91–100 of 450 posts
I just spent 12 months investigating crypto. I bought come coins, got lucky on that ENS airdrop, made a smart contract, bought an NFT, learned some Solidity, joined some Discords, listen to some podcasts, set up a miner and generally tried to learn about this area. 2 weeks ago I left all but one discord, unfollowed all Web3 specific accounts on Twitter and stopped looking at Binance etc. My life has improved consider…
Am very glad to see this - was considering adding Coinbase's Commerce product due to quite a few requests to accept BTC payments for our hardware at https://kubesail.com - I suppose we have an extremely privacy focused user-base currently. Since we already use Stripe, I would be very glad to simply "enable bitcoin" as a payment method and leave it at that. Somewhat sadly, I was quite involved in web3 several years ag…
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Please don't start yet another instance of the same old generic flamewar on HN. The issue isn't whether you're right or wrong, it's that we've had this flamewar hundreds of times already and nothing new comes of it. That makes if off topic for this site, which is supposed to be for curiosity. Curiosity withers under repetition and fries under indignation. https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so..…
Happy to see you’re taking this approach now Dang. It’s really killed a lot of threads and I hope conversations can now go up a level to the technical uses rather than generic ‘ponzi scheme’ claims.
Most if not all of the "technical uses" rely on rent extraction so it's really hard to talk about the technical uses without focusing on that major sticking point. Cryptocurrencies/dApps et al only work because of a network of miners on top of existing Internet infrastructure. They all add some extra cost onto every transaction. This in addition to the fantastic number of hucksters and scammers that need suckers to buy into the system so they can cash out.
The whole subject of crytocurrencies cannot be separated from the implementation details. Talking about "technical uses" as if the economic considerations didn't exist is pointless.
I find the sheer volume of anger and hatred surrounding this and other related announcements completely unhinged. Why are so many people threatened by services that give their users options?
The main point of crypto these days appears to be to replace the current middlemen with different middlemen who can make more profit while offering the consumer much less legal protection. It's a bit concerning.
It's the opposite of the crypto dream. But that's not Stripe's fault; it's Bitcoin's, for not creating a product which is actually capable of living up to its goals, and instead requiring all this 'glue business' to make it work. I hope someone else creates a new radically-different cryptocurrency which can be truly new, and not just a novelty stuck on top of Visa/Mastercard.
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I just spent 12 months investigating crypto. I bought come coins, got lucky on that ENS airdrop, made a smart contract, bought an NFT, learned some Solidity, joined some Discords, listen to some podcasts, set up a miner and generally tried to learn about this area. 2 weeks ago I left all but one discord, unfollowed all Web3 specific accounts on Twitter and stopped looking at Binance etc. My life has improved consider…
If you got into crypto in 2021-22.. you already missed the boat. This is the cashing out phase.
Because if it can, then crypto market cap is 5-10x undervalued.