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dingus9

HN member
Joined
Fri, Feb 19, 2021, 9:49 PM UTC
HN karma
12
Public activity
13 items

About dingus9

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Recent public activity

  1. comment
    Comment #26496716

    Some exchanges will let you withdraw to a lightning wallet so you never have to interact with the base blockchain layer for smaller day-to-day transactions. I would imagine most ex…

  2. comment
    Comment #26459110

    > No institutional investor will pay 7% a year for money. The borrowing rate can be much higher than 7% for short positions. There are many different institutional investment strat…

  3. comment
    Comment #26458693

    A system where borrowers post $250k collateral to borrow $100k, in theory, sounds more sustainable than traditional lending models where a handful of large borrowers defaulting can…

  4. comment
    Comment #26458443

    Good point. Some people online like to imply that paying for advice means you can blindly trust it. It's always a good idea to DYOR regardless. Something that you get with communit…

  5. comment
    Comment #26458346

    I'm pretty impressed with some of the DeFi projects that are being developed. There have been some growing pains with issues like contract bugs and liquidation events during high v…

  6. comment
    Comment #26351867

    There will always be alternative marketplaces hosted by alternative web hosts that are willing to continue doing business with companies that are deemed dangerous to society... ...…

  7. comment
    Comment #26280323

    DeFi loans and platforms like blockfi let you borrow against your BTC.

  8. comment
    Comment #26213149

    Sanctioning political opponents kind of sounds like a dictatorship to me.

  9. comment
    Comment #26198968

    China would benefit more by confiscating all hashrate & hoarding all of the BTC for themselves before announcing that BTC is their national currency and driving BTC price to millio…

  10. comment
    Comment #26198877

    Remember UASF? If incentives align amongst users, nodes, merchants and exchanges Bitcoin absolutely will switch to another mining algorithm and now the attacker has to start from 0…

  11. comment
    Comment #26198757

    It's baked into the incentivization structure, if you prefer it worded that way. Investing hundreds of billions of dollars and years of work to place a temporary speed bump in fron…

  12. comment
    Comment #26198723

    Right. And now this theoretical actor that controls 10x the hashrate of the rest of the world has lost 10x the amount of capital invested compared to the rest of the mining world. …

  13. comment
    Comment #26198688

    Right. The protections against this are already baked into the protocol. 51% attacks don't make sense because you're hurting yourself 51% and hurting everyone else 49%. And for thi…