The word is crypto"currency". The goal would be to completely replace traditional currency.
Your job pays you in crypto, you pay your electric bill in crypto, you pay your mortgage in crypto, you pay your car payment in crypto, you save in crypto, you buy your Starbucks in crypto. You sell your old game system for crypto, etc.
When you completely give up on the traditional system and value your life in crypto, your life gets better.
For that so decentralized video, we are actually in agreement. That is absolutely not decentralized, as it is very easy for a government to knock on the door and tell them to do whatever they want, and if they want to continue to exist as a business, they must comply.
While Monero, for example, still uses proof of work, it is deliberately designed to work on general purpose CPUs, such as the ones you have in your phone, laptop, desktop, etc.
This completely murders the idea of a mining farm and completely murders the idea of being able to centralize in a place like that.
There’s not one or only a few doors to knock on. There’s thousands upon thousands of doors to knock on all across the world. And since it’s so distributed, there’s not jet engine level noise in one specific area harming the community like this.
This completely murders the idea of a mining farm and completely murders the idea of being able to centralize in a place like that.
Does it? Why wouldn’t there be economies of scale and advantages of locating near cheap electricity for Monero miners? Why are a million shelf-CPUs quieter to cool than the same computing power in ASICs?
It’s true that Monero miners would benefit from cheaper electricity. I think more than anything it has to do with the power efficiency. A big warehouse full of CPUs would not be any more efficient than Uncle Bob mining on his gaming PC in his bedroom.
As for the noise level, I don’t think cooling a million CPUs would be any quieter than cooling ASIC chips. I think it’s mainly the fact that it’s so distributed.
Uncle Bob might have one or two computers mining in his bedroom, which put off a little bit of noise, but nothing horrible. Where these companies have racks and racks of ASIC chips all in the same place, amplifying the noise upon each other.
Are you a bot? Of course there’s going to be some minority that abuse these things. You don’t have to accelerate the cherry picking.
As for Venezuela, yeah, it’s going about the same as dollarization went, that’s no surprise. It was never meant for gouvernements. (Also, that’s Bitcoin, so no surprise there).
Hey, thanks for the read. That was actually very interesting.
I think a lot of the problems are the shifting of the meanings of words over time, in that words get used in different contexts, in different time periods. For example, socialism is commonly thought to be Marxist-Leninist states like the old Soviet Union, etc., when apparently that’s not what it meant at all.
On a personal level, I don’t know quite what the hell I am because I feel as though I could identify with some aspects of American libertarianism as well as anarchism and voluntarism and i like the NAP. i am absolutely opposed to war, see the right to bare arms as absolutely imparative, and hate fiat money because it gives one group of humans the means to destroy the lives of everyone else silently and without most people being able to identify the root of the problem.
I like Ayn Rands “Atlas Shrugged”, Alongside Night by, i’m going to butcher his name, J Neil Schulman, and some of Sek3.
I am in no way opposed to drugs, but think that individuals who choose to use hard drugs are only hurting themselves. Cocoa leaf tea is one thing. Cocaine is totally different, just because of how much stronger it is. Marijuana is fine because you’re not going to overdose and die from it, even if sometimes you might feel like you will.
With that said, what a person chooses to put in their body and enjoy is none of my fucking business. And I have no say over that, nor should I.
Another thing I found to be quite interesting was assassination politics and the assassination marketplace for those power hungry people who think they could lord it over everybody else wouldn’t be able to do so for very long.
Edit: a few of the people i have major respect for are Cody Wilson (liberator 3d pistol) J Stark (Fuck Gun Control (FGC) 9mm, murdered by german poliece RIP), Amir Takki (dark wallet) and Edward Snowden (NSA leaks)
Both the United States and the Soviet Union cracked down on organized labor. The corruption of the word ‘socialism’ was encouraged by both super-powers, one to falsely associate it with dictators and tyranny, and the other to claim its virtue for itself.
George Orwell wrote, “Rifles, muskets, long-bows, and hand grenades are inherently democratic weapons.” Anarchists generally don’t oppose safe recreational drug use, and see addiction not as a criminal act but instead a public health issue. Historically anarchists have flirted ideologically with assassination, but the modern consensus is that the means and the ends of revolution are too closely related to embrace political murder as a tenet.
It sounds like you’re interested in becoming more politically literate. One question to ponder is if it may be moral for people to conspire to assassinate tyrants, is it also moral for people to organize a labor union to prevent tyrants from paying them poverty wages?
Why organize a labor union to keep the tyrants from paying you poverty wages when you could just submit the name of the tyrant to the assassination market and let somebody take care of it?
The more unpopular you are as a human being, the shorter your expected lifespan, because the reward for you not existing would increase proportionally to how much of an asshole you were.
The next person knowing that the workers are why the last person was deposed would be a hell of a lot less likely to pay poverty wages and become unpopular since they have an incentive to live.
Personally, I’ve never followed or paid very much attention to politics as I see it as a pointless endeavor. The way our political systems are set up these days, they will get what they want and fuck what the people think.
I think there are a group of people that go into politics who are just pure evil and do so in order to have control over other people. I think there are some people who go into politics actually thinking they can change the system and have absolutely no idea that they don’t matter in the grand scheme of things.
Power corrupts and absolute power corrupts, absolutely.
The word “investors” is the problem here.
The word is crypto"currency". The goal would be to completely replace traditional currency.
Your job pays you in crypto, you pay your electric bill in crypto, you pay your mortgage in crypto, you pay your car payment in crypto, you save in crypto, you buy your Starbucks in crypto. You sell your old game system for crypto, etc.
When you completely give up on the traditional system and value your life in crypto, your life gets better.
Cringe AF. Please stop abusing the anarchist symbol.
No, I don’t think I will, because I’m not abusing it. I am a crypto anarchist.
I believe in rules without rulers and voluntary human association. Governments are illegitimate due to the use of force.
Anarchism and capitalism are mutually exclusive.
However you feel about crypto, its decentralized nature is counter to capitalism.
So decentralized! Capitalism is over!
For that so decentralized video, we are actually in agreement. That is absolutely not decentralized, as it is very easy for a government to knock on the door and tell them to do whatever they want, and if they want to continue to exist as a business, they must comply.
While Monero, for example, still uses proof of work, it is deliberately designed to work on general purpose CPUs, such as the ones you have in your phone, laptop, desktop, etc.
This completely murders the idea of a mining farm and completely murders the idea of being able to centralize in a place like that.
There’s not one or only a few doors to knock on. There’s thousands upon thousands of doors to knock on all across the world. And since it’s so distributed, there’s not jet engine level noise in one specific area harming the community like this.
Does it? Why wouldn’t there be economies of scale and advantages of locating near cheap electricity for Monero miners? Why are a million shelf-CPUs quieter to cool than the same computing power in ASICs?
It’s true that Monero miners would benefit from cheaper electricity. I think more than anything it has to do with the power efficiency. A big warehouse full of CPUs would not be any more efficient than Uncle Bob mining on his gaming PC in his bedroom.
As for the noise level, I don’t think cooling a million CPUs would be any quieter than cooling ASIC chips. I think it’s mainly the fact that it’s so distributed.
Uncle Bob might have one or two computers mining in his bedroom, which put off a little bit of noise, but nothing horrible. Where these companies have racks and racks of ASIC chips all in the same place, amplifying the noise upon each other.
Are you a bot? Of course there’s going to be some minority that abuse these things. You don’t have to accelerate the cherry picking.
As for Venezuela, yeah, it’s going about the same as dollarization went, that’s no surprise. It was never meant for gouvernements. (Also, that’s Bitcoin, so no surprise there).
It’s interesting you confused an article about the Trump-loving capitalist dictator of El Salvador with one about Venezuela.
https://en.m.wikipedia.org/wiki/Anarcho-capitalism
https://en.wikipedia.org/wiki/Anarchism_and_capitalism
Hey, thanks for the read. That was actually very interesting.
I think a lot of the problems are the shifting of the meanings of words over time, in that words get used in different contexts, in different time periods. For example, socialism is commonly thought to be Marxist-Leninist states like the old Soviet Union, etc., when apparently that’s not what it meant at all.
On a personal level, I don’t know quite what the hell I am because I feel as though I could identify with some aspects of American libertarianism as well as anarchism and voluntarism and i like the NAP. i am absolutely opposed to war, see the right to bare arms as absolutely imparative, and hate fiat money because it gives one group of humans the means to destroy the lives of everyone else silently and without most people being able to identify the root of the problem.
I like Ayn Rands “Atlas Shrugged”, Alongside Night by, i’m going to butcher his name, J Neil Schulman, and some of Sek3.
I am in no way opposed to drugs, but think that individuals who choose to use hard drugs are only hurting themselves. Cocoa leaf tea is one thing. Cocaine is totally different, just because of how much stronger it is. Marijuana is fine because you’re not going to overdose and die from it, even if sometimes you might feel like you will.
With that said, what a person chooses to put in their body and enjoy is none of my fucking business. And I have no say over that, nor should I.
Another thing I found to be quite interesting was assassination politics and the assassination marketplace for those power hungry people who think they could lord it over everybody else wouldn’t be able to do so for very long.
Edit: a few of the people i have major respect for are Cody Wilson (liberator 3d pistol) J Stark (Fuck Gun Control (FGC) 9mm, murdered by german poliece RIP), Amir Takki (dark wallet) and Edward Snowden (NSA leaks)
Both the United States and the Soviet Union cracked down on organized labor. The corruption of the word ‘socialism’ was encouraged by both super-powers, one to falsely associate it with dictators and tyranny, and the other to claim its virtue for itself.
George Orwell wrote, “Rifles, muskets, long-bows, and hand grenades are inherently democratic weapons.” Anarchists generally don’t oppose safe recreational drug use, and see addiction not as a criminal act but instead a public health issue. Historically anarchists have flirted ideologically with assassination, but the modern consensus is that the means and the ends of revolution are too closely related to embrace political murder as a tenet.
It sounds like you’re interested in becoming more politically literate. One question to ponder is if it may be moral for people to conspire to assassinate tyrants, is it also moral for people to organize a labor union to prevent tyrants from paying them poverty wages?
Why organize a labor union to keep the tyrants from paying you poverty wages when you could just submit the name of the tyrant to the assassination market and let somebody take care of it?
The more unpopular you are as a human being, the shorter your expected lifespan, because the reward for you not existing would increase proportionally to how much of an asshole you were.
The next person knowing that the workers are why the last person was deposed would be a hell of a lot less likely to pay poverty wages and become unpopular since they have an incentive to live.
Personally, I’ve never followed or paid very much attention to politics as I see it as a pointless endeavor. The way our political systems are set up these days, they will get what they want and fuck what the people think.
I think there are a group of people that go into politics who are just pure evil and do so in order to have control over other people. I think there are some people who go into politics actually thinking they can change the system and have absolutely no idea that they don’t matter in the grand scheme of things.
Power corrupts and absolute power corrupts, absolutely.