dhork

I honestly think that if the price of Crypto weren't so darn high, a better ecosystem would have developed around it and it would at least still be useful for payments. But since it is so high, anyone who has any crypto would be nuts to spend it.

Some people hold up the pizzas bought with 10000 BTC as some sort of cautionary tale, because if the guy had held on to the BTC he would have hundreds of millions of dollars right now. But not only was 10000 BTC only worth the price of two pizzas then, nobody back then really knew where the project was going. Certainly no one thought one BTC would ever be worth even $1000 unless BTC transaction adoption really took off. But here we are.

(Plus, I doubt the guy spent his only Bitcoin on pizza for someone else. Someone who had 10K BTC to spare in 2010 likely had a lot more, too. He is probably not eating instant ramen unless he wants to.)

I was originally interested in crypto because I wanted to know how it managed to make truly decentralized, permissionless, peer-to-peer transactions possible. After I learned about how it did all that, I also learned three things:

• decentralized transactions are useless when so much of our economy leverages centralized transactions built around existing payment systems.

• permissionless transactions are useless when governments are ultimately in control of payments, and have the right to restrict certain payments regardless of how they are made.

• peer-to-peer transactions are useless when the currency is in so much investment demand that the price spikes, and nobody wants to spend it because it's a StOrE oF vAlUe (and because of the tax implications)

So the crypto movement demonstrated it is possible to make a platform to transact on that is free of any reliance on any intermediary, but in practice so much of our existing commerce relies on intermediaries that removing all of them causes more problems.

Better watch out, if his boss sees this he might get the sudden urge to motorboat him.

I'm convinced Republicans have been wanting to fund secret third party campaigns since 1992, when H Ross Perot waged the most successful independant campaign in recent memory. He didn't get any electoral votes, but got 20% of the popular vote. Clinton won his first term with only 43% of the vote. Republicans convinced themselves that Perot stole more votes from Bush than Clinton, and that if Perot didn't run, Bush would probably have won.

Is pot legal in Maryland? Then they can make a real joint appearance.

Trump doesn't have surrogates, he has co-defendants.

The headline should have used "neutered" instead.

But wait, everyone here on Lemmy doesn't like her because she's "a cop". Does she want to defund herself?

This Master Debater can't even win an argument with himself

Good Bot

Right. The only way to get Republicans to consider an amendment is to make the status quo untenable to them, so they prefer change.

That's why you pack the court with 4 40-yr-old Liberals who can use the current rules to push the Court leftward for 30+ years . That will get them to change the rules quickly.

He will of course make an exception for the Catholic religious orders that are celibate