mikeblackson

12 ms·

1.
by mikeblackson 5y ago
Racists are so uncreative and unintelligent. Non-white students paying good money for an education should ask for this garbage to be removed. Anything that is racist and still celebrated is fair game. Locals and staff that got comfortable w
2.
by mikeblackson 5y ago
If it's a guaranteed malicious release, any student of history will tell you China is one of the least likely to carry out an attack like this. The US (Fort Detrick), Japan, UK, and Germany all rank higher on the list of potential sus
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by mikeblackson 5y ago
You can't say how efficient it is without calculating how layer 2 scaling affects per transaction energy usage. You can do millions of layer 2 transactions that eventually settle as 1 transaction on the main chain.
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by mikeblackson 5y ago
You can do 1+ million lightning network transactions that will settle as 1 transaction on the BTC blockchain, so ~$93/1,000,000? Sounds amazingly cheap for uncensorable transactions. ESG people are trying to solve something that is alr
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by mikeblackson 5y ago
I'm quite comfortable but would never advocate slavery for any human being. If anything these prisoners should be paid a minimum wage and funds only released post completion of sentence. A significant % of recidivism is due to being po
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by mikeblackson 5y ago
Both of your statements come from a place of tremendous privilege and the rationalizing of slavery ($0.20-0.50 of income in 2021 is good?) so some of the largest companies in the US and the defense department can manufacture goods with huge
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by mikeblackson 5y ago
We initiated a trade war with China a few years ago. The idea that this move was done "quietly" is a Reuter's joke.
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by mikeblackson 5y ago
African schoolgirls being kidnapped is very different than an apartheid state where the colonizers regularly oppress and murder the indigenous. In May 2021, when that tweet was posted, Palestinian homes were being stolen by what is consider
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by mikeblackson 5y ago
At 27 mph over the speed limit, he should've been taken to jail.
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by mikeblackson 5y ago
Since Israelis and pro-zionists have a bad habit of calling every legitimate criticism and boycott of Israel "antisemitic", I and many others suspect these numbers of incidents are inflated due to willful miscategorization. It see
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by mikeblackson 5y ago
Study anti-fragilty. This article is dead. It took me a long time to argue against it because I assumed you knew what "adaptability" of bitcoin meant in practice. It seems you didn't and will need to do a lot more research be
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by mikeblackson 5y ago
You seem to believe that in the face of an attack Bitcoin will not adapt, that is a fatal error. There are many methods of reaching consensus available in the toolbox and the number is only growing. Proof of work failing does not equal Bitc
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by mikeblackson 5y ago
>People may want to participate in mixing, but then they won’t be able to get their money back in the US. I see the issue here, you think the endgame is for bitcoiners is to own more fiat. That is not the goal, fiat is dead to most bitco
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by mikeblackson 5y ago
They are not winning. The fiat standard is imploding as we speak, have you not recognized that yet? Any attack on a popular network exposes a larger audience to the fraud that central banks engage in. Hence, central banks don't survive
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by mikeblackson 5y ago
Wrong, a 51% attack by itself will not take down Bitcoin. There is follow up work that I don't think they are competent enough to complete.
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by mikeblackson 5y ago
They are competing with Bitcoin whether they like it or not. CBDCs are a result of Bitcoin applying pressure to central banks. As long as the money offered by central banks is censorable and heavily debased, they will be in this battle. And
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by mikeblackson 5y ago
I have seen no evidence that central banks are as agile as you claim. Changing a number on a central database is not impressive and doesn't prove they can execute a much more technical attack on a well defended network. Central banks a
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by mikeblackson 5y ago
That is irrelevant because the main point is, the attack will be unsuccessful. People will pay a premium for a coin/payment network that defeated the Fed and proved its censorship resistance. How long can the fed fight a few hundred mi
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by mikeblackson 5y ago
All these coins are funded by the people that adopt them, funding is not an issue for projects that solve the issues Bitcoin does. These projects exist because there is demand for the solutions they offer, attacking any single network does
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by mikeblackson 5y ago
The network would be forked long before all of that could be setup. Millions of developers around the world working towards a goal generally move faster than governments.
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by mikeblackson 5y ago
Regardless of how much money can be printed, no government has enough resources to attack a perpetually moving and atomizing target. As long as governments debase the currency to carry out this attack, they are also continuously creating mo
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by mikeblackson 5y ago
If fed nodes run a different version of bitcoin that permits censorship, they will not be in control of the forked chain.
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by mikeblackson 5y ago
One more thing that's overlooked, the nodes control the Bitcoin network, not miners. In the face of a 51% attack, consensus would be reached that banning malicious miners is in the interest of the majority of node owners. They would fo
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by mikeblackson 5y ago
This will just fuel the rise of background mixing and decentralized exchanges. Many Bitcoin holders and devs will consider it an honor to make as much of the Bitcoin supply as "dirty" as possible and the community will mostly supp
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by mikeblackson 5y ago
>it is because binance got transferred a whole bunch of tether and also created a whole bunch of its own stablecoin right before that huge spike last night. What you are describing is just people moving money to an exchange and buying wi
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by mikeblackson 5y ago
>Tether had had the cash, until it was stolen from them, and they started lying to pretend that it wasn't stolen. My understanding is funds in a bank account were seized and the account closed. Describing the shortfall that followed
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by mikeblackson 5y ago
>By refusing to take deposits for new Tether, and by shutting down redemptions if necessary while the banking relationship is sorted out. I agree and expect that is the lesson the $18M fine taught them. The key point is, they had a legit
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by mikeblackson 5y ago
>The NYAG showed that Tether was not fully backed. In 2017, when they were busy securing other banking partners due to accounts being shutdown. I consider this a gap due to growing pains, as did the NYAG. How would you shutdown Tether te
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by mikeblackson 5y ago
>There is nothing which proves that Tether actually is backed by anything Also, there is nothing which proves that Tether actually isn't backed by anything. I see a lot of people jumping to conclusions about a topic they are self ad
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by mikeblackson 5y ago
Some people being ignorant about how it works makes it (probably) a scam? That ZH article's ifs, possiblies, and maybes are doing a lot of heavy lifting. Is the Bitcoin price up? Queue the Tether FUD.

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