When one reads more into the purpose of banks, you'd want them to fail more often. https://twitter.com/benjitaylor/status/1634956860502704128. https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years is a good start.
Standing in solidarity! https://twitter.com/FriendsOfTrevor/status/1631293281014513664
Top cop of NYC: https://twitter.com/NYCMayor/status/1635087264236830721
This is the kind of critical thinking I wish more people had. https://twitter.com/MsKellyMHayes/status/1635260522382884864
Looks like now there's a system in place that'll allow more of these kinds of failures to be insulated by the federal government (again, where is this "free market" stuff going to kick in)? https://www.reuters.com/business/finance/regulators-urged-find-silicon-valley-bank-buyer-industry-frets-about-fallout-2023-03-12/. This, at least, protects workers who have no say in these arrangements (as capitalism demands) by paying them out from. They're saying they're not being bailed out, so does that confirm that those banks won't be operating anymore? Because they shouldn't be able to.
I've heard a little bit about this crash from random documentary about video games, but this is such an anti-consumer response (imo) from Nintendo (nor was this covered). Wow!
Oooh, TIL! And that does indirectly explain their want to make it hard to get the needed firmware/software to be emulated.
If we had something like https://en.wikipedia.org/wiki/Communism_in_Kerala happening in the United States (where the "two sides" is one that leans into actual forms of democracy and another into healthy communism) from the 1920s, so many peoples' lives would have been better off. So many wars could have been avoided.
So the US (and Canada, kinda) spent half a million dollars on an AIM-9X Sidewinder missile (according to https://globalnews.ca/news/9480589/surveillance-balloon-canadian-forces-response/ to shoot down a drone (from who knows where? Our tax dollars should enable us to know what the fuck they're shooting) over Alaska https://www.cnn.com/2023/02/11/politics/norad-additional-object-northern-canada/index.html. This is somehow more "important" than - check notes - giving people free healthcare, stimulus support, eliminating homelessness and hunger.
The way this was also tied up with crypto... https://archive.ph/DJqhL. When there's a shit ton of smoke, there's a missle - not fire - self-destructing.
TSA pre-check: something used to "prevent terrorist attacks and improve security" is renewable online (I think I paid $70). Any sort of state ID? You're lucky if you can get an appointment to renew.
I'd randomly think that I'm too old to be this mad at the world but then I remember I'm also not "old" at all. Maybe after 60, lol. Not even halfway there yet.
https://github.com/Librecov/librecov could be an option for furniture. It does look a little unmaintained, assuming from https://github.com/Librecov/librecov/issues/203. I have experience with Elixir projects, so I can try seeing if I can integrate this into Convene over the next week.
If not, this does feel like a (big) project in itself that the general developer community interested in self-hosting would be interested in seeing a solution for.
One thing I am excited about due to this bank crash: other sustainable systems that didn't rely on VC will have time to prop themselves up. If https://twitter.com/GRDecter/status/1634321912565227521 is to be believed, the next five years are prime time for cooperatives and collectives everywhere.
The government bailing out Silicon Valley Bank but leaving Ohio in dismay, millions still without student debt cleared and uninsured needs to be a smack in the face for centrists. The only people being paid out should be the workers of affected companies — executives made their bed since workers couldn't vote on what banking infra to use.
Endangering the livelihood of people for profit should be something that one could be tried for. Especially in this vultristic economic landscape.
Bro, the bank is GONE. The money's seized by the State (the debt, really). https://twitter.com/sama/status/1634249962874888192. VCs and the like are really disconnected from reality.
Here's such a link! https://buttondown.email/jackyalcine/rss
Here it is! https://buttondown.email/jackyalcine/archive/an-upcoming-event/. Almost a thousand words, ugh. Let me know what you think (in your preferred approach)!
Typing away at the next newsletter entry! I need to be better about this (like getting a schedule) but also, this is a hobby that I like to do so I'll do it when I want. Screw the milling of content, lol.