I'm regularly a bit surprised at how many people don't even consider purchasing a la carte content or Blu Rays. For films it's often a pretty reasonable option for occasional viewing.
I loved my AstroCam as a kid. I think dad and I tried six launches. When a photo finally came out it was the best day. Thank you for sharing, a great reminder of how far we’ve come. Also of how short attention span has eroded patience during many of today’s prescribed “STEM” activities.
This happened to me in college. They never refunded my $7k balance. It was devastating to me at the time. The experience has played no small role in me becoming a cryptocurrency believer and advocate for the unbanked.
Easier: I can earn or spend real money 24/7 without anyone’s permission, at any age, in any location.
Faster: Payments settle lightning fast compared to ACH/Wires, permanently and internationally.
Better: I don’t need anyone’s approval to be “banked” and I don’t have to operate in fear of clawbacks. Programs are the ultimate unbanked, and that’s the “agentic economy” that is emerging.
No third party: Almost certainly as a user there are still third parties involved, this isn't (AFAICS and based on other discussions) a user facing chain (edit: correction, they do say the chain is public, but here I really mean user facing value: you aren't minting stablecoins, you have to get them from somewhere). At "envisioned" transaction rates you would in practice not be syncing the chain and interacting with it yourself in any meaningful way.
Settlement: chain settlement is different from financial settlement. Between clearing ends there will still need to be sufficient demonstration of KYC, exchange of some form of actual holdings and so on. Typically the attraction of /to stablecoins is that they're used to perform transactions ahead of movement of actualizable value in target currencies. A possible alternative model is that all invested parties sink actual value into a global sink fund backing the stablecoin that is sufficiently protected to ensure that it does not devalue. In practice organizations almost certainly aren't going to part with wealth on those volumes and will operate secondary private exchange markets and settlement in bulk to escape concerns of short term loss, leverage, inflation and many other dynamics.
Perhaps the author would consider open sourcing if they received financial compensation for their work to date? Crowdfunding or retroactive grants can liberate code.
Context: a big chunk of my 2024 income was from grant money to build open source software that I may have tried to monetize otherwise. It’s possible.
It’s not ideal but representative of the tension between user experience and technical correctness.
reply