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kemonocode
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1.
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by
kemonocode
5y ago
(Transfer)Wise arbitrarily stopped working for Venezuela over sanctions that don't even apply to the entirety of the country, right before I was going to accept a pretty well paid gig that would have covered my living expenses for mont
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by
kemonocode
5y ago
You can have different, non-conflicting goals. Specific projects bring something in particular to the table. Permission-less transactions on an immutable ledger is the very least most bring. A form of rebellion against centralized banking a
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by
kemonocode
5y ago
As much as Roger Waters lost all my respect back then when he sided with Maduro during the Venezuelan protests, giving the middle finger to Zuckerberg is something I wholeheartedly endorse. The irony is just too thick with his materials in
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by
kemonocode
5y ago
>PoW undermines our attempts to fight climate change, there's tons of examples of fossil fuel power plants being used for the sole purpose of running "crypto" "currencies". No. There's literally one single
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by
kemonocode
5y ago
> In some ways, the whole debate could be more civil if officers faces and voices were blurred. Police have no expectation of privacy when performing their official duties, at least in the US, so that should be a non-issue. If they don&#
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kemonocode
5y ago
> The main problems are 1) that catastrophic events can and will happen in the future. That's why nobody wants to live next to a nuclear power plant. The chances for such events are vanishingly low when it comes to modern reactors.
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by
kemonocode
5y ago
> This is good for the planet because mountains of Xinjiang coal are no longer being burned to achieve literally nothing. By the same token I could say all the power (and pollution!) used by the US military given that it's actively
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by
kemonocode
5y ago
Conspiracy nuts and other unsavory members from fringe communities do make for odd bedfellows when one is being actively censored, thus why I am loathe to promote Bitchute et al. Best second alternative would be their own Peertube instance
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by
kemonocode
5y ago
/r/Buttcoin has been about as bad smelling their own farts over the years as the Bitcoin subreddit has. The occasional blog post by long-time critics (Gerard et al) is the only thing of value you can find there.
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by
kemonocode
5y ago
The only reason this is news-worthy is because it's tied to the current hot button issue (cryptocurrency). Scams like these happen all the time during bull markets and the crypto investment maxims (never invest what you're not wil
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by
kemonocode
5y ago
"Waste" is value judgement. For me, it's securing a network of decentralized transactions, so that power isn't wasted. Given my distaste for adtech and certain governments, I'd qualify their power and resource usage
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kemonocode
5y ago
Sometimes crypto investors do their investing through means that can be several times detached from the nitty and gritty (e.g. would buying COIN or MSTR stock be considered crypto investing? Some say it would) so it doesn't surprise me
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by
kemonocode
5y ago
I've had a friend take his own life over a false rape accusation so it forever changed the way I see such things. I wish most people didn't have to go through something like that to stop blindly believing every serious accusation
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World's central banks launch new campaign against cryptocurrencies
(cbc.ca)
5 points
by
kemonocode
5y ago
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0 comments
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by
kemonocode
5y ago
It exists, and it very much works [0] but it has yet to reach the massive levels of adoption people would have expected by now. Simple as that. [0] https://1ml.com/
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kemonocode
5y ago
Gold is very inert, yes, but it still gets beaten by copper when it comes to conductivity [0] which is why conductors are rarely ever made out of gold instead of merely gold-plated. Gold's industry use remains negligible in the great s
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by
kemonocode
5y ago
Yes, actually, people overestimate the reversibility of wire transfers. And before cryptocurrency, there were still shady money services such as Liberty Reserve or Perfect Money with little qualms about their habitual clientele.
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by
kemonocode
5y ago
Then you hire the services of brokers that don't have the same compunctions about transacting in crypto. And even if you were to magically erase all cryptocurrency from the earth, it wouldn't still stop ransomware, or the same sta
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by
kemonocode
5y ago
I wonder why such an aggressive thermal cutoff too, 50C ain't that hot even for consumer-grade electronics. Is it related to all that heat reducing SNR to unacceptable levels? If so, that frankly sounds like a pretty severe design shor
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by
kemonocode
5y ago
It may be a libertarian rag, but the article is just about what it says on the title: thermal shutdown hitting Starlink users. In fact, I had tried to submit an article coming from Ars Technica [0] but I deleted it as I saw it gaining no tr
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by
kemonocode
5y ago
If you believe banning cryptocurrencies will suddenly stop ransomware, then I have a bridge to sell you.
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by
kemonocode
5y ago
I've mostly been writing backend code which pretty much works just the same whether deployed on Windows and Linux, that's interoperability by default. With Java the issues came from elsewhere- it was less so the interoperability a
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kemonocode
5y ago
Here's hoping .NET can some day shake off its Windows exclusivity stigma, as I've been writing pretty interoperable C# code for the past 3-4 years or so, and it's been a joy. Night and day compared to Java, at least. I'l
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kemonocode
5y ago
If I understand things correctly, it didn't start out with such insane yields- that merely happened once it lost its peg. Even with my skepticism when it comes to stablecoins in general, I'd first put money in something that'
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by
kemonocode
5y ago
I knew crypto detractors were going to have a field day with this one. ;) With DeFi, you're simply exchanging one type of risk for another. Without due diligence you're pissing your money away- as it is to be expected. And as it w
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by
kemonocode
5y ago
I just call it appealing to the lowest common denominator.
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by
kemonocode
5y ago
Mature internet infrastructure? No. Only perhaps if you want a whole bunch of validating (full) nodes, and only then for the initial bootstrapping and the whole hassle of downloading the entire blockchain up to that point, but past that,
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by
kemonocode
5y ago
As of a little while ago, yes: https://www.binance.us/
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by
kemonocode
5y ago
I'd rather prefer it died already so the crypto ecosystem can purge itself off it, but I can't make a bet as to when that will happen. It'll be a bloodshed in the short term but it'll recover in time. We did just fine wi
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kemonocode
5y ago
Thank you for taking the time to explain things at least. I don't personally rely that much on "instant answers"- at least for the things that I'm most likely to have to look up, but I can see why they're so useful.
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