unboxingelf

11 ms·

91.
by unboxingelf 4y ago
Aside: can someone explain to me how IPFS, in this specific case, is any better than a typical 3rd party service storing the data? The linked announcement says they use a pinning service “web3.storage”. Web3.storage says it stores data on F
92.
by unboxingelf 4y ago
Don’t ban crypto, regulate it like the security it is. But stay the hell away from my Bitcoin.
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by unboxingelf 4y ago
This is the way
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by unboxingelf 4y ago
Do you have a tldr? I see its stated technical goal of maintaining a small blockchain, but what’s it for? It has a token so is it meant to be money? Is it a web3 app chain? The fact that there was an initial presale makes it sound like a pr
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by unboxingelf 4y ago
Bitcoin is boring. It’s a decentralized ledger. It’s effectively the missing protocol for money on IP. Everything else is a security, by definition.
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by unboxingelf 4y ago
ETH had an unfair issuance and is (by design!) centralized with a CEO. It couldnt be further from Bitcoin at this point.
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by unboxingelf 4y ago
Strongly disagree. Anybody in any crypto token other than Bitcoin at this point has low credibility. Every other chain and project is sacrificing decentralization for short term gain. They’re at best naive and at worst scammers.
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by unboxingelf 4y ago
Swan provides a marketplace for buying and selling Bitcoin and Bitcoin only. So yeah, I’d agree with the quote.
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by unboxingelf 4y ago
Just wait until you decide you need some kind of distributed transaction support across multiple microservices… You should aim to spend a considerable amount of time in the design and discovery phases.
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by unboxingelf 4y ago
We will see Bitcoin lightning payments accepted at major retailers in the US, via Square or Strike.
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by unboxingelf 4y ago
If his number one focus is solving money he should start promoting Bitcoin and Lightning.
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by unboxingelf 4y ago
Sounds eerily similar to SBF.
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by unboxingelf 4y ago
I honestly can’t tell if this is satire. Fiat is stable in so far as the number doesn’t change, but good luck with that purchasing power. Bitcoin is a scarce commodity with no issuer. It cannot be counterfeited on the whim of a small group.
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by unboxingelf 4y ago
I feel sorry for the retail investors caught up in yet another crypto scam. Let me try to articulate my view of what’s actually going on with these seemingly endless scams, in hopes of saving future retail investors some pain: Prominent ven
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by unboxingelf 4y ago
Would you elaborate on the setup? I recall seeing a comment or article where Mitchell mentioned this setup previously. I’ve been using Make + Docker for development on macOS for a long time now and perhaps it’s time for a change. I’ve looke
106.
by unboxingelf 4y ago
Spoiler - we didn’t print nearly as much as you think we did. And we generally haven’t even scratched the surface of how much more a normal growth of the currency since 2008 was needed. What are you talking about? Aside from the ind
107.
by unboxingelf 4y ago
_Well known tech guy thinks blockchain is dumb because he can’t see its value for a private company._ There’s nothing new here. No, a blockchain isn’t a good replacement for a traditional database. It’s a distributed append only database bu
108.
by unboxingelf 4y ago
listen to chamath’s explanation on the latest All In podcast, he puts it pretty succinctly.
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by unboxingelf 4y ago
In all reality vitalik’s roadmap is the official roadmap. It’s clearly being followed. There is not much difference between a traditional tech company and Ethereum. Meanwhile Bitcoin has been code complete since the whitepaper was released.
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by unboxingelf 4y ago
Zoom calls are the norm, video often requested. 3-5 rounds are typical at the bigger tech co’s, usually a mix of soft skills, technical discussion, code challenge or take home.
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by unboxingelf 4y ago
Am I the only one that thinks the pricing on cars these days is ridiculous!? $100k for a car? I guess that’s what you get for printing money for over a decade.
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by unboxingelf 4y ago
Ethereum is almost definitely a security. It had an unfair issuance and is controlled and influenced by a small group. I mean it has a roadmap by vitalik!
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by unboxingelf 4y ago
Oh SBF realized it was a ponzi, he literally described it as such in an interview!
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by unboxingelf 4y ago
People are used to banks and treat CEX as such.
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by unboxingelf 4y ago
I suspect this will be the catalyst for “regulation clarity”.
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by unboxingelf 4y ago
I can see a future where payments happens over lightning, BTC is savings, and apps/games/entertainment are built on ETH. However I’ve grown less confident in ETHs longevity following the move to PoS. I’m concerned about the centra
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by unboxingelf 4y ago
As someone who writes Go code daily, nice Go code!
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by unboxingelf 4y ago
don’t the incentives drive miners to cheaper sources of energy? how does that non linear variable factor into your zero sum argument? re speculation— I don’t think you can remove it from the equation. Equities are highly speculative. The ma
119.
by unboxingelf 4y ago
Bitcoin is a scarce asset, there will only ever be 21M. So based on the number of people on the planet and Bitcoin’s growing adoption with both individual and institutional investors, I’d say the fundamentals look pretty good.
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by unboxingelf 4y ago
Bitcoin appears to be an alternative.

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