shamir

7 ms·

1.
by shamir 7y ago
The early employees will get millions of dollars. This is 1)an unreasonably large amount of money for anybody to make or 2)nothing compared to the billions that the founders and venture investors will make.
2.
by shamir 7y ago
Finnovation SF is a conference Sila is organizing on Oct 14 in SF. We are delivering on our promise of "From Founders to Founders" with an amazing group of speakers : - Adam Erlebacher | CEO, Fabric - Nadim Homsany | President, Ea
3.
Finnovation SF – October 14(finnovation.events)
4 points by shamir 7y ago|2 comments
4.
by shamir 7y ago
We've been using this for months. Didn't realize that Slack hadn't officially released this till now.
5.
by shamir 7y ago
No cannons then, but it might have been destroyed by a projectile from a ballista ( https://en.wikipedia.org/wiki/Ballista ) or an onager ( https://en.wikipedia.org/wiki/Onager_(weapon) )
6.
by shamir 7y ago
True. But its not programmable, in the way that Ethereum is for example. And that would be a nice feature to have in a payments system. PoW would never make sense for the Fed anyway - more likely PoS with some combination of Member Feds and
7.
by shamir 7y ago
The Federal Reserve isn't a single entity. Its composed of 12 different member Federal Reserve Banks. And The banks that are part of the Federal Reserve system own stock in the member Feds and have significant representation on it. Als
8.
The Fed’s plan to speed up payments despite banks’ resistance(venturebeat.com)
1 points by shamir 7y ago|4 comments
9.
by shamir 7y ago
Don't forget the best of them all India - UPI (2016) https://www.npci.org.in/product-overview/upi-product-overvie...
10.
by shamir 7y ago
Looks like their missteps with the checking account hasn't slowed down their valuation growth at least.
11.
Fintech startup Robinhood raises $323M at $7.6B valuation(techcrunch.com)
1 points by shamir 7y ago|1 comments
12.
Facebook's Libra: What to Expect at Launch(medium.com)
1 points by shamir 7y ago|0 comments
13.
by shamir 7y ago
Would you be willing to offer a discount, say 5%, to customers who made an irrevocable payment? No chargebacks guaranteed.
14.
Announcing Sila – building the new financial world(medium.com)
4 points by shamir 8y ago|0 comments
15.
by shamir 10y ago
BBVA has public APIs in the US and Spain - https://www.bbvaapimarket.com/ More APIs are coming too.
16.
by shamir 17y ago
It could very easily do that. Try writing a check for a million dollars - the bank won't pay it, and the same if you try using your debit card for very large amounts. Visa/Mastercard/others request authorization from the banks before they a
17.
by shamir 17y ago
And even before 1973, the gold in the Fed's vaults did not back all the currency in circulation, only a fraction of ith (thats why it was called the fractional reserve system). Also, banks cannot actually create money. Before a bank can len
18.
by shamir 17y ago
Actually, there is a system in place for any bank to transfer money to another account at another bank. Its called ACH ( http://en.wikipedia.org/wiki/Automated_Clearing_House ), and thats how direct debit and most other interbank transfers
19.
by shamir 17y ago
Actually, you don't have to be related to the armed forces in any way to join USAA bank. I am not even a US citizen, and I was able to sign-up without trouble. All you have to do is answer no to all the questions about the armed forces, and