cal5k

132 ms·

391.
by cal5k 9y ago
I actually think this is fundamentally an attack on the right to transact anonymously. Trends towards the confiscation of large sums of cash, increasing restrictions on moving money relating to KYC/AML, and the further emphasis on digi
392.
by cal5k 9y ago
A government? It's a list. Until it collects taxes, has a monopoly on violence and provides basic services, a list is just... a list.
393.
by cal5k 9y ago
The libertarian dream. Clearly not supported by the libertarian reality. Besides - it's a fantasy to think that exchanges, which by definition deal in fiat currency, would somehow be immune to government regulation.
394.
by cal5k 9y ago
Well, technically only their altcoins were kept in a hot wallet - still, unbelievable incompetence. This is where regulation is sorely needed.
395.
by cal5k 9y ago
As far as I can tell the news hasn't hit the mainstream news yet. Might be a further dip when it does.
396.
by cal5k 9y ago
More information... looks like they only kept their Bitcoin in cold storage. Their altcoins were not. Dear god, the stupidity: https://bitpinas.com/news/coincheck-press-conference-japanes...
397.
by cal5k 9y ago
That is unbelievably stupid.
398.
by cal5k 9y ago
You can't ban them, but you could put together a "blacklist" on tokens from a particular origin that exchanges could agree to honour. It wouldn't stop anyone from trying to sell their coins in other ways.
399.
by cal5k 9y ago
Interesting. So is the implication here that it was probably an "inside job"? Were the private keys held in cold storage?
400.
by cal5k 9y ago
Yes... all of the addresses involved should be known and can be blacklisted by major exchanges. Still - the question is why was it even possible for a "hack" to score so much cryptocurrency? This is a legendary score on par with M
401.
by cal5k 9y ago
I don’t think that’s objectively true. Apple has been making deliberate tradeoffs that favour privacy where it would be easier and possibly better UX not to do so. Siri is a pretty classic example of these tradeoffs in action.
402.
by cal5k 9y ago
Ah interesting. So they can't front-run their own clients, but they can sell the data to others who will? ;-)
403.
by cal5k 9y ago
My assumption here is that by "no-commissions" they mean that they're only making the bid/ask spread on transactions as a market maker?
404.
by cal5k 9y ago
It would be damn near impossible to conclude anything from such research without a control. “Randomized double-blind, placebo-controlled trial” is the critical sentence - at best you’d get a correlation which probably has been influenced by
405.
by cal5k 9y ago
I'm always amused/horrified by Hacker News comments on anything health-related. Herein lie a group of incredibly smart individuals sharing anecdotal evidence and folk remedies without a lick of irony.
406.
by cal5k 9y ago
Quite simply they can ask you to prove the origin of the bitcoins when you eventually want to use them/convert them to fiat/etc. Didn't buy them on an exchange or from another person? Well, then you probably mined them and th
407.
by cal5k 9y ago
There was a study done a while back basically demonstrating that following breaking news too closely actually resulted in a less accurate recollection of the facts. Turns out it’s difficult to forget compelling information even if it ultima
408.
by cal5k 9y ago
I hope everything is okay - but I’m finding this a fascinating real-time case study of the chaotic nature of breaking information during a (potential) disaster. Conflicting reports, false alarms, difficult-to-parse data...
409.
by cal5k 9y ago
Ironically the best way to be a successful criminal in 2018 is probably to be as low-tech as possible. Bitcoin transactions are trivially easy to track, and the exchanges are an obvious place to apply regulatory pressure.
410.
by cal5k 9y ago
This is appropriate. You don't need cryptocurrency to engage in a ponzi scheme - they've been going on since time immemorial. I'm a pretty hard-headed realist, but I find it irritating that every price movement, every regulat
411.
by cal5k 9y ago
I live in a major city (Toronto) and don't own a car, but this is still something of a fantasy - major cities are incredibly reliant on automobiles for moving goods in and out of the city even before you consider moving people. And wit
412.
by cal5k 9y ago
I don't get the point - are you suggesting we'd be better off without automobiles? Would we go back to horses? What about global logistics? Agriculture?
413.
by cal5k 9y ago
Surely you wouldn't hash a car?
414.
by cal5k 9y ago
Go Go Gadget Gopher! :)
415.
by cal5k 9y ago
It makes sense if you think about it... let’s say that sand sells for $10 per cubic yard. If there’s a substantial area with sand down to 100ft you’re talking millions upon millions of dollars worth of sand!
416.
by cal5k 9y ago
Basically they ship the deck all by itself in a 747.
417.
by cal5k 9y ago
It's easier to point to the medical profession than to admit to a failure of policy. Fentanyl is rampant as a street drug simply because it's so concentrated and, therefore, quite profitable to smuggle. When the "war on drugs
418.
by cal5k 9y ago
I don't think I agree with this. While medical diagnosis has often required some sort of overarching theory (which is usually advanced beyond our available treatment options), treatments (pharmaceuticals in particular) have most common
419.
by cal5k 9y ago
Ensure tastes awful. If I had to live on that for a week I'd go bonkers.
420.
by cal5k 9y ago
Well here's an example - I'm having jaw surgery tomorrow and will be on a liquid diet for a week. I stocked my fridge up with Soylent so that I'd have something decent-tasting and relatively nutritious to drink while I'm

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