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gerikson
searching PlanetScale…
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72 ms
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931.
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by
gerikson
7y ago
Ah, the call of the sea... In my late teens I took a course in French in the city of Royan, on France's Atlantic coast. A couple of my classmates were from the US, and they invited me over to where they were living. It was a small sail
932.
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gerikson
7y ago
Same here. I can sort of understand why people confuse 'lose' and 'loose' due to incorrect spellchecking, but 'loosing' isn't even correct English.
933.
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gerikson
7y ago
Craig Wright in particular is suing people in the UK for libel for stating that he is not Satoshi.[1] Being sued for libel in the UK is no joke. [1] https://decrypt.co/6520/peter-mccormack
934.
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gerikson
7y ago
Swede here. I asked my wife too, her reply is that the color "khaki" is a shade of green - "khakigrönt". But the specific style of pants - "khakibyxor" - are generally beige.
935.
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gerikson
7y ago
[I now see I mispelled "gold" as "good" in my comment, my bad] As far as I know, none of those countries promises to redeem bearers of banknotes with an equivalent value in gold, which is what being on a gold standard me
936.
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gerikson
7y ago
> It is incredibly ironic to me that anyone in a leadership role at Wikipedia would criticize Zuckerberg or Dorsey. According to (ironically) Wikipedia[1], Sanger left the project in 2006^W the early 2000s: > Frustrated by sustained c
937.
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gerikson
7y ago
Thanks, I’ve missed that development.
938.
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gerikson
7y ago
This is the second time today I’ve seen someone say that governments use good as a currency. What governments do this?
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gerikson
7y ago
Are there any live sidechains in production? I thought the team behind them moved on to the Lightning Network.
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gerikson
7y ago
I can write cursive but I can’t read my own handwriting - so now I print.
941.
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gerikson
7y ago
Thanks for clarifying! Fees are denominated in satoshis though, and even today the average USD amount of fees is around $8,000 per block[1] (around 6% of the total reward). A 10x increase of the BTC price will make that amount around the sa
942.
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gerikson
7y ago
> many countries don't tie their currency value to gold Is there any national currency still on the gold standard?
943.
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gerikson
7y ago
> But at that point the cost of the electricity consumption of Bitcoin will be borne entirely by Bitcoin's users I'm not sure what you mean by this. If a certain percentage of energy is used by PoW, less is available for other
944.
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gerikson
7y ago
Mining rewards will be replaced by transaction fees. There will still be an economic incentive to keep the hardware running.
945.
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gerikson
7y ago
> Food companies are responsible for producing healthy food. Automobile companies are responsible for producing safe vehicles. Social media services should be responsible for creating environments and discussions that benefit the people.
946.
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gerikson
7y ago
You used to send sealed letters with the reasonable expectation that it would arrive intact and unread. Now everyone[1] sends the equivalent of a postcard - the vast majority of which are actually read/scanned by the entities doing the
947.
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gerikson
7y ago
Thanks for sharing your experiences. I've never visited Appalachia, and I'm afraid my views are filtered through popular media. But even if a TV show like "Justified" (I've seen the first 3 seasons) bends to narrati
948.
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gerikson
7y ago
The banking system is decentralized too, but the word has a specific meaning in cryptocurrency circles - which I think Libra is invoking. I do agree that currently the Bitcoin mining/transaction system is centralized to a few very larg
949.
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gerikson
7y ago
I missed that! That's very interesting.
950.
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gerikson
7y ago
M-x spook. https://everything2.com/title/M-x+spook
951.
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gerikson
7y ago
I liked Google Wave. It was helpful in planning a trip with multiple participants.
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gerikson
7y ago
Exactly. This will just be a "meta-currency", stable against a basket of government-issued fiat, and with a permissioned transaction system built on top of it. Libra's use of buzzwords like "blockchain" and "de
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gerikson
7y ago
> I'm questioning why FB and the member parties didn't just support an existing solution/infrastructure. You cannot build a stablecoin on crypto-assets that have limited issuance.
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gerikson
7y ago
Good answer. I doubt however that Libra's terms of service will allow purchase of "real" crypto - just like I doubt they will allow purchase of drugs, porn, or malware.
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gerikson
7y ago
Are you asking why you personally should not use Libra in preference to BTC/ETH, or whether the parties in the Libra organisation should use BTC/ETH?
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gerikson
8y ago
Loyalty programs fill that role.
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gerikson
8y ago
> The code that runs on your bank and "legal system" was written by people who make mistakes as well. And the results the code produces is constantly audited, both internally and externally.
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gerikson
8y ago
Both solutions rely on trusted 3rd parties then.
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gerikson
8y ago
Russia moved over to constant DST with around 6 weeks notice a few years ago. It was chaos.
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gerikson
8y ago
The company I work for uses Microsoft libraries, and we deal with timezones and DST all the time. In my opinion, Microsoft does a great job keeping track of the different changes instituted by politicians around the world. It's unfortu
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