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freddieoduks

This looks really good, will pitch this to my company
Unfortunately DAI is also now collateralised by USDC, I read somewhere is up to 30% (haven't been able to verify) but I'm not sure what effect it'll have on DAI if USDC collapses. More here: https://www.reddit.com/r/MakerDAO/comments/nwydtj/what_is_th...
> You need to find a way to work hard such that your rewards are not capped artificially.

Well said!

Re:A 10-second video clip sold for $6.6M on Monday March 01, 2021 @11:28AM (#26304420)
They are transacted digtially with the force/power of lawyers. With NFTs, you can "theoretically" transact without the need for lawyers.
Re:A 10-second video clip sold for $6.6M on Monday March 01, 2021 @11:26AM (#26304388)
Best article on NFTs is this introductory article by Linda Xie https://linda.mirror.xyz/df649d61efb92c910464a4e74ae213c4cab...

TL;DR - NFTs help prove ownership without needing a central authority (which is a big deal) e.g. have you ever been misled and bought a fake concert ticket? It's also huge for the collectibles market which is plagued with high-levels of fraud (which is a billion dollar industry).

- NFTs can also make fractionalized ownership more accessible. So using your analogy, as an artist I release a song but I sell fractions of my song as NFTs to my audience and when I receive royalties it automatically gets distributed to all the nft song owners.

There will be meme NFTs of course (the cat that got sold for $600k), it is a speculative asset that people are experimenting with but I think eventually things will reset and the useful NFTs will remain. They can have real utility whether for a virtual or physical world.

Congrats on this project. Reminds me of when I first read both 'Algorithms to Live by' and 'What If', books applying maths/science to everyday topics. Adding to my reading list!
Re:Cambridge Bitcoin Electricity Consumption Index on Wednesday February 10, 2021 @10:23AM (#26090334)
the only reason the dollar has any value at all is that it is issued within the context of a society full of people who have agreed to treat it as though it has value. Without that faith, every major currency on Earth would be as useful as small pieces of paper generally are
Re:Cambridge Bitcoin Electricity Consumption Index on Wednesday February 10, 2021 @10:19AM (#26090269)
serious question, how is the democratic process different between the two? One i.e. democratic nations are a group of people on the same piece of land that. The other is a group of people on the internet.
Re:Ask HN: Best Recipe Search Engine? on Tuesday September 29, 2020 @01:02PM (#24630240)
BBC Good Food is usually my go to, they have categories like quick recipes (https://www.bbcgoodfood.com/recipes/collection/quick-recipes) and you can search for by ingredients. Could definitely be improved but is decent.

Ask HN: What are some esoteric online communities/forums you're part/aware of?

As someone who is a latecomer to living/actively participating in online forums, I've found some of them to be very englithening/entertaining. Particular some random technology/philosophy subbreddits. But I want to discover even more! Bonus points if the forum/community relates to sci-fi or frontier tech.

( Read More... | 1 comment | 3 points | on HN )
Re:PalanThiel: The Uncola on Tuesday September 22, 2020 @10:59AM (#24555207)
This is my intepretation, but I didn't conclude that privacy marketing added $1.3trillion to Apples market cap, what I did take from that statement is that brand strategy IS very important though. I say this because Apples privacy marketing has definitely impacted me, I was already an Apple fanboy but I've become more resolute in not buying and persuading people to not buy non-apple hardware since their privacy marketing tear. So maybe it hasn't added trillions in value but it has indeed added something!
> privacy friendly ads

Out of curiosity, can you give examples of privacy friendly ads that indie devs can use?

This is exactly the sentiment of the article! Spot on statement.
Very fun game, played it just once and only managed to make it to gen 14!
Re:Ask HN: Who's Looking for a Co-Founder? on Friday October 25, 2019 @08:20AM (#21354218)
If you ever need connections with people in FinTech in Africa (Nigeria specifically) I can intro you to people as I know a lot of people in the ecosystem. Also keen to learn more about what you're building.
Re:Ask HN: Who's Looking for a Co-Founder? on Friday October 25, 2019 @08:13AM (#21354169)
I'm based in London and have an idea I'm working on https://news.ycombinator.com/item?id=21354004 How can I reach you? keen to validate/invalidate this quickly.
Re:Ask HN: Who's Looking for a Co-Founder? on Friday October 25, 2019 @07:47AM (#21354004)
I'm based in London, UK and currently working on idea for a fintech for gig workers. The idea is to be the aggregrator for gig workers and have a marketplace where we partner with the likes of credit unions for loans/savings products for example. I'm currently doing customer development and revamping the website based on the interviews so far.

Still doing this part-time as I have a day job as a Data Scientist at a UK Fintech Alt Lender. Although I have technical skills (I can code python), they aren't that great and I'm looking to partner with someone technical.

I see a big opporunity for this so very likely to go the VC route rather than the Indie route.

If anyone is interested please shoot me an email [email protected].

For more info about me, check out this talk about one of my ML projects https://youtu.be/JyITLcJSM-Q and I also ran a personal finance blog (shutdown the website) https://medium.com/@TheDailyKobo twitter (https://twitter.com/TheDailyKobo)

I mean in order to build the product it matters that you can actually build it yourself in the beginning no?

Ask HN: Should I focus on going deep or going wide career wise?

Hi HN, so I currently work as a Junior Data Scientust for a fintech firm but one of my main goals is actually to start my own company soon. So at the moment I'm wondering whether I should focus on going deep and studying extra to keep to become a really good data scientist (currently I consider myself below average e.g I won't be able to get a DS job at a top hi-tech firm right now) or should I...

( Read More... | 4 comments | 4 points | on HN )
> look at a list of the companies for the past few YC batches... there are some absolutely ridiculous ideas, most of these companies will fail miserably and would NEVER have been seeded during a recession

Out of curiosity, what is the problem with people trying "ridiculous' ideas? Airbnb and Uber were considered ridiculous at the time and look how that turned out. Sometimes ridiculous ideas can turn to fantastic companies that add economic value to the world. The opportunity cost of not chasing these ridiculous ideas is worse than otherwise if you ask me.

Re:Show HN: Emma, your best financial friend on Thursday July 11, 2019 @08:42AM (#20411031)
Been a UK user of the Emma app and it is indeed one of the best financial apps out there (as a personal finance nerd, trust me I've tried them all). However, i'm still not sold on Emma Pro and hope you can improve my perceived value of it by adding more features relevant to me soon.
This just seems to me like it'll cause unnecessary distraction at work, shouldn't we be focusing on trying to create a deep work friendly environment for employees instead?
Re:Ask HN: Which books teach mental models? on Monday May 13, 2019 @10:06AM (#19899355)
+1 I just recently read this book and i was met with gem after gem. Also made me start looking at the world in terms of feedback loops, is it a balancing, goal-seeking or reinforcing feedback loop? How tight are these feedback loops? etc. Definitely a must read!