Geee

71 ms·

841.
by Geee 5y ago
This isn't actually true at all. Climate problems are caused by competition between governments and their pursue for growth, which forces everyone to consume and produce more than is necessary. Under the current economic system, natura
842.
Ethereum Miner Returns $22M Gas Fee to Bitfinex’s Wallet(decrypt.co)
2 points by Geee 5y ago|0 comments
843.
by Geee 5y ago
There are quite many. https://coinatmradar.com
844.
by Geee 5y ago
I'm starting to believe in the conspiracy theory that conspiracy theories are created by a conspiracy to make rational talking points easier to attack and silence. Rational dissidents can be easily silenced if they are connected to the
845.
by Geee 5y ago
Where is the game?
846.
by Geee 5y ago
You negotiate with the recipient of the transaction to return the money.
847.
by Geee 5y ago
Mempool or "memory pool". It contains pending transactions that have been publicly broadcasted and are waiting to be mined into the blockchain.
848.
by Geee 5y ago
The transaction is sent directly to the miner without going through mempool, or the miner itself makes the transaction.
849.
by Geee 5y ago
When the system is registered as a level 2 system, even if it's fully autonomous, human driver is responsible.
850.
by Geee 5y ago
Why don't we replace email with something more secure already.
851.
by Geee 5y ago
It happens, but it isn't "the domain" like he meant. There are hundreds of millions Bitcoin users already, and the vast majority of them are not criminals. According to Chainalysis, only 0.34% of total transaction value was c
852.
by Geee 5y ago
This is a great video on Lightning Network: https://www.youtube.com/watch?v=yKdK-7AtAMQ
853.
by Geee 5y ago
That's not even remotely true.
854.
by Geee 5y ago
Bitcoin has nothing to do with all these scams like NFTs and "internet computers" like Ethereum, which are pushed by tech gurus, influencers and marketers. It's time to stop conflating these under the same umbrella. Bitcoiner
855.
by Geee 5y ago
I think most of that talk was just speculation coming from the Bitcoin Cash camp. It's open and permissionless network so it's always possible to route around bad actors, for example if someone tries to censor transactions. Transa
856.
by Geee 5y ago
There was recently a paper published on Inherited IDs, which proposes changes that would not only solve the on-chain scaling problem, but also eliminate the need for watchtowers: https://github.com/JohnLaw2/btc-iids&#x
857.
by Geee 5y ago
Lightning Network is not a side chain. It's basically a way to interactively update transactions between nodes before they're broadcasted and settled on blockchain. It forms a network where payments are routed through nodes withou
858.
by Geee 5y ago
The metric of energy per transaction doesn't actually make sense, because there can be almost unlimited number of layer 2 transactions, whether they're on Lightning Network[0] or something else. Most Bitcoin transactions happen al
859.
by Geee 5y ago
We know that in a free market, people tend to choose money that has certain properties. Historically, gold has been the best form of money, and it has been chosen by a free market, not by legislation. The most important property of Bitcoin
860.
by Geee 5y ago
I don't know. These policies either increase or decrease economic activity. If economy is accelerated too much it tends to create bubbles and then a big crash. Most people think that we're in a huge bubble right now. No one knows
861.
by Geee 5y ago
Economies wouldn't collapse because people can switch to bitcoin. In free markets, people always try to switch to a stronger currency, when their own currency loses value. Bitcoin is volatile, but it's still better than a currency
862.
by Geee 5y ago
Ok, so you're a communist. Good luck trying to decrease poverty with communism.
863.
by Geee 5y ago
Good money is a prerequisite for a functioning economy. The majority of world's countries don't have access to good money, and that's why Bitcoin is really important. It really does provide water, shelter and food to these pe
864.
by Geee 5y ago
What do you want to learn? Modern economics is mostly a guessing game of what actions governments and central banks implement. Will they print money and how much, will they bail out the banks or let them fall, will they lower or raise the i
865.
by Geee 5y ago
Mining produces blocks, and miners are rewarded with bitcoin, which have a certain positive value because people want to buy them. The operation generates more value than it consumes, and therefore it is economical.
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by Geee 5y ago
The heat is waste. The problem is how to make profit from it to finance the project, not to make moral judgements about the use of electricity. You could build energy-intensive data centers too, if that makes you feel better.
867.
by Geee 5y ago
Bitcoin mining has been suggested as the solution for incentivizing the effort without massive government subsidies. It might be economically impossible to fund the effort if there is not enough electricity demand in the local area, resulti
868.
by Geee 5y ago
"In the 1st quarter, we registered one accident for every 4.19 million miles driven in which drivers had Autopilot engaged. For those driving without Autopilot but with our active safety features, we registered one accident for every 2
869.
by Geee 5y ago
FSD Beta has never killed anyone. Maybe you're confusing it with Autopilot, which is different software, but also has saved much more people than killed. I'm not saying that safety couldn't be improved, for example by disenga
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by Geee 5y ago
It is safe, because there's a driver who is ready to correct any mistakes. There isn't a single case where FSD Beta actually hits something or causes an accident. So, based on actual data, the current testing procedure seems to be

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