hudon

15 ms·

121.
Open source beyond the market (2019)(m.signalvnoise.com)
1 points by hudon 5y ago|0 comments
122.
by hudon 5y ago
> If the best argument against PoW is that people can ignore it, then I don't know what to say to you. Like, don't let me stop you then: Your counter-argument is "try it, then!". I'm not sure why I have to say th
123.
by hudon 5y ago
> you are the one who's trying to make the case that the ability to make a derivative work of Bitcoin means that PoW has somehow failed No, I never said this and this another straw man. The point is that the most-work chain is allow
124.
by hudon 5y ago
> If I have the power to tweak any/all peers of any p2p system arbitrarily, then I already have supreme authority over what that system does. This is not my argument and is your straw man. The point is most clients run whatever the
125.
by hudon 5y ago
You don’t get to choose which cryptobean keeps the name, the market does (see 2016 fork, and 2013 fork).
126.
by hudon 5y ago
Of course you can mine 2 “conflicting blocks” in PoW cryptobeans, you can just tweak the clients of a fork to require negligible work for the next block and convince everyone that the most-work chain is a hostile takeover. Satoshi did not a
127.
by hudon 5y ago
“Runs fine” doesn’t mean it’s energy efficient. If we can get whatever value out of a payment system with 1 wind turbine instead of 10,000, the former is obviously a better choice. And right now it’s not obvious that PoW provides anything t
128.
by hudon 5y ago
Just to counter the knee jerk “but it’s actually digital gold!” reaction of Bitcoin holders: One big reason Bitcoin can’t be “digital gold” is because humans don’t control the natural supply of gold. Humans, however, control the supply of B
129.
by hudon 6y ago
Sure, and I can try paying for gas with gold but at some point I’m forced to do what the herd is doing, and the herd doesn’t care about arguments of “sound money”, they’ll just follow whatever monetary policy the ruling class decides is bes
130.
by hudon 6y ago
No. Real ones. The supply cap is just decided by a coded algorithm. That algorithm can change and the social consensus can and will accept that change. Democracies moved off of the gold standard didn’t they?
131.
by hudon 6y ago
Gold is found in nature. We can’t manufacture it or change its atomic number. Bitcoin is human code run on human machines. If society or the powers that be see fit to generate infinite Bitcoin, they can (ie forks are political power plays a
132.
by hudon 6y ago
Well, their opinion could be that Bitcoin is extremely wasteful and damaging to our environment for very little value, and so they do not want to support any organization that supports Bitcoin. A boycott, if you will. I’m not arguing that p
133.
by hudon 6y ago
Indeed, and this may already be ongoing. Programmers find a handful of vulnerabilities in core Bitcoin software every year [0], and there is no way for us to know if those bugs were planted intentionally. Some of these bugs caused the suppl
134.
by hudon 6y ago
> Bitcoin is backed by node operators and widespread social consensus Satoshi wanted it to be backed by Proof of Work, but now you’re saying Bitcoin is backed by social consensus... just like the US Dollar I guess?
135.
by hudon 6y ago
If stakeholders can manipulate the network to ignore a chain with more work, you’ve kind of undermined the whole proof-of-work thing and conceded that Bitcoin is ultimately subject to politics just like any other financial system.
136.
by hudon 6y ago
He still has a mind we can relate to, like a child can relate to their parent. If you cared to look into Aquinas’ idea of God you’d find many concrete ideas, but he’s describing the spiritual realm so obviously it’s not as concrete as descr
137.
by hudon 6y ago
Or the network finds consensus on an algorithm change where the block subsidy keeps going, thereby continuing to pay the miners. The 21 million bitcoin cap isn’t as immutable as people claim. It’s just that most Bitcoin stakeholders agree t
138.
by hudon 6y ago
If you think you're not a slave to anything, try just sitting still, not eating or drinking, and seeing if you can truly be free, even free from your own tyrannical desires. Try as you must, you will quickly discover that you are a sla
139.
by hudon 6y ago
Ah, you're probably interpreting that as believers walking in fear all day, which again is not the case (side note: studies show that believers are significantly less anxious on a day to day basis. I would link to one study but there a
140.
by hudon 6y ago
> bearded dude sitting on a cloud That's a strange straw man. No God-fearing person I know believes in such a thing. God is not a being, but rather is _being itself_. In fact, when Moses asked God what his name was, God replies some
141.
NFTs are the latest get-rich-quick scheme for the ‘cryptosphere’(ft.com)
2 points by hudon 6y ago|0 comments
142.
by hudon 6y ago
> I'd pin that on the "mindfulness" industry and the infantile society we have become I think that’s the gist of the article, but maybe the author could have been more explicit. The “mindfulness” movement detached meditati
143.
by hudon 6y ago
1. “The Bible” is not one text and is actually a collection of books each written by different people at different times over the course of centuries. Most of these books were written before Jesus was even born. 2. The books probably rele
144.
by hudon 6y ago
I'm showing evidence for how censorship is happening today in Bitcoin and therefore we cannot claim it to be "censorship resistant". Whether miners co-operate or not with the prosecutors is beside the point. The example of
145.
by hudon 6y ago
Bitcoin is no longer censorship resistant. From the US Government alone being able to track and prosecute domestic and international criminals using Bitcoin such as Ross Ulbricht [0] or the BTC-e founder [1], to censoring bitcoin addresses
146.
by hudon 6y ago
VISA alone processes over 60,000 transactions per second [0] and only uses a tiny subset of the world's data centers. Bitcoin processes a whooping 7 transactions per second and consumes as much energy as *all data centers globally*. I&
147.
Road to IPO: Coinbase’s Power Struggles(coindesk.com)
1 points by hudon 6y ago|0 comments
148.
The blockchain/cryptocurrency space is mostly fraudulent(davidgolumbia.medium.com)
96 points by hudon 6y ago|80 comments
149.
Finite of Sense and Infinite of Thought(pron.github.io)
37 points by hudon 6y ago|2 comments
150.
by hudon 6y ago
Frequent in-person discussions between people with different opinions tends to make people compromise and find nuance more easily. However if one side of the discussion is self-censoring, then both sides will tend to develop extreme opinion

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