One of the biggest misconceptions about bitcoin is that it’s a neoliberal/libertarian thing. Thinking this way only shows lack of understanding. A famous short video from the most respected bitcoin educator will make understand better. https://youtu.be/ywO0r_Fz0lc
And about the environmental concerns Lyn Alden has a post that deals with all the misinformation. If you are really interested take the time to read it, it’s exhaustive. https://www.lynalden.com/bitcoin-energy/
Honestly I was expecting far more downvotes. I posted the video with people like you in mind, who still can think critically without the burden of misinformation and ideology.
This video has seemingly no sources for its claims.
It’s just an introductory video. The references are in her book. I counted around 300.
Lyn Alden is part of “Ego Death Capital”, a venture capital company around cryptocurrencies (https://egodeath.capital/team)
Only Bitcoin. Bitcoin is not any crypto or altcoin, which I agree most are scams.
Lyn Alden is the Board Director of Swan Bitcoin - a Bitcoin investment platform (https://www.swanbitcoin.com/alden/) Lyn Alden is not an economist (https://www.lynalden.com/about-lyn-alden/)
Who are you expecting to make a video about the failure of the current system? A banker?
Bitcoin cannot be diluted (~27:25) REALITY CHECK: Bitcoin is always being diluted until it reaches its hard limit.
What she obviously means is that nobody can delute it. It creates new money at a mathematically determined rate.
The value of Bitcoin has only increased over time (~27:50) REALITY CHECK: The log scale is playing tricks. A linear graph would show how volatile Bitcoin has truly been.
She doesn’t say that. She says bigger highs and bigger lows, which is true. That doesn’t mean it always increases.
Bitcoin’s hard limit is likely very dangerous for the network (~29:00): Once the hard limit is reached, it is unclear if people will keep >pumping computing power at it. If the creation of new Bitcoin is no longer allowed, it is possible that transaction fees will need to >be raised to compensate miners.
Dont worry, it will happen in 2140.
And of course is Bitcoin propaganda, and more of this quality is needed.
Besides the solution proposed, the video excels at explaning how we reached the current mess in the economy.
Calling it crypto won’t make people understand. Watching the video will help people to understand, the why and the how. They don’t necessarily have to agree with the solution but the most important thing is understanding the problem because too many people are still unaware of it.
It’s about time it’s also the title of one of the best introductory books on relativity by David Mermin. Specially for those who aren’t good at math but want to understand it beyond popular science books.
Yes, It is MRI… Man Roughly Incinerated.
Be prepared for KYC in github. MS would love it.
It refers to the ability to locate the source of a sound. It supposes that the localization is achieved only by the difference of the time of arrival of the sound to both ears. That’s why the curve is a hyperbola, which is the set of points which distances to the foci (ears) have the same difference, so you couldn’t differentiate which of all the points in the hyperbola is the actual source (confusion). But this is too simplistic, the auditory system is much more sophisticated and the source can be localized by other means.
It’s totally doable because they are real people.
Great job! What about mentioning the bot in the response to a comment that has a Wikipedia link.
Amazing but more usual that one might think, it’s the same anger you can see in people that identity themselves with some other fictions like religion, nationalism, football teams, ideology, race, etc. When watching a movie you kind of temporarily turn off your disbelief to experience joy, sadness, anxiety etc but when the movie is over the healthy behavior is the recognition that everything was an acting. But with the fictions that I just described somehow the disbelief is never turned on, the critical thinking is canceled.
I’ve never been in Reddit so I can’t talk about it but I wouldn’t have been so harsh if you hadn’t already stated that it seems only useful for illegal and immoral activities when it’s so easy to find, if you are “genuinely interested”, that it’s not the case.
With all the information available at your fingertips being ignorant is a choice.
“this parallel financial system can also serve a tangible social good, offering an onramp to the financial system for people who would otherwise be left out. In countries where the vast majority of the population is unbanked, national currencies are no longer a safe store of value, remittances comprise a hefty portion of GDP, and international sanctions complicate connections to the global economy, a virtual currency that doesn’t require an intermediary to approve transactions can be a vital lifeline for survival”
Bitcoin is poised to blow up Africa’s $86 billion banking system
EXCLUSIVE INTERVIEW. In the the next issue of Linux Magazine Torvalds talks about the new default in the single click behavior of Plasma: “KDE, fuck you”
You are literally sending 99% of the new Linux users back to Windows haha. C’ mon its not that hard, look at what custom ROM developers do. They put a big disclaimer warning of the risks of installing the software. You won’t find a single user blaming the devs for a bricked phone, and there are lot of them. The one who has to consider the risks and warn about them is the dev, just because (s)he is the one who knows the software better and not all users are developers and they usually don’t know what are the risks.
Capitalism just means stuff can be >privately owned
This is the antithesis of free software. FOSS can not be owned. Patents and copyright are essential to capitalism. You are not allowed to copy and redistribute Adobe Photoshop, nor the music of your favorite band, movies, books, etc etc
Still on 6.1.0-17 and nothing shows up after sudo apt update.
do you see how easily you are manipulated with misinformation? That’s why people don’t stop talking stupid things about bitcoin. She doesn’t say that in any moment. She says higher highs and higher lows, which is true and doesn’t mean allways increasing.