Viewing profile — jaredtn

Today, with our archaic system. That's why we need digital currencies.

The parent comment was about enabling micropayments, not the proper price for a song. Forest for the trees...

This is how literally every financial asset works. If you want to make a customer cash-flow argument, Ethereum has $9B of ARR. Same story.

That data looks at January 1979 to present. I believe ever includes the rest of the 20th century as well... There was certainly a negative return over 20-year periods including the…

Graphics on this need some serious work. Can't tell the difference between a bishop and a pawn. Would love to play it otherwise.

Here is a site that makes it easy to download the GIF: https://www.deviantart.com/minecraftrulz2017/art/Nyan-Cat-HD... . Please let me know when the crash is expected, now that you…

It's considered the same as an in-kind transfer for stocks from one broker to another. Again, the understanding of "property" is evolving in this environment, and there are areas o…

For the first question, it depends if you bought the fifty cars for $100 each, or if your basis is less than that. Cost basis is key here. And no to the second question. The IRS ha…

Not true. Converting from BTC to ETH is a taxable event, for example.

Quite excited to read this. Murphy does a great job of explaining concepts from first principles.

Agree that today, Ethereum transaction fees are terrible. But I'm quite optimistic for the future. First we have Layer-2 rollups: https://ethereum.org/en/developers/docs/layer-2-sc…

Ethereum is a much better place to build apps and tokens. The ERC-20 standard has been game-changing. Currently 19 tokens at $100M+ market caps, with more to come.

If your coin can be sued by the SEC, then it's probably not decentralized.

Steph Curry is 6'3", in the 98th percentile for height. Wouldn't quite call him short. And there are only ~2,800 7-footers in the world, many of which are in the NBA. So tall playe…

Thanks, fixed!

This is Berkson's Paradox. Even if coding competition performance correlates positively with job performance in the general population (which it certainly does, given that most peo…

It was certainly a move to stabilize the stock market and Treasury market. However, having a reserve asset that steadily, stably climbs lower is not a store of value by any definit…

China is no longer a net buyer of Treasuries. They have begun to sell off their position over the last 5 years. And the renminbi is actually quite strong lately, the Chinese govern…

There are two concepts here: medium of exchange and store of value. Currently the US dollar (and Treasury bonds) do both. It's unlikely that the US dollar disappears as a medium of…

Do all technical advances make you feel sad? Why hang out on Hacker News then?

Amazing the pessimism in this thread. Everyone looking for a way to tear them down. This is an incredible success story, and should be an inspiration.

That's exactly my point :) It's not that plastic straws are significantly good or bad - they're a distraction from the real issues. And the fact that it gets any airtime at all is …

You said it youself: political mismanagement. Make it illegal to build apartment buildings, make it impossible to build good public transit. Ban plastic straws. Refuse to prosecute…

I think he's saying that Google at a certain point in time managed to hire the talented & motivated people. So it can be done, because these companies have done so successfully at …

Thank you for this!