Earlier quoted context omitted.
No--there was no movment on electrical vechicles before his interest. That alone should be enough to put his image on a coin.
Please do not attempt to rewrite history. The electric vehicle has a long and storied history, and the modern revival was well underway in the 90s and 00s. Tesla Roadster was the first (I think?) highway-legal EV.
$365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
531–540 of 758 posts
Re: $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
#532Earlier quoted context omitted.
Just put a carbon tax on everything with environmental side effects and let the market sort it out, otherwise who decides what get's banned? For example, I think cars contribute very significantly to global warming and use lots of fossil fuels, do I get to say, let's ban all cars and force everyone to use public transport? No!
Bans of future sales of ICE vehicles are a thing, a lot of countries either have them or are proposing them.
We are going to have ICE's for a long time.
Mindless bans like that, if overzealous, will just push even more of industry to Asia/China, where most of pollution happens today anyway.
I wouldn't be surprised if China funds quite a few green causes, big boost for their industries, and they get to just ignore all emissions rules.
Re: $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
#533Some of the major threads in this saga so far: Tesla Makes More Money Trading Bitcoin Than Selling Cars - https://news.ycombinator.com/item?id=27142261 - May 2021 (171 comments) Elon Musk: Bitcoin's energy usage trend over the past few months is insane - https://news.ycombinator.com/item?id=27141493 - May 2021 (41 comments) Tesla no longer accepts Bitcoin due to climate impact - https://news.ycombinator.com/item?id=2…
This HN library work is so good. Thanks for these types of HN trees. I've been thinking of offering to help your team with some tooling work. But if you needed help, you'd probably find it somewhere. So I'll just cheer you on here. (A fella emailed me about Lumen the other day, asking what I thought about Scheme's (let ((a 1) (b 2)) ...) syntax. I said "If you want to, you can write a macro to implement Scheme. But L…
Re: $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
#534Earlier quoted context omitted.
Wrong topic?
Sorry if it sounded out of place. The context is that Dan's team does so much impactful work thanks to powerful software. But for various reasons, a lot of the required knowledge is esoteric. (Do you know how to write an emacs library to provide proper indentation for arc? If not, are you ready to dive in and learn, without extensive supervision?) It's also crucial for HN team members to be trustworthy and effective.…
Re: $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
#535Earlier quoted context omitted.
Just put a carbon tax on everything with environmental side effects and let the market sort it out, otherwise who decides what get's banned? For example, I think cars contribute very significantly to global warming and use lots of fossil fuels, do I get to say, let's ban all cars and force everyone to use public transport? No!
Bans of future sales of ICE vehicles are a thing, a lot of countries either have them or are proposing them.
Re: $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
#536Earlier quoted context omitted.
This difference is that in PoS, if anyone ever holds more than ⅓ of the total supply (as is the case with Ethereum's founders currently holding 65% of the overall issuance, for example), they can indefinitely control the chain through their re-org capability.
I don't have a reference but rumours have it Joe Lubin alone controls close to 10%, which would be close to 50 billion today. With the usually apathetic voters/stakers, one such loud voice can sway a PoS network easily.
What makes you think eth stakers are apathetic?
Re: $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
#537Earlier quoted context omitted.
From https://vitalik.ca/general/2020/09/11/coordination.html "A large mining pool publicly showing how they have internally distributed their nodes and network dependencies doesn't do much to calm community members scared of mining centralization. And pictures like these, showing 90% of Bitcoin hashpower at the time being capable of showing up to the same conference panel, do quite a bit to scare people". If you foll…
This difference is that in PoS, if anyone ever holds more than ⅓ of the total supply (as is the case with Ethereum's founders currently holding 65% of the overall issuance, for example), they can indefinitely control the chain through their re-org capability.
Would honestly love to see the details.
Re: $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
#538Earlier quoted context omitted.
Bans of future sales of ICE vehicles are a thing, a lot of countries either have them or are proposing them.
Gonna have lot of exemptions. Long haul and industrial/farm/mining equipment cannot always run on batteries. We are going to have ICE's for a long time. Mindless bans like that, if overzealous, will just push even more of industry to Asia/China, where most of pollution happens today anyway. I wouldn't be surprised if China funds quite a few green causes, big boost for their industries, and they get to just ignore all…
This has lead to things like [1] where it is significantly more economical for long-haulers to electrify their existing fleet than continue using diesel fuel. I suspect long-haul will reach 90% electrification long before last-mile trucking and private-use automotives.
That said, I imagine you are spot on regarding farming - and pushing industry to less restrictive jurisdictions.
[1]: https://www.theguardian.com/australia-news/2021/apr/29/swap-...
Re: $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
#539Earlier quoted context omitted.
This difference is that in PoS, if anyone ever holds more than ⅓ of the total supply (as is the case with Ethereum's founders currently holding 65% of the overall issuance, for example), they can indefinitely control the chain through their re-org capability.
Could you: 1. Point me to the source that says, " if anyone ever holds more than ⅓ of the total supply (as is the case with Ethereum's founders currently holding 65% of the overall issuance, for example), they can indefinitely control the chain through their re-org capability." 2. Point me to the addresses of Ethereum's founders? Presumably it's then 65% of 115 million eth. Would honestly love to see the details.
Re: $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin
#540Earlier quoted context omitted.
From https://vitalik.ca/general/2020/09/11/coordination.html "A large mining pool publicly showing how they have internally distributed their nodes and network dependencies doesn't do much to calm community members scared of mining centralization. And pictures like these, showing 90% of Bitcoin hashpower at the time being capable of showing up to the same conference panel, do quite a bit to scare people". If you foll…
This difference is that in PoS, if anyone ever holds more than ⅓ of the total supply (as is the case with Ethereum's founders currently holding 65% of the overall issuance, for example), they can indefinitely control the chain through their re-org capability.
I guess Joe has the other 64.71%, or perhaps there are a whole bunch of other founders that I'm unaware of...