1,250 karma · joined February 7, 2013
I see now that their most recent figure has changed to 18.1%.
The electrical power figure was then calculated based on the total global power consumption published in the Bitcoin Energy Consumption Index: https://digiconomist.net/bitcoin-energy-consumption/
> Further, at least until 2018, Respondent’s internal accounting system for tracking fiat balances, including bank balances for USDt reserves, primarily consisted of a spreadsheet (the “Reserve Spreadsheet”). The Tether executive team was ultimately responsible for the Reserve Spreadsheet. The Reserve Spreadsheet required manual updates and was not always kept up to date in real time. Respondents were aware of the limitations of the Reserve Spreadsheet. For example, in an internal chat on June 15, 2016, Tether’s then-Chief Strategy Officer informed Respondents’ CFO and other employees stated that the: “transparency page needs to be dealt with ASAP . . . I am surprised the issuance address is not updated dynamically, btw . . . and how often does the bank balance get updated?”
Maybe I'm just lucky, but I've worked in a large software house for over a decade and I'm enjoying a lot of creative freedom when it comes to the code I'm writing.
To me this reads more like reasons not to work at this person's particular company.
https://twitter.com/cullend/status/1445156376934862848?t=P5u...
I'm curious what you think is worse in the West now than it was a century ago.
Seems that this view of human existence as something inherently temporary underpins a lot of nihilist thinking. However, there is a lot of scientific evidence in favor of eternalism (i.e. the philosophy of time, as opposed to presentism) if you only care to look.
For one, it seems to me you have to basically reject all of relativistic physics if you want to maintain a perspective on the universe where only the present moment exists. This is because the relativity of simultaneity tells us that there is no such thing as a universal present moment. How can only a single moment exist when there is no such thing as a single moment?
I think a lot of people who despair in nihilist thought would do a lot better if they simply updated their understanding of universe from being stuck in the 19th century.
https://twitter.com/peckshield/status/1425104635984023560?s=...