do you see how easily you are manipulated with misinformation? That's why people don't stop talking stupid things about bitcoin. She doesn't say that in any moment. She says higher highs and higher lows, which is true and doesn't mean allways increasing.
One of the biggest misconceptions about bitcoin is that it's a neoliberal/libertarian thing. Thinking this way only shows lack of understanding.
A famous short video from the most respected bitcoin educator will make understand better.
https://youtu.be/ywO0r_Fz0lc
And about the environmental concerns Lyn Alden has a post that deals with all the misinformation. If you are really interested take the time to read it, it's exhaustive.
https://www.lynalden.com/bitcoin-energy/
Honestly I was expecting far more downvotes. I posted the video with people like you in mind, who still can think critically without the burden of misinformation and ideology.
Who are you expecting to make a video about the failure of the current system? A banker?
Bitcoin cannot be diluted (~27:25) REALITY CHECK: Bitcoin is always being diluted until it reaches its hard limit.
What she obviously means is that nobody can delute it. It creates new money at a mathematically determined rate.
The value of Bitcoin has only increased over time (~27:50) REALITY CHECK: The log scale is playing tricks. A linear graph would show
how volatile Bitcoin has truly been.
She doesn't say that. She says bigger highs and bigger lows, which is true. That doesn't mean it always increases.
Bitcoin’s hard limit is likely very dangerous for the network (~29:00): Once the hard limit is reached, it is unclear if people will keep >pumping computing power at it. If the creation of new Bitcoin is no longer allowed, it is possible that transaction fees will need to >be raised to compensate miners.
Dont worry, it will happen in 2140.
And of course is Bitcoin propaganda, and more of this quality is needed.
Calling it crypto won't make people understand. Watching the video will help people to understand, the why and the how. They don't necessarily have to agree with the solution but the most important thing is understanding the problem because too many people are still unaware of it.
It's about time it's also the title of one of the best introductory books on relativity by David Mermin. Specially for those who aren't good at math but want to understand it beyond popular science books.
Conservation of angular momentum L = r x p (vector product) with p = mv the linear momentum. So if L being a vector is constant so is its direction, so p (and v) being perpendicular to L implies that the movement must be constrained to a plane (perpendicular to L).
It's the same reason why the planets of the solar system lie on a single plane and not on a sphere like artificial satellites around the earth.
It refers to the ability to locate the source of a sound. It supposes that the localization is achieved only by the difference of the time of arrival of the sound to both ears. That's why the curve is a hyperbola, which is the set of points which distances to the foci (ears) have the same difference, so you couldn't differentiate which of all the points in the hyperbola is the actual source (confusion). But this is too simplistic, the auditory system is much more sophisticated and the source can be localized by other means.
corvus @ corvus @lemmy.ml Posts 12Comments 157Joined 2 yr. ago
"If a word it's regularly used by a certain amount of people..."