codehalo

22 ms·

61.
by codehalo 4y ago
Now that would be like thinking USD can never fail.
62.
by codehalo 4y ago
Only if that person who bought at $69,044.77 was a fool to sell.
63.
by codehalo 4y ago
As the FTX holders of bitcoin-equivalent is finding out, bitcoin-equivalent doesn't mean shit.
64.
by codehalo 4y ago
And how big is the fool who sold at $100?
65.
by codehalo 4y ago
Just to be clear, they are withdrawing tokens, not selling them.
66.
by codehalo 4y ago
>It was no secret that SBF hated traditional finance. That is quite odd. FTX was the very definition of traditional finance (with or without whatever regulations you may think is required). Maybe he was bullshitting you too? Crypto is no
67.
by codehalo 4y ago
Crypto holders are moving their crypto off of exchanges, not selling. The majority of sellers are speculators. The fast buck they were expecting hasn't materialized. They will be back when the space matures further, and more uniformed
68.
by codehalo 4y ago
Poster said "WWW" - World Wide Web. The web is not the internet.
69.
by codehalo 4y ago
Transaction broadcast is not the problem. Censorship is. However, if you want privacy, use Monero.
70.
by codehalo 4y ago
Who is the middleman in a bitcoin to bitcoin transaction?
71.
by codehalo 4y ago
>But because I live in America, I have to either pay the cost to fix the problem or pay the ongoing cost of crime that the problem produces. The "crime" the problem produces allow a lot of white men to put their kids through co
72.
by codehalo 4y ago
The comments in this very post explain why. It's going on 13 years now and a lot of HN readers still think crypto is a scam. There is still a lot of educating required.
73.
Tether, biggest stablecoin, cuts its commercial paper holdings to zero(cnbc.com)
3 points by codehalo 4y ago|0 comments
74.
by codehalo 4y ago
You don’t need a security staff to keep a bitcoin wallet secure, that is a very odd comment. Cryptocurrencies are not about making poor people rich and rich people poor. It is about having the a ability to do frictionless, uncensorable fina
75.
by codehalo 4y ago
But it is awarded by the very institutions that award "real degrees", not local trophy shoppes.
76.
by codehalo 4y ago
Brave?
77.
by codehalo 4y ago
> Unrelated aside: why is the quality of Hacker News posts and comments on crypto so bad? I experience extreme Gell-Mann amnesia[4] almost every post I read. It's because the posters think they are smart. With every passing day that
78.
by codehalo 4y ago
A "single authority", not a "single trusted authority".
79.
by codehalo 4y ago
HN reads like grumpy old tech and finance guys in Dockers pants and Alligator t-shirts stuck in 2000.
80.
by codehalo 4y ago
> You have two gated monopolistic ecosystems, choose the one you want to be gouged by. Is there some number of gated ecosystems that we get gouged by that would be considered acceptable and non-monopolistic? Three, ten?
81.
by codehalo 4y ago
The problem is that Apple and Google have a kill switch.
82.
by codehalo 4y ago
The opinions being expressed regarding cryptography, cryptocurrencies, freedom, and privacy has been absolutely depressing. The state and corporations have exerted their influence, particularly in the last fifteen years or so.
83.
by codehalo 4y ago
Is adobe responsible if someone uses it to edit or create pictures of child porn?
84.
by codehalo 4y ago
One would expect that association at a sports bar, not on hacker news.
85.
by codehalo 4y ago
> Though this does beg the question.... You are raising the question, not begging it. https://www.merriam-webster.com/words-at-play/beg-the-questi...
86.
by codehalo 4y ago
Yup. A huge win for the environment.
87.
by codehalo 4y ago
A comment that finally explains HN's sentiment on cryptocurrencies. I take it then that crypto is the financial equivalent of a fax machine (as Krugman described the early internet)? Well then, let's see how it all works out...
88.
by codehalo 4y ago
No need to go there when 99% of HN comments provides the same material. And I wouldn't call it enjoyable. The comments are the same as when Bitcoin was $100. Frankly, I'd call it ignorant.
89.
by codehalo 4y ago
Goldman Sachs is not Hacker News.
90.
by codehalo 4y ago
He didnt. UST placed in Terra Anchor for the promised 20% was not staked or locked. You could withdraw at any time. Really, this site needs to stop choking on the crypto ignorance. This has been going on for more than 13 years now.

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