> For this specific application, it's a game (digdig.io), so these 11% might likely be browsers that didn't fully connect to the game, or bots that don't fully support the apis I'm using. ...or people that simply refuse…
> Someone asking to be paid in cash is inherently suspicious (at a minimum they're probably evading tax, if not an outright scammer). Maybe to you, but not to me. First, not all countries have widespread low-cost…
> If it's true that blockchain assets can be seized by courts, it should be pretty easy to find hundreds of cases of such seizures. Well, then... I guess you are right and property rights simply don't apply to…
My point is that property laws apply equally to cash and to (so called) blockchain assets (and to many other types of assets): if you are within the court's jurisdiction, it can always compel you to give them whatever…
> Property rights are a social construct [...] Right. So expecting a social informal construct to be enforced in an automated way is, to put it mildly, difficult. > Sure, it may be difficult, in some situations, to…
> The blockchain, on the other hand, was invented to keep track of who owns that. That's its only purpose. Well.. its purpose is to enable transactions between people, and not keep track of legal ownership of things. In…
Have you ever heard that "posession is nine-tenths of the law"? Well... this is a system in which "posession is ten-tenths of the law". This has obvious disadvantages (as you pointed out), but it also has a clear…
> Oh come on, look at your comment above mine in this thread. Was that comment addressed at you? Please point out an actual example of me engaging in bad-faith argumentation with you. This is what you said, right? That…
> I am quite confident my arguments are sound. Ah, yes. Like the argument that "Tether is being investigated for fraud" thus "every stablecoin is essentially fraud". Seems like a water-tight argument you have there. >…
I'm arguing in bad faith, according to you, even though I individually and respectfully tried to address every point you asked/made. Yet, you are the one doing unbased accusations of fraud ("stablecoins are essentially…
> As far as I know there are legal proceedings ongoing agains Tether - I don't think this is a conspiracy theory. Even so, how do you go from "there are legal proceedings against Tether" to "there seems to be very…
And "making money" does not sound like a use-case to you? Ok. And tulips are not worthless... they just aren't as valuable as people thought they were, during the tulip mania.
> For 1 USD = 0 EUR to become a reality, we would have to imagine a massive geopolitical shift has taken place. Which is a possibility (the same way that 1 BTC = 0 USD is also a possibility; just a very unlikely…
> in my opinion > I think could Who is speculating about the value of things here? Wasn't speculation supposed to be bad? None of the things you mentioned support the hypothesis that the value of BTC is literally zero…
Yes, I know. But it was the original claim that triggered the current thread. Either way, thanks for the insight and information you brought to the discussion.
Was that even the question to begin with? Here is the comment I replied to, originally [0]. Try to find the word "Bitcoin" there. And, again, thanks for continuing to support my point, by failing to address the fact…
Ok. So... if even traditional finance is slowly adopting these things, it kind of becomes hard to hold on to the idea that there aren't actually any use-cases outside of crime and speculation. EDIT: Just to address your…
> Because if 1 BTC = 0 USD... A big assumption here. I can also hypothesize that 1 USD = 0 EUR, at some point in the future, and, thus, holding or buying USD is pure speculation and there is no compelling reason to try…
> 1) Granted, but also EURUSD pricing does not work like any AMM [...] Exactly. So, if I want to put liquidity in EURUSD market, I have no choice but to actively manage it, since traditional financial institutions won't…
Yes... and? Are people that have Bitcoin not allowed to do useful things with what they have? Does it bother you that there are actual legitimate use-cases for these things (as you seemingly admit, by not including my…
Regarding point 2, what's wrong with assuming that 1 BTC is worth 1 BTC now and forever? If I'm not trading asset A for asset B, then it's hardly "speculation". If it makes it any better, I can lend BTC and ask to get…
I'll bite the bullet and assume that you're asking a legitimate question in good faith: 1) Imagine I have 100 USD and 100 EUR and I want to provide liquidity to a USD-EUR pair to get a cut of exchange fees. Which…
What do you mean when you say AI? I'm curious. As far as I can tell, most people (e.g., whoever wrote this article) seem to use AI as a synonym for "machine learning", basically.
> Given a Dirac comb > c(x) = 1/n Σ_i=1^n δ(х - x_i) Sorry for the pedantry, but a mixture of Dirac distributions is almost always not a Dirac comb. Notice that a mixture of Dirac distributions is a Dirac comb only if…
I think you may have misinterpreted my last phrase (it was not an attempt at insulting you or calling you a scammer at all). I'll rephrase it: "It's almost as if, if one is working in something blockchain-related, one…
> For this specific application, it's a game (digdig.io), so these 11% might likely be browsers that didn't fully connect to the game, or bots that don't fully support the apis I'm using. ...or people that simply refuse…
> Someone asking to be paid in cash is inherently suspicious (at a minimum they're probably evading tax, if not an outright scammer). Maybe to you, but not to me. First, not all countries have widespread low-cost…
> If it's true that blockchain assets can be seized by courts, it should be pretty easy to find hundreds of cases of such seizures. Well, then... I guess you are right and property rights simply don't apply to…
My point is that property laws apply equally to cash and to (so called) blockchain assets (and to many other types of assets): if you are within the court's jurisdiction, it can always compel you to give them whatever…
> Property rights are a social construct [...] Right. So expecting a social informal construct to be enforced in an automated way is, to put it mildly, difficult. > Sure, it may be difficult, in some situations, to…
> The blockchain, on the other hand, was invented to keep track of who owns that. That's its only purpose. Well.. its purpose is to enable transactions between people, and not keep track of legal ownership of things. In…
Have you ever heard that "posession is nine-tenths of the law"? Well... this is a system in which "posession is ten-tenths of the law". This has obvious disadvantages (as you pointed out), but it also has a clear…
> Oh come on, look at your comment above mine in this thread. Was that comment addressed at you? Please point out an actual example of me engaging in bad-faith argumentation with you. This is what you said, right? That…
> I am quite confident my arguments are sound. Ah, yes. Like the argument that "Tether is being investigated for fraud" thus "every stablecoin is essentially fraud". Seems like a water-tight argument you have there. >…
I'm arguing in bad faith, according to you, even though I individually and respectfully tried to address every point you asked/made. Yet, you are the one doing unbased accusations of fraud ("stablecoins are essentially…
> As far as I know there are legal proceedings ongoing agains Tether - I don't think this is a conspiracy theory. Even so, how do you go from "there are legal proceedings against Tether" to "there seems to be very…
And "making money" does not sound like a use-case to you? Ok. And tulips are not worthless... they just aren't as valuable as people thought they were, during the tulip mania.
> For 1 USD = 0 EUR to become a reality, we would have to imagine a massive geopolitical shift has taken place. Which is a possibility (the same way that 1 BTC = 0 USD is also a possibility; just a very unlikely…
> in my opinion > I think could Who is speculating about the value of things here? Wasn't speculation supposed to be bad? None of the things you mentioned support the hypothesis that the value of BTC is literally zero…
Yes, I know. But it was the original claim that triggered the current thread. Either way, thanks for the insight and information you brought to the discussion.
Was that even the question to begin with? Here is the comment I replied to, originally [0]. Try to find the word "Bitcoin" there. And, again, thanks for continuing to support my point, by failing to address the fact…
Ok. So... if even traditional finance is slowly adopting these things, it kind of becomes hard to hold on to the idea that there aren't actually any use-cases outside of crime and speculation. EDIT: Just to address your…
> Because if 1 BTC = 0 USD... A big assumption here. I can also hypothesize that 1 USD = 0 EUR, at some point in the future, and, thus, holding or buying USD is pure speculation and there is no compelling reason to try…
> 1) Granted, but also EURUSD pricing does not work like any AMM [...] Exactly. So, if I want to put liquidity in EURUSD market, I have no choice but to actively manage it, since traditional financial institutions won't…
Yes... and? Are people that have Bitcoin not allowed to do useful things with what they have? Does it bother you that there are actual legitimate use-cases for these things (as you seemingly admit, by not including my…
Regarding point 2, what's wrong with assuming that 1 BTC is worth 1 BTC now and forever? If I'm not trading asset A for asset B, then it's hardly "speculation". If it makes it any better, I can lend BTC and ask to get…
I'll bite the bullet and assume that you're asking a legitimate question in good faith: 1) Imagine I have 100 USD and 100 EUR and I want to provide liquidity to a USD-EUR pair to get a cut of exchange fees. Which…
What do you mean when you say AI? I'm curious. As far as I can tell, most people (e.g., whoever wrote this article) seem to use AI as a synonym for "machine learning", basically.
> Given a Dirac comb > c(x) = 1/n Σ_i=1^n δ(х - x_i) Sorry for the pedantry, but a mixture of Dirac distributions is almost always not a Dirac comb. Notice that a mixture of Dirac distributions is a Dirac comb only if…
I think you may have misinterpreted my last phrase (it was not an attempt at insulting you or calling you a scammer at all). I'll rephrase it: "It's almost as if, if one is working in something blockchain-related, one…