News for hackers. Stuff that matters.

A comment on A16Z is re-registering as a financial advisor, renouncing its status as a VC. Parent comment

Re:A16Z is re-registering as a financial advisor, renouncing... by RhodesianHunter on Wednesday April 03, 2019 @12:17AM (#19560680)
Agreed. It seems like a trusted third party exchange will always win out due to:

1. Better efficiency 2. The third party is there to help when things go wrong 3. The legal system can help when 2 won't work 4. It's more accessible to the less tech-literate 5. The third party always has skin in the game, and therefore an incentive to always be improving the system

[ Parent | on HN ]
Re:A16Z is re-registering as a financial advisor, renouncing... by QuackingJimbo on Wednesday April 03, 2019 @12:23AM (#19560715)
Well said

I don't know how anyone over the age of twelve cannot see #2 and #3

Code has bugs. Things will go wrong. You need lawyers.

[ Parent | on HN ]