samarama

9 ms·

31.
by samarama 5y ago
For those wondering about interstellar travel in sleeping pods, at room temperature humans could only be “frozen” for 10 years (1% bonds broken) before too much DNA damage would have occurred. However, in temperature below zero at -5 degree
32.
by samarama 5y ago
That’s like dropping half a million dollar in USD and your account number in front of the bank at night when it’s closed and expecting the bank to credit it to your account.
33.
by samarama 5y ago
> and when I say a government controls imagine: slowing down mining, making it illegal, or limiting it in general population, forcing people to declare thei cryptocurrencies, putting a cap on how much one person can hold personally and f
34.
by samarama 5y ago
Bitcoin’s inherent value is 1. Immutability 2. Limited supply 3. Censorship-resistance 4. Independence of governments, nations, banks, institutions, corporations 5. Accessibility You can also pay your taxes in crypto in many countries. The
35.
by samarama 5y ago
That has nothing to do with its value. It’s value is in how robust it’s value it is. It isn’t robust at all and has lost 30% or more of its value since the start of the pandemic if you look at commodities.
36.
by samarama 5y ago
You’re saying that you trust the government a lot in making sure the dollar value stays stale, however, it has lost 30% or more since the start of the pandemic if you look at price increases of commodities, so you are already very wrong. It
37.
by samarama 5y ago
The problem is infinitely printable FIAT, controlled by corrupt and incompetent politicians that is very slow and very expensive to to transact overseas and mutable. The solution is 100x faster, cheaper, more secure, immutable, less prone t
38.
by samarama 5y ago
Ok but then don’t make a chicken farm, there are numerous other animals you can farm and it provides a baseline of food for the poor.
39.
by samarama 5y ago
Sure but 85% of those have loans less than $50,000 and those that have more have entry levels salaries of $200,000 usually. That seems rather small for such a huge debating point?
40.
by samarama 5y ago
Do you have sources for this, because the numbers don’t reflect this.
41.
by samarama 5y ago
Are student loans really such an issue? 85% of graduates have less than $50,000 in student loans. Paid off over 20 years, that’s really not much. https://www.rclco.com/wp-content/uploads/advisory-student-de... Add
42.
by samarama 5y ago
So 100% centralized is the same as 1% centralized?
43.
by samarama 5y ago
Nop, that’s a false dichotomy. As always, it’s a spectrum.
44.
by samarama 5y ago
Not really, they’re both down in The low double digits https://www.imperial.ac.uk/news/232698/omicron-largely-evade...
45.
by samarama 5y ago
Because boostered individuals have a drastically reduced infection risk by 80%. On top of they are 66% less infectious when being infected since they clear the virus twice as fast and 40% of their virus particles are dead. This gives them a
46.
by samarama 5y ago
There is not one entity that controls Bitcoin, thus it is centralized. You can argue about degrees of decentralisation, but it is simply far more decentralised than FIAT. You’re creating an impossible standard, a logical fallacy. Dollars c
47.
by samarama 5y ago
It was never meant to be private or anonymous. You’re creating huge strawmen here. Bitcoin is definitely fungible and decentralised. You’re using a lot of words that you don’t know what they mean.
48.
by samarama 5y ago
The author’s argument is definitely not nuanced, but a a straw man and a false dichotomy. “Web3 is not 100% decentralised, so it’s not really legit.” Web3 or crypto never intended to be 100% decentralised and it is impossible to be so. Ther
49.
by samarama 5y ago
This person doesn’t have any idea how PoS works and all of the people upvoting it don’t either. It’s very astonishing that the HN crowd still doesn’t understand blockchain after 13 years. The article is complete nonsense because: 1. The aut