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sprafa
searching PlanetScale…
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121.
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by
sprafa
5y ago
Anyone who works in film/media industry will advise their kids against it. Or to at least learn a trade that is completely unrelated first, then do media arts if your heart is set on it. Even Denzel Washington got his kid to do other t
122.
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sprafa
5y ago
So true. I see programming as very similar activity to making poetry. I’m a filmmaker by trade but I enjoy doing some code every once in a while, and it’s always felt to me to be very similar to poetry in the way you have to think about it
123.
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sprafa
5y ago
shitcoins are called shitcoins for a reason bro.
124.
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sprafa
5y ago
Sure but - the hard part - transferwise had to build a pool of people - can be done in days in crypto now.
125.
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sprafa
5y ago
not for anything specific, but you can get a loan of X amount of money for Y amount of collateral, yes. You can do this using cryptocurrency that's being loaned out to you under the protocols of a decentralised application. No centrali
126.
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sprafa
5y ago
Not sure if you got what he said. It’s better because instead of transfer wise controlling the money from point A to point B and taking a percentage as a fee (0.1% or whatever) you have 10 000 people who build a liquidity pool where the mon
127.
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sprafa
5y ago
I honestly find the thing pretty confusing myself. However the fact that it’s confusing doesn’t mean it doesn’t work. Cuban has rightfully said UX in the space is beyond awful - some of it is virtually unusable without deep instruction. My
128.
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sprafa
5y ago
The fact is you’re being downvoted. HN is going to miss the boat. Build more cool stuff. You will become insanely rich, since so many people seem set to let this opportunity go to waste.
129.
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sprafa
5y ago
It’s a trillion dollar piece of satire.
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sprafa
5y ago
Thank you. Thank you. The Hn filter is brutal. It might be costing people the opportunity of their lifetime.
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sprafa
5y ago
AirbnbCoin is potentially one of the hardest of these to implement. Some of this would be fixed by something like hypersign which will tokenise ID/reputation. Some other parts of this could be fixed, let’s speculate - with a token that
132.
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sprafa
5y ago
The point of the blockchain is that it’s a computing platform that would allow you to write decentralised software. Having something on the blockchain doesn’t mean it can never be fixed. It’s just data and that data can never be deleted, bu
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sprafa
5y ago
this is the only place where this can be found. Would love to know more from someone perhaps a little bit less involved.
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sprafa
5y ago
You can tokenise most of those pieces of the app as separate blockchains. This is what’s happening right now - stuff like - customer support - can just be externalised from the application onto a separate crypto platform that rewards people
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sprafa
5y ago
Decentralised finance is a blockchain based app. He’s talking about Compound, Balancer. They are that.
136.
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sprafa
5y ago
Yep
137.
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sprafa
5y ago
Most of the stuff people talk about in crypto space is really meaningless. Gotta focus on the signal!
138.
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sprafa
5y ago
Why do you need an off blockchain element? You can just have reputation tokens running on the blockchain.
139.
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sprafa
5y ago
All of this will be tokenised piece by piece, until the application will just be blockchain running top of blockchain. Look at something like Hypersign which is trying to solve identity and reputation for crypto. There are already hints of
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sprafa
5y ago
Crypto will get regulated. Everything that you’re saying about crypto is (almost) true of the early internet. 99% of the companies then were BS. Crypto is a weird space right now as it’s so void of regulation things that should be illegal a
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sprafa
5y ago
Getting a loan on DeFi is a real use case.
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sprafa
5y ago
Thanks! Seems like I’m not the only person to get it. Interestingly this post appears to have been removed from HN. Not sure if I did something incorrectly.
143.
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sprafa
5y ago
Pretty much. It's amazing to me that so many developers are en masse choosing to not get rich in the biggest opportunity for startups in the last decade or more.
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sprafa
5y ago
Basically. There's quite a bit of cargo cult behavior.
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sprafa
5y ago
Yep I think it's tooling, tech. Ubercoin and Airbnbcoin type apps are inevitable I think. There's no reason for all drivers to give away their time at a fixed cost for Uber, and auctions would allow 5 star drivers to gain a lot mo
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sprafa
5y ago
There are tons of things blockchain doesn't make any sense. However dApps are real and there are real-world use cases being used right now by millions of users. HN seems to be ignorant of that, weirdly.
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sprafa
5y ago
You are extrapolating your situation > global situation. Millions if not billions of people don't have access to the credit opportunities you describe. Certainly I don't, living in the country in europe I live in.
148.
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sprafa
5y ago
i dont even understand the question you're making tbh.
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sprafa
5y ago
yep pretty much. I'm saddened by this, and I wonder how many people are accepting of HN take and not DYOR enough to realise there's real opportunity there. I mean there are kids becoming mil/billionaires on blockchain dApps o
150.
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sprafa
5y ago
Uniswap is relatively new - started really working last year. There are large numbers of decentralised exchanges now.
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