kayamon

18 ms·

151.
by kayamon 4y ago
https://99bitcoins.com/bitcoin-obituaries/
152.
by kayamon 4y ago
I believe they maintain the whole thing only for very elderly customers who don't know how to switch to anything else.
153.
by kayamon 4y ago
> I wouldn't suggest accusing others of being part of an "angry mob". Why not? What are you going to do about it? Be angry more?
154.
by kayamon 4y ago
You fork a blockchain by linking new blocks on the end (with bitcoin.pdf forming an implicit start node they all kicked off from). Whichever of the forks persuades enough people to continue mining on it becomes the real blockchain and the p
155.
by kayamon 4y ago
There is only one valid blockchain at any given time -- the longest one (currently Bitcoin). Any attempt such as this one to create a new blockchain will always be shorter than the pre-existing longer blockchain, thereby making this attempt
156.
by kayamon 4y ago
Have you heard of "insurance"? If you lose money you can get it back.
157.
by kayamon 4y ago
> No one in El Salvador is using BTC for transactions lolwut. Of the entire population of El Salvador, not one person is trading bitcoin?
158.
by kayamon 4y ago
Bitcoin has no unique use cases. It's simply a form of money that's secure, a worldwide trading economy that works. The reason that's interesting is because as humanity we never had one of those before.
159.
by kayamon 4y ago
It's supposed to be slow. That's what secures it. The production speed comes from layer 2 solutions built on top of it (analogous to how a secure VM can go faster with a JIT while still maintaining security). It's not expensi
160.
by kayamon 4y ago
With a cellphone and bitrefill, you can use crypto to buy gift cards for most retailers. By the end of the year you may see direct Lightning support in some places too. It's a better time than ever if you're trying to live without
161.
by kayamon 4y ago
Yes it is -- its blockchain is longer. The blockchain with the longest proof-of-work is always the real blockchain, when given multiple competing blockchains to select from. This is the essence of the Nakamoto Consensus Algorithm, which und
162.
by kayamon 4y ago
I've always liked the word squarial.
163.
by kayamon 4y ago
I prefer 'redditor'.
164.
by kayamon 4y ago
PoS is the bus that goes faster if it doesn't have to stop to pick up passengers.
165.
by kayamon 4y ago
"He knew that the way to make people do what you wanted was to make them think it was their idea. If there was one thing that got right up a nome's nose, it was someone saying, 'Here is a really sensible idea. Why ar
166.
by kayamon 4y ago
No you don't. If a guy on the other side of the world wants to teach me to juggle via Zoom, and I want to pay him BTC to do that, we can both trade that service directly without requiring a government to intervene.
167.
by kayamon 4y ago
The coin is the proof that the energy was used. You're effectively trading how much you value energy.
168.
by kayamon 5y ago
And what happens if the people can trade without requiring the governments or their monetary policies?
169.
by kayamon 5y ago
Yes they are. Wars are funded via inflation. Bitcoin solves inflation by using computers to allow trading bottled energy online, thereby pulling the funding out from under oligarchs.
170.
by kayamon 5y ago
They touch on this idea in ventriloquism. The idea is that your brain normally stops you from saying the first thing you think of, because you're afraid. But when you have the puppet, the puppet can say anything because it's n
171.
by kayamon 5y ago
I always found that getting the computer to draw pictures and then make them move around was what let me start to experiment. There's things like Love2D right now that'll give you a lot of the same creativity. It's never too
172.
by kayamon 5y ago
Weirdly I enjoy writing code but I don't enjoy building useful programs.
173.
by kayamon 5y ago
When I was 6, I was bought a ZX Spectrum. I didn't really know what it was for or what you were supposed to do with it. However my friend who lived in the same street also had one, and when I went round his house he showed me how to us
174.
by kayamon 5y ago
This happened to me. Switched to a very strict gluten/soy-free diet and years of bipolar and anxiety started to clear up. In hindsight I've realized I have celiac disease and no one bothered to tell me.
175.
by kayamon 5y ago
My muther was always a big fan of the original Monkey Island.
176.
by kayamon 5y ago
I wanna say the Metropolis-Hastings algorithm is probably the best way to explore any probability distribution like this. The core algorithm is pretty similar to battleships -- pick a random point from a map, then explore neighbouring point
177.
by kayamon 5y ago
As an autistic person who has spent their whole life trying to overcome it and be slick and social, this really winds me up.
178.
by kayamon 5y ago
Bitcoin has already won; Satoshi proved it in the paper. Its pre-existing longer blockchain has more proof-of-work put into it than the competitors, they cannot overtake it because they're backed by the same underlying asset (energy).
179.
by kayamon 5y ago
> The author wants [...] Here we have an excellent example of the straw man, nice to see still practiced these days.
180.
by kayamon 5y ago
Is there a good reason why the new money doesn't just get sent by mail to every individual citizen equally, rather than being handed out only to large banks?

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