26 karma · joined January 1, 2018
It didn't quite work out for me in that industry at the end but I certainly did meet people outside by bubble + learn about how the industry works in a fairly detailed manner.
This is not the easiest thing to do, but I would highly recommend it if you have the chance!
I imagine there's a clause in the PCI compliance rules that allows raw card numbers to be sent less securely if they are virtual + single use card numbers or maybe if the liability of fraud on those card numbers doesn't fall on the "original" card holders.
Shift payments is another option in the US - don't think they're in the UK either.
I don't have data and so won't make a factual claim but can personally attest that work cultures can get significantly more aggressive / stressful / unreasonable at well funded + known tech companies in Asia. I don't think you realise how high up the totem pole Amazon is when it comes to work cultures and I also don't think you realise that there are many out there who like working at Amazon just because of it's work culture.
That being said, totally concede to the possibility that Amazon / Bezos _could_ have done questionable things starting up. I'm not aware of any but feel free to point them out.
- AWS was launched in 2006 when Amazon had < 15k employees.
- Kindle was launched in late 2007 with 20k employees.
- Echo was launched in 2014 with 150k employees.
It's no surprise he's the richest in history. Will be really interesting to see how he spends his money over the next 2-3 decades.
That said, I found the How I Built This episode with Perry Chen from Kickstarter quite insightful on the social enterprise topic: http://pca.st/episode/dbc5c113-aa4d-4d68-8da0-0befdf6809f8
If I'm not missing anything, I believe this must have happened because of unusually high levels of fraud on Bitcoin visa cards. Certain acquirers might've complained about abnormal amounts of "shady" volume from WaveCrest BINs.
Alternatively, Visa might have seen a settlement risk on WaveCrest's end. I.e. Visa might be worried that fluctuations in BTCs price would put WaveCrest in a position that they wouldn't be able to settle funds with Visa (and consequently the acquirers + merchants).
Any other ideas on what could've prompted this? I think if this was anti-BTC regulatory action, the prompt to turn off these cards would've come from WaveCrest's banking partners and not Visa.
There's a lot more advanced stuff out there (as you can see in the other comments) that I would touch on once I have a rough overview.
A lot changes in the crypto world month-to-month, and so forums like Reddit and Twitter are usually the best to stay up to date. Unfortunately, there's a lot of useless chunder on these forums you'll have to learn to filter to get access to the quality stuff.
Personally, I avoid the fanboys/girls and like following people who are more critical of the space. Because of this, I've discontinued following r/Bitcoin on Reddit (I'm sure there're smart people out there—there was just too much I didn't agree with and decided to leave).
Some of my favorites today are:
- patio11 on Twitter
- prestonbyrne.com website and Twitter
- buttcoin on Twitter
- Tim Swanson (ofnumbers on Twitter)
- Bitfinexd on Twitter
- http://thereformedbroker.com/2017/11/27/it-just-got-real/
I know this is more of a crypto pessimist crowd but I tend to agree with their views way more than the rest of the herd. I think they're a lot more rational and highlight some great things to look out for.
I would encourage you to fish for some of the rational optimists as well. If anyone has recommendations, I'm all ears!
https://goo.gl/Wb8YoH When Breath Becomes Air by Paul Kalanithi - Goodreads
https://goo.gl/gzGxAo Dying: A Memoir by Cory Taylor - Goodreads
As someone who has spent time working with the Ghanaian regulator on cryptocurrency education, I think they're very unlikely to do something like this (unless they're extraneously incentivised by something else or trying to do something fishy [ML]).
They could come up to the surface to recharge their solar batteries or maybe charge them using turbines rotated by the water movements.
They could remotely relay images and data to a publicly accessible services where they could be crowdsourced for interesting findings.
I think something like this could be useful for more than just the search for MH370 (oceanography, marine biology, etc.)
> The proposal is based on the power of discretion given to USCIS officials to decide on extensions to be given to H-1B holders waiting for Green Card. They could choose to extend from one to three years, and often chose the maximum of three, and granted some visa holders as many extensions as needed. “If it has been left to their discretion,” said a lobbyist. “They can theoretically decide not to grant any extension at all.”
A better title could be: Deportation of more H1-B holders possible as Trump admin proposes pushing visa ext. discretion to USCIS officials.
I don't know much about how the USCIS makes decisions — are they likely to decline all/most visa extension requests for Indians waiting for green cards?
I've always wanted to do something like this but find it to be too disruptive to my reading process. It makes reading feel more like work and less like fun.
Curious to know how you go about writing these out? Do you write them out while reading (say after a chapter or two?) or do you jot from memory after the read?
Completely agree that Google Photos (and the other data hosting services) could provide warnings to those new to this method of sharing — I wouldn't expect my grandma to simply know this.
Bitcoin can be made user friendly with a user friendly Bitcoin wallet app. Coinbase could streamline KYC by partnering with banks / regulators, request Uber rides in-app, or enable QR based merchant payments (basically make it's app exactly similar to Alipay/WeChat Pay).
None of that has anything to do with the success / failure of Bitcoin. Bitcoin is failing because it is not a good store of value for consumers at the moment. It's too volatile and too hard to acquire. It's more of an investment class asset than a stable store of value I can purchase and not worry about.
The Alipay vs. Bitcoin comparison doesn't make sense — you're comparing apples and oranges.
Building an ecosystem of services and checkout experiences is not an incredibly hard problem for a company like Coinbase to solve. The reason why Coinbase (and other Bitcoin wallet apps popular in China) aren't aggressively cloning the Ali/WeChat Pay experience is probably because a majority of their userbases hold Bitcoin for investment and speculation — not to make day to day payments. These wallets and exchanges are better off spending a majority of their time building for these investors / speculators.