CryptoPunk

21 ms·

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by CryptoPunk 4y ago
USDC is very credible. It receives regular attestations from Grant Thornton: https://www.centre.io/usdc-transparency And Polygon is an Ethereum sidechain, so it charges very low fees. So given these objections are without m
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by CryptoPunk 4y ago
>>No, this is extremely wrong. I would encourage you to look into the rather large graveyard of cryptocurrencies that collapsed and are now worthless. None of those are major cryptocurrencies, and the blockchains of many of those whic
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by CryptoPunk 4y ago
Digicash was centralized and thus could shut down, and it did shut down. Major blockchains are effectively immortal, with open-access rules that have enormous momentum to remain unchanged. This allows larger numbers of disparate parties to
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by CryptoPunk 4y ago
It's widely understood that switching to EV is part of a larger package of policies that can get society to zero carbon but it is nonetheless an absolutely necessary part of any zero carbon future. Tesla's role in pushing that for
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by CryptoPunk 4y ago
None of what you describe is wearing masks constantly. This would be mask-wearing in all social situations, for years, for every one, including children. And none of these tell us the population-wide effects of switching to mask-wearing, ev
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by CryptoPunk 4y ago
I have seen no numbers to support the claim that mass installation and employment of charging stations will have an extraordinary impact on electricity usage, beyond the normal annual increases that the grid has been able to facilitate. As
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by CryptoPunk 4y ago
It's a very significant part of combating climate change, without which there is no hope of achieving zero carbon, and no company has done more to make that happen than Tesla. One can praise Tesla while still acknowledging that it sho
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by CryptoPunk 4y ago
I have no reason to assume Tesla encouraged more people to become car owners. That would be quite the expensive status symbol for a non-car owner to take up. And those who own a gasoline-powered car buying a Tesla as a second vehicle would
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by CryptoPunk 4y ago
Extremely safe assumptions given the investments being made by Tesla, not to mention other carmakers. The electric grid responding to the burden is almost certain as well, given the history of the grid handling decades of rising year-over-y
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by CryptoPunk 4y ago
Replacing gasoline-powered cars with electric ones helping combat climate change is "highly debatable"?
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by CryptoPunk 4y ago
Tesla has replaced two million gasoline cars with electric cars, and given its current growth rate, this number will likely be massively larger in a few years. Musk has since long ago pursued a publically disclosed plan for Tesla, for the c
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by CryptoPunk 4y ago
>>I suspect universal N95 masks might be enough. We have no idea the damage that constant mask-wearing could do. This would be a very dangerous experiment, that interferes with basic the human functionality that we are adapted to. ht
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by CryptoPunk 4y ago
As opposed to indefinite periodic lockdowns, the period of severe damage of non-zero COVID is finite. Population-wide immunity increases with every wave, until there is some steady state like seen with influenza, where the threat is limited
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by CryptoPunk 4y ago
>>as the the arguments for libertarian views is not going to persuade anyone but the choir Once again, you miss my point, that you yourself have subscribed to this line of argument, where you argue one must accept the greater applicat
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by CryptoPunk 4y ago
While MMT holds that taxes can reduce the money supply, it does deny that taxes raise money for the state.
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by CryptoPunk 4y ago
By agents, I was also including economic agents, that raise hard currency for the government outside of the country. A discriminating approach would aid NK refugees, while blocking the actions of agents of the NKean state. That could blunt
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by CryptoPunk 4y ago
Financially disempowered people are much more susceptible to organized crime, like the kind that control human trafficking and smuggling networks.
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by CryptoPunk 4y ago
Massively increase counter-espionage budgets, to shadow NK agents outside of the country, and counter their malign activity. It may be costly, but the cost of creating a global surveillance state, with AML checks encumbering billions of int
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by CryptoPunk 4y ago
No. I have no idea if North Korean society has the necessary conditions, like globally integrated internet communities of appreciable size, where cryptocurrency can effect change. I'm saying that censorship resistant finance reduces th
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by CryptoPunk 4y ago
>>no, those are poor economic prescriptions that further entrench wealth in fewer hands to the detriment of the economy as a whole. These are proven economic prescriptions that expedite the removal of costly encumberences to increasin
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by CryptoPunk 4y ago
If a state like North Korea, that brutally represses its population, is able to use a censorship resistant technology to escape US sanctions, the US should not respond by instituting highly repressive laws to contain that censorship resista
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by CryptoPunk 4y ago
Cryptocurrency is the largest bug bounty in the world, by a huge margin.
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by CryptoPunk 4y ago
Gold is not actually inherently scarce. Refined gold is scarce because it is costly to find, mine and refine it. So I do think those who do go through the process to acquire gold are morally deserving of ownership over it. Moveover, this ow
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by CryptoPunk 4y ago
>>no, investment may move, but it doesn't simply vanish. wealth managers would be fired for holding investible funds in cash (which is what withholding investment means--that's the opportunity cost mentioned earlier). The pe
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by CryptoPunk 4y ago
Cryptocurrency is not purely narrative driven. Bitcoin is, now. It wasn't up until 2017, when its daily transaction count was more than doubling year over year for 8 years: https://www.researchgate.net/figure/The-n
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by CryptoPunk 4y ago
Is human trafficking strictly slavery/coercive, or does it lump in all smuggling of sex workers, irrespective of the presence of consent/willingness?
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by CryptoPunk 4y ago
On the basis that the cryptography remaining unbroken and the protocol-genetated incentives creating a validator set too large to coopt are more reliable trust assumptions than the trusted third party controlling a traditional dark pool be
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by CryptoPunk 4y ago
>>Health insurance and seatbelts are comparable concepts, that is what the seat belt comment was about. A mandate to have health insurance is orders of magnitude more impactful on the unwilling than a mandate to wear a seatbelt. But b
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by CryptoPunk 4y ago
>>It isn't. Government has no need of it. Taxes are essentially shredded and deleted. That is not what happens to tax revenue. I recommend you look at a government budget, and see the source of much of the money spent. >>If
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by CryptoPunk 4y ago
>>Gold is a finite resource, like any other natural resource. For practical purposes, gold is not finite for the time being. We can keep mining it to expand supply for a long time to come. Maybe for some elements, it would make sense

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