reqres

20 ms·

61.
by reqres 12y ago
Wouldn't that present a horrible UX in some cases when paying with bitcoin? You'd have to wait ~10 minutes to access your purchase while the transaction is confirmed Figure source: http://blockchain.info/charts&#x2
62.
Bitcoin's deflation problem(economist.com)
2 points by reqres 13y ago|0 comments
63.
by reqres 13y ago
I think you can get a rough sense of whether this is true by using Beta ( http://en.wikipedia.org/wiki/Beta_(finance) ) - Beta represents the riskiness of the stock relative to the market as a whole After a quick google
64.
SQLite vs MySQL vs PostgreSQL(digitalocean.com)
95 points by reqres 13y ago|79 comments
65.
by reqres 13y ago
> IMO you are underestimating that AWS expands all the time in _every_ direction. I think I can see where you're coming from but I strongly disagree that AWS will protect its market share by adding more products. Each new product do
66.
by reqres 13y ago
The logic you present is correct from the incumbent's perspective. But followed to its logical conclusion, it leads to the downfall of the incumbent according to Christensen's model of disruptive innovation. The incumbents will co
67.
by reqres 13y ago
I think in a nutshell you're describing Clayton Christensen process of disruptive innovation (or more specifically low end disruption). AWS is catering more and more to its most demanding users. This exposes them at the lower end to de
68.
by reqres 13y ago
Out of curiosity, which plan were you using? The basic $5 VPS?
69.
by reqres 13y ago
Surely there are better ways to fix the problem by means other than boycotting financial services. Also, if your sentiments were generalised across the population it wouldn't just be the banks suffering. We'd have a massive credit
70.
Livr: A Social Network for the Inebriated(livr-app.com)
7 points by reqres 13y ago|0 comments
71.
OSCAR: The Open Screen Adapter(kickstarter.com)
1 points by reqres 13y ago|0 comments
72.
by reqres 13y ago
I think the broader point is that financial bubbles will happen with or without supposed regulation. The question remains what can be done when it happens? Without a centralised monetary authority you lose an important tool to manage a cras
73.
by reqres 13y ago
Under normal circumstances - I don't think Banks directly price for inflation unless it's a financial instrument specifically linked to a certain measure of inflation. I worked in a bank for a few years - doing credit risk in both
74.
by reqres 13y ago
No - he means inflation. It erodes the value of the balance that is owed making it easier to pay off
75.
by reqres 13y ago
The rate of inflation is how modern central banks are graded on their performance. In countries like the UK or New Zealand, it is the primary benchmark and the main metric that is targeted. The story is a bit different in the US where the F
76.
by reqres 13y ago
You can't talk about central banking authorities as a single type of homogenous system. There have been and are many different kinds of central banks over time and across borders. Each are run and incentivised very differently. Each op
77.
by reqres 13y ago
It's still early days of allowing independent (i.e. apolitical) monetary policy committees from controlling money supply/interest rates, but we are and have been in a unprecedented period of relatively low inflation for the past c
78.
by reqres 13y ago
I'm trying to find the name of a suspected logical fallacy that I think some founders make... wonder if anyone can spot it? It goes something like: 1. Established product A has traits X,Y and Z and is a billion dollar business 2. Our
79.
by reqres 13y ago
I don't think anyone is debating whether taking a photo during a serious meeting is a good idea It's wrong to unnecessarily fire someone in front of their colleagues. It destroys morale and it's essentially a form of public h
80.
by reqres 13y ago
Governments can always invent a new denomination. Mostly its been in the other direction (take off orders of magnitude) But the scenario you're citing isn't the central issue when it comes to deflation. Deflation leads to a negati
81.
by reqres 13y ago
There's evidence that power can change how the brain functions - tending to make those in power less able to experience things from the perspective of others. This guy is clearly another corporate sociopath
82.
by reqres 13y ago
Well the difference here is that a utility is a natural monopoly. It's not under market scrutiny except for regulators. Linode is under intense pressure and it's been lagging behind competitors for a while now I've found Lino
83.
by reqres 13y ago
This is a great starting point to mapping I've always found coordinate systems both extremely challenging and fascinating - like how longitude and latitude isn't the same across the world according due to different models of the e
84.
by reqres 13y ago
So you're saying both can work?
85.
by reqres 13y ago
Unless you're saying that you can split 1 bitcoin into 2 bitcoins, I think your reasoning is flawed. Or looking at it another way, inventing a new denomination like a millicent (= 0.001c) will automatically increase our money supply...
86.
by reqres 13y ago
I hope so too - but I think it's unlikely because Bitcoin is decentralised by design. When money supply is controlled by central authority, it can be used as a tool to control prices and volatility. It's still early days but the
87.
Will buying porn turn out to be bitcoin's killer app?(theguardian.com)
1 points by reqres 13y ago|0 comments
88.
by reqres 13y ago
> 9. The price of Bitcoin is likely to range between $4000-5000 by the end of 2014 Setting aside the author's flawed reasoning as to what drives demand for currency - I don't see how this is a positive prediction for Bitcoin as
89.
by reqres 13y ago
Interesting and I think you are correct. Rent-seeking happens all the time and is not just confined to domain names
90.
by reqres 13y ago
You're 100% entitled to do what you want with your own property but please consider the view that domain names are important and finite resources and should be put to good use :)

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