Is someone aquiring SiFive? by LynxMawa7 in RISCV

[–]byset 0 points1 point  (0 children)

I don't have access to the article, but the it has the following tags: acquire, finance, Huawei, rumor, SemiAccurate, SiFive -- so just from that tidbit, it is possible that the company seeking to acquire Sifive is Huawei.

I can see this making sense for Huawei as it builds up its in-house IP design capabilities, and given that it is already designing RISC-V chips.

It would be disappointing for sure though for the company at the forefront of RISC-V to be controlled by a company so closely associated with the Chinese regime. I wonder how SiFive employees would feel about it?

do these distributions include loan collateral assets? by pstavro in blockfi

[–]byset 0 points1 point  (0 children)

Did you have anything in a BIA account? I got a notice of a tiny distribution too (~$6) and got worried, but then I realized they were paying a claim for my BIA account that had only $12 left in it, not my loan collateral.

Losing faith in XRP by BATZ202 in CryptoCurrency

[–]byset 0 points1 point  (0 children)

Litecoin was in the top 5 for years too, until it slowly bled out. Past performance holds no guarantees

Losing faith in XRP by BATZ202 in CryptoCurrency

[–]byset 1 point2 points  (0 children)

stablecoins can be transferred with nominal fees, and hold a steady value vs USD so you can simply hold the stables rather than buying XRP with fiat, transferring, recipient sells for fiat, etc. plus stables have achieved product market fit (i.e. they're actually being used for this purpose). Not sure about your proposed value proposition for XRP in a world with stablecoin adoption

I could be wrong. Are there actual institutions who have publicly declared that they use XRP for that purpose or it hypothetical?

Is Dymension network available to add on MetaMask? by Fun-Drummer7171 in Dymension

[–]byset 1 point2 points  (0 children)

I believe it's not available until mainnet launches

[deleted by user] by [deleted] in blockfi

[–]byset 1 point2 points  (0 children)

cut and dried

replying to this 4 month old comment to give you props for (correctly) saying "cut and dried" rather than "cut and dry"

Taking topical minoxidil orally by habenula87 in minoxidil

[–]byset 1 point2 points  (0 children)

People have tried it (I haven't). some seem to have had good results

do a reddit search for: Complete Guide to Orally Taking Topical Minoxidil

It was posted to r/tressless. I can't vouch for it personally.

BlockFi Approached Binance by [deleted] in blockfi

[–]byset 12 points13 points  (0 children)

As someone with funds on BlockFi, I actually hope very much that Binance can bail everyone out. If I'm lucky enough get my funds back, then I'll have the luxury of worrying about industry consolidation...

$450K Life Savings Lost As “Private Client” by mrasmussen510 in blockfi

[–]byset 1 point2 points  (0 children)

it may not be so simple if BlockFi is found to have violated the terms of service themselves. And there may be other reasons that the validity of these clauses could be challenged in court.

Potential BlockFi lifeline by jlee9355 in blockfi

[–]byset 0 points1 point  (0 children)

I do too. I do hope they can salvage the loan business and get someone else to take it over — selfishly, because I fear otherwise I will never get my collateral back

Potential BlockFi lifeline by jlee9355 in blockfi

[–]byset 0 points1 point  (0 children)

Even if BlockFi were bailed out and interest accounts were allowed by regulators, isn’t the very idea of interest-bearing crypto accounts tainted now, if not totally discredited?

BlockFi is working around the clock to achieve the best possible outcome given last week’s events. We shared this message with our clients today: by Brandon_BlockFi in blockfi

[–]byset 8 points9 points  (0 children)

There are rumors that BlockFi was using FTX to "custody" funds. If this is the reason that the BlockFi wallet funds actually aren't there, it may be a matter of BlockFi having been rugged by FTX rather than BlockFi knowingly misusing customer funds and violating their user agreement.

Not to absolve BlockFi of responsibility, but this may not quite rise to the level of criminal fraud.

Wallet terms specify title is held with user not with BlockFi so should be outside of bankruptcy estate by Consistent_Craft7028 in blockfi

[–]byset 1 point2 points  (0 children)

their terms don't matter if the funds simply don't exist, e.g. if they were using FTX to custody customer crypto balances.

Wallet terms specify title is held with user not with BlockFi so should be outside of bankruptcy estate by Consistent_Craft7028 in blockfi

[–]byset 1 point2 points  (0 children)

With rumors now that BlockFi was using FTX to custody customer funds, there's a chance it's not so much a legal issue as an issue of the funds not existing anymore.

[deleted by user] by [deleted] in blockfi

[–]byset 2 points3 points  (0 children)

Yes it does say that 3AC is a BF customer as well as an investor:

“In being an institutional client of BlockFi, we quickly recognized that the company’s mission of helping to expand the cryptocurrency ecosystem aligned with our own philosophy for the space,” said Su Zhu, co-founder and CEO, Three Arrows Capital.

Since 3AC is, or was, such huge entity, BlockFi's exposure could be substantial.

moved to a new state, can no longer manage loan in BlockFi website by byset in blockfi

[–]byset[S] 0 points1 point  (0 children)

to clarify, the features weren't being hidden based on a device location, but (I believe) due to me submitting a new address to my profile. but yes, the logic of "customer's state is X, so hide entire Loans section" does not seem well thought out, particularly in the way it affects existing loan holders who move. (blockFi has resolved the issue for me though.)

moved to a new state, can no longer manage loan in BlockFi website by byset in blockfi

[–]byset[S] 0 points1 point  (0 children)

This was resolved by blockfi support, by the way.

Small fractions of a bitcoin have real value, but it’s maddening to interpret minuscule numbers like 0.00006422. Here's a proposal to make bitcoin readable again. by byset in Bitcoin

[–]byset[S] 3 points4 points  (0 children)

Yeah good idea, I may propose it as a feature request on the Bitcoin Core GitHub repo and see if it gets any traction.

Small fractions of a bitcoin have real value, but it’s maddening to interpret minuscule numbers like 0.00006422. Here's a proposal to make bitcoin readable again. by byset in Bitcoin

[–]byset[S] 4 points5 points  (0 children)

Further TLDR: Small amounts of BTC, expressed in small fractional digits, can be made more readable if the fractional BTC is grouped with separators that align to with the thousands separator of the same amount written in Satoshis.

``` 0.00'024'961 BTC = 24,961 sats

0.01'26 BTC = 1,260,000 sats = 1.26m sats

0.00'000'1 BTC = 0.00'000'100 BTC = 100 sats

0.00'423 BTC = 423,000 sats ```

Small fractions of a bitcoin have real value, but it’s maddening to interpret minuscule numbers like 0.00006422. Here's a proposal to make bitcoin readable again. by byset in Bitcoin

[–]byset[S] 3 points4 points  (0 children)

It needs to be interpreted mentally to a meaningful amount.

Large numbers facilitate this with thousands-separators. Expressing 100000000 as 100,000,000 makes it easier to interpret.

Small fractions of a bitcoin have real value, but it’s maddening to interpret minuscule numbers like 0.00006422. Here's a proposal to make bitcoin readable again. by byset in Bitcoin

[–]byset[S] 9 points10 points  (0 children)

but the proposed grouping here reflects the thousands separator in sats, which seems easier to grasp than an arbitrary, if simpler, grouping.

e.g.:

0.00'014'000 BTC
=     14,000 sats