Jakawao

Employees tend to leave when a major portion of their compensation disappears.

That doesn’t address the criticism. If I pay for a good or service via crypto and it is not delivered satisfactorily, what is my remedy? Who even decides what “satisfaction” is?

Yes, the dispute/chargeback process for cards is cumbersome today, but it is a solution - albeit inefficient. What is the crypto answer?

I don’t mean to put you on the spot for this question, but I would love to understand how decentralized solutions might address this issue.

> The pre-central bank localized agrarian and early industrial economic model leant itself to boom and bust cycles eg massive instability

Glad to see we put those patterns behind us /s

In 1936? Sorry, I don’t remember that.

Can we please keep these political hit job pieces off of HN? /s

I do believe that all competitive advantage is temporary and that better offerings are to come from a variety of players... However, there is simply nothing close to Tesla on the planet today. It will be some time before others can catch up. They will. It is inevitable. Right now, Tesla has something others are unable to produce.

Success is not a binary. It is relatively easy to build a small team that functions well. When you try to scale, it gets exponentially harder. This is why there are few successful startups, fewer successful scale ups, and even fewer unicorn success stories. This shit is hard and requires more investment from more people over time, not less.

I can’t tell if you are being sarcastic or not, so I assume this is a serious comment.

Can you share some examples of use cases where DLT is going to be transformative?

It is an excerpt from a newly released book. If you want the milk, you have the buy the cow.

Two Spanish brothers are trying to make their own jamón in Texas. Acornseekers.com

Also, keep in mind that Hawaii was not even a US State at this point. It was an independent island nation that happened to have a US military base.