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> for the sake of argument, is there any way to introduce monetary policy into crypto currency so as to correct for unwanted inflation/deflation

yeah and you don't even need to change bitcoin - just use a stablecoin over-collateralized by BTC built on the bticoin network. In essence these systems work with $1 of the stablecoin backed by $N dollars (N > 1.6) of the the backing asset (BTC). Then they use a smart contract system of price oracles, liquidations & interest rate curves to balance supply, demand and risk parameters. It's pretty much an over-collateralized lending protocol that issues its own asset that is pegged to $1

This has worked well for the past 11 years with MakerDAO on Ethereum and it's stablecoin DAI. I think at its peak the DAI stablecoin had around $7 billion in circulation and was about 5-10% the size of USDT, now it's about half that. However, high treasury interest rates and low interest in decentralized stablecoins have made more "traditional" stablecoins like USDT, USDC vastly more profitable and successful. In recent times even DAI has been trying to become more like USDC and USDT with treasuries held in intermediaries

BTC ranged between $0.30 and $27 back in 2011 so not quite
but is it the weight loss driving all those anti-inflammation benefits
Re:Crypto has become the ultimate swamp asset on Sunday May 18, 2025 @07:46AM (#44020618)
eh, it was fair to say that 8 years ago...

now it's way easier to track public blockchain transaction chains on Bitcoin, Ethereum and the like than it is to track bank transfers across countries

Re:Clean, a formal verification DSL for ZK circuits in Lean4 on Thursday March 27, 2025 @03:40PM (#43497293)
Does EOF make this easier / more efficient?
is_deleted = True update is in progress
Re:Discworld Rules on Sunday March 09, 2025 @03:05AM (#43306929)
4 foot notes?

This guy Pratchetts.

They did.

This was a multisig - meaning M out of N signatures from different signing devices were needed to sign a transaction. The attacker infected enough signer devices to go unnoticed and the signers failed to verify what they were signing on air-gapped devices

not at all
Re:Bybit CEO Confirms Exchange Was Hacked for $1.46B on Saturday February 22, 2025 @06:27AM (#43138078)
bybit makes $100 million a month and has substantial excess reserves
Re:Open Euro LLM: Open LLMs for Transparent AI in Europe on Tuesday February 04, 2025 @04:53AM (#42930379)
That would have been a somewhat reasonable (although unconvincing) reply if you didn't also write 7 other lengthy comments in this thread that were 3 hours apart
I did that last summer, I compared the performance of different english word embedding models, as far as I remember the best ones were GloVe and a few knowledge graph word embeddings.

None of them were better than a human at giving hints for 3+ words though

May the gods give you everything you ask for
Re:French police free kidnapped Ledger executive on Saturday January 25, 2025 @01:59AM (#42820012)
hardware wallets are a safe transaction signing device NOT a seed storage device

You use them to sign transactions that are perfectly safe even if your computer / phone where you initiated the transaction is infected with malware. They give you a chance to confirm that the transaction you're signingon the hw wallet is the one you initiated on your computer.

> daily spend limit

> different panic codes

> Co-signing by third-parties

What you describe already exists in "software multisig wallets" on smart contract blockchains. In essence they're smart contracts that require n of m signatures to initiate a transaction and can handle variable spending rules, custom signing schemes, 3rd party signers, things like 2FA / email for signing. In theory they can be implemented for non-smart contract blockchains like Bitcoin using multi party computation schemes like FROST (https://github.com/ZcashFoundation/frost) but that's a lot harder

Re:French police free kidnapped Ledger executive on Saturday January 25, 2025 @01:50AM (#42819966)
Transaction rollbacks. In this case the USDT ransom was blocked by Tether. Rollbacks for non-centralized tokens & networks goes against the goal of most protocols though, so it's unlikely to become the norm.
Re:French police free kidnapped Ledger executive on Saturday January 25, 2025 @01:44AM (#42819935)
It's even more stupid. The ransom was paid in Ether (ETH) which the kidnappers then exchanged to Tether stablecoins (USDT). Tether is a centralized company that can freeze and block any blockchain address from using the stablecoin that they issue and that's exactly what they did, they froze the ransom.

We'll probably have more details about this in a few days just goes to show how you can't hide on public blockchain ledgers.

Re:Edge TTS on Thursday January 23, 2025 @01:22AM (#42801232)
or run a kokoro tts docker container on your own hardware, the hw requirements aren't crazy: https://github.com/remsky/Kokoro-FastAPI
Re:Ross Ulbricht was just granted a full pardon on Tuesday January 21, 2025 @08:20PM (#42787526)
It was one of the promises he made at a Bitcoin conference he attended a few months ago. It has been a popular issue in crypto circles
Re:Ross Ulbricht was just granted a full pardon on Tuesday January 21, 2025 @08:16PM (#42787485)
Nothing wrong with HN in particular. Every polarising discussion on a platform with moderation or up/down voting system ends up this way. This structure is fantastic for technical discussions just not amazing for politics

Removing moderation or voting systems (simple chronological comment sorting) creates another set of issues so this problem can't be solved without entirely changing discussion formats

Re:Official DeepSeek R1 Now on Ollama on Tuesday January 21, 2025 @02:00AM (#42777320)
these are smaller qantized models that I can use on my 8 year old GPU, I can't even load the original deeppseek unqantized models
Re:DeepSeek-R1 on Tuesday January 21, 2025 @01:49AM (#42777274)
I asked deepseek-14b for a joke in the style of Norm Mcdonald, and it delivered an overexplained deadpan absurd joke that I thought was pretty similar to Norms style. Then I tried again with different styles and realized that all jokes it tries to make are in that same style as if it tries to follow a manual on how to construct a joke without actually being funny. Which is pretty funny
Re:DeepSeek-R1 on Monday January 20, 2025 @10:18AM (#42769545)
great article, thank you
Re:DeepSeek-R1 on Monday January 20, 2025 @08:44AM (#42768649)
Deepseek v3 required about 1tb of VRAM / RAM so 10 A100.

There are various ways to run it with lower vram if you're ok with way worse latency & throughput

Edit: sorry this is for v3, the distilled models can be ran on consumer-grade GPUs

Re:DeepSeek-R1 on Monday January 20, 2025 @08:32AM (#42768537)
Kind of insane how a severely limited company founded 1 year ago competes with the infinite budget of Open AI

Their parent hedge fund company isn't huge either, just 160 employees and $7b AUM according to Wikipedia. If that was a US hedge fund it would be the #180 largest in terms of AUM, so not small but nothing crazy either

digital archeology
Re:GitHub Git Operations Are Down on Monday January 13, 2025 @07:29PM (#42691678)
lol I changed my ssh key 2 times until I figured out pubkey permission denied was an issue on their side
Re: on Monday January 13, 2025 @02:47PM (#42688021)
I replied to your comment about what constitutes imitation and why that rule exists. Neither of us have any idea about the details of that particular ban
Re: on Monday January 13, 2025 @02:29PM (#42687668)
The imitation rule states that it's perfectly fine to run parody accounts as long as you clearly state that it's a parody. There are a ton of accounts named Elon Musk Parody, Biden Parody and similar

Without it every post of a famous person was botted with 100 accounts with identical display name, pfp that tried to promote scams like with YouTube comments

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