Recent submissions

Comment · 4 years ago
I'm pretty happy with Youtube TV, which I think is relatively new.

I think with the size they don't have a lot of interest in running "small" businesses even if they have some traction. Something like Stadia was maybe just wholly unprofitable but maybe had some benefits if they developed remote gameplay tech that might be re-used in another product someday or offered as apart of their cloud offerings.

I guess they'll eventually jump in on the upcoming AR war, but it might be hard to beat the offerings from Meta and Apple. Maybe they'll have the Android of AR?

Comment · 4 years ago
I think they have an excellent chance of being the last one standing. Unless we learn that they have also been operating a scam. If all they do is run a reliable exchange and don't get hacked, as other exchanges fall they'll probably get more business.

But I think if public interest wanes, and crypto sort of becomes this amway for nerds thing, then they'll probably flounder unless they prune back their costs significantly.

Comment · 4 years ago
Just looking at the stock perf. They have high trading fees and still lose quite a bit every quarter. They need to figure out their business plan when trading activity is lower, or figure out some way to drive trading activity.
Comment · 4 years ago
It's probably still the best/cheapest way to produce that kind of quality coat, and the input is just whatever you feed them.

I don't want a mink coat but it doesn't surprise me the market is out there. I still have a down coat.

Comment · 4 years ago
I wasn't necessarily opposed to his call for that. But the whole idea of somehow segmenting the app in a way that would somehow make tiktok better for us seemed kinda impractical. Just ban it or don't. If we ban it someone will make a clone in the west, or IG reels will just take over.
Comment · 4 years ago
If you're talking about what happened in the article, we don't know exactly what the probe is about. If the guy truly hasn't done anything illegal then I don't know why they'd bother. I think they are rewarded for convictions.
Comment · 4 years ago
Probably most of the ones exchanging fiat for cryptocurrency. But you can use defi if you want to swap crypto for crypto, and you can always send direct to buy something, although most merchants probably immediately convert to fiat using an exchange.
Comment · 4 years ago
Maybe they don't do anything super secret there anymore, but the site is still useful as misdirection.
Comment · 4 years ago
Yeah. It may just be the best on/off ramp for crypto but but without any real compelling applications for it idk what that's really going to accomplish. You'll still be able to pull crypto out and spend it.

If they are the last ones standing and find a way to run a profitable business, then we may just see more competitors crop up that aren't actually scams. Or maybe existing banks will jump in. Who knows.

Comment · 4 years ago
Coinbase seems like they are doing everything right? They might be the last one standing if they're actually being boring and following the rules.
Comment · 4 years ago
different legal system. Also check the other reply to you.
Comment · 4 years ago
Yeah, life isn't fair. I have a wfh job software engineering in my PJs while some people need to spend their lives doing hard labor in the sun.

Holmes is probably going to prison. Idk what's going to happen with SBF, but to prosecute you need evidence and there's a process.

Comment · 4 years ago
Holmes is getting sentenced this week. It took years to get there. This isn't going to happen overnight.
Comment · 4 years ago
Uh, they definitely ask you a bunch of questions and you basically need to speak to their leadership principles. Being good at leetcode alone can't get you in, or that's the impression I've gotten from friends who work there. But I suppose it depends.
Comment · 4 years ago
I just think there's a limit to how far optimizing the code and cutting costs is going to get him. I heard twitter was making a push to be more worldwide in its reach which could maybe work I guess. As it is though I don't know how much more he can drive usage of this product. I don't have any real product ideas for them myself. But they either need to drive ad revenue or come up with a compelling paid option. Maybe they can build on tweetdeck and make that a premium $$ feature? Maybe they start charging for api access.

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