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Viewing profile — awrence

awrence

HN member
Joined
Fri, Feb 22, 2019, 7:25 PM UTC
HN karma
165
Public activity
56 items

About awrence

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Recent public activity

  1. comment
    Comment #40600039

    Def super successful. Crazy how the flaps held given how they seemed to disintegrate on re entry. They said they’d try and catch the booster for flight 5 if the booster splashed do…

  2. comment
    Comment #40348737

    Ok but what happens if they cross the streams??

  3. comment
    Comment #40221408

    Honored to get a reply from you sir! I haven't personally done a deep dive on Satoshi's intentions probably for the specific reason I've always failed to see why former intentions …

  4. comment
    Comment #40220318

    I'm not a tax expert so wondering, shouldn't the potential loss be computed off the non payment of exit tax at date of exit or 2014 levels? (which would have computed to much lower…

  5. comment
    Comment #40220298

    Given the monetary policy Satoshi chose and the headline he picked to include in the genesis block, I really don't think you can infer what he himself thought bitcoin was meant to …

  6. comment
    Comment #39229256

    Hmmm can’t speak to the likelihood of their actual inflows but tens of billions of usd from global participants that are functionally shut out from usd pipes is really very reasona…

  7. comment
    Comment #39223531

    Very simply? If the conspiracy theories about their scamminess were wrong and they did what they said which was hold dollars without duration exposure (mostly cash and tbills). The…

  8. comment
    Comment #32550775

    EUR vs Dollar went as low as 0.82 ish in its early days (00) and was below 1 through roughly 02 so not a first no.

  9. comment
    Comment #29795416

    DOOMP EET

  10. comment
    Comment #29211632

    This is your opinion.

  11. comment
    Comment #28850829

    You made a straight up declaration about proof of work in a pretty condescending and unsubstantiated way. I literally applied your exact framing and wording to present that approac…

  12. comment
    Comment #28850796

    It's a misconception to think a miner will only locate on energy sites with continuous supply. It can still make perfect sense for a miner to locate on a site with variable demand …

  13. comment
    Comment #28850694

    I agree it's not an argument for bitcoin. Whether bitcoin is a net positive environmentally or not is a different debate. I was just emphasizing how people point fingers at Proof o…

  14. comment
    Comment #28850578

    It also demonstrates a basic lack of understanding of how the energy markets work and how as just about the only intermittent buyer of last resort, proof of work is about to positi…

  15. comment
    Comment #28850379

    Easy there big fellow. The petrodollar is certainly and undenyably a huge problem in and of itself, as you well know. Its horrible environmental impact is a huge problem, as are it…

  16. comment
    Comment #28077746

    I see your point but my first bit just meant to highlight the unfair disproportionate energy attention PoW has been getting specifically vs just about any other use case. I don't p…

  17. comment
    Comment #28077120

    I've been following this topic intensely for years and am very comfortable with these numbers but fair enough. I agree I should reference some official sources which I'll try and d…

  18. comment
    Comment #28076640

    The math on the PoW energy FUD just doesn't check out. - At current levels, bitcoin uses very roughly 0.1% of global electricity but electricity only represents 25% of fossil fuels…

  19. comment
    Comment #27898255

    Random reply: Or you can stay here on earth, go scuba diving and experience the exact same weightlessness... :)

  20. comment
    Comment #27565842

    Economists predicted 100 of the last 1 recessions.

  21. comment
    Comment #27359408

    “ In his 1979 history, The Alcoholic Republic, the historian W. J. Rorabaugh painstakingly calculated the stunning amount of alcohol early Americans drank on a daily basis. In 1830…

  22. comment
    Comment #27318018

    My shower pays for itself :)

  23. comment
    Comment #27315804

    It's pretty brilliant actually. Case 1 electric space heaters blindly pass electricity through dumb wires. Case 2 instead of dumb wires you use ASICs. Case 2 is a win win that help…

  24. comment
    Comment #27225601

    The burden seems to be on the business side here. So I'm not sure what changes tax wise for end users who were using centralized exchanges to monetize their holdings. If they weren…

  25. comment
    Comment #27217215

    I'm afraid this is the complete misunderstanding of what money is for. You're describing the best medium of exchange, which you know today generally as base money of fiat currencie…