dumbfoundded

7 ms·

31.
by dumbfoundded 4y ago
Our banking system nearly collapsed in 2008. Lots of people got hurt. Financialization of the US economy is a larger, delayed version of what happened to General Electric.
32.
by dumbfoundded 4y ago
It's the dumbest technology to try to buy illegal stuff now. Most coins have touched an exchange and everything you do is public. Once deanonymized, it's the opposite of private. Monero & Zcash are exceptions and the only part
33.
by dumbfoundded 4y ago
Not too much longer. I think the big difference is now there are private chains coming out like Aleo, Aztec, and Espresso that use zero knowledge proofs. You can think of them as private Ethereum much like Monero is a private Bitcoin. They&
34.
by dumbfoundded 5y ago
I completely agree and it's why I wrote it as a joke. Companies/Tools/Projects that plan to exist beyond 2038 should just migrate their code.
35.
by dumbfoundded 5y ago
You should just make the right npm package. You could call it: "probably_correct_time" and it'd just add 137 to the year if it was less than 1937 or so. Then raise some money to fund AI research to decipher if it's about
36.
by dumbfoundded 5y ago
I think your read on the parent is right but despite that, I'd encourage you to check it out. IMHO, the most interesting developments in computer science are happening right now in web3. Stay away from the NFTs/DEFI and just learn
37.
by dumbfoundded 5y ago
Okay, that's a change in the narrative. It's not useless. It's only useless if you're not a criminal. But that's sort of backwards. Technology is just a tool. It doesn't decide how it's going to be used. H
38.
by dumbfoundded 5y ago
If you actually read the article, most of the scams of all types start on social media. Why is it so easy for a scammer to talk to my nephew on the same places he talks to his friends? If you look at actually consumer fraud (1) according to
39.
by dumbfoundded 5y ago
Nukes also: * Create EMP blasts potentially disabling electronics over larger areas. * Start fires in every direction for miles beyond the blast zone. * Delegitimize nuclear energy. Sort of indirect but fear of nukes is why we don't in
40.
by dumbfoundded 5y ago
Tsar Bomba, probably the largest nuke ever used was ~50MT (1). (1) https://en.wikipedia.org/wiki/Tsar_Bomba
41.
by dumbfoundded 5y ago
It's more complicated than that. A few of the considerations: * DNA/RNA are not the only options. Other nucleobases potentially exist and artificial ones have certainly been created (1) * A completely unique sequence would indicat
42.
by dumbfoundded 5y ago
If you have a specific interest, you should just research it. The world is a very big place and lots of smart people have already gathered evidence to answer questions about pretty much anything. Talking on a forum is fun but collectively,
43.
by dumbfoundded 5y ago
You should just google the definition of culture. Lots of work has been done to study culture at numerous levels from nations to corporations to small communities. It's called anthropology. If you're actually curious, you should a
44.
by dumbfoundded 5y ago
It's called culture and large groups of humans are known to experience it.
45.
by dumbfoundded 5y ago
Reminds me of that Futurama with Nixon: https://www.youtube.com/watch?v=Sm4MH-Yf87Q
46.
by dumbfoundded 5y ago
You really misunderstand the Baumol effect. It's about why jobs with no productivity gains have higher salaries over time (it's to keep up with places were wages did grow due to productivity gains). It's used to explain why j
47.
by dumbfoundded 5y ago
I think it's a lot worse than what you're saying. The price of gold was $45/oz in 1970. 52 years later it's $1,800/ounce. That's roughly 7.6% a year or 45x increase. If you use the inflation provided by the gov
48.
by dumbfoundded 5y ago
They are absolutely no joke. For the small uncovered diode laser cutters, I'd recommend setting it up & running it remotely. If you use a laptop with a webcam & some remote desktop software, you can operate one safely it from a
49.
by dumbfoundded 5y ago
It's just an example. I've worked with industrial laser cutters (100+watt CO2) before and even with all of the protective equipment built into the machines, you still wear glasses. The idea that you could use something like this i
50.
by dumbfoundded 5y ago
We use lasers in lots of consumer products, we don't really have any with exposed lasers. You just can't guarantee that someone doesn't flip a quarter and blind themselves. It's a cool idea but pretty impossible to be sa
51.
by dumbfoundded 5y ago
I don't think people really understand how the entire world is a complete fiction. The idea of ownership is made up. Your house deed isn't a statement of ownership. It's a promise that if ever someone ever comes with a gun to
52.
by dumbfoundded 5y ago
I don't think most people cash out and move to the forest where the consequences of their actions never reach them. Because of the mass recording of our society, I actually think a reckoning of some sort may happen. At least, future ge
53.
by dumbfoundded 5y ago
Ethics pays more than in good feelings. If you decide to be unethical, eventually you'll be only surrounded by unethical people.
54.
by dumbfoundded 5y ago
Death is necessary for evolution. Shorter lifespans mean more rounds of genetic mutation meaning evolution can happen faster. I think overall the point is right but I'd a lot of nuance. - The evolutionary ideal lifespan for any creatur
55.
by dumbfoundded 5y ago
If TLS signed the messages with a public key, you put any TLS conversation on-chain immediately. Some web2 apis already implement signed responses that can be used in this way. TLS doesn't though, so you have a provenance problem. You
56.
by dumbfoundded 5y ago
Escrow is using middlemen to prevent any potential loss or theft. Every transaction has some counterparty risk. Who goes first, the domain transfer or the wire? To be sure you won't get robbed, you deposit the money with the escrow age
57.
by dumbfoundded 5y ago
Some things are cheaper in web3 than web2 and web3 can do everything web2 can so it's all going to get rebuilt. The same thing happened with mobile phones. Mobile completely changed the internet and the only "invention" there
58.
by dumbfoundded 5y ago
Governance tokens & DAOs are helping to bridge the human divide. Not everything can be coded, humans have to make judgement decisions sometimes. The smart contract is just the agreed upon structure of cooperation. For cases like escrow
59.
by dumbfoundded 5y ago
As someone building in web3, I'll give an example. When I sold my first business, escrow.com wanted >$20K for the domain transfer from godaddy. If you sell a domain on ethereum (ENS), the escrow requires only a smart contract and fe
60.
by dumbfoundded 5y ago
A lot wrong with your statement. Weed isn't imported. It's grown domestically. Here was a billion dollar field in California that got caught (1). There are many more. The next part of slave labor is just false. Trimmers I met were

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