If someone wanted to “invest in crypto”, they have already done it by now and probably thinking to get more than a single digit percentage return[0].
You are offering a 4%-7% return that is only slightly higher than the promotional interest by fintechs[1] (where the money, up to a value, is guaranteed by the government).
Our customer isn’t someone who “wants to invest in crypto.” It’s someone with €20K in a savings account earning 0.5%, who knows they’re losing to inflation but doesn’t want stock volatility or crypto complexity.
The fintech promos you linked are real competition but they’re promos. They last 3-6 months, then drop. The yield we offer is structural: it comes from borrowers paying interest on overcollateralized loans, not from a bank’s marketing budget.
You’re right that we need to be meaningfully better than promo rates to justify the tradeoff of no government guarantee. That’s exactly why EURc integration matters eliminating FX friction makes the real net return more competitive.
this is an investement not a lending as this solution, the problems are cash liquidity ( in order to sell the instruet) upfront and downfront commision and yearly also
The explanation is a bit scary about what actually ended up in parity code:
The wallet contract forwards all unmatched function calls to the library using delegate call... This causes all public functions from the library to be callable by anyone, including initWallet, which can change the contract’s owners.
> "Python works okay, but I think Xcode is great because of autocomplete and syntax checks."
Well, just say that you wanted to try something new. That's a much better excuse to pick a technology.
I think that there are some great tools around for Python, and picking a language because of XCode... I think that one of the major selling point of Xamarin is that you can avoid it altogether :-)
So you speak for the author, or what? Tooling is and always has been dire for Python developers, and the productivity that comes from good tooling is absolutely a valid reason for considering a different ecosystem.
I think his point was that if you're looking for great tooling, you're not going to find it with Swift/Xcode. Right now it doesn't support automatic refactoring, has limited support for inspecting variables while debugging, and suffers from frequent partial crashes and other bugs.
If you want to find great tooling, look at Java or C#, which are both excellent languages for servers.
Thanks! However, my point was that people shouldn't have to read comments on HN to be able to find the editor (I thank you for helping me though!) that someone wrote a whole blogpost about.
I agree with you, though it's a frequent issue that blog posts don't link back to the main site. With that said, it's fairly obvious to go to the root domain for something like a blog post, and that's how i found it.
just some context. Nugged[0] is a service started by Justin Vincent and Ken Wallace to present SaaS ideas with a discussion forum.
Justin talked about the idea on the podcast he's hosting with Jason Roberts, Techzing live[1] and there's a discussion about Nugget on bootstrapped.fm[2]
Correct! Also, I discuss it in an interview with Rob Walling on his podcast, Startups For The Rest Of Us Episode 297 [3], as well as on The Nights and Weekends Podcast Episode 43 [4]
"Cost in terms of lifestyle" compared to what?
there're studies (e.g. this report from citybank[0]) that shows that inaction is actually more expensive, taking into account the cost of the climate change disasters...
Seems to me that people believe that doing nothing we will keep living in the same way. Sorry to have to wake you up. Doing nothing will screw up the planet and your (and mine) "lifestyle".
The article referenced in this discussion[1] have other nice data/information about this topic.
I have kids and this is not the future I want for them.
> "Cost in terms of lifestyle" compared to what? there're studies (that shows that inaction is actually more expensive
Please, keep in mind that renouncing to your car will not prevent you from breathing smoke, unless many people around you do the same. Reducing to the bare minimum your electricity consumption will not lower the slice of your taxes devoted to dealing with global warming, unless many people around you do the same. Et cetera...
Unfortunately unless everyone stops having kids it is not going to help. I would argue that what the world needs is more thoughtful people and that thoughtful people should be having more children.
If someone wanted to “invest in crypto”, they have already done it by now and probably thinking to get more than a single digit percentage return[0].
You are offering a 4%-7% return that is only slightly higher than the promotional interest by fintechs[1] (where the money, up to a value, is guaranteed by the government).
[0]: https://www.8lends.io
[1]: https://www.eupersonalfinance.eu/articles/best-savings-accou...
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