meowkit

33 ms·

331.
by meowkit 6y ago
No. What law is being dodged here? Again, no. Brute force Nakamoto consensus is bad for the environment, but lumping all crypto into that bucket is ignorant/intellectually dishonest.
332.
by meowkit 6y ago
1) How does this get enforced? What stops Ireland, Camans, Monaco, or Luxembourg (note: I am not familiar with the most popular tax havens) from continuing to have low corporate tax rates? 2) How to prevent corporations from paying individu
333.
by meowkit 6y ago
There is a shocking amount of "non-human" activity. I think there are definitely bots, but also people that are paid to promote one narrative or another (paid with money or social validation). I've trolled through many a twit
334.
by meowkit 6y ago
Hyperbole. Of course atheism exists, but its used as an engaging opener. Contrary to some other comments in this thread, the people complaining about the literal truth value are the ones falling for the author’s writing technique, not the o
335.
by meowkit 6y ago
As the other guy points out, we have a lot bigger problems than Bitcoin falling. But it likely won't happen at all. Lots of work is being done on quantum proof cryptography[1]. IT systems and crypto can be upgraded to use it. The real
336.
by meowkit 6y ago
One of the biggest mistakes of cryptocurrency was calling it cryptocurrency. Distributed Ledgers have multitudes of use cases. One of them is as a currency, but you don't need the base layer to be a currency. ETH doesn't need to b
337.
by meowkit 6y ago
> The thing about money is that I can hand it to someone. Honestly don’t know if you’re trolling or just old. I used paper money once last year. To buy weed. Because the federal government has determined I am not responsible enough to
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by meowkit 6y ago
The exact opposite. Echo chambers shutdown heterodox thinking, Bridgewater apparently embraces it. They’re filtering out people who are most susceptible to getting stuck in groupthink.
339.
by meowkit 6y ago
“By learning from our mistakes we have successfully failed.” The vibe I’m getting from this thread haha.
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by meowkit 6y ago
No, Foundation seems to be a dapp, so its more like an interface to see the art and transact on it. Its functioning like a brokerage. The art/payment/ownership is all on Ethereum. They claim to be completely noncustodial https:&#
341.
by meowkit 6y ago
Yeah it takes time to design, spec out, test, bugfix, and work on other features. Once you make changes to a chain its not easy to fix without making a huge mess. Hopefully the migration with be done by Q1 2022.
342.
by meowkit 6y ago
Parking is not really a problem for self driving cars. Most people will use them as services. If you want to own one, then its a problem. But by the time individual can buy one I would bet they can just drive themselves around or to a dista
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by meowkit 6y ago
> It's not like there were Wallmart exclusive games, right? Either you’re younger than me or you’ve forgotten about the pre-order content exclusives from different stores. If physical retailers had the marketshare that online distri
344.
by meowkit 6y ago
I agree with the sentiment, but wouldn’t say its so simple as just wire transfer. Its very possible Bitcoin will become a reserve currency/asset for macroeconomic exchange. If its not controlled by any one country or bank, it removes t
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by meowkit 6y ago
This is really an argument between big corps operating on scale + M&As vs. small local businesses. I think we should favor more news outlets than fewer (a specific threshold is a loaded question) that have outsized influence at the loca
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by meowkit 6y ago
I can’t tell if this comment is disingenuous or just naive. We’ve been trying to create less corrupt governments for hundreds of years.
347.
by meowkit 6y ago
Start with a non-Bitcoin crypto and understand its components and how its supposed to work. Most of the core principles carry over to other cryptos. Ethereum.org and the the Ethereum blog would be my suggestions as a primer.
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by meowkit 6y ago
And there are cryptos like Nano that fulfill this original promise. Technology evolves over time. Just because its not perfect at the first go, doesn’t mean it should go in the trash.
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by meowkit 6y ago
Of course its inefficient. Thats the tradeoff. I guess servers are terrible computers too because you can’t carry them in your pocket? Or phones are terrible computers because they can only stay powered for a day or two? Blockchain is horri
350.
by meowkit 6y ago
In my opinion, it expands your creative vocabulary via analysis and synthesis. If you can analyze a riff or a progression, take it apart and identify its melodic, harmonic, rhythmic, and tonal components, then you can use the combos you lik
351.
by meowkit 6y ago
Equivalency of status (power) and equity (wealth). That is not a stable state in our reality though, which is why it falls apart at some point.
352.
by meowkit 6y ago
Yes. China gets more of its energy from renewables than the US does. It is their fastest growing energy sector, and is a stated concern for economic and military security purposes. https://en.m.wikipedia.org/wiki/Renewa
353.
by meowkit 6y ago
https://research.stlouisfed.org/publications/review/2021/02/... Bitcoin may not be around for ever if it isn’t upgraded to be more efficient, but public and private blockchains are here to stay and have
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by meowkit 6y ago
Ok but why . Here is a primer on why BTC and crypto are important to the future of the global financial system. https://research.stlouisfed.org/publications/review/2021/02/...
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by meowkit 6y ago
Paging argument from 2010... You would use Monero or physical cash for those activities. Bitcoin is much easier to trace once you have a lead.
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by meowkit 6y ago
Federated oracles is the answer you are seeking. Essentially build systems to quantify reputation and provide rewards for those that publish data of interest in a manner that can be driven via consensus or through interfacing with an agreed
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by meowkit 6y ago
You write dismissively of capitalism is my first note. Capitalism isn't the boogie man people make it out to be. It's the optimization criteria for increasing financial capital over other forms of capital (natural, labor, etc), an
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by meowkit 6y ago
You’re not. The ToS for Gemini Earn states exactly that you risk losing your deposit. You earn interest on top of the underlying appreciation. Doesn’t seem outdated to me.
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by meowkit 6y ago
> Ethereum is trying to switch mid-flight (yikes) but others like Cardano have incorporated it foundationally. Why yikes? If its a legacy transition, with a flight plan and testing, then it should be fine.
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by meowkit 6y ago
Yes and its a play on that phrase. You don't need to trust people on a blockchain, you have to trust the protocol, and then verify the results.

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