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If they make single market predictions with high accuracy it is very very likely they are

No vigilant insider is making a series of "single market predictions with high accuracy" on the same account. They would make unlinkable bets on fresh accounts.

> No vigilant insider is making a series of "single market predictions with high accuracy" on the same account.

There seem to be quite a few non-vigilant insiders. That's the very premise of the post we're discussing.

This is unsurprising to anyone who's seen the various ways people get busted for insider trading in equities.


Also insider trading is A-OK on prediction markets!

Openclaw is on it

No serious company wants their key users to log into a platform with their personal accounts, this would be a security nightmare and asking for trouble

I wonder how exactly is social media managed at larger companies. I never found an enterprise type login for Facebook, and the only way to log in is by first creating a personal account?

you’re supposed to use your personal account to create a business “profile” for the company you work for. the company is supposed to have created a space for it on business.facebook.com

creating a “pro” facebook account is indeed disallowed by the facebook’s policy

I’ve done that multiple times. works well but you indeed to not have a clear separation between work and personal life, which is not good. I don’t mind it because I don’t use facebook, but it could be a problem for other people.

I honestly don‘t get how facebook think the world works…


Usually through enterprise social media management apps. Hootsuite is the first that comes to mind, I'm sure there are many more. But I don't know what the auth looks like underneath that, an API for sure, but whose token?

You just opened a huge nostalgia portal, never thought that Dreamweaver would still be around, I used that somewhere around 2003 I believe. Good memories


Frankly I wish there was an HTML editor that delivers on what it promised. I mean, markdown is almost as rife with edge cases as YAML and somehow the link syntax still eludes me. If we could “just” template by merging at the DOM level and had decent HTML editors the world would be a different place. But yeah, Adobe probably thinks Dreamweaver isn’t worth maintaining just as they seem to think Photoshop is barely worth maintaining (they keep adding AI features that sorta work but the foundations seem to be much worse than Illustrator)


The two of you might simply talking about different locations. This article seems very US focused, but in europe third places still exist, and it seems the US is having a severe decline in those.


I'd argue crypto casinos (pump.fun comes to mind) would not work without stablecoins because no one would back them with real dollars.


But stablecoins are backed by real dollars.

People hold dollar-backed stablecoins because they believe the US dollar to be the most durable unit of account on the planet.

All the proof you really need for that is that most crypto users outside the US still consider the value of their crypto tokens in terms of how many US dollars it’s worth.

The author of this article talks about this being a “parasite” to the US monetary system, but it’s hard to think of a better thing that could’ve happened for the US. Not only has it reinforced that dominance… it’s also driven hundreds of billions of dollars of US treasury bills purchases from providers like Tether and USDC.

https://tether.to/en/transparency/?tab=reports


Stable coins are mostly backed by Treasuries, so it’s engineering instability: a run on coin redemption triggers treasury sales which raises interest rates which triggers a run on any asset backed by treasuries like coins, and so on.

It’s like the 2008 crash: people speculating because they think housing never goes down, except a market-scale drop can trigger an uncontrollable rush for the exit. With banks and companies permitted to hold coins as assets, the impact is broad but impossible to regulate ex ante, and difficult to model monetarily.

It’s what I would do if I were Putin and Xi, frustrated with the western controls on the banking system (that have mostly enabled us not to have to go to war).


No one is speculating on stablecoins.

Keep in mind stablecoins aren't a product built for Americans, they're built for people outside the US financial system to give them access to some of the benefits of the US's relatively solid money.


Please tell me you're not linking to one of the biggest frauds of all time as evidence of doing the right thing and being backed by real dollars?


If it's a fraud, then it's one with a working product.

In 2022 when confidence in stablecoins plummeted after the Terra collapse, $20 billion in Tether was liquidated in a month - $10 billion of that in a single day: https://www.coingecko.com/en/coins/tether

Through that black swan event Tether did its job, processing redemptions for collateral dollar for dollar.


One point is missing for me - you get lazy. People are less and less equiped to think about complex problems the more they RELY on this for coding. Also this article is just about coding.


Not sure why more people aren't mentioning this. But that's the exact reason I've stopped using any LLM stuff. Your thinking just gets lazier and lazier the more you use it. You stop thinking the problems deeply and thoroughly when the "answer" is just around the corner. Then one day you snap out of that mirage, and see what a boatload of junk you've just created with this stuff.

I also dread what's going to happen to the younger generations which have this to replace their real education, but that's a bit offtopic here.


Depends on the context - in a scripting language where you have some kind of console you just don't copy all lines, and see what each pipe does one after another. This is pretty straight forward. (Not talking about compiled code though)


More big money swooping up journalism, what could go wrong.


From a "neutral" perspective it gives them legitimacy From a "maximalist" perspective it gives you access to government From a "scammer" perspective it gets you tax dollars and average Joes


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