Viewing profile — spir

If micropayments have a future, it's on blockchains. https://www.x402.org/ https://www.8004scan.io/networks https://www.x402scan.com/

> 1. People who have insider information, or at least more sophisticated predictive capability than your average person. This bucket as you've defined it is too broad. There are a …

> we live under a system that is arranged for the sole benefit of the owners of capital This is totally false. The vast majority of consumers enjoy huge benefits from the system wh…

This is good analysis. The main longitudinal aspect omitted is that the profitability of the attack goes up as long as the price of BTC doesn't double or more each halving. In ~6 m…

> It's a centralized system with a facade of decentralization. Same applies to stablecoins. Centralized assets in an on-chain wallet are much more useful than in the traditional fi…

Crypto is a casino (often fraudulent) and a scam factory. It's also the source of at least one great new global public institution (Ethereum) and is likely to run much of the globa…

> which defeats the whole point of a decentralized, trust-less blockchain, and you could let that trusted party just run a centralized database A centralized token (like USDC) bein…

It's true that perp platforms are zero-sum games mostly catering to extremely high risk traders that overwhelmingly rely on luck more than skill. I don't use perp platforms myself.…

Here's a list of some transformative benefits of decentralized public chains https://news.ycombinator.com/item?id=46175312

1. Stablecoins 2. Tokenizing all assets (equities, commodities, real estate, etc.) 3. Being able to use those stablecoins/tokenized assets in DeFi protocols that are more automated…

I don't think many people on HN realize how globally systemically important public blockchains are on track to become, especially Ethereum. The understandable hatred of the casino …

We should be increasingly skeptical of the claim that crypto can't do better than the existing system. I myself use defi all the time. At this moment, I could go borrow money on th…

What do you think of the growing evidence that blockchain will soon provide much more utility to the world beyond gambling and crime? https://www.economist.com/by-invitation/2025/1…

Coincidentally, there is a renaissance in micropayments happening in crypto right now. It is only a few months old and growing fast. It's called x402. https://www.x402.org/ https:/…

One example is the potential for tokenization on public blockchains to provide a more globalized, automated, and efficient foundation, with stronger property rights, for global fin…

Two and a half years ago I submitted "Warn HN: I've never seen the HN community so delusional about a major tech area" https://news.ycombinator.com/item?id=35172767 Since then, man…

After Fusaka went live today, Vitalik explained the significance of data availability sampling https://x.com/VitalikButerin/status/1996342458234605895

Good to see more recognition that the housing shortage in the West is actually caused pretty much entirely by policies that made it illegal for the market to provide sufficient hou…

If you like zero knowledge proofs, check out https://ethproofs.org/blocks

lol, this thread has 1 comment and 19 points as of my writing this comment. Historians will look back with amazement at how little HN seems to care about the future of money and ec…

Pretty huge. It's the future of much of internet monetization and anti slop.

Pixel 9 is so extremely slippery that one can't help but think they designed it to need a case. I never bought a case prior to Pixel 9 but the thing is like a wet bar of soap.

Earlier this year, a crypto app web UI attack stole $1.5 billion. A couple hundred grand is not what these attackers are after.

You are missing what many are missing, which is that a centralized stablecoin like USDC on a public blockchain is already much more useful and powerful than a dollar in a bank acco…