You're looking at Less Wrong's discussion board. This includes all posts, including those that haven't been promoted to the front page yet. For more information, see About Less Wrong.

MattG comments on Open Thread, Dec. 28 - Jan. 3, 2016 - Less Wrong Discussion

10 Post author: Clarity 27 December 2015 02:21PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (144)

You are viewing a single comment's thread. Show more comments above.

Comment author: [deleted] 30 December 2015 07:56:53AM *  0 points [-]

"The market can stay irrational longer than you can stay solvent."

That's not how the blockchain works - once the app is there, it exists forever( at least as long as other apps are using that same blockchain), and it can limp along as long as it needs to until the market catches up. It's one of the key reasons I chose the business model I did (which allows investors to make money from the app being succesful, no matter whether that's from an application of the protocol IM using, or someone else)