patrickk

42 ms·

421.
by patrickk 9y ago
A measure of a good politician is the ability to pass legislation, which is why Regan is regarded as an effective president regardless of what political view you had. A balanced view of Trump's pre-election promises and his ability to
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by patrickk 9y ago
The earliest smart contracts will likely involve things that are relatively easy to verify, e.g. a bet that the price of ETH will be above X at Y date and time. Ensuring that accurate, real-world data gets entered into the blockchain to ena
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by patrickk 9y ago
One of the best things about Ethereum is how Vitalik focuses mostly on important technical solutions to difficult problems, notably scaling the network to millions/billions of tx/s - crucial to Ethereum's future success. He r
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by patrickk 9y ago
The best case scenario is that any regular person with an internet connection and a small initial amount of capital can experience venture capital style returns. Since the most recent trend is for growing startups to delay longer and longer
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by patrickk 9y ago
The process is still very broken. I've applied for multiple jobs where I've been forced to use a site called successfactors.eu, and the interface leads you to think it's integrated with Linkedin ("apply with Linkedin&quo
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by patrickk 9y ago
I worked as a barman. A skilled barman can pour two pints simultaneously and take a new order from the next customer, but I believe with machine assistance this could be greatly increased. I could easily imagine replacing a staff of say 5,
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by patrickk 9y ago
Depends on what type of a property market you're buying into. If you buy at or near the peak, and a year or two later you have a massive mortgage and a property that's worth a fraction of that (knee deep in negative equity), then
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by patrickk 9y ago
It's more like a salesman making a commission for recommending or selling someone else's product.
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by patrickk 9y ago
> Possibly because the investment is much bigger than software - they mention building a whole new factory for an untested product - that made me shiver. But if businesses are not willing to take on risks in the world of atoms/hardw
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by patrickk 9y ago
Germans also are very conscious of online privacy, which is very important in this post-Snowden world we live in.
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by patrickk 9y ago
He also mentions that it took several years to really take off. If it was a product launched today, it would probably be killed if it took 3+ years to take off. Look at Hollywood movies judged by their opening weekend or the career of Alex
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by patrickk 9y ago
There was an amazing, upscale home built from multiple shipping containers featured on Grand Designs. Here's an article about the house itself, sadly the episode doesn't seem to be on youtube: http://www.archdaily.com&#
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by patrickk 9y ago
Or a paper wallet, which is free, although it involves jumping through some extra hoops. Here's the steps the steps commonly advised for Ethereum (also works for storing ERC-20 tokens): Look up "My Ether Wallet" (be extremely
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by patrickk 9y ago
A good way to organise the good stuff into topics for yourself is via "multireddits", and add high quality subreddits as you discover them. I have multireddits for tech, cryptocurrencies, DIY, entrepreneurship and so on. You can s
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by patrickk 9y ago
Increasingly cheap wind, solar and battery hardware. Smartphones (also enables vastly cheaper batteries and drone components).
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by patrickk 9y ago
Renewables to destroy the fossil fuels industry on price. A win for the environment, and some of the oil states will descend into utter irrelevance. Cheap, clean energy will be utterly transformative to the planet and will dramatically rais
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by patrickk 9y ago
I wonder if they've experimented with image analysis software to categorise the carcass at the slaughterhouse. It's done in Ireland to good effect[1] to grade the carcass to ensure compliance with the European beef grading system
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by patrickk 9y ago
Chains like Lidl are competing in the ultra-competitive German discount supermarket sector (Germans loooove discount chains, there are so many in Germany, and the price of groceries is therefore cheap on average), so it makes sense they&#x2
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by patrickk 9y ago
Poloniex let's you do something very close: short BTC/USDT. USDT is a digital currency called Tether[1], one unit of which is approximately equal to $1. Why not allow deposits of USD instead of the USDT workaround, you may ask? My
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by patrickk 9y ago
There's a really interesting, recently released HBO documentary called "The Defiant Ones"[1] which is about the story of Interscope Records, Jimmy Iovine and Dr. Dre. Trent Reznor is interviewed in it, because he has worked w
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by patrickk 9y ago
Exactly. It takes the first mover to discover there's some value in new space, like early social media or Bitcoin. Because there's no roadmap, they early efforts often fail, and the later arrivals take the core, good idea and lear
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by patrickk 9y ago
I feel exactly the same about the crypto space. Yes, there's tons of hype, nonsense and even scams, but the cream will eventually rise to the top, and the best ideas will survive. I've listened recently to some podcasts with Olaf
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by patrickk 9y ago
Or what about a wristband?
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by patrickk 9y ago
Yeah it's more about being willing to cannabalise their existing product lines in favour of EVs, and throw away decades of internal combustion engine (and the associated paraphernalia) know-how, in favour of something new. Pretty terri
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by patrickk 9y ago
If you are taking about the issuing of Bitcoins, yes, at some far distant point in the future, no more Bitcoin will be issused. Bitcoin and Ethereum have very different intended use cases, as this article demonstrates. You could argue that
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by patrickk 9y ago
You can use the Ethereum project code to speed up and reduce the cost of development, since a lot of man-hours has gone into R&D by the Ethereum foundation (you fork the codebase). Ethereum is open source, anyone can do this. EEA member
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by patrickk 9y ago
CPU power doesn't come into it. More ETH = higher returns. I haven't seen any specific details for Ethereum bonded validators, but the hardware required is likely to be a cheap VPS with a reliable internet connection, at least jud
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by patrickk 9y ago
High correlation between the BTC price and others. Lots of chaos in Bitcoin-land (August 1/SegWit drama) means most of the others are now falling, large investors just mass-dump their crypto holdings even though logically the prices sh
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by patrickk 9y ago
> dozens of btc clones Why is having new BTC competitors a bad thing?
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by patrickk 9y ago
Barry Silbert/Coindesk are quite pro-ETC and anti-ETH, just to name two examples. Here's an intro (google around for more): https://www.reddit.com/r/ethtrader/comments/6d62td/the_story... http

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