qertoip

6 ms·

1.
by qertoip 5y ago
Ethereum is easy to change (hard forks often) and so cannot be expected to preserve any key characteristics like emission curve or even the permissionless nature. In fact, Ethereum's monetary policy did change in the past.
2.
by qertoip 5y ago
Incorrect, Ethereum is still using PoW.
3.
by qertoip 5y ago
I don't give a shit about Wired categorization. MobileCoin is a company. It has a fucking CEO. Cryptocurrency is by definition decentralized.
4.
by qertoip 5y ago
MobileCoin is not a cryptocurrency.
5.
by qertoip 5y ago
How about helping competition to beat FAANG network effects by deregulating everything? Increasingly, "more regulation" seems to be the go-to solution for any and all societal problems. There seem to be no free market capitalist
6.
You will randomly lose access to your DigitalOcean account(qertoip.medium.com)
3 points by qertoip 5y ago|0 comments
7.
by qertoip 5y ago
Good.
8.
by qertoip 6y ago
You seem to have a very US centric view. There are other 7.5 billion people in the World.
9.
by qertoip 6y ago
"Temporarily" like a f**cking YEAR. Some business owners committed suicide over this, so I guess its safe to say permanent for them at least.
10.
by qertoip 6y ago
"Temporary"? It's been A YEAR and tens of thousands of businesses and families going bankrupt. And there is no end in sight to this.
11.
by qertoip 6y ago
Poland.
12.
by qertoip 6y ago
Please help me understand. Say Monica runs a clothing shop and sells clothes (including face masks and sun glasses) to people she suspects are drug dealers. And we are not talking a single pair of sun glasses - she is running the clothing s
13.
by qertoip 6y ago
> That will deter 99% of the potential users from ever trying it out. Nah, we had this kind of ban on western fiat currencies in communist Poland. And guess what, illegal p2p trading of USD worked just fine.
14.
by qertoip 6y ago
This will get you nowhere. Already, Monero successfully employs general CPU-s for its PoW. Bitcoin could switch to another PoW algorithm if critically necessary. Decentralized cryptocurrencies are beautiful hydras.
15.
by qertoip 6y ago
> Just a small group of hyper enthusiasts You are mistaken, Sir. We are legion.
16.
by qertoip 6y ago
Ban people from saying this!! :D
17.
by qertoip 6y ago
You are right in the short term. Most governments will fiercely fight Bitcoin and all true cryptocurrencies. In the long term though, it is inevitable, like all technological progress in the World. You can only contain it for so long.
18.
by qertoip 6y ago
I say ban everything, the sooner the better.
19.
by qertoip 6y ago
You are absolutely right but it gets even worse. The KYC bullshit is on the brink to spill over to non financial services, like messaging apps, hosting, email, and what not.
20.
by qertoip 6y ago
Agree, we did similar with Elixir/Phoenix in my past company. Obviously, the services will still be necessary where Elixir simply isn't the right tool for the job like machine learning or cryptocurrency.
21.
by qertoip 6y ago
Cardano is still being ran by the company/foundation behind it. It is yet to transition to actual PoS.
22.
by qertoip 6y ago
So far Bitcoin mining is getting increasingly decentralized in practice - from China to Iran to US to Venezuela.
23.
by qertoip 6y ago
* THE HARDEST TO CHANGE
24.
by qertoip 6y ago
No, they are not better, because they are easy to change , and so it is easy to change monetary policy "for better", or make the coin "more compliant". Bitcoin value is that it is extremely hard to change , especially
25.
by qertoip 6y ago
XMR is great but no, it does not have Bitcoin core devs developing for it. And no, nullc did not implement bulletproofs for Monero. Maybe you meant nullc designed confidential transactions. A modified variant of CT was then implemented inde
26.
by qertoip 6y ago
Because PoS effectively means a handful of exchanges run the coin. This is far worse than a handful of mining pools, because pools depend on many more individual hash power providers.
27.
by qertoip 6y ago
No, if Bitcoin was PoS, Mt Gox would bail themselves out and govern Bitcoin to this day. Early on, Mt Gox was responsible for over 80% of all economic activity on the Bitcoin network, and was by far the dominant holder of coins.
28.
by qertoip 6y ago
GoatCounter is great.
29.
by qertoip 6y ago
Regulate the shit out of everything, because why not?
30.
by qertoip 6y ago
I left Plausible for GoatCounter. It is better designed privacy-wise and much easier to self host (a single statically build binary, no dependencies): https://goatcounter.com/

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