Hacker Newsnew | past | comments | ask | show | jobs | submit | m101's commentslogin

The solution to all these expenses is to just have the user pay the transaction costs. Then everyone will start using bank transfers.

> The solution to all these expenses is to just have the user pay the transaction costs.

so the ticketmaster model?


> solution to all these expenses is to just have the user pay the transaction costs

Then I offer an all-in price and take your customers.


The issue with bank transfers today is that the SEPA system is robust and established, but got no web compatible API.

But there are two projects (why one, if you can have two!?), one being Wero by different banks, the other being the Digital Euro by the European central bank. If either finds good adaption (Wero is rolling out slowly and for quite a bunch of banks every customer already got a Wero account automatically) this could move things around ...


I believe the usual SEPA flow is either scan this QR code or type this IBAN+reference into your bank's mobile app? SEPA is a "giro" system, meaning the person who owns the money has to push it, rather than a cheque system where the money owner writes something to the merchant who then pulls money from the money owner. These are always less convenient because the money owner has to contact their bank. They're also more secure.

I'm Irish, but I've built a website for an Australian client and they integrated something which did that. In the checkout, you could choose to pay with a system which would log you into your bank's website, where you could approve a payment, then return to the site on which you'd made your purchase, where it would instantly be marked as paid. I think that it may have taken a few days for the money to actually arrive in their bank account, but the payment was authorised instantly.

This is POLi and it's a massive security risk that they have everyone's bank passwords.

That would seem like a logical solution. So wouldn't it be convenient for the expensive payment methods if legalities prevented merchants from charging higher fees to customers using them?

That’s exactly the system the card companies try to impose on vendors (mostly successfully).

In the UK it’s the system the law imposes on everyone.


Indeed. It's a triumph of consumer protection laws failing to protect consumers. Merchants here have to set their prices a bit higher to compensate for the fees and you still have to pay those higher prices as a customer even if you're using a more efficient payment method. I will never understand why the law wasn't set the other way - requiring explicit disclosure of payment fees to end customers and prohibiting payment services from incorporating these kinds of anticompetitive terms in merchant agreements - so that everyone could make an informed choice and market pressures would push the transaction overheads down.

interesting question, and i used the AI for help on this one:

$ value of equity purchased in indices:

- total market cap of those 3: $3.6tn

- index inclusion weights is based on free float, not full market cap

- free floats ~5%

=> 5% * 3.6tn = 180bn of these stocks in MV weight in the index

$ value of index funds: $18tn

$ value of market cap that is tracked by these index funds: $57tn

=> index funds are 18/57 = 31.6% of the market value

=> 180bn * 31.6% = $57bn of stock included in the index funds

so $57bn in sales in other companies => 57bn/18tn = 0.32% of all other stocks sold

Now for the assymmetry here:

- 57bn in sales is about 7% of daily volume for all incumbants combined

- 57bn in purchase is about 15-30 days of volume for typical stocks (hence Elon's eagerness to get them included asap)


Companies rush to IPO because they think the price they are selling at is so high that it outweighs the painful nature of being a public company.

I spent a few weeks making this - it would be great to get some feedback on v1.

The versions of this that I have seen elsewhere are extremely unsatisfactory and this sort of problem just lends itself to being solved with AI.


Anthropic killing headless usage in their plans on June 15th pushed me to codex. I heard there’s a tmux work around though.

For those of you that use deepseek v4 occasionally, what harness do you use it with? I’m only familiar with claude code and codex.

Any comments on what you can or cannot rely on it for relative to cc and codex would be appreciated too!


Maybe check out Goose. It is the standard agent harness being developed by The Linux Foundation under the AAIF. Under active development and the implementation seems to have a good leg up on the other popular agents.

https://github.com/aaif-goose/goose

https://goose-docs.ai/


I see their name mentiod everywere along with Aider, presumably for being among the first agents, but I've never met anyone that actually uses them.

Check out pi.dev. OpenCode is a nice batteries-included Claude Code replacement, but I’m in love with the extensibility of Pi.

Any Pi extensions you'd specifically recommend? I'm just starting out with Pi, but I've had mixed results with extensions. I'm using Pi with gemma4 26b locally, so anything that's friendly to small local models would be appreciated. I think the only extension I'm using right now is pi-total-recall.

I think pi wants you to write your own extensions, adapted to your meeds.

I haven't had a need for any extensions though. Maybe subagents, but I solved that with tmux. For all the rest, I just use "skills".


This will be interesting. I can see some world where it’s used with consumers, but for the most part I think it will be in the cloud and that would make most sense


is this true because training companies have not been training AI for both performance and brevity (or some other metric like that)? If this becomes a much more serious issue surely they would adjust the training processes


Isn't it true that the more people that sign this petition serves to increase the case for the NYT to not be allowing access to archive.org (as many have said - most people only care because it allows them to circumvent paywalls)?


No blackout for a year: nothing to see here.

People didn’t do what they said they’d do: No problem with the system it’s the people that didn’t do what they said they would do.


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

Search: