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FuckyWucky [none/use name]

@ FuckyWucky @hexbear.net

Posts
548
Comments
2260
Joined
3 yr. ago

Pro-stealing art without attribution

  • Russia still has 'Visa' and 'Mastercard' branded cards, they just use local payment rails instead. Even before 2022 this was the case for local transactions albeit less so.

    VISA/MC have advantage that you can use them for foreign transactions, it's widely accepted provided your country isn't sanctioned. So a hybrid approach like what Russia did between 2014-2022 may be good for Europe. Worst case, US sanctions you and you lose ability to do some foreign currency transactions, but Euro and similar transactions work just fine.

    But I know its legally and politically difficult in Europe. Even the CBDC plan listed in the article has banks pissed about losing deposits from their balance sheet to the Central Bank (since Digital Euros are central bank liabilities) and fees.

    That's why

    Despite the substantial progress, two major issues remain: ‘holding limits’ and ‘compensation’. Holding limits determine the maximum amount users can keep in a digital euro wallet, while compensation mechanisms concern the fee models for commercial banks that provide digital euro services.

    to prevent too much deposit flight, and btw you won't get paid ECB interest rate with CBDC unlike the banks who hold reserves.

    and VISA/MC cards still have two other advantages. i. it's widely accepted worldwide, you can use it for foreign exchange. ii. chargebacks are possible. The latter can be fixed with locally branded cards (eg Russia has Mir) or I suppose CBDC can be made to support it, but does the EU want to?

  • Rare UK W

  • Keep removing more money from the economy with fiscal surpluses, that'll work /s.

  • Chapotraphouse @hexbear.net

    The 90% Price Crash [of Lithium] That Changed Everything

  • Yea, cut rates to near zero. But that alone won't be enough, Government spending is needed. Destroy the imprudent fiscal rules.

  • Ayandeh had attracted deposits from millions of ordinary Iranians by offering unusually high interest rates, creating what one Iranian oversight official allegedly described as a “Ponzi scheme.”

    I find it interesting why such a commercial bank was allowed to operate by the regulators. The WSJ article says it was giving bad loans to cronies, so that was definitely the government’s fault. But the bank’s collapse alone doesn’t explain why there was a run out of the rial. It’s easy to blame the collapse of the bank for the collapse of the rial, but I think it’s mostly mainstream economic propaganda. Also, backstopping is literally what all the Western central banks and treasuries did in 2008 and again in 2023, because the banks gave too many loans or held assets which were illiquid, with no inflation, in fact deflation as demand collapsed in 2008. So clearly, it’s not as simple as backstopping deposits.

    I think it could be said that the dual exchange rate system where the central bank offered preferential rates to certain sectors, and rent seekers too, made it much worse, since the official rate was much more rigid, undervalued because the central bank used reserves to maintain it, certain connected people may have used it to run to dollars while the state lost reserves. When it ran out, a massive devaluation was inevitable.

    Also, he doesn’t talk about the mechanics of how he created a dollar shortage. Did they try going after foreign banks Iran worked with, like in Iraq? I think the government is at least partly to blame, but this wouldn’t have happened if Iran weren’t sanctioned.

  • your brain is training with new data

  • memes @hexbear.net

    2025: This guy who was soyfacing and recording right after Charlie was Kirked. He also yoinked some merch afterwards.

  • technology @hexbear.net

    Activating Windows using Epstein's laptop

  • Unless Twitter themselves don't show the site in the U.K., the block will be very weak just an IP/DNS Block by ISPs? It could be more effective to just order Twitter to block Grok entirely in the UK. At the least do that immediately then go ahead with full on block. Considering that they have been very slow for illegal content shows there is external pressure on the U.K. Government.

    I saw APL tweet (yes ik, ironic) about sanctioning Starmer and UK Govt.

  • Chapotraphouse @hexbear.net

    DOI cracks down on stickers covering Trump's face on national park passes

    www.sfgate.com /national-parks/article/sticker-covering-trump-void-national-park-pass-21278091.php
  • Slop. @hexbear.net

    Anyone not liking the Eurozone is promoting "Russian disinformation"

  • use docker

    that said, i've used leaseweb dedis in the past and never had any trouble with public torrents. Maybe try seedhost.eu (they use leaseweb) or feralhosting.com (own ASN and all, unlimited traffic)

  • AirVPN is fine, make sure to bind the interface, there are docker containers which prevent leakage too, you can then host a home seedbox.

  • Chapotraphouse @hexbear.net

    Trump’s “best is yet to come” and the data reality are diverging – for the worse!

    billmitchell.org /blog/
  • i do not know if you get notices for Adobe but windscribe free allows torrenting

    edit: wtf this site doesnt allow direct links? what was even the point of moving away from reddit then?

  • Netflix

    Jump
  • "reduce theatrical release time", that in and itself is good, you get WEB-DL early instead of shitty CAM.

  • And now they have AQ rebrand for the Govt.

  • VOO ETF for S&P, very cheap in terms of expense ratio. JNK ETF for a bit of junk bonds. XCCC for junkest of junk. I am not American so I can't say much about taxes.

  • What's the net pH after mixing a glass of alkaline water and a 'spritz of lemon'

  • There is no money printing. The US Government "prints" ie issues, all money is "printed", always has been.

    Then the Gov taxes it back. And banks make you pay back loans. You can't pay taxes unless you have money, so spending comes first. Spending creates income.

    No one ever lends US Govt any money. They make it, China has Dollars because they export to the US, not because they are financing US domestic borrowing.

    This isn't exclusive to the US, it applies to China, Russia and all others too. None of their federal Governments borrow.

  • Nothing will change if you don't believe it can. If all this does is delay fascism for a day. That's one less day of people dying and suffering for really stupid and avoidable reasons. Seriously, what's the point of your comment? Are you trying to get me bummed out and not vote? by deaf_fish @negativenull@lemm.ee

    Individual votes have no value. It was Biden and Kamala's fault for not campaigning on good policies. Hexbear's (or leftist) stance on whether or not to vote for him doesn't change this.

    Also, Biden is directly responsible for deaths of hundreds of thousands of people by aiding Israel, and Democrats are responsible for many more domestic deaths by the way of social murder especially considering they had majority control for some time. That Trump may kill more doesn't change this fact.

  • My point exactly, it should be $600 for the Pro XL.

  • Chapotraphouse @hexbear.net

    How Modi and RSS Are Fuelling Nepal’s Constitution Crisis

    frontline.thehindu.com /world-affairs/nepal-constitution-crisis-army-rss-modi-democracy-sushila-karki-genz-protest/article70096381.ece
  • Chapotraphouse @hexbear.net

    birth rate decline in Japan

  • Chapotraphouse @hexbear.net

    The British government’s obsession with the fiscal rules is driving the economy towards recession

    billmitchell.org /blog/
  • Games @hexbear.net

    How Slow is the Nintendo Switch 2 Display?

  • Firefox @lemmy.ml

    Is this much battery usage normal for Firefox Android?

  • Chapotraphouse @hexbear.net

    2000s goated

  • Slop. @hexbear.net

    He can't stop Xeeting

  • Slop. @hexbear.net

    No shot

  • Chapotraphouse @hexbear.net

    Democrat funded community notes

  • Chapotraphouse @hexbear.net

    Delivering discrimination? India’s gig workers see access denied by class divide

    www.scmp.com /week-asia/lifestyle-culture/article/3283087/delivering-discrimination-indias-gig-workers-see-access-denied-class-divide
  • Chapotraphouse @hexbear.net

    The Israeli mythmaking of Yahya Sinwar

    www.aljazeera.com /program/the-listening-post/2024/10/19/the-israeli-mythmaking-of-yahya-sinwar
  • Chapotraphouse @hexbear.net

    Cuba forced to ‘paralyse economy’ amid desperate energy crisis

    www.aljazeera.com /news/2024/10/18/cuba-forced-to-paralyse-economy-amid-desperate-energy-crisis
  • Chapotraphouse @hexbear.net

    He was so cool

  • Chapotraphouse @hexbear.net

    As Israel Attacks the UN, Embarrassing Silence From India

    thewire.in /world/as-israel-attacks-the-un-embarrassing-silence-from-india