Dlr is canada and takes 3 days.
And even a +1 day is a long time. And then there’s weekends and holidays. So you could do something on Thursday, Fridays a holiday, so then it’s Monday is the +1 and you are settled and complete on Tuesday morning.
A lot can happen between a Thursday morning trade and Tuesday morning, and a lot can happen in a regular +1 day. The markets don’t really care about non business days and shit happening.
Same day within minutes settlement would be huge.
It would reduce the settlement time from multiple days to likely minutes.
When you trade a stock today, it’s not actually complete for 2 or 3 business days as it has to go through the settlement process. Generally, it doesn’t cause problems for retail traders as exchanges act like its completed, but even for us it can introduce real issues sometimes and delay you from making a trade.
For example, in Canada, the cheapest way we can convert CAD<–>USD is through a process called Norbits Gambit.
You buy DLR.TO (CAD) or DLR.U.TO (USD) and then your have them journal your shares from one to the other for free, or a small fee like $10. You don’t pay an exchange rate fee, however, because the trade hasn’t actually settled when you buy the shares for 3 days, they can’t journal them. So for 3 business days you’re exposed to any fluctuation in the exchange rate. Generally that’s cheaper than what a bank will charge you and it’s the risk you take. It’s also a 1 way risk, I can’t recall if it’s USD -> CAD or CAD -> USD, but one of them is locked in, and the other is exposed. (Edit: It’s DLR.U.TO that exposes you. Holding either is like holding USD, so when you buy DLR.TO you already bought the USD value in CAD)
At WealthSimple, when you sell some shares, you can’t actually transfer the money to your bank account on the same day. The balance isn’t available to transfer.
I’m sure it can cause more problems for professional traders and institutional stuff, and even other ways it impacts us that I don’t know about.
Don’t forget to sell the unicycle when you buy the car.
I think the point is, if you’re not carrying 4 passengers all the time, why the fuck did you buy a car when you could have bought a unicycle instead?
Hey ya’ll, did you hear that fatal strokes cure Alzheimer’s?
How do i get me them fatal strokes!? I figured out how to get raw milk with H5N1 and Ivermectin but I can’t figure this one out? I don’t wanna get Alzheimers and this cure sounds amazing.
Nah, it was ThisIsMyRedditName (jk)
I wouldn’t call that an ideal implementation, but if they implemented it properly, there’s no way for the website to know who you are, and there’s no way for the website to tell the authority you visited their site. If there is, it’s not actually a ZKP and it’s a failure of the technology (and I assume at that point be against the law). The only abuse that should ever be possible is that the authority knows you are using tokens, not where.
The only required trust that should be needed, is that the authority proved your age in the first place, such as when you get your drivers license, and that they actually implemented all the cryptography properly (which a 3rd party could verify)
Edit: And if there’s concern about token sharing somehow, it should be locked behind your biometics in a way that again doesn’t leak any information, which they saw you encode when they verified your identity.
Edit: think something like a programmable credit card with a key that can’t be removed, but the card can be programmed with an age by the authority and locked by a biometric. You go in, plug the card in, they add the age and their part of the key, you scan your fingerprint on it, and then you’re done. They never see your key. You then use it anywhere it’s needed and it never goes back to the central authority. Give it a limited lifespan so it has to be renewed once a year or something.
Well that’s awesome. I had heard Germany did a ZKP solution, I didn’t realize it was EU law.
I don’t really expect anywhere but the EU to do that though. ZKP are really the only way to do it if it’s going to be done.
but this doesn’t necessarily mean that the identity verification company is reporting to the government which people have initiated age verification, or for which websites.
Oh sweet summer child.
Unless it’s designed to not be capable of doing it (its not), they are doing it and it’s the intended plan.
RFK Jr announces that the environmental hazard causing autism is being hit by a neutrino while in the womb!
So, turns out Tesla really is going to try and get the verdict tossed by the judge due to trial and/or jury mistake rather than (or in addition) to an appeal.
https://storage.courtlistener.com/recap/gov.uscourts.flsd.593426/gov.uscourts.flsd.593426.568.0.pdf
Tesla Is Entitled to Judgment as a Matter of Law (or at Least a New Trial) on Liability. For Tesla to be liable in any amount for this tragic accident, Plaintiffs were required to prove both that Tesla’s 2019 Model S was defective in some way and that the defective design or warnings caused McGee to blow through a stop sign and crash his car into an SUV that was parked well off the road when he was pushing the accelerator while fishing around for his phone. Lesnik v. Duval Ford, LLC, 185 So. 3d 577, 581 (Fla. Dist. Ct. App. 2016). Plaintiffs’ liability case hinges on two experts whose testimony did not meet the standards established by Federal Rule of Evidence 702. Especially without their testimony, the record cannot sustain the verdict. But even with their testimony, Plaintiffs failed as a matter of law to establish that the 2019 Model S—which provided a carefully engineered system and offered extensive warnings on its breakthrough Autopilot system—was defective or caused the injuries that Plaintiffs suffered after McGee crashed into Benavides and Angulo. The Court should grant judgment as a matter of law in Tesla’s favor on liability or, at a minimum, a new trial.
Edit: Also I was asking googles AI about differences between the term JMOL and what I saw and posted about earlier JNOV, and they’re apparently the same thing. One used to be for before the verdict, and one after, but now it’s just the same term. They’re basically saying the Jury got it wrong with or without the evidence.
It becomes a saftey issue when there’s enough to cause pitting or gouging, which in turn reduces the surface area you can brake on. You’ll fail before that point. You’ll fail at the point that using the brakes can clear them and let you pass.
It means the test is too strict.
Rust can be a real problem, but you can fail before it is a saftey problem.
It’s not a serious saftey issue at the level that would fail the car.
If you are gung ho on regen and never use/clear your brakes, you could definitely get to the point of it being legitimately dangerous, and that 100% needs to be found during an inspection and resolved, but that’s not what’s happening here in a lot of cases. This isn’t a OEM problem, it’s driver education around something entirely new problem. (edit: There are a lot of signs that something is wrong before it gets dangerous.)
Oh shit, I didn’t realize this was Denmark, i was thinking of the German one. In the German one, Tesla was only 1-2% above the next worst one which wasn’t an EV. And the reason Tesla would have more issues with rust is the reasons I listed above.
Where do you see the actual numbers/ranking the article you posted doesn’t show that, but the first thing it calls out is brakes (among all the others)
Edit this is the quote from the article
It is especially the fault groups “brake equipment”, “lamping equipment”, “axles, wheels and tires” and “controlldom” that the cars fail
Regulation regarding rust on the brake discs is very clear, and trivial to fix. So why wasn’t it fixed?
It’s not something to “fix” like that.
It’s there one day and its not the next. If it’s there, you fail.
It just depends on if you’re using them or not and the weather at the time. If you take the time to go to a shop for a pre-inspection (not everyone will), and they see rust, they’ll just tell you to go use your brakes. That’s the fix.
Tesla wasn’t going to be last if not for this rust issue.
Edit: Just to be more clear - If you drive your car in the rain, park it for a few days or even overnight and check it, you’ll have rust. You don’t fix that in any way other than using them. OEMs don’t just fix that.
Tesla’s high failure rate is primarily due to rust on the brakes from people using regen. Rust will form on all brakes if left unused, it’s just a matter of using them. There was also an issue with the front suspension that required a service bulletin at the time that was legit, but wasn’t a saftey thing.
There’s a few things that could lead to Tesla having higher rust rates over other EVs
Either way on an EV, you need to use your brakes on occasion or rust will form. Using the brakes clears the rust.
Edit: Essentially, this is a case of the facts are true, but the facts don’t always tell the whole truth. If you walk away from reading about this report thinking Tesla is the least reliable car, you’ve been mislead, unintentionally or not.
The Canadian and US autosector are heavily intertwined. BYD destroying the US or Canadian market, will also destroy the Canadian sector which is already on edge.
Ah ya, i remember that article. The one where the author used the cyber truck being blown up by a person using fireworks and the limited sales / fires to get to that conclusion the fireworks allowed.
Definitely just the guy that preached hate, they don’t care about the kids, but I am curious if they held one for the elected democratic members that were assassinated a few months prior.