klochner
Joined 16 years ago
Joined 16 years ago
In an email to Barron’s the head of the SIPC cast doubt on
the idea that it would insure checking or savings accounts.
“SIPC protects cash that is deposited with a brokerage firm
for one limited purpose...the purpose of purchasing
securities,” wrote Stephen P. Harbeck, the president and CEO
of SIPC. “Cash deposited for other reasons would not be
protected.”
https://www.barrons.com/articles/robinhood-app-is-offering-a...Business majors want to focus on their career, MBAs are mostly there and ready to settle down.
They could easily take half the cars off the road and transform downtown.
They're more convenient and a fraction of the cost of an uber, and they're fun to ride.
People should not be riding them on the sidewalks, i'm expecting that to change quickly.
> If the value of ether held as collateral is worth less than the amount
> of Dai it’s supposed to be backing, then Dai would not be worth one dollar
> and the system could collapse.
> Maker combats this by liquidating CDPs and auctioning off the ether inside before the
> value of the ether is less than the amount of Dai it is backing.
Note combats not prevents, it will go to zero with probability 1 [0].We need more housing.
The conversations you see from VCs has similarly changed - instead of talking about teams building enterprise value, you hear something that sounds more like speculative bubble FOMO language.
Maybe i'm wrong, feels ominous.
This post has a good list of models:
https://25iq.com/2015/08/22/a-dozen-things-ive-learned-from-...
Tren’s weekly ‘dozen things I’ve learned from foo’ series is generally high quality.
Also, hardware is a fixed cost, fixed costs don't affect the price at which miners would stop mining.
[X] Open Source Tools
[ ] Massive Data Sets
[ ] $Millions in Computing Resources
I'd put it roughly on par with finding a general cure for cancer. While unlikely, quite amazing that the cure for one of the largest causes of death could be solved 3 doors down with lab supplies from amazon and a handful of mice.
Currently working as an Engineering Director at SoFi.
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[ my public key: https://keybase.io/klochner; my proof: https://keybase.io/klochner/sigs/DbBmNhJDrimZQdQ0ADjQcTFfwlkWELzO9nPvNrpAWI0 ]