HNHacker News
TopNewBestAskShowJobs

r32a_

217 karma · joined March 13, 2018

Cryptocurrency consultant and software developer.
submissionscomments
r32a_··on Bitcoin surpasses $50K as major companies jump into crypto
You're absolutely right, It is about money and profiting. Aligning yourself with Bitcoin's ideology is supremely profitable.
r32a_··on Bitcoin surpasses $50K as major companies jump into crypto
Many people on HN who talk down against Bitcoin are indoctrinated into the current ideology. Anything that goes against the current ideology is refuted, ignored, dismissed as fads, bubbles, scams..etc Ideology is a powerful thing and it's hard to break out of it.

If you want to learn more about this concept, you should research about Slavoj Zizek's work on ideology. Bitcoin is not just technology, but a multi-faceted ideology founded around cypherpunks ideas, liberty, sovereignty, austrian economic system, free markets.

Even the way Bitcoin is developed (slow, methodical) and Bitcoin apps are built is different to SV way which is move fast, break things, iterate.

r32a_··on Distributed search engines using BitTorrent and SQLite
I'd checkout http://dazaar.com/ as well. Same ideas but built on Hypercore technology and with payments module built in
r32a_··on Noam Chomsky: 'There's never been a moment in human history' like this one
On the eve of World War 2, I am certain that people couldn't possibly imagine what was in front of them.
r32a_··on How to Run a Live Coding Stream on Twitch Using OBS
I've made a project that you can sell your live stream for btc. totally distributed using hypercore and Lightning network

https://github.com/rbndg/Bitstation

r32a_··on Da Vinci – Overrated?
Leonardo did "ship" some of the greatest works of art. Some of those paintings took decades to complete. Which you happily glanced over.

Comparing steve jobs to Leonardo is a discredit to both steve jobs and leonardo.

r32a_··on Ask HN: Why do we pay taxes if the Fed can just print money?
This is why in the long run Bitcoin wins.
r32a_··on Time is the only real currency we have
This is why a fixed currency makes sense.

You work and convert your time into currency which can be traded for other goods or services.

When currency is manipulated, it allows the manipulator to make your currency worth more or less. effectively theft.

r32a_··on PayPal blocks donations to The Grayzone that mention Iran
Use Bitcoin, problem solved
r32a_··on Netflix was the top stock of the decade
Bitcoin beat every single stock.
r32a_··on Julian Assange contributed to PostgreSQL
He was a prolific programmer and hacker, that is how he got his start.
r32a_··on Business Models
Bitcoin is not a company and has no business model. Another day and another bad take about Bitcoin on HN.
r32a_··on “We would like to apologize to the user for the error on our part this morning”
Doing something

people get upset

blame it on the tech

r32a_··on “We would like to apologize to the user for the error on our part this morning”
next facebook.
r32a_··on You don't understand money – and it's a good thing for Bitcoin
Bitcoin is a multi faceted beast like nothing else. It is a cross between computer science/cryptography, governance/game theory and economics.

In my opinion the economics of bitcoin is the core, which is kept in balance and managed with game theory and decentralised governance and it is created with computer science and cryptography.

In order to truly understand what Bitcoin is then you need to fully grasp all these 3 facets. Most people don't, they read the headlines or look at bitcoin from one of the facets and write it off.

r32a_··on Bitcoin as a Game
Lightning network payments are denominated in sats. So you can buy 1 Sat for $0.0000945 USD
r32a_··on US Visa Forms DS-160, 260 Has Social Media Questions Now – Samples
It's not like that, Within the U.S itself some people have higher worth than others. Look at their medical system for example.

"All animals are equal, but some animals are more equal than others."

r32a_··on Tether loaned USDT to investors and illegally traded in New York, says NYAG
Tether is technologically superior and has 90% of marketshare compared to any other stable coin.

If FUD scares you then crypto trading is not for you

r32a_··on Libra, 2 Weeks In
Or choose Bitcoin and have neither :)
r32a_··on Libra, 2 Weeks In
Wrong. Bitcoin will use Lightning Network for most everyday transactions and it's speed is only limited by network liquidity and bandwidth
r32a_··on Libra, 2 Weeks In
Let's call this for what it really is, they want to replace democracy with Corporatism.

At least with a government backed currency we get a choice on who runs the government. Even though that power is constantly being eroded.

The companies that run Libra however have 0 obligation to users of Libra but only to maximise profits for their shareholders. This is their plan:

* Dedicate a lot of resources to spread the adoption of Libra

* Change the language of what Libra is.

* Extract as much value as they possibly can from Libra users.

The proof is simple, If FB and all of those companies dedicated resources to development and adoption of Bitcoin itself then it would be able to reach the goals of Libra and be more decentralised than Libra.

David Marcus and the entire Facebook Libra team make me sick to my stomach.

r32a_··on Bitcoin's energy consumption 'equals that of Switzerland'
Another day, another anti-bitcoin article on HN.
r32a_··on FedEx sues U.S. government over 'impossible' task of policing exports to China
This is a form of protest.
r32a_··on Slack Is Going Public at a $16B Valuation
Slack can eat into Zoom very easily. Massive room for growth
r32a_··on Amazon to shut down its Amazon Restaurants business in the U.S.
Amazon has heavily invested in Deliveroo. Will probably buy them out eventually
r32a_··on Tether Says Stablecoin Is Only Backed 74% by Cash, Securities
You paid for it via a bailout
r32a_··on Tether Says Stablecoin Is Only Backed 74% by Cash, Securities
"My local bank is also audited and heavily regulated. I sleep every night without ever worrying that my bank is suddenly going to lose all my money."

2008.... those "heavy regulations" and "audits" meant nothing.

r32a_··on Show HN: Expensive Chat – Pay one cent per letter
should have used Lightning Network
r32a_··on JP Morgan rolls out first US bank-backed cryptocurrency to transform paymentsd
This does not compete with Bitcoin though, Bitcoin is decentralized and this is centralized. This competes with likes of Ripple and Swift
r32a_··on Why can’t a bot tick the 'I'm not a robot' box?
Google's entire business model is leveraging of fractions of a cent on a mass scale
Page 1 of 4Next →