For context: - "Arnold" is Arnold Schwarzenegger, an Austrian-born American actor who served as Governor of California. https://en.wikipedia.org/wiki/Arnold_Schwarzenegger - The US Constitution restricts eligibility for…
Is it the smart who are successful?
When people think something is bad and keep encountering other people saying it is good, they respond. There's no reason why anyone should get "involved in the space" before expressing their opinion.
Of course it's possible to live in a more basic, debt-free way, but my suspicion is that in the USA (which is the scope of the article) most people do not, which reduces the pool of people with enough time and energy to…
Did people during the period(s) of high innovation have as much personal debt (especially home mortgages) as people do today? A lot of people have too many bills coming in every month to devote time and effort to things…
> [I]f there were legitimate buying of BTC with Tether, which is plausible after the ass-whooping USDBTC has taken recently, new Tether would need to be issued to keep the 1:1 peg. Can you explain in detail why new…
"Intuitive for who" is a good question, and I hope the answer is "intuitive to the new/occasional user". I've used a number of different DAWs, and the main challenge is that if I haven't made any music for several…
I feel like I'm too ignorant of mathematics to be confused by this "proof". When you set out to prove "for any set of n horses, every horse in that set has the same color" and you then "suppose for all sets of n horses,…
I wasn't referring to upgrades, I was referring to control of the existing, finite supply of Bitcoin. In a Bitcoin-centered economy, a relatively small community of "whales" would have de-facto control of the supply,…
> Bitcoin is totally elitist and mostly a vehicle for speculation. I agree, but the parent poster does have a point. There are places where the economic situation has deteriorated to the point that using Bitcoin can…
But his point that Bitcoin is also essentially controlled by a central authority, i.e. the Bitcoin community, has merit. (Even if the control isn't formal, owning a large percentage of a finite "thing" still counts as…
Ideally cryptocurrencies will disappear on their own before lots of people have lots of money tied up in them. Regulating them makes them appear safer than they actually are.
I don't understand this push for regulation of cryptocurrencies. Just let the mathematics govern. It'll either work on its own, or as people lose their money to trickery and/or carelessness, there will be less and less…
Is there any objective reason (performance, reliability, etc) to avoid certain TLDs?
> outside of our comfy western countries most people have this problem. Can you cite some evidence that there are people keeping long-term savings* in cash and has adequate internet access and computing resources to…
> You don't see how people are unhappy with getting their savings diluted by unlimited money printing? Money printing dilutes wealth if you hold it in cash, but every other asset appreciates. Moreover if you have more…
Wouldn't a dozen prepaid SIM cards mean 12 times as many things to defend? Also wouldn't anyone you paid to "do it for you" need to be trusted, undermining the no-trust principle of cryptocurrencies?
> But no one forces them to be in that industry, other than their desire to earn high wages. High wages are definitely a factor but being competitive and feeling energized by trades paying off count as well. It's a…
> A disgrace for education but a win for educational communism. I was under the impression that (actual) communist educational systems were geared predominantly toward the most advanced students, rather than the other…
> It felt like a lot of formality with no real benefit to either side. Isn't the intent to benefit third parties though? I thought the point of pay transparency is to provide information to people who don't have the…
You abandon the shorthand altogether, so that "cryptography" and "cryptocurrency" are distinguished the same way that "astronomy" and "astrology" are.
> share the profits from trading The purpose of trading is to get money, not to share it.
> For the bubble to burst, a lot of underutilized housing would need to come onto the market at once... It doesn't have to be a lot. It might only require a little underutilized housing to cause a price drop, depending…
Few people want to join a small community with an entrenched social hierarchy though. In the microblogging world there's also a hierarchy, but the old guard gets pushed aside, replaced, or made irrelevant more often.…
> [T]hey behaved like visible light, yet they were not detected by the human eye. The early days of discovering things that were real, but not human-perceptible, must have seemed almost magical. We're used to it now,…
For context: - "Arnold" is Arnold Schwarzenegger, an Austrian-born American actor who served as Governor of California. https://en.wikipedia.org/wiki/Arnold_Schwarzenegger - The US Constitution restricts eligibility for…
Is it the smart who are successful?
When people think something is bad and keep encountering other people saying it is good, they respond. There's no reason why anyone should get "involved in the space" before expressing their opinion.
Of course it's possible to live in a more basic, debt-free way, but my suspicion is that in the USA (which is the scope of the article) most people do not, which reduces the pool of people with enough time and energy to…
Did people during the period(s) of high innovation have as much personal debt (especially home mortgages) as people do today? A lot of people have too many bills coming in every month to devote time and effort to things…
> [I]f there were legitimate buying of BTC with Tether, which is plausible after the ass-whooping USDBTC has taken recently, new Tether would need to be issued to keep the 1:1 peg. Can you explain in detail why new…
"Intuitive for who" is a good question, and I hope the answer is "intuitive to the new/occasional user". I've used a number of different DAWs, and the main challenge is that if I haven't made any music for several…
I feel like I'm too ignorant of mathematics to be confused by this "proof". When you set out to prove "for any set of n horses, every horse in that set has the same color" and you then "suppose for all sets of n horses,…
I wasn't referring to upgrades, I was referring to control of the existing, finite supply of Bitcoin. In a Bitcoin-centered economy, a relatively small community of "whales" would have de-facto control of the supply,…
> Bitcoin is totally elitist and mostly a vehicle for speculation. I agree, but the parent poster does have a point. There are places where the economic situation has deteriorated to the point that using Bitcoin can…
But his point that Bitcoin is also essentially controlled by a central authority, i.e. the Bitcoin community, has merit. (Even if the control isn't formal, owning a large percentage of a finite "thing" still counts as…
Ideally cryptocurrencies will disappear on their own before lots of people have lots of money tied up in them. Regulating them makes them appear safer than they actually are.
I don't understand this push for regulation of cryptocurrencies. Just let the mathematics govern. It'll either work on its own, or as people lose their money to trickery and/or carelessness, there will be less and less…
Is there any objective reason (performance, reliability, etc) to avoid certain TLDs?
> outside of our comfy western countries most people have this problem. Can you cite some evidence that there are people keeping long-term savings* in cash and has adequate internet access and computing resources to…
> You don't see how people are unhappy with getting their savings diluted by unlimited money printing? Money printing dilutes wealth if you hold it in cash, but every other asset appreciates. Moreover if you have more…
Wouldn't a dozen prepaid SIM cards mean 12 times as many things to defend? Also wouldn't anyone you paid to "do it for you" need to be trusted, undermining the no-trust principle of cryptocurrencies?
> But no one forces them to be in that industry, other than their desire to earn high wages. High wages are definitely a factor but being competitive and feeling energized by trades paying off count as well. It's a…
> A disgrace for education but a win for educational communism. I was under the impression that (actual) communist educational systems were geared predominantly toward the most advanced students, rather than the other…
> It felt like a lot of formality with no real benefit to either side. Isn't the intent to benefit third parties though? I thought the point of pay transparency is to provide information to people who don't have the…
You abandon the shorthand altogether, so that "cryptography" and "cryptocurrency" are distinguished the same way that "astronomy" and "astrology" are.
> share the profits from trading The purpose of trading is to get money, not to share it.
> For the bubble to burst, a lot of underutilized housing would need to come onto the market at once... It doesn't have to be a lot. It might only require a little underutilized housing to cause a price drop, depending…
Few people want to join a small community with an entrenched social hierarchy though. In the microblogging world there's also a hierarchy, but the old guard gets pushed aside, replaced, or made irrelevant more often.…
> [T]hey behaved like visible light, yet they were not detected by the human eye. The early days of discovering things that were real, but not human-perceptible, must have seemed almost magical. We're used to it now,…