Viewing profile — scyclow

This is a fun book, but it famously embellishes, exaggerates, and sensationalizes the tulip bubble [1]. The efficient markets people obviously don't like the story, but there doesn…

This is where non-financial use of blockchain could really shine, IMO. Self-sovereign identity management with a smart contract-based process for recovering ids if keys get lost or…

No, people are still trading them for some reason, and there's pretty good liquidity. The highest offer right now is $15.2k, which someone can dump any of the 10k apes for that. An…

It does fluctuate, but the floor price is still miraculously $16k

I don't know what American LLMs you're using. Just asked Claude, which gives nuanced answers on both, but amounts to "It's contested, but numerous authoritative bodies say yes" and…

As an American, I can conclusively say that we absolutely have no moral high ground whatsoever. But bringing the topic back to LLMs, I don't feel great about using an LLM that has …

Really? Blocked how?

https://steviep.xyz

I agree as it relates to bitcoin: It's positioning itself as a store of value... and it kind of works as long as the collective delusion that it _is_ a store of value holds up. But…

Author here. Gas costs have actually come down a lot over the past few years. It only costs me a few dollars to run the transaction. It's more that scheduling, setting up, conducti…

That's not really a valid criticism. You can say that same thing about any protocol. Who's to say that the majority of btc hashing power isn't single force or conspiring group?

Being able to handle Bitcoin transactions is fine, but it's disingenuous to act like it's the only way to be truly decentralized.

Frankly, this is better than a stablecoin since the value is locked on the blockchain forever no matter what.

It's a federal crime a federal crime pursuant to United States Code Title 18 (CRIMES AND CRIMINAL PROCEDURE), Part I (CRIMES), Chapter 17 (COINS AND CURRENCY), Sec. 333 (Mutilation…

I made an art project about stablecoins. Enjoy!

The math here doesn't really work out for a couple reasons. First... sure, if you spend $500,000 on buybacks instead of paying dividends, then large shareholders might make trillio…

> POW is necessary to keep the network secure It's certainly a way to keep the network secure. At best it's marginally better than POS. At worst, it's a ticking time bomb security …

Pretty much everything other than bitcoin, monero, and dogecoin are running proof of stake these days anyhow, so it kind of doesn't matter.

There are different flavors of stablecoins though. There's the ponzi scheme flavor that is propped up based on hand waving alchemy, and there's the boring (and now regulated) flavo…

Yeah, but so can PayPal and Visa and Mastercard. The issue here is that payments is essentially a duopoly. Itch doesn't have any alternatives because they're locked into traditiona…

There are a lot of people mentioning crypto as a possible solution to this, and a lot of people responding that crypto is a ponzi scheme, and they're not interested. But congress r…

Look at the GENIUS Act https://www.congress.gov/bill/119th-congress/senate-bill/394...

Sure, so I guess if the owner of the land doesn't own the mineral rights then they have no incentive to look for oil with or without a LVT.