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IPO and quarterly demand for profit.

Gitlab was generous first, to rise as a valid alternative to GitHub. They never got the comminity aspect right, perhaps aiming for profitability with a focus on the runners instances which is how they make money.

With profitability, the IPO made sense.

GitHub probably had a different strategy..keep it generous, get the entire open source community, keep raising money and one day someone will buys us out for billions. We we are, Microsoft goal is to capture the community, it works. It's sticky.


Just me or does sit well to monetize _mostly_ off the core benefits of an open source application?

Can't be easy to build a GUI on top, but I'm sure a 10% revenue to be redistributed to the hero behind jj would go a long way. Would also pay off.


There is nothing about neither the licensing of jj or the spirit of open source that stigmatizes this.

Nothing against, I agree.

The hero behind jj is employed by Google afaik, so we're good.

10% revenue to google?

While the primary maintainer is a Google employee, the majority of commits and committers are not. It's decidedly not a Google project.

I mean the Google CLA kind of says otherwise.

Fair point, I thought it had been eliminated, but apparently that is pending the adoption of the project by a foundation such as Apache or the Linux foundation.

Touché

It's euphoria at this stage.

Ads from the World Gold Council are becoming very frequent, targeting consumers. That must mean something (looking for exit liquidity)


Sounds right but another big factor is to get some predictability.

Demand for mortgage varies over time, regulations change. It's a long term product, banks like to know with high certainty that when someone signs up it will be X earned over a period, not maybe X minus we don't know over an unknown period.

They are in the business of capital efficiency. Lack of control makes capital less efficient, or at least more expensive to keep efficient.

Overpayments (in the UK) are often not allowed, when they are, the borrower needs to arrange it when the loan is taken, and for a fee.

Refinancing is a right, but the fine prints told borrowers at what penalty.


It won't bail out AI ventures directly but it will bail out the banks that financed them.

Not a trick, if banks fall everything falls. what is infuriating: that we can see the value isn't there to justify the cost, yet that unprecedented amounts continue to flood into this tech segment, especially to the loudest and popular and over promising flavour of it: GenAI.


Roujin Z shows Japan saw what's coming over 20y ago, already.

But politics isn't involved.

The point of tender is to represent value.

Your water in the desert costing 100 times what it costs where it rains is meant to represent its scarcity here vs over there.

Take cuban dollars vs normal dollar. In there the two tenders aren't proxy for value. Proxy for a political control so that the wealthy visitor pays 10 times, for the same bottle of water on the same shelf.


I don't see 30%. Maybe 12% from the very recent top, back to wherever it was just a few weeks ago.

https://www.kitco.com/charts/silver

There has been significant recovery in after-hours trading, but check out that "day's range". The low point was around 1:40 PM EST.


>There has been significant recovery in after-hours trading

After hours has been flat. I think what you meant to say is it recovered a tiny bit from it's regular trading hours low. It's still down over 25% on the day.


I know it was recovering in the afternoon, but I didn't think it got to ~85 by the bell. Maybe I misremembered. It doesn't help that SLV is close to, but not equal to the price of 1 oz.

it was at 120 and now it's at 85. yes it's back to where it was a few weeks ago

Why do people say this… ok so you buy at 120 and now it’s back at 85, no big deal that’s the same as a few weeks ago!?

yes, that is correct.

most people are long on silver and gold. who cares if there was a slight correction.

I bought the bulk of my silver in the $20-30 range and am still buying. I bought on the way up, I bought at $120, I'll buy at $85. The price at the time I buy really doesnt matter to me. Only when I sell will it matter.

I hope to cash out and buy ~150 acres of land with it to hunt on and live on.


So it can just go back to the price it was 8 months ago and stay there, there’s no reason for silver to be so high. The companies using it for industrial purposes get it straight raw from the mines they aren’t buying bullions on the silver markets.

Which was my point. Unless someone is heavily leveraged or happen to have bought at the very peak, what matters is the rend, not intra day phenomenons.

I don't mind getting down voted by leveraged traders who got liquidated.

For disclosure I think gold/silver at this point is way overvalued, just the symptom of what this article is all about.


Clearly very few people were buying at 120 which is why it fell back to 85. It's a highly volatile commodity. Commodities markets go through booms and busts all the time and you never even hear about most of them.

My bad. I placed a small buy at around $120, afterward it immediately tanked. Sorry folks!

For clarity: that is sarcasm.

Your point about commodities is broadly correct but that was a historic daily draw down in silver as well.

Not even needed to appear on a site, send an email.

But then what's the purpose of the bot? I already found limited use for it, but for what it could be useful would need access to emails, calendar. It says it right on the landing page: schedule meetings, check-in for your flight etc..

I've got a similar setup (VM on unraid). For me it's only doing a few light tasks, but I have only had it running for ~48hrs. I dont do any of the calendar/inbox stuff and wouldnt trust it to have access to my personal inbox or my own files.

- Sends me a morning email containing the headlines of the news sources I tend to check

- Has access to a shared dir on my nas where it can read/write files to give to me. I'm using this to get it to do markdown based writing plans (not full articles, just planning structures of documents and providing notes on things to cover)

- Has a cron that runs overnight to log into a free ahrefs account in a browser and check for changes to keywords and my competitor monitoring (so if a competitor publishes a new article, it lets me know about it)

- Finds posts I should probably respond to on Twitter and Bluesky when people mention a my brand, or a topic relating to it that would be potentially relevant to be to jump into (I do not get it to post for me).

That's it so far and to be honest is probably all I'll use it for. Like I say, wouldn't trust it with access to my own accounts.

People are also ignoring the running costs. It's not cheap. You can very quickly eat through $200+ of credits with it in a couple of hours if you get something wrong.


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