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crypot

21 karma · joined April 16, 2021

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crypot··on Apple employees criticize work-from-home policy in open letter
I don't see how there can be any debate around WFH. The S&P 500 had record profitability during this completely unplanned WFH experience.

If WFH was so terrible for business there should be ample proof, but so far it has only be shown to be a success.

crypot··on On anti-crypto toxicity
Bitcoin in particular would be the absolute worst tool to use to fix any of these problems. It is 90% owned by a very small group of people. If it becomes more valuable, this will result in a significantly less equitable financial system.
crypot··on Consumer prices rose 8.5% in March – highest since 1981
All of Trump's policies were inflationary. Tax cuts, trade war with China, limiting immigration and threatening to leave NATO.

The only good thing would be that OPEC+ would almost certainly be producing more oil since Saudi Arabia much prefers Trump. They even recently invested $2 billion dollars in his son in laws fledgling investment fund.

crypot··on Israel passes law denying naturalization to Palestinian spouses
What are you on about? Do you just randomly smash the keyboard?
crypot··on Web3 is not Decentralisation – it’s a Ploy to put Crypto Bros in Charge
Bitcoin fixes this. Read the whitepaper.
crypot··on NFT's aren't the answer to the problems of digital art
NFTs, like bitcoin and other blockchains, are another step on the road to digital property rights. They don't work yet and no one has figured out how they will work.

One thing to remember is that the first stage of a technological advancement is the bubble stage that leads to an influx of capital to build out the infrastructure.

Eventually we will be able to use this infrastructure to build out businesses with more economic value.

crypot··on Gov Parson pushes to prosecute reporter who found security flaw in state site
You would probably be better off with an attitude reboot. You don't always have to be the victim.
crypot··on China declares cryptocurrency deals ‘illegal’
Other than white listing and black listing transactions by the miners and exchanges, and governments declaring it illegal, Bitcoin is 100% censorship resistant.
crypot··on A shot to prevent Lyme disease could be on its way
I was bit by a tick in 2010. I pulled it off my forearm and it left a protrusion that lasted about 2 weeks. No rings. I got sick with a flu around this time. Went to the doctor, the lyme test came back negative.

Shortly after this I started to develop lesions in my mouth and scalp. Then they spread to my entire body. 6 months later got a diagnosis of an autoimmune blistering disease. The specialist said it was a usually a disease for old people, very unusual for an otherwise healthy 35 year old to develop it. 8 years of oral antibiotics and some steroids for flare ups and I was in remission.

In my opinion, everyone should be leery of tick bites.

crypot··on Winners and losers of the work-from-home revolution
ICT has totally changed the way people communicate, but offices, until recently, were still structured the same way they were for the last 200 years. It is like when factories first switched over to electrical power. They kept the same layout, just with electricity. It took a while before people realized that they could restructure the factory layout to increase productivity.

Maybe there is a better way to structure office workers that will increase productivity.

crypot··on World Now Likely to Hit Watershed 1.5 °C Rise in Next 5 Years
The earth's climate has never been static. I find it odd that people expect some sort of stasis at this point in time just because they happen to be here.
crypot··on Elon Musk: Bitcoin's energy usage trend over the past few months is insane
The cost to secure the network is a function of the value of the network. So far, the more valuable the network becomes the more it costs to secure it.

What technology could break this relationship so that the cost of securing the network decreases as the value of the network increases?

crypot··on Bitcoin Core: Bitcoin Core 0.21.1 released with Taproot activation code
Wow, the future is here. In just 12 short years we made it to version 0.21.

At this point bitcoin is like an economic black hole. Most technology allows us to do more with less. So far, bitcoin doesn't follow that pattern. The higher the price, the more resources are needed to secure the network.

crypot··on Bitcoin miners are buying power plants
What technological innovation would disrupt bitcoin at this point? It feels like crypto reached a terminal state in its first iteration.
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