psv1's comments

psv1 | 6 years ago | on: Ask HN: Survey] Why do/don't you buy with crypto?

> does it work equally fast and cheap when you send money to japan or australia?

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.

psv1 | 6 years ago | on: Ask HN: Survey] Why do/don't you buy with crypto?

> You (most probably) did have to go (physically) to a bank and prove your identity and your credit record in order to maintain any credit card.

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 my credit card online I just need to fill in the card details (which are often stored on the website anyway, or auto-filled by my browser). To pay with card in person, I just need to touch in my phone (at worst take out my card and enter the PIN if they don't accept contactless, which is exceptionally rare in the UK).

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: What can you use instead of Google and Facebook?

> I was skeptical, but I encourage you to give it a try if you haven’t before.

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'

First,

> "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'

Imagine that they aren't suing simply because they lost. Imagine that there was actual evidence for corruption, and Amazon lost a $10-billion contract because Trump put his finger on the scale. How would the whole story look different from our perspective and on what basis did you decide that it's one and not the other?

psv1 | 6 years ago | on: Procrastination is about managing emotions, not time

I was incredibly unproductive during the first half of my 20s and procrastinated to the point of setting my career back a few years. Around the time I turned 26 I was suddenly able to actually do what I said I would, get stuff done, and in fact be extremely productive.

So even though I've overcome it myself, I have no idea what advice to give to someone who's struggling with procrastination.

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