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Cake day: June 30th, 2023

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  • I looked up some stuff about Argentina’s financial crisis since you mentioned it before, and it looks like they actually did something a bit like what I’m talking about, directly appropriating the valuable assets they could in an effort to keep being able to function:

    In addition to the corralito, the Ministry of Economy dictated the pesificación; all bank accounts denominated in dollars would be converted to pesos at an official rate. Deposits would be converted at 1.40 ARS per dollar and debt was converted on 1 to 1 basis.[69]

    There’s some indication that this also applied to financial products:

    As noted above, a number of U.S. investors have filed ICSID arbitration claims against the government of Argentina. Most of these investors consider the January 2002 pesification of dollar-denominated contracts, and/or the ex post facto prohibition on contracts linked to foreign inflation indices, to be an effective expropriation of their investments

    I can’t specifically confirm this included gold held on paper, but I think it probably would have.

    As for the plausibility of this sort of thing happening in the US, in addition to the actions of Roosevelt mentioned by @diablexical@sh.itjust.works, the main trigger for Nixon abandoning the gold convertibility of US dollars was France attempting to physically withdraw the gold they had stored in US banks, which they didn’t want to allow.








  • A bundler, a transpiler, a runtime (designed to be a drop-in replacement for Node.js), test runner, and a package manager - all in one.

    Bun’s single-file executables turned out to be perfect for distributing CLI tools. You can compile any JavaScript project into a self-contained binary—runs anywhere, even if the user doesn’t have Bun or Node installed. Works with native addons. Fast startup. Easy to distribute.











  • I use FreeTube, but this doesn’t seem like a “youtube piracy” solution because it is streaming the content directly from youtube, which can ultimately prevent access; I already am blocked from watching certain videos that require you to be logged in to watch.

    The problem is basically, if there is a specific youtube video you want to watch, but youtube insists that you must provide ID to see it, right now I don’t think there’s actually a lot of recourse for that because there are too many such videos for anyone else to actually host them or offer torrents or anything.