118 karma · joined February 9, 2016
Also, unless you have perfect weather (I.e. the Bay Area) and require no energy for HVAC this system is almost useless.
At least someone didn't suggest Bancor as a "plausible example".
Any press or "talks" that say otherwise are either being influenced with serious bias or are simply reporting false information.
I like DLT tech, however, if bitcoin has shown us anything it's that once you solve the double-spend problem you're still left with an even more grotesque problem of governance.
People pick fun at ETH since it has a "single leader", but Vitalik is more of a back-seat conductor than a "grand leader". Also, most arguments of "bitcoin being a truly decentralized platform because our devs are decentralized" can easily be diffused by vaguely looking into how BlockStream operates...
The political shit-storm being paraded by BTC needs to end soon, we really don't need another 2-3 years of douchey BTC core devs arguing on the internet and bad-mouthing any project that isn't BTC.
When deals are large enough, sometimes they are even executed as a set of "tranches" (large set of smaller transactions over time) so the transfer isn't easily traceable and counter-parties remain largely unknown.
For me it's still unclear how much of a real advantage IPC provides for common tasks or non-parallel process a developer might be running.
The use of my desktop is maybe 5% gaming, the rest is software dev and browsing, isn't there still a reason to prefer an IPC advantage for compilers and other system tasks?
I mentioned this, because I don't think a 12 core CPU would really give me that much more productivity or value gain than an i7 7700 or Ryzen 1700.
I only really need a single linux compatible nVidia GPU, enough cores and ram to comfortably handle 20 browser tabs, an IDE and a relatively hefty docker dev flow.
Unfortunately, even as an enthusiast $799 is more than I'm willing to spend on a CPU. I'm also still hard pressed to build a Ryzen 1700 System since I can purchase an i7 7700 from MicroCenter for about $10 less than the Ryzen part (and have equal or better general performance with notable better IPC).
If you question this, join one of the "crpyto currency" groups on FaceBook and read through a majority of the posts... I've come across people who've taken out loans to purchase crypto and people who installed wallets locally and wondered why the crypto they bought on CoinBase didn't magically appear. The most disconcerting posts are those who constantly ask "why did the price go up or down" or blindly post their chart predictions as to why the currency will keep going up in value.
However, I'd be worried about accidentally revealing a system password or credentials by accident.
Some write shitty smart contracts.
If you want to look at a token that's about as close to a complete scam as tokenly possible, look no further than Gnosis. The GNO token doesn't actually directly translate to an asset that can be used on their prediction market come launch. Even more, investors only control 4.5% of the GNO tokens in existence, granted this was all done AFTER Gnosys had more than enough existing funding. Cash grab, plain and simple.
After some snooping, it seems like hundreds of people haven't been able to add credit/debit cards for days.