Viewing profile — AureliusMA

You might want to look into the difference between : positive reinforcement, negative reinforcement, and type 1/2 punishments.

Most bank transfers cannot be reversed without agreement between parties. You're using a b2c mindset for a b2b problem. Bitcoin is a b2b tool.

I’m not a fan of using a brand name, but I chuckled!

Points are starting to be made in favor of value, to the contrary of what you are affirming. Specifically because the new open weights models lower the TCO of hardware in an enviro…

If you can do inference on the CPU, drop the GPU : it should be faster.

It provides information that's not accurate.

The authorities heavily regulate penny stocks since Boiler rooms.

There is no value generation in trading stocks either beyond IPO, as stocks are then simply second-hand markets and can be completely irrational. The main value is just like the lo…

The only winners are the market makers and the ones initiating insider trading. You'll always be on the wrong is of the liquidity when trying to ride alongside scammers.

This is like saying that "Supersize me" is free publicity for MacDonalds.

The betting contract depended on the Oracle's data for resolution. The Oracle's data was altered. The betting contract wasn't altered, however the social contract was.

Running computer power costs a lot more than thin air.

It's very usable. It's just not the PoS some expected.

Don't forget about the pineapple fund : https://en.wikipedia.org/wiki/Pineapple_Fund Also wall street never considered it seriously until a few years ago.

We are very far from 2140, the year the last bitcoin will be mined. 15 years is nothing, this is a very long term paradigm shift.

You would be surprised at how efficient cryptocurrency mining is compared to other ways of storing value. And most improvements happen to reduce the overall cost of securing value …

Agreed with your explanation. I would add a different way to make sense of it. Proof of work allows for what Keynes called "Bancor". BTC is succesful because unlike fiat central ba…

Bitcoin Cash's value begs to differ.

Lyn Alden is great. Andreas Antonopoulos is also a great educator.

Fiat money is proof of stake, except the failure mode is economic collapse or military collapse.

There are mechanism in place to prevent attacks, that require more than 51% control of staked ETH. The team behind ETH probably stayed on PoW for a long time to build the market ca…

There was a proposal on Ethereum that didn't succeed (progpow) since they were already in the late stage of transitionning to PoS. Ethereum did quite a good job at keeping asic adv…

Don't forget to ask for consent about being in the same room, before getting in the same room!

OP doesn't strike me as judgmental so probably a typo.