CryptoPunk

408 ms·

3151.
by CryptoPunk 9y ago
>From a socialist's pov putting a profitable industry in the domain of _everyone_ and sharing the profits is freeing capital from the few and providing an (more)equal share to all. It's not capitalism but that does not mean it
3152.
by CryptoPunk 9y ago
These aren't controlled experiments so how could they possibly rule out selection bias affecting the coffee drinking cohort? Maybe healthier people can handle high coffee consumption better for example, and maybe they are more likely t
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by CryptoPunk 9y ago
While I agree that it's critically important to not get on the slippery slope of laws that restrict internet freedom, I think a decentralized internet infrastructure would make censorship significantly more difficult for governments to
3154.
by CryptoPunk 9y ago
When I say anti-economic, I mean anti-economic-development, as in the ideas of Marxism being incongruent with the truths of social and market reality, and thus highly disruptive to an environment where society can organise itself to meet pe
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by CryptoPunk 9y ago
I can blame the anti-economic demagogic ideology of Marxism for producing an unworkable economic system.
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by CryptoPunk 9y ago
Every government that followed Karl Marx and succeeded ended up killing scores of innocent people, including the Anarchists in Catalonia
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by CryptoPunk 9y ago
A good elucidation of cypherpunk philosophy: https://medium.com/@VitalikButerin/a-proof-of-stake-design-p...
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by CryptoPunk 9y ago
I find the social-anarchist take on freedom to be more skewed by ideology, while I see Smith's take to be more natural and conventional. Of course the social anarchist would disagree that they're any more ideological than the clas
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by CryptoPunk 9y ago
It should be noted that Smith's warning about the potential for merchants to collude is not an endorsement of government intervention to prevent such collusion. The collusion warning is followed by: >It is impossible indeed to preve
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by CryptoPunk 9y ago
And if you want to create your own token: https://tokenfactory.surge.sh/#/factory Note: it needs the MetaMask extension.
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by CryptoPunk 9y ago
HackerNews gets an unrepresentative picture of the token market. The only stories that get to the frontpage are the ones concerning hacks. But that's not the whole picture. There are a huge number of token sales happening, and the vast
3162.
by CryptoPunk 9y ago
Proof of Stake was part of the original plan for Ethereum. Everyone knew going in that it would transition to it. The entire development team, not just Vitalik, has agreed to use ice ages to encourage the entire community to hard fork, to p
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by CryptoPunk 9y ago
Agreeing to use social consensus to enforce the protocol doesn't give a green light to using it to change the protocol. As the DAO and the BCH hard fork showed, having an objective proof of work consensus protocol doesn't protect
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by CryptoPunk 9y ago
Social consensus's suitability depends on the use-case. For example, social consensus is used to determine 'what is Bitcoin', and works pretty well for that use (the BCH hard fork notwithstanding). For determining the state o
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by CryptoPunk 9y ago
The assumption is that social consensus works but is slow, so can be effective for determining which coins were deposited for staking three months in the past, since the social consensus process would have had three months to arrive at that
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by CryptoPunk 9y ago
Ironically, there are far more bank tellers now than before ATMs were introduced: http://www.aei.org/publication/what-atms-bank-tellers-rise-r... But of course, some occupations will be obsoleted by automation. The fli
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by CryptoPunk 9y ago
A subreddit has also been created for publishing OTC offers: https://www.reddit.com/r/tokentrade/
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0x – A Protocol for Trading Tokens(0xproject.com)
93 points by CryptoPunk 9y ago|28 comments
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by CryptoPunk 9y ago
I believe it's far more than 56%. The data they're looking at appears to come from here: https://tokenmarket.net/blockchain/ But some of the projects listed as being on the 'blockchain' (the categor
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by CryptoPunk 9y ago
Bitcoin's script is not turing-complete so there are smart contracts that are definitely not possible to do with it.
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by CryptoPunk 9y ago
Hyperledger is not designed to be a public ledger. It's comparable to private instances of Ethereum.
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by CryptoPunk 9y ago
Lower consumer prices == more consumer spending on new product classes which creates new jobs and/or fewer labour hours needed per person to meet a standard of living they consider sufficient. Automation is never a bad thing from a mac
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by CryptoPunk 9y ago
I'm also skeptical of the account. A 20,000 man army times 400 people would mean 8,000,000 people, which is obviously impossible.
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by CryptoPunk 9y ago
How does that make it okay? Anyway, this was different. Merv had surrendered. FDR was bombing cities that were still participating in a war against the Allies. Another factor that makes these incomparable is that the Mongol army killed all
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by CryptoPunk 9y ago
The level of destruction of people and centres of culture puts any praise of him beyond the pale. His army destroyed what was perhaps the most important city in Western Asia: https://en.wikipedia.org/wiki/Merv