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Tether (USDT) is launching on Coinbase Pro

blog.coinbase.com
9 points·by gge·5 tahun yang lalu·2 comments

Visa now settles payments in USDC stablecoin on Ethereum blockchain

theblockcrypto.com
22 points·by gge·5 tahun yang lalu·4 comments

Bitcoin hits all time highs of $27.7K USD

coingecko.com
7 points·by gge·6 tahun yang lalu·1 comments

comments

gge
·5 tahun yang lalu·discuss
bc1 isn't an uncommon prefix, its a bech32 native segwit address that's been in use for years now (IIRC 1 and 3 are the other prefixes, 1 being the first and most popular and 3 being a backwards compatible segwit address, i.e. non native). Stats: https://txstats.com/dashboard/db/bech32-statistics?orgId=1

faulty key pairs being generated is a well known issue with poorly developed wallets, not with Bitcoin itself. None of the popular wallets have this issue so it doesn't undermine Bitcoin.
gge
·5 tahun yang lalu·discuss
Dont reply to jude-. Hes an idiot who has no clue what hes talking about.
gge
·5 tahun yang lalu·discuss
What are you talking about? Chainlink is used a ton, literally powers most of defi. Its used to secure 10s of billions of $.
gge
·5 tahun yang lalu·discuss
bullish
gge
·5 tahun yang lalu·discuss
yup
gge
·5 tahun yang lalu·discuss
> the supposed point of crypto is to reducing the reliance on, and grifting from, companies like Coinbase

Yes, that is still the case? Decentralized exchanges like Uniswap are dominating (over $1B volumes daily) and growing very rapidly. Crypto is and always has been about decentralization.
gge
·5 tahun yang lalu·discuss
Settlement != payment
gge
·5 tahun yang lalu·discuss
Are you agreeing or disagreeing that it is a threat? Linux did take a ton of market share from Microsoft on the server side.

Linux is also not a good analogy IMO, because Uniswap has a lot of direct retail/consumer usage whereas Linux isnt used directly by the average person.
gge
·5 tahun yang lalu·discuss
Nope, wont happen. https://medium.com/dragonfly-research/ethereum-is-now-unfork...
gge
·5 tahun yang lalu·discuss
False, smart contracts have so much demand that Ethereum gas prices have skyrocketed in the past year
gge
·5 tahun yang lalu·discuss
Whenever crypto comes up on HN all the comments are either copium, Tether, or people saying "I'm not wrong its the market thats wrong".

Amazing to see how the tech/SV mainstream completely missed out on Defi, and are now missing out on NFTs.

This comment explains HNs relationship with crypto perfectly: https://news.ycombinator.com/item?id=24310174. Good quote from @balajis: "Crypto is what comes after Silicon Valley"
gge
·5 tahun yang lalu·discuss
> Stellar

kek
gge
·5 tahun yang lalu·discuss
Cardano is obviously a shitcoin. This should be immediately obvious to anyone in tech
gge
·5 tahun yang lalu·discuss
Imagine being a HN reader and shilling Cardano. Do you know anything about technology?
gge
·5 tahun yang lalu·discuss
Why are you shilling Nano? No one uses it, and no one will ever use it.
gge
·5 tahun yang lalu·discuss
Cope
gge
·5 tahun yang lalu·discuss
Here is a good piece explaining why the data backing that articles arguments is BS: https://medium.com/@nic__carter/assessing-bitcoins-liquidity...
gge
·5 tahun yang lalu·discuss
Wow, Elon got scammed to buy Bitcoin?

What does the ex-CEO and former largest single shareholder of PayPal know about digital money?

What does the world's richest man know about money?

Apparently not much.

Definitely not more than you, since you know that Bitcoin is a scam.
gge
·5 tahun yang lalu·discuss
If you think Bitcoin has no value, why not short it? Bet on your beliefs. I think it has value, which is why I'm long.

Skin in the game > debate
gge
·5 tahun yang lalu·discuss
> people making investments with bitcoin backed loans

There already are Bitcoin backed loans offered by both decentralized services (like Aave, Compound, Maker etc) and centralized services (like BlockFi, Celsius etc). They get real usage. Aave, Compound and Maker have $17B worth of crypto deposited in them as collateral. BlockFi has a $2.85B valuation.