tinkerrr

8 ms·

31.
by tinkerrr 10y ago
Poloniex has apparently stopped trading DAO tokens and ETH as well [1] [1] https://www.reddit.com/r/ethereum/comments/4oiesu/polo_froze...
32.
by tinkerrr 10y ago
There is no doubt that centralization is more efficient than decentralization. The problem comes when developers or other stakeholders don't understand or underplay this feature. Also, centralization/decentralization is a a scale,
33.
by tinkerrr 10y ago
Also remember that this isn't the first time this idea of 'lets rollback a blockchain due to a hack/attack' has been floated or even tried. The first major blockchain rollback almost completely destroyed the cryptocurren
34.
by tinkerrr 10y ago
Interest rates in most of the developed world have been on the decline for almost 30 years. There is no way to just magically increase interest rates in the market. Contrary to the popular belief, the Fed doesn't set interest rates in
35.
by tinkerrr 10y ago
If you have a significant amount of money, I would suggest a good hardware wallet like Trezor or KeeyKey or Ledger.
36.
by tinkerrr 10y ago
You're mostly right, but for the sake of clarity, Slock.it is not a DAO, but a physical corporation in Germany. The actual chain looks something like "The DAO" <-> "Proposal" <-> Slock.it The idea is tha
37.
by tinkerrr 10y ago
It obviously won't have 'no effect' on grandma, but generally speaking, grandma's pension fund, if managed competently, will only invest a small percentage of portfolio in venture firms. The effect is therefore limited t
38.
by tinkerrr 10y ago
Why cherry-pick 5 years? Just look at their performance since inception. It is clearly laid out in their 13F. The company has trounced the S&P over such a long-term it is pretty incredible actually. http://www.berkshirehathaw
39.
by tinkerrr 10y ago
You're right, I shouldn't have used an absolute language. There is also the issue of voter apathy so yes, a 51% attack might be worthy of a try for a wealthy enough adversary. In terms of the split, if the community broadly agrees
40.
by tinkerrr 10y ago
Is there any stock or asset that would beat the S&P500 on an absolute basis for all time periods? No. Therefore you can play this game with every single asset class, without exception. It doesn't mean anything, and that is why your
41.
by tinkerrr 10y ago
Anyone can 'split' the DAO at any point of time, which renders the 51% attack moot. A 51% attack works only when the attacker can get more than what he puts in. Consider this obvious attack vector: Let's say today is the last
42.
by tinkerrr 10y ago
This is correct. When the Decentralized Autonomous Organization/Corporation is a term that has undergone quite a few changes, and Ethereum projects definitely use it very loosely. As you pointed out, not much is autonomous at all. The
43.
Pentagon Reboots Silicon Valley Startup as Analysts Cite Flaws(bloomberg.com)
1 points by tinkerrr 10y ago|0 comments
44.
by tinkerrr 10y ago
Closer to the US, don't forget the debt default by Puerto Rico: http://www.bbc.co.uk/news/business-36184250
45.
by tinkerrr 10y ago
True, but remember that JP Morgan doesn't run a hedge fund, and neither do other banks like HSBC that have been caught laundering money for drug cartels and got away with a few basis points of revenue in fines.
46.
by tinkerrr 10y ago
If it was a level playing field then what you said is true, i.e. provide better services in the asset management space. However, the reality is more complicated. Firstly, financial education. How many asset managers like pension funds want
47.
Big Oil Abandons $2.5B in U.S. Arctic Drilling Rights(bloomberg.com)
3 points by tinkerrr 10y ago|0 comments
48.
The Labor-From-Factories Explosion(overcomingbias.com)
2 points by tinkerrr 10y ago|0 comments
49.
by tinkerrr 10y ago
Did you have more than $250,000 in your account? If so, then you would have lost access to part of your money, or gotten if after a bankruptcy court hearing. Deposits are not the highest priority item on a bank's liability side of the
50.
by tinkerrr 10y ago
Your prejudice against "Bitcoin community" is quite telling, given the fact that it took the Bitcoin community less than 2 hours to disprove the supposed proof and very few in the "Bitcoin community" would consider Wrigh
51.
by tinkerrr 10y ago
This is great but ... rudimentary. The same advice on 'create a 6-month emergency fund' no matter the financial situation, without regard to the cost of such a plan (in lost returns) and taking into consideration that depending on
52.
by tinkerrr 10y ago
Dividends are paid from company earnings (profits), not stock, and as such, stock price doesn't affect the ability of the firm to pay dividends. They could both have the same underlying cause though - which is, a deteriorating business
53.
by tinkerrr 10y ago
Previous discussion: https://news.ycombinator.com/item?id=11444941 399 points | 4 days ago | 350 comments
54.
by tinkerrr 11y ago
Picking the initial stocks? A company like Berkshire Hathaway run by Warren Buffet has a very low churn over the years, especially in their larger positions. The company has been sitting on 400,000,000 shares of Coca-Cola since the late 80s
55.
The Problem with Best Practices(fastcompany.com)
3 points by tinkerrr 11y ago|0 comments
56.
Ask HN: Help with Stock Options of Acquired Company
1 points by tinkerrr 11y ago|0 comments
57.
High-Tech Coolhunting: Spotting Tech Ideas Early(medium.com)
1 points by tinkerrr 11y ago|0 comments
58.
by tinkerrr 11y ago
That Youtube link is blocked in the UK
59.
The Case for Banks to Use Open, Public Blockchains(americanbanker.com)
3 points by tinkerrr 11y ago|0 comments
60.
The ETF Files: How the U.S. government inadvertently launched a $3T industry(bloomberg.com)
123 points by tinkerrr 11y ago|41 comments

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