themihai

11 ms·

61.
by themihai 4y ago
>> It is not about crypto.com going kaput. It looks like you don't understand what means to give your money to a 3rd party.
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by themihai 4y ago
I think he tries any avenue available. Even if 50% is lost it's still a good trade.
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by themihai 4y ago
I think it's less important how high are the fees right now. The fact tomorrow the fees could increase to $1000 makes the system unreliable for long term investments. The crypto payments for example had few real chances to become mai
64.
by themihai 4y ago
The "popularity" issue does not help a payments/transaction system. I believe in the long term it will die. A merchant that tried accepting crypto payments and found that in the busiest day its clients couldn't pay due t
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by themihai 4y ago
The high fees made DEX impractical
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by themihai 4y ago
>> Fried, after all, was supposed to be crypto’s good-guy wunderkind, the pro-regulation prophet who would finally lead crypto into the mainstream. That's rule number one in crypto and the very reason it motivates its existence:
67.
by themihai 4y ago
It's an exchange developed on Ethereum platform. Basically what FTX is but without a central authority. You may wonder why people don't use Uniswap instead of FTX, Binance etc. The answer is the same reason crypto payments failed:
68.
by themihai 4y ago
Last time I've checked it was unusuable due the high trading fees. In theory it's great but in reality it's not really working.
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by themihai 4y ago
When the banks get bankrupt (i.e due overleverage, stealing/using customer's money etc) their customers get nothing back. A such example is MF Global. I'm not going into the whole story why banks and centralised/opaque
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by themihai 4y ago
Crypto investors should not hold their funds in custodial wallets(i.e centralised exchanges). Sam did a great service to the crypto world. As far as I'm concerned they've got what they deserved. Hopefully Binance'll show the
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by themihai 4y ago
It happens on Wall St as well but more "subtle". Retail investors and tax payers have always been the bag holders.
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by themihai 4y ago
2008 was not 19th century though.
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by themihai 4y ago
So all the digital payment methods must be a clone of paypal with "protections" for your own money? If paypal would be so great people would use only that trash.
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by themihai 4y ago
Don't tell me they exhausted all the investment opportunities and crypto was their only choice. They could as well put the money into 1000 random start-ups and be better off risk wise
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by themihai 4y ago
Many people can't handle the truth. That's why see weird situations that don't make sense(i.e religion, populist leaders, snakeoil etc)
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by themihai 4y ago
Except they are unusuable most of the time due the hogh transaction fees.
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by themihai 5y ago
one reason would be the UK dumping forged money perhaps through 3rd parties? (i.e. like the Switzerland sold compromised crypto machines)
78.
by themihai 5y ago
Is a browser so expensive to maintain? $400m/year?
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by themihai 5y ago
Putin about the fall of Soviet Union: "It was a disintegration of historical Russia under the name of the Soviet Union". He said something similar about Crimea being part of the "historical Russia" and now Ukraine too. I
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by themihai 5y ago
It's not really only about Ukraine. It's about the whole Eastern Europe. If you listen to Putin's speech a good way to "reset" the relations would be redrawing the NATO borders to 1990 so I would say that at this po
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by themihai 5y ago
Something tells me that if Russia would not have been so assertive and nostalgic about the soviet times we would get alone with them just fine. But they are still in denial...Putin and a big part of russians would very much like the Soviet
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by themihai 5y ago
>> makes no logical sense when considering the need of drivers Maybe Tesla's UI team thinks they design the UI for self driving car /end rant
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by themihai 5y ago
It would be nice to see a Union of merchants. I'm pretty sure Amazon got a sweat deal given its power but the poor small merchant pays the full fee price.
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by themihai 5y ago
>> Time now to discuss and debate new ways of funding, supporting and selling great British content. Perhaps it's time for the BBC to "beg for money" from the government every 4 years and do something in exchange for th
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by themihai 5y ago
It looks like the old "Swiss secrecy" has been just marketing smoke...(see Crypto AG). I doubt any centralised entity(regardless of the country where it's hosted) can be trusted with your data. Cryptography is the only way to
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by themihai 5y ago
I doubt that Nature says that only males are allowed to enter. Unless you are a hermit and live in solitude (which is not the case on Athos) you still have to answer to the community members and obey the community rules which very are often
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by themihai 5y ago
As far as I know monastic life is not really work-free or worry-free. It's still a society with a lot of baggage. You are even expected to work for free and don't question the authority of the "upper-class". The only cha
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by themihai 5y ago
Aren't there programs restricting social media? Why parent's don't just ban the social media for their kids?
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by themihai 5y ago
Some people don't like subscriptions...still prefer the old good way of owning things.
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by themihai 5y ago
Crypto doesn't try to replace cash. It tries to replace digital payments (i.e. bank transfer, paypal, credit card etc) and I'm totally fine with that. Some people like paypal, visa and mastercard, some people don't.

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