31–40 of 52 posts
Cant wait for facebook to disrupt fintech with zero fee micro transactions. Been waiting for Mozilla/Firefox to do it as they are in a better middleman position.
wechat has been doing free transfers forever. Venmo too. Personal transfers on Paypal and Square cash are free too I think. Not too sure where the big disruption is.
Earlier quoted context omitted.
They were ostensibly just getting Libra started and open to feedback from the consortium but a lot of work had already been done on the code. This is often a sign of openwashing.
For what is worth, what was released was a state of the art implementation of a consensus protocol with different technological opinionated choices (what signature algorithm, what hash function, how to store account state, etc.) This did not have (and should not) have any impact on discussions around regulations. The development has also been ongoing in the open for a year since the announcement, so contributions and…
Earlier quoted context omitted.
For what is worth, what was released was a state of the art implementation of a consensus protocol with different technological opinionated choices (what signature algorithm, what hash function, how to store account state, etc.) This did not have (and should not) have any impact on discussions around regulations. The development has also been ongoing in the open for a year since the announcement, so contributions and…
Is the "don't even use a blockchain" discussion welcome? It's hard for people to escape sunk costs.
Off topic, but this is so so so so smart!!! > To contact me via email run one of the following scripts to generate my contact information. I find this is an effective filter against the deluge of emails from recruiters. > Recruiters who do contact me will be named and shamed publicly.
And wow, tbf that haskell script is simple enough to read w/o compiling. Never knew it was that easy to read. If you know a ceaser cipher then you can literally do it in your head.
Earlier quoted context omitted.
Crypto currencies generally are more popular with people who have less trust in the state, while people who trust states and their currencies are more sceptical. The same line exists in the Democratic/Republican divide. The question is how Facebook will market and promote their wallet and efforts. My assumption is that for end users this will be promoted as a way to buy and sell things and services via Facebook platf…
Note that there are also people like me, who trust their government for the most part but want a more transparency system.
It is worth remember that the current state of finance is already surveillance finance. Credit card records are sold and purchased, all large chains and stores do significant customer tracking on their own, more than just every item you purchase, when, and where. Even services like Gmail scrape information from your email for every receipt that you receive, although they purchase CC data either way.
It is worth remember that the current state of finance is already surveillance finance. Credit card records are sold and purchased, all large chains and stores do significant customer tracking on their own, more than just every item you purchase, when, and where. Even services like Gmail scrape information from your email for every receipt that you receive, although they purchase CC data either way.
In the US. In the EU local bankcards are used much more than CC and these are not mined. In NL shops are prohibited to build customer profiles based on their purchase history.