They should keep a single competent and curious senior developer who can do it all. In this age of AI, you can make do without having a whole team of developers.
It can be said that Trump's "tweets" on that day were strategically engineered to first bring this bet to near zero before ultimately bring it to a hundred. In this way, the maximum winnings could be made by someone with insider knowledge.
I am afraid that soon, actual sea pirates, e.g. in Central and South America, Africa, etc. will start using naval mines in their regional seas, demanding crypto payment from passing ships.
If it was just to 'hide' payments then they could just use USD and using crypto would just be an improvement in convenience. A bigger reason is that they won't be indirectly attacked with monetary policy and that the acceptance of USD with entities willing to do business with them is probably low right now.
The person launching them sure does. This scenario reminds me of the time Russian hackers took over a US pipeline a couple years ago then immediately apologized saying they didn't want to cause a international incident and they would vet their targets better in the future. There are not many people who want that kind of heat. Like the first ayatollah is dead and the second is reportedly in a coma. The Iranian government is willing to pay that price and that's why they won. How many pirate leaders do you think are willing to pay their life so that their third of fourth successors can maybe collect a toll? Or how many are like Venezuela and you can kidnap one guy and the whole house folds.
Cryptocurrency has had many legal real world uses cases. It is used heavily in prediction markets. Serving as an inflation-resistant store of value that is orthogonal to gold also is an implicit real world use case. Permissionless and easy international transfer of funds between individuals has been the biggest real world use. It's not only for collecting and trading. Obviously, those wanting to suppress it will keep finding excuses.
Some bets are less gambling than others. For example, if you bet "no" on the US leaving NATO this year, just how much of a gamble is that? There are many such bets, some a lot less uncertain than this example. Anything can happen in today's environment as yesterday's ceasefire showed, but in aggregate, statistics and commonsense are not lost. The regulation you speak of is oppressive, legally unchallenged, and is considered undesirable by people who appreciate personal freedom.
'It's not gambling. Look at what a sure thing this bet is!'. Again, wild.
The regulation is often at the state level, the most representative form of legislation possible, often varying from state to state creating the freest system/market where you can chose to live in a less or more regulated state.
When at the federal level it is as the DIRECT result of the social impact it previously caused not because the government just wanted to restrict freedom but freedom was tried and in this situation not sustainable on a societal level.
The same people have no idea what's coming for them even when it's in their face as with the posted news article. If the US doesn't act now to restore the use of USD in Hormuz, it's the beginning of the end of the for the USD as a currency for international trade.
Firstly, Iran has no authority to collect toll in international waters. Imagine if a dozen other countries started using its approach of deploying configurable naval mines in international waters to collect tolls outside their territory.
Secondly, Iran definitely is blocking ships of countries that it considers hostile to Iran, with no choice of a toll for them.
Thirdly, Iran is funding terrorists in Yemen, Iraq, and Lebanon.
"The legal position is weak. Transit passage under UNCLOS Part III guarantees free, continuous, and unobstructed passage for all ships. This is customary international law, binding even on non-parties. Iran signed UNCLOS but never ratified it. The selective nature of the blockade, permitting some flag states while denying others, violates the principle of non-discrimination between flag states."
But then which is your opinion about the authority of USA to block the traffic through international waters?
Before attacking Iran, in February, USA has instituted a blockade of Cuba, intercepting the oil tankers headed to Cuba and causing thus a severe shortage of fuel in Cuba, which has caused a lot of problems to the ordinary Cuban citizens.
Thus it is quite shameless today for USA to criticize Iran for the selective blockade of the Strait of Hormuz, when USA was the first to provide an example for this kind of action. Moreover, unlike Iran, USA has started the blockade totally unprovoked and not against an attacker and its allies.
Since USA has been the first country demonstrating that they will break any international laws and treaties whenever they please, now any other country has the right to do the same thing, when this is directed against USA or its allies.
That's like that old copy pasta "If you're being mugged, just say no. Your robbers cannot legally take any of your possessions.". Its not legal sure, but their authority lies in high explosives delivered by sea and air.
Unfortunately, Israel and US have no authority to bomb Iran, capture Venezuela's head of state or commit genocide in Gaza and it seemed it was not enough to prevent those either. Looks like the only rule is "whatever to can impose by violence is okay" and by this measure, Iran is operating within the current international rules
> Imagine if a dozen other countries started using its approach of deploying configurable naval mines in international waters to collect tolls outside their territory.
I can very well imagine a country institute a blockade around another to manufacture a local economic crisis. Honestly I would rather have the US put a toll on vessels than shooting indiscriminately, or completely blockading Cuba.
I mean, looking at recent international events, they have all the authority to do it and we have all the authority to stop them. Apparently international rules and norms are made up.
> Apparently international rules and norms are made up
slowly, over time, after we see abuses and hostility that require them. I guess eventually enough people get complacent and comfortable with the sense of order, opening an opportunity for the powerful to create chaos and profit from the disruption.
Let's stop using the word terrorist because it's completely meaningless. Right now, the US and Israel are the terrorists. You realize the US and Israel are committing war crimes every hour right now by bombing schools and infrastructure, right? Trump is literally bragging while having tantrums on truth social about how he's committing war crimes.
Iran has every right to protect themselves and achieve nuclear power for energy independence. The US and Israel just want to destabilize the region for oil. Did we already forget trump has publicly said this about Venezuela and Iran? There are no WMDs this time, Trump has publicly said this is to overthrow Iran and install more friendly leadership, LITERAL TERRORISM STUFF.
You're defending the US/Israel who have publicly bragged about destabilizing nations and taking land that doesn't belong to them while bragging about the oil they're taking. Israel just got done genocide gaza and knows it has the US'$ backing to continue eradicating their enemies. And again, they HAVE SAID THIS. You have to be an absolute fool or a horrible person to still support the US/Israel's military actions right now. Iran didn't start this, whatsoever.
It is your obligation to remove defamatory comments immediately, ideally never allowing them to be posted at all (by means of an LLM). Secondly, you probably failed to provide the profile owners a way to delete their own profile if they seek privacy. These inactions are probably what led to complaints.
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