Hacker News: hapnin

New comment by hapnin in "Guidelines for Brutalist Web Design"

hapnin — Sat, 07 Jul 2018 21:40:45 +0000

A friend's site:

https://loveanddeathincharlottesville.com

New comment by hapnin in "Is the Bitcoin network an oligarchy?"

hapnin — Sat, 07 Jul 2018 12:51:05 +0000

Bitcoin has more than doubled in price in the past year.

On an even longer timeline, we're all dead.

New comment by hapnin in "Is the Bitcoin network an oligarchy?"

hapnin — Sat, 07 Jul 2018 04:19:01 +0000

I'm basing it on eight years of experience in Bitcoin.

"Bitcoin for coffee" and the like is a waste of the tech, imo. Buying network services such as you described is a better use as intercountry payments with debit cards isn't always feasible.

Bitcoin's use is better as a transnational currency when traditional payment channels are cumbersome. To be frank, Bitcoin still has some work to do in the payment channel dept but Lightning Network is getting there.

In the US, there are more than a few places where you can trade out btc for gold/silver and sell the metal for fiat. It's preferable to selling on an exchange, imo.

If you can't spend now, hang onto your btc until you can. Saving is always a good idea.

New comment by hapnin in "Is the Bitcoin network an oligarchy?"

hapnin — Sat, 07 Jul 2018 01:20:36 +0000

Of course only small communities have a majority of btc. Too many people - geeks included - spent too many years believing the fud being broadcast about Bitcoin while others were collecting btc. I've seen the blistering scorn from some here on HN over the years.

When I first ran across Bitcoin in 2010, I thought it was a scam but was intrigued by the tech. After studying it for about a month, I realised it wasn't a scam (though scamsters abound in cryptocurrencies, as in all things money) and went around to my friends in the tech community in my city to show it to them. They know me to be literate in networks and cryptography but only one person in the ten or twelve I approached was equally interested. The rest poopooed Bitcoin, some outright laughing me out of their offices.

Institutional thinking is what kept a lot of smart people from even looking at Bitcoin early on. The findings in this study shouldn't be surprising. In five years, should the internet still be functioning, Bitcoin will be more spread out than it is now.

New comment by hapnin in "The Fred Rogers We Know"

hapnin — Thu, 05 Jul 2018 17:41:40 +0000

I'm a child of the 60s/early 70s who grew up watching Fred Rogers. My environment was hell as a child. His show was a small counterbalance. Every little bit helps.

New comment by hapnin in "Coinbase Custody Is Officially Open for Business"

hapnin — Mon, 02 Jul 2018 21:36:30 +0000

My paper wallet has never asked for KYC/AML info.

New comment by hapnin in "Coinbase Custody Is Officially Open for Business"

hapnin — Mon, 02 Jul 2018 21:35:46 +0000

Bitfloor. That was a doozy too.

New comment by hapnin in "Coinbase Custody Is Officially Open for Business"

hapnin — Mon, 02 Jul 2018 20:37:42 +0000

Whenever I need them.

I generate keypairs using the reference client on an offline device that never touches a network.

Private keys can be imported and spent using almost any wallet: Coinomi, Mycelium, the reference client, etc.

New comment by hapnin in "Coinbase Custody Is Officially Open for Business"

hapnin — Mon, 02 Jul 2018 20:33:44 +0000

Fireproof boxes.

I hope Coinbase gives you your btc when the run starts next year or two.

New comment by hapnin in "Coinbase Custody Is Officially Open for Business"

hapnin — Mon, 02 Jul 2018 19:59:59 +0000

I've been holding btc in paper wallets since 2011. They're easy, free and no one has access to my btc but me.

New comment by hapnin in "Coinbase Custody Is Officially Open for Business"

hapnin — Mon, 02 Jul 2018 19:52:57 +0000

"Hold my private keys" has the same intellectual heft as "hold my beer and watch this".

Microsoft employees call for end to ICE contract in letter to CEO Satya Nadella

hapnin — Wed, 20 Jun 2018 00:55:45 +0000

Article URL: https://venturebeat.com/2018/06/19/microsoft-employees-call-for-end-to-ice-contract-in-letter-to-ceo-satya-nadella/

Comments URL: https://news.ycombinator.com/item?id=17351536

Points: 3

# Comments: 0

New comment by hapnin in "The “Doorway Effect” – forgetting why you entered a room"

hapnin — Sun, 17 Jun 2018 00:07:15 +0000

I'm old and now believe in the hereafter. I walk into a room and ask myself, "What am I here after?"

New comment by hapnin in "Our path to listing SEC-regulated crypto securities"

hapnin — Thu, 07 Jun 2018 02:59:47 +0000

No one stores their wealth in USD because it's not a good store of value.

> What store of value can you purchase with BTC without first converting to USD?

Switching out to gold from BTC is pretty painless.

New comment by hapnin in "Our path to listing SEC-regulated crypto securities"

hapnin — Thu, 07 Jun 2018 02:57:46 +0000

Here's one.

https://keepingstock.net/binance-does-it-again-passes-deutsc...

New comment by hapnin in "Our path to listing SEC-regulated crypto securities"

hapnin — Thu, 07 Jun 2018 01:13:56 +0000

Binance made more money than Deutsche Bank last year. They funded growth with an ICO.

> What's wrong with US Dollars?

It's not a good store of value over the long haul:

https://visual.ly/community/infographic/economy/purchasing-p...

How a 20-year Old Mobile Technology Protocol Is Revolutionising Africa

hapnin — Wed, 06 Jun 2018 17:24:23 +0000

Article URL: https://medium.com/@wizaj/how-a-20-year-old-mobile-technology-protocol-is-revolutionising-africa-with-numbers-744a52cbea92

Comments URL: https://news.ycombinator.com/item?id=17249082

Points: 2

# Comments: 0

Dat – Distributed Dataset Synchronization and Versioning [pdf]

hapnin — Tue, 05 Jun 2018 14:02:52 +0000

Article URL: https://github.com/datproject/docs/blob/master/papers/dat-paper.pdf

Comments URL: https://news.ycombinator.com/item?id=17237640

Points: 1

# Comments: 0

Dat Protocol – The Best Parts of Git, BitTorrent, and Dropbox

hapnin — Tue, 05 Jun 2018 03:37:38 +0000

Article URL: https://www.datprotocol.com

Comments URL: https://news.ycombinator.com/item?id=17234799

Points: 3

# Comments: 0

New comment by hapnin in "Hello, GitHub"

hapnin — Mon, 04 Jun 2018 23:11:27 +0000

The concepts of "bought for $7.5 billion" and "independent" strike me as mutually exclusive.