Viewing profile — earthtolazlo

It’s wash trading to be exact, but that’s not really the point. The crypto markets as a whole have strong pyramid/ponzi scheme elements where most people are buying useless tokens …

By 2140.

I had the most success using Dragonfly with the Kaldi engine, which handles the heavy lifting of speech recognition and provides a nice API on top of xdotool for desktop interactio…

I’ve only ever used Windows and Linux so I couldn’t say for sure, but my impression is that it’s pretty good. Talon or Dragonfly with the Kaldi backend handle speech recognition an…

As someone with RSI who uses speech recognition to control most software on my desktop, X11 -> Wayland has been a massive roadblock. Ad-infested Windows isn’t great, but at least i…

The federal government should have shut down Tether years ago. At this point, Tether growing its tendrils into the real economy and becoming a systemic risk almost feels like an in…

That seems like a reasonable assessment of the situation. I don’t know what it is with HN and absurd contrarian takes.

Proof of work makes me angry. I have a difficult time getting too upset over any attempt to curtail it.

Cryptocurrency enthusiasts talk endlessly about the virtues of decentralization, immutable transactions, “code is law” etc, but when they lose their keys or get scammed, it’s alway…

If nothing else, the absurd mining costs constantly pulls fiat out of the cryptocurrency markets. Tether has been able to keep things afloat (4 billion USDT printed in April so far…

Given the massive negative externalities and lack of widespread adoption beyond speculation and crime after more than ten years, I think that snark is a reasonable default response…

The same Citi report that confused percentages with basis points in reporting that 13% of credit card charges are fraudulent? https://www.ft.com/content/8553aba7-8beb-4b48-9287-be6…

As far as I can tell, any defi project that isn’t an outright scam is just providing credit to people to speculate on cryptocurrencies. I’d be curious to see any counter examples. …

The business case is that people will buy their tokens/invest on their platform which will increase in value which will cause more people to buy in etc. If you look closely enough …

That was the number provided by Bitfinex’s lawyers at a time when there were about 20 billion fewer Tethers in existence. I’d be shocked if it was over 10%. But since they won’t do…

Given their lack of audits/transparency coupled with a Tether supply increase from 4 billion to 20 billion this year alone, I would by inclined to apply Occam’s Razor and view this…

Just about everyone knows that Tether is a ticking time bomb waiting to blow up the cryptocurrency markets. But for now Tether makes number go up and currently that’s the only thin…

Bitcoin wastes an obscene amount of energy for a theoretical maximum of seven transactions per second globally. How is that even remotely scalable?

I guess it depends on what you mean by cataclysmic scenarios. I can’t imagine many cataclysmic scenarios with working electricity and internet, to say nothing of mass-produced phon…

Uber for surgery! Move fast and break people. I swear HN is a self-parody sometimes.

There are a lot of cryptocurrency folks talking up Bitcoin as a hedge against inflation and Federal Reserve policies. But when it comes to Tether printing billions of counterfeit d…

I’m not sure why you’re being downvoted. I’ve seen this happen to several talented but overly trusting people. Sometimes it’s best to just keep your head down and admit that instit…

All that and you still think housing records should be on a public blockchain? What happens if someone steals my private key? Do they now own my house? If we rely on public records…

Market cap != market liquidity If I create 100 billion FakeCoins and sell one to my grandmother for $10, suddenly FakeCoin has a 1 trillion dollar market cap. It doesn’t mean there…

Has he heard of Tether? It might be worth telling him that the entire cryptocurrency market it being propped up by 10 billion “dollars” of what is essentially Monopoly money.