Viewing profile — anonisko

The idea that raw blockchains would ever be a scalable payment network for the world's population was always a completely absurd idea. In fact, it's so absurd that it was literally…

Node centralization is a lot less concerning for monero because the privacy by default nature of it makes it very difficult if not impossible to censor transactions. Even if stupid…

Megacorps are starting to think about creating their own currencies (FB diem). We stumbled into accepting dictatorships in the emerging virtual realms without even realizing it.

I thought "blocklist" was the replacement for "blacklist".

Too many people support the development of powerful weapons without considering what happens when their enemies get a hold of them.

Depends on whether you agree with what the people in charge define as a 'good thing'. In a democratic government, you might like how a powerful tool is being wielded when your peop…

Yup. That's why I say generally. Even if the paper is correct it seems to fall into the 'moving down the continuum' category.

Dear lord no. I can see how it might come across like that. More drawing attention to the wider theme that we generally should not take people at their word when we have the option…

Basically, the tax code is used by governments as an incentive mechanism to manipulate entities into behaving in ways they want.

"Broken" generally isn't a binary event in cryptography. It's a continuum from "impossible to do with all the time and energy of the universe and the most advanced computers we hav…

Reminiscent of Craig Wright's claim to be Satoshi. It doesn't matter what you claim with words if you can't back it up with cryptographic evidence. Shut up and prove you've done (o…

The whole paper is linked, https://eprint.iacr.org/2021/232.pdf

I've got a feeling that Elon is the kind of person who would only be happy with death on a battlefield, bested by a worthy opponent.

A farm is an income generating asset. Farmland is a commodity that does nothing on its own. An electronics manufacturer that uses gold is an income generating asset. Gold is a comm…

The problem with Facebook is that it's not exclusive - there are tons of alternatives. Some even have better features (think Twitter or TikTok or Discord). Nothing is stopping peop…

Proof of work (PoW) vs proof of violence (PoV). Both energy intensive mechanisms for enforcing the security of a currency.

Everything is speculation. My ultimate point with the comment above, is that dismissing bitcoin as nothing more that a rampant speculative bubble is not a good argument against it.…

Of course. It's a useful commodity resource. It can be use for industry, science, dentistry, jewelry, etc. But I do think the store of value use case where you arbitrarily hoard th…

Farmland is a speculation that we won't completely degrade the topsoil that makes it useful for agriculture. Exxon Mobile is a speculation that they'll be able to pivot their busin…

I suppose you mean it's not possible without some sense of the value in relation to existing value networks? And this is the bootstrapping that fiat exchanges provide?

I love the poetry of lines spiraling out of Africa. A metaphor for the dispersion of our species.

Every store of value that has ever existed and will ever exist is just a game of speculation that it will continue to be valued when you're ready to withdraw your money to do thing…

A true cypherpunk would say that everyone should just start earning bitcoin directly to enter.

Yeah, this is a wildly ignorant take. Pre 2017 was crazy volatile and unstable. It's still crazy, especially compared to regulated, national markets, but it does seem to be gradual…

It could get even more interesting if you have some NFT domains that are shared between different virtual realms, like different video games or social media sites. Imagine owning a…