deweller

8 ms·

61.
by deweller 4y ago
And up to 20 years in prison
62.
by deweller 4y ago
Our fractional reserve banking system is kind of crazy when you really think about it. So much of our economy is built on the assumption that not everyone will want to withdraw their money at the same time. I'm not surprised that the
63.
by deweller 4y ago
Many of their assets are likely in a bank - which is closed until Monday.
64.
by deweller 4y ago
Coinbase has paused USDC to USD conversions over the weekend: https://twitter.com/coinbase/status/1634399032767307776
65.
by deweller 4y ago
If you are in Phoenix, AZ. And it only operates in a well-defined area.
66.
by deweller 4y ago
The illicit share of all cryptocurrency transaction volume in 2022 was 0.24%. https://blog.chainalysis.com/reports/2023-crypto-crime-repor...
67.
by deweller 4y ago
Base is built on Optimism's OP Stack (1). Optimism is a Ethereum Layer 2 network. As an optimistic rollup, it can allow for much cheaper transaction fees. The tradeoff is that while it inherits security from the Ethereum Layer 1 cha
68.
by deweller 4y ago
Cryptocurrency exchanges are not the same thing as cryptocurrencies. And not all exchanges are created equal. Yes it is the wild west out there and consumers have gotten hurt. It is unfortunate. But crypto does serve a real and needed fu
69.
by deweller 4y ago
> and people who don't know any better keep championing it Experienced developers understand that there are different tools for different jobs. They also understand that languages are not successful for 30 years without providing s
70.
by deweller 4y ago
This is a use case that public blockchains could solve for us. Having a decentralized proof of digital rights ownership on a public blockchain could separate the content provider (Amazon / Google / EA) from the actual media they
71.
by deweller 4y ago
I have self-hosted https://www.invoiceninja.org/ (PHP backend) for years. It is overkill if all you want is time tracking. But it is a good self-hosted solution for project-based time tracking and invoicing.
72.
by deweller 4y ago
Similar things happened on multiple social media and content platforms. I'm glad this is starting to come to light now. Genuine scientific discussion should be encouraged and allowed to happen in the open. Censorship due to political
73.
by deweller 4y ago
If Tether has real liquid reserves and can meet redemption requests, then the peg will return to ~$1. If Tether does not have sufficient reserves and stops honoring redemptions, then the peg will collapse. Unpopular opinion: This could be
74.
by deweller 4y ago
I assume that holders of USDT are, perhaps, concerned that Bitfinex and Tether are similar to the FTT token. They may wonder if Bitfinex has Tether on its balance sheet and that the Tether is not actually backed by reserves as claimed. In
75.
by deweller 4y ago
FTX agreed to buy Voyager Digital because Voyager was insolvent after Three Arrows Capital went bust. Guess there's always a bigger fish...
76.
by deweller 4y ago
Note that modern MySQL has SERIALIZABLE transaction isolation as well: https://dev.mysql.com/doc/refman/8.0/en/innodb-transaction-i... https://mariadb.com/kb/en/mariadb-transact
77.
by deweller 4y ago
For PC-to-PC syncing of folders, I have found https://syncthing.net/ to work well.
78.
by deweller 4y ago
Metcalfe's Law describes the value of a shared resource (a network) when used by an increasing number of people. The Ringelmann Effect descibes the productivity of an individual when part of a team. According to these two theories, a s
79.
by deweller 4y ago
It was deeply disturbing to me that throughout the COVID epidemic many highly credentialed doctors and researchers were getting de-platformed for anything that remotely questioned the government's position on anything related to COVID.
80.
by deweller 4y ago
While I agree with this in principal, it is still not practical. Crypto is still too clunky to be used by many potential donors. A site would take a heavy hit to their income by only allowing crypto donations.
81.
by deweller 4y ago
> Once closed, wipe it clean and start over This is exactly the kind of cancel culture that Oberlin demonstrated toward the bakery. "They did something unforgivable! Eliminate them!" Organizations have problems. People are im
82.
by deweller 4y ago
Ponzi Scheme: a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors.
83.
by deweller 4y ago
I keep getting the "Game Canceled" error.
84.
by deweller 4y ago
Crypto is not a zero-sum game. You may not see it, but there is value in decentralized digital currency.
85.
by deweller 4y ago
There needs to be an incentive for users to host other people's data. Centralized servers and advertising is the current model. Blockchains with tokenized value is another model.
86.
by deweller 4y ago
This protocol is designed to not send any data that can be used to identify you directly or fingerprint your identity.
87.
by deweller 4y ago
See https://blog.cloudflare.com/eliminating-captchas-on-iphones-... for some details.
88.
by deweller 4y ago
> ...to seize four domains hosting the SSNDOB marketplace... So they just got control of 4 domains pointing to the site, put up a takedown page and then issued a press release? Did they actually do anything to stop the owners of the site
89.
by deweller 4y ago
> of 20,000 Heads-up tosses (tossed by Janet) 10231 landed Heads > of 20,000 Tails-up tosses (tossed by Priscilla) 10014 landed Tails Why not do 10,000 Heads-up and 10,000 Tails-up tosses for each person?
90.
by deweller 4y ago
> As of this writing, on May 20th, it has yet to regain the peg This is misleading. Tether has consistently traded between $0.998 and $0.999 between May 13th and May 20th. See https://coinmarketcap.com/currencies/t

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