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spurdoman77

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For stablecoins, I think normal people dont think thar much about the shadiness but more if it works or not. Tether has been keeping their stablecoin stable for 6+ years, for normal users it looks good for quite wide variery of uses. Of course no one is saving their pension in USDT but there are lots of shorter term use cases.

The fact that Coinbase did a DPO instead of some kind of fancy DeFi-based offering is telling in their potential lack of conviction in the ability to offer public securities at this stage in the game through some of these smart contract based platforms. I'm sure @barmstrong has spent a lot of time thinking of this, I certainly would be if I was him.

I think the reason is very simple. Traditional markets have way more investable capital, which leads to better liquidity and higher price. Yes it is possible to issue an equity token, but credible companies will get better valuation and liquidity from traditional equity markets.

The bitcoin blockchain is full of transactions, and lots are probably being made offchain on Lightning Network or on centralized services. Your claim is that all these transactions are for speculation only (which is quite common claim). On what data do you base your claim?

Depends on the kind of transaction you are doing. For bigger transactions it is actually nice not having to pay percentual fee as with Bitcoin. However with coinbase I believe they are high percentually.

Trust issues. While 80% of employees could be more productive remote, 18% could have serious issues with productivity and 2% might actually turn nefarious while remote (steal company IPR or something like that). Or I would imagine thats what the fear is.

The source-of-funds problem is solvable, otherwise companies like coinbase wouldnt be allowed to exist. Paypal just needs to buy some chain analysis service, and implement SARs and other related AML stuff.

This. People underestimate the value reputation like this can have in the industry. And anyway, the guy is smart, he just has to work on his monetization strategy. The business model where you do things for free in hopes that some kind corporation will pay you just doesnt work.

Proof of stake literally makes rich richer, thats the point of it - holders can mint new blocks. With proof of work there is actual work involved tol, not just minting money with your capital.