thendrill

That you could buy tesla stock 10 years ago for 10 usd and it is worth 40 times today at 400 usd.

But 10 years ago you could buy a pizza for 10k btc and today that is equal to gdp of a small country. Does this not seem completely upside down? What I want to say is looking at all this numbers without perspective makes no sense...

He is talking of the "velocity" of funny money.

I would wager that most (90) of the bitcoin being traded now is old bitcoin that did not have the value that is current

It's all fun and dandy until someone hacks satoshis wallets.

No but there is a problem with Btc that is not comparable to other currencies.

Satoshi own 1 million btc. That is 49 billion usd.

When he made that 1 million 11 years ago nobody knew what btc was...

Do you see the problem.

Also another thing that has to be remembered is that a large amount of crypto in circulation is actually stolen crypto.

Anyone that has been in crypto pre 2016 has lots of it being stole or lost. MtGox, Cryptsy, Poloniex, DarkWeb. Most of these coins just went to other wallets.

Also alot of whales just have a ton of wallets, so we will never know....

I just know that a 1000 btc at the moment is enough to move the market billions.

And alot of people have bigger wallets

What about the bit coin whales?

The btc-e money the Mt gox coins. Satoshish original coins and all the gpu miners pre 2012?

There are plenty of people walking around with btc wallets with hundreds to thousands of coins that are basically funny money to them.

For every btc price cycle there is more usd and less coins in circulation.

Selling off 10 btc at the moment on any exchange would tank the price with about 10k usd....

They have the most genius game mechanic/ economic model.

So... You play the game to get loot. The more you play the more loot you get. So of course you wanna save the loot. So you put it in your stash( all players start with 3 stashes) , for safe keeping. The better it gets more loot you get. The moment you start getting the feel of the game (it is one deep game) you discover trading with other players. To trade with other players you discover premium stash tabs.... One tab is around 5 usd. But u need to buy game coins so u always have almost enough for one more stash.

So a premium tab is like a store front where u can display items for sale to other players. So naturally one starts buying more tabs. And more tabs. And then there are the specialty tabs that organize all the loot. Coz why do it manually when u can pay for a stash that auto sorts loot while you gather even more loot...

And suddenly you realize. You have 27 stashes for a total value of 300 usd... Most you have bought one the weekly stash sale.

And that is how PoE is financed. No walls no hidden stuff. Just loot.

yeh also cosmetics in case you wanna look good gathering all the loot.

Uhh.. Where do you think this number that you call "value" comes from?

It comes from the crypto exchanges. The value. Is the latest settled sale. So when someone sets a sell price and someone buys at that btc, is when the value is set.

So yeh. You absolutely need new buyers for its value to increase.

Yeh why. DNS is one of the few service that seem ok

Removed

This is true. Some conspiracies are for selling vitamins. But most are for selling weapons.

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Engineer here too. Absolutely agreeing with you.

The people that want to go back to the office are also the same people that were wasting everyone's time in the office. Middle managers, office365 consultants, project managers etc. Etc. Generally the people that had the bullshit jobs in the office, and had little contributions except the "social contribution".

I don't not want to go back to the office mainly because of those same people...

Use NewPipe on Android to avoid ads

Both Owncloud and nextcloud are good alternatives. Both have support contact sync with Android

Exactly.... Making bad games and then making money off said bad games is just bad for everyone.

I have friends with kids on all side of this coin:

Group A is tech parents with screen time control ( uses parental controls)

Group B non tech parents with physical screen time ( takes phones away)

Group C parents that let the child decide ( kids have full control over own devices)

And without a doubt one can notice developmental diviations in the children av group c. They are not very active, hard to socialize etc.

Group bs children are usually way more phydicsl about things.

But bottom line is that tech is negatively impacting children if left unsupervised.

And i honestly think much of that comes down to design patterns in apps. We make stupid apps be addictive to adults to optimize engagement and these same physiological hooks work on children except way more potent.

Because ignorance is bliss. The more you know the more you know you don't know.

Which 3?

—. —

Can we have a discussion about what democracy currently is?

Is one dollar one vote really democratic?

Ahh well if we gonna focus on the numbers only. You are right. But then people should shut up about all this environmental and economical crisis. My numbers are fine screw you if your numbers are bad. Why should that be my problem?

It is called a "formality"

Whoever wrote the article were on a heavy dose of corporate cool aid sprinkled with some denial of the "Peter principal"

https://en.m.wikipedia.org/wiki/Peter_principle

So it is our collective fault ?

Yeh but there is a difference between saving for retirement and being "filthy rich"

Some people have other interests that gathering power and money. So why is it fair we build a world only for the powerfull and wealthy?

We are.

Everytime we shut up in meetings when dumb sleezy managers come up with dumb ideas.

Everytime we implement those ideas. And let someone else sell them and use them.

Everytime when we pretend that our jobs are just a paycheck.

So yeh if we don't throw them under the buss no one will.

#underthebuss

You are very correct. But what I always wonder. How long can this system perpetuate?

Yes that is true.

But everything is left to the government. Parents do not take care of their children. Children do not care about their parents or family.

If you have troubles, you either get drunk or shut it....

Norwegians have a fuck season which they call "julebordsesong" (Christmass party season) where a big part of the nation ends up cheating.

https://www.dagbladet.no/nyheter/de-fleste-som-er-utro-er-de...

Family cohesion is non exsistant.

Also anything that is not illegal is acceptable.

Do you want me to keep going ?

So correct..

I guess now Scandinavians are also a "protected" "race"- list...

I would not call them wasted.

It is a calm place.If you know how to live in it. Just like a jungle. I just treat it like my personal urban jungle where I can do whatever I want.

That is the beauty of Norwegians. They are pushovers, non confrontational, scared , and very easy to manipulate and intimidate.

https://en.wikipedia.org/wiki/Master_suppression_techniques

So work is easy, money are good I found out that a Norwegian food is cheaper that an Indian servant.