3 ms·

Very impressive and congratulations for playing the game right, but the idea that 3% of all crypto use is from 5 people in SF ratifies a lot of my negative beli

Very impressive and congratulations for playing the game right, but the idea that 3% of all crypto use is from 5 people in SF ratifies a lot of my negative beliefs about the crypto world.

texasbigdata 5y ago
Why? A priori there were 5 fewer, they saw an opportunity and entered, and likely more will too, and eventually it will saturate and balance out. Startups providing liquidity can be a good thing.
ambicapter 5y ago
As a counterpoint I'd love to see the numbers for fiat stock markets. I assume the big players do ALOT of trading volume relative to the majority.
boringg 5y ago
Where did you get SF from? I mean seems like a likely place but I don't think OP said that did they?
- ALittleLight 5y ago
  I think 3 and 5 are the problematic variables there, not SF.
- moritonal 5y ago
  Haha, you know what, I have no idea! It was my mistake, he is in fact french. A quick google of the email leads to "http://tufa.ai/ http://tufa.ai/". Some commented code in the site leads to the quote "“Tufa” is a name for a new word Josh Tenenbaum gives when talking about the idea of learning with few examples" which matches against the blog "https://pinouchon.github.io/ai/machine-learning/2016/03/21/can-your-learning-algotithm-do-tufa-learning.html https://pinouchon.github.io/ai/machine-learning/2016/03/21/c..." which matches against "Benjamin Crouzier" who both wants "To finance a research startup" and is pretty good at dominoes (https://www.dailymail.co.uk/news/article-7690571/Man-spends-days-building-intricate-structures-thousands-tiny-planks-knock-down.html https://www.dailymail.co.uk/news/article-7690571/Man-spends-...). Their reddit account confirms they've been working in ML and Bitcoin for 3 years. So France, not SF (https://www.f6s.com/tufa https://www.f6s.com/tufa), and appologies @not-a-cat if you considered this a good sock-puppet for @pinouchon.

Very impressive and congratulations for playing the game right, but the idea that 3% of all crypto use is from 5 people in SF ratifies a lot of my negative beliefs about the crypto world.

texasbigdata 5y ago

Why? A priori there were 5 fewer, they saw an opportunity and entered, and likely more will too, and eventually it will saturate and balance out. Startups providing liquidity can be a good thing.

ambicapter 5y ago

As a counterpoint I'd love to see the numbers for fiat stock markets. I assume the big players do ALOT of trading volume relative to the majority.

boringg 5y ago

Where did you get SF from? I mean seems like a likely place but I don't think OP said that did they?

ALittleLight 5y ago
I think 3 and 5 are the problematic variables there, not SF.
moritonal 5y ago
Haha, you know what, I have no idea! It was my mistake, he is in fact french. A quick google of the email leads to "http://tufa.ai/ http://tufa.ai/". Some commented code in the site leads to the quote "“Tufa” is a name for a new word Josh Tenenbaum gives when talking about the idea of learning with few examples" which matches against the blog "https://pinouchon.github.io/ai/machine-learning/2016/03/21/can-your-learning-algotithm-do-tufa-learning.html https://pinouchon.github.io/ai/machine-learning/2016/03/21/c..." which matches against "Benjamin Crouzier" who both wants "To finance a research startup" and is pretty good at dominoes (https://www.dailymail.co.uk/news/article-7690571/Man-spends-days-building-intricate-structures-thousands-tiny-planks-knock-down.html https://www.dailymail.co.uk/news/article-7690571/Man-spends-...). Their reddit account confirms they've been working in ML and Bitcoin for 3 years. So France, not SF (https://www.f6s.com/tufa https://www.f6s.com/tufa), and appologies @not-a-cat if you considered this a good sock-puppet for @pinouchon.