ajkdhcb2

13 ms·

91.
by ajkdhcb2 5y ago
I am struggling the follow the argument through the comment chain. Energy is used to secure the chain via mining; a secure network is required to be a payment system, but the energy usage is not from processing transactions. Originally the
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by ajkdhcb2 5y ago
What does the banking industry produce?
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by ajkdhcb2 5y ago
>First of all, with current parameters that would mean that you need a good few hundred years to process a few seconds of world-wide transactions. Completely wrong. Go run a testnet yourself and you will see. >And if the parameters we
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by ajkdhcb2 5y ago
I've also spent an unholy amount of time on youtube but never installed the app. Why watch videos on my phone...
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by ajkdhcb2 5y ago
It may be like the recent hacking bill. They talked about it months earlier and 'shelved' it. They let you forgot about it then ram it through parliament in one day. Most people may not even know when it happens
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by ajkdhcb2 5y ago
Some people will use it just because it's the default. Apple is paid because of that. So Apple is selling user data, i.e. violating privacy for money
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by ajkdhcb2 5y ago
It is indeed opening doors for international cooperation: >"I think we've started to fill a void, a niche for the Americans to get around a few legal hurdles domestically" https://www.abc.net.au/news/2
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by ajkdhcb2 5y ago
I find it disturbing how little information there is, and that the vaccines are being pushed incredibly strongly despite this. It seems to me that the science is not sufficiently explored. >The data from this study could not have come ou
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by ajkdhcb2 5y ago
I logged in to write the same. I have never installed Discord because its privacy policies are scary
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by ajkdhcb2 5y ago
I tried to pay BTC for a very small electronics purchase recently and the payment processor BitPay literally demanded passport information
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by ajkdhcb2 5y ago
If there has been enough study to be confident enough to strongly coerce most of the population to get the vaccines, how is it possible that results like this are still coming out and surprising people / creating contention? There are
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by ajkdhcb2 5y ago
There is no doubt that society is in a state of hysteria. This reaches through the scientific process too, so there is reason to question everything
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by ajkdhcb2 5y ago
It is easier now afaik. Localbitcoins itself is essentially deprecated but there are always alternatives, and a lot more people now than there were in 2013 and so
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by ajkdhcb2 5y ago
Info only needs to be involved once. It's a big ask to obtain and dispose of the coins while maintaining anonymity at every step. Buy one item an online store to your IRL address and then it might propagate through all your wallets. It
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by ajkdhcb2 5y ago
The title is simply incorrect and clickbait, so it should be changed. I think that is a quite relevant point
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by ajkdhcb2 5y ago
It can almost always be easily traced to a particular person. if you're using it, you probably bought it from somewhere and spent it somewhere. Mixers/coinjoins can launder it but it is risk-prone and time-consuming, and a redflag
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by ajkdhcb2 5y ago
Generally true, although there is the exception of Monero
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by ajkdhcb2 5y ago
It seems the vaccine does little to prevent vaccinated people from spreading the virus. So what is the point of vaccine passports, is that based on outdated data? Preventing serious injury seems unrelated to this question; it seems the unva
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by ajkdhcb2 5y ago
I wouldnt be able to write anything if I worried too much about regretting what I wrote, so I agree
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by ajkdhcb2 5y ago
You're right, I forgot about the first paragraph by the end, my bad. Still this is shared and people are reading it, so it is colouring people's view in a disappointing way. Communications have an impact on the world and people sh
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by ajkdhcb2 5y ago
Pretty low quality article that doesn't consider such things, or the concept of fungibility and private protocols compared to mixing, or the history of how money was always expected to be fungible so this modern culture is unusual, etc
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by ajkdhcb2 5y ago
I don't understand how you can look at the mafia, cartels, China and Russia then say that. No matter what you do, there is NO recourse or transparency AT ALL for those corrupt people in power. The little guy is completely powerless. Ca
113.
by ajkdhcb2 5y ago
I was replying to "Why would I use a unit of cryptocurrency to pay my rent today, if I think the real value of the cryptocurrency unit will buy even more rent next month?". To be honest I don't understand what you're say
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by ajkdhcb2 5y ago
The world isn't only USA. And even those percentages add up to be significant over time. I have known people directly that hold all their savings in cash for decades because they dont understand how to invest. It is catastrophic when y
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by ajkdhcb2 5y ago
It's already like that, and it always has been. The most powerful people have immense power because they are inside governments or have corrupted them. At a level below that, they have funds in hidden offshore shell accounts, accounts
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by ajkdhcb2 5y ago
The issue is that people are forced to hold cash, and this disproportionately impacts the low class that are not financially educated and do not own or understand stocks, bonds, real estate. Inflationary currency is a class warfare attack o
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by ajkdhcb2 5y ago
This is a completely invalid argument. You have no choice but to pay rent. If there is an asset that goes up in value, you will want to store your wealth in it. if you can directly pay with something that is also a good store of value, then
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by ajkdhcb2 5y ago
>The question is how you peg something to the USD without a centralized party that can lock your funds. It is impossible, it has nothing to do with "gamblers". Speculators are actually what keeps the price more stable by provid
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by ajkdhcb2 5y ago
No matter how much you hate cryptocurrencies, I don't know how you can't think about CBDC and realise there is a need for Monero. Cash can be even more restricted and phased out, so people will need anonymous digital transactions.
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by ajkdhcb2 5y ago
>Best not to let strangers know your worth Bitcoin has no privacy by default, so that's not going to work unless people never transact

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