0 sats \ 0 replies \ @CruncherDefi 2 Sep \ parent \ on: Elon Musk Warns Censorship Of X "Is A Certainty" If Kamala Harris Wins conspiracy
I am not interested in discussing semantics and technicalities (FYI Musk himself compared Twitter to roman forum as public infrastructure for communication).
I am pointing out that Musk is not interested in "defending to his death their right to say things he doesn't agree with" on his platform.
What-the-fuck. When did you get your understanding of free-speech from?
Haven't you heard the "I Disapprove of What You Say, But I Will Defend to the Death Your Right to Say It"? That is free speech.
Free speech is about unconstrained flow of information in a distributed system of human beings. Any other way hinders the truth-seeking capability of that system.
Really cool!
Did you research what is the jurisdictional situation like? What if someone unwanted finds and reports you? Will they leave you alone?
There must be a limited amount of computational power, which would mean simulations at the lowest level would not be able to create further simulations.
Not true. Remember that you don't need to simulate stuff in real time. 1 second of simulated environment could be computed in 10 seconds. Whatever you lack in compute power dimension you can compensate in time dimension.
Thanks, I suggest that once you picked reliable organizations/people attach the list to every future update post.
Last time I checked no one was forcing US market participants to borrow yens.
They got greedy and overlevereged on cheap yen, they bear the responsibility of what comes after interest rate increase.
For ultra-cold-storage there is not much benefit, since you need to secure your seed somehow anyways.
They are useful for mediocre-cold-storage needs where you need to sign some transactions from time to time. They make it so you don't need to work with raw seed (which is risky) but rather with HW secure element instead.
Do you think the US recognizing González the winner will help or will just make it worse as Maduro will use “foreign interference” as an excuse for aggression against the protesters?
Maduro has everything to loose. If protestors win he won't live long (or at least won't live freely long).
So yea, it's obvious he will try to use everything to his advantage and will double or triple down on everything.
That literally is the worst case scenario, supporting fiat to exist.
It's literally other way around.
Borrowing dollars under bitcoin collateral means shorting dollar and implements a speculative attack on dollar. It's literally how you suffocate and kill fiat faster.
Of course this assumes that borrowing protocol is trustless and self-custody without rug-pull risk.
in this way are jeopardizing any future with Russia for the time being.
Uhmm sir, did you forget that Russia invaded a sovereign European country in 21st century? Your response seems to lightheartedly ignore this fact.
So you sell 1st and then buy - paper hands You buy 1st and then the seller sells - diamond hands.
You forgot third option:
You buy 1st and then the seller HODLs - double diamond hands.
Tail emission does not solve the problem of high fees. If you want to have decentralized POW chain you need to have high fees eventually, regardless of having or not tail emission.
In order to have decentralized network:
- It must be feasible to run a node by individuals, in order to do that:
- Blockspace must be sparse, so blockchain doesn't grow too fast, but:
- If blockspace is sparse, the competition for it will drive txs fees up.
Statistically it makes no sense.
How would you know it? To make any statistics inference you would need to know how many bitaxes are running on the network right now.
For this one successful bitaxe miner there might be million other not successful ones we don't know about.
The amounts needed to pay the interest on loans is not “created,” and therefore does not exist! the total debt increasingly outstrips the amount of money available to pay the debt.
You don't need to create extra money for interest. Debtor can pay back using base-money gathered from other market participants.
I think assumption is that whoever takes debt have some asymmetric advantage that will allow them to extract money for interest from base money supply held by other market participants via products/services.
The point is that censorship will not work.
Well, if you treat it as a binary outcome then it is technically correct. But I don't think the filter-advocates are thinking in that terms (And tbh imho its just not a good way to think about it). It's more of spectrum thing.
For example If 30% of miners deem some transactions of type X unwanted and they don't include those in the blocks, the X transaction will have 30% less of blockspace to compete over. And it will cause them to pay larger fees thus decreasing amount of X transactions.
Ultimately filters are a form of censorship.
Which is not bad by itself. Centralized censorship is bad. But if every participant in a distributed system consensually agrees to apply some censorship it just becomes new part of a protocol.
"Yet, the United States under the Biden administration seems intent on continuing and escalating its involvement in Ukraine"
I would say that Russia under Putin administration is having intent to keeping on escalating the conflict LOL.
Listen, this engaging/engaging back part of conflict is simple prisoners dilemma from game theory part of mathematics. And unfortunately if other side keeps defecting, the only optimal strategy is to also defect in prisonners dillema.
So this works for just sats too.
How so? If bitcoin appreciates in value, both debt and collateral increase in value cancelling each other.
Unless you borrow and repay some USD-denominated amount of bitcoin. That would make more sense. And it is probably something like it, since we have an oracle in the system.