rms

Joined 19 years ago

Karma
22,600
Submissions
7,338
Member since
Feb 22
Now running a cryptocurrency hedge fund. http://www.cryptolotus.com

k &# cryptolotus #% com

  I miss nickb and have slowly come to terms with the fact that I was the only one that ever believed nickb wasn't pg.

  My topcolor is f1e9d9
View on Hacker News

Recent submissions

Comment · 6 years ago
I've been meaning to try and fix the wikipedia article again. I last did that and got into an obnoxious fight with jytdog. I heard a couple months ago that he dox'd and called to harass a wikipedian and then deleted his account ahead of anticipated punitive action. Without that person spending 80 hours a week to advocate his particularly narrow anti-plant medicine interpretation of what is correct with regards to medicine, biochemistry, and pharmacology on wikipedia, editing it again might actually accomplish something. I think I and many other editors that went up against jytdog are still carrying trauma that makes me reluctant to reengage but it's about time to try.
Comment · 6 years ago
not a YC company? they maintain a monopoly on job hiring posts on this site, you can however make the "monthly" hiring thread and post there
Comment · 6 years ago
The FDA/DEA have waged war on the kratom industry in extralegal fashion; I've had my personal bank accounts and credit cards shut down without explanation via https://en.wikipedia.org/wiki/Operation_Choke_Point.

With Operation Chokepoint over, the DEA/FDA still have colluded to prevent the kratom industry from processing credit cards. For my website www.getkratom.com, we take checks, echecks, and cryptocurrency. Sales are about 1/3 of what they were when we were able to take credit cards.

Comment · 7 years ago
Comment · 8 years ago
Right. I imagine a future where AI capital entities just hold bitcoin and never do anything with it other than hold it forever to secure the things they're doing on the advanced financial platforms of the future.
Comment · 8 years ago
In the USA at least, it still exists, and it's called cash.

If cash were invented today, it would be illegal. For most small payments if not large transfers, in the USA consumers actually have the right to transact anonymously. Tracking micropayments publicly forever on a blockchain seems like a step backwards. Being able to track large transfers on a blockchain is one of the benefits of living in the world where the Byzantine General's Problem has been solved.

Comment · 8 years ago
The white paper says it uses the Stellar consensus protocol but doesn't specify that the coin is on the Stellar network.
Comment · 8 years ago
For what it's worth, we also trust the NSA to have written and verified our most important cryptographic hash functions, leading to the first rule of crypto -- never roll your own novel hash function.

I see this as the start of a community effort to verify Intel SGX. I imagine that the process of rolling out a consumer facing high stakes product on SGX involves external verification of SGX beyond what it's gone through before.

Comment · 8 years ago
Bernie Madoff is reportedly quite popular in prison, if anyone was wondering.
Comment · 8 years ago
I lost a bank account last year and was unbanked for a little while. I really hate my customer service interactions with banks and would be quite happy if I could unbank myself.

Life pro tip:

If your Charles Schwab broker emails and says that they're wondering why your retirement savings are nothing but medical marijuana penny stocks and if you'd like to come in to talk about healthy portfolio management strategies, you should go into the local office and not ignore that email.

Comment · 8 years ago
Consumer micropayments is one of the most basic possible applications of this technology and that it hasn't been implemented yet is sad. I'm not a fan of the customer experience of Venmo and Paypal and Apple Pay that require me to have a bank account or a credit card. They work in the first world for transfers over a certain minimum but there is really clearly room to innovate still.

Do you see a future where blockchain technology exists but consumers don't use cryptocurrency? I do also. Who is to say that WhatsApps's implementation of Mobilecoin has to use their own proprietary cryptocurrency instead of letting users denominate transfers in local fiat currency?

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton