olalonde

29 ms·

751.
by olalonde 2y ago
> But Bitcoin qua payment network is/was a major part of the Bitcoin value proposition—what a Bitcoin _is_ is an entry in a distributed ledger. I know that's what hardcore Bitcoiners have typically pushed for, but I personally
752.
by olalonde 2y ago
It's not convenient to use "Bitcoin the payment network" for everyday financial transactions, just as it's not convenient to use the "USD the payment network" (e.g. the Federal Reserve ledger) for everyday fina
753.
by olalonde 2y ago
It was not an attempt at humor.
754.
by olalonde 2y ago
Not very "liberal", at least not in the classical sense.
755.
by olalonde 2y ago
What gave you the impression that Trump was libertarian/pro free market? As far as I know, he's always been a fan of protectionism.
756.
by olalonde 2y ago
https://wtfhappenedin1971.com/ might temper your enthusiasm towards modern fiat currency.
757.
by olalonde 2y ago
They've needed IMF loans for decades, this is unrelated to Bitcoin: https://www.imf.org/external/np/fin/tad/extarr2.aspx?memberK...
758.
by olalonde 2y ago
You're also conflating two distinct concepts: "Bitcoin the currency" and "Bitcoin the payment network." The currency itself can be used independently of its base-layer network, which is intentionally slow and costly
759.
by olalonde 2y ago
They also use USD as legal tender. Is their USD experiment a failure too?
760.
by olalonde 2y ago
They're not giving up on Bitcoin. In fact, it's likely that they'll use the loan to buy more Bitcoin. https://www.reuters.com/markets/currencies/el-salvadors-bitc...
761.
by olalonde 2y ago
If they had high instrumental rationality, they would be effective at achieving their goals. That doesn’t seem to be the case - by conventional standards, they would even be considered "losers": jobless, homeless, imprisoned, or o
762.
by olalonde 2y ago
> Actual Nazi's however were celebrating it. I think they are pretty good at recognizing their own, no? They're not a very bright bunch actually.
763.
by olalonde 2y ago
So your theory is that Elon is a Nazi that finances a Jewish state and NGOs devoted to antisemitism? Doesn't seem very Nazi of him.
764.
by olalonde 2y ago
The prime minister of Israel and the Anti-Defamation League disagree that it was a Nazi salute.
765.
by olalonde 2y ago
> knows he's smart enough to understand how his salute would be perceived That assumes his salute was a deliberate, calculated act rather than an impulsive gesture in the heat of the moment. Given his visit to Auschwitz, his public
766.
by olalonde 2y ago
Interesting insight into Elon Musk but whether or not he actually meant to do "Nazi salutes" seems like speculation.
767.
by olalonde 2y ago
There is a well-documented correlation between gender dysphoria, mental health conditions, and autism spectrum disorder. These overlapping factors may contribute to increased vulnerability to manipulative groups, such as cults.
768.
by olalonde 2y ago
> By the same token, the ability to dismiss an argument with a “that sounds nuts,” without needing recourse to a point-by-point rebuttal, is anathema to the rationalist project. But it’s a pretty important skill to have if you want to av
769.
by olalonde 2y ago
That answer is largely factual: https://worldpopulationreview.com/country-rankings/countries...
770.
by olalonde 2y ago
> People use dirty bills all the time with no issue, too. Indeed. But cash is easier to seize: you just need to know where it's stashed vs crypto where you need to know where it's stashed + know a secret password/pin that
771.
by olalonde 2y ago
You can keep a 5000$ account that you refill once in a while by selling Bitcoin. The seizable amount becomes 10x smaller.
772.
by olalonde 2y ago
"Tainting" is a made up thing, people use "tainted" coins all the time without any issue. Crypto is occasionally being seized, mostly from poorly informed criminals, but it still requires a lot more work than seizing a b
773.
by olalonde 2y ago
Because crypto is hard to seize... Once the ransom is paid, good luck getting it back.
774.
by olalonde 2y ago
Bitcoin fixes this.
775.
by olalonde 2y ago
If it's true, how is it problematic? It seems aligned with their mission: > We will attempt to directly build safe and beneficial AGI, but will also consider our mission fulfilled if our work aids others to achieve this outcome . &
776.
Complete hardware and software setup for running Deepseek-R1 locally(twitter.com)
250 points by olalonde 2y ago|192 comments
777.
by olalonde 2y ago
The observation that the least regulated markets are typically the most competitive ones and that large companies rarely tend to maintain their lead over long periods of time. And at least one Nobel Prize-winning economist agrees with me:
778.
by olalonde 2y ago
Wrong. Also, none of the companies you listed are monopolies.
779.
by olalonde 2y ago
Standard Oil: Its monopoly was already crumbling before antitrust action. By 1911, market share had plunged from 90% to 64% as competitors like Gulf/Texaco emerged and new oil fields broke its grip. Carnegie Steel: Government intervent
780.
by olalonde 2y ago
Government non-intervention doesn't typically lead to monopolies. What monopoly are you referring to?

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