hudon

24 ms·

211.
by hudon 8y ago
Right, and this is the contention: I'm pretty sure when bitcoiners say "censorship resistant", they believe that Bitcoin will be resistant to any future law enforcement. I used to believe this, which is why I'm assuming
212.
by hudon 8y ago
I appreciate the nuance. "Today, Bitcoin censors less than PayPal" seems closer to the truth. Would you then agree with "Cryptocurrencies in 2010 censored less than cryptocurrencies in 2018"?
213.
by hudon 8y ago
> But can they stop you from sending money there? It's an easy to verify claim, and as far as I'm concerned it's the people making extraordinary claims that have to provide proof. If you want to prove this "censorship
214.
by hudon 8y ago
> OFAC can say what they want, no one is technically barred from sending funds to that account Are you saying there is a difference between "censorship" and "technical censorship"? You are demonstrating the obfuscatio
215.
by hudon 8y ago
> 3. the btc devs did not decide to abandon the longest chain See, now you're trying to censor history. Here's a refresher of what happened: >>> from https://freedom-to-tinker.com/2015/07/28&#
216.
by hudon 8y ago
> do we see no merit in a censorship resistant framework This is a loaded question... Cryptocurrencies are not "censorship resistant". If they were, maybe your complaint about HN's "echo chamber" would be warrant
217.
by hudon 8y ago
Very inefficient things tend towards worthlessness. For instance, I could open a business where u send me source code via mail and I will compile and run it for you and fax you the output... my business would effectively be worthless, unles
218.
How Subscriptions Are Remaking Corporate America(barrons.com)
4 points by hudon 8y ago|0 comments
219.
by hudon 8y ago
Aren’t journalists paid to pay attention? I’ve never seen much “far right” in crypto land (fascism we’re talking about right?), as much as I’ve seen libertarianism or crypto-anarchy... this kind of naive “let's get rid of governments a
220.
by hudon 8y ago
> in 1999, even though the internet had been out a while and there had been lots of talk about e-commerce no one had really solved the problem particularly well in terms of providing a platform to the average Joe I'm not sure why yo
221.
OFAC Begins Adding Sanctions to XBT Addresses(bloomberg.com)
2 points by hudon 8y ago|0 comments
222.
Why Central Bank Digital Currencies Will Destroy Cryptocurrencies(project-syndicate.org)
1 points by hudon 8y ago|0 comments
223.
by hudon 8y ago
The scientific consensus once was that there was nothing more elementary than protons and neutrons. Also that light traveled through ether... To fault someone for being skeptical of scientific consensus seems to be ignorant of humanity’s hi
224.
by hudon 8y ago
> Social consensus, however, doesn't affect the standard 'malicious' double-spend cheat. You're not going to get social consensus forming around an obvious 'criminal' behavior. You haven’t refuted my point w
225.
by hudon 8y ago
> unsolved double spending problem and provide true, distributed, open-to-all decision making This seems to be the fundamental piece of Bitcoin dogma that still gives a modicum of hope to Blockchain enthusiasts. Let me try to get the rec
226.
by hudon 8y ago
Anecdotal but at my previous employer, women and some racial minorities were given a higher score during interviews because of their gender or race (this was explicit) and white men were de-prioritized. It was actually a disadvantage to be
227.
US Senate Testimony: Crypto Is the Mother of All Scams(banking.senate.gov)
18 points by hudon 8y ago|11 comments
228.
Bitcoin Mining Will Raise Global Temperatures Above Critical Limit by 2033(motherboard.vice.com)
1 points by hudon 8y ago|0 comments
229.
Screen time tied to lower psychological well-being among children(sciencedirect.com)
2 points by hudon 8y ago|0 comments
230.
Bitcoin Predicted to Be the Nail in the Coffin of Climate Change(forbes.com)
2 points by hudon 8y ago|1 comments
231.
by hudon 8y ago
Yes but that’s not really news. I think the article’s elucidation is that Cryptocurrency, like money, is comprised of humans and thus has all the same baggage (as opposed to being a non-human solution that avoids issues of trust or governan
232.
by hudon 8y ago
The article compares Cryptocurrency to Religion, roughly speaking. First, there was financial chaos in 2008. Then with a bang, our Lord Satoshi Nakamoto solved the double-spend problem and created Blockchain, and He saw that it was good. Se
233.
by hudon 8y ago
No, you misread. "et cetera" is latin for "and the rest"... I put that there because exchanges are all tied. A ban on one leads to a ban on another, depending on the severity of your crime. > There's nothing prev
234.
by hudon 8y ago
15% sounds about right to offset the fraud risk, volatility risk, exchange fees, network fees, network congestion, transfer delays, fork risk, catastrophic bugs, and theft risk :) We all have narratives, buddy. Mine just doesn't hinge
235.
by hudon 8y ago
Then back to my original point: If no exchanges allow you to deposit BTC, what are you doing with it? Once you've shamir-secret-split your multi-sig cold-storage private keys, laminated them, placed them in fireproof envelopes and dug
236.
by hudon 8y ago
When you say "use bitcoin", what do you mean? edit: Perhaps the lesson here is the more useful something is, the less freedom you have in using it. After all, why would regulators care if you can "use bitcoin" when &quot
237.
by hudon 8y ago
Why the hell would I buy Bitcoin to buy stuff on Amazon through a proxy site that sells my BTC for me instead of just... buying on Amazon like a normal person? BTC will be way slower and more expensive than just using my credit card... Plus
238.
by hudon 8y ago
> With Bitcoin, even if Coinbase blacklists you, you can still send your Bitcoin to other accounts and exchange it for things This is not so. Coinbase and Gemini (I haven't checked others but I'm sure they're the same) wil
239.
by hudon 8y ago
Same drawback applies to Bitcoin. Send BTC from Coinbase to a blacklisted entity and see how quickly CB, Gemini, etc. shut down your accounts. Then you’re left with your local client but you can’t trade anywhere... and speculation is crypt
240.
The Big Blockchain Lie(project-syndicate.org)
20 points by hudon 8y ago|8 comments

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