Anus B. Samus

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  • 16 Comments
Joined 1 year ago
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Cake day: June 8th, 2023

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  • In theory. But then real life happens:

    • You may not always have interner and power but need goods
    • You may send money to the wrong wallet -> gone forever (doesn’t even have to be yout fault, great target for man in the middle attacks)
    • You may forget your passphrase or your grandpa dies and you inherit nothing as nobody can access the money
    • You want to pay in you supermarket. Great you have to wait till you transaction gets processed as this is super slow. And wait until many more people use this currency.
    • It’s pseudonymous not anonymous. Everyone you send money and know in real life knows about your financials in detail 👌🏻

    Macro things:

    • It’s great to freeze assets of people who are shit
    • It’s great to be able to control the amount of money in the system to counter crisis or just keep the economy healthy
    • It’s great when people pay taxes
    • Fixed amount of coins means deflation in the long run and deflating economies die faster than you can blink
    • Proof of Work burns our world and Proof of Stake is oligarchy. Today the distribution of most coins is worse then normal currencies. (Richest have almost everything)






  • I don’t understand the Google selling data argument. I thought Google was an ad broker. Someone goes to Google and says I want to play ads on YouTube for my awesome baking book, play it for people who are into baking. YouTube has the watch history of people and is able to tell who watches a lot of baking content. That’s not selling data to someone in my books as the advertiser does not receive any personal details about the people where the ad is played. He is just buying impressions. Or am I missing something?



  • I think this is not the way.

    It’s like with dental care. The solution is not to don’t care and think that someday technology will fix it. Instead you should brush regularly, don’t eat much sugar and visit the dentist now and then. It’s prevention.

    We currently don’t have any technology that will save us and time is running out. Why bet on a tech wonder that needs to be mass ready in no time?