Nice hospital! Nice nuclear power plants! Nice police office! Clean roads!
Coinbase swings to profit on interest income strength
11–20 of 33 posts
Re: Coinbase swings to profit on interest income strength
#12your financial future will be on the blockchain. trustless, programmable money
Literally nobody wants this. You guys had 15 years.
You are comparing apples to oranges. AI hasn't been hamstrung since its inception like crypto. If there was a reasonable dynamic maximimum block size, no friction at crypto on/off-ramps, and no surveillance or taxation on it, you would absolutely be transacting in crypto rather than your national currency by now.
Re: Coinbase swings to profit on interest income strength
#13Earlier quoted context omitted.
Literally nobody wants this. You guys had 15 years.
You are comparing apples to oranges. AI hasn't been hamstrung since its inception like crypto. If there was a reasonable dynamic maximimum block size, no friction at crypto on/off-ramps, and no surveillance or taxation on it, you would absolutely be transacting in crypto rather than your national currency by now.
If there were free mansions on the Moon and you could breathe its atmosphere of Chanel Five perfume while eating delicious aphrodisiac figs grown in the fertile lunar soil, surely by now you would be doing that rather than still sitting in your miserable Earth home. Just a few practical details to sort out.
Re: Coinbase swings to profit on interest income strength
#14Earlier quoted context omitted.
Literally nobody wants this. You guys had 15 years.
Meanwhile AI is moving mountains and taking everyone's breath away. Crypto is a waste of GPUs.
Bitcoin miners are far more savvy about the economics of running GPU/ASIC computation than every single AI startup. The miners figured out and perfected this kind of compute over a decade ago and are chomping at the bit to purchase high-end GPUs at firesale prices when these AI startups fail.
Also, most people outside of the tech bubble don't give a shit about AI and think it's a novelty, especially when they're struggling to pay their bills. There's also a minority scared to death AI will eliminate an unprecedented number of jobs across virtually every sector of the economy.
The Bitcoin folks are at least trying to fix money so people can afford things that cannot anymore because of inflation.
Re: Coinbase swings to profit on interest income strength
#15Earlier quoted context omitted.
Literally nobody wants this. You guys had 15 years.
You are comparing apples to oranges. AI hasn't been hamstrung since its inception like crypto. If there was a reasonable dynamic maximimum block size, no friction at crypto on/off-ramps, and no surveillance or taxation on it, you would absolutely be transacting in crypto rather than your national currency by now.
Nobody likes tech anymore, we just all put up with it. It's gotten boring and locked down. Crypto was the first nail in the coffin, and AI was the final one. Crypto is so far down on the list of tech that regular people like and want that it might actually be dead fucking last.
I actually started reading again and going outside!
Re: Coinbase swings to profit on interest income strength
#16Earlier quoted context omitted.
You are comparing apples to oranges. AI hasn't been hamstrung since its inception like crypto. If there was a reasonable dynamic maximimum block size, no friction at crypto on/off-ramps, and no surveillance or taxation on it, you would absolutely be transacting in crypto rather than your national currency by now.
If there were free mansions on the Moon and you could breathe its atmosphere of Chanel Five perfume while eating delicious aphrodisiac figs grown in the fertile lunar soil, surely by now you would be doing that rather than still sitting in your miserable Earth home. Just a few practical details to sort out.
Sitting here memorizing this comment so I can use it later.
Re: Coinbase swings to profit on interest income strength
#17Earlier quoted context omitted.
Meanwhile AI is moving mountains and taking everyone's breath away. Crypto is a waste of GPUs.
Bitcoin miners are far more savvy about the economics of running GPU/ASIC computation than every single AI startup. The miners figured out and perfected this kind of compute over a decade ago and are chomping at the bit to purchase high-end GPUs at firesale prices when these AI startups fail. Also, most people outside of the tech bubble don't give a shit about AI and think it's a novelty, especially when they're stru…
I am firmly in the tech bubble and think AI is a novelty in its present state. ChatGPT is a fucking idiot. That said, so is everyone who thinks cryptobros are "trying to fix money". They're trying to fix the problem of themselves not having your money yet.
Re: Coinbase swings to profit on interest income strength
#18Earlier quoted context omitted.
Meanwhile AI is moving mountains and taking everyone's breath away. Crypto is a waste of GPUs.
Bitcoin miners are far more savvy about the economics of running GPU/ASIC computation than every single AI startup. The miners figured out and perfected this kind of compute over a decade ago and are chomping at the bit to purchase high-end GPUs at firesale prices when these AI startups fail. Also, most people outside of the tech bubble don't give a shit about AI and think it's a novelty, especially when they're stru…
What are miners doing with GPU’s?