> You can easily put stablecoins in a Lulo savings account and get 5% interest instead of 0.1% or whatever your bank provides. Yes Lulo has insurance.
From Lulo's site[1]: "Lulo’s yield comes from interest paid by traders and borrowers in integrated DeFi protocols. These loans are over-collateralized with assets like SOL, ETH, and BTC, reducing lender risk."
SOL, ETH and BTC as collateral? What if their value goes down? We know what happened when the banks made bad housing loans (2008 sub-prime mortgage crisis). At least the houses had some tangible value - bricks and mortars. Crypto seems like a fiat currency minus the "full faith and credit of the United States government".
> 1234.56 in PyUSD means you get 1234.56 in Chase or Wells Fargo or whatever. In future your bank will hold these assets directly without need to off-ramp at all.
If the appeal of PyUSD is that you can convert it into equivalent USD anytime, why do we need PyUSD at all? What's the value-add, apart from low transfer fees?
>The much needed immigration should rather come from countries with similar society and culture to us Europeans, rather than India.
The mass emigration from India is a direct consequence of India's poor wages and living standards. If that was not the case, most people I know (and I myself) wouldn't have emigrated. From what I see[1], the average South American is much better off than the average Indian. Maybe that (and India's huge population) explains why South Americans do not emigrate as much[2] as Indians?
In other words, people from "countries with similar society and culture to us Europeans" may not want to move to Europe. It's all supply and demand at the end of the day
> Video games are far too derivative to be taken seriously as art
Even something like Europa Universalis IV? How is that derivative? I know of no other art form that will feed my fantasy of turning a no-name island in the Indian Ocean into a globe-spanning trading empire.
Even if they are available on your street, each building and individual flat has to be connected. For blocks of flats that's not always straightforward.
In fact, I have probably saved some readers the trouble of also opening a new tab and looking for this added context, by providing it directly within this thread.
China was the most populous country on earth for a very long time, that is common knowledge among educated people. It makes a difference in the story if they're struggling in an economy five times wealthier than India's.
That's why I looked it up. That's why some other people will look it up.
This is the population difference we're talking about:
> Realistically, moving abroad is tough but I want to! I applied to a lot of startups but not getting any positive response.
I was in a similar situation. After being bored doing CRUD, I applied for a masters program and moved to Germany in 2019 (I was 26 at the time). One of the better decisions I’ve made.
There is no tuition fee (!!) in Germany for international students, and it is not that hard to get admitted to _some_ university (though actually graduating is hard). Computer science masters programs are usually in English. It is a fairly risk-free way to try out your hand at some research, and if you don’t like it, you can always find some software engineering job.
It’s not going to be easy - university applications are a pain in the ass, you will still have to learn some German e.t.c. But it’s a good way to “reset” your life.
> I hate leetcode and that keeps me away from most of the job opportunities.
One way out of this is to interview deliberately at smaller companies.
If I don’t like my coworkers, I’m out. I like people who give a shit about the work I do (a.k.a “collaboration”). “Whatever, you own it” is just lazy for “I can’t be bothered to understand what you are working on”.
The problem is not the collaboration, it’s the ineffective collaboration. Maybe the author should fix that instead of pitching magic anti-collaboration click-bait pills.
Also, the problems you solve must be pretty straightforward and unambiguous (or you have a small codebase) if you have the luxury of being able to just make a pull request for it.
It's obviously written in a "hot take" fashion, to be deliberately provocative. Taking it literally would be foolish but there is certainly some degree of truth in there.
Any meeting with more than 3-4 people (and maybe even less) is probably a waste of time.
Creating a PR doesn't mean everyone just accepts whatever change you've made. But it certainly gives something unambiguous and tangible for people to form their objections around. Rather than objecting to some misinterpretation of the idea in their own head.
I moved from Germany (Cologne) to London recently and I am surprised to read that UK has safer roads than Germany. I have not yet driven in London - but I have driven in Germany and I have bicycled in both countries. London is hands down terrifying to me. Certain kinds of drivers (eg: vans) seem deliberately hostile to cyclists, and plenty of people park in a cycling lane. Never seen that happen in Germany with such frequency. Also, roads are bumpier - what’s with that?!
Now, cyclists in London are a driver’s nightmare. I’ve seen people barrel down a junction at full speed and jump a red light. This lack of desire for self-preservation is startingly common.
Between the hostile vans and the daredevil red-light-jumping cyclists, I am baffled at this report. Perhaps mortality rates are low, but injury rates are much higher than say, Germany?
> Facebook is widely hated and embarrassing to work at.
Not sure it's widely hated (disclaimer: I work there), despite all the bad press. The vast majority of people I meet respond with "oh how cool!" when they hear that someone works for the company that owns Instagram.
"Embarassing to work at" - I can count on one hand the number of developers I've met who would refuse to work for Meta out of principle. They are there, but they are rarer than HN likes to believe. Most devs I know associate a FAANG job with competence (correctly or incorrectly).
> Could Facebook hire away OpenAI people just by matching their comp?
My guess is some people might value Meta's RSUs which are very liquid higher than OAI's illiquid stocks? I have no clue how equity compensation works at OAI.
Within my (admittedly limited) social circle of engineers/developers there is consensus that working at Facebook is pretty taboo. I’ve personally asked recruiters to not bother.
Honestly I’d be happy to work at any FAANG. Early FB in particular was great in terms of keeping up with friends.
I’ve only interviewed with Meta once and failed during a final interview. Aside from online dating and defense I don’t have any moral qualms regarding employment.
My dream in my younger days was to hit 500k tc and retire by 40. Too late now
By defense do you mean like weapons development, or do you mean the entire DoD-and-related contractor system, including like tiny SIBR chasing companies researching things like, uh
"Multi-Agent Debloating Environment to Increase Robustness in Applications"
Which was totally not named in a backronym-gymnastics way of remembering the lead researcher's last vacation destination or hometown or anything, probably.
I work in this space (pretraining LLMs). It looks fancier than it really is. It does involve wrangling huge ymls and writing regular expressions at scale (ok I am oversimplifying a bit). I should be excited (and grateful) that I get to work on these things but shoddy tooling takes the joy out of work.
From Lulo's site[1]: "Lulo’s yield comes from interest paid by traders and borrowers in integrated DeFi protocols. These loans are over-collateralized with assets like SOL, ETH, and BTC, reducing lender risk."
SOL, ETH and BTC as collateral? What if their value goes down? We know what happened when the banks made bad housing loans (2008 sub-prime mortgage crisis). At least the houses had some tangible value - bricks and mortars. Crypto seems like a fiat currency minus the "full faith and credit of the United States government".
> 1234.56 in PyUSD means you get 1234.56 in Chase or Wells Fargo or whatever. In future your bank will hold these assets directly without need to off-ramp at all.
If the appeal of PyUSD is that you can convert it into equivalent USD anytime, why do we need PyUSD at all? What's the value-add, apart from low transfer fees?
[1] https://lulo.fi