nrhk

10 ms·

61.
by nrhk 9y ago
Depends on the state of the bitcoin network but the fee is the same. If you have 100k of bitcoin right now and needed to transfer it to someone, you can do it in one go with one flat fee that is the same regardless of your transaction amoun
62.
by nrhk 9y ago
That's just the centralization or decentralization question. We can do it all centralized already but we would also all need to trust whoever is hosting this data and trust every single person who has the ability to enter the data. Les
63.
by nrhk 9y ago
You mean something like a web of value vs the web of information we have currently? Where we can meld physical properties with digital and interact in both worlds seamlessly through AR. In order to do that we would some sort of immutable da
64.
by nrhk 9y ago
Not a single one of them has the ability to scale. At least nothing close to production ready. You have the PoS folks, IOTA's got an interesting strategy and some other paradigms but for now its still conjecture. Decentralized distribu
65.
by nrhk 9y ago
Say you wanted to transfer $100,000. That transfer fee stays the same.
66.
by nrhk 9y ago
Faster and cheaper with segwit not sure what its like currently. I transferred 5k to someone in 40 seconds for like a 20 cent fee with Eth a few months ago, it could be 100k and the fee would stay the same too. You also get the money immedi
67.
by nrhk 9y ago
Then we have cheap bitcoin and people hop right back on. It's not going to go to 0 ever, unless its replaced by another de facto crypto as the face of the entire industry. It's a deflationary, uncontrolled currency in a world that
68.
by nrhk 9y ago
There are 0 humans who can fully comprehend taking he entirety of society into account. Way to many people and subgroups and conflicting opinions. If you seek to lower your positioning temporarily for long term gain that falls under increas
69.
by nrhk 9y ago
Yea I mean it sucks to be a commodity worker vs an executive with experience, connections and ability to join any other company with way less risk and pressure. You pay them the bank because if they screw up if proliferates all the way down
70.
by nrhk 9y ago
Every interaction is a value proposition. Think about being at a party that you hosted and 15 people are talking to you. You intrinsically will only hear those with the highest value proposition, a cute girl, an investor you invited, your f
71.
by nrhk 9y ago
It can be created backed up by assets instead of reputation though.
72.
by nrhk 9y ago
He's made more than he would've gotten. Insiders sold way ahead of the game, though not all their shares.
73.
by nrhk 9y ago
Probably a trash collection day. Those days during the summer are gonna stink, no real way around it. The city is remarkably clean and safe for what it is.
74.
by nrhk 9y ago
I think people want their investments and life savings back, that would be nice. At the end of the day, your money isn't insured just because the SEC is regulating a market. And the overall point is that regulation at the end of the da
75.
by nrhk 9y ago
Is it though, your talking about a federation of democratic and culturally different nations to two locked down regimes with homogeneous societies. I don't think Europe could do what China and Russia did even if they tried.
76.
by nrhk 9y ago
Having more code technicans is great. I'd love to have more people to help maintain shit, write documentation, do small bug fixes etc... There will be a differentiation between Engineers and Coders soon. Hooking up to a few different A
77.
by nrhk 9y ago
Yea let me transfer money to another account through ACH.... 3 day.... Let me transfer it with Eth or BTC... 1 hour or 40 seconds later...
78.
by nrhk 9y ago
Well they haven't been wrong yet, just doubled in the last month. Regardless these are all small bubbles that will only have localized effects when they collapse. Much more important bubbles to worry about like the derivatives market.
79.
by nrhk 9y ago
Or you know punish the managers for once instead of the footsoldiers... When Wells Fargo had their credit scandal the salesmen shouldn't have been punished, their managers should've. These things start at the top. When deadlines a
80.
by nrhk 9y ago
It just takes so long before someone realizes software might not be from them. You can be a great programmer yet a completely terrible developer. But you need the base programming skills and theory first. Then when you get into the real wor
81.
by nrhk 9y ago
Alternatively, room with 7 other people, stomach the train, walking, biking, only cook or eat soylent and never go out or spend any money on luxuries of any kind. Then yea you can make it work...just no fun.
82.
by nrhk 9y ago
Meh, if you're passionate about technology as a kid and end up building lots of useful things I don't see why you can't get internships which will inevitably lead you to higher paying jobs. My company offered an internship to
83.
by nrhk 9y ago
What about the cryptomarket as a whole, 1-2$ total down from 100-200 billion?
84.
by nrhk 9y ago
Not that I don't believe you but I would love a blog post or something details the shortcomings or benefits of these crypto at the source code level. It was fun to see the parity wallet hack happen due to a single commit.
85.
by nrhk 9y ago
I wouldn't jump too far ahead when writing software for money, it's always better to use something you know will work and have enough familiarity with to adjust around its deficiencies. But I think Angular 2, React and Vue are all
86.
by nrhk 9y ago
It doesn't have to be, it can also become a heavily centralized, carefully monitored system thanks to the intrinsic immutability of the underlying technology. It's a dystopian government's dream.
87.
by nrhk 9y ago
With decentralized systems, the goal is to be in a state where participating outweighs the benefits of usurping. Where it makes more sense to play the game correctly. The system creates trust. Whether we can achieve this goal through crypto
88.
by nrhk 9y ago
Transactions are like 10 cents right now with SegWit I think
89.
by nrhk 9y ago
You can run multiple apps as a driver and obviously have multiple as a consumer. They would need to subsidize rides and pay drivers more but if they do it region by region it could definitely work without being exorbitant.
90.
by nrhk 9y ago
Well if your trying to support a source and don't read any of their content are they really benefiting engagement to the platform like Medium wants? Maybe they can add a Patreon system as well.

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