Forgot your password?
typodupeerror

Comment Re:TypeScript? (Score 1) 65

JavaScript is actually a pretty interesting, powerful language, but one with quite a few problems. (I recommend the book JavaScript: The Good Parts by Douglas Crockford if you want to learn more about that.) TypeScript solves some, but by no means all, of those problems. From what I've heard, it's increasingly popular.

Comment Re:Meal Team Six: The Keyboard Warrior Chronicles. (Score 1) 188

Fraud. I'm talking about fraud.

When I say "destroyed the market for that model" I mean "the short-seller spread misinformation that severely and permanently reduced the value of the vehicles, such as falsifying evidence they were dangerous, from which the brand never recovered."—even if such deception were prosecuted (which, increasingly, under the current administration, it isn't) there is a massive temptation to attempt it, which is amplified by leveraging debt.

Comment Re:Meal Team Six: The Keyboard Warrior Chronicles. (Score 4, Insightful) 188

That is ideal. Economic growth is not an unqualified net positive for society, and lending is the root cause of most of its ills. With borrowing as it is practised by hegemons today, there are only two endings: either they must close the loop, using the dirty money to architect a revenue-extracting monster that milks non-borrowed money to pay off the debts, or the system collapses under its own weight, like Bernie Madoff's Ponzi scheme in the 2008 financial crisis. Debt creates its own incentives to abuse the commons and impoverish the public.

Of course, not being content with abusing the commons, there are also implications for abuse of single wealthy lenders, too. It would also effectively outlaw short-selling, since that consists of borrowing assets—the items being traded—then destroying the price, and pocketing the difference. If you think about it, this isn't even adding value to the economy; it's just skimming value off the inventory of whomever you're borrowing from.

If anyone tried this with a physical asset the lender would be apoplectic: "You borrowed 50 cars from me, sold them, destroyed the market for that model, and bought them back at a pittance. Now my inventory of 1,000 cars of the same model is worth a thousand pittances! Why would I ever do business with you ever again?!"—it only works as a system if the lender assumes that the assets will recover value over time, but the degenerate gambler doing the borrowing is incentivised to outright ruin the assets they're borrowing beyond any hope of recovery. In a sense they're even less ethical than corporate raiders, since both the company who issued the stock and the lender are being abused.

Comment Re:Meal Team Six: The Keyboard Warrior Chronicles. (Score 5, Insightful) 188

Yes, Polymarket is the most degenerate, nihilistic, accelerationist bullshit imaginable. At best its creators are willfully in denial about this, since they have tried to ban assassination bets, but more likely they are just trying to maintain a facade of plausible deniability.

In a healthy society, the case of Polymarket would be studied as precedent in an ongoing debate about the possibility of criminalizing the very concept of financial speculation, especially placing a bid with borrowed assets.

Comment Re:Is this for real? (Score 1) 34

Choose your adventure books are AWESOME. I had a time travel one that I probably worked my way through a hundred times, always coming up with different scenarios. It was like training wheels for the imagination, with just enough guidance to keep you from spiraling out of control, but still let you stretch.

There was one called Inside UFO 54-40 that had an ending you couldn't navigate to. You had to "cheat" to find it, by just reading a section of the book that you had no way to reach. I thought that was pretty clever.

Similarly, Infocom had a text adventure game called The Lurking Horror that needed you to enter a computer password at some point to continue with the game. The password was only provided in the physical materials included with the purchased copy of the game. But if you knew how to hack into the game binaries, the password was actually there -- multiple times -- in plaintext. That had to be intentional.

Comment Re:Seriously ...? (Score 1) 255

The same business as any other police officer has in arresting (and shooting, if they feel threatened) people who interfere with their duties.

Except ICE isn't ordinary police. They're described as law enforcement officers, but their jurisdiction encompasses only a very small range of laws, related to immigration and customs (hence the name). Plugging multiple rounds into U.S. citizens who piss them off for some reason is not within their mandate.

Slashdot Top Deals

We cannot command nature except by obeying her. -- Sir Francis Bacon

Working...