aosmith

30 ms·

361.
by aosmith 13y ago
Couldn't agree more. Mass adoption would absolutely stabilize prices. Even without mass adoption merchants can exchange similar to foreign atm transactions.
362.
by aosmith 13y ago
Most of my hardware is already paid off. My effective cost per BTC has been well below market prices. Sure I have continued revenue to gain, but I'm only in this position because I believe in bitcoin and want to see the world become a
363.
by aosmith 13y ago
This is also cool, and probably a lot more practical!
364.
by aosmith 13y ago
I don't ever see bitcoin replacing first world currencies. In places like Sudan and Iran however it presents a seemingly more viable alternative.
365.
by aosmith 13y ago
+1
366.
by aosmith 13y ago
This is true. That is a gross over-simplification. I'll work in some edits here, thanks!
367.
by aosmith 13y ago
I agree, banks have their place in the world but should I use bitcoin to buy a coffee and a paper, maybe.
368.
by aosmith 13y ago
Real time exchangers [sic: merchants] will settle on slightly less than normal exchange rates. This will ultimately help to close spreads and decrease volatility.
369.
by aosmith 13y ago
I felt the same way for a long time. I first became interested in bitcoin about a year ago. Eventually you will accept it. This is the future, it just makes too much sense.
370.
by aosmith 13y ago
It's much closer to 10 BTC right now than 100. I am a miner who liquidates frequently.
371.
by aosmith 13y ago
I don't hold that much BTC (<100 BTC). Honestly think the best uses are in the third world where "bad" money is more prevalent.
372.
Bitcoin Boon(blog.alexsmith.io)
24 points by aosmith 13y ago|43 comments
373.
by aosmith 13y ago
I've worked as a handful of [very] startups in roles ranging from developer to CTO/Cofounder. My main reason for leaving has generally been a total lack of transparency. If times are tough the team needs to know and understand t
374.
by aosmith 13y ago
Ha... Remember when iMessage went down for a day or two? The timelines just about match with apple joining prism, backdoor much?
375.
by aosmith 14y ago
Super interesting, thanks for sharing!
376.
by aosmith 14y ago
I think he's trying to describe a pulse jet with an external heat / fuel source?
377.
by aosmith 14y ago
C'mon down to Chicago. Sure it's cold but you'll probably make the same money and live for much less. That's why I'm here instead of there ;)
378.
by aosmith 14y ago
Couldn't agree more. Every time I've agreed to a "programming test" I find myself wonder why I agreed to it in the first place.