puranjay

37 ms·

361.
by puranjay 6y ago
> literally backed by nothing Backed by $750B in annual military spending
362.
by puranjay 6y ago
In mature, competitive markets - like the ones OP was targeting (enterprise communication) - MVPs don't make sense. MVPs are good if you're solving a niche problem in a niche industry. But if your competitors are Slack and Zoom, y
363.
by puranjay 6y ago
To be fair, American wages, outside of the bottom percentile jobs, are much higher than their counterparts in the developed world.
364.
by puranjay 6y ago
"Content" has a pretty broad definition. In a social network, "content" is people (and what they post). In a search engine, it's documents (and what's in them). In an app store, it's apps. If there was not
365.
by puranjay 6y ago
Good content can't propagate as fast without technology, but it can spread far and wide. The "tech" used in spreading the Iliad and the Ramayana was the spoken word. And yet they spread across countries and cultures.
366.
by puranjay 6y ago
It's a little strange relationship. Tech without content can't survive. Whereas good content can spread far and wide without tech.
367.
by puranjay 6y ago
On decentralized exchanges, a single ERC-20 coin transaction can sometimes be as expensive as $50+ in gas fees and take 15-30 minutes to confirm. Sending a test transaction of $1 is not always feasible.
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by puranjay 6y ago
Coinbase, and to some degree, Binance, have such a stranglehold on the market that any coin listing on these exchanges immediately causes them to rise anywhere from 100-500%. New projects will even tease "Binance listing coming!"
369.
by puranjay 6y ago
I just want to point out to readers here that the gentleman quoted in this article is 87 years old. While I have no reason to think that this gentleman is being dishonest or exaggerating, I have been around family members the same age - 87
370.
by puranjay 6y ago
That's the key - you can't just "experiment" with paid acquisition. You have to spend a little to gather enough data on what actually works for your audience. It might take $1000 in failed ads before you "get"
371.
by puranjay 6y ago
Congratulations! I admire your tenacity and commitment. However, > We have not spent much on paid user acquisition Why not spend on paid acquisition? A bit of marketing and sales focus would have gotten you to $8k in 2 years, not 10. I s
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by puranjay 6y ago
I've diligently tracked my actual time worked every day. That's time spent on productive tasks directly tied to my projects, not time spent in meetings, commute, and other wasted desk time. I usually manage 5-6 hours of producti
373.
by puranjay 6y ago
The crypto market is wild and it's honestly fun as hell if you're okay with losing all your money overnight. Bitcoin is arguably the most stable of all crypto right now (outside of stablecoins of course). There are smallcap and
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by puranjay 6y ago
You'll find earnestness in fields where the "system" is known, transparent, learnable, and verifiable. Musicians and mathematicians can't bullshit because other practitioners will catch on easily. In real estates and sta
375.
by puranjay 6y ago
> Water rights exist, and who gets to exercise them in times of shortage can be very contentious, and even a cause for war. Which is precisely why trading water futures is an immoral idea and can't be compared to trading any other c
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by puranjay 6y ago
Humans need vast quantities of fresh water. A human does not. There is "plenty" of water for an individual in nature.
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by puranjay 6y ago
> The same reason grain and cheese have derivative markets Grain and cheese are the product of human activity. Fresh, clean water exists in plenty in nature.
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by puranjay 6y ago
"Bankers don't have morals" Which is exactly why they need to be regulated more. Amoral bankers keep plunging the world into crisis after crisis.
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by puranjay 6y ago
They're not terribly expensive for high-end wireless headphones with active noise cancellation. Sennheiser's better wired models start at this range (HD660 S my current favorite, is about the same price).
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by puranjay 6y ago
All this makes me think is that the 2020 crypto bullrun is starting. Prepare for more "celebrity" tokens, BTC swelling past ATH followed by a massive crash that takes out a majority of the current 550 tokens on CoinMarketCap, and
381.
by puranjay 6y ago
January seems like the worst month across countries and years. Given that we didn't have Covid this January, Jan 2021 would be horrifying
382.
by puranjay 6y ago
Same. I have a workout shirt from when I was 15 (I'm in my 30s now) that has seen literally hundreds, even a thousand+ workouts. However the cotton fabric used in most off the shelf clothing is also not what it used to be. My dad, who
383.
by puranjay 6y ago
Relevant: https://en.wikipedia.org/wiki/Nudity_in_combat
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by puranjay 6y ago
I find the depiction of the "barbarians" in the Barbarians show on Netflix to be far more accurate. They are barbarians only because they are deemed to be so by the Romans. Otherwise they aren't roaming around topless in leat
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by puranjay 6y ago
How else do you figure out whether the devs can actually do what the whitepaper promises? Just go by their word?
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by puranjay 6y ago
> Why do you think people need credentials to create a startup if they have a good idea? They don't. But good credentials are a signal in a crowded field where most projects are just whitepapers. They might not matter in the startup
387.
by puranjay 6y ago
I agree. But it is a signal, especially in a field filled with as much noise as crypto. When all you have to go by is a whitepaper and a website, past performance of the founders becomes important.
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by puranjay 6y ago
I should have been more clear: new crypto projects rarely have pedigreed founders anymore.
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by puranjay 6y ago
I would assume you'd go by the market cap and trading volume of different coins. So BTC and ETH would dominate, but you'd also have to make room for LINK, XRP, DOT, etc.
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by puranjay 6y ago
I've been dabbling in crypto since the lockdown (all red, but I've had fun) and this space is like the wild west early days of the internet, with even more scammers. We're past the heady ICO days but now, all the scams have m

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