earnesti

12 ms·

121.
by earnesti 2y ago
If you have a business that can get off the ground without funding, great. That just isn't reality for most. There is maybe some people who raise money "because it is cool", but I would think it is in the minority. If you hav
122.
by earnesti 2y ago
The deck from March says that they have been sending the deck around since March, and are still looking for investments. It might be meaningful, but would have to measure how quickly the typical funding rounds are made for successful compan
123.
by earnesti 2y ago
> I think it has worked well for a lot of people as an investment. Not so much as a replacement to normal money. Replacing normal money altogether would anyway be an huge goal. Personally I believe, long-term Bitcoin is getting there. I&
124.
by earnesti 2y ago
> Also - using soylent, oculus and crypto to paint Andreesen as a bad investor (0 for 3 as he says) is a weird take. Come on - do better if your going to try and take my time. I agree, I stopped reading after this. However Andreessens ha
125.
by earnesti 2y ago
> I think he's actually describing Linus Torvalds there, who, legend has it, thought about Git for a month or so and when he was done thinking, he got to work coding and in six days delivered the finished product. And then, on the
126.
by earnesti 2y ago
I have been not developing for app stores, how does exactly this work? Why does Google want the private signing keys? Why it is not some certificate or something?
127.
by earnesti 2y ago
If billed by hour, that's great.
128.
by earnesti 2y ago
I don't think there is anything wrong about it, but I think it is a good thing to be informed about it, especially for those involved with smaller businesses.
129.
by earnesti 3y ago
> The odds are always against you—especially given how much one can make in FAANG, it's a particularly difficult time to make any kind of expected-value argument for working at a startup. This kind of advice often assumes that it is
130.
by earnesti 3y ago
I think the most common reason is, that people just want to avoid uncomfortable conversations. Back in the days I was a startup founder, my beliefs were always pretty different from the other stakeholders, and in the end everyone takes thei
131.
by earnesti 3y ago
TLS handshake actually makes sense for average programmers who understand basic cryptography. Ethereums problem is that it is a badly designed clusterfuck. The newer blockchains will likely take over.
132.
by earnesti 3y ago
Ripple is just a centralized shitcoin. Not much to do with real decentralized cryptocurrency like Bitcoin.
133.
by earnesti 3y ago
> I've never heard of employers using it to check candidates' salaries, though. They usually just ask as part of the interview process. As a Scandinavian employer, I can tell you that the tax records are very useful. Especially
134.
by earnesti 3y ago
"It is amazing how these dump rich capitalists keep making very stupid decisions, while I'm very smart but poor and have to work them".
135.
by earnesti 3y ago
Yeah. What about a free market, where everyone can start their own company and run it as they wish? If working from office is so horrible, the companies practicing it should quickly die out, and the remote-run companies should flourish. Rem
136.
by earnesti 3y ago
I love how the poor have to work at cubicles.
137.
by earnesti 3y ago
How do you know if your counterparty is mixing or not?
138.
by earnesti 3y ago
Actually he used liberty reserve, a popular centralized service at the time. Yes he also used BTC but I think that doesn't matter a lot, since he was using an LR account registered with his personal details to pay for the domain.
139.
by earnesti 3y ago
The initial account in the chain belongs to Sterlingnov. However where is the evidence that subsequent accounts belong to him? Maybe he was selling the BTC on Bitcoin-otc or some other random place that existed back in the days, and now he
140.
by earnesti 3y ago
The general lesson is: be smart. Also, taking funding with really bad terms might make sense sometimes. However quite rarely. The other viewpoint is, that typically at funded startups founders get some salary. You can view it also as an ano
141.
by earnesti 3y ago
Personally, I think Nokia didn't really think anything. The management was just incompetent and they didn't have any real strategy. They had 100 teams of engineers each doing their own phone model, and were just too lazy to fire u
142.
by earnesti 3y ago
Wat? They had cold storage, the cops just used a $5 wrench attack, kind of. Basically they stashed their profits from the operation to BTC, then just held it.
143.
by earnesti 3y ago
The majority of people don't want to touch the blockchain.
144.
by earnesti 3y ago
What about Lightning Network?
145.
by earnesti 3y ago
What about an excel sheet?
146.
by earnesti 3y ago
What's wrong with mega payout. These guys created tons of value, they deserve their payout. Using this stupid structure they just fucked an entirely good operation. LLM's and other modern AI algorithms are out of the box now, othe
147.
by earnesti 3y ago
I pay quite a lot of stuff with BTC, either onchain or lightning network. I don't see BCH or XMR accepted nearly as much.
148.
by earnesti 3y ago
It is pretty much a marketing piece, overall. I'm from Finland and there are tons of layoffs all the time. No one wants to do layoffs, sometimes companies just have to do them to survive.
149.
by earnesti 3y ago
I was working for a company, where the engineering team was doing this kind of refactoring, test development and what not mainteinance coding with large team for about 2 years. Meanwhile not many new business features were being developed a
150.
by earnesti 3y ago
Those people who bought his products, invested in his company or otherwise increased his wealth, thought that he deserves the money, as they got something valuable in exchange. I don't think the opinion of an unrelated party matters th

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