Hacker News Reader

throw9991999on Possible BGP hijack of 1.1.1.1

I use 1.1.1.1 Do I need to do anything? Can I just continue using it or do I need to clear some cache etc?

throw9991999on Stripe Atlas for LLCs

Any ballpark figure on how much it costs with Atlas?

throw9991999on Generating $32,000 in 30 days selling a crypto-filled USB stick

Kind of a bummer that none of the mainstream payment processors allow crypto related businesses on their platforms. Which banks have no issue dealing with crypto related businesses? Anyone know what banking partners Coinbase, Gemini, Bitpay etc use?

throw9991999on Ripple fully funded every live DonorsChoose classroom project yesterday

$29M worth of XRP going to a good cause. Great, cash out and make good use of it.

The cynic in me sees this as a cheap PR move (an SVP of marketing promoting it doesn't help). Associating your token with a good cause gives it credibility in the eyes of the public which in turn leads to an increase in the XRP price in USD. Here's what I understand about ripple:

- 100 billion XRP was created at inception with 20 billion going to the creators and 80 billion going to Ripple labs.

- It's supposed to be a payment layer between financial institutions and XRP is the underlying token.

- Distribution of XRP is arbitrary. Ripple labs can allocate it to whoever they see fit.

Donating $29M worth of XRP costs them nothing since Ripple labs holds 80 billion XRP. Only 40 billion XRP is currently in circulation though and XRP's price is currently $0.5. I don't know, I find Ripple quite ridiculous. But the silver lining is donations such as these.