Knock_Knock_Lemmy_In @ Knock_Knock_Lemmy_In @lemmy.world

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2 yr. ago

People buy big ticket items like cars and houses with bitcoin, not chocolate bars.

Modern blockchain protocols dominate bitcoin in every dimension except market cap.

The cost to produce new bitcoin doubles every 4 years ( a bit more because new hardware is added). This drags up the price of all the dormant bitcoin.

This is a negative for dollars, not a positive.

Being able to inflate your way out of debt makes a currency less valuable.

Cryptobros hate central banks but their policies ensure that a loaf of bread doesn't cost 3 times as much the next day.

The exact opposite. Only after abandoning the gold standard does a central bank have the power to make a loaf of bread cost 3 times as much the next day.

Central banks are a relatively new invention and are not essential in the slightest.

the only tangible value I personally see in Bitcoin, because it's not really being used as legitimate currency, is for criminals.

Please, factual answers only.

In 2021, 0.15% of known cryptocurrency transactions conducted were involved in illicit activities like cybercrime, money laundering and terrorism financing

Have you used GenAI for art? It can do a reasonable job for the entire composition, but the extra fine detail have to be inpainted with specific prompts, and there are special routines that make sure faces and hands look human.

The same with code. It can outline the entire project but details need to be inpainted and specific errors handled.

The context window can't handle an entire codebase, never mind multiple projects.

Stable owners hate this one simple trick.

Cory Doctorow wrote a pretty entertaining book on the subject of tech vs politics.

https://craphound.com/attacksurface/

Also it's well researched

https://pavelanni.github.io/attack-surface-tech/attack-surface-tech.html

It also means we don't have to obey the law

Not true. Even pre ICE. Law enforcement is allowed to lie to you, but you cannot lie to them. The playing field is not level.

Ni

That was temporary tourettes (self diagnosed)

What was the justification for that budget?

Not the only possibility.

Dunno. Asking 10 humans at random to do a task and probably one will do it better than AI. Just not as fast.

Managers of technical people are required, but in an efficient organisation there is no need to have layer to manage those managers.

I couldn't work out how to spell "gonna".

Coffee and chocolate have much better PR than red meat.

Being vegetarian is worth about one return transatlantic flight per year.

Only true in the 1st world.