kobeya

7 ms·

1.
by kobeya 9y ago
No they have to re-write the history. The cartel of minors does not set the rules of bitcoin. It can only undo transactions by doing more work to write an alternate history. Even with the majority this is often unfeasible in practice.
2.
by kobeya 9y ago
Show me a regulator able to prevent bitcoin users who own their own keys from making transactions, or one able to reverse transactions once made and confirmed.
3.
by kobeya 9y ago
The problem (and advantage of) Nextdoor is that it is hyper-local. It's great for anyone in an HOA or apartment complex or whatever. It really fills a niche there. However I wish there was more to fill the spectrum between Nextdoor, wh
4.
by kobeya 9y ago
Was that actually illegal? If it was an above-the-board campaign contribution, I'm not sure what the issue is.
5.
by kobeya 9y ago
As far as I'm aware, YC didn't cut ties with him. Rather, YC restructured their advisor program and he was offered a role in the new structure, which many other advisors did, but he declined for whatever reason. Of course if you w
6.
by kobeya 9y ago
Nearly all of Silicon Valley post-2001 is either (a) online retailers/ecommerce, or (b) parasites hanging off of the $100+Bn/yr online advertising industry. At the top of that latter food chain sit only a handful of companies -- G
7.
by kobeya 9y ago
> Coindesk is intimately linked with blockstream, As I said in another comment: "As far as I can tell, they both share a minor investor, Barry Silbert. And anyone who thinks that means anything hasn’t been paying attention to what w
8.
by kobeya 9y ago
The first is rediculous. Market cap is meaningless, especially in bitcoin where it isn’t even known well how much coin is accessible, and velocity of those coins in circulation is so low and order books so thin by comparison. The effect is
9.
by kobeya 9y ago
Velocity is how quickly money changes hands. Did you mean volatility?
10.
by kobeya 9y ago
Do you mean something other than velocity? It doesn’t make sense I’m hat context. (I’m not opening a google doc for security reasons).
11.
by kobeya 9y ago
Relevance? Bitcoins aren’t mined on GPUs.
12.
by kobeya 9y ago
We don’t know for certain how much was really stolen. We just have Tether at their word. And if more was stolen than the amount frozen, it certainly is redeemable—for bitcoin on an exchange.
13.
by kobeya 9y ago
There is plenty of innovation going on in bitcoin space. Schnorr signatures, MAST, lightning, client efficiency improvements.
14.
by kobeya 9y ago
As far as I can tell, they both share a minor investor, Barry Silbert. And anyone who thinks that means anything hasn’t been paying attention to what went down regarding the New York Agreement, where Blockstream (standing alongside many oth
15.
by kobeya 9y ago
Have a shred of evidence to back up your rediculous conspiracy theories? This isn’t Reddit. If you make wild accusations, back them up.
16.
by kobeya 9y ago
Mediums of exchange need to encourage usage, not hoarding.
17.
by kobeya 9y ago
Bitcoin was always digital gold. That was it’s value proposition from the beginning: a return to the gold standard, in digital form.
18.
by kobeya 9y ago
The Tether liability is about the same size as MtGox was, in dollar terms, when things started to unravel. That wasn’t a small effect.
19.
by kobeya 9y ago
Not all pool software was, or even still is so enlightened.
20.
by kobeya 9y ago
Convicted in the court of public opinion does not mean guilty.
21.
by kobeya 9y ago
Already passed the Sun.
22.
by kobeya 9y ago
You might like the book Rendezvous with Rama.
23.
by kobeya 9y ago
It’s a bad thing to the idea of a trustless, irrevocable, fully machine audited ledger of account. Why not just run it in your favorite RDBMS? That way we’d at least save a bunch of CO2 emissions.
24.
by kobeya 9y ago
> The funny part is that Tethers came into being after Bitfinex was hacked, right, as a way to help them out? No, Tether is completely unrelated and existed (or was in the process of being stood up) years prior. It just became widely use
25.
by kobeya 9y ago
I read the patio11 post as implying very strongly that Bitfinex was responsible in some way for Tether, when in fact that couldn’t be further from the truth.
26.
by kobeya 9y ago
Um, PSP implements a secure enclave capability, so no that’s not correct?
27.
by kobeya 9y ago
If you know of one, post it in the comments. The primary issue though is that the source material isn't digitized yet.
28.
by kobeya 9y ago
Mesopotamian studies is really interesting. There's a lot of intact records from archives that were found in the basements or lower levels of buildings that were destroyed in fires -- clay tablets only break under the most intense heat
29.
by kobeya 9y ago
It's one thing to lack the knowledge to use the device. It's another to lack the authority, if said knowledge could be acquired or reverse engineered. If I own the device, I should be allowed to send whatever control bits I want.
30.
by kobeya 9y ago
Blu-rays and Netflix work just fine on my old laptop that doesn't support secure enclaves. The onus is on us to make sure that a future where we are locked out of the devices we own does not come to pass.

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