rawtxapp

47 ms·

481.
Fed sees stronger economy and higher inflation, but no rate hikes(cnbc.com)
2 points by rawtxapp 6y ago|0 comments
482.
by rawtxapp 6y ago
Are you interested in working with data and solving optimization problems? Are you ok with fairly repetitive processes (data cleaning, very similar models with minor tweaks here and there, etc)? The application of ML is nowhere near as glam
483.
Morgan Stanley to offer its wealthy clients access to Bitcoin funds(cnbc.com)
3 points by rawtxapp 6y ago|0 comments
484.
by rawtxapp 6y ago
This was the part that caught my attention as well, it would be super interesting to see it play in real-time. For one, how would they even put capital movements controls on crypto? For example, I just have to remember my 12 word seed and I
485.
by rawtxapp 6y ago
Nice to see different use cases, what's the advantage of paying with your token vs using a stablecoin for payment?
486.
by rawtxapp 6y ago
Better yet, imagine explaining to them how a couple politicians used to control money supply based on their whims and how the gov kept bailing out endless speculation losses on wall st.
487.
by rawtxapp 6y ago
Except you need to provision for peak demand.
488.
by rawtxapp 6y ago
One key difference is drugs are physical products, you can be "caught" with it, whereas cryptocurrency is completely virtual. Unless you're caught at exchange time, you could be walking around with millions of dollars worth o
489.
by rawtxapp 6y ago
> So much of it is due to institutional investment it would probably halve overnight. Which is why I really doubt the gov would ban it. Especially now that many gov members understand it somewhat (Gary Gensler, head of SEC, used to teach
490.
by rawtxapp 6y ago
> Making it illegal or taxed heavily would push it underground and tank adoptions. I agree with you! It wouldn't stop it though, just like prohibition didn't stop alcohol consumption. If anything, it would make the system mor
491.
by rawtxapp 6y ago
What do you mean by pool IPs? edit: after your clarification, you can easily use tor, IP addresses can be easily changed, miner's don't have to use the same IP address, they can solve the block wherever they want and broadcast i
492.
by rawtxapp 6y ago
It's simple, you can't ban it. You can ban the on-ramps and off-ramps, you can't ban p2p transactions.
493.
by rawtxapp 6y ago
Yep, that's why I said "4.5k worth of Bitcoin", I meant 4500BTC.
494.
by rawtxapp 6y ago
I believe he might be referring to flash loans, essentially the borrowed money is returned to you within the same transaction that borrowed it + interest.
495.
by rawtxapp 6y ago
You're looking for www.daistats.com, 3B$+ worth of collateral locked and debt issued. And because the blockchain is public, you can actually inspect every vault, every action they took, how much debt they have, etc. This is one such ex
496.
by rawtxapp 6y ago
It's a way of accessing liquidity while holding on to your asset's appreciation and avoiding capital gains tax on it. If you're very long on your crypto holdings, but you still need money, that's ideal way of accessing i
497.
by rawtxapp 6y ago
You can find used Herman Miller Aeron chairs for around 300-500$ price range, one of the best chairs imo. The arm rest is relatively easy to remove.
498.
by rawtxapp 6y ago
> Until then enjoy your fairy money. Thanks to the fairy money, I won't ever have to work for someone else, seems pretty real to me.
499.
by rawtxapp 6y ago
There's a 24/7 market with billions of dollar in trade volumes and you have the ability to short it pretty easily. If you don't think that it's current value is the correct value, I'm not sure what else you can do t
500.
by rawtxapp 6y ago
There are fees for every exchange, not sure where you saw the no fees part.
501.
by rawtxapp 6y ago
> It's just a vehicle for speculation and a drain on computing resources, along with a tool for illicit trade. Speculating against an endless money printer? They literally just printed 2x Bitcoin's market cap in the last stimul
502.
by rawtxapp 6y ago
I'm saying it as someone who actually dived pretty deep into both Bitcoin and Ethereum protocols and who has actually seen the research and the code...
503.
by rawtxapp 6y ago
I don't think there's world with these counterfactuals in place, do you have any proof?
504.
by rawtxapp 6y ago
If you look at it from the perspective that ad-clicking has funded the biggest information retrieval system and the biggest human connection platform, yes it was overall socially beneficial.
505.
by rawtxapp 6y ago
I think this is the kind of comment that pushes those "no-coiners" even further, please try to give them a good reason why they should change their mind rather than empty statements like these.
506.
by rawtxapp 6y ago
No, they built some of the most well thought scaling solutions in forms of layer 2 (payment channels, lightning network, zk-rollups) and many other solutions like sharding, etc. You 're the one who refuses to see those solutions.
507.
by rawtxapp 6y ago
> why is 99% of the conversation related to Bitcoin about the current price. Because of the circles you're in and the loud minority that's constantly talking about the price. There's a whole community of people just build
508.
by rawtxapp 6y ago
> The community around Bitcoin is one of the most toxic. If you go on places like Twitter and reddit somewhat, I agree with you. But if you look on Github, you'll see some of the smartest engineers of our generation working real har
509.
by rawtxapp 6y ago
> That's a funny way of saying BTC doesn't innovate. Or another way of saying you can expect some stability (and majority consensus) when there's more than a trillion dollars worth of value at stake. It's been discuss
510.
by rawtxapp 6y ago
Except in this case, this is going against presumably 51% of the miners and changes take much longer to implement and activate on Bitcoin (taproot activation for example will be done over a very long period and needs a very high threshold

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