agorabinary

11 ms·

61.
by agorabinary 9y ago
There is a huge amount of non-public information out there that insiders can use for profit, and it will always be the case no matter what regulations you enforce.
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by agorabinary 9y ago
"it has to solve a few problems first (transaction fees/time and anonymity)" Bitcoin Lightning currently works on testnet ... give it a few months and those problems will be solved. The price is exploding in anticipation of e
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by agorabinary 9y ago
Responding to problems with this article as they appear: 1. Coinbase buckling is a failure of a web application grappling with unprecedented load. Not with bitcoin. 2. The dark web mostly uses Monero, which would not exist without Bitcoin c
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How Various Blockchains Are Attempting to Scale(paranoidbitcoin.com)
2 points by agorabinary 9y ago|0 comments
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by agorabinary 9y ago
"with no fundamentals whatsoever" It's a sad state of the HN community that this post isn't already downvoted into oblivion. edit: Oh look, a throwaway account!
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by agorabinary 9y ago
Looks good. I want a different pointer for the dropdown menu at the top though.
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by agorabinary 9y ago
I encourage anyone working in these fields to find other engineering work. It's a great relief to not be working on advancing Skynet.
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by agorabinary 9y ago
Clearly, you are oblivious or willfully ignorant of the massive amount of innovative development occurring in the space.
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by agorabinary 9y ago
I think it should assume the reader is fairly educated on what Bitcoin is, as most newcomers to Ethereum are probably coming from the Bitcoin space, and then differentiating the two coins. - What makes it potentially more powerful than Bitc
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by agorabinary 9y ago
I agree, Ethereum needs better reading material. I bought an Ethereum book by Henning Diedrich and it's pretty light to be honest.
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by agorabinary 9y ago
Despite having a higher hashrate than expected, the price of BCC is crashing towards 1/10 of a bitcoin. The network effects and name recognition of Bitcoin are too strong.
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by agorabinary 9y ago
>The takedown of this large virtual currency exchange I haven't kept up to date on exchange volume. Was btc-e still a popular exchange (up until this takedown of course)?
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by agorabinary 10y ago
These specs seem like overkill to me for some simple development work
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by agorabinary 10y ago
A nice metacognitive cheat sheet. Missing a couple interrelated mental models I find very important: - emergence: a process whereby larger entities, patterns, and regularities arise through interactions among smaller or simpler entities tha
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by agorabinary 10y ago
Well if you have $50k capital then 20% gains = $10k is about fair. Luckily for numerai they have $1mil capital so the rewards are a bit higher...
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by agorabinary 11y ago
The problem with micropayments in this context is that flattr lacks the impulse nature that bitcoin can possibly provide. You have to load the money in an account beforehand, but with bitcoin you could potentially just donate directly from
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by agorabinary 11y ago
And self-respect. What Golden-age do UBI proponents imagine in which everyone is massively dependent on a state entity, in which young men and women grow up without an impetus to become self-sustaining adults, in which everyone is an "
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by agorabinary 11y ago
225 million * 2000 * 12 = 5.4 trillion per year. Basic income arguments usually revolve around numbers. But what of self-respect? There is something very concerning about faith in a benevolent State-parent that will feed and clothe us inste
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by agorabinary 11y ago
Poverty is the natural state of things. Those that exist in a state of poverty exist in the natural state of things. It is only through globalization and development that some people free themselves from this natural order. This phenomenon
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by agorabinary 11y ago
The single best way to reduce terrorism, civil strife, and violence in general is greater prosperity. Keeping people poor, ignorant and frustrated is a guarantee of future terrorism.
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by agorabinary 11y ago
If you had watched the video you would see the parts where he addresses your critiques. He explores the everyday life of many different Iranians, particularly those in the urban areas, and makes efforts to highlight the positive and negativ
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by agorabinary 11y ago
A great lecture on Iran: https://www.youtube.com/watch?v=rtELk8S3dhU Really gives some perspective on an oft-misunderstood place.
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by agorabinary 11y ago
Yeah, and given the amount of cooperation the various Western intelligence agencies have demonstrated, distributing "control" over N governments is just about as dangerous as one. The world does not need more sophisticated tools t
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by agorabinary 11y ago
Great job wired! Can't leave a guy in peace...
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by agorabinary 11y ago
Why do we care? How does knowing the identity of Satoshi advance Bitcoin in any way? If someone wants to stay anonymous...
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by agorabinary 11y ago
What proportion of Chinese energy production is coal-based? Is there any realistic scenario in which China soon adopts more 21st century alternatives?
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by agorabinary 11y ago
Will this ~$45 billion go to efficient use? Based on his track record of $100 million to newark and how effective that was, I am skeptical. Good intentions in philanthropy are a dime a dozen, actual results are less common.
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by agorabinary 11y ago
In all possible worlds, bitcoin has to begin with use as a currency-of-currency before it can operate stand alone. Which isn't something you necessarily disagree with, based on your comment. But I think it is interesting because it is
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by agorabinary 11y ago
Every tragedy will be used to further the cause of totalitarianism. The contents of this article, and every identical piece that is written after every new disaster, is less worthy of HN discussion than this broader issue. Encryption is th
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by agorabinary 11y ago
Of course not. The only states that do bad things are China, Iran, N.Korea, right?

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