nostrademons
Joined 19 years ago
Joined 19 years ago
Though this is still relevant to policy-makers who are thinking of instituting district-wide bans. It's sorta like all the heat around critical race theory: banning something that doesn't actually happen much in schools.
Note that electing clowns to public office is not unique to NYC - we've had a reality TV star and an actor as POTUS (the latter also serving as governor of California), Toronto has elected a criminal as mayor, Minnesota got a pro-wrestler as governor, South Korea had multiple presidents resign in disgrace, and South America seems to have politicians ping-pong between prison and presidency.
The point of a cold wallet is to keep the private key physically offline. That way you know it cannot be stolen by electronic means, because the physical device containing the key needed to authorize transactions is locked up and not powered on. Then you only power it on during very specific, audited times and conditions when it's needed to fund the hot wallet, which does all the actual automated trading and transfers.
GP's point is to have all incoming transactions to an exchange go to a cold wallet, which becomes a one-way sink, and then periodically the exchange powers up the cold wallet to sign transactions transferring assets to the hot wallet, which then funds all outgoing transactions. This isn't a bad architecture, though I'm not sure it'd save all that much here.
All my NYC relatives seem to have choice (unfavorable) words to say about every single one of their politicians, and have ever since Koch's 3rd term.
It's hard to serve 11M people, so most people who get into that position do so by promising to serve 11M people and then serving themselves.
It's nuclear that continues to burn regardless of demand. The extra energy will heat your heat pipes up to 1000C but any heat beyond that is wasted.
Also, if you play Space Age you're well accustomed to using batteries (accumulators) to smooth out power spikes. Fulgora power generation through lightning rods is incredibly bursty, and if you don't drop about 20-30 accumulators per lightning rod you will waste power and not make it through the day.
You don't write about it in the NYTimes unless there's a purpose. That purpose is leverage. If you're negotiating, you don't blow all your leverage upfront; you subtly let the other party know you have it, and then wait to see if they play ball. If they don't, that's when you apply pressure.
Makes me wonder what the next headline is going to be, probably some deal between NVidia and the federal government over export restrictions or something.