21–30 of 137 posts
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lol They will never be silent. The goalposts will move endlessly.
Some people don’t trust the government, other people do. I like a liquid, fungible asset not controlled by the government. Statists don’t. It’s a philosophical debate more than a technical one at this point.
This deserves to be the top spot on HN right now. Years of countless replies and mockery here across N accounts telling me this day would _never_ happen. Yet here we are, we're finally about to break away from the shackles of PoW and the crypto skeptics are silent. EDIT: I'm rate limited/soft banned so I can't reply to most of you/anyone until tomorrow. While I can still edit: -Cash is the ultimate scammer currency,…
My stance has been “I’ll believe it when I see it” after years of the merge being “months” away. I’m a skeptic but happy to see a major cryptocurrency switching off the planet burner.
This deserves to be the top spot on HN right now. Years of countless replies and mockery here across N accounts telling me this day would _never_ happen. Yet here we are, we're finally about to break away from the shackles of PoW and the crypto skeptics are silent. EDIT: I'm rate limited/soft banned so I can't reply to most of you/anyone until tomorrow. While I can still edit: -Cash is the ultimate scammer currency,…
They will now just congratulate the re-centralization of Ethereum running on Proof-of-Stake.
The crypto-skeptics will never be silent, but I can assure you that crypto is still here to stay, with some crypto projects surviving and some of them will not survive.
The biggest gap between people involved with the Ethereum ecosystem vs. mainstream media seems to be that the former are focused on the economic impact of The Merge, while the latter is focused on the environmental impact. Don't get me wrong, reducing energy costs is great and everyone agrees with that, but the resulting changes in monetary policy are probably even more impactful. But of course this is not sensationa…
False dichotomy. What nobody pays attention to is that the entire thing is a cartel and only incentivizes restricting freedom over time and automating turmoil. It’s a complete disgrace to what cyberspace represents. It’s an opportunistic, exploitative, incompatible, deprecated, deficient paradigm stuck in a physically-constrained view of the future perpetually hindering progress due to preventing the mind in being ab…
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One can be both positive about the benefit that this move brings, yet deeply negative about the overall value of crypto.
This is absolutely where I stand. Hurrah, Ethereum's cost on humanity and the environment is dropping drastically! Unfortunately, it still has a measurable (if no longer grotesque ) cost with extremely dubious benefit.
This deserves to be the top spot on HN right now. Years of countless replies and mockery here across N accounts telling me this day would _never_ happen. Yet here we are, we're finally about to break away from the shackles of PoW and the crypto skeptics are silent. EDIT: I'm rate limited/soft banned so I can't reply to most of you/anyone until tomorrow. While I can still edit: -Cash is the ultimate scammer currency,…
One very popular cryptocurrency is making the switch. That still leaves Bitcoin, with double the trading volume, and most of the other popular cryptocurrencies.
More importantly it doesn't change the fundamental problem with crypto: it's deliberately difficult to regulate, which means that it's still a scammer's paradise.
And Ethereum's price can still fluctuate wildly on any given day, making it unsuitable for most real-world transactions.
The biggest gap between people involved with the Ethereum ecosystem vs. mainstream media seems to be that the former are focused on the economic impact of The Merge, while the latter is focused on the environmental impact. Don't get me wrong, reducing energy costs is great and everyone agrees with that, but the resulting changes in monetary policy are probably even more impactful. But of course this is not sensationa…
This deserves to be the top spot on HN right now. Years of countless replies and mockery here across N accounts telling me this day would _never_ happen. Yet here we are, we're finally about to break away from the shackles of PoW and the crypto skeptics are silent. EDIT: I'm rate limited/soft banned so I can't reply to most of you/anyone until tomorrow. While I can still edit: -Cash is the ultimate scammer currency,…
Can someone summarize what is happening?
Earlier quoted context omitted.
Some people don’t trust the government, other people do. I like a liquid, fungible asset not controlled by the government. Statists don’t. It’s a philosophical debate more than a technical one at this point.
Personally, I like a currency I can walk into a shop and buy a sandwich with.