ric2b

45 ms·

511.
by ric2b 6y ago
Conversely, Bitcoin doesn't need more energy (in any significant quantities) when transaction count goes up.
512.
by ric2b 6y ago
And you make that assumption based on what?
513.
by ric2b 6y ago
There's no reason why you can't have those same systems on top of Bitcoin. For some applications they can be safer, like openbazaar vs ebay.
514.
by ric2b 6y ago
> If my bank switches to bitcoin only, I still need a bank. For loans and other financial products, sure. Not for securing your money or transacting with other people or making payments to companies.
515.
by ric2b 6y ago
The useful value is the increased security from larger threats.
516.
by ric2b 6y ago
> Yes, it is > will
517.
by ric2b 6y ago
The ones involved in the mania were, actually. Those types of tulips don't exist anymore.
518.
by ric2b 6y ago
And here I am, had to spend like 4h just to get curl to work properly in a docker container (with the right path, env vars, logging to stdout and schedule controllable from a docker-compose file's env vars). It sure would be nice if th
519.
by ric2b 6y ago
Did you mean BitClout, on your last paragraph?
520.
by ric2b 6y ago
> Speaking of the movie industry, it's very likely that if that day ever does come when Tom Cruise actually looks his age, the on-film Tom Cruise will not. Young actors of future generations will face competition from AI-generated l
521.
by ric2b 6y ago
> The current trend towards heaping massive quantities of low-value undifferentiated product in a heap at the feet of the consuming masses is wonderful if your metric is quantity. But filtering for quality should be the job of critics&#x
522.
by ric2b 6y ago
> If you read the book it’s clear communism, fascism, democracy and capitalism are really religions too. They require belief in a super human order - a set of laws that exist without backing in science or human agreement. E.g. “All men a
523.
by ric2b 6y ago
Imagine if one of those also gets stuck while turning around.
524.
by ric2b 6y ago
So other people acknowledge the problem, provide a solution, and your response is to say "that is selfish libertarian propaganda, the real solution is some magical evolution"?
525.
by ric2b 6y ago
Simpler to write, batteries included and with better performance (in both bundle size and runtime performance) than React.
526.
by ric2b 6y ago
Which western doctors were arrested for raising awareness about covid?
527.
by ric2b 6y ago
> Gold has a use But I won't be happy if people stop buying gold and all I can do with it is sell it to some electronics manufacturer for 1% of the price I paid for it. > dollars are backed by a government Sounds great, what can
528.
by ric2b 6y ago
But 99% of companies aren't considered too big to fail.
529.
by ric2b 6y ago
The fact that this is being done to cover up the past of a specific person who's an employee of reddit strikes me as novel, weren't the previous examples about much more general topics like covid denial?
530.
by ric2b 6y ago
So that metric is really bad because almost every Bitcoin wallet only uses each address once, for privacy reasons. Most of those bottom 98% of addresses probably have very small amounts and are just a small part of someones wallet.
531.
by ric2b 6y ago
Or gold, or dollars, or art, etc.
532.
by ric2b 6y ago
Sounds like a tiny portion of ETH's daily volume ($23B). I'm not sure if it would even noticeably move the price.
533.
by ric2b 6y ago
Is that relevant? Neither of those systems have an energy usage that is directly proportional to transaction count, _especially_ Bitcoin.
534.
by ric2b 6y ago
That's like saying that if my lamp uses 3W when I'm at my desk, surely it'll use 6W when I call someone over. Blockchain energy usage is not really proportional to transaction volume, they're only connected in very indir
535.
by ric2b 6y ago
Pretty sure that's only for individuals.
536.
by ric2b 6y ago
> Bitcoin doesn't. We can ban bitcoin tomorrow, and not a single person will be seriously inconvenienced, other than speculators. Sure, let's also ban all motor racing, tourism, recreational shopping, etc. It's a big waste
537.
by ric2b 6y ago
I'm sorry but I still don't get it. Why is referring to people by their state not enough? It's more or less equivalent to nationality in Europe. Why is race necessary or useful in the same way?
538.
by ric2b 6y ago
The game is played by millions of people, we don't need to wonder if there were a lot of more important bugs, this has been by far the most complained about issue for many years. > This one escaped, because stuff happens. No, they m
539.
by ric2b 6y ago
None of what you said is special about mining. If a factory increases efficiency by 10% it will simply produce more of whatever it makes as long as there's demand for it. And then other factories have to up their game. Also the higher
540.
by ric2b 6y ago
I don't understand how what you said is in disagreement with my claims. Yes, miners try to use their machines as much as possible, like any other business, but they still try to it as efficiently as they can. Undervolting chips to incr

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