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hau

401 karma · joined March 14, 2016

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hau··on A Family Who Sold Their Belongings for Bitcoins
You're selling an apple pie for your own currency piecoin. If I to buy a pie from you I have to buy x piecoins first to match your price whatever it is. My need of a piecoin is defined by the need of our settlement for a pie ('right' price). Usually, pie like yours costs $5 so I have no incentive to pay more for your pie. If your price for a pie is x piecoins then I will buy x piecoins for $5 and 1 piecoin will cost me x/5.

'Wrong' part of a price is about modelling other people need for piecoins which in turn is about modelling need for pies and other people speculation and that's can be incredibly complex. As you can easily see 'wrong' part of a price makes your coin shitty currency.

hau··on A Family Who Sold Their Belongings for Bitcoins
Part of bitcoin price that's defined by needs of settling between different parties is the 'right' price. The 'wrong' part of the price is defined by speculative interest - expectations of bitcoin growth. Of course, any price is right if bitcoin is a pure speculative asset in your eyes.
hau··on What Is Space?
Infinite universe can contain infinite set of objects without any of them being your doppleganger. Unless there's only limited set of objects that can exist in universe at all which doesn't seem likely.
hau··on Why are browsers so slow?
It says in the FAQ section of the official site that the main difference between it and other blocking extensions is ease of use aka lack of setup. It also claims it's based on adblock code. So it's just adblock with lists preset? Indeed a little difference if you're able to setup adblock-like extension. And if we're discussing performance, you don't want an extension for every list out there.
hau··on Why are browsers so slow?
Why would you use adblocker/ublock and 2 other extensions which are no more than a filter lists for adblocker/ublock?
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