Viewing profile — nemild

The first wave of stablecoins isn't replacing fiat currency, but replacing money movement protocols. Expect most teams to convert stablecoins once they receive it, but even then it…

(On the small team that helped create x402) To start, it's great for micropayments globally. There are examples where you want an API once and not again, and you don't want to crea…

Fast, cheap money movement globally (compared to wire or ACH in US). At this phase, stablecoins are largely best for easy money movement, but the money ends up in fiat. We are seei…

Agreed, and I don't think that's a bad thing. To start, think that stablecoins are great for money movement, even if fiat is used on both sides. For example, Bridge (now part of St…

Answering this seriously. Most goods today are denominated in fiat, so stablecoins are a better fit than gold. And at this stage, stablecoins are great for easy money movement (rat…

Beyond crypto teams, we're seeing increasing use cases for more teams to use stablecoins to pay. For example, both Gusto and Deel (YC teams) are using stablecoins to offer worldwid…

Think this is the future, as the AI Web takes over the human web. At Coinbase, we've been building tools to make the blockchain the ideal payment rails for use cases like this with…

You're welcome to borrow my copy, feel free to ping me.

My dad was at this talk in 1986 that PG shares on his blog: https://paulgraham.com/hamming.html Said it was amazing.

I help lead the Coinbase Developer Platform team ( https://cdp.coinbase.com/ ). Our goal is to build crypto developer tools that bring millions of developers and billions of users …

Coinbase (YC S12) | Remote (North America) | Full-time ============================================== I help lead the Coinbase Developer Platform team ( https://cdp.coinbase.com/ )…

> A number of transactions looked enormous but turned out to be some form of washing e.g address X sends $100MM worth of bitcoin to two addresses, with ~$1k going to address Y and …

On a related note, a few years ago, I went through an entire year of top headlines in the New York Times (top few pages), and mapped them against actual death rates: https://www.ne…

One more to add is Reddit's Personal Finance, where this question gets asked a lot. The wiki (second link, search for Windfall) esp has a number of great articles on topics like th…

Coinbase (YC S12) | Cryptocurrency Exchange/Wallet/Custodian | Technical Product Managers and Engineers | San Francisco, CA | ONSITE We're hiring engineers and technical product ma…

Great point. Would you argue the media landscape is the way it is due to incentives these select organizations face or the monopolistic nature of these companies? Separately, you n…

It depends on what "diverse" means to you. I would say that Scientific American isn't the same as a partisan news channel. But to the degree that an ad driven model and social medi…

Two observations: 1. There isn't a single media (often, when your tribe is against another, you view the opposition as monolithic rather than a spectrum composed of different viewp…

This last came up for OSS and Slack (e.g., "Please don't use Slack for FOSS")[1][2]. I took some time to reflect on why OSS wasn't the default for these messaging tools, rather tha…

I've been writing a series called Notes to a Young Software Engineer, and handling burnout was one of my first posts. Most importantly, see a licensed medical professional. Burnout…

A common argument (that you also make) is that if you're on the inside, you obviously know better than those on the outside. There's a lot of reasons to believe that isn't true. Fi…

Compared to credit cards: - Bitcoin doesn't have chargebacks - Bitcoin's base protocol transaction throughput is low - There is a fixed cost per transaction (credit cards have low …

I'm doubtful that most journalists actually want it to be that way. Those are just the economic and reader incentives in journalism today. There are some great stats about just how…

One of the scariest quotes for me was Facebook's Little Red Book in 2012 (a book handed out to every employee) that had this quote: > "When everyone has a printing press [i.e., Fac…

More in this post too: https://vicki.substack.com/p/keybase-and-the-chaos-of-crypto > All of a sudden, I started receiving lots of random messages from people without profile pictu…