Exactly. I always found it strange when people assume that "hallucinations" are just some sort of a bug in the system, as if by you tweaking some code or training modality will produce an oracle of absolute truth incapable of making mistakes.
Still doesn't answer why you would need any crypto here. Why can't the USD transferred to stripe just be a record in an SQL database saying customer X has N USD in the account, and transferring that around could be done instantly at zero cost by changing an sql row.
There are all sorts of protections around who can be a custodian of someone’s money (for good reason)
However there are use cases like running a marketplace, where the platform would like to be able to direct the flow, maybe hold things temporarily in case there are multiple transactions or to split a transaction up between different clients, before paying it out daily or weekly as a lump sum. Often it’s just to avoid fees, because the marketplace operator charges their fees in a different way (like a flat monthly invoice) and they want to assist with money logic as a service, but not be the custodian of the money.
Even just knowing that money has moved at all can be useful, without any ability to touch it, and it’s difficult to get permissions from conservative financial institutions, whereas permissionless ledgers make it easy.
Crypto can help add that nuance. It’s still your money, but you can give a third party the ability to do some things to assist you, without giving the ability to transfer it all to themself and run away with it.
That sounds like banking or payment processing. Albeit with later Paypal has proven that you do not always need to return funds, but still there is regulatory history on that...
Stable coins are new enough and have not catastrophically crashed yet so there is less oversight.
so the short answer to the question of "why crypto" is just to work around regulation, to be able to act as a bank without the regulations that apply to banks?
Yeah and this is codified in the GENIUS act which passed recently. It enables tech companies to act like banks in certain dimensions, without being regulated like banks.
ah, okay, i see the part i'm missing here. the GENIUS act doesn't let "tech companies" act like banks, it specifically lets stablecoin issuers act as banks. so this is stripe's play to take advantage of that.
>The desire to come and immigrate to the US has greatly diminished
Do you have any data to back up that claim?
E.g. the number of diversity lottery applicants (one of the easiest proxies to judge how many people express their interest in moving to the US) went up from 12 million in 2011 to almost 20 million last year.
This thread is largely about college educated folks who represent a small minority of diversity lottery applicants. As to why the DV lottery has grown, I suspect it has a lot to do with it just having become more visible and known, growing hand in hand with increased access to internet and ability to apply.
Sure, if we are talking about the top end we can check the O-visas, the "extraordinary ability in the sciences, arts, education, business, or athletics" ones, both the applications and the issuance of those went up even more than the DV applications:
>day-to-day life is mostly similar to life in the west
The "happy path" is, the major differences start when you have any kind of a problem, then not having any functional institutions makes the experience _very_ different from the west.
I've some personal apps online and I had to turn the cloudflare ai bot protection on because one of them got 1.6TB of data accessed by the bots in the last month, 1.3 million requests per day, just non stop hammering it with no limits.
The pages are not static and require computation to serve, and there's more than one app on that same bare metal server, so it was negatively affecting the performance of a lot of my other stuff.
If I couldn't easily cut off the majority of that bot volume I probably would've shut down the app entirely.
Both of those things could be solved by just talking to people, and talking to people does not require you to use addiction machines.
I keep in touch with my friends abroad by emailing them when I think about them, and I get long form responses on what they are up to, not whatever is the public image filtered stuff that they may or may not be posting somewhere.
Why is it so difficult for half the people replying in this Show HN to accept that some people still want to use social media as social media and not just throw all of it out?
Or confidently declaring the _true_ motivations of companies/people, like they, the random internet person, for sure know why some company or a famous person are doing something, and express it as a statement of fact and an agreed upon common sense and not a speculation based on nothing.
Most seen on reddit but seems to be becoming commonplace on here as well.
