esonoi

11 ms·

1.
by esonoi 3y ago
Crypto is more a commodity than currencies, because unlike currency, crypto is subject to the same speculative supply and demand forces as conventional commodities. Examples of non-physical commodities: music and apps. Example of something
2.
by esonoi 3y ago
Gold is not a currency, it is a commodity that is similar enough to a currency (meaning it can substitute as a currency). ISO 4217 includes precious metals that it explicitly states are not currencies. Currencies do not exist outside a mone
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by esonoi 3y ago
I’m not a lawyer but work in the industry. This is a slightly incorrect interpretation. Not all financial instruments are securities. Financial instruments are legal contracts between an issuer and one or more holders + other parties. If yo
4.
by esonoi 5y ago
Not entirely true. Two things to consider: 1. Public sentiment. When Goldman Sachs open sourced their collections library on GitHub, it gained marginal traction (opinion: seemed more about PR to attract tech talent). When it was adopted by
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by esonoi 5y ago
That proprietary IDE was a piece of crap. Monkey patching was prevalent, exponentially increasing startup time depending on the last time you opened it, and an “online” source tree where one could easily modify the source code in someone el
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by esonoi 8y ago
You have a primary and a backup with a synchronous commit protocol. When a commit request is made on the primary, the primary writes to its transaction log and the backup’s log. If the backup does not acknowledge, the commit fails. The back