beaner

66 ms·

691.
by beaner 9y ago
I don't know enough about it, but maybe it's not a technically novel ICO. Maybe the coins just represent a type of equity?
692.
by beaner 9y ago
Actually, most of the rest of the world does not have any access to traditional finance at all.
693.
by beaner 9y ago
Maybe you can elaborate on the reasons why fedwire is not more popular than, say, ACH? I suspect there is a reason that stems from its centralization.
694.
by beaner 9y ago
His first sentence is factually incorrect.
695.
by beaner 9y ago
It's true that some banking systems are improving in terms of speed. I don't think it's a coincidence that it's happening now that crypto has been around for 8 years, and is increasing in size. Most immediate US-based se
696.
by beaner 9y ago
You seem to be confused. Bitcoin doesn't require buy-in. It doesn't give any promise of a positive return. Simultaneously, you argue that "easy migration to more advanced e-currencies" is a deficiency, even though they u
697.
by beaner 9y ago
It seems like a tug of war between the capitalists and the government. They each adopt and promote the economic theories which they think justify their actions and desires.
698.
by beaner 9y ago
Beauty is in the eye of the beholder. The competing design reminds me of 1 world trade center, which I do not like.
699.
by beaner 9y ago
I agree, weather plays a huge role. To praise NYC for lack of homelessness when very few homeless could live there as a result of that factor, doesn't make much sense.
700.
by beaner 9y ago
This is a product of SF being extremely welcoming and supportive of the homeless and the poor. It's interesting to me how so many people confuse the absence of poverty/crime/homelessness with a system that has solved it. NYC
701.
by beaner 9y ago
There's definitely a lot of speculation. But much of it before the last 6 months was philosophically driven. I wouldn't say the vast majority is just waiting to cash out. A popular bitcoin meme is that once the price is high enoug
702.
by beaner 9y ago
Is this meant to be scary though? From my perspective, it's obvious that bitcoin markets aren't as developed as traditional stock / forex markets... but it literally got added to CBOE one week ago. It seems there's nothi
703.
by beaner 9y ago
"All one should care about is - is this excellent or is it not? Is this right or is this wrong?" I generally agree with this article. But you can't be a white male and speak this way in silicon valley without being shamed and
704.
by beaner 9y ago
Because the time between when you've made the decision to place the order and when you actually physically place it is enough time for the market to shift drastically. "The number shown" may be different in fewer milliseconds
705.
by beaner 9y ago
The y-axis on the Venezuela chart is denominated in Bolivar. I assume it's Bolivar being traded. Why would you assume otherwise?
706.
by beaner 9y ago
Currency is currency because it transfers value efficiently. Outlawed currencies are not very efficient at transferring value. Fiat (lawful) currencies are more efficient by default. The digitization and decentralization of currency allows
707.
by beaner 9y ago
I think the point is that positive examples do exist, not that there are no negative examples.
708.
by beaner 9y ago
People in Venezuela are actively trading lots of bitcoin every day, in person. You can see this in the LocalBitcoins data: https://coin.dance/volume/localbitcoins
709.
by beaner 9y ago
As per my comment, individual op-eds are not necessarily the problem, it is the curation of various articles fitting a theme across the entire paper by the editorial board.
710.
by beaner 9y ago
In a way, social platforms are just ways of collecting user attention and directing it to sources like the NYT or opinions by people who have been influenced by those sources. Perhaps the problem is the NYT itself and publications like it.
711.
by beaner 9y ago
Yeah, there's not a law, but I think if we had started in any other model we'd've still ended up here. Information is cheap and fast. This makes it difficult to charge for most content. The only way to do this and profit is t
712.
by beaner 9y ago
It's become really easy to see when NYT has decided to push an agenda. The Trump/Russia thing, for a while. "Tech is evil" for a while now, too. It wouldn't be as annoying if they didn't promote themselves as a
713.
by beaner 9y ago
I feel like none of the problems described are really symptoms of Big Tech, they're more symptoms of technology itself along with the fact that we haven't yet adjusted to it psychologically as a species. None of the problems that
714.
by beaner 9y ago
Does Google not also display counter claims from tweets in its results? If it can't discern fact from fake, it's hard to see how it wouldn't.
715.
by beaner 9y ago
I would say that certain technologies perpetuate and amplify the voice of people, but not necessarily their destructiveness. Correct information is equally perpetuated and amplified. The ratio of correct to incorrect information seems unaff
716.
by beaner 9y ago
I trust google to return things that are relevant to my searches. Whether those things are true or false is up to me to determine after clickthrough. This expectation that search results equal truth seems like a very recent assumption close
717.
by beaner 9y ago
As powerful as it is for sharing misinformation, it is equally powerful for sharing correct information. When involved in a debate, if someone says the wrong thing, the audience does not interrupt and say "Moderator, you let the wrong
718.
by beaner 9y ago
I feel like there's a big push to blame "fake news" and related phenomena on tech companies right now. Fake news is created and shared by people. Tech is just one of the vehicles through which we share it. The problem isn&#x2
719.
by beaner 9y ago
It's possible to have a different opinion on things without being a victim of "Dunning-Kruger".
720.
by beaner 9y ago
This wouldn't solve the problem is payment is required up front for the content.

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