gigitrix · HackerTrans

Urgency should be directed at the process which is providing that advance and rightly demanding the amount to sufficient and the release quick for the reasons you specify. Instead they are off on their own demanding bailouts and rejecting even the systems set up to protect them in this scenario, demanding special cases and further alienating this entire industry in the eyes of the public. It's beyond embarrassing to watch.

gigitrix

3 anni fadiscuss

They are doing exactly what they should be doing to minimise impact while letting markets be markets, VCs are just too busy making a big mess in their underpants and screaming about why they should be special-cased to read the details

gigitrix

3 anni fadiscuss

You don't accept it, you deal with the regulators and FDIC and demand they release liquidity as soon as possible, which they are striving to do.

gigitrix

3 anni fadiscuss

They have been pretty clear that they want to do this. And the balance sheet as liquidity skewed as it is is healthy, I would be extremely surprised if they get less than 95% back.

These "movements" are folks asking for normal processes to be suspended for the sake of that 5% or whatever and it's going to muddy the waters vs asking for the obvious "give us some liquidity now since you can immediately secure a huge chunk of it and businesses need it"

gigitrix

13 anni fadiscuss

There is of course hype but the past few months do represent real growth: see [here](http://blockchain.info/charts/n-unique-addresses). Now obviously that's a very gameable graph but there is little incentive to do so (and I was trying to pick something that would remove services like SatoshiDice from the equation since that heavily skews transaction count etc.

There's the fact that the Euro is in trouble. There's the fact that provable odds gambling has been implemented (a powerful factor in the US). There's the fact that ASICs are coming out. There's the fact that it's becoming countercultural and hip to accept them (see Mega and Reddit) There's the fact that every time the price goes up more mainstream articles are exposing people to it's concepts, driving demand by more. Now it could well be bubble mark II and I DEFINITELY expect a correction: it's a volatile market. But there's certainly some massive growth underneath the massive speculation.

gigitrix

13 anni fadiscuss

It's too late for an "alternative" now. Regardless of your views on the impact of deflation in an overall society, a deflationary currency is always going to be a better store of value and a more attractive option for a consumer. The wheels are set in motion with Bitcoin whether we like it or not (personally I'm unconvinced that deflation causes as many problems as people claim, especially with infinite divisibility).

gigitrix

14 anni fadiscuss

It's not a "feeling" when all evidence points to the fact that, like every security vulnerability ever, a feature was added that had unintended consequences. There's no way it's malicious: Ubisoft can't do anything with this that they can't do everywhere else in the actual applications themselves!

gigitrix

14 anni fadiscuss

Just because someone points out a problem doesn't mean the onus is on them to find the perfect solution.

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