Welcome to the Age of Technofeudalism
Comments ( https://news.ycombinator.com/item?id=39977002 )
https://www.wired.com/story/yanis-varoufakis-technofeudalism-interview/
nostr:note17h9979vekvczg2vnmzmmv8d2d70vgzuvdu6f22t86cv7nqfj5r9qakjpkq
Make sure to be the one with the most Bitcoin when you die.
Bay Area Workers Charged for Building Secret Apartments Inside Train Stations
Comments ( https://news.ycombinator.com/item?id=39976483 )
No there is no housing crisis. Not at all.
Mebbe. I've laid out my reasons. Let's see what happens.
Mate, do you know how much Bitcoin mining capacity is installed world-wide? Some figure like "10 gigawatts" is abstract, try to picture this in terms of car factories.
So far, the subsidy was miners' main source of revenue, with validation fees being an aside. With dwindling subsidies miners will have to make up the difference in fees to maintain the value of their investment. But there's only so much room there as no one is willing to spend $1000 of Bitcoin fees to transfer $100 worth of Bitcoin value, not even the drug dealers.
It's better for the community to come to terms with the inevitable future now ahead of time while there's still room to experiment. As for the rules about competing forks and heaviest blocks, the community can decide whatever. In the real world, a majority of people coming together an collectively deciding on something is considered a win and a sign of a stable society. Somehow just in the twisted logic of the Bitcoin space a 51% consensus is somehow considered a threat.
This is what a sore loser looks like. A peasant from the Old Continent, a society that's structurally unable to deal with 21st progress and has voluntarily submitted itself to tech from overseas.
No Yanis, no army of evil forces came to subdue the hapless people of Europe. In the face of new opportunities arising they chose to stick with growing Olives and bending metal.
Bitcoin is decentralized and every node owner has full power over whatever version they want to run themselves.
They could even run several and partake in several networks, e.g. a tentative fork to see how the fork works out.
It's up to each node owner to do what's right. Of course bitcoin core has an influential thought leadership there, so even if not formally in power a lot of nodes will follow their advice.
The original code keeps reducing the subsidy until no more fresh Bitcoin are minted. This effectively caps total Bitcoin supply at 21m. It means we're running out of fresh new Bitcoin.
Fizing the subsidy means there is an ongoing supply, every 10 minutes 3.25 new Bitcoin will be minted, until all eternity.
The show must go on.
Lol this is hilarious
here’s another perspective: building protocols that have a structural advantage against censorship are great, but for protecting free speech and liberty on a societal level they’re just hacks.
Elon/X loudly denouncing and challenging Alexandre
de Moraes is fundamentally more important than anything here.
in other words, nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m you’re a massive pussy. nostr:note14rskfu639rsup3rvd5f9s7dgxc6jwghgqsy4qf5hqtvp83xq7xvsq2m34l
#nostr just a hack now
Bitcoin is so decentralized it relies on like 5 developers
Thanks for radiating energy into outer space. I mean *someone* has to do it, right?
Well maybe the monsters are under*your* bed. They aren't under mine. I checked.
This video has been around for a while now, but it reminded me of the same disease as the video in the attached note.
In the video of the attached note, the people around the boy who is being robbed and assaulted, do nothing.
In the same way, society also does nothing in the face of this communist dictator named Klaus Schwab. In front of our faces he tells us that he is going to steal our privacy, freedom and dignity and nobody lifts a finger.
Hard times are coming.
https://telegra.ph/file/58f4d4692f2c41c6f66d1.mp4
nostr:note13jk66k0t2thh4qq4c0dra20uxpn4mer0pwerae2nhr8dw7uzmuvszr2yn3
Klaus has no power. What are you afraid of? Monsters under the bed?