everfree

49 ms·

271.
by everfree 4y ago
Do you have a source for that? It seems like it would generally be in Coinbase and Circle's best interest for people to arb USDC (at times when redemptions are live).
272.
by everfree 4y ago
Typically, Coinbase has been able to absorb liquidity on weekends to give consumers the illusion that USDC is redeemable outside of banking hours, but the SVB crash caused their weekend reserves to run out. If SVB didn't crash, there w
273.
by everfree 4y ago
There are lots of financial incentives for people to review bomb the app in both directions. Is there any evidence that it wasn't third parties manipulating the reviews both times in both directions? I'm imagining a second thread
274.
by everfree 4y ago
For better or worse, Coinbase does not have a USDC/USD trading pair, or USDC trading pairs with most cryptos (BTC, ETH, etc.). For the most part they have USD trading pairs, which if you have USDC you're typically expected to acce
275.
by everfree 4y ago
If they catch you doing what?
276.
by everfree 4y ago
Looks like I didn't read the parent comment closely enough before replying. Yes, I disagree with it. Zero-rating is just as much of a net neutrality issue as throttling is.
277.
by everfree 4y ago
3. The ISP will not zero-rate sponsored sites.
278.
by everfree 4y ago
Do you mean integrating blockchains with DNS, or do you mean blockchain-based DNS-like naming systems?
279.
by everfree 4y ago
Nothing seems counterintuitive to me about kicking off an open product by first doing a limited private beta.
280.
by everfree 4y ago
Productivity is a function of technology, labor, and natural resources. If technology improves by 10%, we can still see a 10% increase in wealth even if labor and natural resources remain steady. If technology improves by a whole lot , w
281.
by everfree 4y ago
Why does he believe that? Does he think that public companies will capture less of the world's wealth going forward, or does he think that global wealth will plateau?
282.
by everfree 4y ago
> I hear the idea the S&P will go 10% every year (in real value) being treated like a natural law by some people despite the fact that this is obviously impossible. Why is it obviously impossible? It just requires technology to impro
283.
by everfree 4y ago
> If UBI means that I get a check for $500 but at the same time my taxes go up by $500, I would have a hard time thinking that my income went up by $500. If you get a check for $500 and your taxes go up by $500, that means your total com
284.
by everfree 4y ago
> Aren't there factors in his initial state that 500$ a month won't fix On average, no. Most poor people are poor because their income is low, not because they are spendthrifts. > You're a union representing factory wor
285.
by everfree 4y ago
Assets and passive income are interchangeable. Assets produce passive income, and you can borrow against reliable passive income to purchase assets. If you redistribute passive income, you redistribute access to assets. If you redistribute
286.
by everfree 4y ago
> Even if "everyone qualifies" and you give every person $xxx, some people will get their taxes raised by more than $xxx. I don't see how this would make it "not income". It's still income if you have a larg
287.
by everfree 4y ago
> If everyone spent as much time donating their time and money as they do jaw jacking that "someone else should do something", we'd solve world hunger by now. Probably not. The average person generously spends maybe 6 hour
288.
by everfree 4y ago
Are you asking why the government should prosecute crimes, or are you asking why securities laws exist in the first place?
289.
by everfree 4y ago
People making transactions during the impacted hour would have noticed literally nothing different whatsoever about the Bitcoin network. The 40% drop in hash rate was completely indistinguishable from normal variance in block times that hap
290.
by everfree 4y ago
Bitcoin's throughput is artificially capped anyways. It can't ever be used for anything where throughput matters, regardless of whether it's at its peak throughput or not. Edit: Furthermore, it's completely normal for Bi
291.
by everfree 4y ago
> would suddenly take a lot longer After a 40% hash rate drop, transaction inclusion would take 66% longer on average (1/0.60). So, it would increase from an average of 10 minutes (and potentially up to 40 minutes) to an average of
292.
by everfree 4y ago
Hash rate dropping by 40% doesn't affect the usability of Bitcoin in any way. There was a disaster, and Bitcoin resisted it. How does that make it the opposite of disaster-resistant?
293.
by everfree 4y ago
No. You take the compromised plaintext password, hash it using the same algorithm you typically do for your customers, then you check the hash for matches in your database of existing customer password hashes.
294.
by everfree 4y ago
Expert programmers in a programming language that at the time had no tooling and had only existed for less than one year? No such thing.
295.
by everfree 4y ago
Do you really believe that when Satoshi originally sat down to write the Bitcoin source code, he was thinking "I am going to write an open source software tool that's purpose-built for committing fraud"?
296.
by everfree 4y ago
> Traditional banks, for the most part, have DNA built around protecting customer interests and customer money. Would you feel comfortable wiring your money off to a bank account in the Bahamas? I wouldn't. I think safety is more ab
297.
by everfree 4y ago
> you could have a business where you install unapprovable apps for people I've heard that there's somewhat of a black market for this already. One person buys a developer subscription, then signs apps for other people so that
298.
by everfree 4y ago
I guess I'll have to buy a laptop to bring with me on my weekend trips...
299.
by everfree 4y ago
Then my question is: Why do you believe that relaxing app requirements on iOS would cause mandated side-loading, given that it's not a problem for anything else currently on the market?
300.
by everfree 4y ago
What specifically do you mean by "selected specific cases"?

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