spottybanana

6 ms·

1.
by spottybanana 5y ago
Those P2P loans get also lost quite often. If you have transaction logs that show you making consistent 12% for years that would be quite interesting to many. Due to the nature of p2p lending sites the sites often have incentive to make it
2.
by spottybanana 5y ago
Also have to be noted, that the change to make bucketloads of cash from shitcoin peddling is something the traditional corps can't offer. Yeah for sure something like sushiswap requires talent, but it is only couple of years old and is
3.
by spottybanana 5y ago
Do you think that guy that runs an organisation called "Hustle Fund" is that interested in those details.
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by spottybanana 5y ago
There for sure are tons of people willing to manage someones else business if you pay them well. However how talented or good they are is a totally different thing.
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by spottybanana 5y ago
Yeah, it is no wonder that a founder-CEO of a 70 billion dollar company is having very little negative interactions with about anyone. Personally I have became from poor ass bootstrapping startup founder to rich and successful retired entrp
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by spottybanana 5y ago
After playing with earlier generation RPi's, my opinion was that they are useless crap, not performant and stable enough for my projects. But now I tried RPi4 8GB model, and I have to say that it is entirely different beast. For my pro
7.
by spottybanana 5y ago
> Even a modest NUC will be way faster With the latest RPi 4 with 8GB ram, with an SSD drive, for my use cases I haven't found the performance problems at all. However I can totally see that for many other use cases performance migh
8.
by spottybanana 5y ago
Just get born rich so you don't have to do anything. I think it is no-brainer that founders would prefer to have full control and ownership. If you manage to bootstrap a profitable company with zero outside funding, great for you, but
9.
by spottybanana 5y ago
> I've seen sites start heavily censoring themselves because someone complained to Google and they pulled the ads. Stuff like this ruins the web. You mean my web is ruined because I don't see more those ads selling the newest c
10.
by spottybanana 5y ago
I have been using LN quite a lot for casual payments in the last years. There have been a lot of small hiccups but recently it have been working very fluently for me.
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by spottybanana 5y ago
If you believe in free market capitalism, people should migrate from PoW to PoS coins, because PoS coins provide the same features with less expenses. In practice this won't happen, because PoS coins don't deliver the same feature
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by spottybanana 5y ago
This is very good article. For many, after getting some kind of windfall, pitches start coming left and right. It is easy to think that angel investing is something normal rich people do. Personally I don't think it makes sense for mos
13.
by spottybanana 5y ago
> You are justifying someone being paid $750m. No one needs that much money. No one. Why are you defending this? It's obscene. Yeah, he doesn't need it, but I am happy that he has it. He clearly is a guy who can deliver value f
14.
by spottybanana 5y ago
> My question is: how is Tim so productive that he does roughly 160,000 people’s work, or 1/8th of Foxconn’s total workforce? [2] /s Nobody has been making these productivity claims to begin with, but leftists commonly use prod
15.
by spottybanana 5y ago
He is already making society a better place by making products and services that people value. Charity isn't the only option for that.
16.
by spottybanana 5y ago
> (b) is why Bitcoin core development has stagnated. And that's fine if people just want it to be like gold, however Ethereum doesn't aspire to not evolve. How stagnated is Bitcoin development? Yeah it is not progressing super
17.
by spottybanana 5y ago
> A high level of quality in software is not important unless you're entering an already well-served market. I wish it was. Somewhat weird mindset. It is natural that when a new market gap is discovered, the first iteration of produ
18.
by spottybanana 5y ago
In practice exchanges end up holding most of the crypto, and they will decide how to use the crypto in PoS. With PoW it looks like miners/pools will quite rarely work as exchanges, so the powers tend to be separated. With PoS, it looks
19.
by spottybanana 5y ago
I think the whole term "technical debt" has developed as a part of business and technical team negotiations. The technical team prefers to improve their own job comfort, doing tasks that make their job more comfortable and stress-
20.
by spottybanana 5y ago
> trillions in capital will be captured by the 0.01%. How is that different from the current situation?
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by spottybanana 5y ago
> The technology will float around, but the actual formal legal exchange of fiat for crypto should be banned. The opposite is pretty much happening, regulation. So government is licensing the exchanges and after that the licenced exchang
22.
by spottybanana 5y ago
What? I have used BTC for years and never had problem answering that honestly. I would argue the opposite, most BTC users are very straightforward investors, they bought BTC, maybe bought something with it along the years, then held the res
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by spottybanana 5y ago
> It feels like The Block isn't entirely sure what Binance can or can't do at the moment. I'm sure also Binance and the FCA aren't sure about that. The regulatory uncertainty in this space is huge. Even after this sta
24.
by spottybanana 5y ago
Bitcoin isn't that new thing any more, to me it looks like fiat holders have seen too many bitcoin holders gain significant value. Yes, there are also those that lose their BTC for whatever reason but to me it seems to be quite a minor
25.
by spottybanana 5y ago
What the normal people will use in the beginning is going to be non-custodial LN based solution like strike. Minimal fees, easy to use. If you get a bit more, move to custodial LN wallet/onchain transactions. More fees, more security a
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by spottybanana 5y ago
Futures are great, if used right. Too much leverage kills always.
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by spottybanana 5y ago
Doesn't sound like useless to me, these projects sound very educational.
28.
by spottybanana 5y ago
Meanwhile they started accepting Dogecoin at SpaceX just couple of days ago . Dogecoin has exactly the same energy spending incentives as Bitcoin. The whole set of actions doesn't sound very logical.
29.
by spottybanana 5y ago
> It's awful, and I guess we're only going to see this over once Bitcoin is surpassed by Dogecoin (I'm sure this will happen), and then Dogecoin gets surpassed by any other stupid shitcoin out there. Just pointing out that
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by spottybanana 5y ago
Wonder if he had any posts on reddit that have stayed there?

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