psv1 | 6 years ago | on: Ask HN: Survey] Why do/don't you buy with crypto?
psv1's comments
psv1 | 6 years ago | on: Ask HN: Survey] Why do/don't you buy with crypto?
Didn't have to go there physically. And this is done once while with crypto exchanges you need to sign up for multiple ones because the quality and coins they offer vary so much.
> And it takes days to wire money to your bank account.
In the UK I can transfer money through my phone app (or online banking if I prefer) to any other UK bank account and the transfer is instant and completely free. Cryptocurrencies can't compete with banks that have their shit together when it comes to convenience.
psv1 | 6 years ago | on: Ask HN: Survey] Why do/don't you buy with crypto?
To pay with a cryptocurrency I need to:
1. Be using a service which accepts crypto. This immediately rules out the overwhelming majority of services people use, live or online.
2. Own the same cryptocurrency which the service accepts.
3. To have it, I need to register to a cryptocurrency exchange.
4. To do that I need to go through identity checks and often message support a couple of times for one thing or another.
5. Now I can use a payment method to deposit money from my bank account to the exchange. NOTE: This step alone is slower than the entire process of just paying real money with my credit card.
6. I need to wait a couple of days for the bank transfer to the exchange to clear. The transfer also comes with fees.
7. While I'm doing this the price of the cryptocurrency is fluctuating and I have no way to know which way it will go next and by how much.
8. Now I need to transfer the cryptocurrency from the exchange to my wallet - this process is different for each coin and each exchange.
9. A few minutes later, if I've followed the instructions correctly I may have the privilege to pay with a cryptocurrency from my wallet. I will pay a fee for this and the payment won't be received immediately.
And I'm capable of doing all of this because I'm a somewhat technical person who's used to following instructions written by other people and has a basic understanding of cryptocurrency. Neither the older members of my family, nor the younger ones who don't spend their entire day in front a computer will have the ability or interest to go through this.
psv1 | 6 years ago | on: Ask HN: Idea feedback – Service where people pay to reach your inbox
I hate everything about this double-dipping-middle-man-in-an-otherwise-free-interaction business model.
psv1 | 6 years ago | on: Ask HN: What is the hardest part of self-learning?
psv1 | 6 years ago | on: What can you use instead of Google and Facebook?
psv1 | 6 years ago | on: What can you use instead of Google and Facebook?
I have - I found the results far less useful than Google's, the whole experience far more frustrating and it noticeably slowed down my work.
psv1 | 6 years ago | on: Amazon asks court to halt Microsoft's work on Pentagon 'war cloud'
> "Amazon is a big company and they don't enter lawsuits they won't win"
this simply isn't what I said.
Second - my evidence? We're not in court and I'm not trying to prove anything to you. I just explained my thought process - if you disagree or if you think there's a flaw in my reasoning, you can point it out. Or you can move on and ignore what I've written.
psv1 | 6 years ago | on: Amazon asks court to halt Microsoft's work on Pentagon 'war cloud'
No, it isn't. Legally it might be zero, but multi-billion dollar companies don't enter legal processes that last years and cost them millions just for the sake of it. This isn't the same as "you'll hear from my lawyer".
psv1 | 6 years ago | on: Amazon asks court to halt Microsoft's work on Pentagon 'war cloud'
psv1 | 6 years ago | on: Amazon asks court to halt Microsoft's work on Pentagon 'war cloud'
psv1 | 6 years ago | on: Amazon asks court to halt Microsoft's work on Pentagon 'war cloud'
psv1 | 6 years ago | on: Amazon asks court to halt Microsoft's work on Pentagon 'war cloud'
psv1 | 6 years ago | on: Amazon asks court to halt Microsoft's work on Pentagon 'war cloud'
psv1 | 6 years ago | on: Amazon asks court to halt Microsoft's work on Pentagon 'war cloud'
psv1 | 6 years ago | on: Ask HN: How to Blend 'Minimalism/Low-Tech/Degrowth' with Software Development?
I really think that you're approaching this backwards if you decide "this is the values that I follow" and then try to change every aspect of your life to fit that vision.
psv1 | 6 years ago | on: How can you be so certain? (2019) [pdf]
psv1 | 6 years ago | on: Microsoft to force Chrome default search to Bing via Office365 ProPlus installer
Or you can create and enforce laws that apply when they abuse their monopolies. Breaking up a company because it's above an arbitrary size threshold is a dangerous precedent, and most likely it won't even address the problem at hand.
psv1 | 6 years ago | on: Ask HN: How to Blend 'Minimalism/Low-Tech/Degrowth' with Software Development?
psv1 | 6 years ago | on: Procrastination is about managing emotions, not time
So even though I've overcome it myself, I have no idea what advice to give to someone who's struggling with procrastination.
Of course not. Not that I've ever had to do that in my entire adult life.
> a popular exchange like binance offers hundreds of coins and certainly all of the major ones, and probably more than any bank can offer. If you need one that is not in their list then you must be looking at a very weird merchant.
Decentralisation at its finest.