Earlier quoted context omitted.
It's really unfortunate. But I guess it's better than shortening it to "currency" because that would imply it has actual value.
What is actual value to you personally?
Can be exchanged for goods and services.
Stripe Crypto
61–70 of 450 posts
Re: Stripe Crypto
#62Earlier quoted context omitted.
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.
We've been taking this approach for a long time - it's just hard to get the word out.
slippery slope dang, HN soon the place to be for promoting NFT's about tech
oh it is already, does Stripe gets an exception because it is "backed by YC"?
https://www.ycombinator.com/companies/stripe
It should be tagged as such
More transparency dang, please
Re: Stripe Crypto
#63[deleted]
Re: Stripe Crypto
#64Some high quality humor on the page with "Cube Thingy 1", "Cube Thingy 2", and "Cube Thingy 3"
And the Cube Thingies are real! https://niftygateway.com/collections/cube-thingies
Re: Stripe Crypto
#65As expected, lots of people unhappy. RailsConf had to cancel a talk on web3. I wonder if Stripe will face the same pressure.
Re: Stripe Crypto
#66Earlier quoted context omitted.
Can you post the reply? I'm curious about what they said.
Sure, I inquired about the API, and got a templated reply that simply repeated the API's landing page I replied saying I'd be interested in knowing what they're looking for in potential beta partners: > That is good to hear. All you need to do is follow the instructions listed in my previous email and wait on contact from the Treasury team. I am happy I was able to assist you. > Thank you for choosing Stripe! Keep in…
Doesn't sound like you even interacted with a human being but a badly written bot.
Re: Stripe Crypto
#67Earlier quoted context omitted.
people have been saying this since 2011. thats not to say that the speculation that is taking place in crypto isnt ridiculous and destructive, but your claim is completely unfounded
The risk reward ratio is just not there anymore. We may see $100K bitcoin, sure, but that's just 3x, you can get that buying and holding TSLA starting today. But IMHO the risk of bitcoin crashing to, say, $10K is pretty significant, especially when Russia sanctions could be used as pretext to regulate crypto to death.
Very bullish for you to think TSLA is going to be a $3T company in the near future! I'm sure it will happen at some point. Maybe it will due to inflation hah.
But on average the market takes very roughly 7 years (probably more) to double your money. So you are talking about a ~10 year time frame.
Re: Stripe Crypto
#68I 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?
Because if Bitcoin specifically takes off it will force governments to balanced budgets, exposing a lot of hidden corruption. Detractors cherry-pick concerns about energy usage, but never show the energy usage of the existing system for comparison.
Re: Stripe Crypto
#69Slight tangent: Maybe it’s just me, but I’m somewhat uncomfortable with the label “crypto” being co-opted as official shorthand for cryptocurrencies. I see how it’s a natural truncation of a long term, but to many of us the word crypto can mean many other things. When I saw the headline, I wondered if they had released their own cryptographic library or something else to that effect.
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Re: Stripe Crypto
#70I 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?
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