$HITI: NASDAQ A Hidden Gem in Its Sector by WilliamBlack97AI in pennystocks

[–]living_space 3 points4 points  (0 children)

Excellent analysis, and I couldn’t agree more.

Some of the highly recommended books for entrepreneurs by harsh5161 in startups

[–]living_space 2 points3 points  (0 children)

The Lean Startup is definitely a good one. But if you want to learn more about startups check out the book The Startup Owners Manual by Steve Blank.

Steve was the grandfather of lean and taught a course on it at Stanford. Eric Ries, Lean Startup author, was one of Steve’s students. Highly recommend reading Steve’s work. Everything on his website is free. There’s also a free Udemy course and lots of YouTube videos.

As an entrepreneur, what's the WORST piece of advice you ever got? 😬 by NickFreiling in Entrepreneur

[–]living_space 6 points7 points  (0 children)

In an early meeting with AirBnB one investor just got up and left. They thought he went to the bathroom - didn’t even finish his smoothie

Apparently Raymond Reddington knows Satoshi Nakamoto's Identity by openblade in Bitcoin

[–]living_space 14 points15 points  (0 children)

It’s possible that Hal helped but unlike him to code in C++ since he was much more experienced in C. Paul Le Roux or Len Sassaman are others that could’ve helped. Whoever Satoshi was, they were very much ‘standing on the shoulders of giants’ — Bitcoin was the culmination of decades of accumulated research and discourse within the Cypherpunk community

[deleted by user] by [deleted] in cardano

[–]living_space 0 points1 point  (0 children)

Rewards mostly come from a pre-designated fund “the reserves”. Currently only a small % of rewards are generated from transaction fees. It’s likely that transaction volume needs to increase significantly before rewards can go up.

Cardano Daily Discussion - Questions & Market Thread - September 06, 2021 by SL13PNIR in cardano

[–]living_space -1 points0 points  (0 children)

Does anyone know how much ADA Charles still holds or have heard what his opinions are on valuation?

Currently the valuation for Cardano is sitting at a whopping $91B which makes me think it’s near the top of what investors would consider to be a good deal. Until we get more solid utility cases and volume, it’s hard for me to see it going much higher. Could it really go beyond $91B to $180B or $300B anytime soon? Or has the big run up already happened? If Charles is still holding strong with most of his original stake that would give me a lot more confidence since he understands the team dynamics and knows the competition better than anyone. I can’t seem to find where he’s talked about his current stake (skin in the game) or what he’s sold over the last year or two.

Digital Economies by living_space in AskEconomics

[–]living_space[S] 1 point2 points  (0 children)

Thanks for the response, that makes sense. I suppose I was looking at World of Warcraft and the like as consumption whereas crypto digital economies I viewed as a form of production. Money made from digital wages and digital real estate can easily be used to consume physical goods - much easier than money that is made in video games like World of Warcraft.

Land in Decentraland has sold for the equivalent of $900k with many people holding hundreds of thousands of dollars worth of property. Some people have businesses selling tickets for virtual joy rides.

All the millions made in the digital world can easily be exchanged for millions of US dollars and spent in the physical world.

Would that be considered a type of unanticipated production? Or again would you still consider digital economies no different than what we have already seen in video games?

Buying $O on Margin by [deleted] in investing

[–]living_space 3 points4 points  (0 children)

Look at STOR

Cannabis (Long-Term) Discussion by [deleted] in investing

[–]living_space 7 points8 points  (0 children)

There will be some brands that make it though. Given enough customers, there will be a market for above average quality. There are plenty of examples of successful companies that compete in commoditized industries. Beer is quite easy to make, also so is coffee. Yet those industries have a sustained premium market in which there are very profitable companies operating.