11–20 of 53 posts
I find it fascinating that there is a 5 day lag of crypto news to hacker news. I wonder if it’s possible to track this lag across a wide range of industries and information outlets.
Half of HN believes cryptocurrencies are a scam, so it's natural they don't track it as closely.
Earlier quoted context omitted.
Half of HN believes cryptocurrencies are a scam, so it's natural they don't track it as closely.
I would prefer that it stayed that way. Most cryptocurrencies are vaporware.
> The controversial digital-asset entrepreneur filed a claim in a British court on Wednesday, accusing podcaster Peter McCormack of writing a libelous series of tweets about him in March and April over Wright’s claim that he developed Bitcoin under the pseudonym Satoshi Nakamoto. So does Craig Wright need to prove he's Satoshi in order to win a libel case against someone who says he's not Satoshi?
Didn't Liberace sue a newspaper for libel when they said he was gay... and then win. I do not know why anyone gives this guy the time of day. There is a way to indisputably prove if he is satoshi and it is the one thing he will not do. It is like if I start telling everyone the Lamborghini in the parking lot is mine, and they ask me to turn it on, and I spend the next 4 years arguing that it is mine instead of just t…
Yes. However, then as now, the truth is an absolute defence to a claim of defamation. Had they shown that Liberace was gay, they'd have won the trial.
The issue was that the newspaper in question (the Mirror) never tried to claim that Liberace was actually gay; instead they tried to claim that when they wrote that he was "a deadly, winking, sniggering, snuggling, chromium-plated, scent-impregnated, luminous, quivering, giggling, fruit-flavoured, mincing, ice-covered heap of mother love" that the word "fruit" was not a reference to the then-common slang term for homosexuals, but was just, you know...a word. And that the journalist who wrote it has no idea that the slang term even existed, and in any case whatever was written was just the jounalist's opinion, and shouldn't have been interpreted as a statement of fact, since, obviously, the author didn't really think Liberace was gay.
It wasn't a very good defence, and the jury didn't buy it.
Earlier quoted context omitted.
Half of HN believes cryptocurrencies are a scam, so it's natural they don't track it as closely.
I would prefer that it stayed that way. Most cryptocurrencies are vaporware.
You can improve upon the design of the wheel. You do this by improving Bitcoin without reintroducing inflation.
Earlier quoted context omitted.
I would prefer that it stayed that way. Most cryptocurrencies are vaporware.
All cryptocurrencies (except Bitcoin) are idiotware. Bitcoin was built on the idea of sound money - as a fix for the serious problem of inflation. Other "cryptocurrencies" are pro-inflation by design. They're based on the idea that "everyone can print money," by simply redefining a few constants and recompiling the code. Their proponents see this as pro-freedom, but free money is worthless money. "Cryptocurrencies" a…
Earlier quoted context omitted.
All cryptocurrencies (except Bitcoin) are idiotware. Bitcoin was built on the idea of sound money - as a fix for the serious problem of inflation. Other "cryptocurrencies" are pro-inflation by design. They're based on the idea that "everyone can print money," by simply redefining a few constants and recompiling the code. Their proponents see this as pro-freedom, but free money is worthless money. "Cryptocurrencies" a…
But still Bitcoin has a lot of inflation due to speculators... I would trust more a criptocurrency that is used to buy/sell something "tangible" like Filecoin that is used to buy/sell storage.
I find it fascinating that there is a 5 day lag of crypto news to hacker news. I wonder if it’s possible to track this lag across a wide range of industries and information outlets.
Half of HN believes cryptocurrencies are a scam, so it's natural they don't track it as closely.
Earlier quoted context omitted.
I would prefer that it stayed that way. Most cryptocurrencies are vaporware.
All cryptocurrencies (except Bitcoin) are idiotware. Bitcoin was built on the idea of sound money - as a fix for the serious problem of inflation. Other "cryptocurrencies" are pro-inflation by design. They're based on the idea that "everyone can print money," by simply redefining a few constants and recompiling the code. Their proponents see this as pro-freedom, but free money is worthless money. "Cryptocurrencies" a…
Earlier quoted context omitted.
All cryptocurrencies (except Bitcoin) are idiotware. Bitcoin was built on the idea of sound money - as a fix for the serious problem of inflation. Other "cryptocurrencies" are pro-inflation by design. They're based on the idea that "everyone can print money," by simply redefining a few constants and recompiling the code. Their proponents see this as pro-freedom, but free money is worthless money. "Cryptocurrencies" a…
But still Bitcoin has a lot of inflation due to speculators... I would trust more a criptocurrency that is used to buy/sell something "tangible" like Filecoin that is used to buy/sell storage.
The "inflation" of the BTC/USD exchange rate due to speculation is absolutely nothing to do with this. Those are simply growing pains for on-boarding while bitcoin is still in elementary stages.
It is a mistake to think something "tangible" is better denominated by a token than by the thing itself. When you buy storage, you want storage. A promissory virtual token is not a replacement for storage, and has no inherent value in itself. The storage has value - that will continue to be the case whether there is a token or a hundred tokens, or no tokens.
Currency is the same. If the currency itself does not have inherent value, then the paper which it represents would be useless. Junk economists have managed to convince most people that currency itself is worthless and it's value is a construct of our imagination.
Bitcoin has inherent value. Other "cryptocurrencies" also have inherent value - the only difference is that their value will diminish over time, whereas bitcoin will appreciate.