beaner

27 ms·

211.
by beaner 6y ago
To the extent that you think those things constitute evidence (and some of them are clearly wrong/lacking context/misinformation), you should also believe that these things constitute evidence of voter fraud: - Jurisdictions with
212.
by beaner 6y ago
Some of the numbers seem to not make sense. For example, model A has 4k subscribers and $0 estimated MMR, while model B has 1.5k subscribers and $17k estimated MMR.
213.
by beaner 6y ago
Unpopular opinion: Electric cars & clean tech generally have made leaps and bounds because consumers want it. Climate agreements help somewhat, but they're a lagging indicator of the trend.
214.
by beaner 6y ago
I think you might be dismissing that even in suburban California, things are much closer to suburban Texas. California may seem like it's 100% different, but that's mostly because people only know San Francisco, LA, and the other
215.
by beaner 6y ago
> Having the sitting president make completely baseless claims in an effort to delegitimize the results of an election The whole point is that this is a biased assumption. You can't prevent people from making counterpoints, and then
216.
by beaner 6y ago
Bears, Beets, Battlestar Galactica.
217.
by beaner 6y ago
> Because bitcoin requires substatial inputs... it will end up being controlled by whoever controls the most capital Huh? Whoever has the most capital has the most capital? I don't get it. > Citation needed The boom/bust cyc
218.
by beaner 6y ago
I have commented on this elsewhere but because energy is not just a cost for bitcoin mining but essentially the only cost outside initial capital investment, Bitcoin's POW will in the long-term drive all mining to off-grid self-pow
219.
by beaner 6y ago
Money is a self-organizing system of resource management. Bitcoin is better money, because it allows for more pure self-organization, as a result of its money supply being predetermined by hard-coded algorithm, rather than by fiat decree. T
220.
by beaner 6y ago
Many believe this to be a good thing. To discuss it we'd have to go all the way down the keynesian vs. austrian rabbit hole. Someone here might be up for it. I'm content to sit on the sidelines and watch it continue to succeed and
221.
by beaner 6y ago
This doesn't mean anything, you need to make an argument as to why you believe that for an asset to be successful as a currency, its number of units needs to expand or contract in relation to value being produced.
222.
by beaner 6y ago
The problem is not what the inflation rate is at any given moment, but that it can be changed so easily, like the very switch to ETH 2 is an example of. The inflation curve in Bitcoin is considered sacred. In Ethereum, it's developer w
223.
by beaner 6y ago
The false premise you're using is that smart contracts provide more utility than sound economic policy does.
224.
by beaner 6y ago
I'm not a historian but isn't there some ambiguity here? If war hadn't already been declared by the relevant governments, you can't be killing in the name of war.
225.
by beaner 6y ago
Maybe for some consumer devices we should try it? Clearly the results are excellent. Most people don't open up and modify their laptops.
226.
by beaner 6y ago
I mean, I literally asked "which ones". You didn't answer. You can't claim I'm ignoring them if you haven't told me what they are. I'm not sure how your quote applies, my salary doesn't depend on Bitc
227.
by beaner 6y ago
https://www.bitcointradevolume.com/
228.
by beaner 6y ago
Are they though? If not, what lets kraken continue?
229.
by beaner 6y ago
This doesn't make sense. Their exchanges are open to view live, you can literally see the books and the available liquidity.
230.
by beaner 6y ago
> You are completely ignoring second-order effects for these systems Which ones? I don't believe I am, they're just not the point being discussed here.
231.
by beaner 6y ago
I think you have it backwards. The price of the asset being mined determines the costs of the energy put in to mine it. By equitable distribution, I mean that mining is on average only marginally profitable; the bulk of mined coin needs to
232.
by beaner 6y ago
Thank you for the insight! I wasn't being dishonest. I was actually unaware that staking rewards were variable based on the amount staked, such that more ETH staked means fewer rewards per ETH staked. It makes sense, guess I just didn&
233.
by beaner 6y ago
I'd like to continue engaging in good-faith conversation, not start exchanging barbs with undertones of acrimony.
234.
by beaner 6y ago
> We are only talking about "conversion of energy into money" because that is what the best current implementation of a BFT system is using. Yes, that's my point isn't it? I said "Bitcoin's proof of work is
235.
by beaner 6y ago
That there exist other ways to make money besides mining it, also does not mean that mining is not a conversion of energy into money.
236.
by beaner 6y ago
> Don't forget that do not have enough to stake can pool their resources together. That's great! And makes a lot of sense. However, it still requires locking capital. Those who do not have a lot of money, spend a much higher pe
237.
by beaner 6y ago
> Putting more energy is not going to make more money into the system, is just makes it more likely that you get to be in the front of a firehose that drips money into the system in a constant rate. This doesn't negate what I'
238.
by beaner 6y ago
I mean, you tell me. I don't mean to sound snarky. But it seemed to be your point that existing processes which turn energy into money are a hindrance to clean energy investments. The previous commenter offered an example of aluminum s
239.
by beaner 6y ago
Because it would be profitable, that's how markets work.
240.
by beaner 6y ago
Proof-of-stake requires the majority of what is mined has to be sold on the open market. This redistributes mined coin to any user anywhere, rich or poor. If you mine and do not sell, you perpetually consume and fail in short order. Proof-o

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