parsimoniousplb

That would be Cap'n Proto RPC

He hasn't and he's performing at a higher level than ever, but I don't think that's what you're asking. You are looking for permission to be normal and like the guy, as the majority of the general public does, but you will not receive it on this site. It's now just geezers upvoting Alzheimers research, articles from The Atlantic telegraphing the party line and the occasional "I rewrote this thing that already works in Rust". I'd suggest you get on X for tech news instead.

In case someone is interested in shorting Tether, thanks to DeFi this can now be done without explicit exposure to a crypto exchange or dangerous BTC shorts. For the uninitiated, I think this is also a good example for the kind of craziness that is possible now:

Deposit a "good" stable coin (for what counts as good in this space, which is USDC) on Aave or Compound and borrow Tether against it (75% and 80% loan-to-value respectively). You can now either send it to an exchange (e.g. Kraken) and swap USDT to real USD, or go to curve.fi and swap USDT for more USDC and deposit back to Aave or Compound. Repeat until either 4x/5x leverage (theoretical max) or your personal risk tolerance is reached. Remember to service the position by depositing more USDC occasionally (otherwise will be liquidated with penalty). As of this writing, variable interest rate is ~3.5%, fixed interest rate is 11%.

Scenarios:

- USDT goes to zero, buy as many as needed for scrap, pay back the loan, free the original stablecoins, sell for real USD and make between 1.75x to 4x/5x, depending on which route you chose above.

- Both USDT and USDC go to zero, you lose between 25 to 100%, depending on the route you chose above.

- There's a USDT shortage (real or somehow engineered) and it goes way above $1 causing your position to be force-liquidated, causing you lose between 25 to 100%, depending on the route you chose above.

- Only USDC falls below peg (temporarily or permanently) and you get force-liquidated (25 to 100% loss)

- You forget to service the debt or a spike in the variable interest rate causes you to get force-liquidated (5% penalty)

- Tether never goes to zero and you keep paying 3.5% interest (variable)

- Smart contract hack / Ethereum shuts down, you lose up to 100%

- Unkown scenarios

While there's no explicit exposure to a crypto exchange, there's still the implicit exposure to Coinbase/Circle via USDC. DAI offers no escape here, since its 50% collateralised by USDC (the other 50% crypto would likely be in serious turmoil in case USDT collapses potentially losing its peg as well).

In spite of this, I think this is a considerably better way to profit from a Tether collapse then the much more dangerous route of shorting BTC futures, or shorting via an unregulated crypto exchange where there's no guarantee that they'll pay or even be operational in such an event.

Yes, but the British Empire was a thing, which is why "white" can be mocked and ridiculed in ways unimaginable to any other ethnicity. Science tells us so...

as I understand it, the correct keyword would have been "mostly peaceful protest today"

Surly noone in the orient ever expressed such opinions, least of which the japanese --known throughout asia and the world for their love and admiration of other races -- which is why the west is in desperate need to turn the lookingglass around and cleanse itself from all forms of racism, which it is uniquely capable of doing. Other races needn't play in this game.

One could say that this is merely the continuation of chauvinistic anglocentrism by other means, but to do so would embarass self-professed "anti-racists", hence white supermacy gets a new lease on life deep within the liberal mindset that nominally opposes it.

yes, how dare these business keep the wheels on society during a crisis. They should be punished. What's a thousand kids going hungry, but a small price to pay for all of society's ills perfectly adjudicated.

The democratic party is the party of the affluent and sacrosant, so it's no surprise that they opt to make a million poor families suffer so one injustice wouldn't slide.

Their fragile world view remains intact, while none of their constituents pay the price.

Just the make sure where you stand.

Exactly my thoughts. I thought this place had become more negative, but I'm still shocked at the results. Perhaps it's time to move on and find more positive technology communities. You don't happen to know any?

My deepest apologies for opining, comrade throwawaygh

> They have been corrected

This sounds like something a soviet comission would declare after an accident. What went wrong and how was it corrected? You needn't know, it has been corrected.