Introducing A16Z Crypto

Post by wpietri » Thu, Jun 28, 2018, 4:20 PM UTC

darkmighty wrote: post #299

wpietri wrote: post #219

Earlier quoted context omitted.

Thanks. That's a plausible hypothetical. Could you name an organization like that? One that you are eager to donate to? How many people would like to donate to it? What's the total payment volume per year? The only organization I can think of that might be in that category is Wikileaks. But they take both credit cards and Paypal, so they don't qualify. Maybe Hamas or Al Qaeda? Except that those are illegal to donate…

Library Genesis/SciHub[1], and its various access portals[2]. Honestly LibGen+SciHub is doing more for humanity than almost any organization I know of. It's the next generation complement (not replacement) of Wikipedia -- truly opening the entirety of Man's knowledge to anyone. I don't oppose paying content creators, but I suspect the vast majority of people accessing this knowledge wouldn't do so under traditional p…

Thanks! That's a good example. Very niche, so it's probably not enough to sustain a robust financial network. But I agree they could happily piggyback on a more general "light crime" cryptocurrency.

Post by clarky07 » Fri, Jul 06, 2018, 11:21 PM UTC

sacado2 wrote: post #301

dsco wrote: post #110

Earlier quoted context omitted.

I think you're doing blockchain and human ingenuity a disservice by framing the question that way. Many corporations haven't revolved around "solving a problem", but instead making existing solutions more efficient. There were people letting out apartments before AirBnb, and there were taxi cars before Uber - yet we feel that these companies are making our lives easier. Also your question is very much centered around…

Genuine question: how is bitcoin a better inflation hedge than gold, especially in (somewhat) poor countries where making online transactions (and mining bitcoin) is not as easy/affordable as in the most developed countries?

because gold is heavy. it isn't easy to move, or transact with.

Re: Introducing A16Z Crypto

Re: Introducing A16Z Crypto