• 2 Posts
  • 60 Comments
Joined 6 months ago
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Cake day: June 9th, 2024

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  • The lie was WORSE than that.

    A lot of the fintechs invovled actually told people their money was safe, because it was subject to “passthrough FDIC insurance”, because their money was ultimately put in an insured bank, and thus was safe.

    Problem is that’s not how it actually worked, so basically everyone was straight up lied to.

    Basically the whole thing is that the bank keeps track of who owns which account and how much money they have, so if they go bust, you just have the FDIC come in and use that data and write checks, basically.

    Except since they’re disrupting banking, they also decided to just fucking not bother, and so even if there was going to be a payout, nobody has any fucking clue who has how much and in which bank said money was.

    Absolute clusterfuck, and about what you’d expect from silly-con valley types.



  • big fan of mini PC’s

    Same, but just be careful if you venture outside of the “reputable” vendors.

    I bought one recently from Aliexpress, and while it’s perfectly functional, it’s using an ethernet chipset that doesn’t have in-kernel drivers so I have to keep compiling new drivers for it every time the kernel upgrades.

    Not the end of the world, but an annoyance that I could do without, and not something a slightly more expensive version of what I got would have.






  • Privacy regulations are all fine and dandy, but even with the strictest ones in place,

    They’re also subject to interpretation, regulatory capture, as well as just plain being ignored when it’s sufficiently convenient for the regulators to do so.

    “There ought to be a law!” is nice, but it’s not a solution when there’s a good couple of centuries of modern regulatory frameworks having had existed, and a couple centuries of endless examples of where absolutely none of it matters when sufficient money and power is in play.

    Like, for example, the GDPR: it made a lot of shit illegal under penalty of company-breaking penalties.

    So uh, nobody in the EU has had their personal data misused since it was passed? And all the big data brokers that are violating it have been fined out of business?

    And this is, of course, ignoring the itty bitty little fact that you have to be aware of the misuse of the data: if some dude does some shady shit quietly, then well, nobody knows it happened to even bring action?


  • How exactly are “communities offering services” a different thing than “hosted software”?

    I think what they’re saying is that the ideal wouldn’t be to force everyone to host their own, but rather for the people who want to run stuff to offer them to their friends and family.

    Kinda like how your mechanic neighbor sometimes helps you do shit on your car: one person shares a skill they have, and the other person also benefits. And then later your neighbor will ask you to babysit their kids, and shit.

    Basically: a very very goofy way of saying “Hey! Do nice things for your friends and family, because that’s kinda how life used to work.”



  • This is kinda old information, but my understanding was that there were 3 issues with dasiy-chained UPSes.

    The first is that you’re potentially going to cause a ground loop, which is not healthy for the life of anything plugged into those UPSes.

    The second is that there’s a potential for a voltage droop going through from the first to second UPS, which means the UPSes will flap constantly and screw their batteries up, though I’d be shocked if that was necessarily still true for modern high-quality units.

    And of course, the UPS itself won’t be outputting a proper sinewave when it’s on battery, which means your 2nd UPS in the chain will freak out (though again, maybe modern ones don’t have that limitation).



  • The problem I ran into is that every single platform that primarily interacted with Mastodon (The keys, etc.) had the same exact same set of problems.

    While yes, my Firefish instance had search, what was it searching? Local data only, and once I figured out that Mastodon-style replies didn’t federate to all of someone’s followers, it became pretty clear that it was uh, not very useful.

    You can search, but any given server may or may not have access to data you actually want and thus, well, you just plain cannot meaningfully search for shit unless you go to one of the mega instances, or join giant piles of relays and store gigabyte upon gigabyte upon gigabyte of garbage data you do not care about.

    The whole implementation is kinda garbage for search-based discovery from it’s very basic design all the way through to everyone’s implementations.