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Pineapple Fund: Donating $86M of Bitcoins to Charity

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Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#131

Post by Frogolocalypse »

spookthesunset wrote: post #121
Frogolocalypse wrote: post #107

Earlier quoted context omitted.

> That's tautological. No it's not. I'm saying you can fix the problem by modifying one constraint. Fix the cost of energy, and you fix your problem with energy wastage. It will make absolutely zero difference to bitcoin what the price of energy is. If energy is more expensive, mining will reduce, and bitcoin difficulty resets to the lower mining hashrate. > Do you also suppose that we should reduce vehicle emissions…

What a cop out. So we have to increase energy prices so a bunch of greedy scammers can waste energy speculating on hot air? Again. Give me a break...

You can do with your money what you like. There's a word for that : freedom.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#132

Post by cheeze »

chaseadam17 wrote: post #67

Watsi cofounder here. We're extremely grateful for this support. It's going to enable us to help a lot of patients access healthcare. I also think it's great for the crypto community as a whole. Thank you, Pineapple!

Thank you for what you do. Donating to Watsi and getting the updates about people that I've helped is one of the highlights of my day to day life.

Shameless plug for Watsi incoming... Consider donating monthly. They don't spam you and your money is going to a great cause. https://watsi.org/monthly

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#133

Post by ISL »

nihonde wrote: post #112
mikepurvis wrote: post #89

Earlier quoted context omitted.

While true, as someone with a number of friends just now "getting into" bitcoin, I find the zero sum aspect of it troubling. Assuming a crash/correction is coming, most of the wealth that accrued to the early adopters will be at the expense of these later, less-informed "investors" who bought in thinking it was a no fail quick buck.

That’s how markets work. Early adopters take risks that pay off when late-comers try to bet on a proven winner.

It doesn't have to be a "bet" on a proven winner. Later investors can simply accept lower returns from a proven winner.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#134

Post by monocasa »

sowbug wrote: post #118
nfoz wrote: post #117

Earlier quoted context omitted.

Curious, what are the reasons to prefer one-space-after-period over two? Regardless of old or new medium, proportional or monospaced font, I find it more legible when there's more space between sentences. Sometimes periods find themselves within a sentence (especially in technical writing), so ideally that would have a different markup I guess. HTML frustrates me; I don't know why it defaults to collapsing spaces, wh…

Not that anyone will ever change their mind about this, but here's a good justification of the correct usage. "Two Spaces After a Period: Why You Should Never, Ever Do It": http://www.slate.com/articles/technology/technology/2011/01/...

And here's a great response to that article.

"Why two spaces after a period isn’t wrong (or, the lies typographers tell about history)"

http://www.heracliteanriver.com/?p=324

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#135

Post by monocasa »

mtpn wrote: post #104
giarc wrote: post #80

Earlier quoted context omitted.

I was educated in the 90's and not on a typewriter. I use two spaces. There's likely more at play than just typewriter vs non-typewriter.

The anecdote I heard was that the extra space made it more clear when sentences were ending based on how the fixed-width typeface would read. With proportional fonts the spacing is already clear enough with 1 space, and that has become the conventional thing. So adding the extra space creates too much space now. It certainly sends a signal to me that the person has absorbed a “rule”, but not its purpose, which I thin…

Except the fact that the two spaces before a period far predate the typewriter.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#136

Post by omarforgotpwd »

natch wrote: post #34

To the person running this, if you really want to remain anonymous, be careful not to write too much. You can be outed by textual stylometrics.

If someone determines my identity through textual stylometics, finds me, manages to get me to reveal how to get my bitcoin, and then kills me I won’t even be mad. Just impressed.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#137

Post by hindsightRegret »

omarforgotpwd wrote: post #136
natch wrote: post #34

To the person running this, if you really want to remain anonymous, be careful not to write too much. You can be outed by textual stylometrics.

If someone determines my identity through textual stylometics, finds me, manages to get me to reveal how to get my bitcoin, and then kills me I won’t even be mad. Just impressed.

challenge accepted

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#138

Post by EmielMols »

mikepurvis wrote: post #89
chejazi wrote: post #3

People spend their entire lives focused on wealth accumulation. Bitcoin has endowed many people with financial means in a way completely orthogonal to their day-to-day work. Say what you will about bubbles, but this "fund manager's" perspective is healthy check on reality.

While true, as someone with a number of friends just now "getting into" bitcoin, I find the zero sum aspect of it troubling. Assuming a crash/correction is coming, most of the wealth that accrued to the early adopters will be at the expense of these later, less-informed "investors" who bought in thinking it was a no fail quick buck.

This a 100 times.

The crypto currency hype only (or at least mainly) redistributes wealth, in my eyes to (tech savvy) people-with-means-already.

Yes there might be empowering stories of "smart single moms" making serious money by betting on Bitcoin, but as a whole it only enlarges income equality between people, arguably one of the issues of our time.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#139

Post by hindsightRegret »

ttul wrote: post #85
obiefernandez wrote: post #11

An individual whose BTC holdings (that they are willing to give away) are worth almost 100 million. Mind blown...

Back in early 2011 when I started looking at Bitcoin, they were worth 0.70 each. I talked to people who had 100,000 BTC that they’d mined in the early days on their CPU. For kicks. Some of them are still holding it.

Wait, you're trying to tell me you knew people who were paper (ledger?) billionaires and were willing to disclose that? Nuts
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