rawtxapp

35 ms·

361.
by rawtxapp 5y ago
Coinbase [1], Gemini [2], Kraken [3]. The ones that don't abide by the rules get shut down very quickly [4][5]. 1: https://www.coinbase.com/legal/faq 2: https://support.gemini.com/hc/en-us&#x2
362.
by rawtxapp 5y ago
SEC themselves ruled they don't consider BTC and ETH a security and they are currently going after XRP because they consider that to be a security. MtGox has been dead in over 7 years, I'm not sure how that's relevant today w
363.
by rawtxapp 5y ago
I use serverless-next.js [1], it's super convenient, deploys to AWS lambda@edge, cost scales with your traffic. 1: https://github.com/serverless-nextjs/serverless-next.js
364.
by rawtxapp 5y ago
Interesting, I'm curious, with which product? Does that also include a db cost with it? Are you getting good latency?
365.
by rawtxapp 5y ago
That also gives you a false sense of security and putting too much trust on Apple, some people have discovered it the hard way [1]. 1: https://www.washingtonpost.com/technology/2021/03/30/trezor-...
366.
by rawtxapp 5y ago
It really depends on your queries, usually only high commercial intent queries will have these top 4-5 ads.
367.
by rawtxapp 5y ago
You also need to take into account user annoyance, would you rather show a 10$ ad today, but lose the user and never show another ad or show a 2$ ad every month until eoy. There's a lot more than just revenue that factors into these al
368.
by rawtxapp 5y ago
I have a similar approach to Amazon's stock, as long as my package isn't delivered within an hour, there's still lots of growth left (ignoring aws and all).
369.
by rawtxapp 5y ago
Those competitors will also need to cover their costs somehow, they'll either resort to ads or subscriptions. YT premium is just 12$/month, it's the best 12$ I spend every month, YT music is a bonus.
370.
by rawtxapp 5y ago
Because they never had the alternative to fiat. Some professional players [1], tech workers [2], city workers [3], etc, are starting to get portions of their salaries in BTC. You can always take fiat from work and save it in BTC as well. I
371.
by rawtxapp 5y ago
I don't think wealthy inequality will ever be "solved" and I don't think it's necessarily a bad thing unless it's extreme inequality. We need some kind of incentives for people to go ahead and build stuff. Imag
372.
by rawtxapp 5y ago
It's not the first time and won't be the last either: https://www.youtube.com/watch?v=XbZ8zDpX2Mg
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by rawtxapp 5y ago
Through that opaque structure, they hid just how much exposure they had. They didn't only lose their money, credit suisse also took a huge hit [1], so did many other market participants that bought the over-inflated stocks in question.
374.
by rawtxapp 5y ago
They passed a new bill giving that power to SEC and CFTC. They have already sued crypto related people/companies in the past. 1: https://www.coindesk.com/cftc-sec-us-house-representatives 2: https://www.sec.
375.
by rawtxapp 5y ago
Inflation is an implicit tax on the working class and savers. How is that not a bad thing? If you're rich, you can keep borrowing money at rock bottom rates to invest and get richer, if you're just an average person, everything
376.
by rawtxapp 5y ago
But then you need to research and understand the companies you're investing in. If you're busy with your daytime job, you might not have as much time for this research. The parent comment is talking about interest, which is "
377.
by rawtxapp 5y ago
> This is just a couple of examples off the top of my head. It's all fraudulent. I'm not sure how you go from a few examples to -> "it's all fraudulent". Does crypto attract gamblers, crooks and manipulators?
378.
by rawtxapp 5y ago
Similar to dot-com bubble where people were investing their life savings into companies that just had a domain name with no business plan whatsoever. Lots of them blew up, but the ones that made it through ended up becoming trillion dollar
379.
by rawtxapp 5y ago
Like someone pointed, majority of them are new employees. Most of my friends left around the 4 year mark when they hit the compensation cliff.
380.
by rawtxapp 5y ago
Internet was pretty complicated in the 90s as well, example: "What is the internet, anyway?"[1]. Things are becoming more and more intuitive by the day and I expect that to continue. 1: https://www.youtube.com/watc
381.
by rawtxapp 5y ago
Most trusted exchanges have some kind of insurance in place [1][2][3]. 1: https://support.gemini.com/hc/en-us/articles/205823016-Are-m... 2: https://help.coinbase.com/en/coinbase/oth
382.
by rawtxapp 5y ago
Hardware wallets make it pretty straightforward.
383.
by rawtxapp 5y ago
For sure, you can keep channels open indefinitely. It won't be like dollars separated from gold though, it's still the same exact Bitcoin and the fund gets allocated at the opening of the channel.
384.
by rawtxapp 5y ago
In 10 years from now, everyone would have easy to use/intuitive lightning network wallets and all exchanges would have integrated it. Again, no need to keep track of every coffee transaction permanently forever on the blockchain, it&
385.
by rawtxapp 5y ago
It's the short term option, yes. Well, they have to hold on to the coins, because once they lose it, they can't turn to Fed for a bailout. Lots of custodians have insurance in place [1]. In the long term, lightning is here and wor
386.
by rawtxapp 5y ago
A transaction is essentially just a signed cryptographic message broadcast to the network, just imagine that instead of broadcasting it, you keep iterating on it, you pass funds around, keep signing these messages, etc. There are measures t
387.
by rawtxapp 5y ago
Not really, it just means big centralized companies are settling their end-users funds on the blockchain while providing them access to it practically free. Regular people right now use it through Paypal, Cash app, Venmo, Coinbase, etc. And
388.
by rawtxapp 5y ago
That's because you're looking at it in terms of USD, when you look at it in terms of satoshis per byte, it's actually much lower [1][3]. And if you want to avoid the fees because you expect to transact a lot, just use lightni
389.
by rawtxapp 5y ago
Credit cards expire or are cancelled all the time.
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by rawtxapp 5y ago
For these kinds of subscriptions, I just use privacy's virtual credit cards, makes it very easy to stop recurring payments if the company makes it a pita to cancel.

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