I've found ChatGPT 4o (the voice one) to be useful, I just need to prompt it first by saying `Whatever you hear in Chinese, say in English, whatever you hear in English, say in Chinese`. It refuses to cooperate if you tell it to be a live translator.
Anyways, it seems to understand context really well, I tried it out with a Chinese person and they said it worked really well.
It even works for Croatian which is awesome as it is a really small language that anything voice-related usually does not work with.
I closed your website instantly as soon as it played a sound, it's pretty bad it does that. When I try to click on the whitepaper button, the click actually goes to the globe. I am sorry but it's very amateurish.
Anyways, what do you offer that bitcoin doesn't and what do you don't offer that bitcoin does?
I know for a fact that normal people use crypto in Venezuela, albeit through apps and Binance. Their currency is crap and USD was outlawed for a while. I got the info first hand recently when a Venezuelan dev colleague visited my country.
You get to call it stupid, you don't get to cut someone's water or electricity off because you think they have a stupid opinion. Same should go for having the ability to pay for stuff and receive money from people who want to give it to you, as long as what you are doing is not illegal.
They don't have to be sitting there. A startup with a good person running finances will also have short term investments (should not be S&P though). Not sure about all startups in general but in my experience so far, this is what happens.
If sufficiently motivated, take pics with your phone. With a good camera, you could minify a lot of code into a tiny font size, take a photo or multiple photos, and OCR them later.
Or encrypt the whole repo and just send it to a bucket somewhere. I mean there's got to be a lot of ways to do it if you really want to.
I am not the best person to address everything point by point as I am not putting enough thought into it, but perhaps I could point (heh) you in the right direction.
Sure you could let Visa do this (as they and Mastercard handle most online payments now anyways), and it would probably work as well as Visa/Mastercard work now, but for some people that is not good enough.
1. Differentiate clearing (telling you you now have some money) and settlement (you getting the money you "have"). For Visa and Mastercard the latter takes days or more.
2. Permissionless means that you don't need any entity's permission to transact. Visa and Mastercard definitely require permission, and on occassion don't give it for various legal but "immoral" things like porn, Wikileaks, and who knows what in the future.
3. Borderless is kind of similar to permissionless. As soon as you bring in legacy behemoths like Visa into it, this kind of goes away.
4. With decentralization, fees are determined objectively (you pay to get in, and if there is enough demand, regardless of price, blocks are full). A monopolist would charge as much as they could get away with, sometimes even if that means no transactions are being performed.
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I would say that with a Visa(like) company, you definitely lose 2, and 4 will probably have some bullshit involved.
I don't see them as bragging. The first part of the paragraph is their previous "hard-working" perspective, and later comes understanding of the people they were looking down on.
Anyways, it seems to understand context really well, I tried it out with a Chinese person and they said it worked really well.
It even works for Croatian which is awesome as it is a really small language that anything voice-related usually does not work with.