infinitesunrise
@infinitesunrise@slrpnk.net
- Comment on no way right 5 days ago:
- Comment on It's interesting that gun rights were sold on the basis of "resisting unlawful government." They seen to have caused unlawful government. 5 days ago:
Counterpoint, civilian gun ownership is the only reason why most marginalized identities in the US aren’t already rounded up into extermination camps. Arm every minority.
- Comment on A factory sim in which every pixel has physics is the latest from Manor Lords publishers Hooded Horse 1 week ago:
Jokes on them, Sandustry content deluge incoming.
- Comment on A factory sim in which every pixel has physics is the latest from Manor Lords publishers Hooded Horse 1 week ago:
My favorite game is Noita. Factorio is probably in my top 5. Pray for my free time, fellow lemmings.
- Comment on "Sad thing to be, nonsensical thing to want to be" 💔🥀💔🥀 1 week ago:
I think you touched on why. Ethnic identity is somewhat arbitrary, and tied up with national / cultural identity. In the US, despite our xenophobic phases most of us culturally identify as a nation of immigrants. So in terms of ethnicity, we’re more concerned with where our lineage existed before arriving in the United States, rather than how long it’s existed in the United States. There’s a bit of a hierarchy of “who’s family has existed in the US the longest”, but all of those claims are still anchored by which nations their ancestors came from.
There’s also the fact that American genetics haven’t been sedentary long enough - And probably never will be - For us to mix evenly enough to develop a unified physical appearance. Ethnicity is of course not just skin deep, but ethnic identity and identification often uses it as shorthand, and there is as far as I know no stereotypical American ethnic appearance.
- Comment on Study: Remote working benefits fathers while childless men miss sense of community 1 week ago:
It’s propaganda.
- Comment on Study: Remote working benefits fathers while childless men miss sense of community 1 week ago:
Well then call me the outlier, cause I’m a childless man who has been happily working remote since before covid. I’d rather be jobless than go back to office work. I have a small group of non-work friends that I enjoy spending time with, and back when I did office work the majority of my friends were not work friends
- Comment on "Sad thing to be, nonsensical thing to want to be" 💔🥀💔🥀 1 week ago:
Ethnicity vs nationality.
- Comment on US | ‘No Kings’ demonstrator dies after being shot at Utah protest, police say 1 week ago:
Fuck I’d hate the be the guy who stopped him. Non-zero chance that he didn’t actually stop a mass shooting, and ending up being the only party present who actually killed an innocent person.
- Comment on we are not the same 1 week ago:
Goldeneye Facility bathroom
- Comment on Deez peets 2 weeks ago:
Came to the comments for The Arrival mention, TY.
- Comment on Kid gave a reasonable answer without all the math bullshit 3 weeks ago:
Interesting, I’m autistic and what frustrates me here is that the question specifically asks you to posit “How is it possible” and the teacher insists that you’re supposed to just say it’s not.
- Comment on Kid gave a reasonable answer without all the math bullshit 3 weeks ago:
How is that possible?
“False”
🤷♂️
- Comment on Kid gave a reasonable answer without all the math bullshit 3 weeks ago:
The question literally says “Marty ate more pizza”. It’s a foundational fact that you’re given as a part of the problem. If the answer was the say “Actually, no he didn’t” then you might as well answer “No, he actually at 1/6 of his pizza”.
- Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure 3 weeks ago:
They issue “convertible notes”, which this coindesk article explains far better than I could because I am not a finance head and honestly do not fully understand them.
- Comment on You really have to reach back to remember how THIS worked in your car 3 weeks ago:
1995? We were still using these in like 2008.
- Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure 3 weeks ago:
Alright, well in the spirit of you not thinking it’s a scam and merely listing why others may think it is, I guess I’ll respond to your compiled list.
the proof of work aspect encourages miners to keep adding more hash rate to the network so long as it is profitable to do so and not whether the network actually needs it. It takes crazy amounts of energy for simple transactions.
TL;DR I think this is a valid argument. But let’s break it down to really know what we’re saying. If you take the estimated global mining power of 175 TWh at an average 3,000 transactions per block, it works out to 1.1 MW/transaction. Which is a ton, easily arguable as far too much. The problem with this argument are IMO threefold:
- It ignores sidechains like lightning, a federated network that handles the majority of small bitcoin transactions. Anecdotally speaking, most purchases of goods and services that I’ve ever made in bitcoin (Mostly software and game passes, a few coffees) have been via lightning. Potentially billions of lightning TXs can tether behind a single on-chain transaction. I do not believe lightning processes this level of volume today, but as it’s an immeasurable federated network it casts heavy doubt all power estimates. I would not be surprised if the radio of side-chain to on-chain BTC transactions is already 100:1. Which is still too much but…
- …The power argument gives a free pass to even more expensive proof of works that already exist, which are normalized enough to us that we do not think of them as the proof of works that they are. What is the single largest consumer of energy on the planet but an energetic protection of the value of the USD? There is a reason that the US military is several times larger than the next 9 world militaries combined, and it is not territorial expansion or defense. I’m not naive enough to think that a deflationary currency can stop a nation state from committing military violence on a mass scale so long as it wants to, but every time I hear that “proof of work is a waste” I get frustrated at what I see as misdirection.
- Mining intensity plateaus over the long term due to several factors. Decreasing block rewards, regulatory catchup, and industry crowding put a cap on participation. The one and only force pushing back against these weights is increasing bitcoin value, which itself plateaus over time or at least S-curves off. When the price spikes, you are right that miners respond to the profit incentive by growing. But these spikes become less pronounced year over year, and with them the industry has already begun to level off. It’s growth is not exponential like some believe, and certainly not runaway.
Proof of stake algorithms (like Ether) is just a plot for the rich to get richer and favor early adopters who have more coins.
I agree with this. I feel that PoS breaks the holistic system that bitcoin’s whitepaper outlines. But Etherium is not Bitcoin, and I would not bother arguing for it’s sake.
It’s controlled by technology and not laws and can’t be fixed.
Just plain wrong. We have plenty of very strict laws that control software use. We can and should have laws surrounding bitcoin use, especially ones that pertain to steering the mining industry and taxation.
Someone stealing it is more likely to get away with it because it’s not like a company can just revert fraud.
Conditionally true. If the thief is in Russia or one of a handful of other nations that stand contrary to global financial regulation, then yes it would be relatively easy for them to get away with it. But outside of those jurisdictions it would be a matter of time before a motivated law enforcement agency tracked them down, as just about all on/off ramps are now regulated and value movement can be tracked along a chain of wallets - Including tumblers / mixers! - On the public ledger. Still conditional though, because the fund could be spent long before the thief is caught. This is one of the main reasons why I think multi-sig wallets are going to become the norm over the next decade.
it doesn’t hold value. Stocks do hold value because you own a portion of that company and if they don’t reinvest their profits you get dividends. Money does hold value because even in the absence of a gold standard we’ve been using it long enough that it’s so ingrained in everything and everyone agrees it has value. Money has value in that the massive amount of financial regulations surrounding it creates a more stable value. Not everyone agrees crypto has value. Crypto is hardly regulated. Crypto wildly fluctuates in price.
IMO this argument is completely vapid, and illustrative of my main gripe about the way that people criticize bitcoin. Bitcoin is money, all of the arguments made for “money” that you relay here can be made for bitcoin, and the fact that bitcoin is money is not a strength, it is the one single ACTUAL heavyweight criticism that can and should be leveled against bitcoin. But suddenly when it’s time to argue against bitcoin, all the leftists suddenly transform into liberals. Arguing against bitcoin from the position of defending money, rather than arguing against money, including bitcoin, on the basis that not only is bitcoin money but that it is accelerated, hyper-financialized, straight-into-your-veins money that intensifies all the typical immiseration of workers that capitalism already did! I can’t believe that people actual argue that “bitcoin isn’t money and that’s why it’s bad” instead of “bitcoin is the most money that ever did money and THAT is why it’s bad”!
it is often used in scams and makes it easier for scammers to be anonymous and lock down funds they steal.
Merh, I don’t find this argument compelling. I really don’t think that most scammers are anonymous or need to be. Most of the scams I see in the world are right out there in the open. The scammers are out there pushing their scams with their real faces. Crypto as a whole does attract scammers. But again, most of them have known names and addresses.
Anyway, since these aren’t necessarily all your arguments I’d be interested to see how your own opinions of them compare to mine. My fingers are sore, that was a lot of typing.
- Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure 3 weeks ago:
Oh, I completely forgot about that. Speaking out my ass. Thanks.
- Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure 3 weeks ago:
No, it’s your accusation. You tell me why you think it’s a scam and if I don’t feel like your arguments hold water, I’ll tell you why.
- Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure 3 weeks ago:
People can all have different reasons for a thing and yet all still come to the wrong conclusion. Bitcoin just doesn’t meet the criteria for a scam. It’s one thing to not like or trust it for legitimate reasons. It’s another thing to denounce the thing you don’t like or trust with an invalid accusation.
- Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure 3 weeks ago:
There are definitely elements of this administration that want to see their particular shitcoin approved. We’ll see. It was quite the epic legal battle to even get bitcoin through that door. The SEC has rules for financial fundamentals that bitcoin legitimately met, which other coins would have a much harder time proving.
- Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure 3 weeks ago:
That is not what’s stopping people for paying for things in bitcoin. When you buy something in BTC you pay the equivalent to whatever you would have paid in the local fiat. And on the vendor side, merchant services often convert that paid BTC into fiat in the moment after the sale. What actually keeps people from paying for day to day goods and services in BTC is Gresham’s Law, the observation that nobody wants to pay for purchases with an appreciating asset, so long as there’s also a depreciating asset they could pay with instead.
- Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure 3 weeks ago:
Bitcoin is the only crypto that has been approved by the SEC to be included in ETFs. So far.
- Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure 3 weeks ago:
It’s not a scam. It’s also not immune from valid criticism, but people who call it a scam don’t understand it well enough to make those criticisms.
- Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure 3 weeks ago:
Their value-add is that they financialize their bitcoin holdings to grow their bitcoin-backed shares faster than the bitcoin itself. Higher risk than just holding bitcoin or ETFs that just hold bitcoin, but something like 30-40% better returns.
- Comment on I feel attacked 3 weeks ago:
I’m a middle-aged cyclist (though I got into it around 20) who eschews lycra. I hate the look, the fit, and the feel. I bike in vans slip-on, running shorts, and t-shirts. At most I’ll wear chamois under the shorts. No clips for me either, flats with the peg screws forever. 90% road cyclist btw, very little mountain biking. Oh and no fitness tracker / GPS as of a few years ago. I just need as little friction as possible between being not on the bike and being on the bike. For me it translates to more fun and many more miles.
- Comment on Plex now will SELL your personal data 3 weeks ago:
You can run plexserver as a service outside of docker. That’s how I ran it years ago, before I got comfortable with docker.
- Comment on Little miracles 4 weeks ago:
Probably Brooklyn Bowl. It’s a combo bowling alley / mid-sized music venue in Brooklyn NY that opened a second location in Vegas a while back, because Brooklyn-branded things are apparently a big attraction for foreign tourists in the US.
- Comment on We're deep into the baggy era mate 4 weeks ago:
Vans Slip-On Pros are basically the sharks of the shoe world: They hit optimal design a very long time ago, have barely changed since, and continue to remain one of the most effective species out there.
- Comment on We're deep into the baggy era mate 4 weeks ago:
The droopy crotch on most joggers is really annoying for me. I like a more loose fit around the thighs but not MC Hammer levels of loose.
