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Enogoloyo

17 karma · joined November 21, 2023

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Enogoloyo··on OpenAI researchers warned board of AI breakthrough ahead of CEO ouster
Just wait a little bit.

You are not better than a huge GPU cluster with Monte Carlo search and computer verification for much longer.

It will be more your job to find the interesting finds than doing the work of finding things in the first olace

Enogoloyo··on Binance founder Changpeng Zhao agrees to step down, plead guilty
BTC has no finite supply.

Its domination will just change / already has.

I bought weed with BTC for years, I never cared how much it's worth I just used the current dominator value for 10g weed.

Not sure what advantage fungible should be? Even bills are fungible.

And there is no reason to assume BTC is less prone to inflation. BTC right now is not even stable enough to be deflationary or inflationary.

Enogoloyo··on Killer found guilty after hidden devices record her watching her own case on TV
What an effort from the police to catch her.

I get it murder is fucked but 22kh of recording and undercover?

I thought they would do that only to 'higher' people

Enogoloyo··on Binance founder Changpeng Zhao agrees to step down, plead guilty
Gold is getting consumed and still mined.

BTC is made 1 per 10 minute.

BTC is not gold

Enogoloyo··on Binance founder Changpeng Zhao agrees to step down, plead guilty
If BTC would always increase in value than it's doomed from the start as it means people starting late have to pay much more than an early person.

This means rich late people will never migrate or buy BTC ETF ever.

It's like always buying at the increase

Enogoloyo··on Binance founder Changpeng Zhao agrees to step down, plead guilty
The classical financial system has much less CO2 per transaction and more features.

It's the perfect finetuned and still optimized PoS system.

Enogoloyo··on Binance founder Changpeng Zhao agrees to step down, plead guilty
So you tell me someone has 88bn us dollar or real assets somewhere stored away safely?

Somehow I doubt that. That would mean someone invested this in a save and independent way with enough return to keep it inflation save and apparently has no other idea on how to invest that even more magical.

How is tether really pegged safely?

Enogoloyo··on Binance founder Changpeng Zhao agrees to step down, plead guilty
The reason why people were investing in crypto was 'legimit' infrastructure providers like FTX and binance.
Enogoloyo··on Binance founder Changpeng Zhao agrees to step down, plead guilty
Light to final blow against crypto the horrible CO2 production and the annoying get rich apps.

Let's hope it dies sooner than later.

Enogoloyo··on Binance founder Changpeng Zhao agrees to step down, plead guilty
China is not unregulated.

And all countries strong enough with their own fiat do care quite a lot to not having crypto in their country

Enogoloyo··on Giant batteries drain economics of gas power plants
Yes but we will get much more grid scale batteries anyway
Enogoloyo··on Giant batteries drain economics of gas power plants
Germany paid 4 billion for energy dispatch in 2023.

That would be enough to buy 80000 cars with 100kWh and provide 8gWh and would be 8x more than Germans biggest water energy storage.

Did I miss something?

Sounds absolutely doable in a few years to have massive more energy storage available.

Combined with a lot more and cheaper renewable energy

Enogoloyo··on Giant batteries drain economics of gas power plants
I believe they just switch on and off fast enough.

Tesla power wall does that.