bidandanswer

5 ms·

1.
by bidandanswer 2y ago
That's in the specific context of staking and promising returns, not crypto in general.
2.
by bidandanswer 2y ago
They've been reprimanded by a federal judge for blatant extrajudicial power grabs like this one. None of their huge cases claiming various cryptocurrencies are securities have succeeded, except in the super cut-and-dry cases like ICOs
3.
by bidandanswer 2y ago
On that note, legacy computer vision models have exceeded humans at identifying pathologies from images of retinas, etc., for probably decades now.
4.
by bidandanswer 2y ago
> I don't need an LLM for that, just the right google queries do the trick. LLMs are clearly superior at presenting the information and have tangible room for improvement, whereas Google has regressed over the last decade and is get
5.
by bidandanswer 3y ago
> ebpf isn’t really novel beyond the interfaces it provides. They are just kernel modules that have been vetted and are sandboxed. Inserting executable code has been part of the kernel since forever in module form and kprobes. This shoul
6.
by bidandanswer 3y ago
A Turing Award for avoiding a context switch? I mean, I love eBPF more than most, but this is a practical engineering solution to a logistical problem that didn't really need to exist in the first place. This is not genius and not an o
7.
by bidandanswer 3y ago
That's a cool conjecture but it kind of misses the point of eBPF. The point of it is that you can run user-defined programs while avoiding the costly context switch between user space and kernel space. The kernel already is the kernel.
8.
by bidandanswer 3y ago
eBPF allows user-defined programs to run in the kernel. This is huge for performance-sensitive code that executes against network packets: you don't have to context switch between kernel space and user space. It's worth pointing o
9.
by bidandanswer 3y ago
Not true. It's sad that you all quantify and gamify relationships.
10.
by bidandanswer 3y ago
> Have a vacation house, which enables building social capital through hosting friends Psychopath
11.
by bidandanswer 3y ago
> The 3% fee is a much smaller problem to have than what the world of crypto brings. That's not an argument. Name the problems specifically. > Oh and while we are at it, remind me how to get majority of customers to pay in crypto
12.
by bidandanswer 3y ago
Standard Stripe fees on $250k revenue: - 2.9% + 30¢ per charge - Assume net-30 invoices - Total fees: 2.9% * $250k + 30¢ * 12 = $7,253.60 - Stripe can freeze your money arbitrarily and indefinitely Standard USDC fees on Solana: - Less than
13.
by bidandanswer 3y ago
And the number of companies that made use of computers was low when they first came out, despite the fact that the fledgling technology was genuinely valuable to them. What's your point?
14.
by bidandanswer 3y ago
Okay. I have personally saved tens of thousands of dollars and hours of headache by just doing my business on chain. How valuable is 2.9% of $1m+ to you?
15.
by bidandanswer 3y ago
All of the facts contradict you. Two years ago I had to fend off contracts that paid in USDC. It's easier to find someone to pay in USDC today than it was then. Market share and volume will continue to grow. What do you have against a
16.
by bidandanswer 3y ago
Trading and finance. It makes sense that they are crypto friendly, given their close proximity to it. I suspect the rest of the commercial world will become much friendlier to it as more and more businesses are onboarded. The pros vastly ou
17.
by bidandanswer 3y ago
See my other comment. Not hard. And it will only get easier as time goes on.
18.
by bidandanswer 3y ago
In my experience, clients have asked me if it's alright to pay me in USDC, not the other way around. The genie's out of the bottle. Once your funds are on chain, you have instant settlement, zero fees, and zero risk of an intermed
19.
by bidandanswer 3y ago
In my experience, that's not true. I've accepted hundreds of thousands of USDC in revenue in other ventures. I've also wired and accepted wires for similar amounts. Each time I get a call from the bank and it takes a half a d
20.
by bidandanswer 3y ago
No explanation, just downvotes? Standard Stripe fees on $250k revenue: - 2.9% + 30¢ per charge - Assume net-30 invoices - Total fees: 2.9% * $250k + 30¢ * 12 = $7,253.60 - Stripe can freeze your money arbitrarily and indefinitely Standard U
21.
by bidandanswer 3y ago
Traditional recruiters have really good leads. Just say you're looking to structure the "job" through an LLC instead of W-2. Pick a niche and demand easily outstrips supply. You can set your own hours and command very high ra
22.
by bidandanswer 3y ago
Stripe takes a hefty cut. Use USDC. Costs a fraction of a penny and settles in less than a second.
23.
ArgentíNat: Una Comunidad Para Naturalistas(argentinat.org)
3 points by bidandanswer 3y ago|0 comments
24.
by bidandanswer 3y ago
Nothing. It's probably cheaper to swap Euro stable -> USDC on chain than whatever fees your banks charge you. Additionally, if you're building a legitimate business on chain, then all your cash is already on chain.
25.
by bidandanswer 3y ago
Nothing. Send USDC to Circle, Coinbase, or any centralized exchange for a fraction of a penny. Swap to USD for free. ACH transfer to bank for free.
26.
by bidandanswer 3y ago
Structuring like that is explicitly mentioned in the tax code and is forbidden. Transactions that attempt to avoid the $10k threshold must also be reported on Form 8300.
27.
by bidandanswer 3y ago
Wow, that's horrible. Sending $1m nets $560 in fees. That's like 5.6 million times worse than typical Solana fees. That's a Michelin-star meal. Or two.
28.
by bidandanswer 3y ago
Try sending $10k to a US lawyer from outside the US. Takes a lot of time and money. Do it on chain. Takes 400ms and costs a fraction of a penny. > Engineers writing the code that is used to pay them? The DAO is not the smart contract.
29.
by bidandanswer 3y ago
And that was flagged because the information I listed was considered incorrect. This updated post has corrected the errors. Act in good faith.
30.
by bidandanswer 3y ago
It's a DAO; it doesn't necessarily have a bank account.

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