Quindecillion

11 ms·

61.
by Quindecillion 4y ago
What do you think "realised" and "unrealised" mean?
62.
by Quindecillion 4y ago
I imagine the costs to build out the transmission infrastructure is too great, and simply mining Bitcoin with that "stranded" energy is much easier.
63.
by Quindecillion 4y ago
Obviously take this with a grain of salt given the author, but here's another perspective too. https://bitcoinmagazine.com/print/stop-drinking-the-elites-k...
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by Quindecillion 4y ago
> Can you give me any concrete examples of IMF reforms making a country worse off economically? Alex Gladstein (Chief Strategist at Human Rights Foundation) has written and spoken about this and provides examples. https://www.
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by Quindecillion 4y ago
Because learning how to do it in the inhospitable environment of Mars will teach us lots about how to do it better on Earth. > We choose to go to the Moon... We choose to go to the Moon in this decade and do the other things, not because
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by Quindecillion 4y ago
Where is the line drawn between "exoskeleton" and "vehicle"?
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by Quindecillion 4y ago
There's the nostr protocol that could be a good censorship resistant decentralised alternative [1] Jack Dorsey (ex-Twitter CEO) is also working on a protocol with similar properties [2] Neither can really replace Twitter right now, but
68.
by Quindecillion 4y ago
Yes, and it has already been done. https://coinmarketcap.com/currencies/bitcoinpos/ Bitcoin is open-source software. Anyone can fork the code and change it however they want. Just need to convince others to run a
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by Quindecillion 4y ago
It's a trade off. Think of the difference between paying the deposit on a house vs. buying a coffee. Need a large transaction to settle with a high degree of security and finality, but "slowly" (i.e. ~10 minutes)? Do it on-ch
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by Quindecillion 4y ago
> I'm not sure where you are getting "Pyramid scheme" Really? Just google "bitcoin pyramid scheme" It's a very common criticism.
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by Quindecillion 4y ago
Yes, and just because early adopters are disproportionately rewarded to laggards doesn't make it a "pyramid scheme" either. If it was that would mean all stock investments are "pyramid schemes" too. Did early invest
72.
by Quindecillion 4y ago
I've seen similar arguments like this before, which of course have their own set of counter-points from the other side of the debate. Both sides are unverifiable because they're trying to predict the behaviour of complex interacti
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by Quindecillion 4y ago
It's not my job to chase up every tiny detail for you. You have to be curious enough to look into it and verify for yourself. I've given you enough information to research it for yourself. You've shown zero good faith curiosi
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Comments on the White House report on the climate implications of crypto mining(medium.com)
4 points by Quindecillion 4y ago|0 comments
75.
by Quindecillion 4y ago
There's a really good book called Burn Math Class which highlights this fact very well, and actually helps with the learning process, making advanced math less intimidating.
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by Quindecillion 4y ago
> "Bitcoin is solving the issue of brning gas flares by buying that gas and burning it ... thereby reducing emissions" You realise methane is a worse GHG than CO2, right? You realise flaring is incredibly inefficient with most
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by Quindecillion 4y ago
Point is the energy will still be spent and the carbon emitted if the grid is still primarily runs on fossil fuels. Energy use isn't the problem. Carbon emissions are. Green the grid, don't try to police people's energy use.
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by Quindecillion 4y ago
Let's talk about this in 10 years when it becomes plainly obvious that that is exactly what it's going to do. In the meantime you could actually do some research on it and discover that you might not have a clue what you're t
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by Quindecillion 4y ago
Great, now all that energy can be "wasted" rendering pixels with GPUs instead. This was always going to happen. Eth was never going to realistically compete with Bitcoin for energy. Now Bitcoin is the only PoW network remaining, a
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by Quindecillion 4y ago
"Do or do not. There is no try."
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by Quindecillion 4y ago
If Bitcoin miners are paying for or producing the electricity themselves, what's the problem? But that's not really the point though is it? Electricity use is not the problem. Carbon emissions are. If renewables are competitive wi
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by Quindecillion 4y ago
Bitcoin delivers on those promises and is working now. All other cryptos are some variation of those scams you mentioned. It's worth taking the time to understand why Bitcoin is different.
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by Quindecillion 4y ago
One of my dreams is to own an airship like this that acts as a second home, or an extension to a land-bound home. I wonder how feasible that would be...
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by Quindecillion 4y ago
> Cynically, this will never happen because reforms to battle educational issues in any democratic society usually takes more than 5 election cycles to show obvious results (and when the bad results start stacking up current leaders will
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by Quindecillion 4y ago
It's worth whatever people are willing to pay for it. Simple as that. Bureaucrats like Lagarde, or anyone for that matter, don't get to declare from their perch what does and doesn't have worth to others. Her statements are..
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by Quindecillion 4y ago
There's also a lot of work happening in the gaming space for economies and rewards in virtual worlds. Zebedee is one, but there are others. Bitcoin with Lightning finally makes micro/nano-payments practical and it's going to
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by Quindecillion 4y ago
I was thinking the same thing... Just need your location and the time (quarter/season, month, day, hour, minute) and you'll know where the sun is in relation to the location given.
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by Quindecillion 4y ago
I was disappointed to discover this isn't a search engine to FIND vintage computers.
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by Quindecillion 4y ago
I can store the majority of my wealth in Bitcoin over the long term and know that my share of the total supply won't be significantly diluted, because it's disinflationary with a max supply hard cap. This is not possible with fiat
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by Quindecillion 4y ago
It's unfortunate that Bitcoin has become so mired in partisan politics. For me its purpose is simple. If my money is a representation of my time and effort, why should I accept the central banks' inflation "target" of ev

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