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tor11

-13 karma · joined February 14, 2021

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tor11··on Nassim Taleb: Bitcoin, Currencies, and Fragility [pdf]
This.
tor11··on Nassim Taleb: Bitcoin, Currencies, and Fragility [pdf]
Taleb is mostly wrong on everything the last decade. Anyone actually intelligent would see him as a con.
tor11··on Gab has been hacked and 70GB of data leaked
> Democrats are democratic in the US, of course.

of course.

tor11··on Gab has been hacked and 70GB of data leaked
> Who is responsible for cancel culture?

Libertarians making money.

tor11··on Gab has been hacked and 70GB of data leaked
this is almost correct.

probably correct that they censor based on conservative opinions. not correct that right leaning americans are conservative. all conservatives are right leaning tho. not the other way around.

tor11··on Amazon Sends ‘Vote No’ Instructions to Unionizing Employees
unions are useful for managing and firing in bulk.
tor11··on Amazon Sends ‘Vote No’ Instructions to Unionizing Employees
> Unions are for workers

funny.

tor11··on Amazon Sends ‘Vote No’ Instructions to Unionizing Employees
funny.
tor11··on Ask HN: Any startups here own Bitcoin (and digital assets)?
owning digital currencies is not even remotely "one of the worst things a startup can do with their money". it is not an investment. it is not productive. but it is not a bad idea.
tor11··on Bitcoin and other PoW coins are an ESG nightmare
> trip to the grocery store

try sending money to someone in north korea. how many hours does that take?

> actually interested in them as currency

it is still a currency.

tor11··on Bitcoin and other PoW coins are an ESG nightmare
> The point is when we're looking at comparative energy use, you can't just point at the whole banking system and compare it to Bitcoin, as if it's an apples to apples comparison, because the banking system provides an embarassment of services that Bitcoin does not.

this is true. bitcoin should be compared with everything required to run or "back" USD. which is a lot more energy use than most states on this planet

tor11··on Bitcoin and other PoW coins are an ESG nightmare
> The number of times such an activity would be useful to me is zero.

what about sending money to someone far away? ever tried? or just living in a bubble using a single fiat to buy coffee

your limited use argument is tiresome. you can not send money to anyone you want with fiat. most can not send money to you. you are not free