gge

6 ms·

1. 1.▲
   by gge 5y ago

   What are you talking about? Chainlink is used a ton, literally powers most of defi. Its used to secure 10s of billions of $.
2. 2.▲
   by gge 5y ago

   bullish
3. 3.▲
   Alchemix – Loans that pay themselves(alchemix.fi)

   1 points by gge 5y ago|0 comments
4. 4.▲
   by gge 5y ago

   yup
5. 5.▲
   Tether (USDT) is launching on Coinbase Pro(blog.coinbase.com)

   9 points by gge 5y ago|2 comments
6. 6.▲
   by gge 5y ago

   > the supposed point of crypto is to reducing the reliance on, and grifting from, companies like Coinbase Yes, that is still the case? Decentralized exchanges like Uniswap are dominating (over $1B volumes daily) and growing very rapidly.
7. 7.▲
   Tether releases an assurance report that shows its stablecoins are fully backed(theblockcrypto.com)

   2 points by gge 5y ago|0 comments
8. 8.▲
   by gge 5y ago

   Settlement != payment
9. 9.▲
   Visa now settles payments in USDC stablecoin on Ethereum blockchain(theblockcrypto.com)

   22 points by gge 5y ago|4 comments
10. 10.▲
    by gge 6y ago

    Are you agreeing or disagreeing that it is a threat? Linux did take a ton of market share from Microsoft on the server side. Linux is also not a good analogy IMO, because Uniswap has a lot of direct retail/consumer usage whereas Linux
11. 11.▲
    by gge 6y ago

    Nope, wont happen. https://medium.com/dragonfly-research/ethereum-is-now-unfork...
12. 12.▲
    by gge 6y ago

    Disagree. A16Z is the exception, not the rule (and I can only see 3 defi protocols in their portfolio: COMP, UNI, MKR). What defi projects has Sequoia invested in? There are many VCs who are into crypto that have invested in smart contract
13. 13.▲
    by gge 6y ago

    False, smart contracts have so much demand that Ethereum gas prices have skyrocketed in the past year
14. 14.▲
    by gge 6y ago

    > happy to use smart contracts where the use of centralised oracles There are decentralised oracle networks like Chainlink which secure $10s of billions of dollars locked in smart contracts
15. 15.▲
    by gge 6y ago

    Whenever crypto comes up on HN all the comments are either copium, Tether, or people saying "I'm not wrong its the market thats wrong". Amazing to see how the tech/SV mainstream completely missed out on Defi, and are now
16. 16.▲
    by gge 6y ago

    > Stellar kek
17. 17.▲
    by gge 6y ago

    True. But in this case the guy doesn't just think that Bitcoin will go down, he thinks it will go down to 0. If you think its literally worthless, shorting could be a pretty good bet.
18. 18.▲
    by gge 6y ago

    > It's #4 / #5 by market cap Yeah, that doesn't mean anything. Half the coins in the top 30 are shit or outright scams. Shit: ADA, XRP, LTC, BCH, XLM, DOGE, EOS, NEO, NEM, TRX Outright scams: BSV, IOTA, THETA, VET > It&
19. 19.▲
    by gge 6y ago

    > Why are you so sensitive to me mentioning it? Cause its a shitcoin and I'd prefer people don't lose their money
20. 20.▲
    by gge 6y ago

    Good boy. At least you're putting some skin in the game unlike the other Tether truthers and Bitcoin bears here.
21. 21.▲
    by gge 6y ago

    Cardano is obviously a shitcoin. This should be immediately obvious to anyone in tech
22. 22.▲
    by gge 6y ago

    its 2021 and the 2017 shitcoins are still being shilled
23. 23.▲
    by gge 6y ago

    Imagine being a HN reader and shilling Cardano. Do you know anything about technology?
24. 24.▲
    by gge 6y ago

    Why are you shilling Nano? No one uses it, and no one will ever use it.
25. 25.▲
    by gge 6y ago

    Cope
26. 26.▲
    by gge 6y ago

    Agreed, HN people are in the middle of the IQ spectrum.
27. 27.▲
    by gge 6y ago

    Here is a good piece explaining why the data backing that articles arguments is BS: https://medium.com/@nic__carter/assessing-bitcoins-liquidity...
28. 28.▲
    by gge 6y ago

    Wow, Elon got scammed to buy Bitcoin? What does the ex-CEO and former largest single shareholder of PayPal know about digital money? What does the world's richest man know about money? Apparently not much. Definitely not more than you,
29. 29.▲
    by gge 6y ago

    If you think Bitcoin has no value, why not short it? Bet on your beliefs. I think it has value, which is why I'm long. Skin in the game > debate
30. 30.▲
    by gge 6y ago

    > people making investments with bitcoin backed loans There already are Bitcoin backed loans offered by both decentralized services (like Aave, Compound, Maker etc) and centralized services (like BlockFi, Celsius etc). They get real usag