Earlier quoted context omitted.
wait what?! where are you getting these numbers from?
levels.fyi. Unlikely OP earned only $300K/yr
I should move to USA.
Reads the news
I will stay where I live.
How we recovered $300k of Bitcoin
141–150 of 209 posts
Re: How we recovered $300k of Bitcoin
#142Re: How we recovered $300k of Bitcoin
#143Re: How we recovered $300k of Bitcoin
#144Earlier quoted context omitted.
If you already do this every day for 1/10th of that compensation with no way out, the misery and boredom are already the norm.
That's a part of my point. The compensation is arbitrary past a certain point where your actual needs are met, unless you're driven by the stuff you exchange the money for. For myself, it's evident even in the post necessity phase where I know I still need to bank some cash to be able to assume some future volatility, but am not in the market for anything out of my reach to buy, so the money stops having tangible val…
> so the money stops having tangible value
I couldn’t agree with this sentiment more. My current job isn’t the highest paying job I’ve ever had (or could currently get). But the value in what I’m learning and exposed to keeps increasing over time. I am not the smartest person in the room and super happy about that
Re: How we recovered $300k of Bitcoin
#145Earlier quoted context omitted.
I'm starting to consider any company whose revenue primarily comes from ads to be immoral. It's the business of hijacking people's minds. Part of this means stimulating the worst aspects of thinking: addiction, fear, pain, all that ads seek to satisfy.
You open a business. You sell something or offer a service. Day one is "let people know that I exist". Pretty much every form this take is advertising. No business live without making its customers aware of it. It's not immoral in specializing on how to advertise. It's immoral to overstep some boundaries when doing it. Disclosure: I worked in a company whose primary revenue was selling tools to create ads.
I don't think there is any way to get rid of ads from society, as you say. I don't think ads were that big of a problem historically. The problem is that the recent (20ish years) era where the fast response of internet ads (a click on the ad immediately tell you it worked), compared to a tv ad (you wait a month to infer ad effectiveness from the revenue numbers), has enabled rapid A/B testing of ad design.
What that means is that ad design is rapidly iterated upon to maximize revenue of the company [1]. We also know from first principles that ads can have negative influences on people (making people dissatisfied with their bodies or lives, or making them engage in medically harmful behavior like smoking etc etc.). Now, there is very little legal regulation of what can be in an ad, except that factual statements in the ad are true; and ad creators rarely self-regulate.
So you have one variable A=product revenue. You have another variable B=negative psychological impact on viewers of ads. The ad optimization process only optimizes A, and places almost no constraints on B while doing so. Guess what? A significant percentage of ads end up with both high A and B.
This is the problem. I am not proposing any solutions, but the problem exists.
[1]. Also the techniques learned from internet ads are applied to tv, print and billboard ads.
Re: How we recovered $300k of Bitcoin
#146Earlier quoted context omitted.
Connecting people to goods and services they may want or need in a targeted way that tries to make them more relevant seems positive if anything to me.
Great, So when do we start? I would love to see ads that are only relevant to my life instead of penis pills.
I'm seeing lots of good ads for local business on instagram at the moment, e.g. local bars doing home delivery.
Re: How we recovered $300k of Bitcoin
#147Not only are the cryptography skills of Mr. Mike Stay is obviously impressive, his presentation of things which happened 20 years ago in a vivid yet subtle manner seems extraordinary to me. Especially since, I can't remember what I did 2 weeks back to write in my blog. Can you give us the secret of your documentation/notes workflow Mr. Mike (@metaweta)? Please don't say that you recalled from your memory!
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Re: How we recovered $300k of Bitcoin
#148I don't know why, but these headlines disgust me. There is no insight. Just. Headline of greed.
"How we cracked a zip file" would have been pretty shitty though, right?
Re: How we recovered $300k of Bitcoin
#149The technical proficiency on display here makes me swoon.
Re: How we recovered $300k of Bitcoin
#150> Recovering the key was usually instantaneous, but to help people feel like they’d gotten their money’s worth, we’d put on a little animated show like a Hollywood hacking scene with lots of random characters that gradually revealed the right password. and later ... > I’m currently looking for work in a staff or senior staff engineering or data scientist role. If you’ve got interesting technical analysis or optimizat…
That's an incredibly cynical take.
Right? Jesus...