11–20 of 122 posts
Coinbase has one of the more interesting legal positions I have come across in a long time (registration/licensing/compliance work) and I know I will be kicking myself a year from now if I did not make every effort.
So the piece about more women was a little bit weird. It appears that as the broader market (made up of ~50% women) begins to use your product, you experience your demographic skew towards the broader markets' average demographic. Breathtaking.
Note the title is a bit misleading. They say 650,000 users but the next sentence they state > "we crossed more than 650,000 consumer Bitcoin wallets" I'm not familiar with their service but I have 20 or so wallets that I've accumulated over the past 20 months, so I'm guessing its entirely possible for a single user to have multiple wallets, infact its so common that I'd label it the norm. I wonder what percentage of…
You have 20 Coinbase wallets? Unlike regular bitcoin wallets, there's no reason to have more than one Coinbase wallet. A Coinbase wallet can have an unlimited number of Bitcoin addresses and it is generally tied to a real name with a bank account and/or credit card for purchasing and selling bitcoins.
Could someone visit coinbase's career page and confirm that the Apply buttons are not working. https://coinbase.com/careers Coinbase has one of the more interesting legal positions I have come across in a long time (registration/licensing/compliance work) and I know I will be kicking myself a year from now if I did not make every effort.
Earlier quoted context omitted.
You have 20 Coinbase wallets? Unlike regular bitcoin wallets, there's no reason to have more than one Coinbase wallet. A Coinbase wallet can have an unlimited number of Bitcoin addresses and it is generally tied to a real name with a bank account and/or credit card for purchasing and selling bitcoins.
Probably to avoid people associating ownership to one person as easily?
Note the title is a bit misleading. They say 650,000 users but the next sentence they state > "we crossed more than 650,000 consumer Bitcoin wallets" I'm not familiar with their service but I have 20 or so wallets that I've accumulated over the past 20 months, so I'm guessing its entirely possible for a single user to have multiple wallets, infact its so common that I'd label it the norm. I wonder what percentage of…
Not sure why Coinbase uses the terminology "consumer Bitcoin wallet", but it is pretty clear they mean "user accounts", where each account is associated to 1 wallet, each containing possibly multiple addresses.
Economics is very clear in predicting how this will end up. Bitcoins have no intrinsic value and therefore the long-term price will be precisely zero. Each generation has its tulips [2]; each generation claims that the persistence in tulip price means that there is permanent intrinsic value; each generation is disappointed [3].
The only thing interesting about bitcoins is that this provides an opportunity to watch a bubble: observe the justifications people make, observe how nay-sayers appear to be wrong, and watch the progression.
[1] http://en.wikipedia.org/wiki/There%27s_a_sucker_born_every_m...
[2] http://en.wikipedia.org/wiki/Tulip_mania
[3] http://en.wikipedia.org/wiki/Extraordinary_Popular_Delusions...
Speaking as someone who knows a lot about economics, I think PT Barnum put it best...[1] Economics is very clear in predicting how this will end up. Bitcoins have no intrinsic value and therefore the long-term price will be precisely zero. Each generation has its tulips [2]; each generation claims that the persistence in tulip price means that there is permanent intrinsic value; each generation is disappointed [3]. T…
Neither does gold, paper money, or diamonds. And yet they've remained valuable for a long time. What gives?
Speaking as someone who knows a lot about economics, I think PT Barnum put it best...[1] Economics is very clear in predicting how this will end up. Bitcoins have no intrinsic value and therefore the long-term price will be precisely zero. Each generation has its tulips [2]; each generation claims that the persistence in tulip price means that there is permanent intrinsic value; each generation is disappointed [3]. T…