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hyprCoin
searching PlanetScale…
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31.
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by
hyprCoin
9y ago
Off the top of my head: * Distribute tokens to partners (product / gift manufacturers). Partners with vested interest in the success of a company could be much less likely to sever relations as it will hurt their investment. * Distrib
32.
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by
hyprCoin
9y ago
Then you are not the target audience. Every small business or community can be tokenized, just like every small business can have a website. Tokenization could encourage repeat visits, community virility and vested interest, not to mentio
33.
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by
hyprCoin
9y ago
There will be plenty of people willing to pay to convey a message, it's the entire field of advertising.
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by
hyprCoin
9y ago
Privacy coins and decentralized exchanges will start rewarding individuals who engage in untraceable tax evasion, which will get easier over time. This puts a negative reward signal on honesty. The current governance system will have to ad
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by
hyprCoin
9y ago
This sentiment is the driving force behind the popularity of many crypto currencies. Crypto enables class mobility where there was none before. For instance, purchasing $1,000 of Nano (XRB) at 10 cents (4 months ago) would be around $87,00
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by
hyprCoin
9y ago
Sure, I'm 35. The ease of access to capital for good ideas without any of the bullshit involved in startup fund raising is what has convinced me of this. It really doesn't matter what ivy league school the CEO went to, it's
37.
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by
hyprCoin
9y ago
Here is my belief, may be different from yours: There is a massive generational theft that's been happening over many centuries. Property prices inflating along with the rising cost of education and loans are further rigging the syste
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by
hyprCoin
9y ago
I'm saying that all crypto teams contain software engineers, not that all software engineers are cryptocurrency maniacs. You also may want to reevaluate your initial thoughts on what representations of value can do for each of these us
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by
hyprCoin
9y ago
What does it look like when a large group of people start selling a large amounts of stock directly into a buy wall? Fear of an insolvent retirement can trigger this behaviour which then can compound on itself as other retirement plans are
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by
hyprCoin
9y ago
The more people that follow index funds, the larger my portfolio grows. Definitely follow this advice, nothing can go wrong and the price can only go up. Unless of course, there is a large withdrawal event looming around the corner that w
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by
hyprCoin
9y ago
Yes these systems where the wealth is unfairly distributed and then horded by whales do exist. They are not constrained to crypto and not all crypto follows this distribution mechanism. Trades also do not have to be zero sum, winner and lo
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by
hyprCoin
9y ago
"As a currency, Bitcoin should be a serviceable unit of account, means of payments, and a stable store of value. It is none of those things. No one prices anything in Bitcoin. Few retailers accept it. And it is a poor store of value, b
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by
hyprCoin
9y ago
What's to say they aren't? If you are trying to accumulate, would you bump up the price publicly and buy privately or suppress the price publicly and buy privately? I know what I'd do, especially if there were no laws aroun
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by
hyprCoin
9y ago
The boat is a fleet and they are currently docked.
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by
hyprCoin
9y ago
I agree, let's all stop fighting about what is and what isn't bubble and just look at the tech and potential. Here are a few use cases I'm excited for: * SONM / Golem as an entryway to fog computing. * IOTA / WTC &
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by
hyprCoin
9y ago
This reads like a conspiracy theory but please pause for a moment and consider why a financial company involved in cryptocurrencies would spread concern to a highly read news outlet. Either they: 1) Are scared that tethers can crash the ma
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by
hyprCoin
9y ago
http://english.hani.co.kr/arti/english_edition/e_national/73... > Low-income South Koreans are finding it harder and harder to rise to the middle or high-income classes through their own efforts and abilit
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by
hyprCoin
9y ago
I would prefer that the government control the supply of money and take a part of a preset emission to fund itself. A second part of the emission could be used for UBI protecting the poor and getting buy in from the populous. It would rid o
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by
hyprCoin
9y ago
Being able to exchange btc for other coins makes it like a stock market. BTC is also a commodity. It is also a speculative investment into the lightning network. It is also a hedge against fiat currency. BTC is many things and it causes
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by
hyprCoin
9y ago
Bitcoin's value prop is a store of wealth and it's an entryway (through exchanges) to far more interesting coins. Crypto is also a stock market 2.0, where bitcoin is an index fund.
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by
hyprCoin
9y ago
Yes if you read the fine print you can tell what your chances of social mobility are from a lottery ticket. It's fine if the wealthy elite take the 1000x returns from successful startups. We wouldn't want the poor hurting themsel
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by
hyprCoin
9y ago
You and I seem to have had very different differences in crypto currency. 1) Rarity does play a factor in some currencies. Others less so. You get to choose what is important to you. 2) Transaction fees for BTC are hovering at $30 last I
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by
hyprCoin
9y ago
Ideally the hypothetical down syndrome man will be able to seek help and pay someone for their time if their immediate support network fails them. Perhaps an assisted living center. No need to introduce a nanny state to account for an edg
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by
hyprCoin
9y ago
Google is losing market share of searches last I looked. Baidu searches have doubled in percentage marketshare. Youtube and netflix are both on demand television as are amazon instant, modern cable tv subscriptions, and a variety of speci
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by
hyprCoin
9y ago
I respectfully disagree with your conclusion. There isn't one company for internet searches and there isn't one provider for online video content. Why should there be just a handful of currencies? The natural state of a healthy e
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by
hyprCoin
9y ago
Discussing actual production-ready UBI avenues results in downvotes. I'm guessing it's a knee-jerk reaction to crypto currencies doing so well and there being many who are either tired of hearing about it or who feel as if they m
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by
hyprCoin
9y ago
My answers, maybe not the same as yours. 1) Let people make their own decisions and don't try to be their caretakers. 2) UBI should be universal. Ideally the impetus would not be on the US government or any other local government to i
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by
hyprCoin
9y ago
Regulations provide an avenue for rejecting actions. This avenue can be subsequently abused by bad actors - for example, accredited investment is abused by the wealthy to extend their opportunities at the expense of the middle class and po
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by
hyprCoin
9y ago
Instead of accomplishing a collective objective, a few bad actors accomplished personal objectives. It points to an idea that we should remove counter party risk in these situations. One very popular attempt to mitigate counter party risk
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by
hyprCoin
9y ago
Have you looked? There are better savings accounts with proof of stake systems. There are programmable components with ETH, EOS, Lisk, various others. There are bank/savings accounts that can be signed up for with a web browser (sma
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