nske

13 ms·

61.
by nske 9y ago
Sure, but when someone says that, what does it mean really? Market is the best process we have for determining relative value, just like science is the best process we have for determining truth. But let's not take this for granted an
62.
by nske 9y ago
No, you see that's not Bitcoin. That's how different numbers of people perceive or use Bitcoin at different times. Bitcoin is ever adjusting and changing, often making short-term sacrifices and failing to meet certain expectations
63.
by nske 9y ago
Well, I'm happy with neither of the two because in their exremes they are both disastrous and disempower individuals. Who knows, if the monetary system had been out of central control from the beginning, there might had never been a fi
64.
by nske 9y ago
> If the most dramatic consequences you had to face from the past decade policies, you're probably pretty affluent among the Greeks I don't live in Greece any more but no, I was earning a slightly above average full-time wage
65.
by nske 9y ago
I'm not going to pretend I understand the intricacies of managing a modern economy in times of crisis and I can't argue with your historic examples. There are clearly problems that would require different solutions in a decentrali
66.
by nske 9y ago
Interesting information. I just think that the benefits of a trustless system are such that will warrant working around any downsides -even though we're not there yet.
67.
by nske 9y ago
Unfortunately with governments it's no longer about what makes sense but about what they can get away with. Much like you can expect a giant for-profit business to do anything to maximize its profit, one can expect a government to do w
68.
by nske 9y ago
Slightly off-topic but something doesn't have to be hacked to be compromised. In my book, manipulation by government for political or plain self-interest reasons counts as compromising.
69.
by nske 9y ago
Funny that you mention that because people in many countries panic daily over the loss of their life savings in banks or government-backed hard currency. They have seen them vanish to a scale that can't even compare due to corruption,
70.
by nske 9y ago
> incapable of robustly facilitating a global amount of transactions without centralization in banks/hubs/wallets/exchanges Banks/(3rd party) Wallets/(3rd party) exchanges is centralisation. Lightning network h
71.
by nske 9y ago
It's not just a new form of exchange, it's a new way of storing and transfering ownership and value in an immutable way -even by the most powerful entities of the world. For the first time in history the separation of state and ec
72.
by nske 9y ago
Plus the programmability features of Bitcoin open up some other interesting possibilities -such as setup multi-signature wallets each in a different physical location.
73.
by nske 9y ago
It wouldn't be the first time in the history of Bitcoin and it might actually be a good thing. People should start seeing Bitcoin as something else than an easy profit highway.
74.
by nske 9y ago
a) Precious metals are not portable enough. With Bitcoin someone can transfer any amount of value within a few minutes to the other side of the globe (and no-one can stop you from doing so). b) Precious metals are too reliant on physical se
75.
by nske 9y ago
"what is the most well tested and carefully developed payment system today that allows me to have complete control of my funds without having to trust any third party?"
76.
by nske 9y ago
It has been true multiple times throughout history. Every time some negative feedback kicks in changing the rules of the game enough for a certain balance to exist. If anything, it seems this balance tends to improve every time -although it
77.
by nske 9y ago
hmmm optimising it for the largest subset of people in which that is feasible and eliminating the rest sounds like the way to go :) Or perhaps "alter" all people in a way that makes it feasible? Solutions could be numerous for a h
78.
by nske 9y ago
Well, it was designed for by a company targeting enterprise customers. I guess this feature would be secondary for that market.
79.
by nske 9y ago
It might be what you say, but in many cases it might also be a necessity. I built my first array with 10x1TB disks (starting with 3) for my home server when I was a student/got my first job and could only afford one disk every now and
80.
by nske 9y ago
You don't have to; If you would be hosting the archived material yourself anyway, there is no negative I can see in doing it through a P2P network. Long-term storage could still depend on you and any other users helping with any of the
81.
by nske 9y ago
I don't see a problem in splitting all these domains to an "applied" school, that focuses research into evolving solutions that currently seem effective in approximating answers for certain engineering problems, and a more th
82.
by nske 10y ago
Clean of what though? Burning emissions have an actual impact on the environment, so yes, "clean" does make sense in this case. Vegetable glycerine vapour does not.
83.
by nske 10y ago
Noise ordinances to the measure that the noise becomes really disruptive, as in, people can't sleep or function because of it. That is reasonable and regulating is happening only to the extent necessary to prevent this. If it was handl
84.
by nske 10y ago
Vehicle exhaust is regulated only because it has been proven to be harmful. Why should something be regulated otherwise?
85.
by nske 10y ago
We have no reason to believe they would be a health hazard. Vegetable Glyrecin is approved for food consumption, most flavour concentrates likewise and, nicotine, well, at worse it could raise someone's blood pressure a bit, but due to
86.
by nske 10y ago
I guess it makes sense, AUTO-MDIX is easy enough to be implemented and can save time from a lot of people.
87.
by nske 11y ago
Scary that something so important will be determined by the perception of the vast majority of the public, who has no understanding of what's at stake. To most people arguments like "it will help us find terrorists and pedophiles&
88.
by nske 11y ago
In fairness, I think the best way to fix (a), (b) and (c) would actually be by automated buses or trains, that would enforce reasonable limitations strictly, without the possibility of negotiation. i.e. the passenger would be prevented from
89.
by nske 11y ago
If all cars were self-driven and there was a system that allowed them to exchange information, negotiate decisions, etc with all cars in proximity, that would be the ultimate vision safety-wise. I expect that we'll live to see that day
90.
by nske 11y ago
Before googling Randi's name with some relevant keywords I had no idea about the amount of people past puberty that are behaving like this. I was about to say that I'm glad I've never met their kind, but then I remembered tha

More ›