beaner

23 ms·

181.
by beaner 6y ago
How do you square this with the observation that other fiat-backed stablecoins like USDC, which are obviously legitimate, are also printing massively? It would seem to me that if transparent stablecoins with utility are going up, the simple
182.
by beaner 6y ago
Ally Bank is nice. It doesn't have the same panache as a silicon valley startup app, but it is 100% online and a good experience generally.
183.
by beaner 6y ago
Every time would have been every day for the past 25 days. Have you been paying attention? They made it exceptionally far this time. People are underestimating how much traffic is occurring right now.
184.
by beaner 6y ago
Cryptowatch is the only decent part of kraken and that's because they acquired it from an independent developer. The rest of their website is horrid.
185.
by beaner 6y ago
You can't be serious. Their product still looks like Bootstrap after 6 years. It's complicated and ugly.
186.
by beaner 6y ago
That the dollar is strengthening relative to other currencies does not mean it is strengthening generally. It is falling relative to assets. It is losing purchasing power. By holding it you get slowly poorer over time.
187.
by beaner 6y ago
I'm not sure I understand. If something spreads out from a point, isn't it both "spread out over an area" and "from a single point"?
188.
by beaner 6y ago
Money supply rarely goes directly to consumers, it first has to be spent by the receiving parties and distributed to the wider economy before consumer prices begin increasing. But it doesn't happen without the prerequisite of money bei
189.
by beaner 6y ago
I am asking from the perspective of having no experience. But the article doesn't seem to say that it couldn't be from a point-like source. Can you elaborate?
190.
by beaner 6y ago
Could it be hawking radiation from free-floating black holes?
191.
by beaner 6y ago
It really isn't, you're right. Historically, inflation always meant inflation of the money supply . Its definition has changed over time and you've been swindled. If you have a name for something, name the root cause, otherw
192.
by beaner 6y ago
It requires 100% because it only takes one miner to include the transaction for it to eventually be included. Chain splits do not "edit" blockchains, they still require their own proof of work, and they cannot modify transactions,
193.
by beaner 6y ago
Miners have no ability to retract or redirect transactions. And to exclude them would require 100% collusion. Miners as "middlemen" doesn't make sense. Edit: Your comment was edited after I made this one. I see no relation be
194.
by beaner 6y ago
Inflation doesn't need to be measured in many ways, you can view it directly on the m2 money supply chart: https://fred.stlouisfed.org/series/M2 Everything else is just a derivative of this. You're measuring
195.
by beaner 6y ago
If you think this, you don't understand Bitcoin.
196.
by beaner 6y ago
It seems to make sense that immigrants (or people of any type), once present, would be able to influence those around them in favor of themselves. It also makes sense that cities would be more educated and therefore more liberal, and theref
197.
by beaner 6y ago
Genuine question, how will tankers get into space? If most of the ship's size is already dedicated to fuel that's burnt, that seems to leave little left for fuel payload. I also assume fuel payload would be much heavier than other
198.
by beaner 6y ago
The comment I replied to spoke explicitly about London's "large immigrant underclass," and your response said one of the main talkin points has been "control over immigration." I don't know how more related the
199.
by beaner 6y ago
It seems directly related to control over immigration.
200.
by beaner 6y ago
I feel like this is what many feel that EU membership has helped turned London into, and by leaving they feel that they are fighting it.
201.
by beaner 6y ago
Institutions and professionals don't seem to agree. For example, Microstrategy chose Coinbase to acquire over 40,000 BTC recently. [0] Maybe there are some aspects you're not considering. Seems difficult to believe you know how to
202.
by beaner 6y ago
Coinbase actually owns Xapo's custody business, they bought it in August 2019 [0]. An amount like $5b would likely pay less than 10 bips (0.1%) per year in custody fees, or $5m/year. Coinbase Pro's volume has recently been do
203.
by beaner 6y ago
> The real profit center of the company is Coinbase Custody Citation needed. The fees are significantly lower than the brokerage (custody fees go down with larger amounts), which has been the bread & butter that's funded the dev
204.
by beaner 6y ago
The intention of crypto was to provide the option to opt-out of traditional finance, not to mandate that you opt-out. Even you yourself don't understand it, so you you should be a little less confident in what you promote. Equating i
205.
by beaner 6y ago
You need to be careful with this message. A lot of people are not capable of responsibly managing their own keys. There are countless stories of fresh faces taking this message to heart and then finding they've lost their stash a year
206.
by beaner 6y ago
It's fun to think about what this could mean. Can you defeat gravity by somehow energizing matter to affect its spin and acceleration? And if so, could this not only be a technology for space travel, but potentially be an explainer for
207.
by beaner 6y ago
Forever. Infinite times. That's the point.
208.
by beaner 6y ago
The date is sort of arbitrary... they're up 130% since they started buying Bitcoin in August.
209.
by beaner 6y ago
I don't have a dog in this fight but his source would appear to be the argument he made in his comment. You could respond to his reasoning. An authority isn't always required.
210.
by beaner 6y ago
That's incredible! Is it fair to say that the image is always there, but lost in a wash of additional light, and that a camera obscura filters out the other light, revealing the image that is already there? Or does a camera obscura som

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