atweiden

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91.
by atweiden 5y ago
In the early 20th century, “multiculturalism” meant northern, southern and eastern white Europeans living together. In the documentary Australia in Colour, vintage TV advertisements portray immigrant ships containing northern and eastern wh
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by atweiden 5y ago
Running a proof-of-work mining business isn’t risk-free: being wealthy alone is no guarantee of success. Conversely, with button clicking for autoyield, success is all but guaranteed. There’s really no comparison. Running a business with hi
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by atweiden 5y ago
Unfortunately, there’s really no way for anyone to ever accuse any cryptocurrency of being superfluous without its investors feeling personally attacked on some level. This frequently causes them to lash out. Also unfortunate is the fact ma
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by atweiden 5y ago
Ninja mining, cripple mining, and instamining are variants of post-launch infidelity. N.B. explicit, out-in-the-open premining can be considerably less of a faux pas, assuming it isn’t obscene.
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by atweiden 5y ago
Premine means coins were distributed prior to a public mining phase. If public mining was available, and no coins were distributed prior to that, the coin wasn’t premined. Despite the definition of “premine” being extremely clear cut and
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by atweiden 5y ago
Nothing against staking, but you and many other posters ITT are creating a blatant false equivalence between button-clicking and datacenter-construction. It’s not beyond the pale quite yet — we’ve all seen far worse from cryptocurrency prom
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by atweiden 5y ago
Are you implying you can’t get liquidity from staked coins? This can be worked around by posting your stake as collateral.
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by atweiden 5y ago
What commercial activity doesn’t “favor the well-funded”? That’s a rather moot point, wouldn’t you say? Staking coins just means clicking a button and receiving a financial yield proportionate to your initial investment. Simply showing up
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by atweiden 5y ago
“Premine”: previous to public mining , coins were distributed. Satoshi absolutely didn’t premine Bitcoin.
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by atweiden 5y ago
If transactional demand were the only useful adoption metric for money, where would that leave gold? The most important factor in a particular asset’s “adoption” as currency is its propensity to act as the unit of account for international
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by atweiden 5y ago
The ideal proof of work algorithm should serve no other useful purpose besides enabling disparate actors to provably sacrifice resources foreign-to-the-system. Anything the PoW algo does which is useful above and beyond provable sacrifice i
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by atweiden 5y ago
In a premine, developers hard code coin balances for themselves into their own ledger prior to public mining becoming available. Satoshi clearly didn’t do this. It’s that cut and dry.
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by atweiden 5y ago
In the context of blockchain scalability, IIUC off-chain verifiers only periodically settle on-chain. How much damage can a malicious verifier do?
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by atweiden 5y ago
> Now if dai, usdc or usdt had failed, that would be a big deal. The “Dai” peg did break — both in early 2020 [1], and a few days after launching. DAI’s now 60% backed by Tether like instruments. It’s basically a strictly worse version
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by atweiden 5y ago
Onivim has a high chance of becoming the best heavyweight GUI Vim IDE distribution over the coming years. I bought a once-off lifetime commercial license a good while ago and now get nightly updates. I wish the team all the success in the w
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by atweiden 5y ago
> If this is true, why did you decide to go with traditional vim rather than NeoVim? Answered here [1]. > I personally find Lua far more intuitive than Vimscript... One of the biggest motivating factors for the rewrite of Oni was the
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by atweiden 5y ago
Hangzhou Xiaoshan International Airport, 2010: https://www.youtube.com/watch?v=0CYFEZFNl6E Milwaukee, 2018: https://www.youtube.com/watch?v=0mkRgPGncn0 https://old.reddit.com/r/UFOVHS&#
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by atweiden 5y ago
Then we’re essentially debating what the value is of preserving our ability to experience beauty. And what’s life without beauty?
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by atweiden 5y ago
> How do you define a neighborhood characteristic? Usually it's nothing but an arbitrary snapshot in time that some folks decided is ideal and should be frozen. Usually so, but sometimes not. What are the characteristics of Gion Kyo
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by atweiden 5y ago
> You shouldn’t be able to make a tonne of money by just buying a house and sitting on it. But humans occupy physical space. Almost everyone would prefer more privacy and space to less. Hence if the human population keeps growing, the pr
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by atweiden 5y ago
Who said anything about walls? A state’s borders are defined by the land area over which it upholds its own legal system. If a state’s legal system is unenforceable within its so called “borders”, then by definition those are either no long
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by atweiden 5y ago
> I am not in favor of states. What are you in favor of, then?
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by atweiden 5y ago
Thinking the best course of action is to operate within the bounds of an existing paradigm, rather than lobbying for paradigm altering changes at the highest levels. Buying into any zeitgeist at any level. Related: underappreciating the per
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by atweiden 5y ago
If a state’s borders aren’t enforced, either those borders are not in fact the state’s real borders, or the people residing within those “borders” are living in a failed state.
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by atweiden 5y ago
It’s almost as if genetic similarity is a predictor of social stability.
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by atweiden 5y ago
Granted, having X number of living humans could conceivably be necessary to facilitate the specialization required to bootstrap technological advancement. But even a highly generous take on this would reveal it’s “necessary but not sufficie
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by atweiden 5y ago
But cryptocurrencies have zero intrinsic value: If only one person owned all the $COIN and refused to part with any of it, the world wouldn’t accept its use, and would just create another currency with similar properties. What you’ve neglec
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by atweiden 5y ago
Cryptocurrencies have zero intrinsic value. If only one person owned all the bitcoins and refused to part with any of it, the world wouldn’t accept its use, and would just create another currency with similar properties. Ditto for every alt
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by atweiden 5y ago
> Sure, investing in an index fund would have yielded more money but we only know that in hindsight. As an aside, the S&P 500 is down since 1970 as measured in gold [1]. [1]: http://pricedingold.com/sp-500/
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by atweiden 5y ago
Much of what passes for human industry is essentially just strip mining the planet of its natural resources. I’d recommend watching Sir David Attenborough’s A Life On Our Planet for a sobering view of the ecological footprint of non-Bitcoin

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