whoisninja9

5 ms·

1.
by whoisninja9 9y ago
transactions with fiat is fine, good luck storing all of your wealth in fiat (specially with worldwide QE, fiat is more pumped than anything can be) : http://www.fiatfate.com/
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by whoisninja9 9y ago
thanks everyone for all the discussion in this thread. Being the author of this website, I would love to hear any suggestions - I will try to add more interesting stats in the future but keep it lean at the same time. Also I hope people rea
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by whoisninja9 9y ago
Why people put money in certain things is always a discussion, well the financial markets are better representative of people's opinion. Right now it is couple of billions in market cap. I agree with you and I'm very skeptical. Bu
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by whoisninja9 9y ago
there's a lot of talk about stablecoins. I think it is a great idea but what we define as "stable" is fiat currency. The whole idea of creating this website is to make people think if fiat is really stable? So, if we think ab
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by whoisninja9 9y ago
not suggesting that they are not credible or anything but I think their technology shouldn't excite people that much. And may be rather than public funding this bank's side project, perhaps banks can use some of their profits to d
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by whoisninja9 9y ago
agree 100% :)
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by whoisninja9 9y ago
The reason hackernews is great is because it has some audience which wants to discuss and debate how things work. This is a very unique and good form of education, only internet made it possible. But for large part of society they don'
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by whoisninja9 9y ago
Ripple is not decentralized at all. They've zero intention to bring decentralization, all they're trying to do is give banks a technology that can speed up remittances. Why do you need blockchain for that specially if you will be
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by whoisninja9 9y ago
very valid analysis, but how do you identify "countries that have really bad money" ? it doesn't happen overnight so which countries are going to face monetary issues in next 5-10 years, hard to tell? and unfortunately genera
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Fiat vs. Bitcoin(fiatfate.com)
95 points by whoisninja9 9y ago|70 comments
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by whoisninja9 9y ago
good point, what do you think about tensorflow, openai gym, python, apache foundation, linux foundation? you gotta have some love for open source if you're a developer. i might not be as well read as you but i would like to be correcte
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by whoisninja9 9y ago
i agree with you and i think it is a good point but just one doubt i have that liquidity argument is correct assuming that this doesn't effect the fundamental pricing and cause bubbles (for ex.[oversimplified one] if lot of people foll
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by whoisninja9 9y ago
none, their goal is to optimize profits. They haven't gotten to a point where investing in cutting edge tech only research is seen by them as a value add. Also for such projects they stay away from open source collaboration with outsid
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by whoisninja9 9y ago
It would be interesting to see if tech community can provide more useful and technical resources in blockchain space. I plan to update this github page based on those recommendations.
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Understanding blockchain(github.com)
2 points by whoisninja9 9y ago|1 comments