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pointsphere

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pointsphere
·5 years ago·discuss
I failed basic reading comprehension. The first sentence of the abstract clearly says "It has recently been shown that the mere presence of one’s own smartphone on the desk impairs working memory performance."

So while the presence of a smartphone does indeed seem to impair the working memory, they found "no overall effect of smartphone presence on short-term and prospective memory performance".
pointsphere
·5 years ago·discuss
It‘s easy enough to believe, but newer research says that the mere presence of a smartphone does not have a measurable effect on cognitive function.

https://www.sciencedirect.com/science/article/abs/pii/S10538...
pointsphere
·5 years ago·discuss
Maybe they invented their holdings of commercial paper as well.

Pretending to be fully backed by USD didn't work out, so now they pretend to hold equivalent assets.
pointsphere
·5 years ago·discuss
Maybe a bank run on Tether for some other reason than the SEC? It would require a lot of people to lose trust in Tether at the same time, which surprisingly still doesn't look likely. But it might happen.
pointsphere
·5 years ago·discuss
To fund a Lightning channel you have to pay fees on the Bitcoin network, which can get quite high. Up to 50 USD during times of high demand.

To send to someone who's offline the recipient either has to run their own always-on node, or use a custodial service.

Routing small payments (one of the goals of Lightning) is unreliable with a high chance of failure. See http://essay.utwente.nl/82015/1/Satcs_BA_EEMCS.pdf
pointsphere
·5 years ago·discuss
I always hoped that Bitcoin would become "the people's currency" but currently it does not work as cash anymore. Lightning might become great, but the engineering needed just to send to offline nodes makes me sceptical, not to mention that the cost of funding channels is always handwaved away.

I wonder, does HN hate the "Bitcoin Cash" fork as much as BTC? It's the closest to the technical specification that made me interested in BTC in the first place.