tuesdayrain

9 ms·

31.
by tuesdayrain 5y ago
>HN is a highly concentrated community of future-focused computing experts. Cryptocurrency is a perfect example of how computing experts can also have little to no understanding of finance and economics :). HN has been bearish on cryptoc
32.
by tuesdayrain 5y ago
>By the same logic, why would you (or anyone else) ever spend your Bitcoin if it is increasing in value so quickly? That's exactly why I spend little as possible on things other than BTC. As a rough estimate, if I buy a good for $PR
33.
by tuesdayrain 5y ago
Surely you recognize that this is a bad faith argument? The average transaction fee today is around $8 USD. That's a small price to pay for knowing that a transaction is set in stone.
34.
by tuesdayrain 5y ago
A lot of people underestimate the value provided by a payment system that makes chargebacks impossible. Yes, it's a double-edged sword that needs to be used carefully. But it makes perfect sense for markets where one side has an establ
35.
by tuesdayrain 5y ago
>But a scam in a sense that it can’t power every day transactions or day to day needs etc It's not supposed to. No need for a permanent ledger to store cheap day-to-day transactions.
36.
by tuesdayrain 5y ago
You're not very good at experimenting then. I first bought BTC in 2013 because of a legitimate purpose: to pay for online goods (legal software) to a seller who wanted to completely eliminate any risk of chargebacks.
37.
by tuesdayrain 5y ago
If that was javascript you could make it return "AI" with the right `valueOf` call - https://developer.mozilla.org/en-US/docs/Web/JavaScript/Refe...
38.
by tuesdayrain 6y ago
Thinking that merely using BTC is "like voluntarily adding yourself to a watch list" sounds more like fear than reasonable skepticism to me.
39.
by tuesdayrain 6y ago
It's not just a few lottery winners. Every single person who bought and held BTC for a reasonable amount of time has made money. BTC is an extremely valuable investment vehicle that has no equivalent.
40.
by tuesdayrain 6y ago
It's amusing to see people on "Hacker" News afraid of the spooky tech that is Bitcoin :)
41.
by tuesdayrain 6y ago
>One other thing - you cant even move BTC in or out of Robinhood. Robinhood for crypto is a complete scam right now. I definitely would not call that a scam. I have no reason to move my BTC.
42.
by tuesdayrain 6y ago
>Make your money the way you want, but I wont participate in something I have no chance to control. Sounds like you should avoid effectively any form of investing according to this principle.
43.
by tuesdayrain 6y ago
Your first point is not that far from claiming not every group in the world has exactly equal average IQ scores. Different growth prospects are an inevitable consequence of that.
44.
by tuesdayrain 6y ago
Science shouldn't be politicized like that. It bothers me how no one has an issue accepting the fact that different ethnic groups have different average heights, blood types, propensity for diseases, etc. But if someone dares suggest t
45.
by tuesdayrain 6y ago
I actually like the name "human resources" because it very honestly describes the way humans are seen by large corporations: not much more than interchangeable resource units. Changing to a more comforting name while keeping every
46.
by tuesdayrain 6y ago
It's not like "property damage" just means a few buildings get damaged in a vacuum. It was massive amounts of arson, civil unrest, injuries, at least 6 deaths. These things definitely terrorize people on a similar (if not gre
47.
by tuesdayrain 6y ago
So reports of pipe bombs that never went off is more terrorizing than 2 billion dollars worth of damage? ( https://www.dailymail.co.uk/news/article-8740609/Rioting-140... )
48.
by tuesdayrain 6y ago
The amount of people advocating for a literal Ministry of Truth is very disappointing. It's almost like they read 1984 and thought "hey, that's a good idea!". Although in reality I think they just don't realize the
49.
by tuesdayrain 6y ago
By this definition, many antifa and BLM rioters are also terrorists. It's interesting how hesitant the media was to describe them that way.
50.
by tuesdayrain 6y ago
This supports my personal observations that less masculine men are more often than not liberal. (Especially socialists: https://www.thetimes.co.uk/article/weak-men-more-likely-to-b... ).
51.
by tuesdayrain 6y ago
I can assure you that no one is "bagholding stablecoins" in hopes to become rich.
52.
by tuesdayrain 6y ago
Google trends shows major spikes in "black lives matter" searches around election time https://trends.google.com/trends/explore?date=today%205-y&ge... It's foolish to assume that is a coincidence.
53.
by tuesdayrain 6y ago
You listed some valid alternatives to managing your own keys. Coinbase is pretty safe and insured ( https://help.coinbase.com/en/coinbase/other-topics/legal-pol... ). Also even if you are managing your own keys
54.
by tuesdayrain 6y ago
Bitcoin investors have certainly lost less money per capita than /r/wallstreetbets has lost on options trading. Regulation doesn't have much to do with it.
55.
by tuesdayrain 6y ago
From what I have seen, anti-bitcoiners are more cultlike than bitcoiners :)
56.
by tuesdayrain 6y ago
The word "uncommon" is very subjective here. According to this article: https://www.wsj.com/articles/the-myth-of-systemic-police-rac... police shot 9 unarmed black people in 2019. 9 deaths out of 375 million
57.
by tuesdayrain 6y ago
If BLM was more than just a political party seeking to exploit black people, I think they would be focusing more on the #1 killer of black people(gang violence) rather than freak accidents that happen with police.
58.
by tuesdayrain 6y ago
It also virtually guarantees me a lot of money. I see no reason for Bitcoin to stop growing. Cryptocurrency is a brilliant concept that has no equal.
59.
by tuesdayrain 6y ago
Bitcoin is a ponzi scheme, and as far as I know it's the best one ever created. That's why I'll drop my paychecks into it for as long as I live (or work).
60.
by tuesdayrain 6y ago
That is absolutely sexism. It deeply bothers me that some people think tech must be exactly 50% male/female, and anything else is inherent sexism. It's anti-scientific to deny the possibility that biological gender can influence d

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