Mc_Big_G

8 ms·

61.
by Mc_Big_G 6y ago
I doubt the iPhone's long-term success was dictated by Facebook et al whoring out user data. There are plenty of useful apps that don't hinge on violating the privacy of users.
62.
by Mc_Big_G 6y ago
I'd be thrilled.
63.
by Mc_Big_G 6y ago
This is exactly the opposite of reality.
64.
by Mc_Big_G 6y ago
I don't have much telescope experience, but I flipped one just so I could see Neowise and the big takeaway for me was that, possibly more important than the telescope is the stand. If the stand is unstable or hard to adjust, you will
65.
by Mc_Big_G 6y ago
Metallica is probably not in it for the $ much these days. I'd wager it's more about ego, so this probably stung. Deservedly.
66.
by Mc_Big_G 6y ago
You never implied it's all or nothing and I never implied it's going right or left. You made both conclusions all by yourself.
67.
by Mc_Big_G 6y ago
If it turns out that lies are mostly told "from one direction politically", it then follows that "fact checking" will go "in one direction politically". I'm not claiming this is the case, but it certainly
68.
by Mc_Big_G 6y ago
Ok, I'll bite. Bitcoin has a large, distributed network of miners and exchanges who support it, has extremely low inflation approaching zero, has a supply cap of 21 million, is infinitely divisible, has been in the wild for 10 years wi
69.
by Mc_Big_G 6y ago
No one wants to buy gold because the fees to move it are currently around $100.
70.
by Mc_Big_G 6y ago
You're giving Paypal and Robinhood too much credit. It wouldn't surprise anyone if they both consider themselves "too big to fail" and do not have sufficient crypto to cover themselves. It's easy to imagine the me
71.
by Mc_Big_G 6y ago
The value of Bitcoin doesn't lie in how many transactions it can do per second, nor the cost per transaction.
72.
by Mc_Big_G 6y ago
Now that the party FB supports isn't in power? hmmm
73.
by Mc_Big_G 6y ago
Let's discuss the total energy requirements of the entire financial system, which could arguably be replaced by cryptocurrencies and apps. I suspect crypto is a huge net win if we fully embrace it.
74.
by Mc_Big_G 6y ago
It's shocking how many people don't even both to consider this when attacking Bitcoin. They will eventually capitulate but the FOMO regret of not having bought in really has people campaigning against Bitcoin.
75.
by Mc_Big_G 6y ago
Wow, they're coming out of the woodwork to attach Bitcoin. Good luck with that.
76.
by Mc_Big_G 6y ago
How much does it cost to maintain the dollar? It's reserve status is propped up through trillions of dollars spent on the military industrial complex. How much energy does that waste? Massive taxation on Bitcoin, simply because it&#
77.
by Mc_Big_G 6y ago
Are the calculations for traditional finance energy consumption accurate? Do they account for all of the physical devices required? Credit card readers, POS systems, banks, offices, credit cards, mailers, etc... It all requires an immense a
78.
by Mc_Big_G 6y ago
Yet again proving anyone can be rich if they don't have to worry about pesky morals.
79.
by Mc_Big_G 6y ago
Makes you wonder if there is an entire team at Apple responsible for uncovering fraud and how this kind of thing is getting through.
80.
by Mc_Big_G 6y ago
PSA: If you hold significant amounts of crypto on Robinhood, you're insane. There is no FDIC insurance on it and if RH goes under or even just pulls an "oopsie, we lost your crypto", you are out of luck and will be wiped out
81.
by Mc_Big_G 6y ago
There's no "they". It's distributed and owned by no one. But, to your point, theoretically, it could become the world's reserve currency. ;)
82.
by Mc_Big_G 6y ago
It will be interesting to see what happens, but the market cap of Tether is only 27 billion and BTC + ETH caps are almost a trillion. Even if all Tether are suddenly worthless, it would be a speed bump in the cryptosphere.
83.
by Mc_Big_G 6y ago
Tulip FUD, really? It's always been a disingenuous argument. Tulips literally die in days.
84.
by Mc_Big_G 6y ago
This has already happened. Bitcoin has been forked many times. Also, there are literally thousands of cryptocurrencies. Bitcoin has the first mover advantage. Craigslist makes 100s of millions of dollars every year. Bitcoin also has huge
85.
by Mc_Big_G 6y ago
This is temporary relief for people who have totally uninsured crypto on RH. If RH fails, all the crypto disappears. You can't move crypto off of RH to a personal wallet and if you sell to get it off, you take a ~30% tax hit.
86.
by Mc_Big_G 6y ago
This is temporary relief for people who have totally uninsured crypto on RH. If RH fails, all the crypto disappears. You can't move crypto off of RH to a personal wallet and if you sell to get it off, you take a ~30% tax hit.
87.
by Mc_Big_G 6y ago
What about all the cascading costs to run all non-crypto financial systems? Not just data centers, but everything related like infrastructure, real estate, credit card readers, point of sale systems, office furniture, salaries, etc... The l
88.
by Mc_Big_G 6y ago
This is FUD. I've never waited more than 5 min and paid pennies to transfer funds for a variety of cryptocurrencies.
89.
by Mc_Big_G 6y ago
Makes sense that Facebook would fight anything that helps people realize how many ways they track and manipulate users.
90.
by Mc_Big_G 6y ago
You can always count on Facebook to do the wrong thing.

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