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0 pointsegypturnash8mo ago0 comments

Random thoughts:

* anything using proof-of-work is still gonna be a hard sell * good luck figuring out how to get the user experience on both ends appear to be in USD without ever having to give a shit about the constantly-fluctuating value of BTC * fun times ahead when you get big enough for the government to notice you and start requiring you to comply with all kinds of arcane regulations

0 comments

uncircle8mo ago

1. Proof-of-work is a feature.

2. Just do the conversion at the time of sale.

3. Government prohibition and restriction of our rights is a terrible problem and it's why Bitcoin was invented in the first place. It's a necessary fight if only to keep government power in check, unless one really believes the State is always right and always has our best interest in mind. I don't.

egypturnashOP8mo ago

The colossal amount of energy burnt by proof-of-work is one of the reasons people who are not cryptobros loathe crypto.

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beeflet8mo ago

>good luck figuring out how to get the user experience on both ends appear to be in USD

I think it works out fine with fixed/float exchanges. These are exchanges that let you agree on a fixed exchange rate for a small (<=%1 fee) or trade at a floating exchange rate. The fee covers the price risk

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