Viewing profile — tgraves83
tgraves83
HN member- Joined
- Fri, Jun 07, 2013, 3:06 AM UTC
- HN karma
- 23
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- 12 items
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About tgraves83
Recent public activity
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Comment #28634288
The current implementations of the lightning network don't easily allow transactions to an address (A method called keysend does exist but isn't widely used). In order to receive a…
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Comment #26332031
As a systems person you don't see any benefit to having different layers? Currently you are getting to watch the issues of shoving everything into layer 1 play out on Ethereum. Bit…
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Comment #26331644
Since you are using an appeal from authority citing your distributed systems background, could you provide some actual detail of the "obvious deficiencies" of the lightning network…
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Comment #26109032
I believe Strike is upfront about the fact they are using the stable coin USDC at the exchange for that part of the transaction. USDC is backed by Circle and Coinbase and is probab…
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Comment #26108774
Have you ever used a cryptocurrency exchange? I admit, there have been some bad actors in the space as there is in any nascent technology, but at this point there are a number of l…
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Comment #26108027
It doesn't sound like you bothered reading the link I posted. Price volatility caused by a "run on the bank" doesn't really matter if you are sending payments between two people us…
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Comment #26105196
I generally agree. However, these can become bubbles themselves or be overcrowded trades. Plenty of the value in those investments is pure speculation and not productive investment…
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Comment #26104557
I agree that paying for things directly with bitcoin doesn't make sense. However, that doesn't mean bitcoin doesn't have a use case as a global settlement network and volatility is…
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Comment #26067359
I think cryptocurrencies definitely do have stronger network and memetic effects than gold. I agree with you that something like a bitcoin standard would probably be a disaster. Ho…
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Comment #26065748
Do you think the government is going to tie the currency to bitcoin and we'll be on a bitcoin standard? That would be the equivalent and would mean bitcoin would be insanely valuab…
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