• 1 Post
  • 24 Comments
Joined 11 months ago
cake
Cake day: August 7th, 2023

help-circle

















  • When talking about messaging apps, you’ve to use the one that’s easiest to use even for the most noob tech person.

    Signal uses phone number, because that’s how people generally communicate. It’s easy to use, setup. No privacy nightmares compared to WhatsApp, or security nightmares compared to Telegram (where E2EE is not even on by default). It’s open source, regularly audited and can be used on any device (no more proprietary green bubble nonsense). There’s still a market for Threema and Matrix, etc. It just never will be mainstream.



  • Currently the real estate market seems to be on very shaky grounds as developers have debts that they’re not being able to pay off. So bonds whose coupons are due are not being paid.

    Chinese citizens generally pay up front a certain amount (or fully) long before they move into their apartments. This money is generally used to complete construction. But developers seem to have used this to buy other properties for construction, over leveraging themselves. And now that construction is wayyy behind schedule and the people still can’t move in, they’re refusing to pay their mortgages causing banks to pull back lending and become more strict with debt restructuring for developers.

    Tldr: Way too many homes built for people who don’t want them. Lots of loans might be unpaid. Might affect other sectors.