421–430 of 518 posts
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tell your congress critters to write laws requiring public infrastructure (public sector adoption of ActivityPub is an awesome use-case here)
All you need is HTTPs and HTML. Maybe RSS.
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It’s more important to have an unstoppable digital store of value than to stop people getting scammed. Sure would be nice to have fewer scammers, and we should try. I, too, detest many of the actors in the space, the whole number-go-up get-rich-quick culture, and much more. But it’s a sideshow. The reality is I’m not giving up digital assets I completely control (preferably private ones) any more than I’m giving up s…
What makes you think that the kids of tomorrow are going to give a damn about today's notions of what's valuable? Using an unstoppable ledger doesn't make the underlying values any more legitimate than they were before. I do think that creating a censorship resistant place for data is more important than preventing people from being scammed, but when I think about what ought to go there, I come up with nothing so sta…
I mean, on a long enough time scale, they won't :) Same with USD, other currencies, or any given stock or bond. There are no guarantees. That applies doubly to crypto assets.
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Crypto is a scam (including Bitcoin) anybody treating it otherwise is overly credulous or in on the scam. Maybe it started out with better intentions but it is irredeemable.
I couldn't believe my eyes when I first stumbled upon https://dci.mit.edu/
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It’s such a reasonable thing to expect any level of hacking. Consider the idea that w3 is the transition of assets into literal Internet money. We digitized wealth and w3 concentrated those supplies into readily available large quantity targets. The idea that there would be anything but a massive acceleration of crime and fraud as a result of the digitization of actual money is actually hilarious. It’s a fact that No…
> It’s a fact that North Korea relies on hacking it for funding critical imports at this point… A fact? What are the #s that they are bringing in from hacking, versus the $4.8 billion/year they bring in from exports to China/Africa?
POW crypto should be globally banned on ecological grounds.
People say this all the time, but why don't they say that about videogames? or actual mining? I also think access to and freedom to use electricity as you wish is really underrated as a freedom. Maybe consider that if you start this precedent people will end up policing your energy use too
The difference is that, for videogames or mining physical rocks, the power use is an undesired side effect, so the incentive is to minimize it, while for POW cryptocurrencies, the power use is an essential component of the mechanism they use to prevent double spending, and the incentive is to use as much as possible.
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People say this all the time, but why don't they say that about videogames? or actual mining? I also think access to and freedom to use electricity as you wish is really underrated as a freedom. Maybe consider that if you start this precedent people will end up policing your energy use too
Because even video games have more worth than crypto?
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Barely makes an impression in the parade of crime that is web3isgoinggreat.com/
It’s such a reasonable thing to expect any level of hacking. Consider the idea that w3 is the transition of assets into literal Internet money. We digitized wealth and w3 concentrated those supplies into readily available large quantity targets. The idea that there would be anything but a massive acceleration of crime and fraud as a result of the digitization of actual money is actually hilarious. It’s a fact that No…
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It's absolutely the fastest way to send larger sums of money.
1) that’s very rarely the most important feature to me and 2) no it isn’t. Moving crypto around is fast but I don’t want crypto, I want money I can spend. USD -> crypto -> USD is not fast. There are faster ways to send money you can’t spend.
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it’s also not a particularly good way to send money from one person to another
It's absolutely the fastest way to send larger sums of money.