Hacker News Reader

ccjnsnon Losses at Revolut more than triple to £106m

This is incorrect see:

https://www.fscs.org.uk/check-your-money-is-protected/

Type in revolut.

The money is ring fenced usually in a too big to fail bank.

Edit:

Though they have a banking licence in Lithuania and may be insured there?

>Particularly in the developing world, people would benefit from for-profit organizations that are responsive to their needs as opposed to non-profits who work for rich donors and mindless governments.

If there was profit to be made there would an business filling that need.

A foodbank in Detroit or non profit school in Ethiopia for girls are there because business and the like aren't.

ccjnsnon Stripe Corporate Card

Stripe want to be a fullstack business bank.

Stripe Payments. Stripe Capital. Now a card.

I welcome it, business banking is huge and needs pushed forward!

ccjnsnon Oak, a Free and Open Certificate Transparency Log

Interesting model having a firm sponsor a specific part of the infrastructure. Don't think I've seen this before, reminds me of sports style sponsorships.

Great that lets encrypt gets funding, long may it continue!

ccjnsnon Microsoft, currently the most valuable company, is having a Nadellaissance

What you say is true, was a good move buying in.

Though the big corporate user base is not a certain success, IBM is a testament to this.

(Was going to say Oracle too, they haven't had a stock surge comparable to Microsoft but seem to be growing (some how?))

ccjnsnon Crypto Market Roiled by New Allegations Against Tether, Bitfinex

For something pegged 1:1 with the US dollar a 1.4% decrease is quite unusual.

It's volume is 2nd only to Bitcoin per [1]coinmarketcap.

With your 3rd point about pricing changes, yeah correlation/causation, it's a theory that is plausible though.

1.coinmarketcap.com

ccjnsnon Antarctica: Thousands of emperor penguin chicks died in 2016 weather event

As I post this almost all top thread comments are dismissing this article.

Really disappointed in this kind of response to an article about a worrying ecological change which is undisputedly due to climate change.

How is climate change still such a contentious issue?

ccjnsnon Coinbase Debit Card

How does capital gains tax work with this?

For example you've been sitting on a pile of bitcoin with massive gains and spend it straight out of the account.

ccjnsnon ‘The Wolf of Wall Street’ film was also a real-life scam

A film about financial scams was funded in part by a financial scam.

Is this not ironic?

ccjnsnon Yann LeCun, Geoffrey Hinton and Yoshua Bengio win Turing Award

Depends with what bias you want to read the data.

It could mean no one needs to Google turing award because everyone knows what it is and don't know what the Turing test is.