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1 yr. ago

  • Lightning scales very well.

    Except when you need to get new liquidity.

    I tried opening incoming liquidity channel with phoenix wallet and it asked me to pay equivalent of 80USD for 1000USD of incoming liquidity.

    This is unreliable because during congestion users can't open new channels. Theres simply not enough base layer capacity to address high traffic scenario.

  • Google wants to know, Facebook wants to know, your government wants to know, your bank wants to know. And they harvest enough data about you to actually know.

  • You can't solve double spend problem off-line, it's just not possible - at best you can use secure element chips to prevent copying and tampering, but this isn't a reliable solution.

    In practice, at least merchant has to be on-line - otherwise your payment is only as good as your word

  • At this point everyone should start considering cryptocurrencies as a replacement

  • This is a solid policy. AFAIK even with ancient Asus B350 Board, you can use Ryzen 5800X3D - which is still a solid gaming CPU

  • Ough! Thats future sales of Intel CPUs going down the drain.

  • Fun overclocking project. I wonder how far can you go with the fastest LCD monitors

  • sparking fears of supply shortages in Budapest

    Nobody saw it coming...

  • I'm not sure what is more terrifying - one company screwing up global economy with a single update, or airlines running on windows 3.1

  • is this a real question?

    I'm trying to point out the massive hole in the reasoning behind linked paper

    In the age of cryptocurrency you're asking this question.

    Cryptocurrencies are barely relevant here

    Edit: Wait. Are you a university student? What did they tell you about where the wealth is coming from? I'm genuinely curious to know.

  • If this is coming from metals in these rocks forming electrochmical cells, they should've corroded away long time ago. Maybe there's some unknown process that recovers metallic elements back from salts? Maybe some bacteria? Even if, then why? It costs a lot of energy to do this.

  • I can't take this model seriously - it assumes that economy is a zero sum game. If an economy actually was the zero sum game, then where all the wealth came from???

    To be clear, I absolutely agree with the title - inequality is 100% unavoidable, but for completely different reasons.

  • It won't fix the lost 40 years of her life tho

  • You don't. Where are you going to work? What can you put on your CV? What work experience do you have? On top of that your ability to learn is a far cry of what you had in your 20s. If you have no family who'll take care of you, your future is utterly fucked. You're destined to live in poverty until the end of your life.

  • Or maybe capitalism works well, if it runs on top of a good framework?

  • He doesn't. He makes false claims.

  • still capitalist ✓

  • right wing and neoliberal populism

    Or maybe you just live in a swamp of left wing and radical socialism?

  • Also it doesn't suffer from tin plague so much