r32a_

8 ms·

31.
by r32a_ 8y ago
This does not compete with Bitcoin though, Bitcoin is decentralized and this is centralized. This competes with likes of Ripple and Swift
32.
by r32a_ 8y ago
Google's entire business model is leveraging of fractions of a cent on a mass scale
33.
by r32a_ 8y ago
your info is pretty old
34.
by r32a_ 8y ago
The general consensus in the crypto community is that everyone is ok with these types of companies and people leaving crypto. People came into crypto to get rich quick and now that the hype is gone, those people are going to chase another w
35.
by r32a_ 8y ago
Football hasn't been about the game for a long time but a branch of International politics and finance.
36.
by r32a_ 8y ago
TIFO football is fantastic, they really go underneath the game and show that Football is not just a game but a branch of international Politics and finance.
37.
by r32a_ 8y ago
No one is under the illusion that Bitcoin is not a human written piece of software. However, the network has a an incredible uptime of 99.9832335764 % since jan 2009 ( http://bitcoinuptime.com/ ) Yes, of course. Like all soft
38.
by r32a_ 8y ago
I'm sorry your arguments do not make sense, I recommend you read about the multi-faceted nature of Bitcoin. You have a poorly researched and simplistic view of the topic, which is very common on HN. You are confusing Bitcoin with a pay
39.
by r32a_ 8y ago
This is a feature not a bug of bitcoin. As the saying goes in the community, "Not your keys, not your coins", you're not supposed to store coins on an exchange. But nearly everyone does. Everyone is encouraged to hold their
40.
by r32a_ 8y ago
Australia always tries these types of laws, they tried a Great Wall of China-like firewall a few years ago it didn't go anywhere. I suspect this will be the same.
41.
by r32a_ 8y ago
Bitcoin inflation rate will reduce to be less than gold. Unlike Gold or U.S Dollar, this number can be predicted to perfect accuracy. https://bitcoinvisuals.com/misc-future-supply Bitcoin hyperinflation during the early per
42.
by r32a_ 8y ago
The points he presented are so ridiculous that I don't see any point in convincing him, his mind is already made up.
43.
by r32a_ 8y ago
Every point you have written is incorrect. I suggest you spend 5 minutes researching all of your points and you can see that. But to summarise, all those coins in those addresses are held in known wallets of exchanges and wallets, bitcoin i
44.
by r32a_ 8y ago
Disagree. the job of a founder + CEO is not to just control capital. If Elon Musk built a 3 star Michelin restaurant himself from scratch then yes I would classify that he has mastery of the fine dining industry. You could be an amazing che
45.
by r32a_ 8y ago
I highly recommend people to read "The Bitcoin Standard". Outside of all the noise and fud surrounding Bitcoin, within it lies a new economic system which has lots of similarities with the gold standard and Austrian economics.
46.
by r32a_ 8y ago
Well Musk went from making websites to building a space company and electric car company and now a tunnel making company. So maybe you're underestimating abilities of some people to master multiple fields
47.
by r32a_ 8y ago
Not really, I rather be paid less but work remote and have more freedom with my time and where I work.
48.
by r32a_ 8y ago
Not even that, mice are very social creatures, they make friends with other animals. They have so many other micro traits
49.
by r32a_ 8y ago
In Melbourne, Australia, Trams are free for everyone within the CBD district
50.
by r32a_ 8y ago
Netflix might be regretting not buying out Twitch. I can see Netflix releasing "Netflix Original Games" or will they move more into game streaming first by paying famous gamers to stream exclusively on their platform, on that fron
51.
by r32a_ 8y ago
This is to be used for areas that don't have access to reliable internet
52.
by r32a_ 8y ago
Well if Blockstream satellite proves to be a profitable endeavor then you can expect competitors to come. You can also expect different channels of propagation to emerge if demand builds up.
53.
by r32a_ 8y ago
1) Anyone is free to launch a satellite service to compete with Blockstream. This is called permissionless innovation. If you don't trust their data you don't have to use it. 2) Blockstream is not the only developer working on LN,
54.
by r32a_ 8y ago
Lot's of activity in these censorship-free alternatives to popular applications. Interesting to see if this is just a fad or are these going to make any impact incumbents.
55.
by r32a_ 8y ago
Blockchain doesn't have to use PoW, which uses a lot of energy
56.
by r32a_ 8y ago
Have a read of the Bitcoin Standard. It's a must read for anyone that really wants to understand Bitcoin's economic model
57.
by r32a_ 8y ago
Also once a majority of stakeholder hit 51% there is no way to take away the 51% With PoW, an entity could theoretically out mine the 51% attacker by just throwing more hashing power at bitcoin
58.
by r32a_ 8y ago
I agree! But that's what Ethereum was pitched as.
59.
by r32a_ 8y ago
I'm not comparing them, Ethereum marketing team pitched Ethereum as a world computer not me.
60.
by r32a_ 8y ago
Ethereum claims to be the "World Computer" that lets you build "Unstoppable Applications". If that doesn't sound like an AWS competitor then I don't know.

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