jerrymiller

6 ms·

1.
Taproot is locked in: Biggest Bitcoin L1 upgrade since 2017(taproot.watch)
5 points by jerrymiller 5y ago|0 comments
2.
Static Methods Considered Evil?(vkhorikov.medium.com)
2 points by jerrymiller 5y ago|0 comments
3.
Bitcoin Will Save Our Earth(bitcoinmagazine.com)
2 points by jerrymiller 5y ago|0 comments
4.
by jerrymiller 6y ago
So much projection. Astonishing. What's discussing is handwaving real-world problems because they don't fit your agenda.
5.
Bitcoin: Addressing the Ponzi Scheme Characterization(lynalden.com)
3 points by jerrymiller 6y ago|0 comments
6.
by jerrymiller 6y ago
Satoshi has not envisioned ASICs, no. But it doesn't matter what Satoshi thinks/thought of. Bitcoin is not controlled by anyone; anyone can introduce a better way to mine/use it.
7.
by jerrymiller 6y ago
Are you saying this has helped people in Venezuela?
8.
by jerrymiller 6y ago
It helped and is helping people escape oppressive regime in Venezuela. Your snarky question comes from the place privilege as you've never experience this kind of oppression. More info: https://www.coindesk.com/bitcoin-
9.
by jerrymiller 6y ago
And yet people mine it. And it follows the "I can get out before you" game the OP describes.
10.
by jerrymiller 6y ago
Here you go: https://www.danheld.com/blog/2019/1/5/pow-is-efficent
11.
by jerrymiller 6y ago
How did this help Venezuela keep the value of their currency? Bolivars are also claims on taxes.
12.
by jerrymiller 6y ago
To describe Bitcoin as a ponzi, you must apply a very loose definition, which will necessarily be applicable to other assets as well. More on this: https://www.swanbitcoin.com/why-bitcoin-is-not-a-ponzi-schem...
13.
by jerrymiller 6y ago
Now, what about gold?
14.
by jerrymiller 6y ago
BTC is liquid enough today for companies to move $1B without moving market (see MicroStrategy). Granted, money (USD specifically) is even more liquid, but that's why it's money -- by definition, money is the most liquid good. BTC&
15.
by jerrymiller 6y ago
Case in point still. The contradictions you make are astounding. What's more astounding is that you are not even noticing them. > Huge investment firms diversifying into crypto > this is an indictment of the cryptocurrency commun
16.
Your domain model should ALWAYS be in a valid state(enterprisecraftsmanship.com)
1 points by jerrymiller 6y ago|0 comments
17.
by jerrymiller 6y ago
I recommend that you listen to this: https://www.coindesk.com/podcasts/the-breakdown-with-nlw/bre...
18.
by jerrymiller 6y ago
I (and anyone else) can buy food and water with BTC. This statement along completely negates your point. To understand why BTC is valuable and educate yourself on the topic of money, I recommend this book: https://www.amazon.com&
19.
by jerrymiller 6y ago
> 50% chance of Bitcoin crash like in 2018, 50% chance of further price appreciation but I think $100,000 is absurd for a commodity that has close to zero intrinsic value "$100 is absurd for a commodity that has close to zero intrin
20.
by jerrymiller 6y ago
> Is Bitcoin more inherently valuable than garlic coin? If so, why? Because of built-in scarcity. No other asset is as provably scarce as btc. > Also how is BTC the most reliable store of value? It’s had multiple crashes and is one of
21.
by jerrymiller 6y ago
Here's an article that explains the fundamentals of Bitcoin and they tie to its price: https://medium.com/@100trillionUSD/modeling-bitcoins-value-w... > Is the purpose just to become more valuable because of it
22.
by jerrymiller 6y ago
Is it a trend that the quality of comments about BTC on HN has increased drastically? It's about 50/50 of the good/bad ratio now, whereas 1-2 years ago, I'd say it was easily 10/90. Tell me mister gxon, are you a go
23.
by jerrymiller 6y ago
> That's a bold statement Is it though? If you bought BTC at any given time during 2009-2015, you are in the green 5 years after. Pretty good evidence of unlikeliness to me. Also, the parent took 5 year period (and not 3) on purpose
24.
by jerrymiller 6y ago
You are helping the world to transition to a better money, which will have tremendous positive effect on the society: https://www.youtube.com/watch?v=8zYg4E4zbPo
25.
by jerrymiller 6y ago
May I ask how you trade options? I've bought a bunch of call options with $25k strike for 12/2021, and I think it will pay out handsomely ($38k is my break-even point, accounting for the opportunity cost of just straight-buying th
26.
by jerrymiller 6y ago
> extraordinary claim without much evidence "Much evidence", smh. How about the work that won the Nobel prize on this exact topic? https://en.wikipedia.org/wiki/Austrian_business_cycle_theory It shows exac
27.
by jerrymiller 6y ago
Exactly. How did that work out for Venezuela and their currency?
28.
by jerrymiller 6y ago
How did that work for Venezuela and their currency? USD is heading the same way, just slower.
29.
by jerrymiller 6y ago
>Their issue right now is they're tracking towards 0.44%, not 2% as they intend. This is demonstrably false, the real inflation is much higher than 2%: https://chapwoodindex.com/
30.
This is the best book I've ever read about unit testing(amazon.com)
2 points by jerrymiller 7y ago|0 comments

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