741–750 of 758 posts
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How would you pay for infrastructure?
I see nothing wrong with taxes. I just don’t think a monetary unit managed by politicians works in the long run.
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It's a private enterprise, not the government Nobody wants your support, they just need crazy enough wealthy people
Sure. But we're discussing Elon Musk here. The fact that he's spending resources on nominally going to Mars is completely idiotic. I've got enough of a brain to figure that out. Its a free country. Which means I'm free to make my opinion on how others spend their money and resources. ----------- This is relevant because of all of the highly questionable moves Musk has done in the past weeks. He pumped BTC, pumped DOG…
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That doesn’t fit given he is still pumping Doge since his announcement about BTC. https://twitter.com/elonmusk/status/1392974251011895300?s=21 https://twitter.com/elonmusk/status/1392030108274159619?s=21
Yeah, saw this. At this point I don't think he even knows what he is doing. There are no active Doge devs. https://twitter.com/elonmusk/status/1392974251011895300
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Ask Argentines, Zimbabweans, Cypriots, Greeks, Venezuelans, Turks, Lebanese and a few other billions around the world who are not privileged enough to have a stable monetary environment why they choose Bitcoin. It has little to do with tps. They do not have any real property rights, unable to access world's financial market, unable to save, unable to better their lives by accumulating wealth, and whatever little weal…
They don't choose bitcoin, dude. That is pure propaganda, spinning a handful of people doing it into some big movement. It's not real, it's not happening.
Penetration of crypto in Turkey was 18% (page 9) in 2018, likely a lot higher now. Expected to own in the future 45% (page 10): https://think.ing.com/uploads/reports/ING_International_Surv...
One in five own it, half expect to own in the future.
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Would you hire a security company again, if they refused to protect you when the push comes to shove? That's all miners are. Mercenaries hired for 10 minutes at a time.
Yeah exactly. Not sure if you realize the implication of what happens if you arm a bunch of mercenaries and then fire them and turn your backs on them.
The breakaway hostile fork is now worth 2 percent of the original work.
So..nothing?
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Miners don't really have much say, they cannot impose rules on the network, unlike PoS stakers. PoS malicious stakers lose nothing in case of a split. Miners should they attempt a 51% attack will lose everything. Not even in the same category.
>PoS malicious stakers lose nothing in case of a split You can only support one side of a fork in PoS and if you try to play both sides anyone can form a proof showing you mined both forks and your stake gets slashed. This is the Nothing At Stake problem and well understood which makes your comment pretty confusing.
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>accelerated the adoption of electric cars by 10 years Did it really ? Tesla rode on the advances of battery tech driven by mobile devices, there were other EV efforts arround the time Tesla came up. I agree they recognised it early on and made it fasionable + they had this narrative driven market valuation which pressured other automotive execs to invest in the EV narrative. But 10 years is way too much - battery te…
> Did it really ? Electric cars were a gimmick before Tesla, almost no-one was taking them seriously, after Tesla that changed.
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>PoS malicious stakers lose nothing in case of a split You can only support one side of a fork in PoS and if you try to play both sides anyone can form a proof showing you mined both forks and your stake gets slashed. This is the Nothing At Stake problem and well understood which makes your comment pretty confusing.
how do you objectively find out who is the attacker, so that you do not slash the victim on accident?
There are no attackers or victims in the scenario of the chain forking and a block producer gooing out of their way to mine both chains with the same stake.
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Yeah exactly. Not sure if you realize the implication of what happens if you arm a bunch of mercenaries and then fire them and turn your backs on them.
This has already played out. The breakaway hostile fork is now worth 2 percent of the original work. So..nothing?
Anyway I don’t think reality is as simple as your last comment suggests. There was a lot going on at the time including a lot of misinformation.
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"More fuel" is irrelevant its about pollution. You can never make parts without using a fix amount of resources and energy and if they are used they will end up as waste which is pollution too. Fuel however is just energy in a specific form. If the fuel is created with electric energy and it all comes form coal then it pollution is high but there is a clear path to reduce it down the line. There is no such path with…
Unless you quantify the marginal energy cost of carrying additional fuel payload and recovering a component, convert it to an environmental impact quantity, and compare it to the environmental impact of marginal construction, you shouldn't make claims that sound correct in your head but are not backed up by anything. There's a tradeoff and we don't know which one has greater negative externalities. Not all cost of ma…