• 13 Posts
  • 472 Comments
Joined 2 years ago
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Cake day: July 4th, 2023

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  • Nothing is perfect, but once a blockchain network is big enough it becomes near impossible to overtake.

    Maybe currently, if the US government really wants to, they could dedicate a few trillion dollars to take over the bitcoin network. But it would make no sense to put that much effort into what would be mostly pointless. And if bitcoin ever reaches a point where it is a full on threat to the dollar then it’s network would probably be too big for any nation to overtake alone.

    So you are not wrong in theory, but in practice it is near impossible.


  • Like most of the tech bro industry, they take something with real value, completely misunderstand it, creates fake value, pumps.

    LLMs are awesome, but the current AI industry is terrible and completely misses the actual value of LLMs.

    NFTs are actually a great way to digitally prove ownership, basically the future of digital ownership certificates.

    Crypto is a way to make money for the people by the people, and not for the rich, by the rich, through the people.

    Blockchain is the core idea that makes crypto and NFTs possible. You can think of it as a decentralized DB, it’s useful because it means that the majority controls the data and not a centralized authority.

    Imagine that the government decided to print a million dollars and give it to some politician, it’s small enough to not be noticed by the market, but it still devalues the money. They could only do it because they own the money management system. In Blockchain each transaction is confirmed by external parties (often multiple ones) and it has to align with the already existing db (which everyone has a copy of) so in that scenario if the government tries to “print” money it will be conflicting with the existing db and it will not be accepted, so they will have to either continue with an incompatible db (making it as worthless as monopoly money) or cancel the transactions by realigning with the common db.

    Blockchain is not meant to be a database like the ones in web servers, it is meant to be a database for a consensus of users.




  • I had a sony xperia go about a decade ago. One time I decided to see if I could even break it. I threw it up in the air in a concrete parking lot as high as I could (about 50-70 feet I think) and it landed on the concrete, nothing but some scratching on the plastic.

    But I will say that today I have a Pixel 8 and I dropped quite a few times, some of which left me scared to look, and it is holding up amazingly.