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hailwren
searching PlanetScale…
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31.
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hailwren
4y ago
Exact same thing happened to me. Wild.
32.
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hailwren
4y ago
What bearing does the existence of fake liquidity have on the equivalence between real liquidity and adoption? This is a vacuous non-sequitur.
33.
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hailwren
4y ago
You moved the goalposts a fair amount between > Not just “we’re still working out some of the details,” but literally none of it exists. and > flag-bearer for web3 These are projects that are attempting solutions. I wasn’t claiming th
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hailwren
4y ago
This seems like rhetoric. Have you tried looking? Counterexamples: lens.xyz, farcaster.xyz, urbit.org
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hailwren
4y ago
> This is a vacuous non-sequitur In finance, liquidity _is_ adoption. They’re the same thing.
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hailwren
4y ago
> Even though these "financial primitives" on the blockchain are neat from a technical standpoint, they tend to blow up precisely because the markets are not liquid enough (so second-order effects are amplified). I would rephra
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hailwren
4y ago
> because they are created by tech people who don't understand the domain. They just start building all of these things that seem useful to tech people, but completely miss what is actually important. This is just false. idk what to
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hailwren
4y ago
Right, so it turns out that there are a fair amount of operations you can perform on financial objects to change their properties. You can buy, sell, combine, or split their risk profiles in different manners to get properties that are usef
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hailwren
4y ago
> So basically, you guys are re-inventing what tradfi had years ago, just with worthless(?) tokens instead of debt backed assets. Crypto has debt backed primitives as well. You’ve linked one. AAVE is a lending protocol. If you don’t like
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hailwren
4y ago
How is this different from our current signing key system?
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hailwren
4y ago
No, there is a way to spoof transfer events on etherscan so that trolls can attach funny coin names to famous wallets.
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hailwren
4y ago
> However, the rest of us have a name for "bypassing government regulations" - we call it "crime". I don’t think that’s what we call crime. Isn’t crime the direct violation of government regulations? By your argument,
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hailwren
4y ago
There’s a weird false equivalence here. Whenever critics hear government oversight and interference, they immediately point to the governments that manage their currency relatively well and say “look, these governments do therefore no one n
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hailwren
4y ago
You’re both completely missing the point (hence, my somewhat terse original reply). It really doesn’t matter to the meaning of my comment whether the first sentence exists or not. You can simply remove it if you like, the rest of the commen
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hailwren
4y ago
Sure, differentiating between two categories of things is a logical fallacy I guess.
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hailwren
4y ago
Not sure what gemini has to do with this, but most people who actually think crypto is interesting will tell you that _any_ centralized exchange (to include coinbase, gemini, the NYSE, even the ones in the future that haven’t been made yet)
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hailwren
4y ago
Ok, you can replace dynamic pricing with dynamic tipping in my original comment if that makes it more comprehensible for you.
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hailwren
4y ago
I mean, this is what is happening with the dynamic tipping system and none of these things appear to be happening.
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hailwren
4y ago
I also hate tipping everywhere, but coffee shops might also like to adjust their prices slightly for customers that don’t mind paying a bit more for well paid staff and for those customers to whom price is a major concern when choosing wher
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hailwren
4y ago
Coinbase avoided this fate by being a us regulated company. FTX.us is still above water. It’s the Bahamas based company that was able to cook the books and is now defunct. As for Binance, they have the SAFU ( https://academy.binan
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hailwren
4y ago
Their point is that if you have the money to buy $1.1B of something off market, you should also have the money to buy $1.1B of something on market. Any time someone posts an ask at or below $22, you simply fill the order.
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hailwren
4y ago
Median earned income 10 years after enrolling at an Ivy is about 2x the all schools average. https://www.washingtonpost.com/news/wonk/wp/2015/09/14/this-...
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hailwren
4y ago
> do most of any nomads actually pay the same taxes that a local would in the places they visit? No, of course not. The rub is that 0 nomads are employed by companies in the places they visit. If they’re American, they’re still paying U
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hailwren
4y ago
So, you might be interested in https://github.com/SimulaVR/Simula . There have been a few examples of VR windows managers on Linux which don’t require an entire OS rewrite. Is that the solution Meta will go w/? al
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hailwren
4y ago
For civilian applications, sure. But Shor’s seems like a good enough reason for defense and defense have deep enough pockets to get this somewhat rolling.
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hailwren
4y ago
Errmm? He says “we are making progress in slowing the rate of price increases”. (making progress in (slowing the (rate of price increases))) 3 ————————— 2 ————— 1 ——————————— The question is what you think “progress” is doing in that sent
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hailwren
4y ago
Not the one gp was referencing, but here’s the Reagan quote pretty much verbatim from Biden: “we are making progress in slowing the rate of price increases.” https://www.cnbc.com/2022/01/12/biden-says-cpi-infl
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hailwren
4y ago
Yep. This is what we do in finance. It sucks a bit because most of our comp is bonus and you only get your base pay on garden leave, but I’m shocked this isn’t a requirement.
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hailwren
4y ago
Are you conflating land vehicles with air ones? Because autopilot flies more hours than pilots in 2022.
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hailwren
4y ago
Luckily there haven’t been any technological advancements in aviation or computation since May 16, 1977.
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