ye

10 ms·

31.
by ye 13y ago
I actually do feel that gold is too inflationary to store value. Many people simply don't realize at what scale it's being mined and how much of gold there's in the universe (hint: more than enough to build gold toilets for e
32.
by ye 13y ago
Your explanation doesn't make sense. If you actually do look at what happened with the inflationary dollar since the "late 19th century", it lost 96-97% of its purchasing power due to the monetary inflation. Which means that
33.
by ye 13y ago
Oh, but you conveniently omitted what happens after. 10, 20, 50 years. The truly important difference is that Bitcoin has an absolute upper limit, but Doge doesn't anymore. It matters. Scarcity is an important factor for holding value.
34.
Ethereum: programmable cryptocurrency, just launched(youtube.com)
2 points by ye 13y ago|0 comments
35.
by ye 13y ago
Argentinian Peso: http://www.xe.com/currencycharts/?from=ARS&to=USD&view=1Y
36.
by ye 13y ago
Am I the only one shocked by the lack of comments in the code? It's literally a wall of code.
37.
by ye 13y ago
> Yet it's still difficult for people working low wage jobs to afford food, Food is dirt cheap compared to housing, especially if you shop smart.
38.
by ye 13y ago
[deleted, i'm an idiot]
39.
by ye 13y ago
[deleted, i'm an idiot]
40.
by ye 13y ago
Because side projects never ever ever become successful?
41.
by ye 13y ago
In Illustrator you don't have to do step 1 or 3.
42.
by ye 13y ago
In, it doesn't.
43.
by ye 13y ago
Ah, sorry. It works in such a non-obvious way, I missed it.
44.
by ye 13y ago
This is not an alternative to Illustrator. It's a very very basic vector editor that doesn't even let you rotate things, import any standard vector formats (SVG, EPS, AI, PDF), have dotted outlines, distort, curve the text, etc et
45.
by ye 13y ago
Doesn't mean one can't create a better testing machine than a human.
46.
by ye 13y ago
Bitcoin is almost always the least profitable coin to mine. Doge currently is the 2nd most profitable to mine: http://www.coinwarz.com/cryptocurrency/
47.
by ye 13y ago
Bitcoin, assuming I'd does as well as before, can help against the inflation, which hits the poor disproportionately hard. And it allows to bypass the stupid laws and let's you do the online shopping almost anonymously.
48.
by ye 13y ago
Argentina is now the primary candidate for Bitcoin adoption. High GDP. Crazy inflation. Corrupt stupid government. Totalitarian-style financial laws. Easy widespread internet and mobile access. Not enough dollars.
49.
by ye 13y ago
You're still confusing the burden to pay taxes under the penalty of law in one particular country with value. You have a fundamental misunderstanding of what "value" means. > That company doesn't pay the US governmen
50.
by ye 13y ago
First of all, I can pay taxes in Bitcoin. There's a company that handles it for me. Second of all, your dollar's "intrinsic value" being an American criminal law makes zero sense. It's geography-specific. Suddenly i
51.
by ye 13y ago
How is that a value? Even if it is a value in some bizarre universe, it's not intrinsic, but an external one.
52.
by ye 13y ago
> the dollar has intrinsic value in that it is backed by freedom from being prosecuted by the US government for non-payment of taxes Do you realize how little sense you're making? It's like you wanted to insert meaningless bu
53.
by ye 13y ago
Isn't that illegal? Discrimination based on gender, which the organizer openly admits to: "We want to give priority to women". http://en.wikipedia.org/wiki/Civil_Rights_Act_of_1964
54.
by ye 13y ago
But transfer fees and payment fees won't go away with fiat. Credit card fees eat into many businesses' profit margins, especially the ones with low margins. And that's not the only Bitcoin's advantage.
55.
by ye 13y ago
Does dollar have an intrinsic value? Actually, can you even define "intrinsic value" without going in circles or defining it simply as current value?
56.
by ye 13y ago
Which means if you place a buy ad at $819, you will have the best buy offer, and you will be the first one the sellers will go to.
57.
by ye 13y ago
Yeah, you described pretty much the worst case scenario where everything goes through fiat. But once Bitcoin penetration is significant and people start getting paid in Bitcoin (already happening) and accept it as payment (also already happ
58.
by ye 13y ago
Doesn't matter, your "few dozen" was a complete lie.
59.
by ye 13y ago
Yeah, but miners get obsolete very quickly, since the difficulty is growing exponentially.
60.
by ye 13y ago
> They list a few dozen small online stores that sell real hard goods Dead wrong. There are 2,700 physical stores that accept Bitcoin listed here: http://coinmap.org/ Plus there are 90,000+ online merchants that accept

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