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How to send $ETH in 19 lines of Python

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Re: How to send $ETH in 19 lines of Python

#61

Post by vmception »

anotha1 wrote: post #59
vmception wrote: post #49

Earlier quoted context omitted.

okay, there is a robust repurchase agreement (repo) market on the Ethereum network that allows for anyone to enter the repo market to settle trades of practically unlimited sizes. before last year this was exclusively the domain of investments banks given the privilege of using the Federal Reserve's overnight repo market. Where the Federal Reserve would provide hundreds of billions of liquidity and destroy it at the…

In this perfect new world do bad decisions also haunt you forever? Like student loan debt, your ETH reputation will follow you through bankruptcy (but obviously crypto-vestors are all too financially savvy to worry about that).

"much greater accountability" not equal "perfect new world"

my response to you was completely devoid of ideology and you keep trying to shoehorn snarky versions of enthusiast ideology into it

any way regardless of if you were actually asking a question or if you had already made an answer to it, the answer to that question is no, they don't haunt you forever and if the observable nature of blockchain transactions bothers you there are plenty of projects reducing that as well, which some segment of the market might find valuable

Re: How to send $ETH in 19 lines of Python

#64

Post by anotha1 »

voldacar wrote: post #60
anotha1 wrote: post #56

Earlier quoted context omitted.

Straw man. Those societies also existed alongside slavery and tons of other bad shit. So how does that change the value of a functional government?

Central banking caused the end of slavery? now that's a hot take

Have you heard of blood diamonds? I bet ETH solves that problem with a ledger /s

Re: How to send $ETH in 19 lines of Python

#65

Post by anotha1 »

vmception wrote: post #61
anotha1 wrote: post #59

Earlier quoted context omitted.

In this perfect new world do bad decisions also haunt you forever? Like student loan debt, your ETH reputation will follow you through bankruptcy (but obviously crypto-vestors are all too financially savvy to worry about that).

"much greater accountability" not equal "perfect new world" my response to you was completely devoid of ideology and you keep trying to shoehorn snarky versions of enthusiast ideology into it any way regardless of if you were actually asking a question or if you had already made an answer to it, the answer to that question is no, they don't haunt you forever and if the observable nature of blockchain transactions bot…

"We don't trust each other so we need immutable ledgers" sounds like "we need more horsepower so we need stronger horses!"

Works in theory...

Edit:

@vmception: If something leads everyone and their grandmothers to "invest" then it deserves scrutiny. And there is nothing to respond to.

I mean "yes sir, that's right, you have knowledge of financial instruments and speculation, very good, now I'd like to ask why you're OK with people mistaking this as a serious investment instead of the quant-level speculation you are referring to, sir, thanks."

Re: How to send $ETH in 19 lines of Python

#66

Post by vmception »

anotha1 wrote: post #65
vmception wrote: post #61

Earlier quoted context omitted.

"much greater accountability" not equal "perfect new world" my response to you was completely devoid of ideology and you keep trying to shoehorn snarky versions of enthusiast ideology into it any way regardless of if you were actually asking a question or if you had already made an answer to it, the answer to that question is no, they don't haunt you forever and if the observable nature of blockchain transactions bot…

"We don't trust each other so we need immutable ledgers" sounds like "we need more horsepower so we need stronger horses!" Works in theory... Edit: @vmception: If something leads everyone and their grandmothers to "invest" then it deserves scrutiny. And there is nothing to respond to. I mean "yes sir, that's right, you have knowledge of financial instruments and speculation, very good, now I'd like to ask why you're…

you never respond to anything I say and that's annoying

and to the things you do randomly say - as if procedurally generated - so what?

stop trolling, do you want or need to commit state to compute nodes on that network or not? do you want or need to provide liquidity or not? do you like to speculate on other people doing those things more in the future or not? if the answer to all is "no" then move on

Re: How to send $ETH in 19 lines of Python

#67

Post by ASalazarMX »

zenlot wrote: post #50
zionic wrote: post #35

Is there a good replacement for hackernews? The crypto-skepticism that derails every single thread even tangentially related to crypto currency has totally undermined my desire to participate in this community. It appears the "hackers" have moved on.

Yes, it's called lobste.rs. Yet they started suffering from the same 'too sensitive SF crowd lenses', where they see the world with their very narrow view and anything that's not in their narrow space - will be of course downvoted. I kinda miss old groups where you would be able to read "not so popular" comments, without damaging your eyes due to them being greyed out, or without a need to select it to see the text.…

Lobste.rs is a club where the bouncers are extremely selective over who is allowed to come in and partake, only to find most tables are empty.

Re: How to send $ETH in 19 lines of Python

#68

Post by toby »

anotha1 wrote: post #64
voldacar wrote: post #60

Earlier quoted context omitted.

Central banking caused the end of slavery? now that's a hot take

Have you heard of blood diamonds? I bet ETH solves that problem with a ledger /s

It's interesting that the Kimberley Process intended to prevent conflict diamonds is a chain of warranties, one of the criticisms thereto was that there was little proof that the previous warranty ever existed.

So even though you're being sarcastic, you might be on to something there :) (I'm not suggesting this is possible, just idle musings)

Re: How to send $ETH in 19 lines of Python

#69

Post by ASalazarMX »

zionic wrote: post #35

Is there a good replacement for hackernews? The crypto-skepticism that derails every single thread even tangentially related to crypto currency has totally undermined my desire to participate in this community. It appears the "hackers" have moved on.

That's because many of us are skeptical of the current cryptohype. I'm sure many innovative things will come out of all these experiments, but right now, it feels like many people are taking the opportunity to con other people into using real money to buy their virtual money brand.

If you want a cryptocurrency-friendly forum, the r/CryptoCurrency subreddit would be ideal.

Re: How to send $ETH in 19 lines of Python

#70

Post by ptudan »

anotha1 wrote: post #45
ptudan wrote: post #24

Earlier quoted context omitted.

Yes trustless and distributed things have no value, crypto is stupid, BTC is a waste of energy, yada yada yada.

I never said no-value. And my opinion on the valuation is no better than yours. I'm seriously wondering how many things you did this year where you were like "damn, I sure wish this were decentralized and cryptographically secure, yeah, that would make this 10X better for sure, yeah!"

I'm not looking for a 10x improvement, I'm thinking of getting closer to the ideal. So many things are hidden behind layers of obfuscation and forced trust (authority). If society as a whole put many of these functions on chain, at least the hiding would go away.

Long term, I'd love to see fully open implementations of the justice system, education, political donations, property/ip rights, DNS, adtech, on the chain. I don't care if they make money, I'm not saying there are riches here. But I for one would have loved blind grading that is verifiably blind, when I was in school. Teachers had too much arbitrary power. I also would love to earn from my own advertising data, and willingly be able to give it to sites. I could keep going.

Blockchains are obviously a buzzword, and the current crypto hype isn't without plenty of scams. But revolutions don't occur in days or weeks. The push towards trustless and decentralized systems is happening right now, and in my opinion, benefits society. It could take decades to replace systems currently in place.

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