. The problem is that very few people have any idea what it really is, and the scammers know this (just look at the ads over at Ace's: "You Don't Have To UnderStand Crypto, Just Follow Someone Who Does". "Gee, Wally, that sure doesn't sound like a scam to me!"). Those of us who do glimpse a bit of a shade of the madness are generally either holding a lot of bitcoin and not selling any time soon, or not buying in until it all goes the way of the tulip craze.
I mean, tulips are still around, and you can still buy 'em, plant 'em, and even make money cultivating and selling 'em.
Posted by: normal at Saturday, May 21 2022 10:40 AM (obo9H)
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