trixie_

32 ms·

301.
by trixie_ 6y ago
I guess remind me in 10 years and we'll see how returns on crypto compares to 'stocks, hard currency, gold, silver, luxury watches' Funny how all of those things are not supply constrained, so they seem to be at a disadvantag
302.
by trixie_ 6y ago
It's in the news everyday. Huge investment firms diversifying into crypto. So yes, value is being stored. The market cap of cypto has been rising exponentially - exactly because it is a good store of value. Which means easy to store, a
303.
by trixie_ 6y ago
Metrics as in how easy is it to store and send, how resistant is it to inflation and manipulation. - Land - Can't send it. - Gold - Physical so more difficult to store, secure, send, and verify. - Cash - Easy to manipulate by the gover
304.
by trixie_ 6y ago
I would love to have an intelligent debate with you. To respond to your original post. Many people, myself included, find crypto an easier, faster, cheaper way to send large amounts of money versus ACH, wire transfers and western union.
305.
by trixie_ 6y ago
Case in point I guess. It is kind of amazing how one of the most important recent technological developments has been written off for more than a decade by the users of this site. Same with TypeScript for a long time as well, and then there
306.
by trixie_ 6y ago
Like I said the future of AR is VR. People are already recreating their rooms and spaces in VR. Just extend that to wearing the device all the time. People dont want to see reality. They want to see their own version of it. Cloudy days beco
307.
by trixie_ 6y ago
The future of AR is VR. With 8K screens you just redraw reality.
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by trixie_ 6y ago
Apple CPU/hardware + Apple display technology + Apple software would easily justify the 3k price. And people would pay it. Not just because it's Apple, but because Apple has the means to vertically integrate the entire tech stack
309.
by trixie_ 6y ago
The web is already decentralized, you are free to setup your own new Twitter website and tell people about it. Want it to be hidden or hard to shutdown? Put it on the dark web. Don’t get sucked into the blockchain buzzword. Blockchain is a
310.
by trixie_ 6y ago
The intrinsic value of Bitcoin is that it works really well as a means of exchange. It’s not easy to find a good medium - gold is heavy/physical, dollars can be minted, etc.. If there is something that works well as money then that’s i
311.
by trixie_ 6y ago
So you think everyone invoked at Apple was conspiring to keep her there to pleasure themselves? Does that really sound likely?
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by trixie_ 6y ago
None of that is a big deal or red flag. At a large intense company things come up, meetings get missed. New people will float around for awhile until there’s time to fit them in. It’s very much sink or swim and a test of how adaptable/
313.
by trixie_ 6y ago
It doesn’t sound like she was being taken advantage of, they obviously wanted her to leave. She was staying (and killing herself) out of fear deportation which sucks. My question is if California is at-will employment why didn’t they fire h
314.
by trixie_ 6y ago
XSD is a good ETF for semis
315.
by trixie_ 6y ago
You never answered the question of what happens to someone who zeros out your net worth. Possibly decades of savings gone. Mitigation and reduction is already being done. Punishment is a fundamental deterrent that has been used by societies
316.
by trixie_ 6y ago
Someone steals your identity, ruins your credit, drains you bank accounts, sells your crypto/stocks - leaves you with nothing. It wasn't violent so what happens to them?
317.
by trixie_ 6y ago
As a user of Ignite, we're struggling to find an alternative that matches its feature set. Great business opportunity here.
318.
by trixie_ 6y ago
No, I'm thinking of Bitcoin. The BCH fork is interesting, but not as universally accepted or tradable as BTC is. There are already alt coins with higher transaction rates than BTC and BCH so the fork wasn't really necessary.
319.
by trixie_ 6y ago
Very useful as a currency, many people use it. Not to buy a snickers, but to easily and quickly transfer large sums of money. Yes tether is useful for moving and storing the dollar equivalent value. The system works for many people and comp
320.
by trixie_ 6y ago
There is no 'perfect' store of value. If you have a lot of value to store, crypto should absolutely be part of your portfolio. Stocks fluctuate by large percentages and people put their entire retirement savings in those. Property
321.
by trixie_ 6y ago
You seem hung up on the altcoins and how easy it is to create new ones. That's not the hard part. The hard part is getting people to trust it, exchanges to carry it, and most importantly figuring out a way to distribute it fairly afte
322.
by trixie_ 6y ago
There is more to a particular crypto currency than the technology. Bitcoin has the longest history, good team management, wide distribution, a track record. Just as people judge fiat currencies by the stability of the government behind them
323.
by trixie_ 6y ago
Bitcoin's value based on how much people use using it to store value. You can't store billions of dollars without the price of Bitcoin being high. More and more people are using it to store and transfer value. Why? Because as a cu
324.
by trixie_ 6y ago
Wow this is getting a lot of PR. I've seen this article on the on so many news sites now. It's funny, but front page news? Seems of all the random things that go on, this was picked as special for some reason. Just interesting how
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by trixie_ 6y ago
Are you sure people would have saved the money versus buying a better car, house, electronics, etc.. Are you sure inflation is the reason people live a 'consumptive lifestyle'? I'd argue it is 'cheap' access to debt
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by trixie_ 6y ago
70% of Americans have less than $1,000 in the bank. Say there was 0% inflation for the last 50 years, how much do you think the number above would change?
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by trixie_ 6y ago
The tax system is not the place to try to solve poverty - you just end up over complicating it without even fixing the problem. Zero tax does not equate to zero poverty. Let the tax system and social services systems stand on their own. Don
328.
by trixie_ 6y ago
Here's your requirements - lots of government services and low (upfront) taxes. Here's the solution - use inflation as a hidden tax to cover the spending without an upfront tax. Do you have another solution that meets the requirem
329.
by trixie_ 6y ago
Another great use of inflation is to reduce the value of the national debt. It's like a flat tax that affects everyone equally.
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by trixie_ 6y ago
The fact that 'stealing money' is harshly prosecuted is just one factor that contributes to its value as a currency.

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