Viewing profile — repomies68

Why is it scary using Brex? In the end they are just providing credit, so the risk is on them.

So, this is good for Bitcoin.

Great thing that Balaji cashed out nicely also before he left coinbase. It is great that we can see so clearly in action that stupidity is sometimes rewarded with nice paycheck. Pe…

How do you define controlled? It seems one exec left because he had enough money, maybe others left for similar reasons.

What's the incentive of lying that the hack didn't happen and he still had the funds? Just shame? I don't think it is very sensible to lie at that point. You will just get caught l…

I think you can find good freelancers everywhere... And also bad ones. Whether upwork is good or not depends on your viewpoint. I think it is just a marketplace like everything els…

The exchanges don't collect taxes. Tax office probably requested information from the exchange and the exchange complied, and the tax office calculated the total amount withdrawn a…

Well, don't know for these stablecoins but to me the "normal crypto" meaning bitcoin is very easy to understand and use. It is like commodity nowadays - it is up to the user whethe…

Well I don't know why you would trust anyone in the crypto world not to be biased towards their own project. I think Vitalik is shilling Ethereum pretty regularly while dissing oth…

The market has ridiculous demand really, at times. But it highly depends on timing, location etc. And also resilience. If you run the exchange for long enough time, you will collec…

Well if 7000 stolen from hot wallet is something like 2% of assets and rest is in cold storage, then the risk is manageable. However I agree that 7000 BTC is a lot even if you are …

In this case customers in the end won't lose money, as binance can cover the loss from their own assets. And similar has been happened with most hacks in the past - as only hot wal…

Well the thief didn't touch any other cryptocurrencies that were on binance. What do you think is more valuable, a currency that thief wants a lot or one that they don't want?

Yeah just start a competitor, the licensing alone is something like 3 million... There's very little competition in the space and I guess there are reasons for that.

Full reserves aren't required to maintain the peg, fractional reserves can work as well. However with fractional reserves there is a risk that the backer might lose money.

People trust banks, even when the fiat in banks isn't fully backed. Usually the reserve ration is backed to something like 10%. To my understanding tether is just like a bank, exce…

Maybe she does also some gigs on the side, such as a escorting.

This. Don't except things to change if you happily stay in a workplace where things are done in a half-assed way. There's endless supply of jobs for software people nowadays.

I've experimented with ketamine a couple of times and can confirm. Very addictive.

Though if crypto funds are stolen from cold storage due to hack ortheft, there is nothing to do, even if you are regulated. When crypto transfer is done, there is no way to reverse…

Grin is quite amazing concept when it comes to privacy.

They might claim that they tried to help.

Essentially all these services and exchange that offer bitcoin wallets are like banks. I think they have been the main way to get and hold bitcoin since the early days, I would gue…

What's wrong with reinventing the wheel? I think having alternatives for financial transactions is just a good thing in itself. Of course you don't have to use them if you don't li…

Efficiency isn't everything. In my experience the problems with remote work are often more trust-related. If course this depends on the industry. We had a case in a fintech company…