Viewing profile — briatx
briatx
HN member- Joined
- Sat, Dec 09, 2017, 9:33 PM UTC
- HN karma
- 770
- Public activity
- 104 items
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About briatx
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Recent public activity
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Comment #27344908
This means that YOU failed to write a good test because the questions were not specific enough.
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Comment #27344874
Cryptocurrency is wasting modern technology to recreate the economic system of the 1800s.
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Comment #27344694
You're not sending money. You're sending tokens. People who say that they are sending money "on the blockchain" are being disingenuous. You have to account for transaction fees int…
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Comment #26320424
Pretty sure ACH and SWIFT can do more than 7 transactions per second. Talk about a step backward.
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Comment #26320380
You're right! It's actually negative sum.
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Comment #25695176
Maybe you do buy BTC on Exchange B. Then you transfer to Exchange A and sell, and what do you get when you sell? Tether. The point of Tether initially is regulatory arbitrage for T…
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Comment #25599304
Bitcoin doesn't solve any trust problem outside of how many bitcoins are in each wallet. Even in the very basic ecommerce use case: buyer purchases item online with bitcoin. The bu…
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Comment #24888255
> Broadly speaking blockchain only solves a singular problem: Trust This is only true in the cryptographic sense when talking about data on the blockchain. Blockchains do NOT solve…
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Comment #21570054
That is not at all how the money multiplier works. https://en.m.wikipedia.org/wiki/Money_multiplier
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Comment #21462295
> blockchains aren't garbage. They're useful. If they were useful, all these corporate pilot programs would be raging successes by now. Instead they quietly fizzle. I personally ha…
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Comment #21455932
Or maybe after much research and some testing they conclude (correctly) that "blockchain is useless."
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Comment #21449364
Each time it forks it creates the same supply of bitcoins virtually indistinguishable by anything other than name and mining nodes. Sure, the limit of Bitcoin Core is still set at …
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Comment #21448603
1) Tether is not the Fed. 2) Tether claimed in the beginning that they had $1 USD in the bank for every 1 Tether issued. 3) Given (2), printing Tether out of thin air that isn't ba…
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Comment #21444986
No, instead Bitcoin forks: https://www.forks.net/list/Bitcoin/
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Comment #21444121
The internet was scalable by design. Bitcoin is not.
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Comment #21444050
I applaud going back to the original source, but the paper has been updated. See this better Bloomberg article: https://www.bloomberg.com/news/articles/2019-11-04/lone-bitc... Rele…
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Comment #21183845
Hard to read this as anything other than a sales pitch: > While a 24% market share — 1 out of every 4 sales in this market — seems wild, the thing that blows the minds of many Tesl…
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Comment #20970337
You know, of course, blockchains do not magically solve the garbage-in garbage-out problem.
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Comment #20849489
Different experience here. Split keyboards allow you to keep your keep your wrists at a more neutral position vs having your forearms rotated inward but then twisting the wrists ou…
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Comment #20625941
DNS has always been decentralized. I mean, first sentence on wikipedia: > The Domain Name System (DNS) is a hierarchical and decentralized naming system for computers, services, or…
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Comment #20204031
> Waymo vehicles have virtual maps ... You only need one reality virtual desync to cause a crash.
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Comment #20202687
You could easily convert HOV lanes into Automated Driving lanes. And if we have the ability to fund HOV lanes, we could also fund Automated Driving lanes. Self driving cars are alr…
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Comment #20046999
> How many businesses in competitive areas have fax as a preferred method of communication today? Oh just large legal and healthcare companies[1]. [1] https://www.popsci.com/why-fa…
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Comment #20001250
> Earlier this year the Washington Post reported that many small police departments were abandoning body-worn-camera programmes because of the cost. > Although the cameras are chea…
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Comment #19855897
Well, Fortnite Save the World launched with paid loot boxes, so...