trident1000

10 ms·

31.
by trident1000 6y ago
Layer 2 is mostly likely just going to be centralized services like Paypal and cash app. There will be several options now and in the future really.
32.
by trident1000 6y ago
Theres a few issues here. One is that Bitcoin is largely a settling layer where batched transactions occur. Its not 1 transaction per tx even right now. Layer 2 networks of all kinds are handling the vast majority of traffic of bitcoin.
33.
by trident1000 6y ago
Many people in the US and elsewhere dont even know what that is. Know whats way easier? Holding a global non-inflatable reserve currency and forgetting the rest of the BS.
34.
by trident1000 6y ago
Cash is a bad savings vehicle not because its based on trust, but because they keep printing more of it and it already reached price maturity in terms of market cap (its saturated in how many people keep wealth in it, especially as an infla
35.
by trident1000 6y ago
Also means people can save without needing to be financial wizards to not lose much of what they have over their lifetimes. Keeping what you earn in real terms over a lifetime should not be as complicated as it is today.
36.
by trident1000 6y ago
People with college degrees get more arrogant and indoctrinated than educated (I graduated from a top university). Almost everything useful I know was attained outside school.
37.
by trident1000 6y ago
Sometimes a narrow lane is found in social media in general, but I would argue the competition is still minimal or non existent for crossing lanes. For instance Twitter and snapchat and Tiktok are very different. I view the social media l
38.
by trident1000 6y ago
I think those are the optics because it never took off so it looked half-assed but they made an effort (Google+ was also launched a long time ago so it looks antiquated by todays standards). Maybe a better argument is that its been decades
39.
by trident1000 6y ago
I would definitely recommend using 2 email addresses. Pick one for your important stuff and another for spam (give this out to merchants and what not). Protonmail works but there are others. Also realize that you are not going to self de
40.
by trident1000 6y ago
Its been a long run with gmail but I'm going to make the full leap to protonmail pretty soon. It takes a little work to migrate things but I just cant stand gmail for so many reasons now. And after Google pay thought it was a good ide
41.
by trident1000 6y ago
They have every right to do it legally and you're right that the rules will probably change. People say "just go and make another platform" but Google literally tried and failed to make their own (Google+). If they cant do
42.
by trident1000 6y ago
Theres a lot of predatory pricing now with these algos (not in the legal/official sense of the phrase which is to undercut competitors). For instance I noticed that I was being charged 6x compared to others for something that I freque
43.
by trident1000 6y ago
What semantics? They were granted immunity with regulation and that regulation/immunity can be taken away.
44.
by trident1000 6y ago
Really this is patchwork on what needs to be a major regulatory overhaul. Things that need to be addressed: no advertising to kids, mob control, fake accounts/social manipulation, free speech, transparent and auditable algorithms (scre
45.
by trident1000 6y ago
Well removing section 230 would actually be deregulation and clarifying the interpretation is just enforcing whats already in place. 230 is legislation that protects tech companies currently. But they are acting as publishers and not plat
46.
by trident1000 6y ago
People dont really understand how dangerous of a situation were in right now. When big tech platforms can amplify or decrease thoughts, sources, and even political candidates voices, they literally decide politics. Democracy is being chal
47.
by trident1000 6y ago
Its also because the fed has flooded the market with cash and at the same time reduced bond yields to near 0%. There's nowhere for cash to go. And if you sit in cash it slowly becomes worthless over time.
48.
by trident1000 6y ago
Companies only want regulation when it boxes out competitors.
49.
by trident1000 6y ago
I know you were just joking but I wanted to take it as an opportunity to expand my point. And for record I only have 3k.
50.
by trident1000 6y ago
If you want free speech you need to learn to live with free speech. That means not believing everything you see, critically thinking, and actually vetting the sources yourself. Its a societal process that plays out over time. The answer
51.
by trident1000 6y ago
Absurd. Who are the arbiters of truth and what can and cannot be said? There is no such thing as almost free speech in a free society except perhaps for clear cut physical threats. Also big tech is going to end democracy as we know it unle
52.
by trident1000 6y ago
This story is exactly why he hasnt released his taxes
53.
by trident1000 6y ago
We have no information on this except what the NYT's reports in half truth. For instance if there was a time gap between reporting that could cause a mismatch as finances change over time. You can also have retroactive amendments as
54.
by trident1000 6y ago
The story headline that was coordinated and gaslight was "trump didnt pay any tax". Everything else was anecdotal, I didnt look into this specific matter because I was rolling my eyes from the start. If they cant be honest about
55.
by trident1000 6y ago
None of them are serious. NY Times made a big deal out of trumps taxes when everyone knows depreciation offsets revenue in real estate, its 101 stuff. You get taxed when you sell the asset which happens infrequently but in large magnitude
56.
by trident1000 6y ago
I mentioned several noteworthy people and institutions making an investment to demonstrate a trend. "its mostly a popularity/buzz game" yeah thats how value networks work. From gold to cash to facebook.
57.
by trident1000 6y ago
Sounds a little dramatic (especially since 50 million isnt moving the price single handedly). Also stock buybacks are essentially the same thing (if you were to call it a conflict of interest) and almost every company in existence does tha
58.
by trident1000 6y ago
Theres people who use it for certain things, like PornHub just started accepting BTC payments. But there has never been more institutional and high net worth interest in BTC than now as a value store and adoption for a global reserve curren
59.
by trident1000 6y ago
Yes, literally burned down..with fire (and looting, and making it unsafe for business). There are parts of this country that are not coming back economically for a decade after what happened. Did you have your eyed closed through the whole
60.
by trident1000 6y ago
Well antifa and extremist sections of BLM just burned down half the cities in America and shot a guy in the back of the head recently...so examples are out there. Why is it so hard to reconcile that extremists are on both sides and we have

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