Viewing profile — TapWaterBandit

This is too real haha. I do this exact thing. > But now I’m sitting on this cash, and like Matthew McConaughey says in wolf of Wall Street , they’re fucking addicted Only point of …

Dream on, dude. Look into how the sanctions against Russia are going, not very well. https://www.thetimes.com/article/66dfc09e-c94a-4846-a4e2-60d... I swear some Americans seem to …

> Given a choice between an embargo by the US or embargo by the rest of the world, cuba and every country in the world would choose 'the rest of the world'. No way is this true. Lo…

And this has been a major problem for them since then. Look up the "Triffin Dilemma". If a nation's currency is the reserve currency it pretty much must run a trade deficit and one…

I think "follow the money" is the correct call but not like this. I think having the reserve currency be the USD means there is more demand for the currency than is needed to trade…

My base case is still that the USD being the reserve currency is the problem. There will persistently by more demand for USD than is justified by the need to purchase American expo…

Not really, way more kids are getting caught in the crypto scams than are making money doing them.

At this point crypto clearly isn't a bubble. And why would it be? Cryptographically secured money has some advantages over fiat money. This doesn't mean fiat will disappear and all…

Yep. And, of course, let's not discuss: - tourism + air travel - increasingly large cars far bigger than required from a utilitarian perspective - luxury good production - theme pa…

Legally, probably. I don't know the laws around environmental protection in that area so there may still have been a violation but it appears he was convicted here for violation of…

Interesting observation about McDonald's. I work as a doordasher and have never once spoken to or interacted with anyone who works at the company.Well that's not quite true, I had …

I don't think that is the point he is making. More that lawyers will hoard contracts but there will be financial incentives to defect early (the idea being to sell your contracts w…

Lol yep, thought the same thing. HN landed hard on the "sucks to be you" side of things with Musk, curious to see where this ends up.

Welding is incredibly important in modern construction. All steel-framed buildings are held together by welding pretty much. Not surprisingly it is quite highly paid (at least in m…

The full quote is: > Last Friday, Japan’s Ministry of Health, Labor and Welfare released the results of an annual study of the number of homeless people *in the country’s parks and…

I don't think it does need an update, it came across quite clearly in the article that you were pretty happy with life in general but felt that selling the company took away a sens…

This is a bizarre framing to support the argument people don't like faster delivery of goods. But in the spirit of good faith I will give some: - Movement of fish/meat to markets b…

Lol that isn't what a 51% attack is...The confidence people on this thread are speaking about something they have no clue about is staggering. A 51% is ALL about miners and nodes. …

Anywhere I can read thia withiut paywall?

I didn't address that point because it is conceptually and factually incorrect. But I will breakdown why for your benefit: > The reason that bitcoin's energy usage is a philosophic…

> Please trust me when I say that I do not give a damn about the price of bitcoin. What I care about is stopping runaway energy consumption, and from that perspective proof-of-work…

Proof of Work is an energy-intensive solution to a very deep and old social problem: how do you verify transactions between parties over a great distance/online without a trusted i…

> Miners and node operators can operate on whichever fork they want, but that doesnt mean Coinbase or Fidelity or whoever is going to recognize that fork. Mate that isn't how it wo…

> No one can simply state "I am not interested in Bitcoin" in a discussion without triggering some "response". Regardless of the merits of Bitcoin, or absence of them, that is fsck…

Lol power usage is such a strawman argument. 1% of all electricity in USA is used watching Netflix but you don't hear people complaining. But running a global permissionless decent…