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whatwherewhy

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I don't see anything patronizing or showing superiority in what I wrote. I am saying this as a peer, not as a superior.

It's kinda weird to expect people not to make mistakes such as this if nobody tells them it's wrong. And it's normal for people to tell other people they do bad stuff if they do.

[dead] 4 years ago

Of course... If you send someone unencrypted data, they can read it. Companies at least have to follow some laws regarding the data - don't expect that with private instances (not controlled by you).

Investors losing their skin? That's all risk/reward. They took big risk for big reward but lost.

No, it's not OK and it's not all risk/reward. The risk is whether the product can succeed and be better than others' products/services - not whether the company you're investing in is a fraud - that's what the legal system tries to prevent.

The alternating left-to-right right-to-left lines were done because you could read it easier that way - they used to have gigantic books/scrolls, the lines were very long.

This is possibly the biggest financial crisis in the history of everything.

Isn't that a huge hyperbole? I really don't see how it could even remotely resemble anything at all what it was like in 2008. It's no more than a footnote in practically every single country other than the US (and there probably too).

2 days - I get the BTC around noon, transfer it immediately, in the evening I get a confirmation from the recipient that they got it, and then I see them transfer it to someone the second day. Sometimes it's just 1 day.

All of these options you listed are significantly more expensive, and some of the contractors I work with don't even have that option due to KYC requirements - these people don't have access to functioning governments, they don't have passports. Also, most of my contractors don't use/have bank accounts (because where they live it costs money to have one) - so no way to take out the money if they used these services.

I did this dance at least 100 times and never ever had a problem with price fluctuation. Bitcoin is pretty stable on a 3-day timeframe.

I don't hold Bitcoin. I use it for cross-continent transactions. I buy it from people in my city using a local FB group or (way in the past) Localbitcoins.com and then send it to the recipient. They usually use Localbitcoins to convert it to their own currency AFAIK. The fees (transfer and exchange) are much lower this way - usually less than 0.5% all things considered. Compared to $100+ fee to just transfer the money + 5-10% currency exchange fee (both my and the recipient's currency aren't the most well known).

[dead] 4 years ago

Why is it so hard to just go work at another one of the thousands tech startups and companies?