nodoll

6 ms·

1.
by nodoll 1y ago
On one hand, your idea has merit. But it is not without subtle risks. These could be mitigates by doing proper mitigation measures. But again, you cannot be sure how this will work out. May be the rich have some assets that they can sell o
2.
by nodoll 1y ago
No, the new coin will be exactly as valuable as Bitcoin, ensured by the community consensus. That is the whole point.
3.
by nodoll 1y ago
None required. Once the vulnerability is known, everyone will be incentivized to migrate to the new coin.
4.
by nodoll 1y ago
>They are keeping it to themselves... So how would this graph look if it did trickle down? Just curious..
5.
by nodoll 1y ago
> no incentive to trickle anything down... Of course you are not hoping they will do out of their good of their hearts. They would naturally want to enrich themselves, and one way to do that is launch new business and employ people, whic
6.
by nodoll 1y ago
Is there some fundamental flaw with that idea, or are you rejecting it on the basis of some "reports" of the idea not having worked before?
7.
by nodoll 1y ago
That article has a chart which shows some price fluctuations and follows that gold standard did not prevent it. But that would require the price fluctuations are only caused by changes in money supply. Which I have a hard time agreeing with
8.
by nodoll 1y ago
When I said "Work" I didn't mean POW puzzle solving. But solving PoW puzzle to mine bitcoin is also useful work in the sense that it adds one coin to the economy, which is why miners are rewarded for it.
9.
by nodoll 1y ago
> where __value__ comes from and how/where it is stored Value comes from people and the work they do. A currency, or a system of money, or let us speak plainly, a system of economy tracks the value provided by a person to the commun
10.
by nodoll 1y ago
I think the community will replace it with a better algorithm and existing coins will be swapped for the new coin. Transactions might be required to be frozen for a while though..
11.
by nodoll 1y ago
>What distinguishes Bitcoin from Titcoin, another kind of cryptocurrency which also is with a 'capped supply'? The presence of a growing community that are willing to accept it for good and services. > why the gold-standard
12.
by nodoll 1y ago
That is not an illusion. Bitcoin supply is capped. If you actually share what you mean by illusion, I can try to address it.
13.
by nodoll 1y ago
>With a 2.5 trillion dollar tax cut... So the idea is that this will be reinvested, leading to more productivity and job, which is a more sustainable way of getting rid of debt. If you tax the rich, chances are that their business will c
14.
by nodoll 1y ago
The idea described in the post makes sense to me. Bitcoin is idealized gold. Today gold have some advantage over bitcoin in that it has some intrinsic value. But if someone finds a way to covert iron into gold, your reserve will disappear o
15.
by nodoll 1y ago
>The military "altruistic" peacekeeping is a major benefit Sure, but I think they are waking up to the fact that they cannot afford it, at least for now. >much harder stand in future negotiations. Well, from what Trump is sa
16.
by nodoll 1y ago
a currency is backed by value generated by the people and the natural resources of a country.
17.
by nodoll 1y ago
>the exact thing the spending is meant to boost. Sure, but that is 800bn that could have been spent on more meaningful things. People would be more happy to redeem that by their work..
18.
by nodoll 1y ago
> and they wanted to extort even more money and dependence from EU Trump wants countries to lower tariffs and not steal US jobs. So he hits them with reciprocal tariffs and dis-incentives for making stuff out of US. Trump does not want o
19.
by nodoll 1y ago
>Government deficit. And where does that come from? Obviously, it should come from the people of the country or its natural resources. But we don't like to say that, do we?
20.
by nodoll 1y ago
> In the early days for me, it contributed a lot to my journey as a newly minted developer. Yea, it is like a catapult. You need to let go of it at some point to keep moving forward, or it is going to pull you back or at least stop you f
21.
by nodoll 2y ago
>What we need is a government sponsored regulated social media.. There is no need for social media, a ten thousand idiots does not make one smart man.
22.
by nodoll 2y ago
Even if that is true, that only make him look better. He made a mistake and is now correcting it. Not sure why it is a bad thing.
23.
by nodoll 2y ago
https://news.ycombinator.com/item?id=43398744
24.
by nodoll 2y ago
So I searched for "NAFTA USMCA difference" and there are a lot of articles that describe the differences. I agree that Trump sometimes exaggerate stuff, but that does not mean that there is nothing is there. I think It is very dis
25.
by nodoll 2y ago
Show what things?
26.
by nodoll 2y ago
Not sure if you are the same person. But anyway, I cannot read your mind. Please explain your justifications for the claim or please share an article that does it.
27.
by nodoll 2y ago
>Seems to be the most likely procedure with the current administration. For example? Also please show that the major current on-going efforts, like ongoing negotiations, measures in the border etc, were worked upon as intensive as it is
28.
by nodoll 2y ago
>The old battery is charged slowly, cheaply and safely.. May be you can be sure of that. But can you be sure of the new battery that you just got, will discharge safely..?
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by nodoll 2y ago
>MAGA I haven't seen anything that would tell me that these are very smart people. But what it tells me is that they are just NOT very very dumb.
30.
by nodoll 2y ago
So I think the title of this post is a bit off. The article is not saying "Normal" engineers are better than 10x. But your organization should not be depending on the 10x to operate, and it should work well with "normal"

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