sashimi-houdini

9 ms·

31.
by sashimi-houdini 5y ago
Bitcoin... where adoption by pariah states (this article) and criminals (elsewhere) is presented as good news
32.
by sashimi-houdini 5y ago
I'm sure the victims from TFA don't see it as a feature, and as such: If crypto-enthousiasts have the right to victim-blaming, I certainly have the right to point out what's going on, no?
33.
by sashimi-houdini 5y ago
#notallhoudinis
34.
by sashimi-houdini 5y ago
Relevant xkcd: https://xkcd.com/538/
35.
by sashimi-houdini 5y ago
"Not your keys, not your crypto" -- but only in the minds of "crypto-enthousiasts" that's a feature rather than a bug
36.
by sashimi-houdini 5y ago
I couldn't help but chuckle at the text "size of bubble = bitcoin mining power" at the top of the charts... one wonders if it is intentional
37.
by sashimi-houdini 5y ago
I prefer the term "Proof of Waiste" ("PoW")
38.
by sashimi-houdini 5y ago
Truly art for art's sake this, and such a beautiful mirror on Bitcoin: I could feel the warmth of a thousand miners coming from my laptop while opening this.
39.
by sashimi-houdini 6y ago
Yes it does. And if/when a large enough player finds it in their interest to mount such an attack, they might very well do it. See https://www.crypto51.app/ for a (somewhat outdated) price chart. Remember the first law
40.
by sashimi-houdini 6y ago
... because it reduces the power China has over Bitcoin ... because it attracts new players to the mining game ... because it will make the argument that bitcoin is bad for the environment weaker I agree, the "any news is good news&quo
41.
by sashimi-houdini 6y ago
It only "worked" by not actually being useful as a globally distributed currency for microtransactions (which was the original promise)