bl557

5 ms·

1.
by bl557 5y ago
Unfortunately some people do think differently of you based on your accent, subconsciously or consciously
2.
by bl557 5y ago
I'm no more a fan of billionaires than the next guy, but is this argument not extremely hypocritical: “Billionaire Jeff Bezos could personally pay for enough vaccines for the whole world, yet he would rather spend his wealth on a thril
3.
by bl557 5y ago
The post i was responding to made the point - "do we want to attach extremely important things to a system that is by design irreversible? Human life is both extremely important, and the loss of it is irreversible, at least for now :).
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by bl557 5y ago
Good points, and in response I would say that not everything needs to happen directly on chain. Just as an example there can be some company that develops an interface between the blockchain and the user that audits their code, insures them
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by bl557 5y ago
by that logic we would never drive cars, ride airplanes, go to space, etc
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by bl557 6y ago
Bitcoin is still only 1/10 the market cap of gold, with the argument by Bitcoiners being that the asset is a 10-100x improvement over gold.
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by bl557 6y ago
Yeah, Bitcoin is great, I agree :) It seems pretty natural to me that someone who believes in Bitcoin would also purchase it.
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by bl557 6y ago
Tether is definitely very sketchy in their practices, but there is simply no good evidence that Tether issuance inflates the prices of BTC. Here is a study arguing the opposite - https://voxeu.org/article/stable-coins-d
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by bl557 6y ago
Study finding no correlation between stablecoin issuance and BTC price - https://voxeu.org/article/stable-coins-dont-inflate-crypto-m...
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by bl557 6y ago
https://twitter.com/lopp/status/1344361051048042497
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by bl557 6y ago
https://twitter.com/gladstein/status/1357757736394444800
12.
by bl557 6y ago
Some of my favorite "Intro to Bitcoin" pieces - "Bitcoin For The Open Minded Skeptic" - https://www.paradigm.xyz/Bitcoin_For_The_Open_Minded_Skeptic... "Stone Ridge 2020 Shareholder Letter" -
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by bl557 6y ago
Watch this video before you jump to any conclusions - https://twitter.com/gladstein/status/1357757736394444800
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by bl557 6y ago
Some of my favorite "Intro to Bitcoin" pieces - "Bitcoin For The Open Minded Skeptic" - https://www.paradigm.xyz/Bitcoin_For_The_Open_Minded_Skeptic... "Stone Ridge 2020 Shareholder Letter" -
15.
by bl557 6y ago
> Assets in registered wallets will simply not be relayed to unregistered wallets. I find this hard to believe. I think it's more likely that the gov't would treat crypto like fiat, and make it law to report any income in crypt
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by bl557 6y ago
Bitcoin doesn't really work as a currency (at least without some layer 2 solution). It's most valuable currently as a store of value / hedge against institutions.
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by bl557 6y ago
The article kind of lost me at times, but on the high level topic of (US) government regulation as an existential threat to crypto: - The US government is very slow moving, and crypto is quickly gaining popularity amongst the voting public