I mean, I personally think crypto is the stupidest solution to the stupidest problem. It’s a waste of resources that exists purely because we can’t trust each other or our governments. In an ideal world there would be none of this massive, wasteful overhead because we could simply have trustworthy ledgers and no fear that our ledgers would be abused or our use of them be unjustly limited.
I think the solution to this is not to circumvent government fiat or find some way to remove the need for trust in our institutions or each other, the solution is to repair our trust in our government and one another. The value of currency should be derived from the social contract, not from the fact that some math problems are hard.
Of course, I’m not going to pretend like that’s something I have anything close to a real solution for.
I mean, I personally think crypto is the stupidest solution to the stupidest problem. It’s a waste of resources that exists purely because we can’t trust each other or our governments. In an ideal world there would be none of this massive, wasteful overhead because we could simply have trustworthy ledgers and no fear that our ledgers would be abused or our use of them be unjustly limited.
I think the solution to this is not to circumvent government fiat or find some way to remove the need for trust in our institutions or each other, the solution is to repair our trust in our government and one another. The value of currency should be derived from he social contract, not from the fact that some math problems are hard.
Of course, I’m not going to pretend like that’s something I have anything close to a real solution for.
You're correct, tho.
If Cryptocurrency was some kind of neutral thing it'd be one thing. But it's driving up prices for things like GPU's and RAM which, in turn, is driving up pricing for large supercomputers that do the kind of work I think I remember you talking about that would benefit all of mankind like medical simulations and experimentation. It allows international criminals to operate far more freely (very, very bad fucking people). And it's using a fuckload of energy that we need for other things.
There is not one single benefit to its existence. You don't need an alternate solution when removing the problem is a solution within itself.
Literally paying people to both spread anti-Semitic conspiracies and call all their opponents anti-Semitic.
Also saying they were aware of the fake news being spread during the election but that they didn't want to stop the fake news from being spread because then they might be accused of being "biased"
I first went to PAX Prime in 2009. It still doesn't seem that long ago.
days go slow and years go fast
Work goes slow and years disintegrate between your fingers
I was twenty-one years when I wrote this song
I'm twenty-two now but I won't be for long
Time hurries on
And the leaves that are green turn to brown
And they wither with the wind
And they crumble in your hand
You go in the cage, cage goes in the water, you go in the water. Shark's in the water, our shark.
Fun fact: the earliest reference to Bitcoin on these forums was in 2011. Over seven years ago. It is hard to believe that it would contribute so much to global warming from such small beginnings.
Bitcoin's massive contributions to global warming are largely because of Chinese Bitcoin mining on coal-powered grids. You could look at literally any heavy computing task in China and say "this is driving global warming."
Those other heavy computing tasks might have value outside of money laundering.
Some significant but unknown/incalculable portion of Chinese Bitcoin use is to pseudonymously subscribe to VPN services to circumvent the great firewall.
That said, I do think that cryptocurrency speculation is stupid, and carbon emissions for speculation is extra stupid. So I'm not saying "Bitcoin is all good." I just don't think that cryptocurrency as a method for circumventing drug laws in the US or censorship in China is morally bad. But that's a deeper philosophical issue: I just can't summon much personal outrage over people breaking laws that I see as unjust.
I'm a bit out of date now, but from last time I read about it bitcoin was also fueled by rich Chinese who were trying to get their Yuan out of China. China has limitations on overseas wealth transfers, exactly because when someone gets rich in China the thing they tend to do is immediately leave China, and take their money with them. So China's like, well, you can move if you want, but your money's staying in our economy, which stymies ultra-rich potential emigrants. Bitcoin was a useful way for folks to move their cash out of yuan, into bitcoin, and then from there into dollars.
So as China started to catch up on various cryptocurrencies the currencies tended to collapse in price shortly afterwards.
A trap is for fish: when you've got the fish, you can forget the trap. A snare is for rabbits: when you've got the rabbit, you can forget the snare. Words are for meaning: when you've got the meaning, you can forget the words.
+1
zepherinRussian warship, go fuck yourselfRegistered Userregular
regarding being alone forever and dating not working out tbh that atlantic article about youth having less sex (as it was titled, but it was about more than that) made me feel better cuz like it sucks for everyone
maybe reading it will help your feelings
i don't know if it will
holy shit though the weather is GROSSSSSS outside
slush city
poo
+2
Havelock3.0What are you?Some kind of half-assed astronaut?Registered Userregular
regarding being alone forever and dating not working out tbh that atlantic article about youth having less sex (as it was titled, but it was about more than that) made me feel better cuz like it sucks for everyone
maybe reading it will help your feelings
i don't know if it will
holy shit though the weather is GROSSSSSS outside
slush city
regarding being alone forever and dating not working out tbh that atlantic article about youth having less sex (as it was titled, but it was about more than that) made me feel better cuz like it sucks for everyone
maybe reading it will help your feelings
i don't know if it will
holy shit though the weather is GROSSSSSS outside
slush city
It was meant to be snowing by now but it isn't
-you- can have 10+ inches of snow overnight too
+2
VariableMouth CongressStroke Me Lady FameRegistered Userregular
Literally paying people to both spread anti-Semitic conspiracies and call all their opponents anti-Semitic.
Also saying they were aware of the fake news being spread during the election but that they didn't want to stop the fake news from being spread because then they might be accused of being "biased"
regarding being alone forever and dating not working out tbh that atlantic article about youth having less sex (as it was titled, but it was about more than that) made me feel better cuz like it sucks for everyone
maybe reading it will help your feelings
i don't know if it will
holy shit though the weather is GROSSSSSS outside
slush city
It was meant to be snowing by now but it isn't
walking home was treacherous slippery slush mess
also the trains were messed up so i put off going home until they were less messed up and just sat around playing mario tennis in the office for too long
poo
+3
ShivahnUnaware of her barrel shifter privilegeWestern coastal temptressRegistered User, Moderatormod
Posts
Work goes slow and years disintegrate between your fingers
I think the solution to this is not to circumvent government fiat or find some way to remove the need for trust in our institutions or each other, the solution is to repair our trust in our government and one another. The value of currency should be derived from the social contract, not from the fact that some math problems are hard.
Of course, I’m not going to pretend like that’s something I have anything close to a real solution for.
You're correct, tho.
If Cryptocurrency was some kind of neutral thing it'd be one thing. But it's driving up prices for things like GPU's and RAM which, in turn, is driving up pricing for large supercomputers that do the kind of work I think I remember you talking about that would benefit all of mankind like medical simulations and experimentation. It allows international criminals to operate far more freely (very, very bad fucking people). And it's using a fuckload of energy that we need for other things.
There is not one single benefit to its existence. You don't need an alternate solution when removing the problem is a solution within itself.
Multiple times now I’ve been using a guest bath only to figure out a door I thought was a closet takes me into the master bedroom
Wtf
Voyeurs
*studies jrx as he has pre-marital sex*
the "no true scotch man" fallacy.
Check out my site, the Bismuth Heart | My Twitter
Literally paying people to both spread anti-Semitic conspiracies and call all their opponents anti-Semitic.
What? Zuckerberg was paying people to be anti-semitic?
Check out my site, the Bismuth Heart | My Twitter
Also saying they were aware of the fake news being spread during the election but that they didn't want to stop the fake news from being spread because then they might be accused of being "biased"
Rock Band DLC | GW:OttW - arrcd | WLD - Thortar
So sharp that nobody will find the butthole
While you were out speculating on cryptocurrency, I studied the pre-marital sex.
It's Soroses all the way down.
I got a little excited when I saw your ship.
Yeah spreading Soros conspiracies. One of the Pod guys was involved. Whole thing is nuts.
I got him set up with a couple of dear friends of mine, at least for tonight
why just the other day i puked jose cuervo all over the bathroom floor
I was twenty-one years when I wrote this song
I'm twenty-two now but I won't be for long
Time hurries on
And the leaves that are green turn to brown
And they wither with the wind
And they crumble in your hand
Tell him the only thing he’s allowed to do anymore is play with legos.
Worked for my parents.
I'm a bit out of date now, but from last time I read about it bitcoin was also fueled by rich Chinese who were trying to get their Yuan out of China. China has limitations on overseas wealth transfers, exactly because when someone gets rich in China the thing they tend to do is immediately leave China, and take their money with them. So China's like, well, you can move if you want, but your money's staying in our economy, which stymies ultra-rich potential emigrants. Bitcoin was a useful way for folks to move their cash out of yuan, into bitcoin, and then from there into dollars.
So as China started to catch up on various cryptocurrencies the currencies tended to collapse in price shortly afterwards.
I'd love it if you took a look at my art and my PATREON!
I'd love it if you took a look at my art and my PATREON!
Dear Mister Benjamin Arwhal
I have food and a bed.
Your country survives, for now
@BeNarwhal
maybe reading it will help your feelings
i don't know if it will
holy shit though the weather is GROSSSSSS outside
slush city
While you mastered the blockchain
My first time was a notch on a bedpost to a pretty hipster girl with tattoos, a pixie cut and pierced nipples
Oh no, weather
My only weakness
Here have 10+ inches of snow overnight.
You'll be exhausted and barely able to eat lunch.
and then it'll snow -again-
It was meant to be snowing by now but it isn't
I'd love it if you took a look at my art and my PATREON!
-you- can have 10+ inches of snow overnight too
they would have
I went again in 2010 and then I went to PAX South seven years later.
walking home was treacherous slippery slush mess
also the trains were messed up so i put off going home until they were less messed up and just sat around playing mario tennis in the office for too long
Shit, I can't master premarital sex now, either
All buses cancelled, people getting openly drunk
and the gengars who are guiding me" -- W.S. Merwin