Acrobatic_Road

45 ms·

571.
by Acrobatic_Road 7y ago
The Wikipedia article seems to suggest otherwise. Select quote: "In August 2012, the FBI also issued a warning that scammers were taking advantage of MoneyPak's untraceability to coerce unwitting victims into paying a "ransom
572.
by Acrobatic_Road 7y ago
They used moneypak transfers, from what I remember. Personally, I would rather live in the world where we have financial privacy and financial freedom even if that means dealing with ransomware. (which is mitigable with proper planning). If
573.
by Acrobatic_Road 7y ago
As far as I know, no, moneypak transfers cannot be traced.
574.
by Acrobatic_Road 7y ago
You clearly don't remember when they used to ask for moneypack transfers.
575.
by Acrobatic_Road 7y ago
>Smart contracts also do not need censorship resistance. People get along fine with the current legal system at least for civil lawsuits. Really? How can a financially censored person access financial services? If you aren't allowed
576.
by Acrobatic_Road 7y ago
>The cost of doing that is making the wallet largely useless for purchasing anything over 50$. I don't think I ever spend that much in a single day though. The limit will differ from person to person. >The independent ability to
577.
by Acrobatic_Road 7y ago
If you use a smart contract wallet you can actually protect yourself from losing all your money even if someone gets your private key. You can set a withdrawal limit of say, $50 and you can set a few recovery addresses (of friends, family o
578.
by Acrobatic_Road 7y ago
When someone's ethereum CDP is liquidated onto the market it is auctioned off for Dai before the collateral no longer backs the Dai. The price feed determines when a CDP is in need of liquidation. This mechanism is important because it
579.
by Acrobatic_Road 7y ago
Price feeds are the answer? The price feeds in question don't even track the price of Dai - so I am not even sure what mechanism you have thought up to explain to yourself how Maker works. If you are still having trouble understanding
580.
by Acrobatic_Road 7y ago
Bernard Lietar identified one of the modern properties of money as indeed speculation. 99% of forex is just that.
581.
by Acrobatic_Road 7y ago
For something like this a metric known as enterprise value is used. Assets - cash + debt AKA the takeover price. You can find these numbers on the company's balance sheet. The average company is traded at something like 3.5x their book
582.
by Acrobatic_Road 7y ago
The study in question is alleging the runup from around 10k-20k was because of one guy. The media had definitely caught on beforehand.
583.
by Acrobatic_Road 7y ago
No, did you even read what he wrote? Price feeds are used in the system, but the whole system does not boil down to "price feeds". I am not even sure what that could mean.