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ililiililiililiilili

@ ililiililiililiilili @lemm.ee

Posts
1
Comments
227
Joined
2 yr. ago

  • What do you host for your finances and why!

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  • Crypto cannot be banned. It can only be made illegal, if countries want to remove themselves from the digital currency revolution. The derivatives market is $730T. Stocks are about $110T. Real estate is around $380T. If you're concerned about the minuscule amount of illegal activities that occur within the 3.5T crypto market, your fears are misguided. Crypto is mostly traceable. Fiat currencies are highly preferred for drug sales and tax avoidance.

  • It seems like YouTube have changed their link tracking to include more information

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  • Thanks for shedding light on this. I've also noticed the same thing on Instagram links. They now have a "igsh=" added to track sharing.

  • Bitcoin hits record high as Trump vows to end crypto crackdown

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  • Hoarding fiat currency will always end worse than slowly trading it for assets that hold or increase in value. All the while: government money loses value by design. Attempting to time a crash and call the bottom is more akin to gambling than investing.

  • Bitcoin hits record high as Trump vows to end crypto crackdown

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  • Cayman Islands, UAE, Bahamas, Monaco, Bermuda, Qatar, Bahrain, Brunei, Oman, Kuwait, British Virgin Islands, Panama, Saudi Arabia, Anguilla, Somalia... There's more, but you only asked for one. I will admit that doing fine is a relative term and probably doesn't apply to all these places. 😂

  • Bitcoin hits record high as Trump vows to end crypto crackdown

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  • That would just suppress the price in the short term and leave that country behind in the digital currency revolution. Everyone has a moral responsibility to disobey unjust laws. Politicians can legislate all they want, but crypto will keep humming along.

  • People Have A Hard Time With Change — But Electric Vehicles Will Dominate By 2030

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  • A bicycle is absolutely peak efficient transportation. They are just not as comfortable, safe, or as fast as what people are used to. Some car drivers are also disabled (and most are lazy), which eliminates bicycles entirely for them. Ebikes may also convince some to travel on 2 wheels, but the vast majority of able-bodied drivers will still opt for multi-ton, 4 wheel vehicles for safety, speed, comfort, and ease of hauling kids and cargo. Prices of new EV cars have dropped 15% in the last 2 years and used EVs have dropped 42% in just a year. EV prices will continue to drop as US lithium production increases. In recent years: US oil production has skyrocketed, keeping oil cheap and further slowing adoption. Add the protectionist tariffs imposed on Chinese EVs and its clear our inevitable EV future is getting sandbagged by those with vested interests.

  • Bitcoin hits record high as Trump vows to end crypto crackdown

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  • Governments have shown in the past they will indeed never give up their money printer. That's a key reason crypto was created. You seem to think governments are willingly allowing crypto to exist and have the ability to shut it down. Centralised e-cash has been tried (and quickly squashed). P2P crypto is immutable and exists to preserve the freedom of users.

  • People Have A Hard Time With Change — But Electric Vehicles Will Dominate By 2030

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  • Electric motors are much more efficient than ICE and produce no emissions. That doesn't seem inferior to me. They require much less cooling, no exhaust, vastly less maintenance, and overall EV cars need about half the parts of ICE. Electricity prices will come down with more governments subsidized investments in renewables. Hydrogen in practical use is currently a joke because the fueling infrastructure doesn't exist and the energy required to convert natural gas to hydrogen is horribly inefficient.

  • Trump prepares to withdraw from Paris climate agreement

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  • Right? Its just that biological, carbon-based shit on it that's gonna get cooked. This old rock is gonna be just fine. 🥹

  • Earth 2 had a data breach.

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  • I should have clarified: the revolutionary part is that through the possession of data (private keys), users are able to lay claim to their units of cryptocurrency.

    Monopoly money is issued by Hasbro (private institution), can be fairly easily counterfeited, has little to no acceptance outside the context of a board game, and there's no upper limit to how much can be printed. On top of all that: there's no cryptographic way to prove the validity of Monopoly money and it can't be transferred across the planet as easily as sending an email.

  • Earth 2 had a data breach.

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  • Value of anything only exists in the minds of humans. No value is inherent to anything. You're absolutely correct that gold isn't fiat. But gold could absolutely be used as currency. Its in circulation and used as a medium of exchange. You're also right that crypto is a currency. But its not a fiat currency. Crypto and fiat are both mediums of exchange not backed by a commodity. The key distinction is that fiat also relies on trust from the issuing institution.

  • Earth 2 had a data breach.

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  • Fiat is government-issued currency with no underlying commodity and no upper limit. Crypto has no government backing and its issuance is determined by each cryptocurrency system (maintained by miner consensus). Some crypto has upper limits and others do not. I think having no supply limit is the distinction you're trying to define as fiat.

  • Earth 2 had a data breach.

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  • Crypto is a revolutionary product because it enables users to possess their own units of account. With great freedom, comes great security concerns. Keep in mind, the vast majority of scams are still conducted with fiat currency. Blaming ignorant crypto users does not overshadow the value digital assets provide to humanity. These benefits include: protection from fiat debasement, the ability to transact without intermediaries, global accessibility, privacy, and transparency. We're using the fediverse for fucks sake, so some of these features ought to be seen positively by many of us. You're absolutely right that greedy and gullible are drawn to crypto because "line goes up." There will always be a learning curve for new technology and hard lessons will be taught to early adopters.

  • Most if any shower thoughts probably never actually occured in the shower

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  • I sincerely hope this thought occurred in the shower, OP. 😍

  • Reddit is profitable for the first time ever, with nearly 100 million daily users

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  • Removed

    Colorado cardiologist who drugged, raped women cries in court as he's branded 'most prolific' rapist

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  • You are right, that most of these women probably would have consented. Rapists are into non-consensual sex. Its kinda their kink.

  • Jerkoff

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  • I have accepted PNG Jesus into my photo editor.

  • Purposely leaving small amounts of crypto on your device is like leaving a few dollars in the console of your car. It lets you know if your property has had it's security breached.

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  • Yeah, this was my thought process. Security comes in layers and a huge amount of malicious software will scan for and send away unencrypted crypto sitting on a device. Setting up a small honeypot and monitoring for transactions gives me slight peace of mind. I just wanted to share my shower thought.

  • What security options are you using with your ebike ?

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  • I have one of those $15 motion-activated alarms from Amazon (with a key-fob) buried under the seat of mine. That way, it will at least make some noise while it's being stolen. Obviously, use a lock (first and foremost).