Viewing profile — kobeya

No they have to re-write the history. The cartel of minors does not set the rules of bitcoin. It can only undo transactions by doing more work to write an alternate history. Even w…

Show me a regulator able to prevent bitcoin users who own their own keys from making transactions, or one able to reverse transactions once made and confirmed.

The problem (and advantage of) Nextdoor is that it is hyper-local. It's great for anyone in an HOA or apartment complex or whatever. It really fills a niche there. However I wish t…

Was that actually illegal? If it was an above-the-board campaign contribution, I'm not sure what the issue is.

As far as I'm aware, YC didn't cut ties with him. Rather, YC restructured their advisor program and he was offered a role in the new structure, which many other advisors did, but h…

Nearly all of Silicon Valley post-2001 is either (a) online retailers/ecommerce, or (b) parasites hanging off of the $100+Bn/yr online advertising industry. At the top of that latt…

> Coindesk is intimately linked with blockstream, As I said in another comment: "As far as I can tell, they both share a minor investor, Barry Silbert. And anyone who thinks that m…

The first is rediculous. Market cap is meaningless, especially in bitcoin where it isn’t even known well how much coin is accessible, and velocity of those coins in circulation is …

Velocity is how quickly money changes hands. Did you mean volatility?

Do you mean something other than velocity? It doesn’t make sense I’m hat context. (I’m not opening a google doc for security reasons).

Relevance? Bitcoins aren’t mined on GPUs.

We don’t know for certain how much was really stolen. We just have Tether at their word. And if more was stolen than the amount frozen, it certainly is redeemable—for bitcoin on an…

There is plenty of innovation going on in bitcoin space. Schnorr signatures, MAST, lightning, client efficiency improvements.

As far as I can tell, they both share a minor investor, Barry Silbert. And anyone who thinks that means anything hasn’t been paying attention to what went down regarding the New Yo…

Have a shred of evidence to back up your rediculous conspiracy theories? This isn’t Reddit. If you make wild accusations, back them up.

Mediums of exchange need to encourage usage, not hoarding.

Bitcoin was always digital gold. That was it’s value proposition from the beginning: a return to the gold standard, in digital form.

The Tether liability is about the same size as MtGox was, in dollar terms, when things started to unravel. That wasn’t a small effect.

Not all pool software was, or even still is so enlightened.

Convicted in the court of public opinion does not mean guilty.

Already passed the Sun.

You might like the book Rendezvous with Rama.

It’s a bad thing to the idea of a trustless, irrevocable, fully machine audited ledger of account. Why not just run it in your favorite RDBMS? That way we’d at least save a bunch o…

> The funny part is that Tethers came into being after Bitfinex was hacked, right, as a way to help them out? No, Tether is completely unrelated and existed (or was in the process …

I read the patio11 post as implying very strongly that Bitfinex was responsible in some way for Tether, when in fact that couldn’t be further from the truth.