Viewing profile — awrence
awrence
HN member- Joined
- Fri, Feb 22, 2019, 7:25 PM UTC
- HN karma
- 165
- Public activity
- 56 items
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About awrence
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Recent public activity
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Comment #40600039
Def super successful. Crazy how the flaps held given how they seemed to disintegrate on re entry. They said they’d try and catch the booster for flight 5 if the booster splashed do…
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Comment #40348737
Ok but what happens if they cross the streams??
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Comment #40221408
Honored to get a reply from you sir! I haven't personally done a deep dive on Satoshi's intentions probably for the specific reason I've always failed to see why former intentions …
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Comment #40220318
I'm not a tax expert so wondering, shouldn't the potential loss be computed off the non payment of exit tax at date of exit or 2014 levels? (which would have computed to much lower…
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Comment #40220298
Given the monetary policy Satoshi chose and the headline he picked to include in the genesis block, I really don't think you can infer what he himself thought bitcoin was meant to …
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Comment #39229256
Hmmm can’t speak to the likelihood of their actual inflows but tens of billions of usd from global participants that are functionally shut out from usd pipes is really very reasona…
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Comment #39223531
Very simply? If the conspiracy theories about their scamminess were wrong and they did what they said which was hold dollars without duration exposure (mostly cash and tbills). The…
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Comment #32550775
EUR vs Dollar went as low as 0.82 ish in its early days (00) and was below 1 through roughly 02 so not a first no.
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Comment #29795416
DOOMP EET
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Comment #29211632
This is your opinion.
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Comment #28850829
You made a straight up declaration about proof of work in a pretty condescending and unsubstantiated way. I literally applied your exact framing and wording to present that approac…
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Comment #28850796
It's a misconception to think a miner will only locate on energy sites with continuous supply. It can still make perfect sense for a miner to locate on a site with variable demand …
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Comment #28850694
I agree it's not an argument for bitcoin. Whether bitcoin is a net positive environmentally or not is a different debate. I was just emphasizing how people point fingers at Proof o…
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Comment #28850578
It also demonstrates a basic lack of understanding of how the energy markets work and how as just about the only intermittent buyer of last resort, proof of work is about to positi…
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Comment #28850379
Easy there big fellow. The petrodollar is certainly and undenyably a huge problem in and of itself, as you well know. Its horrible environmental impact is a huge problem, as are it…
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Comment #28077746
I see your point but my first bit just meant to highlight the unfair disproportionate energy attention PoW has been getting specifically vs just about any other use case. I don't p…
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Comment #28077120
I've been following this topic intensely for years and am very comfortable with these numbers but fair enough. I agree I should reference some official sources which I'll try and d…
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Comment #28076640
The math on the PoW energy FUD just doesn't check out. - At current levels, bitcoin uses very roughly 0.1% of global electricity but electricity only represents 25% of fossil fuels…
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Comment #27898255
Random reply: Or you can stay here on earth, go scuba diving and experience the exact same weightlessness... :)
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Comment #27565842
Economists predicted 100 of the last 1 recessions.
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Comment #27359408
“ In his 1979 history, The Alcoholic Republic, the historian W. J. Rorabaugh painstakingly calculated the stunning amount of alcohol early Americans drank on a daily basis. In 1830…
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Comment #27318018
My shower pays for itself :)
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Comment #27315804
It's pretty brilliant actually. Case 1 electric space heaters blindly pass electricity through dumb wires. Case 2 instead of dumb wires you use ASICs. Case 2 is a win win that help…
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Comment #27225601
The burden seems to be on the business side here. So I'm not sure what changes tax wise for end users who were using centralized exchanges to monetize their holdings. If they weren…
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Comment #27217215
I'm afraid this is the complete misunderstanding of what money is for. You're describing the best medium of exchange, which you know today generally as base money of fiat currencie…