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darawk
searching PlanetScale…
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33 ms
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331.
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darawk
5y ago
The difference in political significance between a broadcasting platform and 10 million dollars vs a cake is a little hard to ignore.
332.
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darawk
5y ago
I don't entirely disagree. I suppose I should have said "less biased". Imagine how biased "context checking" sites would be. Facts at least sort of have an appeal to an objective reality outside of politics.
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darawk
5y ago
I love the idea of this article, but it doesn't address the reason things are the way they are. Facts get checked for literal accuracy because that's what's easy to actually do in a reasonably unbiased way. We stop there not
334.
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darawk
5y ago
No. AMMs are extremely capital inefficient market makers. The only reason they are useful in DeFi is because it's difficult to implement limit order books in a decentralized way.
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darawk
5y ago
> ....but why would you even try pure i.v. caffeine though? cocaine i can understand, but caffeine? Sometimes when you're an IV drug user and you're out of real drugs, you do weird shit. I had a tub of anhydrous caffeine, had t
336.
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darawk
5y ago
As someone who has consumed both IV cocaine and IV caffeine, this is ridiculous. They are very, very distinguishable.
337.
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darawk
5y ago
Feel like I was just reading a comment on here today, in another thread, about how those stupid Google billionaires wasted all their money on this dumb Calico thing that will never amount to anything.
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darawk
5y ago
Oh, you mean like how cryptocurrency was the solution to the (at least perceived) problem of centralized control over the money supply? What did you say the difference was again?
339.
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darawk
5y ago
> If they wanted remote login, email, and file transfer, and those applications were up and running in a year or three, and solved an immediate purpose/problem, that existed before the first network link was running, then what is it
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darawk
5y ago
This is exactly right. This kind of optimism is (usually) individually irrational, but extremely beneficial for the collective. Every time the world moves forward it's because some over-confident idiot bets everything on a hare brained
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darawk
5y ago
> Being resilient to unreliable connections in general is a feature that was important initially and has never stopped being relevant. That is a very abstract way of referring to the feature. Suppose 100 years from now the entire world r
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darawk
5y ago
Both of those things had very clear intended purposes at inception. Seems completely orthogonal to the question at hand.
343.
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darawk
5y ago
> Maybe you could refer to some history more specifically? Are you saying networking technology was developed in advance of a concept of what it's useful for? I'm saying that networking technologies original intended use (resil
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darawk
5y ago
> I'm still very opposed to the idea of taking a technology and then searching a problem for it. So, you're opposed to the internet, then?
345.
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darawk
5y ago
Sorry, I was referring to the case of publicly published images that the author/subject no longer wishes to be public. E.g. A person posts nude images on OnlyFans, and later regrets it. I think the case where someone transmits such ima
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darawk
5y ago
I think that makes it an even more fascinating gray area, actually. It's exactly the important case where the hair needs to be split. Using a technology like this for removing leaked private photos is one thing. Using it to enforce sim
347.
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darawk
5y ago
> But back to the point, rules on legal costs, punitive fees and so on, all fall down when "the boot is on the other foot." There is no way for the small guy to take a big guy to court if legal costs are always paid by the lose
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darawk
5y ago
IMO this is less about IP laws and more about the incorrect incentive structure of frivolous litigation. The penalties incurred by Match for filing this lawsuit (assuming the court agrees with the interpretation in this post) should be not
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darawk
5y ago
Interest rates are very low. This makes asset prices high. This is not quite the same thing as a bubble, though i'm sure when the Fed inevitably raises rates and prices crash, people will declare it to have been a bubble. That doesn&#x
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darawk
5y ago
This is a truly excellent criticism of the state of "crypto" and "web3". As someone who thinks these technologies are interesting, i'm glad someone finally wrote a decent, sincere critique that covered a lot of the
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darawk
5y ago
Because money is a different weighting scheme than costless engagement. Money weighted things behave differently than vote weighted things. Whether or not it will be better remains to be seen, but it should be interesting.
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darawk
5y ago
Bitpay accepts plenty of cryptocurrencies with very low tx fees.
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darawk
5y ago
If this were some strictly academic or political debate, i'd completely agree with you. But these ideas and policies are having a pretty major impact on employment and hiring in the tech industry, which obviously directly impacts every
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darawk
5y ago
> Yeesh. The tone of the blogpost is quite extreme honestly. I read the SA article and the tone felt like it was dealing with what they saw as a complicated topic while the blogpost's language seemed to paint it as more extreme than
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darawk
5y ago
It's self custody in the sense that you can transact your representative tokens without consulting any intermediary, and without having to get anyone's permission.
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darawk
5y ago
> That argument kind of makes sense? But a central authority can still squeeze on you just as much, by targeting who you would trade with though, right? The ledger is public, they know who you traded with, they can make life difficult fo
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darawk
5y ago
All of the web1 equivalents are centralized systems, where the assets in question cannot be traded independently of the central authority. That is the difference.
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darawk
5y ago
Scarcity is a necessary, but not sufficient, condition for value. By establishing the necessary conditions we facilitate the discovery of sufficiency in particular applications. Whether or not any particular scarce digital asset is valuable
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darawk
5y ago
This is the classic "but I can already do all that with rsync" dropbox criticism. Yes, the traditional legal system is still required. Crypto does not make it go away, and anyone who says otherwise is a fool. What it does do is ch
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darawk
5y ago
Why is everyone here so focused on NFTs? I didn't mention NFTs at all. They just happen to be the hot thing to shit on right now. I am not a fan of NFTs. But "digital receipts" are tremendously valuable. Receipts are proof of
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