Hacker News Reader

trophycaseon Belgian scientific base in Antarctica engulfed by Covid despite strict measures

This is one of the worst nitpicks I've ever seen in my life. "Normal" implies removing all virus related mandates and restrictions. It's obvious what gp meant

trophycaseon New York City bans natural gas in new buildings

my electric coil cooktop can't even boil water

trophycaseon Thanks to the Chip Shortage, Texas Instruments Is Worth $170 B

It was, it basically hasn't moved as long as the "chip shortage" has been a thing.

Signed: someone who holds TXN stock

trophycaseon Turkey's Financial Crisis

More stable than the lira at this point

trophycaseon Twitter’s founder admits that shutting down the API was “worst thing we did”

Ok, but the argument against it here seems to be: "I don't really understand it, haven't tried to, and haven't bothered to use it. Therefore it's dumb and has no use case."

trophycaseon Twitter’s founder admits that shutting down the API was “worst thing we did”

It's much more than that even IMO. We're just getting started.

trophycaseon Twitter’s founder admits that shutting down the API was “worst thing we did”

The whole idea of web3 is that identity is intertwined with all of this. NFTs will be enforceable because all web3 services will use the blockchain as the main arbiter of truth in the digital world. E.g. if you built an NFT based card game, no platform (game application, deck-building site, forum, etc.) would recognize your "fake" NFT as real.

You could build an nft based ticketing platform. The ticket issuer issues NFT tickets on the blockchain, all the infrastructure for trading NFTs is in place (you could literally trade concert tickets on OpenSea). There's no "forking" this NFT because the concert venue would only accept the ones they issue. You then show up to the concert venue with your phone, sign a message proving ownership of the ticket, and walk right in. This process eliminates all exploitative middlemen like ticketmaster because all the mechanisms for ticket distribution and selling have been built on web3 already.

trophycaseon Twitter’s founder admits that shutting down the API was “worst thing we did”

https://www.youtube.com/watch?v=gipL_CEw-fk

You're david letterman.

trophycaseon The Great SPAC Scam: SPACs a Great Deal for Sponsors, but Not Others

Is that why the most profitable companies are also the most valuable?

trophycaseon Reddit files to go public

information density is too low. Why would I spend 2.5x time scrolling through www.reddit.com/r/fantasyfootball when I can read all the important headlines faster at old.reddit.com ... the redesign also loads fewer posts at a time so you constantly wait for a spinner to fetch new content

trophycaseon Does Georgism work? Is land a big deal?

Stoicism is most definitely a fad and experienced a strong revival along with the male "self-improvement" and "grind" culture. It basically popped up out of nowhere around 2015-2016 in these circles.

Georgism is also a fad. A friend of mine brought it up at a barbecue during the summer and I had never heard of it in my life, and consider myself decently aware of philosophy at a basic level. Ever since then I've seen about 10 articles/topics on HN front page about it.

trophycaseon Does Georgism work? Is land a big deal?

Is Georgism the new fad philosophy? Seems like every few years you see things like this crop up and the technies go all nuts over it. Stoicism was the last big one. I know they aren't strictly related but seeing these fad philosophies is interesting.

trophycaseon The chase for fusion energy

Or they can just let someone else pay to invent it and take the innovation the last mile.

trophycaseon World food prices reach new peak since July 2011

What war on fossil fuels? Just last year you had oil and gas prices at basically historic lows? Now suddenly gas/oil is back to "normal" levels and it's causing inflation?

trophycaseon Report on Stablecoins [pdf]

Nobody. The alternative to government backed USD stable coins isn't tether. It's algorithmic stablecoins (FEI, FRAX, etc.) and collateralized stablecoins (DAI, MIM, LUSD, DOLA, etc.).

trophycaseon Report on Stablecoins [pdf]

Some of it is likely them promoting the use of their stablecoin (paying out of pocket) while a lot of it probably comes from lending it out at higher rates. It is VERY easy to make more than 8-9% on stablecoins.

trophycaseon Report on Stablecoins [pdf]

Humanity is just a negative sum game in that we take in real resources and just move those resources around and then die, all while increasing entropy of the universe.

trophycaseon Report on Stablecoins [pdf]

Actually a huge fraction of DAI is backed by USDC and other assets.

trophycaseon Investors Spent Millions on ‘Evolved Apes’ NFTs. Then They Got Scammed

It automates and decentralizes the entire financial infrastructure of the world and creates consensus around and enforcement of digital assets outside of the control of single governments. If you can't understand why this is revolutionary and haven't bothered to try in the decade you've been given, I'm clearly not going to convince you. My only recommendation would just be to try it out for yourself or go and listen to someone much smarter than me, like Vitalik, speak about it himself.

trophycaseon Investors Spent Millions on ‘Evolved Apes’ NFTs. Then They Got Scammed

All of the people that use the blockchain as the source of truth and authority enforce it. The question you're asking is literally the same as "what gives bitcoin value". The answer is everyone who believes it has value. Why is TSL/SSL an agreed upon encryption scheme? Because people agreed to use it and you're excluded from access if you don't.

When twitter integrates NFTs and requires you to sign a proof of ownership to set an NFT as a profile picture (with a verification check mark), this effectively signals that twitter is enforcing the NFT. When facebook does the same, it signals that Facebook is enforcing the NFT. When Spotify integrates NFT licensing, they will be enforcing it.

trophycaseon Investors Spent Millions on ‘Evolved Apes’ NFTs. Then They Got Scammed

Nah, you're like all those newspaper articles back in the day arguing about the internet being useless. It's obvious but you just don't want to see it.

trophycaseon Investors Spent Millions on ‘Evolved Apes’ NFTs. Then They Got Scammed

Nah this site is hilariously anti-blockchain. With less intellectual curiosity than my boomer parents. It's embarrassing really, for a "tech" site. NGMI. Keep being slaves to big tech I guess.

trophycaseon Investors Spent Millions on ‘Evolved Apes’ NFTs. Then They Got Scammed

That's on your dad for being gullible. NFTs are the future whether you like it or not.

The JPEG/MP4/HTML/(literally any non fungible asset) is the house. The blockchain is city/state. The NFT is the deed to that house. It's really quite simple.

trophycaseon Investors Spent Millions on ‘Evolved Apes’ NFTs. Then They Got Scammed

It means that tokens are one of the fundamental building blocks and foundational usecases of blockchain/web3. Are you even trying to understand, or just asking in bad faith? Because I know this website hates crypto which is just embarrassing.

trophycaseon Why the ‘Big Short’ Guys Think Bitcoin Is a Bubble

It's a good investment dude. I'm not trying to shill or anything here but Ethereum is literally the "internet" of finance. It democratizes and brings access to basic financial building blocks like we've never before seen in history and truly anything can be built on it. Unironically it's the future of finance. Don't listen to the Luddites and cynics here. Do the research yourself and try it out for yourself and it becomes glaringly obvious.

Using defi is how I would imagine typing in a chatroom or accessing a website felt back when the web was just in its infancy.

trophycaseon We Tried Baseball and It Didn't Work (2006)

No it isn't. Also why is it only ok to shit on the way Americans say things but not anyone else?

I guess your culture says nothing strangely eh?

trophycaseon HN 15 Years ago

It really doesn't look all that much different to my eyes.

trophycaseon Anyone Seen Tether’s Billions?

"Solana has exploded because Alameda, Cumberland and related VCs have made it so."

By building things of value in the ecosystem.

trophycaseon Anyone Seen Tether’s Billions?

Step in how? Anyone I know who has ever held crypto for a significant amount of time is a working class person and it has changed their life for the better. If that's endangering financial stability then our system is a joke.

trophycaseon Anyone Seen Tether’s Billions?

This just isn't really the case any longer. Crypto has matured a lot in the last few years. And if you're still regurgitating the same FUD from 2016 you're in for a big surprise.