This was fascinating, thanks for posting.
gerikson
joined 1 year ago
Whoever wins, we lose, but seeing CSW humiliated is worth it to me.
I'm kinda interested in that the paper refers to the accused as "a Victorian man" and not "a Victoria man". Raises time-traveling issues were a person from Victorian times settle in Australian Victoria.
Impressive commitment to the bit.
Fair warning, I'm not a Yank and am culturally Lutheran (but personally areligious), so take this editorializing with a pinch of salt, but it does seem like performative tradcath is a facet of weird online culture
https://gerikson.com/m/2022/08/index.html#2022-08-10_wednesday
Also agree re: SovCits and other subcultures, these people can really hurt their family and that's not cool.
I'm low-key fascinated by Luke-Jr's craziness, but it's kinda sad because apparently he has multiple kids.
- he opposed "big blockers" (the proposal to increase the Bitcoin block size beyond 1MB) because he lives in rural Florida and has bad bandwidth. (The big blockers subsequently created "Bitcoin Cash", tried to get it the ticket BCC, but did not succeed because that was used by scamcoin Bitcoin Connect. They also missed registering /r/BCH, which was instantly squatted on by anti-Bitcoin Cash people)
- in the beginning of Covid he washed all fresh produce in bleach
- he proposed Tonal as Bitcoin nomenclature: https://en.bitcoin.it/wiki/Tonal_Bitcoin (1 bitcoin-bong, anyone?)
- he lost a lot of coins in a scam in early 2023: https://gerikson.com/m/2023/01/index.html#2023-01-02_monday_01
Since BTC went mainstream these people just don't have as much impact anymore.
Funnily enough, a big cheese in the early Bitcoin era is noted crazy person Luke-Jr, who released his own fork of a client that censored SatoshiDice because he is a sedevacantist Catholic who hates gambling.
"If inflation is bad, deflation must be good" was a notion I had when I was like 12, my dad (an economist) swiftly disabused me of that notion.
I think there's a (deliberate?) confusion about the interwar years. People know 2 things:
- the Great Depression
- hyperinflation in Wiemar Germany
They think those are connected (they are, kinda) and think that inflation caused the great Depression, when in fact it was characterized by deflation.
Back in the early days of Bitcoin there was this weird Mellon-esque view that debt==bad and that a deflationary economy would encourage savings. This is one of the many ways that Austrian economics is childish and shallow.
Another thing I've had thought about - if the gold standard is so superior, why doesn't a country base its currency on it and outcompete everyone else? If you ask that you'll inevitably get conspiracy theories about how (((they))) won'd allow it.
Correct, the difficulty (official term) adjusts every ~14 days so that the average time between blocks remains 10 minutes or so. But the rewards of each block is constant within each halving period. So you can outcompete other miners by purchasing better hardware, or getting cheaper power, but it's a slow grinding process.
The halvening instantly halves the block reward, so everything is twice as expensive per bitcoin. If your margins are thin now, they're even thinner after the halvening.
Here's a chart of the difficulty over time (no endorsement of blockchain.com, this is public info):
Looks like A16Z and Dixon tried some purchase-stuffing shenanigans to get this turd on the NYT bestseller list
https://protos.com/op-ed-how-a16z-gamed-the-nyt-best-seller-list/
And the NFT tie-in has fallen flat
https://protos.com/chris-dixon-offers-nft-with-his-bestseller-264-of-5000-have-been-claimed/
(Protos is a pro-coin outlet but in my opinion one of the better ones)
What I love about American evangelical Christianity is that a small-time thief can find God in prison, remake himself as a pastor, steal even more money, and no doubt be able to do so again by claiming he has seen the error of his ways and realized it was bad.
(I don't want to imply that "once a thief, always a thief", and that personal redemption is impossible. Just that maybe don't give this guy a second chance after the first).
Welcome to Crime 101!
We want to do something illegal, but the Man has their eyes on us. What do?
Answer: convince someone else with similar goals as you to do the criming, and reap the benefits!