ursuscamp

11 ms·

91.
by ursuscamp 4y ago
Is the FDIC going to tell Silicon Valley bank to stop taking deposits from tech companies, or make them stop purchasing long-term treasuries? My guess is no…
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by ursuscamp 4y ago
I've been using fzf for a long time, but I didn't even know about Ctrl-R. Since I use fish, I've been used to just typing some random part of an old command, then hitting the Up key to cycle through old commands with that sni
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by ursuscamp 4y ago
Custodia in Wyoming has been going through this same thing, recently. They tried to start a 100% reserve bank. The Fed has been ignoring their application for a Master Account for two or three years, until just recently, they were told on t
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by ursuscamp 4y ago
The entire system is a house of cards. The collateral of the system itself is debt (USTs). There is no firm ground to stand on after decades of low interest rates. Marginal tweaks to banking regulations neither caused nor can fix this. The
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by ursuscamp 4y ago
Handouts and rescues for well-connected parties is a feature of government, not any particular economic system.
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by ursuscamp 4y ago
This book was extremely influential on me during my formative years.
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by ursuscamp 4y ago
Okay, but how are they a fraud? You've said they helped launder money, which if true is certainly criminal, but how are they fraudulent specifically? Is there some evidence that they are not fully backed?
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by ursuscamp 4y ago
Why makes Tether a fraud?
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by ursuscamp 4y ago
The SEC will allow joke and meme ETFs, and triple leverage commodity ETFs, but a normal, non-leveraged Bitcoin ETF? No, we have to protect investors from that.
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Craig Wright: Open source developers have a fiduciary duty(twitter.com)
1 points by ursuscamp 4y ago|2 comments
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by ursuscamp 4y ago
Craig Wright’s lawsuits are not just an attack on single developers, Bitcoin Core or the Bitcoin ecosystem, but open source software itself. It could be chaos if ignorant courts find that contributors to open source projects can be forced t
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by ursuscamp 4y ago
It sounds like you think it's unwise, but that's not quite the same thing as irrational. People make different decisions using different sets of information. I have a significant portion of my savings as Bitcoin (much more than 1%
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by ursuscamp 4y ago
What makes it irrational?
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by ursuscamp 4y ago
They missed the opportunity to call it “crusty”
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by ursuscamp 4y ago
This is really great news for the Lightning network, if that is your thing. There is a Lightning wallet, called Mutiny Wallet ( https://mutinywallet.com ) which is an entirely web-based Lightning wallet/node (using WebAssembl
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by ursuscamp 4y ago
It's been a few years since I've used Nim, but outside of the language itself, the tooling around Rust is absolutely incredible. Rust Analyzer, Clippy, Cargo, etc.
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by ursuscamp 4y ago
I believe you are correct.
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by ursuscamp 4y ago
Lots of people in the bitcoin community regularly mix their coins out of principal.
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by ursuscamp 4y ago
Is this a chaumian mint? I have never heard of this project, it's pretty neat. There are a couple of chaumian mint systems in development in the Bitcoin ecosystem. Cashu: https://github.com/cashubtc/cashu Fedminit
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by ursuscamp 4y ago
Certain people have been pushing for digital money for decades, since long before Bitcoin was invented. Bitcoin was the culmination of a quest to find an alternative to that future that was already developing, not the inspiration for that f
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by ursuscamp 4y ago
I believe multiple relay operators are currently working on R2R communication. It will probably be pretty common soon.
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by ursuscamp 4y ago
It’s something we’re building in real time, as we use it. If you visit the NIPs repo, you will see it changing by the idea. As the clients and relays try things, ideas propagate quickly. In that sense it is extremely exciting.
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by ursuscamp 4y ago
Also, if you are interested in trying the many web clients, you could try Nostore: https://testflight.apple.com/join/ouPWAQAV It’s a Safari extension that will store your keys and sign events for you, so you don’t need
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by ursuscamp 4y ago
I'm sure this doesn't apply to many here here, but: Do not trust leverage-trading crypto banks. Do not trade on leverage. These systems just recreate our current system of debt-based money that will inevitably collapse when the ea
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by ursuscamp 5y ago
He doesn’t know how to use the seashells!