SwimSwimHungry

5 ms·

1.
A Suggestion for Hacker News – Feed Filtering
9 points by SwimSwimHungry 4y ago|8 comments
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by SwimSwimHungry 4y ago
>In addition, the dollar is guaranteed to be diluted, meanwhile for Bitcoin, there's no such certainty. People having to HODL tell themselves whatever they need to to feel confident in their so-called investment. Frankly, people tha
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by SwimSwimHungry 4y ago
Which certainly reinforces the notion that Bitcoin is not a good "hedge" that is often claimed by bitcoin maxis. Digital gold my butt.
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by SwimSwimHungry 4y ago
Sure. But one thing cryptocurrency is terrible at is requiring that you do your own op-sec. Maybe you're good at that sort of thing, but because of the inherent lack of controls to reverse transactions made by mistake or accidental fat
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Wikipedia RFC to stop accepting cryptocurrencies passes by majority vote(meta.wikimedia.org)
316 points by SwimSwimHungry 4y ago|380 comments
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by SwimSwimHungry 5y ago
Agreed. I think this is simply cashing in on the cryptocurrency craze while it's still fashionable. Then again, Moxie Marlinspike was never the most transparent fellow I've seen. At this rate, I'm probably going to go with a
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by SwimSwimHungry 5y ago
Does everything have to be an exploitative grift though? With reddit also announcing cryprocurrency based karma, I'm starting to think that this is all an effort to cash out on whatever goodwill they may have. Frankly I wish this stuff
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by SwimSwimHungry 5y ago
Dude this made my day. Thanks! xD
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by SwimSwimHungry 5y ago
I'd argue the WWW was instantly useful, even during its halcyon days. IPFS on the other hand is a horrible "jack of all trades" that has mediocre performance even in the best of times, and it hasn't really gotten any b
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by SwimSwimHungry 5y ago
@dang runs a great site here. I will admit, I haven't always been the most level headed commenter all the time, but I've been trying to improve where I can, and I think what he says resonates with me. I try to pretend I'm in
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by SwimSwimHungry 5y ago
What do you mean? Of course it is. How else has ransomware been able to thrive as of late? The sooner governments abolish fiat to cryptocurrency exchanges and make such transactions illegal, the sooner this clown car of sadness will come to
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by SwimSwimHungry 5y ago
Nice subtle humble brag.
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by SwimSwimHungry 5y ago
Who cares what Satoshi said back then. What Bitcoin has become now is a complete sham with early adopters stoking the flames of FOMO to get rich quick at the expense of everyone else. I wish cryptocurrency fans would stop smelling their o
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by SwimSwimHungry 5y ago
At least with Bitcoin, the ledger is open for all to see. The privacy angle is specious at best.
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by SwimSwimHungry 5y ago
Are we going to forget the exorbitant network and miner fees of Bitcoin as well?
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by SwimSwimHungry 5y ago
Apparently? There is no real proof this has brought mostly normal people in Nigeria out of poverty, at least at large enough numbers to be believed. This is just some yarn spun up by proponents of cryptocurrency to rally more to their cause
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by SwimSwimHungry 5y ago
Honestly, I vastly prefer OpenPOWER over ARM from a consistency in implementation perspective. Not to mention, at least with POWER9, no mandatory binary blobs or opaque management engine chips that can't be properly audited.
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by SwimSwimHungry 5y ago
I might be interested. Definitely consider posting some of this on eBay and I'd be happy to give it a look. :)
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by SwimSwimHungry 5y ago
Fun fact: Ari Weinstein, the fellow mentioned in the article, is the guy behind the Shortcuts app baked into iOS (formerly known as Workflow - which I believe acquired Y Combinator funding). He's a world class prodigy, so seeing him ti
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by SwimSwimHungry 5y ago
I'm still not sure I agree that Satoshi did nothing wrong, per se. But I really appreciate what you're saying, as this does afford some separation of the art (Bitcoin and Co.) from the artist (Satoshi). Satoshi (whether it be he,
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by SwimSwimHungry 5y ago
They just want someone down the line to buy in to keep the grift going, honestly.
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by SwimSwimHungry 5y ago
Fair enough. My suspicions could be bunk and this GS employee really just made a leap of faith Hail Mary pass and won this way.
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by SwimSwimHungry 5y ago
I wish you well and all the best, nly. I hope we get out of this relatively unscathed.
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by SwimSwimHungry 5y ago
Perhaps... but cryptocurrency makes this far more blatant and obvious. It really is sold as some kind of pipe-dream and a miracle financial instrument. Yet tell that to those who lost their shirts on Mt. Gox, Binance, any of the black swan
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by SwimSwimHungry 5y ago
>>I look at ransomware as a positive, finally a forcing function for companies to take security seriously. Energy, it's pushing us towards greener energy sources and there are less energy intensive alternatives being developed. I
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by SwimSwimHungry 5y ago
I wager once people have to start going back to work and all the free government money dries up, there will be a run on crypto to realize their gains en-masse, and this will trigger a massive wipe out for many latecomers. Frankly, cryptocur
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by SwimSwimHungry 5y ago
I do liken cryptocurrency as a sort of voluntary "redistribution of the wealth" but from the peanut gallery to early adopters and the already objectively "rich". This really feels like a kind of "screw you, I'v
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by SwimSwimHungry 5y ago
Over 10 years in and it's still "early days" for crypto? When do you think this entire thing is considered mature? I'm very much a crypto skeptic, mostly because I see a lot more harm than good that comes out of the spac
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by SwimSwimHungry 5y ago
I do feel jaded by all of this, but I can only hope that people who lose their shirts on all of this actually learn not to try this mess ever again. Greed really can be our biggest downfall.
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by SwimSwimHungry 5y ago
Honestly, it seems to me like this may be a case of having some insider knowledge or knowing ahead of time that the coordinated pump and dump was going to occur. Any rational person would have looked at DOGE over the past however many years

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