Unless part of the poly-crisis is one twin changing the page of the book to one with fewer moons, and the administration is the parental policies of bedtime warnings and teeth brushing.

e.g. email on a custom domain. your domain registrar is now a spof AND your email provider for your domain is a spof. and that's just email.

There's obviously a middle ground and ways to have a strictly better personal data posture than before, but it's a multi faceted problem balancing usability, security, and resilience

It just needed to create a little box you can drag around when you click on nothing, like OS desktops have.

So here's the snippet to do that, toss this in the console and live the dream:

(() => { let startX, startY, box, dragging = false;

  const style = document.createElement('style');
  style.textContent = `
    .___selection-box {
      position: absolute;
      pointer-events: none;
      border: 1px dashed #2b76d6;
      background: rgba(43,118,214,0.12);
      z-index: 999999;
    }
  `;
  document.head.appendChild(style);

  function onDown(e) {
    if (e.button !== 0) return; // left click only
    startX = e.pageX;
    startY = e.pageY;
    dragging = true;

    box = document.createElement('div');
    box.className = '___selection-box';
    box.style.left = startX + 'px';
    box.style.top = startY + 'px';
    document.body.appendChild(box);

    e.preventDefault();
  }

  function onMove(e) {
    if (!dragging) return;
    const x = e.pageX, y = e.pageY;
    const left = Math.min(x, startX);
    const top = Math.min(y, startY);
    const width = Math.abs(x - startX);
    const height = Math.abs(y - startY);
    Object.assign(box.style, {
      left: left + 'px',
      top: top + 'px',
      width: width + 'px',
      height: height + 'px'
    });
  }

  function onUp(e) {
    if (!dragging) return;
    dragging = false;
    console.log('Selection rect:', box.getBoundingClientRect());
    box.remove();
    box = null;
  }

  window.addEventListener('mousedown', onDown);
  window.addEventListener('mousemove', onMove);
  window.addEventListener('mouseup', onUp);

  console.log(" Selection enabled. Drag with left mouse button. Check console for rect.");

$3M for retirement right now is plenty, but you have to live like an actually middle class person.

(This is not to say that you, specifically, are a "sucker", and I don't love the term. But I think Taleb has a lot to offer on considering risk.)

Really all the margin call does is reduce the amount of additional debt collateralized by bitcoin that MSTR could take on. It’s clickbait!

Inflation is not simply a matter of the government adding more money to the supply (although that's one of the actions that can help reduce the value of currency)... the flow of money (and power) is immensely complex, and inflation as a measure is a procrustean bed (https://en.wikipedia.org/wiki/Procrustes)

I think there are pros and cons of being in a specialized role at any part of the stack, but some of the things I like about the frontend nowadays is:

1) The feedback is rapid. You can immediately see and interact with the result of your work. Mocking backend data is a possibility, but when you're working on an API or other backend stuff it can be hard to imagine how it will work for the person at the end of the line. Rapid visual feedback on building stuff is satisfying!

2) It is now way easier to build maintainable applications that are easy to understand and hard to break. By using react and typescript (...and mostly writing pure functions with clean interfaces and unit testing them...) you can create tons of functionality with very clean code that's easy for others to understand and modify.

3) CSS is funky sometimes, but with things like flexbox and css-in-js (or even just less/sass) you've got powerful tools for working with it.

4) It used to be that making everything work across all browsers took a ton of effort and was the most frustrating part of FE programming. Nowadays it's pretty easy.

5) With Electron (and perhaps React Native, although I can't speak to that), frontend skills are more useful in more contexts than they ever were before.

6) Although there may be something "oncall-ish" at your company for FE engineers, being on call for backend stuff means you get paged much more and will have much more work to do, and it will likely be due to stuff outside your control. You will get paged much less for FE problems, and you will be able to do something about it.

I think also that the role the frontend has played has gotten more complex (more state, more data, bigger codebases, more stuff users can do), so I've felt that a background in backend work is advantageous when it comes to working on the frontend and can lead to great work, since backend people are often strong in core concepts like writing and testing functions with good interfaces, doing a good job managing state, interacting with networks and dealing with errors, etc.

Why would the price on the low valued puts go way up though? Is it now, after the squeeze, MORE likely that GME goes bankrupt? And even Hertz, which is _literally bankrupt_ is still selling for more than a dollar a share, so the stock price could remain untethered from realities for a long time.

And why can't they just do some share dilution to raise capital?

I noticed that with the volatility spike of GME over the past few days, with it ripping upwards, the puts with a strike price of less than 5 dollars per share have also increased in value. My guess is that because the volatility is now so high, the model for pricing options now believes it much more likely that GME will end up with a very low (<$5) share price. For many of these put options, they are valued much higher than they were a month ago when GME traded much lower.

Here's the options chain for GME: pay attention to the puts with strike price of $1-$5. https://ca.finance.yahoo.com/quote/GME/options?date=1616112000&p=GME

And here's an example chart of a couple of the options in particular: notice their value increasing over the past few days even though the share price is now quite high:

https://ca.finance.yahoo.com/quote/GME230120P00002000?p=GME230120P00002000 https://ca.finance.yahoo.com/quote/GME210319P00005000/chart?p=GME210319P00005000

It seems like from a logical perspective, the fact that GME is now a household name and that the company can dilute their shares to raise capital means that although the shares might crash back down again, they are extremely unlikely to dip below $5 in the next year or two. The options are being priced as if GME is going bankrupt this year (...and it's definitely not).

Does anyone have a counterpoint to this? Why wouldn't anyone with capital to spare just be loading up on cash secured puts for an extremely low risk ~10-30% return?

Comments URL: https://news.ycombinator.com/item?id=25964284

Points: 1

# Comments: 8

My guess is that these ponies would be kept in horrible conditions similar to the way domesticated cattle are raised for milk and meat. I would hazard that all of our assumptions about the actual price of ponies and maintenance would come down if we all needed to have a pony, and would come down by a LOT.

If it mattered enough, the US government could ABSOLUTELY afford $330 billion to get everyone a pony.

It's not that tremendous things aren't possible, it's that we aren't doing them.

My favorite is https://www.infoq.com/presentations/Are-We-There-Yet-Rich-Hi...