11 Matching Annotations
  1. Nov 2021
    1. VANEK SMITH: ...At the top of the show, I played you some auction tape - right? - from Sotheby's. A copy of the Constitution, very rare original copy of the Constitution went to auction. And this group of crypto investors kind of pooled their money and came really close to owning a copy of the Constitution. So they formed something called a DAO, which is a decentralized autonomous organization. WOODS: OK, sounds ominous. VANEK SMITH: It sounds ominous. At first, I got really excited because I thought it was like a time share. WOODS: (Laughter). VANEK SMITH: And I was very excited at the idea of a time share purchasing the Constitution. It's not quite that. It's basically like a collective bank account where a bunch of people can kind of anonymously pool their money. When you put money into a DAO, you get a little governance token, they call it, so that you can be part of a little voting body. You can kind of decide what you want to do with the Constitution. More than 15,000 people pooled their money - around $40 million in all - and they made a bid for the Constitution. And it kind of seemed like it was going to be a lot because $40 million is just a lot of money, and it sort of started to seem like this - it was going to be this Nicolas Cage-style movie where, you know, like, the crypto collective gets the Constitution. Ultimately, they did not get it. They were outbid. But it's a really interesting idea - this, like, DAO collective. But this did not happen. Fiat currency won the day. In fact, the Constitution was ultimately purchased by this hedge fund CEO. But anyway, cryptocurrency is coming for us all. They came really, really close to buying the Constitution. WOODS: Yeah. I mean, what will they buy next? I mean, what's after that? VANEK SMITH: Well, I have an answer to that, too, Darian - the Staples Center. So... (LAUGHTER) WOODS: Right. VANEK SMITH: That's my other indicator of the week - $700 million. You know the Staples Center in Los Angeles where the Lakers play? It is now, as of next month, going to be called the Crypto.com Arena. WOODS: Rolls off the tongue. VANEK SMITH: It rolls off the tongue. It's like one of the largest naming rights deals in sports history, if not the largest. So cryptocurrency has now purchased the Staples Center. WOODS: OK. Is this the week that crypto went mainstream, do you think? VANEK SMITH: I don't think it's quite mainstream yet. I don't think most people own cryptocurrency. WOODS: Yeah. VANEK SMITH: But cryptocurrency owns us (laughter). Maybe that's...

      A mainstream NPR podcast briefly discusses DAOs in the context of the bid from "ConstitutionDAO" to bid on and purchase an authentic copy of the US Constitution via Sotheby's. Amusingly, her description repeats the word "little", like "little governance token" and "little voting body".

  2. Oct 2020
    1. Will the CRA allow qualifying employers to amend choices and elections? The CRA confirmed that it is considering whether to allow qualifying employers to revise their CEWS-related choices (or elections) if it later turns out that another choice would have been more beneficial. These choices include whether to use the general year-over-year approach or the alternative approach, and whether to use the accrual or cash method for recognizing revenue.
  3. Jul 2020
  4. www.investopedia.com www.investopedia.com
    1. Face value is the money amount the bond will be worth at maturity; it is also the reference amount the bond issuer uses when calculating interest payments. For example, say an investor purchases a bond at a premium $1,090 and another investor buys the same bond later when it is trading at a discount for $980. When the bond matures, both investors will receive the $1,000 face value of the bond.The coupon rate is the rate of interest the bond issuer will pay on the face value of the bond, expressed as a percentage. For example, a 5% coupon rate means that bondholders will receive 5% x $1000 face value = $50 every year.Coupon dates are the dates on which the bond issuer will make interest payments. Payments can be made in any interval, but the standard is semiannual payments.The maturity date is the date on which the bond will mature and the bond issuer will pay the bondholder the face value of the bond.The issue price is the price at which the bond issuer originally sells the bonds.
    1. Terms such as "common enterprise" are imperfectly defined
    2. Even if an investment is not labeled a "stock" or "bond," it may very well be a security under the law, meaning that registration and disclosure requirements apply
    3. It is an investment of money There is an expectation of profits from the investment The investment of money is in a common enterprise Any profit comes from the efforts of a promoter or third party
  5. Apr 2020
    1. more than three-quarters support the stimulus plans that have already passed and “77% of the public thinks it will be necessary for the president and Congress to pass another bill to provide more economic assistance for the country.” That includes 66 percent of Republicans. We are all Keynesians now.
    1. So, on April 9, 2020 the US central government (the president and Congress) and the US central bank (the Fed) announced a massive money and credit creation program that included all the classic MP3 techniques, including helicopter money (direct payments from the government to citizens). It was essentially the same announcement that Roosevelt made on March 5, 1933. 
  6. May 2019
    1. Then we accept UDP traffic if the value of the udpserver tag is 1 when both sender and receiver tags are ORed together, or if UDP traffic is multicast. This allows multicast mDNS and Netbios announcements and allows UDP traffic to and from UDP servers, but prohibits other horizontal UDP traffic.

      is this the statement indicating MDNS support in ZeroTier?

    1. The nix-shell is the Nix equivalent of a one-night stand. It will bring packages in scope for the lifetime of a shell (this time not through symlinks: it crafts a special $PATH for the new shell). The simplest usage is the one showcased above – nix-shell -p package1 -p package2 … – which makes package1, package2, … available in your current shell session. After you’ve exited the shell, they’re gone.

      I'd like to avoid the one night stand metaphor, but otherwise this is a nice explanatory comment on nix-shell

  7. Apr 2019
    1. Best of all, they would own their own code, with no Silicon Valley “disrupter” skimming profits off the top.

      own their own code. important