You see all of the electric cars on the road now? Tesla saw an opportunity to make money, and it paved a path to lower carbon emissions (eventually). Even the blind chicken catches a worm. Capitalism isn’t all bad, it’s the greed it breeds that’s bad. The world isn’t black and white.
I don’t think he fooled anyone. The guy was literally helping the environment and advancing the space age. Then he started using drugs and went off the rails. He’s like Kanye. His music was good, the creator just went nuts.
The Whig party just blocked access to the internet for anyone who has been convicted of a crime.
The Central Eastern states have declared today national Electrification day after winning their war on oil.
I Love Lucy just reached #1 on the Blockbuster top 100. And sadly, Jimi Hendrix just passed away at the ripe age of 81 after a long and prosperous career.
That value was increased initially through usage as countries adopted ATMs and online retailers accepted bitcoin. This obviously reduced the supply due to increased demand. Then the speculators started buying it up making it even more scarce.
It has a fixed amount. It’s normal to rise in value as it becomes more useful for either transacting, holding value, or making money through speculation. You can’t compare it to a 300 year old dollar which was unpegged from gold and has the US economy/government backing it now.
The dollar is also manipulated, but the effects are less pronounced due to the sheer amount in circulation around the world. Some of the effects are also thrown on other economies through the Forex markets too. If bitcoin were as ubiquitous as the $, it wouldn’t be easy to manipulate either. It’s like having your own coin with only 100 physical coins in circulation. All someone has to do is buy a bunch and refuse to sell and the value rises for the uninformed.
No tech is perfect. And the current bitcoin is not the same as the original client. It has been modified to allow for abuse and control. The fact that we allow this to take place is more a reflection of our governments aiming to control it than any inherent property of the currency.
Big banks would have far less control if you couldn’t print sanctioned currency to buy as much bitcoin as they want to play with the value set by sanctioned exchanges.
I agree that bitcoin is capitalist like most monetary bills in a free market. I disagree it’s more capitalist than what we have now. It’s just being propagandized and veiled from the underlying technology to make it seem so.
By design, it will slowly stop inflating at the snails pace it does vs unpegged paper currency.
A central bank regulating where money is printed and to whom it’s distributed at what contrived rates is horrifying. It’s also the default in most of the world.
You can trade bitcoin and use it as a currency in a non-capitalist market. The fact that it has been abused and traded into stratospheric value is a result of manipulation, sanctioned exchanges, and propaganda.
Bitcoin just allows you to write debits and credits on a distributed, verified, ledger. That’s it really. How the market is regulated is on the people, not the technology. There is nothing inherently capitalist about the technology other than allowing any individual to trade value with another in a free market manner. You would be trying to escape supply and demand dynamics to remove that “capitalist” aspect of it.
The power draw on the other hand.. the first imagining of a digital decentralized and distributed currency was bound to have some problems.
Bitcoin is hypercapitalist? A decentralized value store not controlled by any one country and immune to money printing inflation? What are you smoking?
Know what you want to buy before going into a store, stick to your guns. Unless you want to dilly dally, it saves time.
Organize your stuff, makes finding things much faster. Adam Savage had a good tip: Befor you put something away, pretend you’re looking for it and put it where your first thought was. Next time you look for it, it’s in a natural spot for you.
Meh, sometimes you just know after seeing who’s out there. I wouldn’t recommend breaking off something good and risking not getting it back because of your insecurities.
A system fault is not the same as a vulnerability. These would have different baseline CVSS 3.1 scores, with the temporal and environmental reducing over time. A medium/low at best for a public endpoint exposing PII.
Friendly reminder to change your master password. You’re one SIM jack away from having your life locked away for ransom. They didn’t breach the seeds, but next time who knows. I would start migrating and changing 2FA codes just in case. You never know who might be spraying.
Don’t discount the double effectiveness of simultaneously reinforcing their deep-seated beliefs that their mom was a ho and they may not know their true father. While also evoking the white knite deep-seated defense of honor to defend their strong held belief of their mom as the Madonna, and them as Jesus resultingly.
After decades of user interfaces and internet access, we’re making things worse rather than better.
Someone at Microsoft realized that hardware will speed up, hiding the fact that the OS is getting bloated and riddled with code that doesn’t directly benefit the user.
The value Windows provides isn’t great enough to deal with this state any longer. In fact, my experience shows it’s slower and just as buggy.
We have technology available to improve experiences, let’s not mix it with profit incentives for once.
They refused to entertain offers. 1T dollars seems mighty, but TikTok is a multi-year if not multi-decade data collection hub. That data is on the youth of America and their trajectories.
That’s priceless to the power hungry. It’s not just money, it’s control.