capnorange

8 ms·

31.
by capnorange 6y ago
This argues that BTC is not money based on the big 3 properties, without considering that BTC has been running only for 11 years. BTC/Gold is probably the best way to store wealth across time on a 10+ year time horizon without losing m
32.
by capnorange 6y ago
the dev experience
33.
by capnorange 6y ago
At this point, never trust a hardware wallet that stores your address. 270k people have become a target. If you have brought a hardware wallet recently, request them to delete your info, they have no reason to store it.
34.
by capnorange 6y ago
I do this for every new address that I send to.
35.
by capnorange 6y ago
> It's not like Bitcoin has a hardcap in any of our lifetimes. You must be a EMH denier :) > ETH supply is infinite I never claimed that ETH supply is infinite, just that the issuance is unpredictable.
36.
by capnorange 6y ago
If you are part of the leaked info[1], you are basically a walking target(mine was leaked, I constantly get phishing emails). Trezor has had better service but this could as easily happen to them. To be really safe Coldcard is the best opti
37.
by capnorange 6y ago
The higher the price, the more useful Bitcoin is.
38.
by capnorange 6y ago
coldcard if Bitcoin only. Trezor for crypto. Avoid Ledger if possible. I own all three. Currently using Coldcard + Casa.
39.
by capnorange 6y ago
Bitcoin is like any other software, the limitation is only on a social level. If it's a breaking change, you would need to convince enough people to migrate to Bitcoin2(similar to what's happening in ETH right now).
40.
by capnorange 6y ago
inflation adjusted, much needed until ATH :)
41.
by capnorange 6y ago
deribit.com
42.
by capnorange 6y ago
Ethereum operates on "Minimum viable issuance" so unlike Bitcoin there is no hard cap. Eth wont be deflationary until EIP-1559, maybe never.
43.
by capnorange 6y ago
Bitcoin has enough dev power to implement any feature, the gatekeepers are the people running the node and to a smaller extent the developers and miners. There is a reason Bitcoin just is.
44.
by capnorange 6y ago
The whole point is to move your idle capital to Bitcoin so you preserve it's value over time.
45.
by capnorange 6y ago
The issue was an implementation bug afaict and from official responses. Solana is clearly BFT, unlike what Emin claims. To be fair, I don't expect Solana to be as centralised as other chains only for the reason that you need a gaming r
46.
by capnorange 6y ago
yeah, seems similar to the shutterbugs. Blind camera tests have widely different opinion - https://www.youtube.com/watch?v=kbeEkwlTeqQ .
47.
by capnorange 6y ago
Solana. It powers Audius which has ~300,000 monthly users.
48.
by capnorange 6y ago
> all transactions are at risk of being reorged Satoshi's coins are always uneffected in case of a reorg. So if everyone else's who have never transacted since the reorg. Chain reorg's are usually temporary even in chains
49.
by capnorange 6y ago
The difference from "get rich from dogecoin" is that there is no downside(aside from smart contract risk). You could however be morally against earning interest through others speculating. In that case you could still earn better
50.
by capnorange 6y ago
Maybe it's not useful to you, maybe if you kept an open mind you could find some use! 1. There is $14.17B of value locked in DeFi, so it's clearly useful to someone(and scams don't account for the majority of it). 2. USD is n
51.
by capnorange 6y ago
how about getting a higher interest on your savings account using defi on your usdc? Isn't this a real world use case?
52.
by capnorange 6y ago
everyone's money is not at risk -- only the people who are transacting. There are also tools to know a estimate a good number of confirmations needed.
53.
by capnorange 6y ago
flash loans makes markets more efficient: https://blog.instadapp.io/six-percent-instant-return/
54.
by capnorange 6y ago
> I think people would eat meat less regularly if they see the animals butchered. I have been on a carnivore diet for some time now. I wanted to know if I was capable of butchering. With some training from a pro, I did it around 6 times(
55.
by capnorange 6y ago
@inversebrah
56.
by capnorange 6y ago
Maybe I missed it but I don't see bitcoin mentioned anywhere(other than the ad). However given what happened in 1971, it should be surprising there is not mention of Bitcoin! I interpret this to be an issue with central planning, Balan
57.
by capnorange 6y ago
I think of execution more in terms of the capability of a team to deliver something. This has more to do with founder & the teams passion, experience etc, which is fairly constant.
58.
by capnorange 6y ago
I do believe execution is all the matters(from my experience) because ideas can always change.
59.
by capnorange 6y ago
My company chat is completely on Discord. It is definitely an upgrade from Slack.
60.
by capnorange 6y ago
Ruby, JS/TS, Rust

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