martinko

8 ms·

31.
by martinko 5y ago
The issue with reserves is that they are not money, they have no way of getting into the real economy, they just sit on bank's balance sheets. At the end of the day, its up to commercial banks to create new, spendable money. The whole
32.
by martinko 5y ago
> I got a generic picture of the milky way for any prompt I tried You need to uncheck "segmentation" and check "text"
33.
by martinko 5y ago
I suspect that they see the right to repair movement and are trying to preempt it, at least to an extent.
34.
by martinko 5y ago
Economists would argue that the 'printed' money is actually reserves at the central bank, and thus has no impact on price levels. I myself am less certain about the overall dynamics.
35.
by martinko 5y ago
I take it the number was fake and that he lost his money.
36.
by martinko 5y ago
No, the real bills that back the money should still be sitting in the bank (although some people would question this, given that we are talking about tether. Only the token representation has been frozen.
37.
by martinko 5y ago
To be fair, they never claimed to be anything else, just a conduit to allow seamless transfers of usd value on the blockchain, while they hold the actual funds (applies to all non-algorithmic stables).
38.
by martinko 5y ago
Don't know about USDC, but USDT almost instantly locked the funds, making them unspendable.
39.
by martinko 5y ago
You can interact with the contract directly on the eth chain. Likewise you can create a new gui/domain to interface with the contract.
40.
by martinko 5y ago
> Samourai Wallet automates most of these and offers obfuscating tools. And does not have a desktop client. Next to useless.
41.
by martinko 5y ago
Economics. If miners consistently ignore certain transactions, there is space for new miners to enter the market and earn super-normal profit. After the next difficulty adjustment cycle, the old, censoring miners may be priced out.
42.
by martinko 5y ago
https://bitcoinmagazine.com/culture/check-your-financial-pri...
43.
by martinko 5y ago
This is a very first world take.
44.
by martinko 5y ago
Not sure you realize who you're debating regarding the mechanics of Bitcoin forks...
45.
by martinko 6y ago
Maybe the API only returns HTML ;)
46.
by martinko 6y ago
You've got it right. That being said, I dont think anyone realistically expects 1m / btc this decade.
47.
by martinko 6y ago
Its not correct. The network spends this energy either ways, and it not only allows transactions to happen but it is integral to securing funds that are not moving. Dividing the energy consumption by number of transactions is therefore nons
48.
by martinko 6y ago
I've been making the switch (slowly) over the past year. Had a gmail from the early days, when it was invite only. Now moving to a combo of protonmail + custom domain, and I couldn't be happier.
49.
by martinko 6y ago
Nonsense. If this were the case then tether could not trade at par.
50.
by martinko 6y ago
Yes, you are mad to think that. You literally have 400k users trying to execute trades in parallel (some many per second) on a common order book. Add leverage, a liquidation engine, etc.
51.
by martinko 6y ago
Are you kidding me? Kraken is down/laggy even more than coinbase (still think its the best choice for converting fiat to and from btc in europe, but come on :))
52.
by martinko 6y ago
While true, you're being very generous.
53.
by martinko 6y ago
Don't want to get into an argument about crypto currencies, but the value proposition of BTC is different. What is not replaceable by a simple DB is it decentralization and resilience to attack, its resistance to seizure and its incorr
54.
by martinko 6y ago
Because you might as well just use an SQL database
55.
by martinko 6y ago
How is the latency? Do you feel any lag when moving your mouse / character?
56.
by martinko 6y ago
Stuxnet should also get a honorable mention (:
57.
by martinko 6y ago
You don't need to reverse minikatz, it's open source.
58.
by martinko 6y ago
Theyre called Fuckingers
59.
by martinko 6y ago
You and your fucking jokes.
60.
by martinko 6y ago
Works for me

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