tomputer

17 ms·

31.
by tomputer 4y ago
Full quote from the article: My very humble assessment is that it is worth nothing. It is based on nothing, there is no underlying assets to act as an anchor of safety.
32.
by tomputer 4y ago
The parent post was about trading/selling crypto for money without exchanges. Gold has indeed some other use cases. It is however not possible to send physical gold over the internet. Gold is also difficult to verify. You'll proba
33.
by tomputer 4y ago
Bitcoin is more like holding a piece of gold. If all gold exchanges are closed you can still trade your gold with someone in person. You don’t get your money without ever selling your piece of gold to someone else.
34.
by tomputer 4y ago
FFmpeg and VLC seem to use (lib)x265 for H.265 content. Is a license also required if the x265 codec is used? Or does that depend on whether the software is for commercial use?
35.
by tomputer 4y ago
For almost a decade I have worked with IPsec and OpenVPN solutions for both client and site-to-site VPN tunnels. On enterprise hardware, community/proprietary software and at public cloud providers. I still work with these because toda
36.
by tomputer 4y ago
In the documentary Alone Against the State , five mothers who became victims of the Dutch childcare benefits scandal share the chilling stories of how their lives and that of their children were destroyed by a state system deprived of huma
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by tomputer 5y ago
Same Tweet on Nitter: https://nitter.net/Trezor/status/1510558771944333312
38.
MailChimp compromised by an insider targeting crypto companies(twitter.com)
5 points by tomputer 5y ago|1 comments
39.
Why Investors Need to Consider Bitcoin Separately from Other Digital Assets(fidelitydigitalassets.com)
2 points by tomputer 5y ago|0 comments
40.
by tomputer 5y ago
It depends on how you define the existing money supply. If you look at broad money it does not seem that ridiculous. For example, gold is currently worth $11.5 trillion [1]. That is almost twice as much as the M0 money supply you are referr
41.
by tomputer 5y ago
Can confirm. I just checked Debian 7/8/9/10/11 servers and none has pkexec (or policykit-1) installed.
42.
by tomputer 5y ago
Have a look at: https://bitcoin.org/en/choose-your-wallet
43.
by tomputer 5y ago
I’m unable to read the full article, it looks like a repost from two months ago: https://news.ycombinator.com/item?id=29355447
44.
by tomputer 5y ago
> You're missing the forest for the trees. Bitcoin is broken and will never be more than a speculative asset with no intrinsic value. I disagree. It's off-topic so I'm not going start an endless discussion about intrinsic
45.
by tomputer 5y ago
I don't see why something like insurance needs a token on a decentralized blockchain. The Bitcoin blockchain needs a token because the token itself represents the value (BTC) inside the network. The token is also needed because it add
46.
by tomputer 5y ago
I don't think it's a naive example. All these kind of proposed blockchain solutions raise the same questions for me: Why do you need a decentralized blockchain with tokens to solve that problem? If not for the tokens, what incenti
47.
by tomputer 5y ago
> Use cases like storing the history of a car on-chain, transparent supply chains, public voting... this all sounds interesting but never made it to product-market fit. Anything that does not exist natively on the blockchain doesn't
48.
by tomputer 5y ago
Comparing Bitcoin with companies and software products is not a good comparison. Replacing software or products is not the same as exchanging government-issued fiat money to a new decentralized non-governmental form of money. The transition
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Cash App Integrates Bitcoin Lightning Network for Faster BTC Transfers(cointelegraph.com)
3 points by tomputer 5y ago|0 comments
50.
by tomputer 5y ago
> But why would fuel prices be high in a country with large oil and gas reserves? Not because of Bitcoin miners: https://www.npr.org/2022/01/08/1071198056/theres-chaos-in-ka...
51.
by tomputer 5y ago
Fantastic article. Great read! > Instead of storing the data on-chain, NFTs instead contain a URL that points to the data. What surprised me about the standards was that there’s no hash commitment for the data located at the URL. Looking
52.
by tomputer 5y ago
> It's an unregulated trading product, it's not practical as electronic money. What if Satoshi wanted Bitcoin to be digital cash but with a limited supply like gold? From the bitcoin whitepaper: The steady addition of a consta
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by tomputer 5y ago
> That CSV is actually really interesting. The median wallet holds about $30, the largest holds $10b, and the standard deviation is over $2m. Top 100 Richest Bitcoin Addresses: https://bitinfocharts.com/top-100-richest-bi
54.
by tomputer 5y ago
It looks like they went from too tight to too loose: https://fred.stlouisfed.org/series/BOGMBASE I’m not an economist but that graph looks unhealthy.
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by tomputer 5y ago
This looks great! Signed up for the Box 2 mini because it will be manufactured first. If that works well, I'm definitely interested in the Box 5. I hope this can replace my own poor man's Pi4 NAS which has USB storage attached.
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DST Root CA X3 has expired(crt.sh)
4 points by tomputer 5y ago|1 comments
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by tomputer 5y ago
Someone on Reddit recently explained PoW vs PoS: Besides POW there are other ways to delegate control in a decentralized system. Actually, for a smaller network, POW is not a good consensus mechanism at all, because it is not prohibitively
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by tomputer 5y ago
Didn’t know about real estate trust funds. Thanks! :)
59.
by tomputer 5y ago
These are also a store of value / investments but Bitcoin is different. As far as I know, I can not buy small parts of real estate. Gold supply is not fixed and it’s hard to validate. Companies can go bankrupt. I can not transfer real
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Nginx 1.20.x Stable Branch(nginx.org)
2 points by tomputer 5y ago|0 comments

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