cdiddy2

13 ms·

31.
by cdiddy2 4y ago
On multiple occasions too https://www.youtube.com/watch?v=M5MJEMHZZsI
32.
by cdiddy2 4y ago
When Vitalik goes to Argentina this is the response. https://twitter.com/OctaBidegain/status/1473508689101348868 Just because you come from a place of great financial privilege and a liberal society does not mean
33.
by cdiddy2 4y ago
The people were not sanctioned only the onchain addresses of Tornado were. Github was not providing any service to the onchain addresses.
34.
by cdiddy2 4y ago
Interesting article timing since github just removed the Tornado Cash project as well as all of the developers accounts from the site. I guess github doesn't think open-source code that can be used for evil should be allowed to stay up
35.
by cdiddy2 4y ago
Gold is worse than Bitcoin in every way. 1. Its harder to store gold 2. Its harder to verify the integrity of gold 3. Its harder to transfer gold
36.
by cdiddy2 4y ago
Just because you come from a place of great financial privilege and a liberal society does not mean others have no use for a censorship resistant form of money. Afghanistan: https://theintercept.com/2022/01/19&#x2F
37.
by cdiddy2 4y ago
Stocks have wiped out 7 trillion in value this year. At its peak the entire crypto market was 2.5 trillion and is now 1 trillion. So stocks lost 3 entire crypto markets worth of value this year, seems hard to say that it has the power to co
38.
by cdiddy2 4y ago
Well in the case of Celsius they are putting use funds into things that the user might not know about. Such as stETH which provides yield but can't be withdrawn back to eth until months down the road so if stETH starts trading at a dis
39.
by cdiddy2 4y ago
Its completely centralized. They take user funds and put them in defi products, but the funds are completely under Celsius control not the users control. Thats how they were able to turn off withdrawals. Its like if JPMorgan were putting cl
40.
by cdiddy2 4y ago
Most things collapsing aren't defi, with the exception of Terra which, as an algo stable was expected to fail like all algo stables before it. Celsius/3AC/Babel are all not defi and we would know about their health and risk f
41.
by cdiddy2 4y ago
Depends on the type of wallet. If its a web wallet the keys are in the browsers data store that the wallet extension handles. The keys could also be on a separate hardware wallet that is completely separate from the computer you interact wi
42.
by cdiddy2 4y ago
Its really hard to get a good gauge on that. There is a lot of data but its all very piecemeal and hard to aggregate. Could spend a week trying to get an idea of it and still not be sure. Here is my couple minute version though. For 2020 in
43.
by cdiddy2 4y ago
There are tons of people using it for its apolitical and censorship resistant nature. Afghanistan/Ukraine/Lebanon/Argentina/Venezuela/Nigeria/Turkey/Belarus/Mexico to name a few countries where it is
44.
by cdiddy2 4y ago
I(an american) was quitting a job at a UK company and tried to put in my 2 weeks notice, they said the standard was a 2 months notice for them and so I just kinda bumbled along for 2 months not doing much. Really odd practice
45.
by cdiddy2 4y ago
Alternative source: https://www.tandfonline.com/doi/full/10.1080/25741292.2020.1...
46.
by cdiddy2 4y ago
It's not clear that AML regulation actually is all that effective. It also makes it a lot harder for competitors to start in the banking and finance industry. "Based on 2009 data, the UN, with US State Department assistance, calcu
47.
by cdiddy2 4y ago
Its a much nicer experience for moving around large sums of money. I have heard of a fair few people who use it primarily for funding angellist investments since its more hassle free than a wire.
48.
by cdiddy2 4y ago
Well linux on desktop mostly just works. Linux on laptops has been a headache for a while with awful battery life, trackpad issues, wifi issues and things like that. So personally I don't feel the need for any dedicated linux desktop r
49.
by cdiddy2 4y ago
You can add your own or any node that is public to metamask in the settings. Infura has had outages a few times before so people know how to do this now.
50.
by cdiddy2 4y ago
The issue I have with this is that if we aren't allowed to mine in the desert where there is one sensitive shrub, like Thacker Pass, then how are we ever supposed to mine anything ever again. It seems like the perfect place to mine wit
51.
by cdiddy2 4y ago
Do you really believe a Bitcoin miner would accept being shut down for most of the day? - yes, as the hardware cycles have slowed down this has become more and more viable to use old hardware some of the time. Instead of putting a Powerline
52.
by cdiddy2 4y ago
Things like a storage battery - we already have a battery shortage with not enough to power electric car manufacturing. Or melting aluminum or other ors - this doesn't work because the load is extremely fickle. You have to be able to t
53.
by cdiddy2 4y ago
So you think people should starve rather than use bitcoin? What about using it to support democracy in Russia? https://www.reuters.com/world/europe/navalny-ally-urges-dono...
54.
by cdiddy2 4y ago
The US sanctioned them, they can't use dollars or euros https://www.bbc.com/news/world-asia-60715707
55.
by cdiddy2 4y ago
What about when clean energy is negatively priced would you be ok using bitcoin miners to make it more economical then?
56.
by cdiddy2 4y ago
I agree with your point on economic value. But on other uses of the energy you can't really do these things, desalinization - in the middle of the country with no salt water plus inconsistent energy metal smelting - doesn't work w
57.
by cdiddy2 4y ago
Why is it ethical for you to fly in a plane and run your clothes drier but not for someone in Afghanistan to buy food and protect their money by using bitcoin?
58.
by cdiddy2 4y ago
This is not true. If you take a bitcoin miner and put it on a gas well that is leaking methane which is 10x worse than CO2 and burn that methane to create CO2 you are increasing energy usage and cleaning the environment. https:/&#x2F
59.
by cdiddy2 4y ago
its harder to send/receive, harder to verify authenticity, and harder to store gold coins compared to any crypto asset
60.
by cdiddy2 4y ago
If both DAI and MKR go to zero users still have the collateral. If UST and LUNA go to zero then there is nothing left(apart from very recently they started adding some BTC reserves).

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