glenvdb

5 ms·

1.
by glenvdb 5y ago
> Your post comes off strongly as cultish/MLMish That's because I strongly believe in its ability to have positive change on our civilisation... environmentally, economically, politically, and sociologically. Any belief held st
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by glenvdb 5y ago
If you're interested, but want to skip the noise on Twitter, uou can read most of his work in regards to Bitcoin and its humanitarian impact here: https://bitcoinmagazine.com/authors/alexgladstein
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by glenvdb 5y ago
> I think that I see in my network of people that the more technically apt they are, the less they believe in it This is because they just see the blockchain as an inefficient database, rather than really understanding the problems Bitco
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by glenvdb 5y ago
The metaverse (not Facebook's/Meta's version) can be whatever you want it to be. That's the point. You could sign into different worlds, or turn different layers of reality on/off. Perhaps you choose to use a realit
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by glenvdb 5y ago
The post I replied to was about the viability of Bitcoin being a currency I made the point that it being used as a currency, right now Discussion about the morality of legal tender laws is another matter
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by glenvdb 5y ago
Bitcoiners Thousands of people are doing it and these sorts of things make it easy to do: https://getumbrel.com/ https://start9.com/
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by glenvdb 5y ago
Well... neither does your's, or this one for that matter.
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by glenvdb 5y ago
You think they're going to shutdown the Internet to kill Bitcoin? Even if they did, once the Internet was back up and running what would stop the Bitcoin network from continuing where it left off? There's thousands of people aroun
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by glenvdb 5y ago
The people of El Salvador would appear to disagree.
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by glenvdb 5y ago
You've revealed plainly that you haven't got a clue what you're talking about. Miners can't change the protocol of the entire network. The only malevolent thing they could do is perform a 51% attack if they all colluded
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A heater that mines Bitcoin(heatbit.com)
2 points by glenvdb 5y ago|2 comments
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by glenvdb 5y ago
You can get around many paywalls with 12ft.io https://12ft.io/proxy?q=https://www.economist.com/leaders/20...
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by glenvdb 5y ago
I'm sorry, are you saying Bitcoin is hyper-inflating? Am I getting my wires crossed or are you confusing terms?
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by glenvdb 5y ago
I wonder if cemerick has any more comments on "absolute fantasies"... probably not.
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by glenvdb 5y ago
People still talking about high Bitcoin transaction fees pretending like the Lightning Network doesn't exist... it's almost as though they aren't keeping up with latest developments in the space, instead relying on old inform
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by glenvdb 5y ago
Alex Gladstein has written about this at length. He works for the Human Rights Foundation and advocates Bitcoin for its humanitarian use cases. He has spoken to many people in these types of countries to get their take on it. See for yourse
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by glenvdb 5y ago
The only thing fiat currency across the world has proven is that it's subject to the whims of bureaucrats and has the theft of inflation built-in. Even the "best" fiat in the world like GBP and USD have seen their purchasing
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by glenvdb 5y ago
>Finally, the fact that Bitcoin proponents have to point to poor authoritarian countries to find legitimate usecases is telling in and of itself. It's basically a blunt admission that the technology is mostly useless in the US. You
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by glenvdb 5y ago
Before addressing this comment I want to pick up a point from your previous post. >But say you want to flip a switch and turn off a single cryptocurrency in order to do it, and you'll have floods of people trivializing it, saying &q
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by glenvdb 5y ago
Scroll down to the bar chart showing the country rankings. Look at the top 3 countries (China, US, India). Compare those to Bitcoin... can you honestly tell me that Bitcoin constitutes a significant amount of energy consumption in that cont
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by glenvdb 5y ago
Some people will never change their minds. They've made their choice and changing their mind would be more painful than not. Bitcoin could be the world reserve currency and the same people would still say it's a scam. Ultimately,
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by glenvdb 5y ago
Someone was telling me that the general problem with HN is that they're all very technically capable, so they look at Bitcoin, understand it from a technical perspective (not always true) and deem it as inferior to other technical solu
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by glenvdb 5y ago
Do you understand the tradeoffs of why it works that way? That for an open and fully accessible, decentralised system that exists in an adversarial environment there has to be a large cost to any attacks? Of course there are much more effic
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by glenvdb 5y ago
Lots of people disagree with you about that. Sorry you see it as a waste, but we're going to keep using it and dedicating more energy towards it because we understand its value. https://www.youtube.com/watch?v=b-7dMVcVW
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by glenvdb 5y ago
But if you're actually curious to know it only takes a quick search to find info about proportions of use around the world https://blog.chainalysis.com/reports/2021-global-crypto-adop... It's very hard to get
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by glenvdb 5y ago
Not exactly, no. But I wasn't the one assigning a vague description of "size" to the number of people that use it that way, was I?
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by glenvdb 5y ago
Database insert? Ok... You may benefit from reading about why Bitcoin works the way that it does, and why certain tradeoffs were made. But you don't really care to know, do you?
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by glenvdb 5y ago
Please look at this data and then come back and tell me you still think Bitcoin mining is having a meaningful impact on climate change and why. https://cbeci.org/index/comparisons I'd be curious to read your thoug
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by glenvdb 5y ago
Yes, the wrench technique will always ultimately win. https://xkcd.com/538/ But they have to know someone holds it in the first place. You can walk around with a seed phrase in your head and no one would know.
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by glenvdb 5y ago
I find it very manipulative to offhandedly dismiss the utility it provides to people suffering under oppression or unstable financial systems and to compare that to smoking. As the article states, check your financial privilege. And "t

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