xur17

95 ms·

841.
by xur17 6y ago
You are. I believe they have to preannounce something like this, which would cause the price to instantly drop. In addition, the public backlash they would receive would likely be overwhelming.
842.
by xur17 6y ago
The supply of Bitcoin being limited absolutely is relevant, and you can buy partial shares of stock (not sure if you can go down to a hundred millionth, but not sure that's relevant). The point is that Gamestop can issue new shares,
843.
by xur17 6y ago
Agreed. I think the smart play is to come out with a grand plan that hopefully entices some people to hold onto their stock and keep the game going. Possibly use this to convince people that a small issuance of additional shares to do X w
844.
by xur17 6y ago
It also seems like a good way to stave off lawsuits (valid or not) by keeping everyone on his side.
845.
by xur17 6y ago
Honestly, just the utilization of stablecoins for interbank transfers would help with a ton. I acknowledge that it's technically possible to update the existing system to just support faster settlement, but given how long we've
846.
by xur17 6y ago
It feels like slow movement of money in our financial system causes a lot of these problems. Customer deposits take several days to settle (during which time Robinhood has to front the funds). Settlement of the stock trades / transfer
847.
by xur17 6y ago
*some customers don't want. I personally would love to have the option in return for a portion of the 2-3% + fraud fees.
848.
by xur17 6y ago
> That being said, I do have a business accepting card payments and the 2-3% for me is closer to 0.1% past bank fees. Are you saying that you only pay 0.1% in fees for accepting credit cards? Is this in the US? If so, please tell me whom
849.
by xur17 6y ago
This does make the advantages of stuff like Ethereum dexes (uniswap, etc) a lot more obvious.
850.
by xur17 6y ago
Bitcoin is a bit different though. Gamestop shares can't be traded freely / directly p2p. You can't self custody your Gamestop shares. Gamestop can issue new shares, majorly diluting the supply, etc.
851.
by xur17 6y ago
Is it actually illegal to do this (not should it be, is it)?
852.
by xur17 6y ago
> I am way more productive remote and it isn't even close. While I do like the social aspect of the office, it is such overkill. I agree with this viewpoint, and (post covid) there are options for replicating at least some of the so
853.
by xur17 6y ago
> We have no idea how widespread the disease is, but it’s certainly less spread and deadly than feared. These 2 statements seem to contradict each other. If it's less spread than feared / reported, that would mean it's mor
854.
by xur17 6y ago
> Given 25 million have tested positive, by the prior estimates, that means a likely 250 million Americans have already gotten covid [4] Considering there are 328 million Americans, that would mean 76% of Americans have had the disease,
855.
by xur17 6y ago
Any chance this could work with a chromecast device (I imagine it should be fairly easy since they can be directed to display a webpage).
856.
by xur17 6y ago
> Basically if you put $1000 of capital into the pot for making flash loans, then you are foregoing the X% / year that you could earn on interest, i.e. you are losing money. The funds aren't foregoing interest in all cases thou
857.
by xur17 6y ago
That still feels better than trusting another blockchain (ETH) and a custodian.
858.
by xur17 6y ago
Use of WBTC requires you to trust an intermediary to hold your BTC, not exactly the same as native BTC smart contracts.
859.
by xur17 6y ago
> Here if I eat junk food for 3 days my weight jumps by 7 pounds. If you are gaining 7 pounds in 3 days, I imagine the vast majority is just water weight, which can probably be attributed to the salt levels in the junk food more than any
860.
by xur17 6y ago
One of the reasons I personally don't want tech industry unions.
861.
by xur17 6y ago
I think it depends upon the environment. What the GP said definitely resonates with me, but only at places where I had a large amount of control over what I worked on, and felt like my decisions / work affected the outcome of the compa
862.
by xur17 6y ago
It's depressingly normal, and it doesn't feel like there's much you can do to help it. Wear a mask, avoid social gatherings, etc, but beyond that I'm at a loss as to what an individual can really do to help, hence the ap
863.
by xur17 6y ago
Are you really saying that some wealthy people specifically choose to hold extra cash at a loss to themselves to prevent inflation from occuring? It seems like this would easily fall into a tragedy of the commons situation - do you have any
864.
by xur17 6y ago
When did I say I was providing a source for not being able to redeem tether? I'm just linking to information that I found useful when forming an opinion on the matter.
865.
by xur17 6y ago
I somewhat agree, but it's also a chicken and the egg problem - everyone uses USDT as the primary pair because everyone wants it, and everyone wants it because that's what every other exchange offers. Exchanges can offer another s
866.
by xur17 6y ago
Right, and coinbase offers USDC as well. The problem is the long tail of exchanges overseas that only offer USDT.
867.
by xur17 6y ago
Because way more exchanges offer USDT trading. USDC / DAI are both fairly new, and aren't offered as trading pairs nearly as frequently.
868.
by xur17 6y ago
https://tether.to/faqs/ > Unfortunately, Tether has decided to stop serving U.S. individual and corporate customers altogether. As of January 1, 2018, no issuance or redeeming services will be available to these use
869.
by xur17 6y ago
I agree, and it does surprise me, but I think it's a mix of 1. tether has been around a lot longer and is on a lot more exchanges 2. tether is.. less well controlled by US regulators and hence better for.. questionable exchanges to lis
870.
by xur17 6y ago
The graphs show a strong correlation between printing of USDT and the Bitcoin price rising, but it's not clear to me which one triggers the other. Interestingly, USDC seems to follow similar minting patterns, and they post quarterly au

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