rawtxapp

32 ms·

301.
by rawtxapp 5y ago
To me, it's like gold=Bitcoin, I can fully trust it and know that it will be here in 100 years from now, functioning just the same and that my wallet from today will be perfectly functional, and oil=Ethereum, it's an awesome platf
302.
by rawtxapp 5y ago
I mean you can pull up the numbers for yourself if you don't believe me, people have also done the math themselves [1][2]. 1: https://preview.redd.it/c21qium7jyr61.png?width=1113&format=... 2: https://ww
303.
by rawtxapp 5y ago
That doesn't make sense, they are still holding a very large amount of it, why would they put this out and decrease the value of their own holdings?
304.
by rawtxapp 5y ago
This is pretty interesting, either they did a proper research before putting 1.5B$ into it, in which case they would already be aware of the energy consumption, in which case, why announce this now? Or they put that much money without pro
305.
by rawtxapp 5y ago
"Tesla will not be selling any Bitcoin..." from the tweet.
306.
by rawtxapp 5y ago
Devs are not profiting from 2nd layers, people who commit capital to these payment channels do! And even then it's tiny amounts.
307.
by rawtxapp 5y ago
There are some very important changes happening in bitcoin (taproot, eltoo, lightning). Devs aren't opposed to protocol changes, they are opposed to ill-thought changes that make it less decentralized and weaker.
308.
by rawtxapp 5y ago
Not sure what you mean by crypto indexer, you mean people who buy a basket of crypto? Sure, in the short term, they might outperform BTC, over long term 70% will die, 90+% won't recover to their ATHs. If you indexed back in 2017 into t
309.
by rawtxapp 5y ago
Bitcoin dominance always goes down in altcoin season and then comes right back up.
310.
by rawtxapp 5y ago
Only to Vitalik, presumably as a marketing tool.
311.
by rawtxapp 5y ago
I think he actually converted it to eth before donating. I believe he lives in Singapore which doesn't have tax on crypto (unless you're a business, etc). If he was in the US, it's pretty straightforward, I believe he would h
312.
by rawtxapp 5y ago
A lot of that money also flows to crypto, real estate, etc.
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by rawtxapp 5y ago
I mean internet has changed very significantly in the last 30 years, or even in the last 5 years. Personally, I will say it's mature enough when Bitcoin is the world reserve currency (crazy, I know!) and defi fulfills majority if not
314.
by rawtxapp 5y ago
Isn't that the case for pretty much all exchanges? How is that different than in the stock market?
315.
by rawtxapp 5y ago
No need to be jealous, since it's still the very early days for crypto in the grand scheme of things. It's far from having hit any of the real success metrics (much broader usage, significant % of wealth stored, transferred, etc).
316.
by rawtxapp 5y ago
Good for him! Now, he can do whatever he wants with his time rather than work for the man, life is short after all.
317.
by rawtxapp 5y ago
> A Russian-speaking ransomware syndicate > The Babuk group said on its website late Monday I don't think they care about it being untraceable, they can dump it on a non-US exchange, they probably care about it being un-censorabl
318.
by rawtxapp 5y ago
I'm a little more optimistic in that I think decentralized networks will disrupt all these centralized monopolies (ex: imagine a social network where you own your data and can access it through various frontends, rather than one compan
319.
by rawtxapp 5y ago
I'd say crypto is made to remove government control on money, not to evade law and order. That's certainly doable, but you can also evade law and order with normal fiat currency (ex: HSBC laundering billions of dollars for cartels
320.
by rawtxapp 5y ago
Yep, if the companies leak our sensitive data, they don't care, business as usual. Ransomware will force companies to finally take this seriously and I, for one, am thankful even if in the short term it's painful.
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Palantir now accepts Bitcoin payments and may add it to it's balance sheet(cnbc.com)
2 points by rawtxapp 5y ago|0 comments
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by rawtxapp 5y ago
To play the devil's advocate, in an ideal world, you go out of business and another business that actually followed security best practices takes over. Over time, companies start taking security more seriously. When it affects the user
323.
by rawtxapp 5y ago
The new Taycan base model is about 80k$ which is roughly 10k more than an S model.
324.
by rawtxapp 5y ago
Personal opinion, but my only gripe with Tesla is their low build quality (or at least, last time I checked one out), if I'm going to shell out that much money, I'd rather add a little extra and go with Porsche. But, I'm pret
325.
by rawtxapp 5y ago
100% agree, you can look at the demographics of Tesla owners, in one study they have the highest average credit score for approved auto loan [1] and they have over 100k+$ yearly incomes[2]. Presumably, if you're in that category, you&#
326.
by rawtxapp 5y ago
I've worked at one of the FAANG for 6+ years, have coworkers/friends at each one of them and people openly talk/compare their compensations. edit: I'm not surprised about the median, big tech has roughly around ~200-300k
327.
by rawtxapp 5y ago
I've had plenty of coworkers who've been at Google or Apple for longer than 15 years, but what I've seen is people will usually jump after 4 years for even more comp or go the startup route. So those FAANG salaries are like t
328.
by rawtxapp 5y ago
That's great, but most FAANG eng make more than that by their 2nd or 3rd year. With 15 years of experience, they could be making at least 500k+. edit: for the skeptical, this is what an L4 makes at Google[1], L4 is easily attainable wi
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by rawtxapp 5y ago
Vote with your feet?
330.
by rawtxapp 5y ago
Pretty much all the markets are going crazy right now, people are getting 100+k all-cash offers on top of their asking prices on their houses for sale, sp500 p/e ratio average is at like 44, pokemon cards are increasing in value, etc.

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