41 karma · joined November 28, 2021
Every other field of study has more artsiness than Mathematics.
However, Mathematics also still has a lot of artsiness to it.
That sentence literally refutes itself.
So mass inflation is only an extremely problem to me? This is probably the most false claim possible.
> This has been solved again and again by different companies, be it wise.com or others
Except they constantly freeze user accounts for no reason.
> Except for the fact that nobody can get their money back after they have been scamed. There is no authority to complain to or reverse a transaction. Wich makes it useless for the masses.
Of course there is, all the exchanges have to comply by with law enforcement and that’s what they are doing. This way, since the transactions are all public and can be traced endlessly it’s very difficult to evade law enforcement through scams.
Thats also why this $4.5B scam was caught https://www.bloomberg.com/news/articles/2022-02-09/nyc-coupl...
That’s why they don’t understand the problems that crypto is solving.
If you look at the comments here, you’ll see that many comments are saying that crypto isn’t doing anything useful.
However, crypto is literally solving the extreme problem of infinitely printable FIAT money and very slow and expensive cross-border transfers, which might be the most impfactful invention of the last 2 decades.
On top of that, crypto adds transparency, accountability, interoperability, decreases fraud in every possible market.
However, hacker news doesn’t understand that, because they simply don’t global finance, global markets, business and moneys.
Crypto is exactly about strengthening copyright.
In order for a user to check the site, there would need to be 50 posts from their friends that they can read through.
For that to happen, they would need 500 friends for them to make 50 posts a week.
In order to reach 500 friends, you would need 100 million users, before that the network would be empty with nothing happening.
It’s better to limit the number of posts to 1 per day.
This way, you would be able to have some stuff going with 50 friends in some areas and 3 million users.
However, you need to get to 3 million users somehow with no value in your network, maybe you can get this through posts like this, but very difficult.
You also need to let users upload their contact list otherwise you won’t be able to build your social graph.
Imagine Trump will be brought back on Twitter, he’ll radicalize 40% of Americans into QAnon disciples and try to topple the United States government again. He’ll have thousands like him joining in in spreading mass amounts of fake news exactly like the Russian propaganda machine.
You’ll see extreme science denial, a boatload of new Covid myths, drinking bleach, Ivermectin, Covid is just the flu propaganda all over again, just 5 times worse.
Maybe it costs $20B/day overall including sanctions, but military spend only should come out at around $2B.
The game is built in Unreal Engine 5 with hyperrealistic graphics.
It’ll go live in a couple of weeks for alpha testing, so if you want to test the alpha, you can sign up on the website. https://extrastar.wixsite.com
Crypto already has replaced money in several countries, especially third world countries where it has replaced money for 30% of the population that have protected their funds against inflation thanks to the inherent scarcity of respective cryptos.
>2 is increasingly untrue
That’s also incorrect, Ethereum has become more decentralized every year
> 3 and 6 aren't inherent benefits of Ethereum and 5 aren't true Yes they are. Ethereum is deflationary and will became three times more inflationary later this year.
> 7 is speculative and begs the question.
No speculation here, check here yourself for just a small overview https://www.defipulse.com/
1. Immutability
2. Decentralization
3. Cheap, fast, secure cross-country money transfers
4. Protection against inflation
5. Independence of banks or arbitrary freezes of your funds
6. Access to a vast variety of financials services
7. Is quite likely the replacement of money
The fact that people still don’t get that in 2022 is astonishing.