Viewing profile — w4llstr33t

Thanks for all the information. I was operating on some false assumptions, so this clarifies quite a bit.

I meant that the flat system of crypto where (at least before industrial mining), people could spin up mining rigs (which is still possible, I think at least with some altcoins), b…

> Those interested with very low latency are not hedge funds but market makers, and the kind of microstructure signals they exploit is not only orthogonal to what a retail investor…

Mint also did screen scraping, powered by Yodlee [1], if that’s what you mean. So, yes, same risks as Plaid. They later moved off of Yodlee to Intuit APIs, post acquisition, althou…

> As you learn more about crypto and traditional finance, it'll be fun to compare the two. Your confusion about the role of an exchange in traditional finance might be because you …

I still like the distribution of power to those who wouldn't have had a chance otherwise.

Thanks. I'm going to check this book out.

I don't know that much about this, so you could chalk it up to "great ignorance", I suppose. I'm a software engineer, interested in crypto, and not that involved in traditional mar…

At what cost are they providing this service though? They make a ridiculous amount of money doing so. Shouldn't the exchanges have offered the best price, and provided liquidity, i…

I was going to mention HFT. How is it a level playing field when they are in the picture? Paying top dollar just to be closer and closer to the exchanges to get the fastest, "best …

I like crypto but the way I read this is that it's a good number of the reasons that the existing financial infrastructure is better (particularly once the US infrastructure update…

I think companies should still provide a way to link accounts via small deposits. It takes a few days, but at least you don't have to share your credentials. (This applies to US ac…

It's become political at this point. Vaccines, too. Funny thing is, even Donald Trump got the vaccine.

If they are able to replace real world contracts one day, that could be a benefit, i.e. escrow and title transfer for real estate. They would need to be pretty complex to do so, si…

Here's the link for Mastering Ethereum : https://github.com/ethereumbook/ethereumbook

Yes, agreed, I had made an edit about this.

That doesn't appear to be their plan [1][2]. It is worth noting that they also have been subject to several 51% attacks [2]. [1] https://investorplace.com/2021/06/ethereum-classic-…

I think it would be worth understanding how Bitcoin works first. It's designed to be more robust. It doesn't change as often (some criticize it due to that), however, it could also…

$2.3 Million of the Colonial Pipeline ransom was recovered [1]. I haven't seen news of anyone from DarkSide being arrested for that hack yet though. [1] https://www.justice.gov/opa…