137 karma · joined October 1, 2017
Bitfinex has a few billion in publicly known cold wallets.
Many still spend in a deflationary environment, they just do so with far more care about the product and it's longevity.
People will invest also, though only with a expected return greater than deflation gains.
Instead the status quo is being forced into overvalued equities or real estate investments. There's no real option to be a saver in the western world anymore.
It's an absurd metric made worse by the fact that more coins are issued every 5 mins. If price remains the same virtually all coins will go up in marketcap regardless.
What company issues new shares every single day?
Public education about grid engineering and its challenges would be a good thing.
> Source: Organization for Economic Co-operation and Development
St Louis fed is publishing third party estimates there, official reporting stopped in 2007.
This is how markets work.
Every article I read in the media has huge negative sentiment already. Can you point to some positive articles about bitcoin? Seems to be very few going around, it's all bubbles, energy consumption, hackers, ransomware and terror funding.
Wondering how the narrative can change for the worse from here.
The fiat equivalent is saying 10 entities own most of the USD in the world. They are banks with liabilities holding money for others.
Of all the bitcoin conspiracies it's provably false yet people somehow gravitate towards it.
Do worry how easily people and especially journalists fall for this. Go click on the top 10 addresses in a chain explorer, please. They are all exchanges.
Though apparently no one is using it if you listen to the internet.
There's a massive dichotomy between the cryptographically provable transactions and commentary. Someone is obviously using bitcoin. It's at max capacity.
It's the energy equivalent of holding out for next gen cpu's.
Per capita is the only equitable measure of pollution.
I certainly agree overpopulation of the earth is a tragedy likely felt for generations, but petty bickering over these very issues is why global leaders can't make any progress in greenhouse gas emissions.
Police should certainly worry about general opinion. They are public servants.
This is the antithesis of modern justice. Despite my personal feelings about their decision, jurors should never have to fear public opinion.
Even quantum computing can't touch it (though can trivially work out my private keys).
Many people throughout history can and have been censored, don't see that changing soon.
The bitcoin blockchain is a modern technological wonder without anyone really appreciating the power at their disposal.
Using it only for transactions now is like hiring a tank so you can go get money out from an atm. Predict eventually use cases will come into their own.
Still intrigued though, is "world rankings" possible to determine or even valid in a multinational corp world?
What was the last actual eureka moment in ML?
Apart from some hello worlds know little on the subject, from the outside looks like the heavy work was done long ago and we've only recently had the hardware advances to make it a reality. Seems to be incremental improvements on models and a myriad of new ways to implement neural nets, but the real improvements are coming from nvidia/amd engineers making gpu advances.
Hardware has moved on but we still in the same position of engineering tradeoffs and physical limitations. Undoubtedly there's wizards out there who can work wonders, and there's people less adept with nation-state resources who could can achieve the same result.
I'm partial to the opinion that being a world leader in ML right now has more to do with your hardware and budget rather than individual talent.
It's 5 minutes of conflicting instructions and repeated death threats by a man heavily covered in tattoos carrying an assualt rifle with the words "you're f*ed" engraved on it.
How were the multiple police officers incapable of handcuffing the clearly compliant crying victim in 5 whole mins? Am amazed anyone watching that could possibly defend it.
I see the margin lending rates on some exchanges right now being 0.003% daily. This is for coins that move 10% a day.
Probably fair to assume fees aren't what the traders lose sleep over.
It's just not reliable enough to risk and as such is still a last resort measure.
Defending against a nuclear ICBM is not possible to do reliably. It's a sad reality.
I don't see how a b52 with a kerosene powered engine is anywhere near capable of delivering that same level of radiation.
This is reassuring propaganda plain and simple.
If the US and allies could take down a rocket they'd shoot down every NK test missle just to make a point.
Absolutely delusional saying this system can take down consumer drones and then extrapolate that out to a missle that is travelling at speeds measured in machs.
Even with drones I don't see how this is more effective than radio signal and gps hijacking which can control a malicious drone rather than destroy it in place. Various companies already do this incredibly well, shoutout to D13.