xur17

43 ms·

811.
by xur17 6y ago
RealT.
812.
by xur17 6y ago
There's a company that purchases properties and rents them out, wraps them in an LLC, and then assigns ownership of the LLC via crypto tokens (this ownership is written into the LLC docs). Owners of the tokens then receive monthly paym
813.
by xur17 6y ago
Is the Nyan Cat a security?
814.
by xur17 6y ago
I've used Poly.market a few times and been pretty happy with it - they use a second layer network, so after depositing, trades are fairly cheap (you just pay a market maker fee, no crypto miner fee as far as I can tell). Downside is th
815.
by xur17 6y ago
People are not mining Bitcoin on videocards.
816.
by xur17 6y ago
Yes, you could easily do this for 10s of millions of dollar right now on a number of exchanges. As you go up, you might need to find OTC desks, etc, but it's still very doable.
817.
by xur17 6y ago
Lightning network usage is alive and growing. Numerous merchants and exchanges all accept it.
818.
by xur17 6y ago
Tezos uses proof-of-stake and launched a little over 2 years ago.
819.
by xur17 6y ago
No it isn't.
820.
by xur17 6y ago
> Also the fact that you can convert US dollars to investments instantly instead of consuming basically extends the same situation, yet we still spend when we need to. I've actually wondered about this -> why not use the SP500 as
821.
by xur17 6y ago
How do you update the copy that is with a trusted party in a different state (and how do you track which accounts are stored on each)?
822.
by xur17 6y ago
This is one thing I hate about these keys though - some services only support one key, and for ones that support multiple, I struggle to figure out a storage system for my backup key. I don't want to keep it with me (because then I am
823.
by xur17 6y ago
Yes, I use it quite frequently. Quite a few wallets support it, and a small but growing list of merchants / exchanges work with it: * Bitfinex * River financial * Fold App * Bitrefill * OKEx
824.
by xur17 6y ago
Some merchants do pass the savings on to the user for using Bitcoin vs credit cards, and there are ways to pay with Bitcoin (lightning) that involve negligible fees.
825.
by xur17 6y ago
> Edit to add: Many replies are acting as if it's difficult to automatically, digitally track conversions and taxes, to then pay your taxes? It's a digital "currency" we're talking about here. As someone who has
826.
by xur17 6y ago
If you think lightning is a "trusted payment system", you clearly don't understand how it works.
827.
by xur17 6y ago
Exactly - and I can say from experience that this does generally happen. I manage a node that receives significant amounts over lightning, and channels are typically reused with batch "loop out transactions" that free up liquidity
828.
by xur17 6y ago
> The energy that goes into a Bitcoin transaction doesn't just pay for the one transaction. No energy "goes into a Bitcoin transaction". A block with 0 transactions and a block with 100 transactions will both take the same
829.
by xur17 6y ago
To each their own.
830.
by xur17 6y ago
If you see something like the CryptoEuro taking off, doesn't it naturally follow that there would be a cryptocurrency that would take off that was global, and not issued by any individual country?
831.
by xur17 6y ago
The issue is that all of the platforms people want to interact with right now tend to be on Ethereum (which is part of the reason it is so expensive).
832.
by xur17 6y ago
I've played around with it a bit. I actually found a juicy arbitrage opportunity, and was trying to use it to chain a few trades together to take advantage. Unfortunately it didn't support one of the trading platforms I needed to
833.
by xur17 6y ago
And scaling. Transaction fees have gotten insane lately, scaling solutions cannot come soon enough.
834.
by xur17 6y ago
That's one thing that I've really enjoyed so far - a lot of these projects are essentially lego bricks, and I can (and do) try and understand how all of the different pieces fit together. That's something that certainly isn&#
835.
by xur17 6y ago
100% this. I work at a merchant that accepts Bitcoin for payment, and 90+% of our volume comes in over lightning (a layer 2 solution built on top of Bitcoin).
836.
by xur17 6y ago
I think the issue in the US is that it has only been tried at a store level rather than at a state or country level.
837.
by xur17 6y ago
First of all, congrats on your success! Do you have any plans to productionize TinyPilot (pay someone to manufacture the entire device rather than selling kits)? I'm definitely in your target market, but I'd rather have something
838.
by xur17 6y ago
Why did they settle slower?
839.
by xur17 6y ago
> I'm sorry, but it is a fact of banking that you can never, ever, admit to having liquidity issues. If it triggers a bank run, then the firm is dead, and, notably, not only the employees and managers of the firm suffer, but also th
840.
by xur17 6y ago
This is only true if 1 unit is treated the same as 100k units, and it is not.

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