Hacker Newsnew | past | comments | ask | show | jobs | submit | yankput's commentslogin

Yeah how can you launder money with ATMs, all the cash in and out is accounted for in the system.

They are scam but not for money laundering. Just scam.


I was working on a Grab competitor, you would be surprised about the number of subsystems running there.

There are entire teams that are working on just internal services that connect some internal tools together.

There was also very little effectivity and efficiency in the era of cheap capital so there were tons of talent wasted on nonsense. Uber built their own slack for a while!! (before just going to mattermost)

People always ask who actually makes money on Uber... I think it's not the cab drivers, not the investors, who makes money is the programmers. It's a transfer of money from Saudis to programmers.

Well it was, anyway.


This really feel like a supervillain origin story though

Now Sam should make a green goblin mask and learn how to fly around town


Ilya is spiderman then lol.


In my experience Teams is great for calls (both audio and video), horrible for chat. I guess because it's built on top of Skype codebase? (just a guess)

But it's out of the scope for this discussion.


The chat portion of Teams is so very poorly designed compared to other corporate chat systems I've used.

I mean even copy and paste doesn't work correctly. You highlight text, copy it and Teams inserts its own extra content in there. That's basic functionality and it's broken.

Or you get tagged into conversations and with no way to mute them. For a busy chat that alert notification can be going off continuously. Of course the alert pop up has been handily placed to cover the unmute icon in calls, so when someone asks you a question you can't answer them.

Teams feels like a desperate corporate reaction to Slack with features added as a tickbox exercise but no thought given to actual usability.

I never thought that Slack or the whatever Google's chat system is currently called was in any way outstanding until I was made to use the dumpster fire that is Teams.

It's a classic example of where the customers, corporate CTOs, are not the end users of a product.


I hope you'll never have to use Webex.


Sweet fuck after covid I forgot about webex. I think I might have ptsd from that.

The Teams/Zoom/Other platform arguments have nothing on how unfriendly, slow, and just overall Trash webex is.


Working at a company that still uses it, but with a change on the horizon.

It still, in the year 2023, plays an unmutable beep noise for every single participant that joins, with no debouncing whatsoever.


It astounded me that that company was either unwilling or unable to cash in on work from home during covid.

That has to be among history's biggest missed opportunities for a tech company.

Anyone here associated with them? Why didn't they step up?


Didn't they do some sort of cryptocurrency thing. How is that going?

edit: it was called MobileCoin right

edit2: they do

https://support.signal.org/hc/en-us/articles/360057625692-In...

is that generating any revenue?


I have held off donating to signal so far exactly because there is no clarity around this token, why it was even added to signal and who profited from that.


And they stopped updating the server code repo for a year, apparently to hide the launch of this token: https://news.ycombinator.com/item?id=26725915

I don't think they ever confirmed that this was why they stopped updating, or did a postmortem on how poorly that launch went. I vaguely recall there was also an unexplained spike in MobileCoin trading shortly before the public launch that looked quite a bit like insider trading, though right now the stories I can turn up about it here are about similarly disconcerting and unexplained issues in its provenance: https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...

It's hard to take this fundraising plea seriously when this financial disaster is never even mentioned. I hope I've just missed whatever Signal has done to try to repair trust after the, but the fact that they haven't even removed it from the app is not promising. Can anyone share updates?


I for one will never donate to signal, and consider my $1000 (or $20k of never realized "fake" money, explained later) lost to mobilecoins to be my lifetime "donation" to them.

Short timeline of events from my side:

- Signal announces/endorses mobilecoin support, as their new and only cryptocurrency option

- I figure I'll get on it early this time after missing out on Bitcoin, despite Signal only supporting this in the UK (for now)

- Mobilecoin and Signal websites both mention FTX as being the only exchange where you can currently buy mobilecoin, never used it before but I go ahead, transfer $1000 worth (at the time) of bitcoin to buy mobilecoin

- There are currently no other wallets for mobilecoin (except maybe some difficult to use or obscure ones that looked sketchy? don't like leaving money on the exchange but didn't really have other options)

- Mobilecoin spiked on ftx, sold and bought back a few times, at the right time with some good luck, now have $20,000 of mobilecoin

- Signal finally adds support for mobilecoin in my country, proceed to try and withdraw it

- However, my country just announced legislation to require ID in order to buy/sell cryptocurrency, but it's not planned to go into effect for at least another 6 months or so, but FTX decided to start requiring it immediately and wouldn't let me withdraw without it (I could see they were still willing to take more deposits from me without it though!)

- FTX had trouble verifying ID, I already suspected what was about to happen, tried my best to get my crypto out but they kept having excuses, the ftx fall out and everything became known some months later


> I figure I'll get on it early this time after missing out on Bitcoin

So you only aped in because you were hoping to get rich without doing any work, and then you fraudulently opened up an account on a shady ass centralized exchange when you knew you couldn't KYC, and got your pretend money stuck, and then when FTX fell over it turns out it was never really there.

Cryptocurrencies are awesome. Greedy people who can't do research and complain loudly when their "get rich quick" schemes blow up in their face make everyone look bad :-/


> So you only aped in because you were hoping to get rich without doing any work, and then you fraudulently opened up an account on a shady ass centralized exchange when you knew you couldn't KYC, and got your pretend money stuck, and then when FTX fell over it turns out it was never really there.

> Cryptocurrencies are awesome. Greedy people who can't do research and complain loudly when their "get rich quick" schemes blow up in their face make everyone look bad :-/

Normally I wouldn't acknowledge this, but I find your assumptions and accusations about me quite rude, for someone who has been on HN for at least 12 years you should know the rules. I simply stated the timeline of events as is, because there is no denying the connection between Signal and FTX through mobilecoin, and I only spent what I could afford to lose, I was well aware of the risks.


> when you knew you couldn't KYC

What? Did you actually read what you replied to?


Yeah how can I trust the security of an app which is engaging in potential financial fraud. Like ffs, if your whole thing is trust and principles, don't start fucking around with things for personal financial gain.


Probably not much at all. Thankfully they didn't shove it down user's throats - its kinda hidden behind a setting. I guess if they did push it harder to users it may have generated more revenue, at the cost of users who won't put up with cryptocurrency rubbish.


(HN capitalised CVs to CVS, not me.)


You can update the title to correct it.


I don't get it, didn't Google sold their domain business?


They sold their registrar. This is their registry.


It doesn’t surprise me that twitter engagement went down. It’s worse in every imaginable way (except for community notes, those are nice I guess)

What does surprise me is how little it decreased. The site is barely usable now and, the usage did not go THAT down?


Epic is underperforming


Ahhh how did I miss that!!

That is amazing. Goodbye gorilla mux.


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: