devishard

10 ms·

61.
by devishard 10y ago
Whoa. The way you're using those stats doesn't make sense. Trade volume is heavily skewed toward the use cases of those who make trades often; i.e., day traders. A user who makes a $100 trade once a month comes out to affecting tr
62.
by devishard 10y ago
> Really fantastic achievement and a really down to earth take on food - good to see Michelin not adopting a stuffy elitist stance on their awards. This is kind of late to say this.
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by devishard 10y ago
EDIT: This is also why Ethereum's recent hard fork is such a ridiculous idea. Now Ethereum has all the downsides of centralization without many of the benefits.
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by devishard 10y ago
> most people aren't selling bitcoin for national currencies when they are using an exchange, they are trading between altcoins and other cryptoassets. I'd actually like to know if this is the case. It certainly isn't what
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by devishard 10y ago
Look, I'm a big Bitcoin enthusiast, but Bitcoin isn't easier than traditional banking. I sent ~8 checks at the beginning of the month without doing literally anything, because they were set up with automatic bill payment. When I
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by devishard 10y ago
> I think the key phrase here is "in the long term". Who says Bitfinex is in it for the long term? They say it? Why do you trust them? Assuming they don't plan to die tomorrow, Bitfinex is on the hook for a lot of money to
67.
by devishard 10y ago
It's a bit annoying, but there are benefits to decentralization, too. If the banking system collapses, my Bitcoin are safe. If I get arrested, the government can't seize my assets. If I travel to another country, I don't have
68.
by devishard 10y ago
Agreed. This is pretty much how I use exchanges.
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by devishard 10y ago
> Businesses understand this really well and they are using this to their advantage, there's not much regulation around crypto-curruncies as of now, so these companies can operate in a legally gray area. It is the customers of these
70.
by devishard 10y ago
You're right, they do try to hang their hat on anonymity, but when they do that, it's pretty much an outright lie. Centralized Bitcoin services are regulated and tied to other financial services. Coinbase knows exactly who I am. A
71.
by devishard 10y ago
> It is easy to make fun -- and I do make fun -- of bitcoin/blockchain enthusiasts for naively re-creating everything that has existed for decades or centuries in the traditional financial system. From a "blockchain enthusiast&
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by devishard 10y ago
Perhaps people worship wealth and power, yes.
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by devishard 10y ago
On what basis are you claiming that his ventures have an extremely high likelihood of failure? > He's definitely not in it primarily for the cash. I don't see any evidence whatsoever for this assertion.
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by devishard 10y ago
> I think I just don't come across situations where I find myself needing generics in the software that I typically write. You don't need generics, sure. You can write working code in assembly, too. But abstractions catch mor
75.
by devishard 10y ago
True, but given the entire point here is to have interesting conversations, I think that's a higher priority than civility.
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by devishard 10y ago
I think in both cases, yes, they should reveal that they got the stuff for free. I don't really see any ambiguity here. Just ask, "Would I want to know about this if the celebrity's actions were a factor in my purchase?"
77.
by devishard 10y ago
How does this differ from surfing shows on the internet?
78.
by devishard 10y ago
The identity verification is essentially a phone call for most CAs, which verifies nothing. Some CAs do better, but it only takes a few bad apples, and in this case it's not a few bad apples--it's mostly bad apples.
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by devishard 10y ago
I think the line can be unambiguously drawn at whether or not the celebrity is receiving money as payment to post something. In the example you've described, things posted before the band had a deal with Ernie Ball don't need th
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by devishard 10y ago
> Tying real world identities to public keys is very much a part of crypto. Windows does it with package signing and EV, Debian does it with people holding up their passports at Linux events, and web sites do it with EV HTTPS. This would
81.
by devishard 10y ago
> That is not what it means: http://philosophy.lander.edu/oriental/charity.html I'm aware of what it means--I'm saying that the principle of charity doesn't apply. The principle of charity doesn'
82.
by devishard 10y ago
Cable television is a worse experience than watching video on the internet in every way. I really don't understand why people are still doing it.
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by devishard 10y ago
> The entire point of bitcoin is to avoid financial institutions? That sounds like a pretty big disadvantage compared to other forms of money that work well with financial institutions. It is a huge disadvantage for some purposes, but th
84.
by devishard 10y ago
I don't know how you came to that conclusion. My assumption is that they're selfish assholes who want to successfully launder stolen Bitcoins. Holding on to Bitcoins and laundering them through tumblers gradually would allow them
85.
by devishard 10y ago
Okay, why don't you assume in everything I'm talking about fluffy rainbow butterflies or something nice like that? Principle of charity, right? That way we can both go our separate ways happily. If someone doesn't mean "
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by devishard 10y ago
I don't understand why every hacker tries to come up with a novel way of laundering bitcoins or tries to launder them all at once. Is there something urgent they need to spend thousands of bitcoins on right now that they can't jus
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by devishard 10y ago
> Only in bitcoin land does it make sense to blame laypeople for storing their money with financial institutions. Uh, yeah. That's the entire point of Bitcoin. > Only in bitcoin land is it a best practice to secure your money usi
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by devishard 10y ago
That depends very much on what you consider "working". I don't see any value whatsoever in what bronz was communicating, and any discussion that starts from that is going to be equally vapid. That's not "working&quo
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by devishard 10y ago
In the long run, I think this is good for Bitcoin. It's supposed to be a decentralized currency. Centralizing Bitcoin in an exchange makes the exchange a big target. This disincentivizes centralization and limits how much centralizatio
90.
by devishard 10y ago
I can definitely see the tradeoffs of choosing between Java's bad namespacing conventions and lack of type inference, but keep in mind you're comparing to a 20 year old language. Other languages (i.e. C#, Nim) have learned from Ja

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