71–80 of 93 posts
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> What stupidity You referring to your comments?
No why? Are you not able to read arguments and argue against them instead of just 'whatever your answer is'?
(now we wait for dang to delete these comments)
If you’ve got that much money in a project, it’s not a prototype. This repo should have had all types of static analysis running automatically. Hell, GitHub has built in secret scanning. Apparently it was only set as the default for all new repos in March 2024[]. [] https://docs.github.com/en/code-security/secret-scanning/con...
> If you’ve got that much money in a project, it’s not a prototype. How does the monetary value matters? A prototype is a prototype, a quick project to test some concept. If you wanna test some concept around large transfers, does that mean it's suddenly not a prototype? > This repo should have had all types of static analysis running automatically. Would that actually prevent this issue? So lets say they make the re…
Totally agree wallets with any real amount of money should probably not be on disk
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I'm all for bashing crypto bros, but really? The fundamental benefit of crypto currencies is being independent of central authorities. Do you think it has failed in that regard?
The fundamental benefit of crypto is to enrich those who collect transaction fees. There's nothing else.
If you’ve got that much money in a project, it’s not a prototype. This repo should have had all types of static analysis running automatically. Hell, GitHub has built in secret scanning. Apparently it was only set as the default for all new repos in March 2024[]. [] https://docs.github.com/en/code-security/secret-scanning/con...
> If you’ve got that much money in a project, it’s not a prototype. How does the monetary value matters? A prototype is a prototype, a quick project to test some concept. If you wanna test some concept around large transfers, does that mean it's suddenly not a prototype? > This repo should have had all types of static analysis running automatically. Would that actually prevent this issue? So lets say they make the re…
Of course, an escape hatch (like adding some "I know what I am doing" tag to the commit) would be necessary but that's trivial to setup.
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>Some cryptocurrency isn't a safe store of value to begin with... If I may, I would posit all crypto is not a safe store of value to begin with. An EMP taking out the entire world power grid would render crypto pretty useless almost immediately, while gold will just sit there. Even paper money is resistant to decentralized unwindings as they are physical and people are conditioned from birth to accept their value.
Yeah I would also add that in case the Sun goes supernova and the entire solar system gets obliterated, Bitcoin would probably crash to zero
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>people trust the value of the system, which is given for example in Bitcoin. It is in fact not a given(I for one do not trust the value of bitcoin or other cryptos, and I know more people who don't believe crypto has any value than those who do), and your comment is an example of attempting to coerce public opinions and beliefs in such a way as to promote crypto.
I could argue that you're doing the exact same thing to promote gold. Money has close to zero intrisic value, it's just a social construct. Oh, and please don't try to argue about the value of gold coming from its physical properties
I understand why you would want to discount from the conversation the very things that make gold valuable; but I don't have to let you move the goalposts. Gold has properties of corrosion resistance (store of value), rarity, and desirable qualities(such as its color and weight, using it in jewelery to attract mates) which allows it to be a medium of exchange, and the fact that it is easily separated from other metals by its low melting point, not to mention its luster is different from other base metals used for currency, makes it easy to use it as a unit of accord for payment of taxes and such. These properties are unmatched by other more common, natural materials-- that humans have long recognized it as unique and rare on Earth merely raises its intrinsic value to human society. Ya can't eat gold as a person, after all.
(lest you think me a gold bug, I don't have any gold and actively recommend that humans not possess it except where they actually need the properties in question. I do the same for fiat currency too. They're all just tools for getting by in life)
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> Has it died? Yes. All the web3 influencers are on AI now.
Doesn't matter, both AI and web3 mean "nvidia moneyprinter go brrrr".
This is your reminder that every crypto"currency" using a transaction fee is fundamentally a scam and everything that is happening using them is merely hype to get you involved in them.
Some semi-centralized infrastructure and development is needed and costs money to run, but the questions unique to each circumstance are: "What do revenue and EBITA look like?" and "How efficiently are CapEx and OpEx used?"
OTOH, if a social venture nonprofit ran a coin with survival in mind rather than get-rich-quick fintech profiteering, it could make a promise to keep overhead low and any sort of profit margins for reinvestment in robustness, stability, features, and auditing controls to a small, fixed %.