dgivney

> The issue isn’t what can be done in PHP, it's what PHP encourages by default:

Lets break this done.

> global state,

PHP is stateless.

> poor encapsulation,

Encapsulation in PHP is mostly consistent with Java.

> inconsistent APIs,

PHP is written in C and an original design decision by those C programmers was to make the APIs consistent with libc.

> and difficult-to-enforce discipline.

Its very easy to enforce. All modern projects would run tools like Pint, Phpcs & Phpcbf to enforce their code standards and preferred style in their CI Pipeline.

They jump in front of speeding cars at night

Thanks for following up with those great answers - you've got a very interesting product. Best of luck!..

Hey guys, I have a couple of questions.

1. When you say 'Our Partners' invest the money - who are they? Are they US entities and/or how often are you and your partners audited? Will you and your partners make those audits public? I think that would be a selling point over the other stable coins.

2. You say that I can _always_ redeem my $1 Glo Dollar for $1 USD again. But if you're buying US Treasuries - only a few can redeem it when they want no? Others will have to wait for the bond to mature to get their money out. What percentage of reserves are kept in cash vs assets?

3. You don't mention how much basic income my $1 USD in your example above will generate. How much _good_ can I expect to generate with my $1?

4. Swapping $1 USD for a unit share of some US Treasuries seems like a simple transaction that would get played out millions of times everyday. Where does the crypto play fit into this?

> Brale initially retains 100% of the earnings on the first $2M of assets backing the Glo Dollar.

While trying to find these answers I noticed this statement at the bottom of your website. That's quite murky and I think you should mention that up front.

OMG madness! What's next? A Turbo button that actually slows down the CPU!?

Move fast and hallucinate things.

> It didn’t all go to him buying Lamborghinis

He cashed out $300M at Series B and took a $1B loan from FTX. So yeah, ~10% went to Lambos and the rest of the $10B to his gambling habit.

I agree, in a 90s system design meeting - security through obscurity is reasonably secure.

Sharing your key seems like the most 90s approach to system design.

"Only you and the search engines should know the key.. so obviously, we want you to host it in plain text, in the root directory."