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Tangentially related to bitcoin, I found maybe the first seasteader?quote:In 1964, Leicester Hemingway, brother of author Ernest Hemingway, attempted to establish a country (or more appropriately, a micronation) dubbed the Republic of New Atlantis, on an 8-by-30-foot (2.4 m × 9.1 m) bamboo raft anchored with an engine block outside the territorial waters of Jamaica, using the Guano Islands Act as part of a claim to sovereignty. His apparent intention was to use the new country as the headquarters for his own International Marine Research Society, with which he planned to further marine research, as well as to protect Jamaican fishing. Neither the US nor Jamaica recognized his claim before the raft was destroyed in a storm in 1966
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Sep 23, 2022 07:53
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4lokos basilisk posted:its not possible to interact with any of those blockchains and scams without going through some exchange’s perfectly centralized and subpoenable website, though Pretty much this. Nothing is stopping a government from working backwards until they hit a point where a human has the ability to unplug it. And then force them to unplug it. "But the scam machine is only a small fraction of what our thing does" they might complain. And the government will tell them they are free to shut down only the scam machine and nothing else if they can. If they cannot tough luck but its time to pull the plug on the whole thing.
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Sep 23, 2022 08:07
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Tzarnal posted:Pretty much this. Nothing is stopping a government from working backwards until they hit a point where a human has the ability to unplug it. And then force them to unplug it. so the result will be this: 1. all exchanges that don't bother to report stuff to the IRS and follow SEC regulation will be banned from offering services to US citizens. 2. US users will still use the exchanges through trivial VPN routes. 3. once this becomes too big of a problem and the feds decide it's time, whoever processes the actual dollar transactions for the exchanges will get their balls put in a vice. 4. the bank that does the usd transactions will pay eight figgies in a settlement in which it does not admit guilt (but the settlement will include wording that makes it absolutely crystal clear that they were guilty as sin), but it will continue doing the bad business because it makes them more money than that
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Sep 23, 2022 09:45
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Oh, that's what "altogether ooki" means. I thought Gomez was better than this.
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Sep 23, 2022 10:19
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EricBauman posted:so the result will be this: the less low friction scam funnels with “trustworthy” gateways, the better imo you cant stop people from triple vpning into tor onion networks or whatever but most people that will be way too shady i dont expect significant consequences for sv vcs who made big profits from crypto and actually backed celsius and the like, yeah
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Sep 23, 2022 11:58
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gschmidl posted:Tangentially related to bitcoin, I found maybe the first seasteader? beats the sealand guy by a couple of years.
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Sep 23, 2022 13:16
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I Greyhound posted:Oh man, there are some great things happening today. 
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Sep 23, 2022 13:22
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gschmidl posted:Tangentially related to bitcoin, I found maybe the first seasteader? have you never heard of Sealand? anyway, some giant mining company just filed for bankruptcy https://twitter.com/web3isgreat/status/1573063816375672837 https://www.coindesk.com/business/2022/09/22/crypto-mining-data-center-provider-compute-north-files-for-bankruptcy-protection/
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Sep 23, 2022 15:05
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HappyHippo posted:have you never heard of Sealand? they're compute south now
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Sep 23, 2022 15:06
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they provide custom-built mining facilities in carefully selected and well-built facilities those custom-built mining facilities are shipping containers with wires run out to them, and the carefully-selected and well-built facilities are flat patches of dirt to dump the shipping containers on
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Sep 23, 2022 15:44
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compared to the days of gpus in milk crates, miners that consist mostly of cardboard and powerbars and general fire hazards, and throwing liquid nitrogen at computers, this is absolutely a massive improvement
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Sep 23, 2022 15:48
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FAUXTON posted:they're compute south now more like Compute Nope
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Sep 23, 2022 15:48
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HappyHippo posted:have you never heard of Sealand? That was 3 years later.
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Sep 23, 2022 16:07
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lol helium https://twitter.com/sarahnemerson/status/1573325581613207554 https://twitter.com/sarahnemerson/status/1573326760917479425 https://twitter.com/sarahnemerson/status/1573327850039832577 of course Napster boy is a founder
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Sep 23, 2022 16:22
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I feel like it's bad for mining that the shovel makers are also starting to fold
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Sep 23, 2022 16:25
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Chris Knight posted:lol helium https://www.youtube.com/watch?v=LDhU295bUv4
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Sep 23, 2022 16:27
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canada's conservative party picked their leader recently, one of his big proposals was to use bitcoin as an inflation hedgequote:April was the first full month that Poilievre’s fans could have followed his example to opt out of inflation with bitcoin. August was the most recent month covered by a Consumer Price Index (CPI) report. The number of Bitcoins needed to pay for shawarmas and the other goods and services covered in the CPI jumped by 84 per cent in the four months from April to August, while prices measured in Canadian dollars rose just 1.9 per cent.
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Sep 23, 2022 16:32
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i doubt the typical tory voter is going to let that stop them though
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Sep 23, 2022 16:50
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Chris Knight posted:lol helium does literally anything use the helium network besides other helium nodes doing mining cuz for all its touted "real-world usefulness" it seems to be solving a problem that doesn't exist e: "Just $1500 for the month of August." yeah ok so the answer is no, nothing actually uses it
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Sep 23, 2022 17:03
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$1500 revenue from $1.2B in capital? drat, marx wasn't loving kidding about the rate of profit going down over time
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Sep 23, 2022 17:08
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Deep Dish Fuckfest posted:$1500 revenue from $1.2B in capital? drat, marx wasn't loving kidding about the rate of profit going down over time https://www.youtube.com/watch?v=BzAdXyPYKQo
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Sep 23, 2022 18:41
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I say give it another year! we havent seen everything it can do yet! https://twitter.com/NauticaNinja/status/1573353597999480835
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Sep 23, 2022 18:46
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SHNT
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Sep 23, 2022 18:53
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why aren't you considering the rewards for the thing that doesn't even have a value yet and that only even created its twitter account like 3 days ago??
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Sep 23, 2022 18:57
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the press release is pretty confusing too https://www.webwire.com/ViewPressRel.asp?aId=294475 quote:Nova Labs executes an exclusive 5-year agreement with T-Mobile. Nova Labs plans to launch beta Helium Mobile commercial service in 1Q2023 with an opt-in subscriber opportunity to earn MOBILE token rewards so like, the "helium 5G network" which isn't a thing afaik needs to partner with t-mobile so it can use t-mobile's actual 5G network, for... what... inspiring and rewarding custome i guess?
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Sep 23, 2022 19:01
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Shame Boy posted:does literally anything use the helium network besides other helium nodes doing mining https://www.helium.com/lorawan lorawan as a public network you connect to really hasn’t taken off. the economics require an absolute explosion of IoT sensors however at this point the average lorawan implementation is say an oil company deploying a single gateway overlooking a valley reading hundreds of tank level sensors. helium claims the average cost for using the network is $1/sensor/year, so that would imply that there are 18,000 devices on their network worldwide. the things network has 20,000 gateways
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Sep 23, 2022 19:03
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Shame Boy posted:the press release is pretty confusing too we'll pay you to use another group's service through us!
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Sep 23, 2022 19:05
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though like all things described as "partnerships" the actual terms are just "they paid us a lot of money to buy wholesale use of our 5G network and we said yes of course we will take your money"quote:“We believe Helium Mobile is pursuing a very nascent and exciting market segment,” said Dan Thygesen, Senior Vice President of T-Mobile Wholesale and head of T-Mobile’s growing wholesale business. “T-Mobile is excited to support Nova Labs’ innovation in this new crypto-powered space by enabling their mobility on the nation’s largest, fastest, and most reliable nationwide 5G network.” also how do you get your free money and fantastic savings? by constantly sharing your location data publicly of course! quote:Through the Nova Labs service, Helium Mobile subscribers can opt-in to earn MOBILE token rewards for sharing data about coverage quality and helping identify Helium dead spot locations nationwide and save money on cellular data plans. While Helium Mobile is centered in a bring your own device (BYOD) market, Nova Labs is partnering with select cell phone manufacturers on specialized, crypto-friendly cell phone devices that will be more efficient at validating network coverage, earning more MOBILE token rewards for their users when compared to generic, BYOD phones. great!
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Sep 23, 2022 19:05
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hobbesmaster posted:https://www.helium.com/lorawan yeah i know what lorawan is, i was more wondering if anyone actually used it the way they want them to use it, and it sounds like the answer is "no"
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Sep 23, 2022 19:06
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Shame Boy posted:the press release is pretty confusing too so this just means 'after blowing 1.2 billion (half of it on ourselves, but still), we still don't have a network worth calling it that, so here's t-mobile instead, I guess'
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Sep 23, 2022 19:06
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it's almost like this technology designed for IoT sensors to report a few kb of data at a time is wholly unsuitable for doing the kinds of things phones do like make calls or handle legally-touchy 911 service or stream videos
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Sep 23, 2022 19:10
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blockchain solves this.
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Sep 23, 2022 19:13
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Shame Boy posted:it's almost like this technology designed for IoT sensors to report a few kb of data at a time is wholly unsuitable for doing the kinds of things phones do like make calls or handle legally-touchy 911 service or stream videos there’s several IoT (formerly m2m) centric MVNOs such as kore. it looks like twilio hasn’t given up on it yet either. catm and nbiot are technically 5G and are data only.
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Sep 23, 2022 19:47
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Shame Boy posted:i really like the argument of "when the fed comes, we're going to structure everything so they come after you instead of us! please use our service!" just on its own too Finance .... But the cloud!
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Sep 23, 2022 20:35
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FINANCE BUTT CLOUD
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Sep 23, 2022 20:37
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Boxturret posted:FINANCE BUTT CLOUD 
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Sep 23, 2022 21:13
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Juul-Whip posted:I say give it another year! we havent seen everything it can do yet! wow they've broken the one friedman unit barrier and leapt straight to a whole 2FU 
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Sep 23, 2022 21:53
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Boxturret posted:FINANCE BUTT CLOUD ＦＩＮＡＮＣＥ ＢＵＴＴ ＣＬＯＵＤ
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Sep 23, 2022 21:55
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Europe voice:Boxturret posted:FINANCE BUTT CLOUD
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Sep 23, 2022 21:57
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| # ? Apr 26, 2024 11:16 |
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Grace Baiting posted:ＦＩＮＡＮＣＥ This, but in a high-pitched voice.
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