Viewing profile — bitreality

Does it? Bitcoin just says anyone can transact. But that doesn't really solve the problem. The problem is that legal businesses should be able to transact. Illegal businesses shoul…

This is the reality. Payment processing is a utility. Small businesses literally cannot operate online without payment processing. On first glance there appears to be many third pa…

Such as what happened in 2018-19? Bitcoin never goes "bankrupt". Bitcoin never ceases to exist. The price can do whatever it wants, but the lower it goes, the more momentum it can …

Most cyber criminals have a script. They don't deviate from the script unless they think they have a potential home run. Even then, going from this to sending out fake mail corresp…

They have people voting over 3% tax increases and gay marriage, not surveillance. Doesn't matter who you vote for, every party is in favor of increasing their power.

Another example on how tech giants control the livelihoods of millions of people. They can press one button and put thousands of people out of a job at any time. Workers rights? Ho…

I assume those data waivers are set up through deals between the telcos and the companies behind those applications. Microsoft certainly has the resources to arrange similar deals,…

The smoking gun is that labs in Wuhan were studying different coronaviruses in bats at the time the virus emerged. One of those labs was right near the seafood market which had one…

Skype for business school case studies on how to destroy a massive lead in video chat and messaging.

The problem is that discussing this hypothesis in any form is often labeled as "offensive" and "racist". The generally accepted theory even in the West is the lab leak was somehow …

For that very reason, we cannot accept their narrative at face value. We certainly don't have enough information to confidently eliminate the lab escape theory. The media has large…

This will be an interesting case study in what happens when a government goes head on against cryptocurrencies. This will lead to some interesting innovation in the space. There ar…

Bitcoin is the first successful project which achieved digital scarcity. Scarcity is one of the most important features in assigning value to a particular object. Bitcoin's scarcit…

What is the most hospitable environment? A tide pool? Also the most hospitable environment for genesis is likely different from the most hospitable environment for a complex ecosys…

This is all possible because China has standardized bank to bank transactions across all banks in the country. It sets the tone for secure P2P transactions at fractions of the cost…

Yes, apps like Venmo/CashApp/Zelle have grown massively in the US over the past 2 years. However, there's still limited options for merchants to integrate these payments into ecomm…

I have some competitors in the UK who told me that if a single customer pays you from a frauded bank account, your entire bank account is closed permanently, and they investigate w…

A major issue here is that payment processors literally choose which industries, and which players will succeed. If your industry is deemed high risk by payment processors, you are…

It's two facets. On the one hand, people are definitely buying more essential products. They are also definitely visiting more ecommerce sites. They're bored, online shopping is a …

Right but they didn't result in Hilton / Disney having 80-90% revenue drops overnight. This is a very unique contraction. Even in the depths of 2008, DisneyWorld still had a steady…

I'm not suggesting that people will become quickly reinfected, I'm saying that their immunity will be temporary, such as one or several "infection seasons".

I think you might be looking at USO if you're seeing a $10 USD call price, or another ETF which doesn't actually match the price of 1 barrel = 1 share. There is no way a $10 call i…

Government and industry will want demand to ramp back up, but it's doubtful that will be supported by consumers. I don't think you're going to see an instant rush back to internati…

Yeah exactly. It's one thing to board up the windows for a day or two, a completely different story to do it for a month+. People get restless and impatient. They start working eac…