hiq

39 ms·

451.
by hiq 4y ago
> incredibly secure as long as you don't leak your 12 words So what happens when you do? It sounds incredibly secure until you end up in a bad situation with no remediation.
452.
by hiq 4y ago
> And yet nobody has an issue with Namecheap marketplace—a centralized ledger If nobody has an issue with it, why are you talking about an alternative to it? What's the benefit? Also note that Namecheap does sell domains that are th
453.
by hiq 4y ago
> Namecheap: 10% commission, only works with Namecheap-registered domains, the exchange may take up to 96 hours, and then 5 days later you can withdraw these funds to PayPal (which will incur additional fees). > Compare this to, say,
454.
by hiq 5y ago
> These are social constructs, maintained by social consensus. AKA trust, so we're not transacting only with "a bunch of people that you do not trust".
455.
by hiq 5y ago
How come the trust regarding the physical goods themselves does not expand to the financial aspects of the transaction?
456.
by hiq 5y ago
> The whole point is peer to peer transfer of digital assets and digital state that is recorded on-chain. The goal is not “how to transfer a physical asset.” Yes I understood where you were going. Just pointing out that the scope of the
457.
by hiq 5y ago
> For instance, in trade finance where multiple parties in an environment with limited trust have to settle a complex transaction asynchronously, blockchain / DLT can really help. When does that happen?
458.
by hiq 5y ago
Your example only works because you're considering an asset that lives in the blockchain itself. So it doesn't apply to anything physical, as in this case, you need a trusted channel to transfer the asset anyway, and a blockchain
459.
by hiq 5y ago
That only holds if you donate your BTC. In practice you want to buy something with it. How do you guarantee that you do receive the thing you're buying once you've given your BTC? You need to trust this other channel through which
460.
by hiq 5y ago
I was just questioning the "trending up" comment that was given without much of a justification. You can add "by 33% (20kUSD) to the "down from its peak" if you prefer. > IMHO the recent volatility is mostly due
461.
by hiq 5y ago
> Governments can't help but abuse their powers and eventually kill their currency. This is an argument against USD as some kind of eternal international currency, not against RMB / EUR or another fiat currency replacing it (in
462.
by hiq 5y ago
> The network effects of people owning and becoming more comfortable with it. People already own fiat currencies, and are mostly comfortable with them, more than they will ever be with cryptocurrencies where losing a private key can mean
463.
by hiq 5y ago
> What do you think will break the network effects of Bitcoin? Which network effects are you referring to exactly? What does BTC have that the RMB or USD don't have? Or do you mean that having no counter party risk is a network effe
464.
by hiq 5y ago
> that was just a number for illustrative purposes It's more of an ideal, e.g. the ECB targets this. In practice there's a margin of error, the question is how big it is. Once this error (for the currency you use, e.g. USD I as
465.
by hiq 5y ago
Usage can still be increasing indeed, or not. Just saying that OP's comment makes little effort in demonstrating that.
466.
by hiq 5y ago
> That's way off the mark with regard to purchasing power vs money supply. Check your M2 chart. Not sure what you're disagreeing with. Point is, if I can't predict reasonably well what I'll be able to buy in a few mon
467.
by hiq 5y ago
You'd have a point if these were cumulative, but e.g. there are several examples of companies which started using cryptocurrencies but gave up on them eventually.
468.
by hiq 5y ago
For a currency you're better off with more certainty, e.g. a 2% constant yearly inflation is ideal and allows people to use it as a currency. BTC is also currently down from its peak, no one knows if it's currently "trending
469.
by hiq 5y ago
> Bitcoin has a four year halving cycle This misses the whole picture which is about both supply and demand, and mining is only one side of the equation. You do mention demand afterwards, but > Bitcoin's network effects have alre
470.
by hiq 5y ago
> controlled by no one What about market manipulations? > They have everything to gain and nothing to lose from such an asymmetric bet. Not sure how you pass the volatility under the rug to conclude that they have everything to gain a
471.
by hiq 5y ago
These analyses can only come up with lower bounds rather than actual estimates. I'm not sure which part of the article you rely on to assert that "the activity is overstated", but it claims: > With blockchain analysis, how
472.
by hiq 5y ago
How does it compare with Wikisource? It looks like Project Gutenberg is older, but given https://www.gutenberg.org/help/errata.html is looks like the UX (as a contributor) is better on Wikisource.
473.
by hiq 5y ago
My link explains that the wash sales prevent us from deducing anything from these numbers.
474.
by hiq 5y ago
Is it? https://news.ycombinator.com/item?id=30745139
475.
by hiq 5y ago
Yes exactly. I'm fine with any company policy as long as it doesn't change every month. Then it's just one more criterion to select the offer you prefer, depending on your preferences.
476.
by hiq 5y ago
Are you looking for a fully remote job then?
477.
by hiq 5y ago
Exhibit D looks like he's borrowing some money (12.5B USD) with TSLA as collateral, unless I'm misreading it.
478.
by hiq 5y ago
P2P doesn't have ads and doesn't look like it's going away.
479.
by hiq 5y ago
> And how often do you here stories of viruses from Linux users? How often do you hear stories of people switching from Windows to Linux? You and I are not relevant, the median user is, and the median user doesn't even understand yo
480.
by hiq 5y ago
> All the scripts and little tools I've built up over the years just work (no fighting with namespaces when you switch to root or other weird Android nonsense.) rm -rf / in one of those scripts also just works I assume; my poin

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