scottmsul

9 ms·

31.
by scottmsul 4y ago
The fastest way there would probably be with a nuclear propulsion engine, as researched in Project Orion. https://en.wikipedia.org/wiki/Project_Orion_(nuclear_propuls...
32.
by scottmsul 4y ago
I've been cooking a lot more recently and it's one of the most enjoyable parts of my day. There's nothing more satisfying than grilling a steak to the perfect amount of doneness, or tossing a bunch of aromatic spices into a p
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by scottmsul 4y ago
Wait, is it 10 other commits, or 10 other pull requests? For medium-sized projects (5-10 devs) it's generally good practice for devs to make a separate branch per feature, make lots of commits on the side branch, then merge the side br
34.
by scottmsul 5y ago
You should make a leaderboard where you can see everyone else's words and scores!
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by scottmsul 5y ago
One thing I would point out is that when calculating r, the equation r=k*G mod N is somewhat misleading. G is not a number, but rather an (X,Y) point on an elliptic curve. There is a way to "add" two points on an elliptic curve bu
36.
by scottmsul 5y ago
Factorio. Cost me $30, played around 1500 hours.
37.
by scottmsul 5y ago
Making money is a good thing. Money can give you freedom and let you live the life you want to live. But to make the most money, you should focus not on the money itself, but rather on providing value. I highly recommend MJ DeMarco's b
38.
by scottmsul 5y ago
Yes, people misuse the terminology to make it sound more negative than it is
39.
by scottmsul 5y ago
I personally only own bitcoin, but obviously there's other opinions out there. The way I see it, the goal of bitcoin is to store value, whereas the goal of other projects is to achieve some non-SoV utility (payments, smart contracts, e
40.
by scottmsul 5y ago
We're still insanely early. Given bitcoin's monetary properties, a $1T market cap is ridiculously small.
41.
by scottmsul 5y ago
>The majority of that group can't even easily come up with $1,000 in the case of an unexpected financial emergency. They could if they had been saving in bitcoin :)
42.
by scottmsul 5y ago
This is great news. As a major bitcoin holder, I still have to keep some cash in a traditional bank to write checks, receive payroll, and use a debit card. A bitcoin bank would allow me to store that last remaining % in BTC.
43.
by scottmsul 5y ago
On HN if you try to post anything even remotely positive about bitcoin you get downvoted to oblivion, so it usually doesn't feel worth posting. For an introduction about El Salvador I highly recommend Jack Maller's talk where he m
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by scottmsul 5y ago
Haha as someone who listened to the entire Twitter spaces chat last night, it's amazing how ignorant HN is about what's actually happening on the ground in El Salvador.
45.
by scottmsul 5y ago
This is interesting, I would have expected a loss. I recall MSTR had to report a loss in 2020 even though it went up a lot, due to how GAAP works with bitcoin. Basically if you buy bitcoin (or any property) at $X, then it dips to $Y, then g
46.
by scottmsul 6y ago
Bitcoin enthusiast here. Pretty surprising how antagonistic the HN crowd is to bitcoin.
47.
by scottmsul 6y ago
Overcollaterization and multi-sig. For example on HodlHodl you can lend USDC where the borrow posts more collateral than the loan. The lender, borrower, and HodlHodl each own one key in a 2-of-3 multi-sig. If there's a dispute then Hod
48.
by scottmsul 6y ago
The way I see it, dollars and bitcoin are two competing forms of money. To calculate the equilibrium market cap of bitcoin, multiply each person's net worth by the fraction they wish to allocate to bitcoin and sum over the population.
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by scottmsul 6y ago
Michael Saylor pulled the same move six months ago and explains it really well. Highly recommend watching any of his interviews. The one with Preston Pysh is particularly enlightening. Essentially bitcoin is a really good store of value wit
50.
by scottmsul 6y ago
As a bitcoiner myself, I like to think of dollars and BTC as just two currencies. Buying BTC is equivalent to selling dollars. If you think that BTC is the better money, it makes sense to move into it and stay there perpetually.
51.
by scottmsul 6y ago
Will Kraken provide bitcoin savings accounts? I'm thinking something where you deposit some BTC, it gets loaned out for several months to a year (and you're not allowed to withdraw during that time), and you get paid an interest r
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by scottmsul 6y ago
I disagree. Renaming "pull requests" to "merge requests" isn't politically motivated, whereas this is a top-down change from political activists. I'm worried that society might go down a path where people can&#
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by scottmsul 6y ago
This article misrepresents just how much of the economy it's made up of these IOUs. If you deposit $100 and there's a 10% reserve requirement, that doesn't mean the bank can loan out $90. Rather, they can loan out $1000 since
54.
by scottmsul 6y ago
I agree, and I've put quite a lot into bitcoin recently due to the halving. But that was only after reading and understanding everything I could about the bitcoin markets. From the outside it definitely seems like a crazy speculation.
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by scottmsul 6y ago
What's going to stop me from using bitcoin for everything, and then exchanging some into dollars at the last second to pay my taxes?
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by scottmsul 6y ago
The technology should exist by now for a decentralized twitter right? Resorting to email newsletters seems very clunky. Couldn't there be something that uses a bittorrent-like protocol, where the followers support the network for whome
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by scottmsul 6y ago
We don't need the entire system to collapse for bitcoin to become mainstream. This can occur with slow integration. It's probably a good thing the halvings occur every 4 years since these tend to drive bull cycles, and are spaced
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by scottmsul 6y ago
A cardiotoxicity paper from the WHO in 2017 said the following: "Despite hundreds of millions of doses administered in the treatment of malaria, there have been no reports of sudden unexplained death associated with quinine, chlor
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by scottmsul 6y ago
HN discussions from past halvings: 2012 - https://news.ycombinator.com/item?id=4842947 2016 - https://news.ycombinator.com/item?id=12061618
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by scottmsul 6y ago
I think the stock to flow model is a little silly. S2F and price are both coincidentally exponential, it's like the old pirates vs global warming joke. That being said I do believe there's a chance the halvening isn't fully p

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