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latchkey

i'm pretty happy with the existing way of browsing HN. i hope it never changes.
I lived through it. It was like day/night in SF. One day it was glorious and the next day it wasn't. It was classic SF group think, and everyone in the bay area was ignoring the "irrational exuberance". Money was flowing, people woke up, then it stopped.

I suspect we will see this again with AI at some point. I've been building my own business around this whole concept of financial failure, not taking on massive debt like everyone else is and running super lean and profitably. It is hurting me in the short term to not have access to capital, but I think it'll all turn around at some point when people wake up, again.

Do more research. I'm just pointing to one source for brevity of discussion, there are others.

The problem was how quickly rates went up (not necessarily how much they went up). It was like 5-6 times in 6 months, which spooked everyone. It peaked in 2000, then the unprofitable companies ran out of money when investors pulled out of the stock market, then rates went back down.

The reason is detailed in the article. Fed increased rates in a very short amount of time and people fled the stock market for the safer interest rates...

"At the same time, a decline in interest rates increased the availability of capital.[20] The Taxpayer Relief Act of 1997, which lowered the top marginal capital gains tax in the United States, also made people more willing to make more speculative investments." ... "Meanwhile, Alan Greenspan, then Chair of the Federal Reserve, raised interest rates several times; these actions were believed by many[weasel words] to have caused the bursting of the dot-com bubble."

2000-2002 is consensus is explained pretty well...

https://en.wikipedia.org/wiki/Dot-com_bubble

Interestingly, lots of parallels to current times.

Re:Binance-hacker-1029 – $5.6B stolen from Binance on Friday October 30, 2026 @02:30PM (#50308211)
let's move the goal posts around to find any reason to hate crypto.

that's fine... don't use it.

Re:Binance-hacker-1029 – $5.6B stolen from Binance on Friday October 30, 2026 @02:28PM (#50308192)
read the post again. accounting for risk(s) isn't an option.
posting this link to X got my account fully suspended and the only way to get it free is to either delete the post or appeal.

of course, i'm appealing, but i fully expect to lose as well.

shocked, but not shocked.

Re:Binance-hacker-1029 – $5.6B stolen from Binance on Friday October 30, 2026 @01:34PM (#50307342)
I've favorited this comment for a long time.

https://news.ycombinator.com/item?id=26238410

Re:Binance-hacker-1029 – $5.6B stolen from Binance on Friday October 30, 2026 @01:33PM (#50307320)
there are scams that only exist thanks to zelle or paypal or ebay or amazon...
Re:Binance-hacker-1029 – $5.6B stolen from Binance on Thursday October 29, 2026 @11:17PM (#50299482)
not to be whatabout... but... anything of value is used for all that too, in much larger amounts.

it is wild to me that people expect that crypto is supposed to solve a problem that is as old as currency.

Re:Ghostty 1.4.0 on Tuesday October 27, 2026 @02:16PM (#50263436)
the web version powers our quickstart via a cloudflare websocket and some custom patches (only on desktop): https://hotaisle.xyz/quick-start

it is all open source: https://github.com/hotaisle/hotaisle-website

Re:Cerebras Deploys Trillion-Parameter AI Models on Sunday October 25, 2026 @01:13PM (#50233757)
44GB
Re:AI compute is the new oil–and needs a new market on Friday October 23, 2026 @01:15AM (#50204769)
oil can be stored and used later. ai compute can't.
Re:OpenCode Hacked: User credentials leaked on Tuesday October 20, 2026 @12:36PM (#50168987)
I don't care what he posts or drinks, I care whether or not he takes security seriously.
Re:OpenCode Hacked: User credentials leaked on Saturday October 17, 2026 @05:11PM (#50135174)
and their TOS/Privacy policies are equally light on details.
Re:OpenCode Hacked: User credentials leaked on Saturday October 17, 2026 @04:19PM (#50134739)
the ux is kind of crazy.

you login to their website, and you are presented with a list of providers where you can click and add your provider api key.

how the key is stored on the backend isn't clear, but it is akin to handing your password or if you know crypto, your private key, to someone and letting them store it for you.

from what i can tell, there are no links within the console to a ToS, Privacy policy or anything else. there are no warnings or documentation about how they store your keys.

someone else in this thread linked to this issue, but this comment is especially insane given that i can't find any privacy policy or tos for the console.

https://github.com/anomalyco/opencode/issues/10416#issuecomm...

The picture with all the cables everywhere... ugh that sets off my OCD.
Re:Bitwarden Dual License Model on Saturday October 10, 2026 @01:35PM (#50035183)
it goes into an infinite redirect loop for me. lol.
I was confused at first. Mom donated a kidney to her son and she would have been 100, making the kidney effectively 100.
Re:Cloudflare K2: serverless event streams on Friday October 02, 2026 @01:44PM (#49936316)
Haven't really seen a case of VM's crashing.

Our use case is that we rent out VM's with GPUs in them (on-demand, no-reservation, billed by the minute), and the GPU rental is a lot more expensive than the disk rental. Right now, we don't have a cluster of storage in our DC, so we just delete the data.

We support API/cloud-init, so if they have regular workloads, they can just boot a VM with whatever they need.

It is then... get some storage (in progress) and let people pause their VM and pay less for disk when they don't need the GPU. Fully on-demand GPU compute. Perfect for agentic workloads where you want your agent to be able to spin up larger models on enterprise gear for when it needs it.

Re:Cloudflare K2: serverless event streams on Friday October 02, 2026 @01:31PM (#49936177)
> Give me stateless servers and a storage bucket over having to manage systems with disks any day.

I'm working on something like this for my business, but the server is the bucket. When you shut it off, the VM data is stuffed into a bucket and restored when you want it back on.

tae kim @firstadopter:

If I was a Cerebras shareholder, I would be LIVID right now. Seriously, what the hell. Insiders dumping stock: CFO, COO, accounting officer. AND NO INFO about losing GPT-6.1 Ultrafast.

https://x.com/firstadopter/status/2105860963132129358

Re:AI needs $6T in annual revenue to justify data centre boom on Wednesday September 30, 2026 @12:23PM (#49910957)
That theoretically could be within reason!
Re:AI needs $6T in annual revenue to justify data centre boom on Wednesday September 30, 2026 @12:23PM (#49910954)
I know, right!
Re:AI needs $6T in annual revenue to justify data centre boom on Tuesday September 29, 2026 @08:49PM (#49902981)
zwift is excellent, but i don't want to pay for it and i prefer to watch youtube's, instead of myself riding around in a cartoon world.
They were public 2 years ago?

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