discombobulate

He's there to make the business work. It's not a charity.

> US cryptocurrency regulations are to protect US residents/investors, they are instead leading to the exclusion of US residents from everything cryptocurrency-related

Crypto assets cause nation states to hit themselves in the face. It's crypto judo.

Spotify?

Edit: Tons of playlists. No vocals.

I'm not sure about bcash!

Edit: agreed on the token sales, currently. Difficult to get a feel for the price.

How tested is the tech? It uses tangles instead of a blockchain, right?

It's a Chinese Ethereum, as best I can tell.

r/Monero. See for yourself.

I don't think coinbase are going to add Monero. It's too much like cypherpunk money.

*Crypto currencies.

Without cryptography, we may fall into 1984 -- or something like that. Cryptography grants us privacy.

They do that for their benefit, & for the benefit of their regulator bedfellows (I think). The SEC, for example, dare not mutter the word 'crypto', confirming that Bitcoin et al do actually exist!

Coinbase uses the term 'digital currency' to -- I believe -- placate NY regulators & to support their regulation moat.

You're correct: if crypto currencies were digital currencies there would be no advantage. However, crypto assets are decentralised & resistant to censorship. The power shifts away from the nation state (& Trump), & toward individuals.

That's questionable. I believe there may be an issue with the economic model if there aren't sufficient transactions (once the issuance starts to slow). Not enough crypto for the miners. They then don't support the network. The network is then less secure. The price then reflects the lack of security.

There's thinking that the winning crypto(s) currency will be both gold + currency.

It's 'crypto currency'. It's not centralised M-Pesa (African digital currency created by Vodafone), or PayPal.

If you don't understand what it is, you may buy the wrong crypto asset. I think it's fair to say it's a good idea to know what you're investing in!

I think this is part of the answer. Education is a business like anything else.

Token sales may end up being worth a ton of money. There's going to be competition.

Too good!

I think I'm wrong here.

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HN throttles comment time. Annoying. I don't want to give away my ideas/time enough to tolerate shit like that!

Mea culpa.

I don't remember that. @.

Looks like the Bitcoin laws are v favourable in DE. You can pay taxes in BTC(!) & BTC is a unit of account[0]. That makes sense if the memory of WR hyperinflation is written to the citizens' mind.

[0] https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country...

Did you learn about the inflation @ school? In the UK we weren't taught about the Weimar Republic's hyperinflation (in education up to 16 y/o). My friend who did history @ a more advanced level was, however.

Not significant use. Use. I guess there's two questions; 1) does something work? 2) is it popular for a given case(s). This relates to the delta vs substitutes. In the long run.

1 is yes. 2, I believe it will be. We haven't seen 2 much yet b/c time hasn't occured.

A) wires are better, as far as I can tell. For speed.

B) traditional VCs are investing in token sales, today.

C) crypto hedge funds are open today.

I never claimed there was significant use. I would argue it's a functioning system & there are strong value props (better than alts).

You know there isn't significant use. You want to wait? Wait. I'm fast follower. I like to benefit from new technology. Startups/hackers. That sort of thing. I think other ppl can benefit if they have a look. 99/100 hype is bs. Sometimes though.

It's good to be sceptical. I was.

By 15% penetration, I don't think I can get a 100x return. I've invested aggressively. Don't think that's possible even @ 1%.

I'm probably going to be holding some of the assets for a decade. Something like that. Unless the whole thing tanks.

Good investment opportunities don't come around vary often. By the next one I should have made the money back (& more).

The entire crypto-economy is worth something like 70B. Way smaller than Facebook/Goog/aapl. If you want a sure thing, crypto ain't it! I do think it's a good bet, though (asymmetric).

I've used Bitcoin again instead of a wire. Wires don't go on the weekend.

Just checked. Most of them are real

Edit: you seem to not know they are real, because you haven't looked into it. Because you don't think it's real. Maybe someone else told you when you asked, but you didn't listen?

Edit2: Howard Marks -- the investor -- recently said bitcoin wasn't real. So you're not alone in thinking x-real-thing isn't real!

Bike network effects!

OK. Good of you to apologise.

I bought some rapamycin. It's an immune suppressor for an autoimmune disorder.

& A few other anti-inflammatory medications. & Other bits & bobs.

I've given a list of other use cases.

I've bought modafinil before. That's legal, also. I try & be open about things. Helps against cunts who try & attack me.

Edit: bought the Moda with a CC, I think. Not from a pharmacy.

It's legal to import prescription drugs to the UK.

P2P payment is a big one. I think kids may use it, since they can't get PayPal et al(?). Thought of that yesterday. That's a generation growing up with crypto.

Investing in startups around the world is new (via token sales).

Investing in uncorrelated assets is valuable. Eat gold.

Browser micropayments could get big (Brave browser). Ppl may even get paid for attention in the future.

Iota for the internet of thing (haven't looked into that much).

Hedge against fiat inflation.

Internet ported to decentralised infra if Trump etc start pulling 1984 bs.

Self-driving cars paying toll road via crypto (just made that up).

Solar panels off-setting their cost via crypto-mining. Then ppl have crypto to spend.

Decentralised file systems.

Decentralised storage.

That's a few whilst I whale on my legs.

An exemplar of why !to day trade crypto. At least to me.

I trust cryptography & networks. I've lived a large part of my life on networks. Never talked to a politician.