cryptica

51 ms·

451.
by cryptica 5y ago
Bitcoin's popularity in spite of its extreme inefficiency is a testament to the incredible power of network effects in our current economic system. It seems that Bitcoin's price will not stop growing until the monetary system is r
452.
by cryptica 5y ago
Transactions on exchanges do not affect the blockchain's state so they require orders of magnitude less energy... Making a trade on a centralized exchange or performing an off-chain transaction on a centralized wallet doesn't use
453.
by cryptica 5y ago
A vaccine so effective, it needs to be taken again every few months. For treating COVID, it's almost as effective as horse worm medicine.
454.
by cryptica 5y ago
Most of these live programing exercises are far too demanding when you consider the stressful environment and the time pressure that candidates are under. It selects for a certain kind of fresh-out-of-uni candidate who has been solving puzz
455.
by cryptica 5y ago
>> "High quality internet services" are you kidding me?! I was mostly referring to government websites, online banking, retirement accounts, etc... For example, in Germany, a lot of stuff is still done by paper mail. I'
456.
by cryptica 5y ago
It's scary how fast one of the most liked and trusted governments in the world can lose the trust of its people. Previous governments were not perfect but they had worked hard to earn that public trust (John Howard years and earlier) a
457.
by cryptica 5y ago
You just made a bad argument. You focused on a flaw in my argument to try to discredit me as an expert (which I'm not and never claimed to be, I welcome the correction) but in doing so you made my argument stronger. I can't believ
458.
by cryptica 5y ago
Agreed, it's 100% about money. Sometimes looks and charm can help you to get money, but you need money first in order to be considered an elite. Another effect which I've noticed in the tech industry is how engineers who work at b
459.
by cryptica 5y ago
I didn't deny your argument, I accepted it. I merely pointed out that your argument lead to the same conclusion as my argument except that it provided even more certainty. On the other hand, this comment is an ad hominem attack trying
460.
by cryptica 5y ago
I don't understand the need to split hairs when it actually reinforces my conclusion but thanks anyway for pointing it out. Isn't it even more surprising that he would step outside of his role to throw himself into the limelight w
461.
by cryptica 5y ago
>> No, Fauci has never held that position. My bad, I was mislead there. Doesn't change the conclusion of my analysis though. If anything, it strengthens it. So he was director of National Institute of Allergy and Infectious Disea
462.
by cryptica 5y ago
I also forgot some other critical points: - Several top scientists stepped forward in the early days and claimed that the virus showed signs of being man-made (and they were censored and called conspiracy theorists). - Some countries have b
463.
by cryptica 5y ago
>> I'm assuming the coincidence with 1984 is ... the book? Haha, nice catch; I didn't even see that one. I only mentioned that date to point out that he's been a director for several decades so the NIH didn't fund
464.
by cryptica 5y ago
Rand Paul did not actually say that Fauci's gain of function research led to COVID19 but he didn't really need to. We cannot trust Fauci. Doesn't it seems like too much of a coincidence that: - Fauci has been director of NIH
465.
by cryptica 5y ago
I like Medium. These days I rely on them to get my news since I can't rely on mainstream media. Articles written by regular people sharing their thoughts is the best way to know what's going on in the world. I feel that Medium&#x2
466.
by cryptica 5y ago
Because of brainwashing and manipulation by big corporations which made people believe that native mobile apps are superior to web/browser based ones. The reason for this is that big companies didn't want to be sandboxed in a brow
467.
by cryptica 5y ago
I normally don't like the idea of an institution which aims to protect people from their own poor decisions... But in our current, highly artificial, manipulated, money-printing economy, I think the SEC should just go ahead and shut do
468.
by cryptica 5y ago
This is an interesting perspective and I suspect that this is how most central bankers think about it. But the way I see it, the old money was hard-earned money, it's good money so it should be difficult to earn it. This problem cannot
469.
by cryptica 5y ago
The government could easily seize all company stocks without any force. For private property, they could make people forfeit their assets - Create a situation such that if you don't forfeit your assets to the state then you will be a s
470.
by cryptica 5y ago
I can also do this. I can make my sight go blurry on demand. I didn't realize that my eyes were trembling until someone else watched me doing it and told me so. It doesn't feel like trembling, it feels more like staring into empty
471.
by cryptica 5y ago
I can also blur my eyes and make them vibrate. But I never checked how that affects my pupils.
472.
by cryptica 5y ago
When 99% of people realise that they've essentially been scammed by the reserve banks, the backlash is going to be massive. There will be discussions about asset seizures and wealth redistribution. That's just a matter of time now
473.
by cryptica 5y ago
The monetary system has turned modern capitalism into some kind of social lottery system which has nothing to do with value creation and everything to do with social scheming (playing politics) and dumb luck. It's all about gaining pre
474.
by cryptica 5y ago
Whenever I see a big complex looking machine like that, my first thought is "That's impressive, these guys probably don't have much competition" then my second thought is "Surely it's possible to build a smalle
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by cryptica 5y ago
I invented a new sport a few months ago; extreme rock balancing. It's like regular rock balancing except I did it at the bottom of the sea at least 10 meters deep without scuba. I stacked 4 rocks. It's a combination of freediving
476.
by cryptica 5y ago
I never understood how parents could disown their children. It's some kind of social brainwashing. It makes no sense from an evolutionary perspective. By disowning your own children, you're giving an advantage to other people&#x27
477.
by cryptica 5y ago
Makes sense. People will always come up with some new innovative ways to get around regulations which harm them. Those new ways will never cease to defy our imaginations. Who could have imagined Bitcoin 20 years ago? The regulators are play
478.
by cryptica 5y ago
I've come to realize that the current fiat scheme and the crypto scheme are both unethical in their own way. But it makes me sick to hear people talk about banning crypto without at least suggesting to dramatically reform the fiat syst
479.
by cryptica 5y ago
EU regulations are all over the place. There is no cohesive moral thread behind any of them. Firstly, they introduced GDPR regulations to prevent companies and organizations from collecting data on citizens... But now they introduce regulat
480.
by cryptica 5y ago
I'm not a fan of validating ideas. The problem is that modern people often like things which are not good for them (e.g. processed foods, drugs, social media, bureaucracy, etc...). The product might make them less efficient or harm the

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