Viewing profile — nelsontodd

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I dont know about practicality but Ive read a good amount of SICP and find it very entertaining

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roman invasion of britain

philanthropy is just trying to make amends for all the bad stuff you did to become a billionaire

I don't really know either. Maybe you're right, but as a (maybe ridiculous) counterpoint, what benefit does it give a government to have their own currency? I think the main benefi…

You have no idea what you're talking about.

It's a big risk. But, to answer your second question, its a public ledger. Its significantly more conducive to surveillance than cash. Just punish people if they send money to an u…

I conceded the point that he hasn't looked into it with 'fair enough' lol. Regardless, informed is relative. I don't think Bill Gates knows more on bitcoin than I do. His status as…

I doubt they would just roll over yeah. If you consider the dollar as a weapon/tool for US hegemony, bitcoin functions as almost like a terrorist entity. Not clear what to do with …

Yeah but good luck convincing people to move next to sources of energy so cheap it would be wasted otherwise (rural west texas, rural china). If bitcoin becomes the dominant global…

Fair enough. But for every bill gates we can find a mark cuban, michael saylor etc who are extremely excited about bitcoin. So I still think it is uninteresting.

Maybe true depending on the energy source. I've heard it argued also that bitcoin will become the 'purchaser of last resort' for energy. For example, fracking companies often just …

'You get a choice between bitcoin mining and military force' to solve the consensus issue. Bitcoin doesn't solve, for example, hate crimes or something like this.

This has yet to be shown.

You forget about the violent invasions that allowed the USD to maintain its value while you were paying for groceries lol

Just because he's a billionaire doesn't mean he has the time or interest to deep dive into all emerging technologies, or possible tech bubbles

I don't want to hash them out, plenty of arguments from the leftists or linux people for example. Free software, exploitation of workers. Whatever. The argument itself is arbitrary…

I don't think it will eliminate the need for the military or police force entirely. I have seen a lot of bold bitcoin claims but I don't think anyone really does. My post was refer…

I think a lot of military force stems from maintaining USD hegemony. If that wasn't a thing I think the world would be safer. Although I admit I am not sure. It's a complicated con…

Well. Have fun inventing the protocol where we all just agree to play nice w/o military force (incl police) or PoW. I'm not really sure how this would work

His status as rich tech billionaire doesn't make a difference unless he is making arguments that are new or interesting. And he isn't. We've all been hearing the environment argume…

With bitcoin, you are paying for security. I know if I send you a bitcoin transaction there is a high probability it won't be reverted in our lifetime, possibly ever. I'm not a max…