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That's rough. It sounds like this particular college in Ohio never adapted to the changing conditions after covid and the administration buried their heads in the sand until it was too late.
It also makes me wonder what the end result of an endowment really is. My own alma mater has an endowment of only ~$30K per student, which is pretty tiny. And yet tuition is still reasonable, the class sizes are small and research opportunities for students and faculty are abundant. Does a large endowment just mean more money spent on sports and administration overhead? (My college had no sports scholarships - we barely had any sports.)
Much like regulating your emotions with meditation practice, being quick to anger doesn't make you a good or bad person imo, just more impulsive seeming in this case. I would feel bad projecting my totally unregulated emotion on people I care about, but I also view my thoughtful regulation as part of what makes me who I am. Incidentally, I'd generally rather stay quiet than put out unneeded negative energy.
I've found I quite often have thoughts that spring to mind unbidden - I think that's just how our brains work. Sometimes they make me laugh inside and others are things that I would hate to broadcast. Being able to soundly reject the worst of my base impulses before subjecting them to the rest of the world is kind of important. I wouldn't want to give that up, but at the same time just being a hot head doesn't make one a bad person.
I don't curse much - mostly because I don't find it as expressive as other options most of the time. I think a well placed curse word from time to time is impactful though, and I wouldn't necessarily refrain from using one in front of my kid. Now that he's a teenager, I actually wish he would curse more. His generation has a bizarre fetish for puritanism.
That's really impressive. We could stand to learn a thing or two in the US from Finnish schools. I think a major issue is that teaching is not a respected profession currently. Having tried to teach grade school aged kids even briefly though, I can confidently say it's a whole different skillset than engineering and should probably warrant at least as much professional respect given how impactful it can be on the next generation.
Glad you're involved in this Mike. Appreciate all your efforts in coordination and technical communication. I know we like to keep development decentralized, but given the stakes, I think a bit of a coordinated effort on the quantum front is a worthwhile response. Best of luck!
That's awesome. Lyn is insightful on a number of topics, so I'm glad that she's broken into the mainstream. I remember when Yahoo finance and CNBC started covering bitcoin regularly and how strange that felt. With more economists like Lyn around, it will just seem like second nature to the next generation when they start to follow economic news.
Congrats on the new kitten!
I have a neutered cat that basically adopted us as a kitten. He comes and goes as he pleases because it didn't feel right to me to lock him up inside. In the summer he's mostly an outdoor cat and in the winter he hangs out inside a lot more.
He's incredibly good natured to people - most of the neighbors know him and I know he hangs out in their homes sometimes. But he also scraps with the local cats constantly. I wish he were a little less territorial. He's 10 now he stays at a healthy weight all on his own just from getting out and about. No regrets about getting him neutered.
If you have a new kitten, you should have a few months before you need to make the decision.
This also sounds like Gresham's Law.
Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two coins in circulation containing metal of different value, which are accepted by law as having similar face value, the more valuable coin based on the inherent value of its component metals will gradually disappear from circulation.
I think it would reasonably be a ponzi-like scheme if dollars were actually scarce, and the two currencies were roughly equivalent in issuance. But if you assume they actually keep producing dollars at a rate of 7%+ per year, then it just seems more like a speculative attack on the currency.
It doesn't make sense when your premise is that dollars are money. In a world where currency isn't scarce, I would argue that equities (and in some locales real estate) have broadly taken the place of money/savings.
Under this model, the incentives are to issue as much new "money" (shares) as credibly possible. We've seen some of the biggest publicly traded companies be cashflow negative for basically their entire existence, so that's not a part of the credibility evaluation. It's more of "do they have a compelling growth story."
From the banks, to the regulators, to the equity owners, to the lawmakers, virtually everyone involved is incentivized to perpetuate this scheme. I guess I'm not surprised anymore, because in a perverse way, it makes sense for the reality we're living in.
Probably Greece. Crete was really cool, Athens was great. Delos was fascinating. The cats are friendly and the people too. I enjoyed just taking some random hikes and eating delicious food, which can be found pretty much anywhere.
This got me interested in the algorithm itself. It would be great to hear about it from a cryptographer, but from what I gather it uses ML-KEM (a.k.a. kyber) to replace the traditional ECDH key exchange. ML-KEM is lattice based encryption, which uses a learning with errors (LWE) algorithm, which sounds cool, but is still very young in the encryption world.
So because this hasn't stood the test of time, they're using a hybrid approach. They generate a symmetric key via ML-KEM, which is then used to privately exchange traditional AES keys and encrypted data. Basically, the public key is never available to an adversary that could collect the traffic and one day have a CRQC to break it.
It doesn't seem like serious applications are ready to jump to lattice-based encryption wholesale yet. The devil you know is better than the devil you don't?
Mostly Bitcoin++, but @niftynei held like 6 of them last year all over the world. Otherwise MIT Bitcoin expo and OP_NEXT have had some interesting technical content as well. And then there's random stuff like the quantum summit at Presidio Bitcoin that looked productive. It will be hard to replace TABconf though.
Some nodes/wallets have a bootstrapping feature to open a direct.connection so they can fetch an invoice when they can't find a route for an onion message. But yeah, it would be great to see wider adoption.
Dang, I remember getting FOMO from missing the first TABConf. So much great technical content and clearly a labor of love. I've made a lot of friends there over subsequent years as well. We have other conferences to carry the torch now, but this one will always have a special place in my heart. Well done @tidwell and company.
You're looking for bit 38/39 option_onion_messages from bolt-9 assigned-feature-flags in order to relay the offers, which is just the messaging layer, not the payment. In order to pay to them (once they've fetched the offer), you generally want a peer that also supports 24/25, option_route_blinding so that it can act as a fronting node for your invoice because bolt 12 uses blinded paths by default. Route blinding should be widely supported at this point though.
The end of an era! I'm going to miss TAB Conf - you all really set the bar for what a technical bitcoin conference can be. I've met so many great people and friends there over the years. Thanks for all your dedication and making them them happen.