trophycase

9 ms·

91.
by trophycase 5y ago
Is that why the most profitable companies are also the most valuable?
92.
by trophycase 5y ago
information density is too low. Why would I spend 2.5x time scrolling through www.reddit.com/r/fantasyfootball when I can read all the important headlines faster at old.reddit.com ... the redesign also loads fewer posts at a time
93.
by trophycase 5y ago
Stoicism is most definitely a fad and experienced a strong revival along with the male "self-improvement" and "grind" culture. It basically popped up out of nowhere around 2015-2016 in these circles. Georgism is also a f
94.
by trophycase 5y ago
Is Georgism the new fad philosophy? Seems like every few years you see things like this crop up and the technies go all nuts over it. Stoicism was the last big one. I know they aren't strictly related but seeing these fad philosophies
95.
by trophycase 5y ago
Or they can just let someone else pay to invent it and take the innovation the last mile.
96.
by trophycase 5y ago
What war on fossil fuels? Just last year you had oil and gas prices at basically historic lows? Now suddenly gas/oil is back to "normal" levels and it's causing inflation?
97.
by trophycase 5y ago
Nobody. The alternative to government backed USD stable coins isn't tether. It's algorithmic stablecoins (FEI, FRAX, etc.) and collateralized stablecoins (DAI, MIM, LUSD, DOLA, etc.).
98.
by trophycase 5y ago
Some of it is likely them promoting the use of their stablecoin (paying out of pocket) while a lot of it probably comes from lending it out at higher rates. It is VERY easy to make more than 8-9% on stablecoins.
99.
by trophycase 5y ago
Humanity is just a negative sum game in that we take in real resources and just move those resources around and then die, all while increasing entropy of the universe.
100.
by trophycase 5y ago
Actually a huge fraction of DAI is backed by USDC and other assets.
101.
by trophycase 5y ago
It automates and decentralizes the entire financial infrastructure of the world and creates consensus around and enforcement of digital assets outside of the control of single governments. If you can't understand why this is revolution
102.
by trophycase 5y ago
All of the people that use the blockchain as the source of truth and authority enforce it. The question you're asking is literally the same as "what gives bitcoin value". The answer is everyone who believes it has value. Why
103.
by trophycase 5y ago
Nah, you're like all those newspaper articles back in the day arguing about the internet being useless. It's obvious but you just don't want to see it.
104.
by trophycase 5y ago
Nah this site is hilariously anti-blockchain. With less intellectual curiosity than my boomer parents. It's embarrassing really, for a "tech" site. NGMI. Keep being slaves to big tech I guess.
105.
by trophycase 5y ago
That's on your dad for being gullible. NFTs are the future whether you like it or not. The JPEG/MP4/HTML/(literally any non fungible asset) is the house. The blockchain is city/state. The NFT is the deed to that hou
106.
by trophycase 5y ago
It means that tokens are one of the fundamental building blocks and foundational usecases of blockchain/web3. Are you even trying to understand, or just asking in bad faith? Because I know this website hates crypto which is just embarr
107.
by trophycase 5y ago
It's a good investment dude. I'm not trying to shill or anything here but Ethereum is literally the "internet" of finance. It democratizes and brings access to basic financial building blocks like we've never before
108.
by trophycase 5y ago
No it isn't. Also why is it only ok to shit on the way Americans say things but not anyone else? I guess your culture says nothing strangely eh?
109.
by trophycase 5y ago
It really doesn't look all that much different to my eyes.
110.
by trophycase 5y ago
"Solana has exploded because Alameda, Cumberland and related VCs have made it so." By building things of value in the ecosystem.
111.
by trophycase 5y ago
Step in how? Anyone I know who has ever held crypto for a significant amount of time is a working class person and it has changed their life for the better. If that's endangering financial stability then our system is a joke.
112.
by trophycase 5y ago
This just isn't really the case any longer. Crypto has matured a lot in the last few years. And if you're still regurgitating the same FUD from 2016 you're in for a big surprise.
113.
by trophycase 5y ago
But they are reproducing at a much faster rate.
114.
by trophycase 5y ago
He's also in Hamilton, one of the most well known musicals ever.
115.
by trophycase 5y ago
This isn't even true. If you look at the wording of the referendum it basically renames the police department.
116.
by trophycase 5y ago
Not necessarily. While I agree it is riskier, I think there's an argument to be made that higher returns can also come from an arbitrage on information/regulatory hurdles/slow moving corporations.
117.
by trophycase 5y ago
Get an algorithmically stablecoin, like DAI (but not DAI because a ton of DAI supply is collateralized with USDC and ETH/DAI LPs)
118.
by trophycase 5y ago
Well you know what they say... no pain no gain.
119.
by trophycase 5y ago
What? 90% of the garbage circulated on facebook is republican qanon conspiracy theories at worst, and tabloid reactionary garbage at best.
120.
by trophycase 5y ago
What is your suggestion? That only 5% become homeowners/property owners and we're basically back to feudalism?

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