Viewing profile — alcio

> For your typical solo founder in their 30s, their odds of dying at any point over the next 10 years is something like 0.2% The real figure is more 2.1% (source: https://www.ssa.g…

> Any application that could be done on a blockchain could be better done on a centralized database. Except crime. In a weird way, this quote is a good explanation of why cryptos e…

yes, you can email it to your miner buddy. it's possible to spot such transactions if they violate transaction forwarding rules (aka standardness rules) but not consensus rules. fo…

Excited to see this new release. Seems to me this would (slightly?) negatively impact query performance for recent data (when the query concerns data is both in O3 and persisted zo…

Proof-of-stake coins lack one of proof-of-work coins most important properties: censorship resistance. In both consensus systems, a censor is someone that has amassed 51% of the cu…

USDT-USD markets are indeed marginal. however, implied USDT price using BTC as a cross shows USDT is valued pretty much at parity with the dollar by the market: https://www.trading…

inflation in consumer goods might not be high, but financial assets have clearly inflated: a quick look at gold denominated SPY shows it.

In some cases, increasing the fee once the transaction has been broadcast is not possible (original transaction doesn't use replace-by-fee OR child-pay-for-parent is not possible)

"miners somehowd eviate from the conventional wisdom or the norm, which dictates that transactions are prioritized for inclusion based on the fee-per-byte metric " Miners prioritiz…

it weighs 490gr and the gold is 87.7% pure, that results in cube of side 2.8cm https://www.wolframalpha.com/input/?i=490+*+0.877+grams+of+g...

Using a full node, you not only sync the history, but also validate it. In recent days, on a modern machine with a good internet connection, it takes less than 12hrs to achieve thi…

How many AAPL shares have not been traded for the past 2 years? And how many BRK.A? Bitcoin gives the opportunity to answer those questions contrarily to the complex and somewhat o…

in this case, the defendant got a visa detached from its passport. from what I could gather from the complaint and his social media ( https://twitter.com/virgilgr/status/1161217917…

According to the complaint, the defendant: - went back to the US several time after traveling to the DPRK despite being warned not to by the US state department - had several conse…

When you have traveled to the DPRK despite warnings of the Department of State, visiting the US is not the best decision to take.

On one slide, there's a mention that in 2300, computers will have 10^60 elements in them. However, there's only 10^50 atoms on Earth.

Swift lost at least $85M in 2016, and that was only 1 partial attack. Had it went fully through, hundreds of millions would have been robbed.

How is the USD worth anything after some many bank robberies? Bitcoin itself worked as expected, and the fact that no one can easily reverse transactions is one of the features des…

> What is it giving you that's worth the enormous montain of precaution that you need to take to secure yourself? It's giving you precisely the opportunity the Binance hackers seiz…

It's funny that the USDC website doesn't list the main use of stablecoins (especially Tether) these days: arbitrage. When moving fiat between two exchanges can take days and flag y…

if Twitter were to ban stupid content from its website, not much would remain ; the stupidity of this can't be used as a reason to explain the bans.

I cast a super wide net to show how ridiculous the original statement was.