Qub3d

Its a great compliment to The Big Short (2015). The Big Short gives you a nice explanation of what the heck is going on but mainly follows "outsider" points of view, while Margin Call gives a sense of the thoughts and concerns of the big banks at the time. Both how deluded everyone was, but also how flawed and human the systems were (as they ultimately reflect the people that built them).

The context is that Jeremy Irons' character knew exactly what was going on, he wanted the risk analyst to state it to everyone else in the room, and keep him on track and focused. Right before that meeting, there is a scene as the characters walk in where they are warned by the CEO's right hand man not to try and bullshit, since he would know.

In the featured article, it delves into this a bit:

> Earlier, I said that 'Widevine-in-Chrome-on-Linux-on-aarch64' is not an officially supported platform.

> I lied.

> Chromebooks exist, many have aarch64 CPUs, they run Chrome on Linux (more or less), and they officially support Widevine.

The whole post is worth a read. Its pretty sort and well written!

I had to look it up too, pretty sure grandparent comment meant "if I understand correctly".

My Dad told me a story from the dot-com bust:

To save money at the time he drove a van for a carpool service (he could use it for free as a result). A lot of the guys on his van were in tech.

When the first rounds of layoffs hit, guys would get on at the end of the day and they would talk about their severance. The first question in response to “I got laid off” was “What’s your severance?”

At one point deep into 2002, he remembered a change. Now guys were getting on the van with all their stuff in a box. He played the game, even though he wasn’t in tech, and asked one of the guys with a box, “What’s your severance?”

He just got a flat look in response.

What does “EEE” mean in this context? End to end?

It's a good counterpoint to the equally throw away argument that "if you disagreed with x you should have shorted it".

The problem with shorting is you can't just be right about the eventual direction... You have to be pretty bang on with the timing as well.

Therefore it's absolutely possible for people to suspect or have strong belief that something is unsustainable without having the liquidity or confidence on timing to take action on it.

No it's not to say there aren't Perma bears and other I told you so people crawling out of the woodwork, but that doesn't mean that every person who didn't capitalize on this is Monday-morning quarterbacking.

The interesting question to be answered now is if "web3" skills are an effective substitute good (in the pure economic sense) for employers looking for developers.

I suspect a lot of pure web3 devs won't actually make a more competitive market beyond incentivizing yet another fizzbuzz-like hoop in the interviewing process to weed out people who learned about blockchain tech and otherwise can't code themselves out of a wet paper bag.

On second thought... I should acknowledge my elitism in that last sentence and maybe be more cautious. Good grief, I got my last 4 years of professional experience working on IoT, which I bet was looked down upon in a similar manner by others when it started.

Maybe the takeaway is that we should all to the best of our abilities keep at least a casual hand in the water of tech so we have a general idea of the current.