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Jommi
searching PlanetScale…
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121.
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by
Jommi
4y ago
You realize both can be true right? The can want to sell more suncreen, and the way they are achieving that might be racist. These two are not mutually-exclusive.
122.
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Jommi
4y ago
I mean there is no way you can get them USD as cash in hand if that's what you mean. Do you mean USD as in a multi-currency bank account like revolut? Onramp via onjuno, convert to USDC, send to your polygon wallet, convert to jEUR on
123.
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by
Jommi
4y ago
Going to Circle to redeem your USDC for FIAT USD is not the only way of receiving FIAT USD from USDC. You can also sell it for another asset, and sell that for FIAT. Or sell it for FIAT on an exchange. The OP was about the safety of "h
124.
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by
Jommi
4y ago
You share a link to a tweet with a phot of an ATM. What is your point? What do you think it true anti-fragility in a system? Something that is built form the ground-up in a regulatory too-big-to-fail environment, or something that starts fr
125.
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by
Jommi
4y ago
Yes, indeed this is credit card / bank signup bonus but it's actually giving you equity in the bank instead of pure USD. Yield farming is usualled called "mercenary" because of this, as instead of specualting, some insta
126.
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by
Jommi
4y ago
But you used a binary term "illiquid" rather than opting for something more open like "most illiquid". Just wanted to make a clarificaiton for other readers. Are you aware that most crypto projects also opt into vesting
127.
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by
Jommi
4y ago
Can you show me any tangible results of open banking? I used to work in the space and it was a shitshow of bureaucracy that never went anywhere. Ethereum IS ALREADY an ecosystem of programmable money APIs, and it works TODAY.
128.
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Jommi
4y ago
You're on the internet sir, this is not only an American website.
129.
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Jommi
4y ago
He is not really describing yield-farming here, he is describing what kind of price action happens when anyone can create a global, liquid, unregulated with just a computer as a tool. In the US, people can get 100-500$ just by creating a ne
130.
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Jommi
4y ago
"What are secondaries?"
131.
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Jommi
4y ago
Multiple parties need to fail for USDC to not be tradeable or redeemable to USD - holding in an exchange just requires one party to fail (exchange hacked, exit scam etc.) It's pretty simple risk logic.
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Jommi
4y ago
You don't need step 1), there are multiple ramps that sell and buy straight from wallets now.
133.
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Jommi
4y ago
You don't need to use ETH mainnet at all. The top On/Offramps work fully on low-fees chains rn.
134.
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Jommi
4y ago
You can do this w/ crypto but pay only a few cents. I can show it to you if you want.
135.
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Jommi
4y ago
You have absolutely no idea at all what you are talking about
136.
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Jommi
5y ago
>If a stranger in another country steals $500 from me I'm going to have a really hard time doing anything about it. And knowing their wallet doesn't mean I know who they actually are, as those aren't tied to an identity. S
137.
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Jommi
5y ago
https://news.ycombinator.com/item?id=30730243 Or the fact that you trustlessly trade a virtual currency to any other virtual currency. The fact that thats possible is insane.
138.
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Jommi
5y ago
I mean this argument falls apart easily on the debate about use cases for crypto. I'd stay away from making statements like this without backing them up.
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Jommi
5y ago
You're starting a fight you can't win here Your base assumption of knowing or finding them is not strong Crypto means you will always know who has your money and where it goes. We can build systems around repercussions for crypto
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Jommi
5y ago
We are secretly building this at http://gather.town/ and planning to open the tech up as an SDK for others to build on.
141.
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Jommi
5y ago
Have you tried a 2D virtual office tool?
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Jommi
5y ago
Why is there no event explore/listing site just for virtual events?
143.
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Jommi
5y ago
It hasn't been fully adapted at all yet though.
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Jommi
5y ago
Yes you can. USDC is a stablecoin based on USD backed by USD-equivalents. BTC is a cryptocurrency designed to be created from energy, and with a finite supply. YFI is a cryptocurrency that get distributed rewards from the decentralized orga
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Jommi
5y ago
Maybe you should look at a model where your chess mmo runs on top of another platform? That way a lot of your costs would go down and you could focus on the core parts that you want to build. E.g. you dont really want to spend time paying f
146.
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Jommi
5y ago
How this is the highest scored comment, I really do not know. How can the HN crowd miss the point by such a length?
147.
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Jommi
5y ago
Hello Ruby
148.
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Jommi
5y ago
I wonder what opinions people here have on this 2D virtual world approach, compared to the full on bodysuit 3D VR-Goggles one. 2D works right now, has already proven itself to lend well to social interaction (Habbo, Club Penguin) and not to
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The Mathematics of Amazon’s Advantage
(getrevue.co)
5 points
by
Jommi
5y ago
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0 comments
150.
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Jommi
5y ago
What are the incentives here?
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