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jcdenton

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About jcdenton

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  1. Wrong, moles are not rodents. They belong to the order Soricomorpha See for yourself https://www.mentalfloss.com/article/27862/rodent-or-not-rodent
  2. Brilliant Money supply increases by the amount that would have disappeared from the other account. Hey is this your airport
  3. No one would accept this as payment on Sunday, therefore no one would accept it on Saturday, etc. And how could it trade at par with a currency that doesn't disappear?
  4. Thanks for this. Checks seem like a no-brainer considering Ripple's partners. Are the ideas about robustness related to Stellar's network outage in any way?
  5. They take the biggest volume real USD exchanges and balance with a small BTC and Tether component. It's not right for every use case, but for a "legit" index I like the mix a lot.
  6. Here's a good index I use, not official though. https://tradeblock.com/markets/indices/xrx
  7. I'm not aware of any, but it makes logical sense that they trade on the public order books even if the exchange is injecting liquidity themselves, because (open market liquidity + exchange's extra liquidity) is always going to offer a narrower spread than (only exchange's liquidity).
  8. All good, but no one was making that assumption... This rant seems off topic as we were discussing risks for Libra.
  9. This is a big thing to ignore. Where will they have to go to chase profits after 30+ year bond bull? Maybe in 25 years we will LOAO at the company that decided buying government debt was a swell idea "in 2020, of all years". Or could go the other way like you predict and succeed beyond reason. But don't overvalue the correlation with their current size and power. Black swans like that are a net danger to incumbents, not something they can dictate.
  10. https://www.ft.com/content/7884a51a-c3bf-3740-9739-9e933e2e8471 Pastebin: https://pastebin.com/N8kq5kHk @KarmaCoverage @Wandering_Dog
  11. Jesus Christ, man. That is just wrong on every level.
  12. Deposit related, possibly? I recently had one of those with Bitstamp. Price ran away from me for a week, 100% their fault. First negative experience in years though.
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