venaoy

5 ms·

1.
by venaoy 12y ago
Your comment reveals something often overlooked by the crowd shouting "OMG Bitcoin doesn't have chargebacks". Most people shop from merchants they trust, most merchants are honest, most disputes are resolved without chargebac
2.
by venaoy 12y ago
You attach too much importance to CC chargeback mechanisms. I am a typical American consumer and in 20 years doing about 5,000 credit card transactions I have never had to issue a single chargeback at all. So I know for a fact that I would
3.
by venaoy 12y ago
> I just described it in one short declarative sentence. Except you forgot: you have to type the expiration date, the cardholder's name, and sometimes the full billing address. I will repeat again: typing the CC billing info is not
4.
by venaoy 12y ago
> For a CC sure I might have to grab the card out of my wallet and punch it in, but my numbers are pretty much memorized by now and it's beyond simple. "beyond simple", really? A lot of people would disagree with you. The
5.
by venaoy 12y ago
There is a huge difference between 90% (or even 99%) and a 100% eclipsed Sun. People in Norway should really travel to the Faroe Islands to experience totality :)
6.
by venaoy 12y ago
> who are mostly drug dealers or other criminals This is false. And you have no source to prove it. I know a lot of early adopters through various channels. They are geeks, crypto nerds, cypherpunks. Think guys like Hal Finney, Wei Dai,
7.
by venaoy 12y ago
> "The insurance covers..." This statement is correct. But do we need insurance on negligence? No. The cash you carry in your pocket is not covered by insurance yet it doesn't prevent it from being reasonably useful/s
8.
by venaoy 12y ago
> how often do you want to pay for something that you don't care whether you'll actually get? It is not that I don't care, but I estimate the probability the merchant is fraudulent is low enough that I don't feel the
9.
by venaoy 12y ago
Yes it is legal: "Beginning January 27, 2013, merchants in the United States and U.S. Territories will be permitted to impose a surcharge on consumers when they use a credit card." http://usa.visa.com/personal&#x
10.
by venaoy 12y ago
> As a buyer, why would I use bitcoin internationally when I can't reverse my transaction if they don't deliver? Sometimes reversibility just doesn't matter. The merchant might be 100% trustworthy (like Amazon). Or as anot
11.
by venaoy 12y ago
The world's simplest reasons why you might pay something using bitcoins is simply when this is the only way, or cheapest way, or safest way to make a transaction. Example #1: some merchants are hit really hard with fraud, such as intan
12.
by venaoy 12y ago
> you have to use an exchange to buy the coins No you don't. You can sell stuff on Craigslist for bitcoins. You can mine. You can buy coins in person from a friend/from localbitcoins. You can receive remittance from your overse
13.
by venaoy 12y ago
I meant to write 21 miles (not 23 miles) round trip: "Detroiter James Robertson, 56, walks about 21 miles a day" So he would only have to bike 21 miles per day.
14.
by venaoy 12y ago
> Okay. Fair enough. I concede that efficiency is important and that SPDY / HTTP/2 can improve upon it. Great, I appreciate you recognize this. > Why include tons of small resources on your page if they're not necessary
15.
by venaoy 12y ago
> The linked benchmark is flawed, as dlubarov noted above. No, I already replied to him. You and him should spend some time looking at the Chrome network console visiting some of the top500 sites. It is very common for sites to be exactl
16.
by venaoy 12y ago
Many of the sites I visit frequently are exactly like that: tons of requests with tiny payloads. The nytimes.com homepage makes 100+ requests to tiny images. Same thing for the yahoo.com homepage. An ebay.com listing page makes many request
17.
by venaoy 12y ago
> And thus, benchmarks are unhelpful. No, they are helpful! Especially real-world benchmarks. Sure you can cook up utterly flawed benchmarks (like the one you pointed to), but that doesn't mean all benchmarks are unhelpful. A good e
18.
by venaoy 12y ago
First comment: "This study is very flawed. Talking to a proxy by SPDY doesn't magically make the connection between that proxy and the original site use the SPDY protocol, everything was still going through HTTP at some point f
19.
by venaoy 12y ago
Most of the people who replied to you are wrong. Basic income could be implemented by NOT raising taxes. So it would NOT cause inflation. Eliminate current social services (and all the financial overhead associated to it: entire government
20.
by venaoy 12y ago
No his round trip is 23 miles. I can't possibly fathom why your first thought to travel 23 miles would be to walk? Biking is OBVIOUSLY so much faster, easier, less straining, etc.
21.
by venaoy 12y ago
Indeed: 28 seconds with 10,000 iterations. I assumed Django was iterating 400 times. I was wrong. Thanks for correcting.
22.
by venaoy 12y ago
The journalist writes 2000+ words, but doesn't even bother asking the guy the most obvious question: why doesn't he buy a bike? In Detroit, biking is doable at least during the 7-8 months of the year with no snow. The guy probably
23.
by venaoy 12y ago
The Django developers are wrong to blame PBKDF2 for this slowness. It takes just 1 second with an unoptimized Python PBKDF2 to hash a 1MB password, and probably 0.1 second or less with a native implementation. If they claim it takes 1 full
24.
by venaoy 12y ago
Protein folding can't be "solved". For a small protein of 100 amino acids, there are 2^432 (20^100) possible combinations ( http://xray.bmc.uu.se/~lars/biowww/Proteinfolds.html ). Bitcoin's SHA25
25.
by venaoy 12y ago
These consumer protection laws protect you regardless of the manner of payment: bitcoins/dollars/whatever. You CAN and SHOULD use the legal tools at your disposition (lawsuit, small claim court, FTC/BBB complaints...) if you
26.
by venaoy 12y ago
It's fascinating to think about potential counter-defenses... I can imagine this will spur development of new technologies to intercept small personal drones like these. Regular air defense artillery is too dangerous to use in a busy a
27.
by venaoy 12y ago
> Your second one has been debunked where you originally posted it Uh no. I gave sources to prove it: https://news.ycombinator.com/item?id=8920067 > What happens if I forget my pin then? It could be handled the same w
28.
by venaoy 12y ago
Clearly you have no idea how secure or tamper resistant chip technology works. To prevent such brute force approaches, they are designed to limit the maximum number of attempts, before they permanently disable themselves, which prevents you
29.
by venaoy 12y ago
I know very well what I am talking about. Read for example a credit card agreement from a random bank, say Scotiabank, in the section about fraud: "If your Password or PIN is used in such a transaction, you will be liable for the full
30.
by venaoy 12y ago
Regarding the advisory letter, it just requires the bank to "investigate". The bank can still conclude the transaction was authorized and deny your claim to cancel the transaction. So it will be your responsibility as a customer t

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