On the contrary, it makes a significant difference. Futures have to roll over monthly and there's costs associated with that. Depending on the slope of the futures curve, the costs can be high (10+%). Holding spot bitcoin solves this problem and makes the fund more palatable to advisors and institutions.
HN user
jcliff
[ my public key: https://keybase.io/jcliff42; my proof: https://keybase.io/jcliff42/sigs/E4oBv4jkzsNz5a9sPRijX3YJnUqHww3Qh8cxRdM5r40 ]
This 2015 world time map update is an interesting framing of the ongoing Ukraine war.
sorry, you're still wrong. currency debasement and bitcoin aren't going anywhere.
brokerages need to have cash on hand to loan. they can partner with a bank, or it can come from their own balance sheet or investors, but it's not printed out of thin air.
In this thread, cynicism from people salty that they didn't invent or collect cryptopunks or bored apes.
I haven't gotten into nfts myself but to say that they are stupid or a scam now comes across as wishful thinking to cover your butt for missing out.
nfts represent ownership over digital culture, like it or not. digital collectibles. the market will decide whether they are priced like banksys or beanie babies.
While many will be a fad, I'm certain some won't be. Other nfts will be as mundane as an event ticket. It's a wide open field, and I think the HN community should try to keep an open mind.
well, a partial list of their investments is here: https://ventures.coinbase.com/
Some major ones aren't included such as CoinSwitch Kuber which Coinbase Ventures recently co-led a $260M round.
Something that I don't think is widely appreciated enough is that Coinbase Ventures holds chunks of many of these startups.
it's not a blockchain without a consensus algorithm. it's a linked list of hashes.
because nonvoting shares still represent economic ownership of the company. for example, they get pro rata dividends if dividends are ever declared.
without a way to resolve the canonical version without trusting a singular maintainer, git is not a blockchain. blockchains enforce consensus in a decentralized way, at least public blockchains do or should.
all of those transactions for $0 are actually distributions to the partners. the shares aren't necessarily sold.
I believe you need to email coinbase@secondmarket.com
not only that, but they custody grayscale's btc. they definitely don't need grayscale.
a giant head start, brand, trade secrets (hardware and software), strategic supplier & manufacturer relationships, strategic partnerships (app developers & carriers)
code still speaks for itself. it just has to be framed and delivered to an audience. your side project that's sitting on your hard drive or even your unpublicized github account isn't doing you any good.
This is exactly my thought as well. Not just for institutional money either. This makes it dramatically easier and simpler for retail investors (in both taxable and tax advantaged accounts) to get some exposure to BTC.
Does anyone have any recommendations for incorporating in Nevada? I plan to do business primarily in Nevada and understand that it is also a very business friendly state for incorporating. Unfortunately, clerky.com only handles Deleware corps. I'm currently considering doing it myself, rocketlawyer and legalzoom.
loved the dial up modem one. what a throwback.
flat based on what?
Also in the same space is beepi. http://www.beepi.com
They solve your second concern by not offering test drives to potential buyers.
This is just the market getting more efficient (better pricing) with an increased supply (hotel + airbnb). It seems like an overall positive thing to me.
so hostile. even if it's not a general solution, it's working. perhaps it's time for you to put down the books and build something.
Either a troll, typo, or somebody incredibly naive. I'd be curious to hear from people with experience though what a realistic budget (both time and money) for something like this would be.
You don't have to be mentally ill to act mentally ill. The charade has pretty much removed all credence to the idea that he is the creator of bitcoin. Perhaps that's what he wants.