exabyte scale data strategy by day job. safety critical aviation/marine systems by passion. Not involved in crypto; short for Corvus cryptoleucus :D

Joined September 2013
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So This is something that should be understood more: there has been a larger push to make CICs (Controllers in Command) standalone across the US. There was even some screenshots floating around of pi charts that would show red for any CICs that also worked a position. Midnight shifts or other low traffic times have often been staffed by two people in a cab. However also historically you'd have the CIC working some positions. Now this had its own caveats but one thing that certified controllers (CPCs) were torn about was the idea of keeping two on roster for a shift but essentially only having one control combined positions. Many thought it could lead to disaster eventuay and while it's easy to point at this ofc we need to wait for all the potential factors to be reviewed and assessed. What I instead want to clarify is this is something that was intended and is directed from higher levels of air traffic management. Now policy shifts slowly so it's not like the trump admin was the one that initially floated the idea and a lot of this is in the general theme of doing more with less that really has been the case since even as far back as Reagan. Still it's worth noting that such decisions like this can be undone by a single secretary on their authority. So why does Duffy not do that and fix this? the caveat is they really don't have enough people to make each shift three people (2 CPCs on position and an OS as CIC). There are some pushes to get more staff but it's complicated by the fact that the OKC academy is the single bottleneck for training. They tried to add more academies but it's been shut down in Congress (needs congress approval and OK congressmen won't want to relinquish a big benefit to them even if it makes things safer long term because jobs losses). This is a complicated issue and is not one sided but since people are talking more on the control side i want this to get more attention to get real meaningful fixes that CPCs are comfortable with. Yes they have a union, no that union is not helpful atm and Nick Daniels has shown them to be completely impotent in leadership ability against the current challenges. To preempt what normally comes up: yes i live in Sweden, but I'm American and have had strong ties to aviation through friends and being a licensed FAA pilot that also understands the air traffic side and listens to the controllers impacted by these issues. I don't try to talk out of my ass and instead just listen to the actual controllers working the job. We need to listen to the controllers more. They are the real data points not a shitty pie chart pushing for more standalone CICs (or CICs that just work CD). Staffing issues are not new. Duffy is absolutely inheriting the issues that really have been ramping up since the late 80s but he's the one with the role. As we say elsewhere: comes with the title, he can fix things.
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Clifford Richardson retweeted
The anti-trillionaire thing is fascinating, b/c the position implies: "People shouldn't be allowed to use their own $ to buy a stock for $__ price, because it implies the company is worth $__". Some things are so obviously absurd, it's hard to fathom how people's brains function.
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Clifford Richardson retweeted
How to Earn a Billion Dollars: paulgraham.com/earn.html

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Gonna be honest. I like Kimmel, his humor does hit with me but also he can be tone deaf like here. That said this is ubiquitous in the entertainment industry and that includes influencers. We need to just generally educate people in finances again. The fact most of Twitter can't differentiate between liquidity and assets is a big failure for society and would raise the bar of discussion around valuation and economic policy generally.
The most envious, Marxist, redistributive person in the world isn't the guy busting his hump to frame a house, or the guy grinding out DoorDash...it's the smug guy worth 7 or 8 figures staring at a trillionaire he considers socially beneath him.
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Cracks me up every time America: Nordic runestones are fantastical and magic!let's hype it Reality:
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To quote @pmarca, many people are saying!
If I cure cancer I will get very rich. And a bunch of people on this site will apparently find my sudden wealth outrageous.
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Most people should stop focusing on Elon Musk and focus on themselves. It's so clear there not enough basic financial planning coming from most people on X and I promise you'll feel better about life when you get your shit in order.
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Agree minus media reliance. Let's start em younger in school. Bring back financial literacy lessons.
Most people don't understand the difference between having billions in the bank, liquid, & having ownership shares in companies worth billions. And I think it would behoove the media to explain this once in a while.
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I find it fascinating people struggle to understand the concept of "money on paper" vs "liquidity" as well as valuation in general. This seems to be at the core of every hateful comment against the SpaceX IPO or the top 1% in general. There is too much of a mindset that focuses on first order effects like "I do effort X, I get pay Y" from employees and it is probably that mindset that keeps them on their salary. It's not sexy to say this, but it's my current theory and many more would be more comfortable financially if they could look at how they generate 2nd order or higher effects with their expertise or skills.
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This is actually still in scope. Yes it's confusing, but the user is right that this would still be considered tipping behavior, and the test is not just investigation but can be tied to your general risk assessment approach for anti-fraud/AML systems. That said, this is not why it would be so long imo (reasons being that it is a user that has made several of the same transactions which puts them in the low risk category with a usual hold of up to 10 days max. more than that there is an actual investigation with authorities in many cases, so I guess its possible but I don't buy it especially with the consistent timing). To me it's reserves at play, not the other systems. You may get flagged in a system, but it does not take 10-14 days to resolve in modern systems, more like 10-14 hours worst case for low risk repeat transfers (even though the amount seems high, but since again Pieter has done this before it would be seen as lower risk by most competent banks).
Replying to @sytaylor
✅ Doubt "Tipping off is an anti-money laundering (AML) and counter-terrorism financing (CTF) offense that occurs when a business or employee discloses to a customer that a suspicious transaction report (SAR or SMR) has been filed, or that they are under investigation by law enforcement. [1, 2]" I'm not under investigation, it's just a big transaction so they do extra checks, that's allowed to say ofc
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Massive congrats to the employees on making this achievable. Absolutely Elon deserves credit for helping facilitate but this is a great outcome for many built on the entire staff's hard work. Nice job! 🎉
Jun 12
Liftoff! First $SPCX trade complete 🚀
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Funny enough i have unique perspective into this. It's more nuanced than Pieter is mentioning but yes, this is part of reserves strategies to keep fees lower and gain a larger share of the market. And it works even though some drop off. Many don't care. Fascinating world.
I'm pretty excited to move off of Wise Business permanently after realizing I can't just transfer my money out when I need to They keep my money hostage for 10-14 days at least for a big transfer, like they literally won't transfer my money I remember when dinosaur banks did this? Like they'd purposely delay transfers or not transfer at all in the weekend to then make money on the interest of it But now fintechs like Wise have started doing it too? Obviously you don't want to use fintechs to store lots of money, but sometimes you receive money and you wanna transfer it elsewhere (like your broker) but Wise just delays that entire process by 2 weeks, which is quite mad! Excited to move to @Stripe Business banking ASAP!
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People discussing AI: read Tracy Kidder's book "Soul of a New Machine." About the dawn of computers. You see literally the same discussions we see today. Not kinda similar, the SAME. Good food for thought. Also one I bet @paulg or @pmarca would appreciate with their optimisms
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There is about to be a revelation in corporate jet travel. It will be massively beneficial when it happens and it's gonna be akin to the LCC boom in terms of impact to availability of point-to-point travel.
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Europeans can't comprehend that staying in the same country means you use the same country networks? What? Is this really the posts X is popular for?
Europeans can’t comprehend that you can live in nyc, take a 5-6 hours flight to San Francisco and you’re in the same country and don’t need to do anything about your phone. No extra charge for service. In Europe you drive 10 min from Austria to Germany to buy cheaper groceries and you have to avoid using your phone because you’ll get extra charges as it’s another country and another cell provider. That’s why euros use WhatsApp. Most communications in the U.S. even far away in another state, don’t cost you more.
Community note
There are no additional charges to text, call or use internet when you cross the border to another EU country. europa.eu/youreurope/cit…
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Btw I'm old enough to remember that long distance calling was a real thing for cross-state calls. Maybe we should just stop being silly and trying to compare on nonsense
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The reason calling anything "loops" is dumb imo is because naturally anything that can be improved (which is nearly all things) will follow an iterative approach of development (i.e. will loop). This doesn't change just because you're using agents that spawn other agents.
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Gate of Mdina. It's a neat place. Still not quite confident enough in my Maltese but some if it is clicking. I think the Arabic parts are harder since I come from a more Latin/Germanic language background. Managed to finally pronounce "nixtieq" properly at least.
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