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Joined 1 year ago
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Cake day: June 26th, 2023

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  • I know, but to me this meme doesn’t make sense to me unless I assume the person reading the math Expression is interpreting its real world application.

    25 / 5 = 5 and nobodies head exploded. That’s just evaluating a math Expression. .25 / .5 = .5 is the same. It’s not a “my brain can’t comprehend how to evaluate expressions” as the meme suggests.

    However, if someone who doesnt do much algebra thought to themselves “I need half of a quarter”, then I could understand why their brain might “hurt” as the meme suggests, for a similar reason why adding 20 degree Celsius water to 20 degree Celsius water doesn’t make 40 degree Celsius wate

    I’m probably reading into it too much, but the meme just doesn’t feel like a “mind fuck that keeps me up at night”. I’m looking for reasons to try and explain it, but it’s just a math expression at the end of the day







  • How is it insecure? Schnorr signatures and the txID system literally make it quantum resistant. Even if you cracked a transaction’s key, you’d only have access to already spent funds. Like a receipt instead of a debit card, with no certainty who has the money until they spend it.

    Oh, and in terms of computational waste, the fiat backed inflation based currency system we have now, has incentivized a world of endless growth which isn’t sustainable. Switching to an asset with finite supply like Bitcoin would remove those incentives. There’s other costs to using deflationary assets, but if you actually value the environment, switching to Bitcoin would economically inventivize a world where people are encouraged to save more instead of spend more


  • The recent crash was less volatile than previous crashes, and lasted half as long. There were also more factors than just the stable coin crash, there was also the FTX scandal, and silicon valley bank collapse which had ripple effects in the economy.

    Still though, the resulting crash was half as long and not as severe as previous crashes.

    I’m not saying you’re wrong about stable coins, but saying the entire crypto economy depends on that, while BlackRock has pushed the SEC to allow for Spot ETFs, is an exaggeration.

    I’m not even going to say this is a morally good thing. I hate BlackRock because they are the mainstream/institution. But that level of support shouldnt be taken lightly


  • This is an emotionally charged post, yet everyone you disagree with is secretly trying to influence everyone else? How the fuck are you going to compare people who like a type of software to literal Nazis? Anyone who relies on emotional arguments like that is clearly not a rationalist.

    How do you achieve communism without authoritarianism? This sub says they like decentralization, but if you decentralize based on computers, how do you stop adversaries from performing a Sybil attack? How do we establish command and control for a decentralized network, without letting authoritarians seize that command and control? How do you establish a decentralized identity system, without also establishing a decentralized system for data management and governance?

    Now, should a Blockchain be that? Maybe not, I’m not trying sell whatever to you. I get being annoyed by all the advertisers, but to go an extra step to say that the principles of cypherpunk is something to compare to Nazis, is just proof you care more about emotional arguments and setting narrative.



  • Ask anyone who talks shit about crypto for anything besides a meme, and you’ll still get a meme. That’s how their perception of it was established. They probably don’t know the difference between the internet and their web browser, let alone decentralized vs centralized, or all the many reasons why the economy has gone to shit the last few decades.

    But they do know memes! The same two memes that have been told since Bitcoin was priced under $10k








  • Trusting Humans is literally a security flaw. Any system with trust you can find examples with fraud and abuse from those who held power by holding that trust.

    We trusted bankers to invest our money, and some short sold the housing market with that money

    I could go on, but trust really is a security issue. Decentralization has its efficiency issues, but saying “Bitcoin uses as much power as the 90th largest nation” is peanuts when you consider the energy inequality that America spends and compare what Bitcoin delivers with that energy versus how much energy centralized banks need to deliver a system that’s easier to fraud