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trixie_
searching PlanetScale…
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211.
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trixie_
5y ago
If only the government had helped Boeing and Ford, they could be as successful as SpaceX and Tesla.
212.
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trixie_
5y ago
WinForms is the spiritual successor to VB6.
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trixie_
5y ago
Did you miss the point? An electric space heater that is also a crytpo miner would be the same efficiency. Theoretically if every space heater right now was also a crypto miner, it would make any dedicated mining operation completely unprof
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trixie_
5y ago
I’m sure it would still generate heat still without doing anything other than plugging it in.. Stick a LTE chip in there as a fallback to mine for the company’s pool. Would probably make enough money to offset the cost.
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trixie_
5y ago
The chips can be less powerful, cheaper, and higher volume because the goal would be to put them in millions of heaters without increasing the base price too much. People buying them would be for heat, not mining. It could be advertised to
216.
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trixie_
5y ago
Technically if all electric space heaters were crypto miners as well then crytpo mining would be well distributed, resistant to attack and unprofitable to mine - win, win, win. Edit: Looks like matheusmoreira below doesn’t understand a 500
217.
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trixie_
5y ago
Take the BMW i3 for example. Compared to any other BMW it is a monstrosity. Seriously were employees put on the i3 project as a punishment?
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trixie_
5y ago
It's interesting to think that before Bitcoin, money really had no digital form that could exist independent of a bank. Like I can store cash in my wallet outside of a bank, and give it to someone else without going through a bank. Th
219.
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trixie_
5y ago
Central banks can barely control their own economies or inflation.
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trixie_
5y ago
Not really, Bitcoins transaction fees, processing times and rate limits have been well known for a decade. If you think Bitcoin was ‘supposed’ to buy a cup of coffee that’s on you. The rest of us have been using it successfully for much big
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trixie_
5y ago
Mt gox happened 8 years ago, and Tether just survived a pretty big test. These things actually build confidence in crypto. FDIC is only possible because the government can print money which underscores the how prone dollars are to inflation
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trixie_
5y ago
Given the thousands of banks, exchanges, services, countries, etc.. holding Bitcoin it’d be practically impossible for any one entity to acquire enough to begin to have any sort of control over the price.
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trixie_
5y ago
Unless you’re implying the banks would be mining as well - that’s the type of centralization Bitcoin tries to avoid.
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trixie_
5y ago
Bitcoin doesn’t need to be used for everyday transactions, just like gold doesn’t need to be either. That’s not it’s strength. It’s strength is a store of value that is highly resistant to fiat type inflation.
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trixie_
5y ago
That’s true, but I think people overall are pretty happy with crypto. You can move more money, faster, cheaper and with way less hassle than a wire transfer. In addition crypto exchanges and services have proven pretty reliable. It really i
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trixie_
5y ago
People don’t transact gold either. It is difficult to transport and verify. Gold is though a reliable store of value as creating more is not easy, just like Bitcoin.
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trixie_
5y ago
Just because banks hold it doesn’t mean Bitcoin is dependent on banks whatsoever.
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trixie_
5y ago
There are cheaper ways to learn 'non-academic things' and 'break out of your shell' than by paying 20k a year.
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trixie_
5y ago
Yes America has many services like that. I’m talking about moving large amounts of money between accounts held at various businesses.
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trixie_
5y ago
I wonder if we follow this forward to potentially large cybernetic organisms roaming space with trillions of us each, if reproduction and death would become a thing. Would we create instructions to self-assemble new independent culture vess
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trixie_
5y ago
You should probably learn the rules yourself before trying to scare people with 'fines and jail time'. This isn't complicated. Reporting requirements are easy to follow and are pretty much the same as they've always been
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trixie_
5y ago
Venmo, PayPal, etc.. but these are closed ecosystems. It is difficult to transfer money between services or even to/from yourself without a bank intermediary. Especially for larger amounts of money things take a lot longer.
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trixie_
5y ago
Have you been asleep because people are absolutely using crypto to move money internationally and legitimately. Governments, exchanges and banks have been working together to update the rules so that reporting is done correctly, that’s why
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trixie_
5y ago
That’s great for you. Where I am I’m waiting for days for money to get into my account and days for money to leave my account. I’m also limited to how much I can send at once. What I’m saying is that crypto has this problem solved right now
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trixie_
5y ago
Crypto is a system that works national/international doesn’t matter. Transfer money in minutes. No banks have to be involved, not because banks are bad it’s just an unnecessary step.
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trixie_
5y ago
No it’s a pain in the ass because the technology is antiquated.
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trixie_
5y ago
No reason your family still can’t use banks. If the banks use stable coins to send and clear transfers then win win. In terms of getting money back from scams even today it’s best practice to use a credit card for that.
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trixie_
5y ago
What about sending money between services that aren’t even banks? Crypto removes the need to have money transfers go through any intermediaries. Which saves time and hassle.
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trixie_
5y ago
First with crypto you don’t need to go through a bank at all. You can hold and send your own money wherever. Crypto is also 100% international. If we wanted to send each other money right now, crypto would be the best way to do it.
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trixie_
5y ago
I’m talking about transferring tens of thousands of dollars. Takes days with a bank, minutes with crypto. Also between services I need to transfer through the bank, I can’t go directly from service to service.
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