heckerhut

10 ms·

61.
by heckerhut 6y ago
Recreating fiat in a fully decentralized system is huge. It’s indeed the driver behind DeFi. There’s no limit to what you can build with this. Re NFT: what we’re seeing now is only the beginning. Is there hype? Sure. Is there a deeper under
62.
by heckerhut 6y ago
You cannot own it. What matters is the part that can accrue economic value. That’s the token.
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by heckerhut 6y ago
Well you could’ve guessed 3 when reading 2.
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by heckerhut 6y ago
Good point. Haven’t considered that.
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by heckerhut 6y ago
Please do!
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by heckerhut 6y ago
You can easily confer copyright through an NFT. It’s just that so far nobody does it bc nobody gives a shit.
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by heckerhut 6y ago
The token is already portable. The video is secondary. Also it’ll be available as long as there’s money in the banana stand. Incentives matter.
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by heckerhut 6y ago
I’m in this space since 10y. How long until it stops being a buzzword?
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by heckerhut 6y ago
I disagree. By putting it on the blockchain it becomes a crypto asset. That’s a new primitive.
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by heckerhut 6y ago
People building real infrastructure with dumb money. If you cannot see what that would be in case of NFTs that’s okay. Other people do.
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by heckerhut 6y ago
correct
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by heckerhut 6y ago
*blocklist
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by heckerhut 6y ago
He...downloaded a car?
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by heckerhut 6y ago
I know you’re joking but lots of people still struggle with the reason why NFTs exist, including Apple’s unofficial PR department John Gruber. But it seems he finally understood it now thanks to this article: https://jackrusher.c
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by heckerhut 6y ago
Time to buy some stonks
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by heckerhut 6y ago
Really good feedback. I’m gathering ideas how to make better policies over at poli.cy - If you’re interested send me an email to org@poli.cy to discuss.
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by heckerhut 6y ago
Well, it’s exactly what you would do in today’s society, actually. You’d build a social network first. That is also why Zuckerberg is so dangerous.
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by heckerhut 6y ago
I agree that hardware production and resulting waste needs to be factored in.
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by heckerhut 6y ago
Completely unrelated to what the parent was saying.
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by heckerhut 6y ago
Kinda solved https://www.wired.com/story/cypherpunks-bitcoin-ham-radio/
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by heckerhut 6y ago
Big miners would agree to audits of their resource consumption. There’s no other way.
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by heckerhut 6y ago
But it’s clearly headed there. Unlike bitcoin, Ethereum has sufficient resemblance of governance to actually pull it off.
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by heckerhut 6y ago
My thinking behind this idea is that the sentiment of the author of this blog article is becoming more and more prevalent. Over the coming years pressure on bitcoin’s legitimacy will increase. To get ahead of this movement I propose to mine
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by heckerhut 6y ago
Your reasoning is purely tautological and contains no actual explanation. Wondering why cannot see that yourself.
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by heckerhut 6y ago
Idea: Change BTC protocol to include a new field in coinbase transactions documenting the CO2 emissions of each block. Introduce an uncle block reward like ETH. Miners agree to audits of their reports. Make block reward dependent on carbon
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by heckerhut 6y ago
Sure, ok, so they have an encrypted version of the private key!?
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by heckerhut 6y ago
Exactly. They have seized nothing, apparently. The author over at the verge apparently doesn‘t get it either. The only way this would make any sense is if we were looking at a multi-sig wallet where police has seized one out of two necessar
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Can the Wikipedia-model be applied to Public Policy-Making?(policyorg.substack.com)
1 points by heckerhut 6y ago|0 comments
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by heckerhut 6y ago
Thanks you expressed it much better than I did.
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by heckerhut 6y ago
The vice piece was better imho https://www.google.com/amp/s/www.businessinsider.com/highly-...

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