vijayboyapati

9 ms·

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by vijayboyapati 12y ago
Would it be too gushing of me to say that Twitter is by far the most heroic of the large tech companies in the US? Good for them!
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by vijayboyapati 12y ago
The thing I find interesting is how thin the order book is: https://www.bitstamp.net/market/order_book/ It shows that you don't need to sell a particularly large block of btc to substantially move the price i
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by vijayboyapati 12y ago
There has been a long and storied tradition of smuggling in the Americas going back to before the founding of the republic (John Hancock, president of the first Congress, was a notorious smuggler in his day). Here are some examples that alw
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by vijayboyapati 12y ago
My claim was not that it was the only factor, but that it was a major factor - I list three other major factors, the first being the most important. Comparison to the EU misses the point; both the EU and the US have intellectual property la
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by vijayboyapati 12y ago
I gave a lecture on this at the University of Washington in 2010 and it covers intellectual property as one of the four major causes for the cost of health care in the US: http://mises.org/daily/4434
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by vijayboyapati 12y ago
Not to mention it sort of defeats one of the main value propositions of cryptocurrencies - their decentralized nature. If reddit created such a currency you would need to trust reddit to trust its value. And if it's backed by reddit sh
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by vijayboyapati 12y ago
>He said he could not understand why companies would “market something expressly to allow people to place themselves beyond the law.” Perhaps he's entirely unaware of any history where "the law" was used to oppress. Perhap
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by vijayboyapati 12y ago
"Let us be quite clear: if Bitcoin was a cheaper or more efficient transaction method, for-profit organizations such as large payment processors would have forked it long ago and would likely already be using it internally in order to
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by vijayboyapati 12y ago
A pardon for an American hero. C'mon Obama, you can do this.
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Has the ‘Libertarian Moment’ Finally Arrived?(nytimes.com)
5 points by vijayboyapati 12y ago|4 comments
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by vijayboyapati 12y ago
I really love the testimonials :) http://autowale.in/
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by vijayboyapati 12y ago
I've been developing with Perl for almost 20 years and am a great fan of it. I think it's not difficult to write easy to read and understand Perl code (although it's also not difficult to write awful Perl code). I'm very
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by vijayboyapati 12y ago
It is not a requirement, but companies within batches, and within Ycombinator in general have a unique insight into the demands and pain-points of their fellow companies. This is why each batch usually has a handful of companies working on
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by vijayboyapati 12y ago
Peter Klein has some very interesting research showing there are limits imposed on organizations by the problem of economic calculation: http://mises.org/document/350/Economic-Calculation-and-the-L... This is an a
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by vijayboyapati 12y ago
I've already had this debate with Tim in private (we're friends). Some of his analysis of transactional use is quite misleading. For instance: http://letstalkbitcoin.com/blog/post/a-marginal-economy-vers.
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by vijayboyapati 12y ago
Also the number of transactions per se is not the best measure of bitcoin's importance; it is the total purchasing power being transferred that should be considered. Bitcoin is a medium of savings that allows people to transfer value e
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by vijayboyapati 12y ago
This is one of the technological/mathematical developments, along with multi-sig, that has great promise for improving the security and flexibility of Bitcoin. One of the worries for people with large bitcoin holdings is the being-hit-
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by vijayboyapati 12y ago
Multi-sig is a very powerful innovation for corporate use of bitcoin. Not because you can have arbitrarily many M of N signing a transaction, but that you can outsource complex policy in a trusted way. E.g., create policy that lower level e
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by vijayboyapati 12y ago
There are a number of technological solutions to the security issues related to storage. BIP38 and multisig are both very promising innovations, and there will be more. We're really at the very early stages of Bitcoin's developmen
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by vijayboyapati 12y ago
thanks :)
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by vijayboyapati 12y ago
Anyone have evidence of Satoshi's use of Tor? This seems like a crucial claim made by the blog post author, yet I cannot find any evidence of it.
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by vijayboyapati 12y ago
The author of the blog post makes the claim that Satoshi used Tor. I'm interested in what evidence there is for that. I googled and found a few people mentioning it, but no direct quote from Satoshi himself. I also searched the archive
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by vijayboyapati 12y ago
Great article. Another type of analysis I found really helpful was done by Marshall Rosenberg called "non-violent communication", which dissects the "turning toward" and "turning away" phenomena in marital (and
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A Startup Looks for Business in Secrecy(online.wsj.com)
2 points by vijayboyapati 12y ago|0 comments
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by vijayboyapati 12y ago
The trouble, I feel, with the overlap between science and philosophy is that most modern practitioners of what we know as "science" only have exposure to one epistomological world view: positivism. Granted, this world view has cre
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by vijayboyapati 12y ago
I was in the same YC batch as Nikki. The thing I remember most about her was her enthusiasm. I also remember that her presentation on Demo Day got the loudest applause and most interest. Sad to hear 99dresses didn't make it, but I&#x27
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by vijayboyapati 12y ago
This is good in a way. It's yet another tacit admission of the legal legitimacy of bitcoin by USG. It's not like USG would seize 20kg of cocaine then sell it into the market in an auction!
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by vijayboyapati 12y ago
Anyone know where they're getting their market data for price history and volume? Perhaps not as important after the collapse of Gox, but the market is still illiquid enough that there can be substantial spreads between exchanges.
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by vijayboyapati 12y ago
It's interesting to think what announcement like this have in aggregate on the price of bitcoin. Counter-intuitively the price of bitcoin should face downward pressure as merchant adoption of this sort increases. Expedia doesn't h
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by vijayboyapati 12y ago
It's incredible to hear stories where businesses will self immolate just to protect a cherished cash cow. Microsoft's reluctance to make many of their products free online can be seen as a special case of this. And game theory wis

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