G3rn0ti

51 ms·

511.
by G3rn0ti 5y ago
> "DeFi" is bullshit leverage products for speculators No. With Compound, Aave and dydx you have DeFi-Dapps that allow you to borrow Dollars (I.e. stable coins pegged to the dollar) and earn interest between 2-15% APR (there ar
512.
by G3rn0ti 5y ago
> Banning their trade won't categorically stop PoW cryptocurrencies. What it should do is completely tank their value and get the world to move on to less destructive coins. This ban needed to be internationally, though. Pretty diff
513.
by G3rn0ti 5y ago
An earn interest, right? So I could lend Coinbase some of my ether for staking and they pay me interest in return. So PoS could give us an interesting investment possibility.
514.
by G3rn0ti 5y ago
> What makes your statement so wrong is that it takes decades for the consequences to show up, if they are measurable at all, in non experimental studies. So, you're telling me the air quality is getting worse despite this trend not
515.
by G3rn0ti 5y ago
Well, I guess the Fed's money needs to go somewhere: https://fred.stlouisfed.org/series/M1SL?fbclid=IwAR3qsddDi_D... Uh oh ...
516.
by G3rn0ti 6y ago
> These statistics are just not passing the smell test. These numbers are derived from estimations, for sure. But they are sophisticated estimations and serve to rank other health risks in life. In rich countries we usually obsesses abou
517.
by G3rn0ti 6y ago
BTW: The only issue I‘ve come across was that the pulseaudio user daemon couldn’t initialize during login (because it started before fscrypt unlocked home dir). There is an easy workaround for Ubuntu 20: https://github.com/
518.
by G3rn0ti 6y ago
I’ve been using fscrypt to encrypt my home directory for over a year now and it seems to work fine: https://wiki.archlinux.org/index.php/Fscrypt
519.
by G3rn0ti 6y ago
Well, most developers hate simplicity and simply love automation. From some point on automation usually becomes a process that's merely shifting complexity from a manual process to maintaining a growing software stack. I'd say for
520.
by G3rn0ti 6y ago
Yeah, Perl’s been there a long time ago. Initially, Perl did not have a native switch/case statement. However, early on Perlers started to obsess about emulated switch constructs and so Perl 5.10 shipped given/when which was supp
521.
by G3rn0ti 6y ago
> The fact an article like this exists speaks to how bad the keyboard shortcuts for tools like tmux are Well, tmux is not an editor but a terminal multiplexer — its keyboard shortcuts are like this as to make sure they don’t interfere wi
522.
by G3rn0ti 6y ago
I wonder if there is any data about the vaccine's safety from UK? Isn't UK vaccinating its whole population using AZ exclusivly?
523.
by G3rn0ti 6y ago
> whereas the 'specification' hasn't been kept up to date with language evolution You mean Rakudo added features not listed in Raku's specification? Which ones?
524.
by G3rn0ti 6y ago
I think Raku is still quite a bit slower. But I am not up-to-date with the latest state. However, this is "just" a matter of optimization of the interpreter over time. It's just that Perl 5's interpreter had a head start
525.
by G3rn0ti 6y ago
Larry Wall designed Perl 6 i.e. Raku and created the original parser. I am not sure if he is still actively working on it. The actual implementations, however, were done by others. So like Lisp or C Raku is actually a specification driven
526.
by G3rn0ti 6y ago
Yeah, Perl 6 created a lot of confusion especially inside the Perl 5 community. But, in the end, they figured it all out: Perl 5 lives on and Perl 6 got out of its way by renaming itself to Raku. And, for the record: Raku itself is a gem of
527.
by G3rn0ti 6y ago
If you’re storing value in a physical bar of gold you‘re speculating on its price not to fall (aka to increase). So do you suggest gold not being a store of value? On the other hand, if you decide to store your savings in the form of Dollar
528.
by G3rn0ti 6y ago
You’re welcome. The article also gives some interesting insights into the mining business. I actually I would love to see some Bitcoin miners to comment about this whole topic more often on HN. I know at least some of them should be lurking
529.
by G3rn0ti 6y ago
For a full picture, however, you would need to count the total number of VISA transactions and compare that to the total number of Bitcoin transactions. I would guess the absolute energy foot print of VISA is still considerably larger. But
530.
by G3rn0ti 6y ago
So another story about Bitcoin‘s energy consumption. Sigh. What we should really be interested in is its actual carbon foot print. You can’t just translate energy usage into CO2 emissions. These are a function of geolocation and energy effi
531.
by G3rn0ti 6y ago
I know, nobody really cares about facts in these Crypto flame wars, any more: It's libertarian economic liberation against greed and ecological destruction, right vs. left, democratic versus republican, the usual polarization these day
532.
by G3rn0ti 6y ago
The article references a fishy source for its claims of the „astonishingly“ high carbon foot print. That web site „cryptoart.wtf“ does not site any source on how it derives its carbon foot print numbers. Probably, they are derived from the
533.
by G3rn0ti 6y ago
BTW: Whatever happened to those fuel cell proposals promising to replace laptop batteries altogether? I remember pictures of laptops running on working prototypes claiming to achieve 10 hours run time on a single "charge" 10 years
534.
by G3rn0ti 6y ago
I‘d love to see it used as a DB backend for a small website. :-D
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Bitcoin’s carbon emissions comparable to those of Kansas City (2019)(sciencedirect.com)
1 points by G3rn0ti 6y ago|0 comments
536.
by G3rn0ti 6y ago
From the article > a financial network that uses more energy than Argentina https://en.wikipedia.org/wiki/List_of_countries_by_electrici... Just for context: Argentina used about 3% of the energy consumed by the US
537.
by G3rn0ti 6y ago
> but at the same time PoW (BTC) will continue to exist and consume at least the same amount of energy as it currently No, I said that BTC is _currently_ more popular for the reasons I describe and _predicted_ it to become a niche crypto
538.
by G3rn0ti 6y ago
> In other words, concentration of wealth in the hands of a tiny group of people. Well, Bitcoin and Defi already serve the poor in countries where they are being denied access to financial services. You also need to distinguish between t
539.
by G3rn0ti 6y ago
> Not surprisingly lots of mining is colocated with hydropower And, hence, miners’ energy use does not correlate to their carbon footprint directly. That’s often overlooked. Furthermore, there is a strong economic incentive for Bitcoin m
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by G3rn0ti 6y ago
Well, Bitcoin was the first of its kind, it’s time and battle tested and technically it might still be the most reliable of all cryptos. Part of the reason for that is “Bitcoin script” not being Turing complete unlike Ethereum’s virtual mac

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