uberrr

You’re assuming that the balances claimed by the exchanges are actually held in reserve.

It’s in no small part due to massive ICO events where spin-off coins with no utility and no actual value generate millions and millions of dollars in imaginary value through pump and dump schemes, because there’s no realistic way to short sell them and everyone involved has a vested interest in the price rising.

Could these be shorted? It’s only a matter of time until one or more of the unregulated exchanges cuts and runs or gets shut down and seized.

What do you mean by "more than early-stage VC funding"?

I usually write down everything and then go back through and determine what's worthwhile. There's almost always gold that I never would have remembered had I not written it down.

Metrics like this are extremely easy to manipulate and should not carry weight.

Those companies have products available that consumers pay real money for?

So you can't name a single legitimate business that's doing an ico?

The market cap was $25 billion one month ago [0]. $60 billion in growth in one month. Sound a bit fishy?

[0] https://cryptolization.com

That money could have been used to feed and educate a lot of people.

Is questioning a person's motivations ad hominem? How else could we have a discussion about potential "shaping" in online pseudonymous discussions?

I find it interesting that a self professed lawyer would create an account on a technology news website during an election year and regularly post against government regulation. How do you have so much time to argue against climate change and other "liberal" topics?

What aspects of the storytelling did you find slipshod? I felt it was quite compelling and well paced.

I have found that it's always worthwhile to check eBay before making an Amazon purchase.

Uber takes $1.55 off the top for a booking fee and then 28% of the remaining fare. On a short trip it ends up being about 50% of the total. Of course they don't tell you that when they advertise that drivers make $19/hr (in fares). Lyft charges the same $1.55 fee and takes 25%.