Jommi

The can want to sell more suncreen, and the way they are achieving that might be racist. These two are not mutually-exclusive.

Onramp via onjuno, convert to USDC, send to your polygon wallet, convert to jEUR on Jarvis, send jEUR to friends wallet, they offramp jEUR with 0 fees to their IBAN bank account in ukraine via mt.Pelerin.

You only pay the polygon token transfer fees here.

Times have changed since 2010!

The OP was about the safety of "holding" fiat on a single exchange vs USDC on your wallet.

Your point about non-custodial wallet risk is a misonemer as this is purely about can you trust yourself more than trust an exchange.

What do you think it true anti-fragility in a system? Something that is built form the ground-up in a regulatory too-big-to-fail environment, or something that starts from the wilderness, gets beaten down multiple times, yet grows back up stronger than before.

That is true antifragility.

Yield farming is usualled called "mercenary" because of this, as instead of specualting, some instantly just sell whatever "equity" or token back into USD.

Some prefer to keep the token and speculate on its value.

Everyone is making their own decisions.

>Learning that a non-crypto investment instrument was based on bank signup bonuses would be shocking to most, no?

What do you mean by this?

Are you aware that most crypto projects also opt into vesting patterns - and this is an increasing trend overall?

Another thing that might be interesting to you is that in most countries we have close to no public information if founders sell on secondaries. Your C-Suite might have maximized their secondaries in mutliple rounds and you wouldn't even know that incentives have changed.

In Crypto this is fully transparent and there are people bringing these to light on a consistent basis.

Some stuff to think about!

Ethereum IS ALREADY an ecosystem of programmable money APIs, and it works TODAY.

In the US, people can get 100-500$ just by creating a new bank account and deposting money into it. Some people do that, but then immedietly remove the funds once the bonus is paid out.

In reality, yield farming is just that, except in crypto: https://www.reddit.com/r/churning/

It's people chasing bank / credit card marketing bonuses without really any thought of actually using those banks/credit cards in the long term.

This is the correct analogy.

It's pretty simple risk logic.

So how is this different from Cash? Except you actually have an idea of where the money is going and can track it, e.g. if it goes to a CEX. This is way better than cash.

Which exit scam?

Or the fact that you trustlessly trade a virtual currency to any other virtual currency. The fact that thats possible is insane.

I'd stay away from making statements like this without backing them up.

Your base assumption of knowing or finding them is not strong

Crypto means you will always know who has your money and where it goes.

We can build systems around repercussions for crypto too.

USDC is a stablecoin based on USD backed by USD-equivalents.

BTC is a cryptocurrency designed to be created from energy, and with a finite supply.

YFI is a cryptocurrency that get distributed rewards from the decentralized organizations profit-seeking strategies (like a hedgefund).

All "cryptocurrency" means is that it exists on a blockchain really.

How can the HN crowd miss the point by such a length?

2D works right now, has already proven itself to lend well to social interaction (Habbo, Club Penguin) and not to mention it works easily on mobile.

Is the ease-of-access enough of a headstart, or is it full immersion or bust?

I'm glad I can say with a good heart that my country took care of the old, including my own parents and grandparents. It's a real test of the country's values.