wcoenen

46 ms·

541.
by wcoenen 6y ago
It might work, but it's not necessarily going to be very profitable. The equipment that sits around waiting for low or negative electricity prices represents locked up capital, and ongoing maintenance and depreciation costs. For the sa
542.
by wcoenen 6y ago
> I wonder if he thinks the days of the dollar's reserve currency status are numbered. That's what he's been saying in his book "The Changing World Order". I believe it's not finished yet, but the chapters
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by wcoenen 6y ago
I see some concerns with using humans to incubate babies as well. During her 2 pregnancies, my wife permanently lost most of her sense of smell, had a lower leg clot, and apparently a clot in her hip. That last one was only discovered a few
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by wcoenen 6y ago
Turning one satellite into a cloud of debris would suffice, Kessler syndrome would do the rest.
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by wcoenen 6y ago
Indeed, and this is strongly determined by the price. As long as bitcoin doesn't influence the price of electricity, the relationship between its electricity consumption and price should be roughly linear. Meaning that if the price dou
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Googlefinance Function Is Down(support.google.com)
4 points by wcoenen 6y ago|1 comments
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by wcoenen 6y ago
The recent activation of the beacon chain (and ether staking on it) means that they're committed to proof of stake now. All currently staked ether would be stranded otherwise. https://ethereum.org/en/eth2/dock
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by wcoenen 6y ago
The number of transactions per day on Bitcoin and Bitcoin Cash appears to be roughly the same: https://bitinfocharts.com/comparison/transactions-btc-bch.ht...
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by wcoenen 6y ago
More likely the technology you envision would be applied to packaging and would turn supermarkets into an even more unbearable kaleidoscope.
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by wcoenen 6y ago
> If you worry about the stability of interbank lending and solvency of banks, you resolve that with legal requirements around lending and reserves, not introducing a new optional form of m0 Scenario 5 in this whitepaper hints that the
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by wcoenen 6y ago
The way we think about money is as a global ledger. However, the reality is a lot more complicated if you look at what goes on under the hood of those "rapid digital transfers". The money in your bank account exists only as a liab
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by wcoenen 6y ago
An unfertilized donor egg cell is taken from another animal and has its nucleus replaced with one from a cell from the animal to be cloned. The reprogrammed egg cell is then stimulated to start dividing much like a normal fertilized egg. h
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by wcoenen 6y ago
> Could one not buy/sell BTCC-B each morning depending on overnight activity of BTC? If the price went up, the sellers also know this and will adjust their offers though, so you won't be able to buy underpriced BTCC shares in
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by wcoenen 6y ago
> It sounds like the central bank is thinking about becoming, well, a normal bank. We already have normal banks. That's not entirely the right way to think about this. The money in your account at a "normal bank" only ex
555.
by wcoenen 6y ago
This idea is close to the idea of modal realism: all possible worlds are real to their inhabitants, in the same way that our world is real to us. No substrate required. It's still fun to think how simulations or other types of "ne
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by wcoenen 6y ago
I have a friend who works for a semiconductor company that mainly makes sensor chips for the car industry, and he confirmed this. Modern diesel engines in particular are very complex and require a lot of sensors.
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by wcoenen 6y ago
> I invest hundreds of hours per year studying bitcoin's development, the crypto markets, etc. But you think your opinion somehow weighs more than mine, eh? You're reading things into my comment that I didn't say. Note t
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by wcoenen 6y ago
Bitcoin's usage as a medium of exchange appears to be decreasing, not increasing. If you look for graphs showing the growth of merchants accepting bitcoin over time, you'll notice they're all out of date. That's because
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by wcoenen 6y ago
Meta: my comment above is being downvoted significantly. I'm not sure what I did to offend. There was a remark about the need for a paid option, and I pointed out that it already exists. I have no agenda here and was just sharing what
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by wcoenen 6y ago
There is a paid option: for $6/month you can use gmail with your own domain name. It's targeted at businesses but you can use it as an individual. https://workspace.google.com/pricing.html It includes support, but
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by wcoenen 6y ago
> When you expand it to institutions, real-time settlement means having to warehouse all the funds they might need to trade with in a day with their prime brokers as cash. Not Treasuries. Cash. You are seeing this change in terms of th
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by wcoenen 6y ago
Note that I said "from the company". My point was that the company only pays dividend to real shares, and the stock market intends to track ownership of those real shares. This does not prevent lenders and short sellers to replica
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by wcoenen 6y ago
As you point out, an IOU for a share doesn't pay out a dividend from the company, so it is not the same as an actual share. We seem to be in violent agreement that shares are not created out of thin air (but IOUs for shares can be).
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by wcoenen 6y ago
Silver was already in the news before your comment. https://youtu.be/DCkrf4ieAUE
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by wcoenen 6y ago
It is being tested already: https://www.globalcustodian.com/paxos-teams-credit-suisse-in...
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by wcoenen 6y ago
> If your mental model is that the stock market is a tool to allow people to trade a fixed number of concrete objects back and forth, this probably seems odd, but since that's not really a good model of how the stock market works o
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by wcoenen 6y ago
> What happens next is entirely out of human hands, unless we can realize that event. We would not have been able to detect this object two decades ago. So the "event" is that our observation capabilities have grown past some
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by wcoenen 6y ago
Short squeeze are nothing new, so it doesn't feel like a "watershed moment" to me. Big investors also do it to each other, e.g. the Herbalife short squeeze. https://money.cnn.com/2018/03/01/inve
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by wcoenen 6y ago
> I'm not sure I understand what would be the value of using cryptocurrency under the hood for something like Strike. If they are settling the payments themselves, why not just use a simple database to reconcile their transactions?
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by wcoenen 6y ago
The dream of using bitcoin as p2p digital cash does seem to be dead for now, the fees are too high for that[1]. Lightning hasn't really taken off for that use case either, the number of bitcoins in Lightning channels appears to have st

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