mccoyspace

Joined 12 years ago

Karma
169
Submissions
54
Member since
Aug 25
[ my public key: https://keybase.io/mccoyspace; my proof: https://keybase.io/mccoyspace/sigs/8QE6Er-mvoWmI15OgDO61FqB0BOPZPfHmMZA7jUv0Io ]
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Recent submissions

Comment · 8 years ago
An interesting take on Google vs Apple. I would have loved to hear at least something about Alexa. I’m a hardcore Apple and Amazon user (plenty of Google too). I see myself staying imperfectly hybrid for awhile. (Edit:) the observation of post-screen being a way to be connected but not distracted was a real revelation. Would love that....
Comment · 8 years ago
Similar to what is required for bitcoin futures on cboe
Comment · 8 years ago
the cost of transactions has stayed mostly constant when priced in bitcoin. Like the article says, why always convert back to the dollar price?
Comment · 9 years ago
When it comes to Bitcoin, I think of Linux as an analogy. When it first emerged, many people questioned it's basic premise: "why is there a new operating system? Everyone uses Windows, or Mac". People didn't know or understand the idea of open source: "Doesn't that just mean people will find bugs and ways to hack it?" "Without a company behind it, how do I know I can trust it in the long term?" At first it's usability sucked. It took forever to get it up and running. It was confusing and hard to learn. It had a small, rabid fan base who kept obsessing about desktop adoption rates and wondering when it would take over. That is all kind of the same vibe as Bitcoin. But just as Linux showed, you don't need a monolithic, centralized entity to back it, it can start slowly and improve over time. "linux on the desktop" basically failed (cue all the linux desktop heads on HH....!) but it completely took over the whole back end of the Internet. Every server runs it. And it then morphed and took over almost all mobile/tablet/smartTV/etc/etc devices. I think something similar could easily happen with Bitcoin. It has securely held Billions of USD equivalents in value for years. The software continues to evolve. Its core technology has morphed into many other formats. And like Linux on the Desktop, maybe the early idea of digital cash will change into another idea, like a settlement layer. who knows? But I remain pretty optimistic about it.
Comment · 9 years ago
Comment · 9 years ago
Comment · 9 years ago
It’s a mind virus breaking out to infect all the world’s humans
Comment · 9 years ago
This is already happening. For example Coinbases’s new COO is ex-Ameritrade
Comment · 9 years ago
Comment · 9 years ago
Back in 2012/2013 there was something called "Mt Gox codes". It was a USD transfer mechanism that was supported by Gox, btc-e, early bitfinex and others. You could magically and instantly get a USD balance transferred from one exchange to the other. It was pretty crazy to see in operation as funds would instantly flow from Japan to Hong Kong to Russia/Bulgaria/wherever-btcE-was.

It was shut down by US authorities sometime in the Spring of 2013 as I recall. Tether is playing a similar inter-exchange roll today. At least now there is some kind of public ledger, but that may not be saying much.

Comment · 9 years ago
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Comment · 9 years ago
$1M doesn't buy you the time of day where I live in northern Brooklyn. And it's $1250 minimum per person in a rental share, often more.

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