nprz

12 ms·

91.
by nprz 5y ago
Yes, that’s how the btc network works, that’s what censorship-resistant means. You would primarily transact on a payment layer, which true, may not have all the features of the base layer. But you also have the ability to opt-in and transa
92.
by nprz 5y ago
All of those features remain intact, even with the eventual creation of a payment layer. There is nothing to prevent someone from transacting directly on the blockchain.
93.
by nprz 5y ago
There is utility in the bitcoin network that is not found in existing financial systems (censorship-resistant, seizure-resistant, borderless, and pseudonymous). And If you are thinking about the energy consumption of btc on a per transactio
94.
by nprz 5y ago
Is it a competitive job market? I've been interviewing SWE candidates at my current workplace for some time and it feels like the org is competing for developers more than developers are competing for jobs.
95.
by nprz 5y ago
Some how the democratic party is in favor of prohibiting the use of menthol cigarettes, but they're also in favor of legalizing marijuana? Very weird.
96.
by nprz 5y ago
Reason behind the 10% sell off according to Elon https://twitter.com/elonmusk/status/1386821144037236737?s=20
97.
by nprz 5y ago
It's illegal to purchase a stock and announce you purchased said stock?
98.
by nprz 5y ago
> crypto is a very easy way to launder and move money outside of the government's view I so often here the complete opposite, that the blockchain is all public and provides no anonymity at all. No one can make up their mind on why t
99.
by nprz 5y ago
Nearly every BTC post on HN is filled with comments deriding the usefulness of the currency, and yet we still pretty frequently see governments attempt to ban and outlaw the use of cryptocurrencies. Why are governments spending energy and e
100.
by nprz 5y ago
And interestingly, that number has been steeply increasing since 1980 https://i.imgur.com/6eiPP3z.jpg
101.
by nprz 5y ago
I'm not sure how the HN ranking algorithm works, but https://news.ycombinator.com/item?id=26880262 seems to have been removed from the front page despite receiving 350+ upvotes within an hour of posting.
102.
by nprz 6y ago
Why would people want this? With the recent concerns of censorship and getting locked out of platforms this just feels like handing even more power to some central authority that can suddenly decide who can and cannot browse the web.
103.
by nprz 6y ago
Even if it's technically feasible to implement I imagine the population would not respond well to the government seizing millions of fortunes overnight. I would guess public opinion toward btc is fairly neutral or positive at the momen
104.
by nprz 6y ago
> remember that they probably do have their assessment of your own best interests in mind. Think of them as an overprotective parent, not as an enemy. Tell this to thousands of Americans who lost their jobs from international trade agree
105.
by nprz 6y ago
The stimulus checks could have come from taxing the wealthy, they did not. They came in the form of money printing which will eventually result in inflation, and will disproportionately effect the less well off who hold their money in cash
106.
by nprz 6y ago
Significantly improving the loading time, an allegedly huge gripe for many players of the game, and given no other dev was capable of improving the load time, that is a huge amount of value provided. And yes, given how successful the game w
107.
by nprz 6y ago
Considering how much this game made, 10k is nothing. > Extensively marketed and widely anticipated, the game broke industry sales records and became the fastest-selling entertainment product in history, earning $800 million in its first
108.
by nprz 6y ago
Admittedly I got in from a greed perspective, but as I read more about the philosophy of bitcoin I stayed for a distributed, censorship-proof currency. Why do I need permission from a central authority to send and receive money? Why do we a
109.
by nprz 6y ago
We can (and China already does) use energy that would otherwise be wasted to mine bitcoin: https://twitter.com/nic__carter/status/1369007894969122816?s...
110.
by nprz 6y ago
Remind me again what currency was used on the Silk Road for purchasing illicit goods and services. And how many of those vendors were prosecuted by the US gov?
111.
by nprz 6y ago
Only recurring dream I have is I'm back in college and it's the end of a semester, suddenly I realize there's some math class I haven't been attending and I have just a few days to cram everything I've missed in tim
112.
by nprz 6y ago
I honestly don't think many of these people are even capable of downloading an email attachment.
113.
by nprz 6y ago
You don't think journalists should follow some sort of publicly stated code of conduct or held to a higher standard than an anonymous poster on 4chan when it comes to revealing an individual's personal info?
114.
by nprz 6y ago
Do you realize that when covering chapo trap house the NYT referred to Virgil Texas by his pseudonym rather than revealing his real name, which he prefers to keep private? It's just as easy to find his name online and it's often m
115.
by nprz 6y ago
You'll notice users of the silk road who were risking life in prison used BTC, not credit cards, as their form of payment. If it truly was trivial to link a wallet to your IRL identity every user of the site would have been charged wit
116.
by nprz 6y ago
Who cares? You have the option to completely anonymize your transactions with BTC, this option does not exist with credit cards, in fact you have no idea who is doing what with your data. If privacy is your concern, BTC is the superior opti
117.
by nprz 6y ago
You are fooling yourself if you believe using a credit card affords you any kind of privacy. https://www.aclu.org/blog/privacy-technology/consumer-privac...
118.
by nprz 6y ago
Yes, but the option is there. How does one protect their identity with a credit card transaction? The argument that BTC is not private doesn't seem to hold up.
119.
by nprz 6y ago
This is the 3rd story I've seen on the front page today about the environmental impact of mining BTC. Interesting.
120.
by nprz 6y ago
How come so few Silk Road market place vendors were arrested if it decreased privacy? Many people on the SR were just everyday users. I don't think the argument that it's a step down in privacy is valid at all.

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