Viewing profile — joyfylbanana
joyfylbanana
HN member- Joined
- Sun, May 29, 2022, 6:31 AM UTC
- HN karma
- 210
- Public activity
- 70 items
- HN profile
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About joyfylbanana
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Recent public activity
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Comment #35329115
I wonder how much CFTC employees were placing those crypto futures and options before the announcement.
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Comment #35329074
The so-called DeFi is full of centralized choke points, such as stablecoins and other centrally issued securities
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Comment #35153598
People who can use VPN
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Comment #35101489
That's why it pays.
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Comment #34967643
From board perspective it is difficult, because it is difficult to find CEO to do the layoffs and start strategy work again. It is just easier to keep the previous CEO if he is wil…
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Comment #34967629
The excessive hiring before the market downturn was also copycat behaviour, not about about having good investment ideas. Now everyone has realized that they were in a mass-psychos…
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Comment #34957116
The biggest difference is, that with financial debt you basically always have to pay it back in a way or another. With technical debt in startup context, it happens very often that…
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Comment #34926721
If you are transacting in a business environment, I think it is an added benefit if the counterparty in the transaction can't deduce information out of your transaction. Such as ho…
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Comment #34913277
I still use only BTC and the reason why I use it is not because it is so great technically, I just don't like fiat.
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Comment #34792902
That sentence doesn't make any sense. People can become merchants whenever they want for example at flea market, then suddenly they receiving at taler works for them?
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Comment #34792880
This project never made any sense. Move on.
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Comment #34723970
Looking at the downward trend in volumes, I suspect the profits come from the results of selling their bitcoins they have been holding in the balance sheet, the service itself is u…
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Comment #34723590
The acceptance of bitcoin payments at the grassroots level is still happening. With the Lightning Network, it's quite viable these days. I've been following https://btcmap.org/map …
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Comment #34722813
LocalBitcoins stopped providing the "in-person" model years ago. Also it really wasn't a business for them as people don't need the escrow service for that. They became regulated, …
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Comment #34722588
Their volumes have been getting smaller and smaller throughout the years. Likely reason is that the service just isn't profitable any more. Their volumes are public: https://coin.d…
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Comment #34668688
Yeah, let's say that it is incompetent management. As an business owner, you can fix the situation either by forcing people into offices, or firing the bad managers and recruiting …
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Comment #34668582
I think the macroeconomic trend is that the work is moving slowly to poorer countries. Makes perfect sense, as in US there is a lot of money, it should mean less desire to work and…
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Comment #34668202
Managers don't have much idea what employees are doing, them being on site gives them a feeling of things being in control. It is not that surprising, if you think about it busines…
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Comment #34668031
> I hope people in other areas of the world wise up to this and ask for 1st rate salaries and benefits LOL. That's totally out of touch. It is not about them "wising up". There are…
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Comment #34667863
It is always the employees telling these stories, but how managers are supposed to know if they are really working? When they are at the office the see it with their own eyes. Comm…
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Comment #34667785
I'm not a direct employer, mostly an investor and solo entrepreneur who has low likelihood of ever employing people again. Used to be a big employer until sold my company. Personal…
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Comment #34639385
Looking through the chat, it doesn't seem to me that CZ is suspecting SBF with just this $250k trade. To me it looks like he is suspecting that SBF is doing something shady, and th…
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Comment #34322894
Though for many normal people it was also about buying drugs online which could be seen as "get free from the government" kind of thing
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Comment #33967075
Depends on how they communicate with the user. If their terms say that they are allowed to convert other USD-pegged tokens to BUSD, fine.
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Comment #33966986
> we're all here in this space because we want decentralized censorship-proof, public recorded transactions dude what. no. the majority of people are "here" just wanting the number…