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joyfylbanana

HN member
Joined
Sun, May 29, 2022, 6:31 AM UTC
HN karma
210
Public activity
70 items

About joyfylbanana

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Recent public activity

  1. comment
    Comment #35329115

    I wonder how much CFTC employees were placing those crypto futures and options before the announcement.

  2. comment
    Comment #35329074

    The so-called DeFi is full of centralized choke points, such as stablecoins and other centrally issued securities

  3. comment
    Comment #35153598

    People who can use VPN

  4. comment
    Comment #35101489

    That's why it pays.

  5. comment
    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…

  6. comment
    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…

  7. comment
    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…

  8. comment
    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…

  9. comment
    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.

  10. comment
    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?

  11. comment
    Comment #34792880

    This project never made any sense. Move on.

  12. comment
    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…

  13. comment
    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 …

  14. comment
    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, …

  15. comment
    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…

  16. comment
    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 …

  17. comment
    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…

  18. comment
    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…

  19. comment
    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…

  20. comment
    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…

  21. comment
    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…

  22. comment
    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…

  23. comment
    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

  24. comment
    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.

  25. comment
    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…