> BUSD as of Oct 29th had a market cap of $13.1B USD which was fully backed by fiat USD held in bank accounts which are audited monthly.
You claim this and then link to a page explicitly labelled attestations - an attestation is not the same thing as an audit. None of the stablecoins have had an actual audit done AFAIK - Tether said they were going to do one, and then their accountant dropped them shortly afterwards.
Again, assets on a blockchain only matter if someone cares about that blockchain. If I only support blockchain B, it doesn't matter how many assets you have on blockchain A as I will never support it. If I'm invested in blockchain B there's little reason to add to my expenses to support other blockchains.
Even in the most practical terms, if I sell in game assets they're ones I made for my game. I know they work with my game. Why would I put in extra effort to import third party assets I don't make money on? If your assets are in a proprietary format I'd need to spend more money licensing some importer or build my own.
This only works if the developers choose to spend time implementing an import/export system. That’s a lot of work and since they need to have an arrangement for that anyway, why wouldn’t they use their existing billing system to retain control of it and a greater share of the profits?
I'm conflicted on the issue. Plaid only has to do this insane screen scraping because there's no other way to get my own financial data. The details of how it's done pains me, but I also think I should have freedom of choice with my data.
IMHO, the Canadian proposal seems like the ideal solution. Force the banks to offer a secure and more efficient way for consumers to access their open banking data. (This will also massively lower the barrier to entry for another Plaid competitor)
edit: Plaid's docs mention that banks may detect and block this screen-scraping. They frame it as the bank limiting "your ability to access your financial information", which I think is somewhat valid. They're quite obtuse about the whole scraping thing though: https://plaid.com/trouble-connecting/#:~:text=Your%20financi...
I'm not conflicted on it at all. Plaid might need to do this for them to work, but there's nothing that makes Plaid required for anything you do with your banking. People keep mistaking convenience for necessity, and that's how we keep ending up with hacked-together services that leak everyone's info and worse.
I'd rather have no convenience than a convenience that hands off the keys to my life behind my back. And so should the rest of us.
Iphone users aren't allowed to install Chrome. They want chrome, but all they get is a shitty chrome skin on Safari. It does trick a lot of people into thinking that they actually have chrome though.
If this article was trying to get me to try ClojureScript, it had the exact opposite effect. Beautiful syntax to define a class had me at first, but then fell on its face when I saw that first "if" and compltely lost me with the gymnastics required to.. wait for it.. make one thing happen after another?
Your experience with social media largely depends on the accounts you surround yourself with.
I had an identical experience to yours on Facebook, but my Twitter accounts are carefully curated by topic and their timelines are generally excellent.
altruistic view : if you fix their service on your end, it invalidates portions of their feature A/B test -- a weaker signal means that it'll be less likely that they remove whatever feature offended you / made the service worse.
pessimistic view : they won't stop being abusive to the user until the abuse shows up on their financial reports. Stop being a patron, they'll be forced to change their ways.
OP could be referring to the overwhelming impact of Trump on Twitter and his penchant toward bullying and violence.
I don't log into Twitter. I don't "surround myself" with any accounts. Yet, the platform is inescapably branded by their inability to police their own content and I could not avoid if even when I tried.
BUSD as of Oct 29th had a market cap of $13.1B USD which was fully backed by fiat USD held in bank accounts which are audited monthly [1]
USDT has a market cap of $74B and has never been fully audited and last released an attestation report in March 2021.
[1] https://paxos.com/attestations/