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wbnns commented on Visa and Mastercard are getting overwhelmed by gamer fury over censorship   polygon.com/news/616835/v... · Posted by u/mrzool
BitwiseFool · a month ago
>"But seeing all governments are looking closely to regulate the coins, I believe it will be locked down just like the credit cards."

The Bitcoin crowd is adamant that no government can regulate Bitcoin. They are correct in the sense that Congress is unable to pass a law dictating what the Bitcoin protocol must do, and that as a decentralized network people are free to follow whichever fork of Bitcoin they choose.

However, they have not given much consideration to the fact that governments have full authority to regulate those that use Bitcoin. In other words, no government needs to change Bitcoin. All they need to do is dictate what the lawful use of Bitcoin looks like in their jurisdiction. There is nothing stopping a government from declaring that all wallets owned by their citizens must be registered, and that all transactions must be voluntarily reported to the authorities. In the context of this article, I doubt that a government would prohibit the sale of these games, but I agree with your assertion that the government is likely to start locking down cryptocurrencies in some way that impedes privacy.

wbnns · a month ago
> There is nothing stopping a government from declaring that all wallets owned by their citizens must be registered, and that all transactions must be voluntarily reported to the authorities.

This would likely drive capital and the fintech companies and financial institutions behind it to friendlier countries and more welcoming markets.

wbnns commented on Show HN: Open-source compliance-as-code for crypto projects   github.com/ShorPay/shor-c... · Posted by u/daivikgoel
wbnns · a month ago
Nice work; this is super interesting and clearly reflects a lot of thoughtful planning.

At this stage, I’d suggest actively joining a range of communities to gather feedback on how they might leverage this in their apps. A good starting point is the Base ecosystem[1], which lists projects with active Discords and Telegrams. You’ll find similar directories for Solana[2], Ethereum L2s, and other networks.

My main critique is around the compliance claims. Many jurisdictions, US included, lack clear guidance, and the landscape is changing quickly. There is a lot of gray area.

From a builder’s perspective, the key question is: What exactly does integrating this tool achieve in terms of regulatory compliance? Can they confidently rely on it as compliant? If so, where and how?

You might consider partnering with legal firms or compliance leaders who work directly with foundations and top-tier apps. Their input could help align your product with real-world needs and create a feedback loop that keeps the tool aligned with evolving guidance.

Finally, this seems like a massive lift to maintain. Curious how you plan to manage costs to keep it in sync over the next 3, 6, or 9 months—and how it sustains itself long-term.

Hope that helps!

[1] https://base.org/ecosystem [2] https://solapps.dev/

wbnns commented on Show HN: ETHShot – an Ethereum test‑net "take‑your‑shot" jackpot game    · Posted by u/cranberryturkey
wbnns · a month ago
Hey Anthony, nice work so far. Jackpot-style games are a tough space to build in, but there’s real upside. No one’s really cracked onchain versions yet, even though they’re everywhere offchain.

What you’re building reminds me a bit of lottery mechanics, so I wanted to share a couple examples that might offer inspiration. Both run on L2s to keep participation cheap.

Examples: https://basebillionslotto.eth.limo/https://theinternettoken.com/

As for feedback, I’d suggest skipping Hacker News and instead narrowing in on the specific market you're targeting. Join focused crypto communities (if you haven’t already), especially ones where people are already playing onchain games. Invite them into your own space (Discord, Telegram, etc.) and start building in public -- share updates weekly, gather feedback, and increase engagement over time.

Use that to test key questions: how people experience onboarding, what they think of the odds, how sticky the game feels. For security, definitely find a way to get an audit from a reputable firm.

Hope that helps.

wbnns commented on Ask HN: What happens if/when crypto will significantly go down?    · Posted by u/simonebrunozzi
wbnns · a month ago
Some people will fold, while others continue to hold or buy the dip

Bear case: Solar flare or thermonuclear war/nuclear winter puts us back a century without an internet, which in effect turns off crypto for everyone

Bull case: It all becomes ubiquitous, everyone holds it in some form and as to the technology behind it, people don't even realize they're using it everyday to easily maintain their digital sovereignty

wbnns commented on Ask HN: What could I build to make your life a little easier?    · Posted by u/uint9_t
adrianwaj · a month ago
Some type of crypto bounty site for ideas such as the ones listed on this page. So not whoishiring, but whoispaying.

Pledged funds returned if funding goal not obtained. Milestones voted upon for new funds to be released - or just multi-stage projects.

Big bounties paid here: https://hackenproof.com/

This Bounty site should be good for getting long-tail coins off the ground - get a buch of cool/useful apps developed so the underlying coins can go viral. Have some coins in your back pocket too.

Bitcoin and Ethereum are silly to use if you're smart and want to make an impact on the price. Leave those to the banking mafia. Although any apps will probably be replicated to them if they're successful and especially if open-source. At least there's a head start. That said, EVM is compatible to multiple chains.

Checkout rofl.app platform (Oasis) - only because it's new and being hyped right now. There are other ones too, obviously.

In my previous comment, I suggest 2 ideas in the areas of localized prediction markets and rentals in the Access Economy. Gambling and predictions are different things although there is overlap. Predictions can be used to bring focus to new narratives. That's powerful. The observer can also influence the observed.

Life is going to get a lot harder for many as inequality increases, but that belief doesn't have to be set in stone.

wbnns · a month ago
> Some type of crypto bounty site

It's a hard problem to solve, especially for decentralized ones -- who attests that the job is complete, who releases the funds, how do disputes work

And like all two-sided marketplaces, quality is a trap: great bounties attract noise; noise burns out funders; and without strong filtering (managed by whom w/ what kinds of incentives), things degrade fast

But yeah, wish there were more solid options. It's an interesting space and there's a lot of opportunity for people who can get it right.

wbnns commented on Ask HN: US expats/nomads, how do you find remote-out-of-US jobs in US?    · Posted by u/rudnevr
wbnns · a month ago
Contribute to open source and join communities associated with what you're interested in

In them, build in public and share what you're shipping each week

wbnns commented on Show HN: Remote-Controlled IKEA Deathstar Lamp   gitlab.com/sephalon/death... · Posted by u/sephalon
mimischi · 4 months ago
The embedded video in the README is working just fine in Safari on iOS
wbnns · 4 months ago
Doesn't seem to work in Brave
wbnns commented on     · Posted by u/wbnns
wbnns · 9 months ago
This video is mainly about if you're interested in working on the Base core team or in the ecosystem, but some of what I say also generally applies to any network or crypto community you might be interested in or are already a part of

IMO it's one of the best times to get a new job in the space, especially if you're looking to make a a switch, change careers or find a new job in 2025

Here are the links I mention in the video: https://base.org/jobs | https://base.org/ecosystem | https://base.org/discord | https://github.com/base-org/

u/wbnns

KarmaCake day11November 1, 2016
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Solo developer • Ex-Coinbase, ex-maintainer of bitcoin.org • Mastering Bitcoin & Ethereum editor • github.com/wbnns • wbnns.com • x.com/wbnns
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