thkim

Whether or not authors are credible, instead of the claims, is not a scientific discussion.

Since when is ad hominem a part of evaluating claims?

I did not say I consider private research in some sort of higher level than public research. I only said they have no incentive to do full disclosure right now. Without knowing exactly what they know, it is insulting to authors to describe, or even hint, them as avoiding to accept failture. It is simply unwarranted ad-hominem and not contributing anything to academic discussion at this point.

Original authors have been working on it for 23 years since they first found the material in 1999. They are part of private institution and have no incentive to rush the disclosure so that other labs can catch on their life's work. Authors already have stated they will publish more information next year. It's pretty arrogant to draw premature conclusions on quick analysis and demand the authors to disclose more information right now, when they are clearly not obligated to anything.

Algo trading != HFT. HFT is a type of algorithmic trading strategies, categorized by trading interval. In the same categorization there are mid-freq strategies as well. The term "high frequency" is rather subjective, it depends on what alpha you're targeting after.

OK so Tether went from 83bn to 73bn... what's the big deal? It's not like LUNA.

I think Tether can get away with less than 100% collateralization. At the current market cap of 82bn, even if they are only 20% collateralized, it takes 16.4bn one way movement to deplete their reserve. Is that likely event? Guess it depends, but I think market makers would be more willing to backstop them than UST shitshow. UST has "death spiral" structure that makes MMs less willing to backstop them once it goes on a path, which is exactly what hedge funds attacked against these past few days.

Which part of it is "stupid" ? Please have some respect.

From my experience, this is true, but reward is not why such behavior becomes culture. Culture is ingrained by leaders who act and lead according to value organization adheres to. The key here is to have leaders at every level who embodies such value. Having such values baked into performance evaluation is how "reward" plays a role in engendering and sustaining such culture. It is about whom does the organization promotes and chooses to be a leader. It's not about simple salary increase or cash rewards, as such things don't last more than a few months.

I sense negative images on the term "growth". Yes, "growth" often employs methods that are borderline scam. It's exactly what they are hired to do: enlarge and fix funnel at all stages. There's nothing inherently wrong with what "growth" team does. Think of them as aggressive salespeople - as long as product team delivers, you will see fundamental business growth. If you product team can't keep up, well, that's not sustainable.

A society where quickest decisions are made would be either 1) dictatorship or 2) non-human, i.e. AI based. Would that be a good society to live in, I can't tell for sure. I can say for sure that democracy is designed to be slow and inefficient with regards to decision making. We humans need time to understand, think and argue. We have slow decision making system so that we may reduce chance of error. I think "fast and efficient" are wrong benchmarks.

I don't agree with this argument. Open source contribution is a fine art. Half-baked pull request is a nightmare for already-strained code reviewers. It does not help open source community as a whole.

It's not politically correct nor polite to say this, but Japan's problem is their education and cultural system ingrains subservience to the point that Japanese people are subservient even to injustice. It's not just inefficiency Japanese people put up with, they don't do anything about corrupt and ridiculous politicians having their way through generations. They call it a tradition, but they are just afraid of speaking out because of peer pressure. It's like a mafia system. I know that I sound very broad and generalizing, but those who have lived in Japan for long enough would probably agree with this.