Viewing profile — dingus9
dingus9
HN member- Joined
- Fri, Feb 19, 2021, 9:49 PM UTC
- HN karma
- 12
- Public activity
- 13 items
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About dingus9
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Recent public activity
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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…
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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…
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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…
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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…
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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…
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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... ...…
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Comment #26280323
DeFi loans and platforms like blockfi let you borrow against your BTC.
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Comment #26213149
Sanctioning political opponents kind of sounds like a dictatorship to me.
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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…
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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…
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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…
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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. …
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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…