xur17

35 ms·

451.
by xur17 4y ago
You absolutely can do this (I just signed up for an account). That said, it isn't 0 risk (nothing is) - they could technically fail to redeem, and then you'd lose your money. If you think they will redeem, this is indeed a good tr
452.
by xur17 4y ago
> There are people "in crypto" who believe the FDIC will make good any losses on their investments Do you have a source for this? I'm heavily involved "in crypto", and have not seen any indications of beliefs lik
453.
by xur17 4y ago
Yeah, I was pleasantly surprised to see that they directly swap without holding customer funds (for any longer than the actual trade takes).
454.
by xur17 4y ago
And if there isn't, I'm curious if there are other US exchanges that are structured in such a way (acting as a trustee for customers).
455.
by xur17 4y ago
> Coinbase users would become “general unsecured creditors,” meaning they have no right to claim any specific property from the exchange in proceedings. Their funds would become inaccessible. I'm curious about this bit - are they re
456.
by xur17 4y ago
Haha, I totally get where you're coming from. From my perspective, I will say that compared to other "investments", I really felt like I could understand the risks with UST. I had money invested, but because I understood the
457.
by xur17 4y ago
I mean.. it's been sitting at 75 for a bit - there is definitely some support.
458.
by xur17 4y ago
I'd argue that UST / Anchor is more transparent tbh. Anyone can read the source code, or (more accessibly) the docs and get a pretty good understanding of how it works. For example: UST [0] - anyone can mint UST by burning $1 wort
459.
by xur17 4y ago
I was trying to understand how it works, and it looks like there are 2 things at play here. First, UST can always be burnt for $1 worth of LUNA (determined based upon the price the oracle establishes). There appears to be some sort of rate
460.
by xur17 4y ago
What do you mean by a honeypot? Both are pretty well trusted devices, and users easily have tens of billions of dollars deposited on them. Given that, I feel pretty comfortable using them for 2fa.
461.
by xur17 4y ago
Has anyone tried a Ledger or Trezor device for something like this? Your FIDO U2F private key is deterministically generated [0] based upon your seed phrase, which you can backup, and restore on other devices. [0] https://www.red
462.
by xur17 4y ago
I realize FIDO is better than TOTP since it prevents phishing attacks, etc, but as a user, the ability to backup my seeds is extremely convenient.
463.
by xur17 4y ago
This. For a while I tried to keep a list of accounts I needed to add my offsite key to, and then every year or so I'd retrieve the key, and add in bulk, but that became way too complicated. While not ideal, I'd be happy if I could
464.
by xur17 4y ago
> How do you stop people debiting your account with whatever they want? Short answer: you don't. Long answer: robust "fraud" controls. It's a shit-show.
465.
by xur17 4y ago
> Every tech company is losing the war against credential stuffing. I have a friend working at a series B startup with <10k MAU, you wanna know how many login attempts there are each month? 25,000 login attempts. Per user. That's
466.
by xur17 4y ago
> Further, some cards do settle near immediately: https://usa.visa.com/run-your-business/visa-direct/small-bus ... I'd argue that isn't really "settlement" though. The funds do arrive (which
467.
by xur17 4y ago
It looks like it changed pretty dramatically since you posted (it's now at a 24% chance of occurring before the end of the year). This site [0] uses actual money, and more closely lines up with what I expect (although still more pessim
468.
by xur17 4y ago
I think GP's example of the Apple store line matches a lot better. The high fees on Ethereum were for 2 or 3 hours, similar to Apple's line when they sell a new phone. If you don't absolutely need to run a transaction during
469.
by xur17 4y ago
I'd say I'm 95% confident that it will be within a year. The code is written, and multiple waves of simulated merges have occurred. The last 2 found small, non-blocking bugs that were fixed, so it's a matter of when, not if a
470.
by xur17 4y ago
I'd be happy to make a bet based upon this statement.
471.
by xur17 4y ago
> Instead of talking about these "gas fees" in terms of their monetary value, we should measure them in terms of tons of CO2, or perhaps its equivalent acres-of-the-Amazon-rainforest-lit-on-fire. I'm 100% serious. That&#x2
472.
by xur17 4y ago
Coinbase has a U.S. bank account with a debit card, and there are a number of other smaller companies with similar products.
473.
by xur17 5y ago
> A median is one such average. By wanting to know the mean or the range shows that you're trying to cherrypick the result you want. I think GP is just trying to make sure we're comparing apples to apples. To me it almost comes
474.
by xur17 5y ago
> The national percentile doesn’t really matter when your income is not portable, and you can’t just move and take it with you. With remote work, it's a lot more portable than you might think.
475.
by xur17 5y ago
If he takes the company private, does he have a fiduciary duty to it?
476.
by xur17 5y ago
And we're definitely in a spot right now where folks that can pay off their loan are holding off in case the US forgives all loans or something. A perverse incentive that is going to boost the number of student loans that are not paid
477.
North Korean State-Sponsored Apt Targets Blockchain Companies(cisa.gov)
1 points by xur17 5y ago|0 comments
478.
by xur17 5y ago
Agreed. At a bare minimum, I'd love a way to bulk unsubscribe from mailers like this. It's a waste of my time, a waste of money, and bad for the environment.
479.
by xur17 5y ago
I think people are betting that it might come back, or get bailed out by some investor. Wormhole, which lost hundreds of millions was bailed out by a VC within a day or 2, so there is definitely a non-zero chance it could happen.
480.
by xur17 5y ago
I will say, it does give me some confidence in the platforms that have been around for a while, and have billions of dollars deposited.

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