• 4 Posts
  • 35 Comments
Joined 1 year ago
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Cake day: July 2nd, 2023

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  • I gave a number of real life use cases where it would solve real problems. There are so many more, especially “boring” ones like official documents, research, and medical records that would benefit from it tremendously. Blockchain does not equal crypto, but they complement each other really well.

    Proof of stake could make the thing not too environmentally damaging but it’s been years that major blockchains are saying they will implement it the next year

    What do you mean, Ethereum is pos.


  • I AM NOT SHILLING CRYPTO IN ANY WAY OKAY THANK YOU

    With that out of the way, those are not intrinsic qualities of either. The fundamentals on which every shitcoin and the bored ape garbage were sold to the public are still very strong. This is like saying “online shopping is horrible” in 2004 - technically not incorrect, but very shortsighted. While the proof of work protocol (mining for it to function and who mines more is the truth) is unsustainable, proof of stake (who holds more is the truth) and mixed ones are fundamentally amazing. Imagine stablecoins pegged to indexes of international currencies. BRICS coin, for example. With smart contracts (rules built into the transaction itself) and being practically legitimate international currencies it opens up so many possibilities. Transparency and easy comparisons in payments - salaries, rents, goods and services. Immutability - you can’t just whack a person and steal the deed to their house. The “chain” part of blockchain - clear history of ownership of assets, no more “I accidentally bought a stolen car/house”. And eventually the contracts can be made complex enough to cover most interpersonal transactions.

    And the same thing for nfts. Especially now, in the rapidly exploding era of unethical AI art, music, etc. Artists could easily sell/lease rights for their work, including for it to be a basis for generative models. It’s not limited to digital products - whatever you want to to confirm ownership of can be tagged with one-way encrypted signatures baked into nfts.

    So both are great technologies that can still be improved on a lot. But it’s just that the ways in which they’re used today are almost exclusively rugpull bubble dogshit.




  • Crowds gathered on the square in front of the 14-story hotel to celebrate the fall of the Soviet Union. Now, Hotel Ukraine is up for auction as part of an effort to sell off some large state assets to help fund the military and bolster an economy

    Fucking hell man. If this was a movie, you’d call it lazy writing. Literally 90s 2.0, and they’re even making communism the bad guy again somehow.



  • I’m saying this as someone who went (and is still going) through the same experience of not fitting anywhere, including my own head, incapable of hard labor, and for the longest time unable to land a spot to work with my brains. The only thing that really matters is that you do well by yourself. If you’re not okay, you’re definitely not freeing the colonies, not helping Palestinians or bringing about the revolution.

    There is nothing fundamentally broken in you. People are very different, but the conditions of the world force everyone to be the same, and then shame you for not trying hard enough if you’re not. There absolutely is a place for you in the world and lives of others. I can’t give you a solution, but my advice is to be more open, with yourself and others, and to learn to ask for and accept help. Coworkers, family, friends, government, mutual support orgs, whomever. It might be extremely difficult. But you’re not alone in any of this, and people are built to work together. You’ve done a good job getting this far.