696 karma · joined September 3, 2011
I've gotten a lot of stink eye by strongly pointing out that the users don't want to be "engaged" with your brands and that people are creepy for having that expectation. They just want a product or service that works well. Somehow along the way we convinced ourselves that all of this is normal.
The dispute is that we don't agree on whether there is concrete evidence that the vice president's son sold access to his office. Hunter certainly capitalized on his name, but to this point there is no hard evidence that this resulted in political access to Biden, that Biden accepted any money, or that Biden gave any favors with regard to Hunter's associates. If you can't prove any of those things, then hammering on it endlessly with no new evidence or any change in the story would be journalistic malpractice.
On the other hand, its much more difficult to switch ISPs, so I would be very concerned about censorship at that level. Things like search engines which are substitute-able but held by few hands and difficult to replicate privately are more of a grey area in my opinion.
In the same way, a lot of people would say it would be neutral for media to present arguments that global warming is not man-made, but people who care about scientific fact would claim that even presenting the skeptic argument is non-neutral, sense you are signal boosting an argument with no basis in reality.
If you bought the line that traditional banks were simply unable to process more than 10 wires a day, rather than it being that Mt Gox was so risky that they refused to process 10 wires a day, then you need to work on critical thinking. Likewise, exhortations that banks were placing restrictions on exchanges because "they were scared of Bitcoin" rather than being because these partners were shady and didn't have sufficient controls should have been met with suspicion.
And yes, Coinbase was also risky. The fact that things worked out doesn't mean it wasn't risky to begin with. I didn't give them any money for the first several years they were in business specifically because I saw them as high risk. In hindsight, Coinbase had the benefit of having backing by VCs with real business experience and subsequently hiring people with experience in the space, which reduced risk.
The "killer app" of Blockchains are the trustless nature of the system. In most practical application, allowing actors without a trust relationship to interact with the log is not a significant requirement of the system. Once you remove that requirement, there are technically superior approaches to maintaining a ledger.
We don't really know the relationship between transaction rate and electrical usage in a mature BTC system, because mining is mainly used to prevent double-spends and the minimum required mining rate to support a given transaction rate is a game-theoretical concern and not a technical one. We can only really observe what has happened so far in the Bitcoin ecosystem.
Those costs specifically end up being reified in the fee those processors charge to their customers, so we can determine an upper limit to how much is spent on energy in that way.
People have a tendency to trash talk it for being verbose, but writing the code is a vanishingly small portion of the engineering effort, and if you're hand wringing about whether it's fun to write then you're optimizing for the wrong things.