Jommi

9 ms·

91.
by Jommi 4y ago
this isn't the case in northern Europe at all. First of all you get around 1kish a month no questions asked, more if you have bills etc. you can prove you need to pay and if you opted into "unemployment insurance" while emplo
92.
by Jommi 4y ago
You can look into the health benefits of annual checkups, there's a bunch of research showing that it's pretty much useless before say 50-60yo
93.
by Jommi 4y ago
you should always assume this, otherwise you just sign yourself up to play a losing game for the rest of your life
94.
by Jommi 4y ago
FYI the above is american-focused healthcare language. There are no annual checkups in most other countries outside of certain age or risk groups. You might however get a health checkup from occupational healthcare sometimes! Just putting t
95.
by Jommi 4y ago
>Our role models aren't supposed to be relatable, they're supposed to be better than us. What in the bizarro world?? Go read some research regarding role models and see just how wrong you are. The whole point in effectiveness o
96.
by Jommi 4y ago
"Index funds are a sure way to get stock-like returns with low volatility!" When cost of credit < index fund return, it just makes sense to borrow and invest in those until the gap is smaller
97.
by Jommi 4y ago
What makes you think you own money on your bank account?
98.
by Jommi 4y ago
-Probability of Tether ever collapsing is incredibly low- Tether has nearly $50b of cash or cash equivalents. Tether charges 0.1% on redemptions, and min size is 100k. It would take $50b + $50M in redemptions before we find out if this &quo
99.
by Jommi 4y ago
this should be enough to discount nearly all of this FUD - a bunch of errors in the OP...
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by Jommi 4y ago
rereead the article its 40% of Tether issued on Tron and you have to understand that Alameda was one of the licensced brokers of USDT. Institutions could mint USDT from Tether via Alameda by using dollars. This is not a loan. Its a 1:1 conv
101.
by Jommi 4y ago
in which part of this discussion has anyone talked about something decentralized? This is about two centralized exchanges that hold custody of users cryptoassets
102.
by Jommi 4y ago
you're confusing web3 with crypto here. This is a very common mistake. There is no centralized "owner". You can become part of the network just like anyone else. No single party can do anything you describe. You also seem to
103.
by Jommi 4y ago
you can trade crypto you own, all the while keeping ownership of that crypto look into decentralized finance and you will be amazed
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by Jommi 4y ago
I know your situation. Read "Non Violent Communication" it will help utilize logic to change how you talk to a more empathetic way. And don't just read it - keep t he book by your side always.
105.
by Jommi 4y ago
Even IRL, trading platforms usually offer no guarantee of any kind of reversibility outside of specific agreements.
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by Jommi 4y ago
You should look into how DEXes and AMM architecture works, it will blow your mind
107.
by Jommi 4y ago
Classic mistake of conflating marketing with advertising
108.
by Jommi 4y ago
the first sentence is a terrible take unfortunately, prius one of the most popular taxi and ridehailing cars ever, it's sully arund >50% of car supply in most western cities. As usual, you are conflsting your singular consumer exper
109.
by Jommi 4y ago
token farming from tokens that are given as incentives for using different dApps. These incentive tokens have value because of the speculative nature of the human brain.
110.
by Jommi 4y ago
You're spreading misinformation here. Decentrlization is not binary, it's scalar. Terra paused IBC bridging capabilities. This action has specific validators needed to execute it. It also did not stop you from trading UST away, on
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by Jommi 4y ago
cross border multi currency accounts and transfers
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by Jommi 4y ago
A country that _Doesnt_ want to more capital flowing into their companies? Sounds pretty weird no?
113.
by Jommi 4y ago
this works for c2c transfers but not for businesses, business payments, trading, lending other derivative products etc.
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by Jommi 4y ago
What if we put data servers in space?
115.
by Jommi 4y ago
Okay I think I see what you're saying better now - you're talking about the long term if such thing happens while I was purely thinking "in the moment". Sorry for the tone, internet discussion can sometimes spin off quit
116.
by Jommi 4y ago
Not sure where the idea that "hubris" is what causes these bugs that result in loss of funds. Sounds like a very subjective take. Yes, it's costly to build an anti-fragile system. This is not a surprise to anyone. Our current
117.
by Jommi 4y ago
Could be. Although USDC to JEUR is using chainlink feeds (which is aggregated data), but they do advertise 0 slippage.
118.
by Jommi 4y ago
: D Being an economist does not mean you automatically know how Circle (a payments company based in the US) issues the ERC-20 token that is called "USDC", or how the redemptions for that work. You can read about it here: https:&#
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by Jommi 4y ago
I don't think you understand how USDC's redempetion works. It's not a website accessible by anyone open for redemptions 24/7. Read on that first before discussing this topic please.
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by Jommi 4y ago
You have it slightly wrong - I guess that's why you think it's a ponzi. In Churning you're not paying anyone or forcing any to open up bank accounts to get the sign up bonus. You're signing up to bank accounts and credit

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