Like I said, privileged people who don’t think that bitcoin is useful.
Together we can build something that was lost to company execs, shareholders and modern capitalism.
Like I said, privileged people who don’t think that bitcoin is useful.
It’s not surprising tbh. Most millionaires like Linus or tech people in general have so much money that the problems of the financial system don’t impact their lives.
Torvalds also dismissed the idea of technological singularity as a bedtime story for children, saying continuous exponential growth does not make sense.
Continuous exponential growth is actually something our financial system was DESIGNED FOR. It it makes no sense our inflationary money makes no sense.
worked fine for millennia without inflationary money
That means until the early 1900s or 1970s when inflation went into overdrive.
our current population boom
Huh what?
deflationary economies are terrible for everyone
That’s a myth spread by modern monetary theorists because they only understand the economy from an inflationary perspective. Economies worked fine for millennia without inflationary money.
I’d love to see any evidence or logical arguments that an inflationary economy is worse than a deflationary one.
Don’t you understand that artificially induced unlimited growth is bad? It’s not about inflation or deflation, but the outcome.
https://www.ecb.europa.eu/mopo/strategy/pricestab/html/index.en.html
The main task of the ECB is to maintain price stability. The ECB’s Governing Council considers that price stability is best maintained by aiming for 2% over the medium term. Price stability creates conditions for more stable economic growth
Crypto is literally just machines wasting energy on purpose to create false scarcity
A monetary system that is designed to lead to eternal, cancerous growth through intentionally inflating the money supply is far worse.
Btc was distrubuted as fairly as anything else
Ever heard of ethereum premining? Or which programmable shitcoin are you talking about?
it’s not as stable as since we have stablecoins
Ouch, fiat thinking. Bitcoin has a stable issuance schedule (changed over and over in eth for example), that’s what I’m talking about.
scarcity means nothing
Like I said, you don’t understand money or economics. Aristotle already knew that money has to be scarce.
it’s decentralised as much as anything else
I guess your dear leader Vitalik doesn’t exist. Or, again, which shitcoin?
Today all what btc does is pollute.
Haha, at least now I know you’re a proof of stake shitcoiner. Probably eth. Proof of work solved a problem proof of stake doesn’t: trustlessness.
You can’t do anything with it.
You know which currency you can do by far the most with? The USD. Are you bullish on that?
This is how tech people often think because they don’t understand economics and the value bitcoin provides. Bitcoin was distributed fairly, is stable, is scarce, and most importantly, is decentralized. Probably all “programmable” shitcoins have zero of those properties and the market reflects that.
As a bitcoiner I couldn’t agree more, please don’t make another cryptocurrency.
Hell, o can’t even order torrents that are currently running by size or % done
Sure you can, click the gear icon and do it. Not hard.
Also, I don’t think it’s actively developed anymore
fud fud fud https://github.com/transmission/transmission/releases/tag/4.0.0
Dunno, I host all my personal services at home. I do have VPS for public services, websites etc. If you host at home you still pay for power, hardware etc. That being said, you most likely want local storage which needs some cpu power anyway, so you can certainly host some services at home. In the end it’s a matter of personal preference mostly.
What do you mean, buy a VPS, you rent them as they are virtual. Do you mean a co-located dedicated server? And what is “self hosting” to you?
Dunno, I stopped caring about reddit.
I’m simply always away. It’s less misleading than being randomly away because I do actual work and am not glued to the computer.