@BadgerHodl @balajis If you believe the premise of BTC to $1M, then with holding treasuries you’d be locked into an asset paying around 5% while the underlying asset (USD) loses 95%+ of its value
@PaoloRebuffo True today, but more because no one’s done it yet rather than it being technically impossible. Would end up looking similar to lightning in implementation.
@sxtvik Difficult to see this working. KYC is at the heart of OFAC and AML. Hard to see a government getting on board without some level of censorship capability eg USDC
@jimwoodjr @Catcher4Dem @BriannaWu@elonmusk Security is not just about software. There’s an operational aspect that requires constant attention. Remove the people and you can have a real issue
@SantiagoAuFund Not really. Elon likely could have fired 100% of staff and Twitter would keep functioning for at least 24hrs. Viability will be tested when he tries to make non-trivial changes.
@snird 2/ And while there is a small segment of companies for which the capacity model makes more sense, I expect this is a far smaller segment than most people believe.
@snird It's not that cloud costs are in a bubble, it's that companies continue to build datacenter-centric apps in the cloud. These costs will drop substantially as companies learn to build cloud-native apps.
@snird 1/ For me, when I say cloud-native apps, I mean apps that leverage services which are billed based on usage rather than capacity. The capacity model is carry over from the days of private data centers.
@rakyll People are tribal by nature. It would be a miracle if the comparison wasn’t made. And methinks few will put the time into each language to make a nuanced comparison.
@Justin_Bons 2/ Both asynchronous (event driven) services and synchronous services have techniques that enable composability, they’re just not the same. Comparing them directly to each other is not that useful.
@Justin_Bons 1/ The problem here sounds like an inappropriate mental model for utxo. If I use a tech stack as an analogy, account model blockchains are akin to synchronous micro services. Utxo on the other hand is akin to event driven services.
@_KtorZ_ We do something similar, but every so often we get executions units that are below what the cardano-node calculates. It’s rare, but frequent enough to still be problematic.