andirk

The ethical angles of AI are debatable, but how a company frames their own product as so superior that it went rogue and successfully attacked all the things should be critiqued and not believed until otherwise proven.

It's a race, and a speculative one, so flexing _constantly_ to stay seemingly ahead is expected.

You are correct about the negative aspect of deflationary, but if you believed in your view, then why did you not grab a bag?

Very cool! Need the Android app. Do you need any help building/porting it? React Native?

As others have mentioned, it reminds me of Foursquare of years ago that a lot of us miss.

It's opt-in. Big difference between opt-in and a surveillance state that does whatever it wants carte blanche. The latter will still, of course, use and abuse the former. All my check-ins are belong to "Illifion"! Or wtf named ad company.

Compare to stonks or precious metals and it's a similar, mostly unknowing situation.

I moved some BTC from Coinbase today, which is a pricier option, and they took a house rake of 1.8%. Other moves cost way way less, especially if not in a hurry and the network isn't busy.

My situation compares to a remittances transfer like Western Union https://www.westernunion.com/content/dam/wu/EU/EN/210439812_... which charge about 4%+.

Cash-to-cash is free, but it loses value while it sits under your mattress.

> but ran companies that were just casinos and actually could have simpler operations without the crypto parts

Creating a product for the sake of using a technology is a flawed order of operations. However, the glitz and glamour of a new money for a new internet is enticing with a lot of promise. I'm a crypto bro, but my crypto confidence has waned recently. My confidence in the USD has also waned.

What is a proprietary crop?

TLDR it wasn't tied to the fishing rod like a lure. That's what I was hoping.

Or that people commonly make their purchases via corporations. "Issued" can mean a lot of things.

You already stated what is wrong with you. Should be interesting to see the final mastication.

"Developed by Iran’s Ministry of Economy, it accepts payment in Bitcoin and other digital assets as part of the regime’s attempts to bypass Western sanctions."

The one mention of bitcoin.

HN is very, very bitter about being there at the beginning of an interesting, fun, and promising technology that could have easily enriched them. Bitcoin and crypto is very on topic, but pricing not so much.

My understanding: As rstuart4133 mentioned, the rules were changed to 1) allow a partial IPO, 2) forego proving several positive quarters beforehand, 3) allow weird as hell lockout rules such as pre-IPOers to exit after 1 day.

Maybe it's all innocent, or it's an intentional transfer of wealth.

I think they're selling because they're raising money for dividends and such. The word "quantum" isn't even mentioned in the article, nor has anything to do with MSTR selling btc.

There is no singular mind to bitcoin. Watch CNBC for 1 week and you will see stonks trade a 40x their worth and rise and fall for no reason anyone knows. It's not that much different than assets that are traded on speculation far more than any factual tangible worth.

Being "a" player in a multi-billion $ industry is also pretty good. For example, Bing gets some small % of the search engine market, but that's still a ton of market and $. And Foursquare/Swarm is used by like 0.01% of the population, but they can still map the exact floor plan of Macy's and that Chipotle will lose 30% of their share value from people shiitting blood (both were extremely accurate).

And then Bing gets a pretty big upgrade: ChatGPT. And here we are.

The BTC was worth some 500 large quid when it got tossed. Claude will tell him to be more careful of all of his belongings. I personally have every hard drive I've ever owned, but this guy insisted on throwing that one in the "tip".

Ver cool! Except FYI that it started crashing my browser before I had to run away.

My specs:

- Brave browser

- Tons of tabs open

- Macbook Pro Intel chip

Currency is the most useful when it changes hands constantly. I have mattresses. You have cookies. He has milk. I buy cookies and milk. You buy milk and mattresses. He buys mattresses and cookies. That's better than all of us in a standoff because we don't want to use our currency. Horrible analogy.

The article states it's just a fork, AKA a separate coin that copy/pastes the current Bitcoin ledger. Even if every dev wants this, that is a "hard fork" (not backwards compatible), and creates a new version of the coin. Ex: if you want to add a smiley face to some Bitcoin log output, you 1) make the change, and 2) nothing happens until 3) miners agree to use that new version.

Look into "Bitcoin Cash", a near identical coin except it has a larger block size. Completely different token and therefore has 0 effect on Bitcoin.

Headline should read: "Person wants to create a Bitcoin fork, like has been done many times, and does nothing to the original Bitcoin ledger"

And his company's tagline is "Make every transaction a Bitcoin txn." Make it a what?

Heck no. There was this app "Bump" that exchanged info between 2 bumping phones. Google bought it and immediately buried it forever. There's ZERO reason exchanging info is still a chore. There are currently bumping features baked in to the OSs, so there is value.

Very cool! If not for the $, for the fun. And you met your on OkCupid, so you can be the cupid this time.

- Make a blog about this on the domain. I'll follow!

- What do the logs say re: traffic? I see lots of links to the domain from articles about social media c. 2012

- What's your tech stack??

Value is in the eye of the beholder, as you clearly understand. The commenter is not familiar with how trade works. Personally, for such I transaction I will need to audit to ensure the projected value is accurate.

Also, do you have a sample of said squirrel drawing? I have a squirrel book that might pair nice with it.

There was stated value on both ends of the potential transaction.

And this is Hacker News, not 4chan or Twitter. Comments are for insight, discussion, etc. But maybe you're just young or not very bright.

The link could use a blog article with a tagline and a TLDR and use cases. It _sounds_ like a great idea nonetheless.

The feature of a deflationary currency is much better than constant money printing. But, as I have learned through light studying of currencies, a huge negative aspect is its encouragement to horde.

I spend my BTC occasionally on my degenerate sports gambling, and then I return some of the winnings back into BTC. I also rarely spend my stonks.

Can I get a TLDR?