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Type: Posts; User: LeeLau

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  1. Replies
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    FTR I'm enjoying this back and forth with you...

    FTR I'm enjoying this back and forth with you Mustonen. It's (partly) my job to think through this. And I'll also freely admit I can't and have not thought through every use case, every problem ...
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    In the first one, you now solve the jurisdiction,...

    In the first one, you now solve the jurisdiction, trust, contract enforcement cost, contract negotiation issue. Accounting is also solved via automated functions. Bookkeeping will be local but...
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    I still don't understand the ARKKs. Many of them...

    I still don't understand the ARKKs. Many of them hold the same names. Talk about concentrated yolo risks
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    Too many things for me to answer from all sides...

    Too many things for me to answer from all sides but here's some use-cases I can see now and without stretching my mind too far into esoterica

    - Setting up a LP or a corporation with shareholders...
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    Speaking to others about this (tech nerds like...

    Speaking to others about this (tech nerds like myself, creatives etc). Our conclusion is that (duh) the cream will still rise to the top. Talent will find a way. Disruptive is such a cop-out...
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    Speaking to this use-case forums are not really...

    Speaking to this use-case forums are not really that worthwhile. However, for social media, YT, video or other like media online profiles are being monetized and quite successfully. This goes not...
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    It took me 3 full business days for my money to...

    It took me 3 full business days for my money to go from one broker to another for a registered plan rebalancing. The brokers have the same bank with the accounts at the same head office branch...
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    Oh for sure. There's so many scams its...

    Oh for sure. There's so many scams its unfathomable. Jade DAO with a 4 billion % APY? That's a virtual glory hole surprise if I've ever seen one

    Some other use cases I'm investigating with...
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    Just adding confirmation. I've used the same...

    Just adding confirmation. I've used the same plates for Vipec Tecton and Xenic
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    The person I knew were sending approx 1200 per...

    The person I knew were sending approx 1200 per month to their family around Antigua. Western Union previously would take approx $80. Moneygram was a little more - 100? I can't remember what crypto...
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    It actually is being used for money transfers in...

    It actually is being used for money transfers in some Central American countries by people I know in lieu of remittances with quite a significant cost savings.
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    I'd say that ETH, ETH layer 2 and DeFi generally...

    I'd say that ETH, ETH layer 2 and DeFi generally is horribly unuseable. But that's why the returns in crypto and the altcoins, alternate chains etc are so eye-popping. You're buying lottery tickets...
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    Yup and I'm GenX. But Canada has ETH ETFs so my...

    Yup and I'm GenX. But Canada has ETH ETFs so my exposure is tax free. I've got some thinking to do
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    Lock in short term gains. I'm 2 :1 BTC to ETH...

    Lock in short term gains. I'm 2 :1 BTC to ETH viewing BTC as "boomer coin" and as a proxy for USD. My stablecoin if you will.

    Am also quite exposed to ETH via zkrollups + lots of aggressive...
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    Rotated the more recent ETH from the Omicron...

    Rotated the more recent ETH from the Omicron induced general market swoon back into BTC.

    Found a well balanced piece about the new reserve "currency" backed tokens and their astoundingly large...
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    My bike. Sharon (my wife's) bike. I assume...

    My bike. Sharon (my wife's) bike. I assume they've been stripped for parts to sell. The frames are quite unique so there's a chance the thieves will sell them out of the region.
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    Stolen Ti Hardtails

    Unlikely these will show up south of border but worth a try

    Stolen bikes. Chromag Ti Rootdown. Cove Ti Hummer.

    Stolen from Hyannis & Aftertaste trail area (left while we were doing...
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    Held nose and bought some ETH over the weekend. ...

    Held nose and bought some ETH over the weekend.

    Also bought and staked KLIMA and Wonderland (TIME). I must say its refreshing not to get bent over a barrel on the usual gas fees and that both...
  19. Thread: Whistler 21/22

    by LeeLau
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    Until approximately 11am it was good till approx...

    Until approximately 11am it was good till approx Excalibur gondola top upon which it got sticky. Amount of moisture in this system is so mega the wet bulb is making it snow all the way to valley...
  20. Thread: Whistler 21/22

    by LeeLau
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    Yes. There is a pronounced very stout windslab...

    Yes. There is a pronounced very stout windslab above 2000m. We skied between 1850 to 2000m on SW and NE aspects.

    HS varied from 145 on windward to 225cms on leeward. Temps -2 with scattered...
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    TBH that was a bit of a ramble. There's more...

    TBH that was a bit of a ramble. There's more liquidity in the KLIMA/USDT pair than the KLIMA/Matic pair which I was looking to USDT. I'm inclined to buy and hodl MATIC (as opposed to USDT) so I may...
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    All correct. Plus with crypto there is the...

    All correct. Plus with crypto there is the ability for nimble speculators to "yield farm" ie move from token to token to obtain yield thus offloading bags fairly quickly to latecomers who may or may...
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    I already stated my reasons. Others have theirs...

    I already stated my reasons. Others have theirs

    1st mover advantage. Debasement of USD/TIPS as my alternate. Laws of supply/demand in favour. Ability in Canada to hold it in registered plan...
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    People will gamble even when the odds are against...

    People will gamble even when the odds are against them. People think they'll be the winners and that others will lose. Sampling numbers is difficult due to survivorship bias.

    Kahneman and...
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    I thought I'd expand on this. Early finance...

    I thought I'd expand on this. Early finance readings would say that Fed money printing was also a Ponzi Game but played over generations and the winners being the current and next generation but the...
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    Of course. It's a ponzi game. Not a Ponzi...

    Of course. It's a ponzi game. Not a Ponzi Scheme to be clear.
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    Not that I know of. Sidecoins, rollups, siloed...

    Not that I know of. Sidecoins, rollups, siloed protocols.... it's things like this that constantly remind me that "Web 3.0" is so very much in its infancy. Tomorrow I have to fund Shakepay, send...
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    It's entirely possible. Crypto is binary outcome.

    It's entirely possible. Crypto is binary outcome.
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    Polygon going for the ZKRollup so it can settle...

    Polygon going for the ZKRollup so it can settle on Ethereum Layer 2. Finally
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    Yeah. I don't want to get in the way of micro...

    Yeah. I don't want to get in the way of micro parsing but you're all overthinking this. Just go on the line. I went + 1 on the 189 length but I can't think on the line would have been noticeable
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    There's a price target report via gmedd.com. ...

    There's a price target report via gmedd.com. Nicely aggressive
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    Agreed

    Agreed
  33. Thread: Whistler 21/22

    by LeeLau
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    Exactly. Tibfib pow

    Exactly. Tibfib pow
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    A bit more but have to set aside for taxes. I...

    A bit more but have to set aside for taxes. I just worked very hard at understanding finance and technology (my particular niche) then went from there. A lot harder than at biking or skiing. Much...
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    1M USD in 2008 numbers. Inflation adjusted...

    1M USD in 2008 numbers. Inflation adjusted that's approx 1.45M today
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    When I saw the RIVN nuthouse I bought shares of...

    When I saw the RIVN nuthouse I bought shares of the GGPI SPAC. It will merge with Polestar; and EV company owned by Volvo and Geely. Just prior it was running at about 11 and stayed there for a...
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    I suspect you'll find that so many BTC/Crypto...

    I suspect you'll find that so many BTC/Crypto cultists aka maximalists are so wrapped up in their rabbit holes that their lingua franca is jargon. Having said that one can see this is any fringe...
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    This is more substantive than the talking head...

    This is more substantive than the talking head drivel.

    MtGox lost bitcoin in a spectacular 2014 hack. The Japanese bankruptcy trustee recovered some of it. Distribution will be shortly. Since...
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    Fuck those people.

    Fuck those people.
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    https://hbr.org/2021/11/how-nfts-create-value ...

    https://hbr.org/2021/11/how-nfts-create-value

    Well written and from the Harvard Business Review no less
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    One more. His last blog ...

    One more. His last blog

    http://marcleclerc.blogspot.com/2016/04/a-visit-with-emperor-mt-robson-infinite.html?m=1
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    His high school grad he soloed Cheams N face. we...

    His high school grad he soloed Cheams N face. we all pitched in and got him an Ast class
    ...
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    Here's one when he soloed the NW couloir of Cheam...

    Here's one when he soloed the NW couloir of Cheam at 15 years old https://forums.clubtread.com/27-british-columbia/24008-cheam-peak-west-couloir-solo-attempt.html#/topics/24008
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    Yup. When he was a kid starting out he'd post...

    Yup. When he was a kid starting out he'd post really good trip reports and we'd all be blown away when we realized he was 14 , 15 years old
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    That was really good. .I still want to know more...

    That was really good. .I still want to know more about dPOS but the Wax Cloud Wallet is as easy as I've seen. About 10000x easier to use than MetaMask. literally a one click signup

    I'm leaning...
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    WAX is interesting. 3.7bn max. 1.8bn burned. ...

    WAX is interesting. 3.7bn max. 1.8bn burned. How does it justify being carbon neutral? Will dig more
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    It is. But consider that Millennials and Gen Y...

    It is. But consider that Millennials and Gen Y are gambling away their future. And realistically most of them have none
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    I'm a bit old fashioned. I read the constituting...

    I'm a bit old fashioned. I read the constituting documents (usually the charter of the DAO), read about the governance, see what technology has been implemented and how, check maximum token...
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    Covered PTON short. Started BYND short.

    Covered PTON short. Started BYND short.
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    You're looking for trading ideas. You think...

    You're looking for trading ideas. You think you're not but your Fomo is glaring. That's fine but your lack of ability to glean information is on you.

    Makers, Shera and I ( and possibly bennymac)...
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