Johnie

14 ms·

91.
by Johnie 10y ago
Isn't this a red hot signal that it's a great idea? If everyone is saying no and you see the world differently, you have open space to play. Basically Peter Thiel's contrarian perspective.
92.
by Johnie 10y ago
Sorry, I could have phrased it better. When I said "where the market is going to be" I meant that from one second to the next, you knew it wouldn't move that far. In the past, when you called up your broker to buy a stock, he
93.
by Johnie 10y ago
Think about it this way. They are publicly advertising to their investors that they have a weapon to defeat HFT. Because of this, they will get better returns. When an investor decides to put their money in a fund, are they going to choos
94.
by Johnie 10y ago
Except that the state of art in HFT is sub-microseconds "London-based trading technology company Fixnetix said Tuesday it has the world’s fastest trading application, a microchip that prepares a trade in 740 billionths of a second, or
95.
by Johnie 10y ago
Exactly. This is a defensive technology to defend against other HFT players. Think of it this way: - In the past (prior to HFT), when you put in an order, you know where the market is going to be. How you win is by building better financi
96.
by Johnie 10y ago
You joke, but Google actually uses GPS mounted on the roofs of their data centers for time synchronization.
97.
by Johnie 10y ago
This reminds me of how Google uses atomic clock and GPS for Spanner [1] Google: "“We can commit data at two different locations — say the West Coast [of the United States] and Europe — and still have some agreed upon ordering between
98.
by Johnie 10y ago
Read up on Shibboleth [1]. Using language or phrasing, it's a way to suss out members of a certain group. One can argue that the internet memes are a type of shibboleth for internet groups. One example is The Narwhal Bacons at Midni
99.
by Johnie 10y ago
As a startup, how is this cheaper than the AWS free tier?[1] Once you outgrow the free tier, you'd also outgrow Linode and DigitalOcean. [1] https://aws.amazon.com/free/
100.
by Johnie 10y ago
I usually look at GitHub, Reddit, or just links from HackerNews.
101.
by Johnie 10y ago
Doesn't a 360 degree camera require it to be placed on top of the car?
102.
by Johnie 10y ago
Totally agree with this list. I would also add: 6) Read lots of code. The more of other people's code that you read the faster you'll learn good practices. 7) Work with other people that are better/more experienced than you
103.
by Johnie 10y ago
It adds cost to the healthcare system and to health insurance that company pay when so many people are unhealthy.
104.
by Johnie 10y ago
Exactly. Low currency is great for manufacturing.
105.
by Johnie 10y ago
British Pound is at the lowest level since 1985 at 1.33 USD/GBP.
106.
by Johnie 10y ago
People playing Kerbal Space Program [1] have been doing multiple satellite launches for a while. But the more serious point is that we now have an entire generation of kids growing up learning about rocket science. It's exciting to se
107.
by Johnie 10y ago
Experiment control. Eliminate other factors other than the electrons.
108.
by Johnie 10y ago
Pirated DVD sales in Asia and Middle East. There's a vast underground economy to get pirated content. Bootleggers get paid to make the movies available to pirated DVD manufacturers.
109.
by Johnie 10y ago
Can't you maintain session state in a Redis daemon and invalidate it there? Or are you talking about stateless JWT?
110.
by Johnie 10y ago
They should, but they aren't. The challenge is bigger than you think. Core banking technology is so fragmented and outdated.
111.
by Johnie 10y ago
As with anything, it's important to understand the consumer. You can't build a payment company for sub-Sahara Africa from your SF highrise. I've been following the work of researcher Ignacio Mas on financial management in dev
112.
by Johnie 10y ago
Just wondering.. Can an app pull off the carrier switching function of Fi or is it an OS level functionality?
113.
by Johnie 10y ago
This smells more like an aquihire. FitBit doesn't need any of Coin's IP to provide payment functionality in their wearables.
114.
by Johnie 10y ago
Sure, send me an email and let's connect.
115.
by Johnie 10y ago
AirBnB, Uber, etc all use third party payment processors like Stripe Connect. They don't ever touch the money in the marketplace. They just instruct their payment processors to move the money. This allows the startup to stay outside o
116.
by Johnie 10y ago
That's a myth: http://www.snopes.com/legal/postal/sendcash.asp
117.
by Johnie 10y ago
If you were to do this, you'd be violating multiple federal laws and regulations. You have basically created a stored value and money transmitter business without the proper license. In addition, you've created a conduit for crimi
118.
by Johnie 10y ago
Yes! Look up ACH fraud. ACH is such an antiquated system. The only pieces of information that you need to do an ach pull (transfer) is the routing number and account number. Lo and behold, this is the same information that is on every chec
119.
by Johnie 10y ago
Because this is a saturated market. They were differentiating by adding the bank integration. See also: * http://www.forbes.com/sites/learnvest/2013/06/11/need-to-man... * http://www.jum
120.
by Johnie 10y ago
A former Googler just launched www.nickel.co, which is an app for kids to manage their allowance. Their backing bank is Sutton Bank. My guess is one of the partners that they were referring to is CorePro ( http://corepro.io/

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