Lucadg

True. This is exactly the problem with non cash transactions. Every single transaction, no matter how small, is recorded forever and shared with several governments and secret services. I never signed up for this. This is why we need cash and why they are fighting it.

This is the part where they reveal how they plan to negotiate with regulators:

"At the core, we believe that a network that helps move more cash transactions — where a lot of illicit activities happen — to a digital network that features regulated on and off ramps with proper know-your-customer (KYC) practices, combined with the ability for law enforcement and regulators to conduct their own analysis of on-chain activity, will be a big opportunity to increase the efficacy of financial crimes monitoring and enforcement"

In other words: let us do Libra and we'll help you win the war on cash.

The biggest blow on privacy in the world's history, brought to you buy Facebook.

True. And that's about attendees quality which is another metric I don't think they optimize for in general. They need to fill the halls first of all.

He's Satoshi but he lost the private key:)

I guess it has to do with the fact that when organizing a conference many optimize for speakers attracting crowds rather than content.

Maybe. But Paypal and all the other fintech are still based on traditional banking with all its regulations and inefficiencies. I doubt Libra, if it's ever actually launched, will escape those.

On the other hand everytime YT removes something interesting it makes it easier for open alternatives to grow.

In Florian, the oldest European cafe, you're sitting where Casanova was and you can't expect to pay 1.5 € for a Cappuccino. https://www.caffeflorian.com/en/heritage/venice-triumphantto... In other places it's a rip off.

Agree. Venice may suffer of all the evils in the world but the lack of cars makes up for much of that.

it's happening to me too a lot lately on Booking.com. The feeling I am left with is "next time I need to book fast without too much searching and checking other sites". I guess this the exact mindset they want their users to have.

with money it's usually about:

- financial data: who will own it. Governments want access to it first hand. - monetary policy: governments want to be able to define the circulating amount.

As someone put it: we are picking a huge bear with a stick. We haven't seen anything yet, the war against crypto will be bloody.

In this brilliant speech there may be an answer: https://youtu.be/wSRN8PUhHX0

I suppose so. I guess we are coming out of the phase when a nice app was enough to convince that "this is so much better than a bank". We're maturing as customers.

Exactly. You can't activate it manually. It's activated by the GPS.

I'd go further: neutral platforms should be the norm. If then someone wants to build a walled garden fine, but there must be a neutral alternative by default.

don't use their insurance. Recently I was in Istanbul and the insurance didn't activate. Their app did not register me as in Turkey. All permissions were ok, Google Maps worked and I purchased a cappuccino with the Revolut physical card in Istanbul. Still, according to them I was not in Istanbul and there was some problem on my end.

So, I was uninsured. Imagine if this happens when you are in the US and you get sick. This is serious stuff, it's just too risky to let them play with it.

I used to like them but then this happened:

- they froze my account.

- they required documentation.

- the chat was broken. There was no way to contact them and send the documentation.

- I found them in Twitter, someone from Revolut passed my issue along. No one called me.

- They kept messaging me in the chat. I could see the numbers piling up but the chat was "opps something went wrong" and a blank page.

- I tried all: cache, restart etc...I didn't want to uninstall.

- after two weeks I took the big risk and uninstalled the app. It was very tense...I installed it again (it worked luckily) and I could finally chat again. Problem solved.

They never called me, I could not call them, the problem was on their end but I had to find a way and take the risks.

Never again.

Fintech is just banks with a sleek interface and no experience after all.

[EDIT: formatting]

The internet and Amazon do not share an important characteristic: openness. I don't need the internet's permission to publish and this makes the tradeoff with chaos acceptable. Basically we trade order over freedom.

There was a search feature in Google called "discussions" I think. You could find forums. IIRC then same was possible for blogs.

Both were very precious and both are gone. There was no money in them I guess.

This needs to be fixed.

Thanks I'll check it out!

We switched from Slack to Discord in our community and I prefer it. It feels faster to me, the Slack app on a Mac got really slow after a while. I wish Discord added Telegram style voice messages and it would be perfect. To be totally honest I still think forums like phpbb where much better but they didn't really transitioned to the mobile world. I miss them.

It's amazing as the white paper manages to avoid mentioning Bitcoin and Ethereum.

Agree. A world currency in the hands of a few corporations is arguably worse than any government issued fiat. It will be more efficient and pervasive in both good and bad ways. [Edit: spelling]

Thank you. This is my new wallpaper now.

That's low in Italy where the we are used to 50% taxes.

You are participating in data collection which contributes to the creation of a surveillance machine which may one day send someone dear to you in jail. Maybe it's far fetched, maybe not but it doesn't seem worth it.

there is no way Whatsapp would be allowed to use a privacy oriented crypto. All payment are under surveillance, except cash.

Language is open source. English does not belong to the UK anymore as much as Tiramisu doesn't belong to Italy or http to Tim Berners-Lee. People created these standards, let people use them, improve them and have a better life. [Edit: spelling]

As an entrepreneur I realized most of my choices are wrong. There are just too many I am forced to make every day and there is no time to analyze the relevant data. What keeps the business alive is that one great choice I make once in a while which pays for all the mistakes. It's probably the same for big corporations: they can afford stupid mistakes. It's like a balance sheet with mistakes and good choices. Dilbert only sees the mistakes, the pointy haired boss is clueless but the company lives on.