aaronwalker

5 ms·

1.
by aaronwalker 4y ago
> *don’t extend far beyond fraud, gambling, or purchasing illegal goods. There are many use cases outside of these. See Cross-border payments, censorship-resistance, trust networks, access to credit, etc.
2.
by aaronwalker 4y ago
> The normies are into crypto because of hype and FOMO. Hype and FOMO are indeed drivers of growth, but those alone would not explain why rates of crypto adoption are highest in countries with large unbanked populations. Take a look at
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by aaronwalker 4y ago
> * I would assume that the same would apply for gold above some reasonable value (e.g. a really big gold necklace :) ).* Whereas with Bitcoin, it is much more difficult to confiscate it because it's purely information. You might be
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by aaronwalker 4y ago
> evading tax, money laundering etc. And evading oppressive governments. Disobeying the law is not always a "bad" thing.
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by aaronwalker 4y ago
> * You don’t store wealth in currency. * Do you have a bank account with money in it? If so you are using currency as a store of value. This is a very common use case. > Only poor people store their “wealth” in currencies So are we
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by aaronwalker 4y ago
What is your definition of decentralization? What is it based on?
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by aaronwalker 4y ago
You're right, my generalization is too early. It is based on crypto's correlation with the overall stock market since it is seen as an investment, which has always returned positive over a 15 year period. But this is more speculat
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by aaronwalker 4y ago
> * being physical is actually an advantage (easier to secure in a way that they can understand and verify). * Because gold is physical it is not easy to transport, and can more easily be seized by the government -- both of which make it
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by aaronwalker 4y ago
> the masses aren't interested in this Having a store of value is in fact appealing to the masses, especially those with weak national currencies. We know this because the rates of crypto adoption are highest in developing natio
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by aaronwalker 4y ago
If we are defining value, I would not say that value is equivalent to intrinsic value, or else the phrase "intrinsic value" would be redundant. Currencies have value even though they do not have intrinsic value. Notably, this valu
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by aaronwalker 4y ago
Both. There are ongoing developments in Decentralized Finance and Identity Networks on Ethereum that are reinventing more parts of the current financial system, as well as the shift to proof-of-stake that is making Ethereum more scalable an
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by aaronwalker 4y ago
I'd like this to, but to me it's still unclear whether Bitcoin's potential will be just as a reserve currency and store-of-value (like Gold), or also as a unit of account and medium of exchange (like the dollar). I'm mor
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by aaronwalker 4y ago
There's a difference between being known by the mainstream and being used by the mainstream. Bitcoin is the former, but not yet the latter. It appears that Bitcoin's main use case is as a long-term store of value (like Gold, but
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by aaronwalker 4y ago
Just like a dollar, digital currency would be liable to your central bank, whereas the digital forms of payment that you use now are liable to your bank. So a digital currency would allow people to spend digital money without the need of a
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by aaronwalker 4y ago
Interest in crypto comes in cycles, and with each new cycle there are more incumbents that want to get involved. This bear market may have been particularly worrying for the industry, but I'm confident that in 5-10 years from now large
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by aaronwalker 4y ago
What do you think is some of the more “modern and efficient material” we should be learning in school now? Things that come to mind: - Keyboard typing - Converting between binary and base 10
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Chrome Ext for Organizing Bookmarks?
9 points by aaronwalker 4y ago|2 comments
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by aaronwalker 4y ago
I know Miami hosts many crypto conferences, but I’m surprised you’d choose it over NYC or SF. Do you think that Miami is under appreciated compared to those cities or it really is more of a global center for crypto innovation?
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by aaronwalker 4y ago
Definitely cryptocurrencies…
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by aaronwalker 4y ago
A lot of things… the technological innovation, the developer ecosystem, the potential to change how society is structured. To me the core innovation of Ethereum is having programmable money, which will enable an entirely new financial syste
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Ask HN: What city is the center of crypto innovation?
9 points by aaronwalker 4y ago|25 comments
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by aaronwalker 4y ago
Also a good experience that would strengthen my CS knowledge and pays some. Thanks for the suggestion!
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by aaronwalker 4y ago
Thanks for the advice, I will look further into this--I'm sure there are plenty of opportunities for tutoring online or through craigslist/nextdoor.
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by aaronwalker 4y ago
The role description said that there'd be a small amount of equity included but so far we haven't discussed it. Should I bring this up with the founders?
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by aaronwalker 4y ago
I found the listing on angel.co, a website for finding jobs at startups. I applied to many paid positions, but for the vast majority of them I never heard back, and I was becoming drained from the internship search. I figured that with unp
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Ask HN: How to make money as a CS student?
9 points by aaronwalker 4y ago|12 comments
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by aaronwalker 4y ago
Not technologically easier to come up with, but easier to transact with. Buying gold from someone halfway around the world would take weeks for it to get to me. With Bitcoin I can do it in a fraction of a second.
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What happens to the price of gold if BTC becomes “digital gold”?
8 points by aaronwalker 4y ago|16 comments
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by aaronwalker 4y ago
In the US, do you think that Silicon Valley will always be the center of innovation? These past couple of years the population of the Bay Area has been on the decline, but rising tech areas such as Seattle ( https://www.seattletim
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by aaronwalker 4y ago
Right, but the unique profile (BMI, glucose levels, heart rate patterns) is something that an ML system could do better than any doctor. And right now the way medicine is distributed is by undergoing intense clinical trials on the general p

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