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@orthzar
stacking since: #20186
430 sats \ 0 replies \ @orthzar 22 Apr \ parent \ on: Stacker Saloon
I've had a theory that whenever a hard fork occurs, it is up to consumers to decide which side will succeed by selling one side and buying the other. But I had assumed that hard forks would only originate from private groups; I hadn't considered that nation-states (or a group of nation-states) might start a hard fork.
For "compliant Bitcoin" forks to work, two things would need to be setup prior to the fork:
- (1) national firewalls to block access to non-compliant BTC nodes, and
- (2) regulations to force centralized exchanges to ban the trading of non-compliant BTC.
Implementing those two requirements will be very difficult. Thankfully, most nation-states are not capable of such coordination. But the IMF has many smart people; the IMF might be able to get a few European countries to implement the two above requirements. But we shall see.
Without the above two requirements, consumers will be able to curb-stomp the "compliant BTC" fork by simply choosing what they think is the better option. And since a "compliant BTC" fork will obviously be worse than BTC, most people will assuredly sell the former and buy the latter. Those who do the opposite (every transaction has a seller and a buyer), will ultimately be poorer as a result. In other words, hard-forks transfer wealth from gullible people (those who like the inferior side of the fork) to the cognizant people (those who prefer the superior side of the fork).
In this way, "compliant BTC" forks are self-defeating, because they punish the compliant people and reward the non-compliant people.
This is a likely outcome, but it is not a guaranteed outcome. There is a possibility that some clever academic could discover a way to trick people into buying "compliant BTC" and selling BTC. I am not sure how such a trick could be arranged without outright defrauding people. Mass fraud would lead to runs on centralized exchanges, which are the primary (only?) vehicle for state-control of cryptocurrencies. But that would be good for Bitcoin, because shitcoins can't survive without centralized exchanges.
The container ship weighs tens of thousands of giga-tons. No bridge pylons could withstand a hit form such a vessel. Rather, the bridge needed additional barriers further out from the pylons to gradually slow down the ship. But I'm not sure that enough such barriers could have fit in the area around the bridge.
Moreover, this is a failure to restrict the weight of ships allowed in the vicinity of the bridge (analagous to restricting height of ships in the vicinity of the bridge). But the governments responsible for such an oversight will not suffer because of this. Instead, the Federal government will bail out the local/state governments for this failure. There's a club, and the victims of this collapse weren't in it.
The article argues for async/await. That aspect of Rust takes it far from Assembly language.
Rust implements async/await as a finite state machine, something which was/is very common in assembly programming, because it is arguably the simplest means to handle this sort of task. Rust is doing a very poor job of departing from assembly.
Smart programmers try to avoid complexity.
That belief is the reason why languages like Rust are virtual Turing Tarpits. Such languages prevent the programmer from managing complexity, because such languages are nothing more than portable assembly languages. Assembly provides little means to manage complexity, so avoidance of complexity is the only option. Rust and C inheret this limitation, and the result is two generations of programmers who think that simplicity is the key to making computers better.
Yet again, hardware vendors prove they learned nothing from the Spectre/Meltdown fiasco. By implementing DMP, Intel and Apple have doubled-down on putting performance ahead of security and correctness. A fast CPU that leaks my private keys is not a CPU; it's an expensive colander.
There are alternatives to making the hardware faster, but hardware vendors are not looking in the right places. Maybe they will reach a dead-end in terms of making CPUs faster, and then begin looking elsewhere for performance improvement.
That is utter bullshit. "Surname" comes from the Latin word "supernomen", which is a combination of "super-" (above, beyond) and "nomen" (name). The "sur-" part is just a shortening of "super".
as well as provide information about video viewers who weren't signed into YouTube while watching
I'm glad they included this detail. Now we know that we should be using some indirect means to watch YouTube videos (if not stop watching them entirely).
My employer is deeply tied to the commercial real estate market. When that market crashes, I am guaranteed to be laid off. I've been expecting it for a few years, but it is for sure going to happen this year or next. It mostly depends on Federal policies and the timing in the terms of loans.
I'm still waiting for the shoe to drop on residential real estate.
Go read the terms for variable rate mortgages and focus on the terms that state how/when the rates adjust up/down. The prime interest rate in the US rose last year, so it'll take time for variable rate mortgages to adjust up. Variable rate borrowers could will see a 2x-4x increase in their monthly payments, which would lead to widespread foreclosures within 6 months (depends on how much savings and credit each household has left). That is the most likely thing to cause a residential real estate crash.
There is a very small chance that the stock market could crash before the residential real estate market crashes, in which case a lot of people would lose their jobs and then their homes. Not sure which woudl be worse.
There is also the possibility of a national eviction moritorium (or even multiple eviction moritoria at the state level), like Trump ordered in 2020. That would be worse, because it would lead to bail-ins. But it would make the then-president look like a hero to a lot of people.
and the overbuilding continues
Imagine pouring millions into a building on the eve of a crash that will be second only to the Great Depression. A lot of people are living the high life, simply because they don't remember what happened 2007-2013, and it's tragic.
Another reason a plea deal is an aweful outcome is because there's nothing stopping some other nation-state trying to prosecuting Assange, and keeping him jailed forever. There are 194 other nation-states on the planet, and who knows how many of those have extradition treaties with the UK; any one of those could seek extradition of Assange for whatever BS. The US Federal government could easily use any one of those as a pawn to keep Assange in prison forever.
If Assange takes the plea deal, the US Federal government can still murder him after his release.
Assange is in a no-win scenario, and the criminals responsible get treated as heroes by their fellow countrymen.
Unfortunately, most people who make toy Lisps like this wind up believing that they have mastered Lisp. In fact, they usually learn nothing, and have produced another example of Greenspun's Tenth Rule.
Poking at my SSH-over-Nostr idea. I started by trying to implement it using a Python library via Burgled Batteries, but Python is such a pathological language that I had to stop after a particular stack trace.
Yes, I know, there's ways to deal with that. But working with Common Lisp is 1000x easier than Python. Reading stack traces is a waste of time. I'm probably just gonna spend a while working on a Nostr library in Common Lisp, so I can write my SSH-over-Nostr client entirely in Common Lisp.
Python, not even once.
Your original assertion was that most land owners in American had allodial titles prior to 1913. You have asserted that without evidence. So, I provided evidence to the contrary, namely that American land owners did pay property taxes prior to 1913, which is impossible if they had allodial titles.
Where is your evidence that most Americans had allodial titles prior to 1913?
Prior to 1913, most Americans owned clear, allodial title to property, free and clear of any liens or mortgages
This is patently false. Property taxes were common in America well before the 20th century. Heck, Abraham Lincoln was a property tax attorney; one case he won was even about a lien on a boat.
but nostr clients don’t make money
Who was it who said that some VC tried to invest in Nostr per se, but they left when they figured out that there's nothing to monetize about Nostr per se? It's like trying to monetize IPv4 or HTTP; you can't monetize open protocols, because they are open.
If you want to make money related to Nostr, your only option is to use Nostr to make money.
If they're employed for long enough to pay-off the mortgage -- then they might get to become home owners. But any hiccup (e.g. a few years of un-employment) and they'll be nothing more than renters with a lot of debt.
This is indeed surprising. Bitcoin transaction opcodes are magic numbers, because that's the nature of all byte code interpreters. Encoding MIME type using a magic number would be perfectly in-line with how Bitcoin transactions are built.
Well, at least they aren't using XML to encode data inside inscriptions. (I sort of wish this were true, because that would be very funny.)
Live your life as if you were just sent back in time to re-live your life and fix your mistakes. And you only have this one chance to make it right.
You have already sent yourself back in time to re-live this time period. Unfortunately, your memories were reset, so you don't remember why you went back in time. This is your only chance to figure out what you need to fix, and to do it right this time.
So, sometime in 2025.
It is dangerous to think that the Dollar collapse is right around the corner. It will lead you to take risks that will impoverish you.
Moreover, you should assume that hyperbitcoinization will occur immediately after you die, and that only your heirs will see it. Any perspective short of that will lead to disaster.