Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror

Comment Re: And is different from gift cards (Score 2) 51

Gift cards have two stages. A $20 card is minted with zero value. Stealing it from the store is useless. They are actually worthless until you buy then with real money - it's backed by real currency. A erc token coin is minted by the owner / company when minted. It's added to circulation, and its value is assumed to be 20$ immediately. Where as a gift card needs to be loaded with real currency, a stable coin 'should' go through the same process, but we have to *trust* the company isn't just minting coins without backing funds. Would I trust Amazon? Yes Would I trust Walmart? Probably Would I trust Trump stable coin? Nope

Comment Re: Horrible idea (Score 1) 51

They don't, but there's advantages to leveraging a system that works, is audited, and trustworthy. I could make my own coin, call it as stable, and simply not have the assets behind the scenes. Last time I checked Tether I remember questions about whether they had the funds backing it. Remember the stable coin TerraUSD / Luna?

Comment Re:Also free beer? (Score 1) 163

I'm on the left, but honestly, don't give a rat's ass about girls in boys sports. I don't think many genuinely care. The right is good at drumming up issues like this and elevating them to the most critical problems. There are plenty of LBGTQ people in the world - to each his/her own, whatever. Real issues are indeed immigration, the economy, and historically divisive issues like abortion. But... bathrooms, sports, and 'cat' students wanting litter boxes in classrooms? Distractions to demonize. Silly.

Comment Re: Doubtful (Score 1) 153

While I'm Bitcoin is used as a digital currency it's value is more aligned with a speculative asset. People have a difficult time separating the two concepts... Correlation between Bitcoin and NASDAQ equities is .6 to .7. Correlation between Bitcoin and Gold is closer to .1. Those thinking Bitcoins value increases like Gold aren't looking at this correlation. It's more likely to follow the NASDAQ... NASDAQ is overvalued and has been selling off since last year. Gold is making new highs.

Comment Re: Black Mirror (Score 2) 38

I completely agree. I honestly can't believe more people aren't pointing this out. GameStop is essentially turning it's company into a trading desk. No legit companies should be mixing their core business and trading crypto. We established rules separating banks from investment banks for this reason. Now greed has taken over - Microstrategy is the perfect example - they'll be the one to watch when crypto turns down again, the crypto equivalent of Enron. I guess if you can't make a profitable business, go to Vegas with the company funds.

Comment Re:Home charger (Score 3, Informative) 172

Most people already have at least one home charger. You take the supplied 110V car charger device, find the "plug" at the end of the cord, and insert it firmly into an "electrical socket." Astonishingly, it's similar to how people charge their phones every day. I've had my EV for over a year and only use a 110V plug in my garage. If you commute a lot and need L2, then spend the money and upgrade — it's cheaper than paying for gas for a year and a one-time cost.

Comment EV vs ICE... tiring debate (Score 3, Insightful) 172

I'm growing tired of all the back-and-forth articles every week. One week, it's EV sales down 40%, and the next week, it's articles like this. It's simple... EV cars will continue to gain traction to the point where they have a justified market share. Nobody knows what that will be, and it's not worth debating daily or weekly. EV cars are here to stay, making excellent sense for some like me. ICE cars are here to stay and make great sense for more people currently.

Comment He'll be short today (Score 1) 311

I'm most certain he closing any long position and shorting today, regardless. He's made his money by using his public influence, driving the price up and holding it up today to unload, while all the bag holders rush in. *Any* offer he put forth will be rescinded, it was his plan all-along. He's thumbed his nose at Twitter, brought nothing to the table, as usual. He's such a twat... the primary reason my new EV won't be Tesla... I'm not giving this man any of my money.

Slashdot Top Deals

If you are good, you will be assigned all the work. If you are real good, you will get out of it.

Working...