towerful

joined 1 year ago
[–] [email protected] 1 points 1 year ago

On money counting....
Well, $500 and $1000 bill was discontinued in 1969.
So, if you are dealing with those bills, you are dealing with collectors who will be more particular.
So, let's got with $100 bills.
Googling "fastest bill counter" gives the "JetScan iFX i100" which can do 1600 bills per minute.
Which is only 6.25 minutes for $1M in $100 bills.
And it had counterfeit detection.
Honestly, that's a hell of a lot faster than I expected.
If the bank has/uses automated machines for customer deposits.

Anyway, I don't think a bank would accept a $1M deposit.
Any deposits over $10,000 require special processing by the IRS.
Indeed, all financial institutions need to abide by "know your customer" rules.
https://en.m.wikipedia.org/wiki/Know_your_customer

If you are a regular banker than has a $50k salary and you rock up with $1M cash, a bank is going to refuse you. Or at least do a hell of a lot of due-diligence.
It's all about anti-laundering and anti-terrorism these days, and they need to manage the risk of having you as a customer.
If you have a history of big cash deposits, then it might be easier.

Even then, chances are you would have to go to a fairly major branch of a bank for them to be able to accept the risk of holding $1M in cash.

I know modern banking is "Money in, money out. So easy".
But beyond certain thresholds, risk management, government agencies and laws all come into effect. And you can bet your ass, a bank will be wanting to minimise their risk!

[–] [email protected] 4 points 1 year ago

That's a huge number.
If 10% of that is profit for various companies, that's a $34 billion industry.
No wonder there is such push back against walkable communities and other such initiatives

[–] [email protected] 8 points 1 year ago (1 children)

For me, it was a notepad.
Not a note app or anything digital.
Just a book to scribble the random thoughts in with a pen.
It lets my mind release it, and if I circle back to it when chilling I can always re-read the notepad and make changes or whatever.

If I find myself super bored when trying to have a few days off, I can collate any notes into more concrete notes.
But always pen on paper, in a notepad.

Next time I'm at work, I can reread my notes and make more objective decisions on their quality/implementation

[–] [email protected] 2 points 1 year ago

All it does for me is double down the imposter-syndrome.
I'm not good at this... People keep hiring me, maybe I'm alright at it. Dunning-Kuger is a thing, maybe my "people keep hiring me" ego is making me blind.
And yet, every day I do cool things, I learn new cool things, I redo old things with my new knowledge
But still... I'm just pretending

[–] [email protected] 3 points 1 year ago

Fucking hell, that's horrendous

[–] [email protected] 0 points 1 year ago (1 children)

Which is awesome.
I actually have no idea where Blockchain tech could exist.
A reputation could be an excellent example. But if it can be manipulated or gamed, it kinda makes it pointless.
At which point a centralised registry makes sense.
As long as the central registrar can be trusted.
But I don't think Blockchain solves that point of trust.

So, once again, turns out Blockchain tech is pretty useless.

[–] [email protected] 1 points 1 year ago (3 children)

Is this finally an application for a Blockchain?
Some sort of decentralised registry of instance reputation?

[–] [email protected] 7 points 1 year ago (1 children)

Theres some that aren't just money.
There are bots that mirror content from Reddit, just linking to them.
I've seen posts that are 3 or 4 crossposts (between community/instances) deep.

I want content.
I don't want bot content

[–] [email protected] 8 points 1 year ago (4 children)

I think getting to a bank, explaining where 1M in cash came from, getting them to accept the deposit, getting them to count it, then spending it in less than an hour is not feasible.

Because, depositing it in a bank is not enough.
It has to be spent.
So, if you don't spend it then the bank is left without however much disappears... If that makes sense.

And, given that, I don't think investing is a suitable application.
Otherwise, just invest it directly at the bank.
Maybe you don't get inflation-beating interest (ie, if it was your 1M you would be losing money), but after whatever-term you get 1M of clean money to spend.

[–] [email protected] 1 points 1 year ago

I'm jealous of the React ecosystem, for sure.

I tried react, and it just didn't click for me.

I like Vue3, it has some awesome features and power as you dig in, and at the same time if it's a simple component it's simple code.
I like that 99% of the time, I don't have to overthink the reactivity and lifecycle of components.
I like that the templating is basically HTML.
And I think the composition API has finally clicked for me, instead of just using it "because I should"

[–] [email protected] 18 points 1 year ago (2 children)

I certainly feel like the protests have gone beyond the API charges.
They were certainly the instigator.
However, the continued protests came around because of Reddits attitude towards the 3rd party developers, internal Reddit memos dismissing the protests, an AMA that doubled down on these disliked opinions, further interviews that lots of redditors think showed that Reddit doesn't understand what they have/are doing (or don't like what Reddit are doing), trying to forcefully reopen subreddits to dismiss users opinion.

It's a culmination of Reddit doing strange things (video streaming, chat, NFTs) that nobody really wants, in order to try and be something they are not, then finally trying to forcefully monetize their users.

I think these further protests show that Reddit isn't as smart as it thinks it is, and has no idea what it is doing, what its market is, what its core users are...

They could have required 3rd party app access to require Reddit Premium, with enterprise access plans for AI companies.
This covers everything.
Allows the same monetisation as 1st party premium subscribers (albeit with less extra user meta data).
Age verification for NSFW API access.
Premium subscription could even be tiered to separate the modest users from the heavy users. And enterprise plans that can pay for the heavy data usage.

[–] [email protected] 5 points 1 year ago

In my view, or at least why I left Reddit (and support the strike), it's not about the API charging.
It started as the price. Then it was also about
Lies about the 3rd party apps.
Lies about 3rd party app developers.
The whole process from January (no API changes planned) to announcing there will be a cost, to 6 weeks later giving a 1 month deadline and stating the ridiculous prices.
Back up by years and years of failed promises from Reddit, as well as whatever bullshittery they seem to concentrate on instead (chat, streaming, NFTs)

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