carmen_sandiego

Joined 7 years ago

Karma
498
Submissions
239
Member since
Dec 10
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Comment · 2 years ago
I think China changes so fast that these fun personal touchstones come and go so quickly. I remember when I was first there you couldn't walk very far without hearing 'fapiao! fapiao!' from people selling them, so there must have been a fair bit of gaming cash-based payments, either for tax or company expenses purposes. Nowadays in Shenzhen I don't see that.

I used to adhere pretty strictly to the rules. Like I'd go register at the PSB as I moved around, all that stuff. At the time I figured, well, it's China, maybe they have some centralized place they're recording all this and they'll approve my next visa faster. But I've met other foreigners who just do not care about any of that, never register, and they get much better visa offers than I do. It's just a huge chaotic machine really.

You can talk to one official who'll tell you it's literally impossible to do X, where X is some thing that massively impacts your life there. Go to a different office or speak to a different person and oh yeah, you want to do X, no problem, and it's done in five minutes.

That drives some people crazy but I recommend anyone to experience China at least once in their lifetime. It's a very perspective-changing place.

Comment · 2 years ago
Nobody asked me for a visa in 2015, and I was on a tourist one at the time so it can't even be some unified database thing they were using. A nice thing about Chinese banks is they can just hand you the card over the counter as well. That would never happen where I'm from in Europe-you have to wait for it to get mailed out to you.

Then again, I often find in China that workers/officials/whatever make up the rules on the spot, depending on what they know how to do, or what they consider too mafan. So maybe some will just 'feel' like you need a visa and others won't.

I get a similar thing in hotels where they can't be bothered to register my passport with the PSB, because they don't get many foreign visitors and so e.g. the computer to do it is not turned on. So they just don't do it.

I would guess you could get a hole in the wall to take cash most of the time, I just never see it done. One problem with cash in China is that the largest note has a pretty low value given how inflation is going and how costs are in tier one cities. Chinese people seem to think this is some kind of image management thing, where if they issue a larger denomination everyone will start freaking out about inflation. But I guess it's moot given how cash is losing favor anyway.

Comment · 2 years ago
You can open a bank account in China without any real requirements and thus have a 'local' card. You just need a passport, phone number, and a local address (a friend's is fine).

And yes I think long long ago the WeChat setup would expect a Chinese ID number, but for at least some years now they've accepted passports as an alternative.

But very recently (in the last six months) they've started allowing foreign cards for WeChat pay. So you can add a card and pay for things in store, but not access the more general money transfers, red packets, etc. that people do with it. I guess those have stricter KYC requirements, plus they are keen to stop money getting out of the country.

Smaller places I never _see_ take cash, always WeChat, but I suppose that doesn't strictly mean they won't take it.

Comment · 2 years ago
China has decoupled a lot more since then. If you visit now I would say paying for things smacks you in the face way before access to Google services does. Recently they've enabled foreign cards so you can pay for stuff in stores with WeChat but it's still something you need to set up. The uninitiated just come and assume they'll use Visa/MC.
Comment · 2 years ago
Most Americans don't even have a passport and have never left the country apart from Canada/Mexico. But to be fair I find Chinese people's views of America are equally based on cliches.
Comment · 2 years ago
> Its biggest competitor in the country famously has a cheese-flavored latte.

Actually Starbucks has that too, you can get it in 7-11. It's not like it has a 'Cheesy' flavor though; more of a creamy dairy thing to it. 'Cheese' is a pretty common addition to dessert drinks in China and to my Western tastes is pretty good.

Comment · 4 years ago
It's AH so... more hype when they want to advertise it?
Comment · 4 years ago
I don't think they typically include theft by those who have the private keys.
Comment · 4 years ago
The counterbalance is that this is like a game of hot potato. You set up your platform with known flaw, and you wait around trying to hit max locked funds. But the whole time you're nervous someone else is going to spot the issue and take it before you do.

If that happens, and you used some kind of personal credibility to set it up, you've missed your shot.

Comment · 4 years ago
The loan is zero-risk for the lender because it's taken out and repaid within the same transaction (sort of like a database transaction). If the borrower fails to repay, the entire transaction fails/reverts and the money is never lent out.

Now, the borrower doesn't only have to put the borrow and repay calls into that one transaction. They can put anything in between, for example interacting with Beanstalk.

Comment · 4 years ago
Then I think you are assuming your premise/begging the question. You constructed the conditions in a way that leaves no room for a valid example. If you think crypto itself is a greater fool scheme then purely definitionally there can be no example of a non-greater-fool-rooted crypto business.
Comment · 4 years ago
I mean, most legit exchanges are not 'rooted' in scams, even if some of their employees take advantage. The only way you could say Coinbase were 'rooted' in that is to assume your premise: that crypto itself is a scam.
Comment · 4 years ago
> if the new place you were applying called, and asked me, "Do you have any feedback about X candidate?" You better believe I had things to say about the people who were negative.

> And bosses are petty, they'll get revenge if they can. And odds are you'll need them to say something nice about you at some point.

You're opening yourself and your company up to getting sued. An employee uses the exit interview for the purposes the company claims they're for and you take 'revenge' on them? That's pretty unprofessional. You should be trying to change the fact that the exit interview unfairly impacts your perf review, if anything.

Comment · 4 years ago
Which standard is that? ePubs, for example, use canonical fragment identifiers, which could also work on HTML. I think hypothes.is uses them too but adds fuzzy matching fields so that they can match up after document changes. At least from what I remember

I'm working on an annotation project myself, though not really related to what the parent commenter is looking for. A generic solution to the highlight/annotation problem is quite difficult, especially if you allow for document changes.

Comment · 4 years ago

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