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>Article mentions bitconnect + criminal extortion B-B-B-BITCOINS GUYS ITS.... BITCOIN /s EDIT: Call out clickbait
From the article, it seems like I didn't really understand the implications of Modi's actions to invalidate so much hard currency. Could someone familiar with the matter talk more about what the days/weeks following Modi's announcement looked like for the every day Indian?
Pretty dramatic, certainly could have helped the massive crypto price run-up in late 2017. Also helps to demonstrate the value of a currency that can't be manipulated by state actors.
From the article, it seems like I didn't really understand the implications of Modi's actions to invalidate so much hard currency. Could someone familiar with the matter talk more about what the days/weeks following Modi's announcement looked like for the every day Indian?
People with money sold extra rupees to people below the maximum conversion at a small discount. Bank deposits bumped up, which was the point of the exercise—Indian state-owned banks are woefully uncompetitive and undercapitalised. The line about dirty rupees being extinguished was a farce, mostly because most large-scale illicit activity in India happens with hard currency and/or in Mauritius or Singapore.
Non-AMP version: https://www.bloomberg.com/news/articles/2018-08-09/cryptokid...
Thank you, the AMP version was horrible on desktop.
AMP version: a bit funny looking (big pictures, full width layout rendering), but otherwise very simple and clean, just text and pictures. The only real issue is the pictures are big, but that's kind of nice in its own way.
Non-AMP version: slow to load, janky video loading that moves the text around while I'm trying to read it, janky side bar menus that jerk as I scroll, the actual article only occupies the middle 1/4-1/3 of the layout.
I'll take the AMP version, thanks.
Earlier quoted context omitted.
Thank you, the AMP version was horrible on desktop.
My experience is: AMP version: a bit funny looking (big pictures, full width layout rendering), but otherwise very simple and clean, just text and pictures. The only real issue is the pictures are big , but that's kind of nice in its own way. Non-AMP version: slow to load, janky video loading that moves the text around while I'm trying to read it, janky side bar menus that jerk as I scroll, the actual article only oc…
AMP version: not loading, I assumed due to blocked JS, but I just went back to check, and oh it finally loaded.. so maybe it eventually falls back with my first-party-only JS policy.
Non-AMP version: immediate load, perfectly readable, refreshed with no JS (not even first-party) and it's imperceptibly fast. (Reloaded the AMP version again with no JS just to check, and of course - without the JS to say: Hey, after a timeout, if AMP JS hasn't loaded, fall back on standard - it doesn't load at all. Great.)
Edit: actually, it did, eventually (not sure how that works then) but with no images and full-width text. I'll take AMPless any day.
From the article, it seems like I didn't really understand the implications of Modi's actions to invalidate so much hard currency. Could someone familiar with the matter talk more about what the days/weeks following Modi's announcement looked like for the every day Indian?
Yes, as a Westerner I hadn't even heard of this massive invalidation of 86% of India's cash currency. Pretty dramatic, certainly could have helped the massive crypto price run-up in late 2017. Also helps to demonstrate the value of a currency that can't be manipulated by state actors.
They can't even complain...like calling the cops because someone robbed your cocaine stash* (* for those that didn't read the article: India banned large bills, say, their $100 bills. People had x months to turn it in to exchange with smaller bills. But you had to explain how you got that much money and why didn't declare it to the taxman. So quite a few turned to Bitcoin etc.)
You can't con a honest man, but a greedy man... that's easy.
Earlier quoted context omitted.
Thank you, the AMP version was horrible on desktop.
My experience is: AMP version: a bit funny looking (big pictures, full width layout rendering), but otherwise very simple and clean, just text and pictures. The only real issue is the pictures are big , but that's kind of nice in its own way. Non-AMP version: slow to load, janky video loading that moves the text around while I'm trying to read it, janky side bar menus that jerk as I scroll, the actual article only oc…
Earlier quoted context omitted.
My experience is: AMP version: a bit funny looking (big pictures, full width layout rendering), but otherwise very simple and clean, just text and pictures. The only real issue is the pictures are big , but that's kind of nice in its own way. Non-AMP version: slow to load, janky video loading that moves the text around while I'm trying to read it, janky side bar menus that jerk as I scroll, the actual article only oc…
My experience is: AMP version: not loading, I assumed due to blocked JS, but I just went back to check, and oh it finally loaded.. so maybe it eventually falls back with my first-party-only JS policy. Non-AMP version: immediate load, perfectly readable, refreshed with no JS (not even first-party) and it's imperceptibly fast. (Reloaded the AMP version again with no JS just to check, and of course - without the JS to s…
Looks like the culprit is this piece of code:
body {
animation:-amp-start 8s steps(1,end) 0s 1 normal both}
@keyframes -amp-start{from{visibility:hidden}to{visibility:visible}
}