xur17

53 ms·

721.
by xur17 6y ago
Buying very well might be a better option for you, but there are downside you aren't listing from owning: * high transactions costs (if you decide to move after a few years, say goodbye to all of those savings) * lower liquidity (if yo
722.
by xur17 6y ago
I've noticed this as well - for house rentals in my area, the size seems to scale with price, and there doesn't seem to be anyway to scale up quality (there are some exceptions to this, but it's mostly true).
723.
by xur17 6y ago
Honestly, it is a decent use case. Sell NFTs that grant the owner the right to play / use a certain song, movie, ebook, etc. Ideally have some sort of file storage layer that only grants the ability to stream the content if you own the
724.
by xur17 6y ago
How has lightning network re-invented paypal? One is a custodial way to store and transfer money, another is a decentralized non-custodial way to store and transfer money. It couldn't be more different.
725.
by xur17 6y ago
I agree that "my friends and family aren't rushing out to buy NFTs", but what makes you think it's self promotion? I honestly think it's pretty neat that a collection of random people were able to pool capital and &
726.
by xur17 6y ago
Interestingly it was a dao that purchased the NFT [0]. [0] https://decrypt.co/66933/why-this-dao-bought-snowden-nft
727.
by xur17 6y ago
Because all of the money and users that you hope use your killer mainstream app have to come from somewhere - a brand new blockchain makes your app that much harder to launch. In addition, your killer mainstream app may only be useful insid
728.
by xur17 6y ago
Is that true over short time periods for stocks though? I get the sense that publications / news media can come up for reasoning on why a stock went up or down after it occurred, but I'm not convinced it's truly causation in
729.
by xur17 6y ago
Interestingly, some crypto assets do have revenue streams. Ex: uniswap has an optional cut that their governance token can take of fees, and their fees aren't minuscule ($5M over the past 24 hours). Other assets like Ethereum can be st
730.
by xur17 6y ago
I'm not sure how that's relevant?
731.
by xur17 6y ago
I hear this statement repeated often, but it's really not true. Even if lightning network channels ended up pooling to larger liquidity providers for efficiency reasons (less channels of larger size), you still are not ever giving up c
732.
by xur17 6y ago
The funny thing is.. they really aren't tiny right now [0]. Average fees are currently > $1 for Dogecoin. [0] https://bitinfocharts.com/comparison/dogecoin-transactionfee...
733.
by xur17 6y ago
Monero uses PoW mining as well.
734.
by xur17 6y ago
I honestly think stablecoins on a layer 2 network have a good shot assuming merchants find a good way to incentivize it over credit cards.
735.
by xur17 6y ago
You can still buy pizza and games with BTC. If anything, I'd argue that the market for this has increased.
736.
by xur17 6y ago
How so? Isn't it just taxed as normal income at vesting time? Most employers automatically sell enough to cover the tax withholding to solve any issues.
737.
by xur17 6y ago
A good example of that [0]. Amazon is quoted as saying that hourly employees prefer the "predictability and immediacy of cash to RSUs", and I imagine Amazon would prefer to give RSUs, so this is probably accurate. [0] https:&#x2F
738.
by xur17 6y ago
I agree that there's a ton of money floating around / frothiness, but what's inherently wrong or ill-advised about investing in future cashflows of a person. Assuming you diversify across a bunch of people in a bunch of fie
739.
by xur17 6y ago
> The whole the US government essentially gives away 737s at a loss to employ people might be one part of it? Do you have more information on this? Is the US government subsidizing aircraft manufacturing or something?
740.
In Defense of Signal(yorple.medium.com)
65 points by xur17 6y ago|99 comments
741.
by xur17 6y ago
> If Signal was serious about this they would have launched their own fork instead of pitching a pre-mined coin to their users. Agreed. They either would have launched their own fork and distributed the vast majority to their users, or a
742.
by xur17 6y ago
> When I took the moissanite to a jewelry store to get it mounted, the "fake" diamond detector actually said the moissanite was a diamond! I was actually very surprised to see that, and I was candid in the fact that I brought t
743.
by xur17 6y ago
No.
744.
by xur17 6y ago
Honestly, we shouldn't have to worry about publishing those, but banks like to use them as "proof of identity" for some stupid reason, so sharing them can cause problems.
745.
by xur17 6y ago
> Emphatically, yes. The best startups in their early stages do not want thousands of mom&pop cheques and investors to manage, they want a small number of smart money, value-added investors. The need for public investors to have tran
746.
by xur17 6y ago
I'm not 100% sure of all of the reasons - I imagine some of it is defi being harder to access, some of it is the increased risk (uncertainty / it's reasonably new), some of it is removal of middlemen, and some of it is incent
747.
by xur17 6y ago
10% cashback is probably pushing it unless the wallet is giving away "platform tokens" as a growth hack at the beginning. 2 to 3% is probably more realistic given what merchants pay credit card providers. Long term, if merchants w
748.
by xur17 6y ago
> I see a lot of crypto enthusiasts speak highly about NFTs which I find odd. They generally have very well thought out and reasoned arguments for Bitcoin as a digital store of wealth, but then they go into NFTs and talk about scarcity.
749.
by xur17 6y ago
I'm guessing they are looking forward to the point at which "everyone that wants a vaccine can get one", at which point safely opening an office building should be doable.
750.
by xur17 6y ago
> You can make a lightning transaction, drain your bitcoin wallet before it verifies, and no amount of watching the chain will get the seller back whatever they traded you for that transaction. Just because you identify the fraudulent tr

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