What if taxes were completely voluntary, but the amount you decided to pay was public? Would peer pressure and the desire not to look like a selfish jerk be enough to fund a government?
I found
@CryptoKitties
the most interesting cryptocurrency-related project of 2018.
@PoolTogether_
the most interesting of 2019.
I dunno what I will find interesting in 2020, but it will probably be built on Ethereum.
If people thought I had a lot of crypto-assets I’d be very tempted to publicly state I sold them all, whether I did or not.
P.S. : I sold all of my crypto-assets.
Just heard from another merchant adding BCH.
I think we’ll see a wave of “dropping BTC, customer support costs too high” within six months.
I might be wrong. And even if I’m right it might have negligible effect on short term BTC/BCH prices.
Right now, there are over 1MB of BTC transactions paying a fee of more than 1,000 satoshis/byte waiting for confirmation. So next-block-or-two confirmation for a median-size transaction will cost you about $38.
They decided they had enough information about me, case closed. But I still don’t know why they wanted bank statements (I know “kyc” but do they really need to know three months of details in my personal banking activity?)
The world would be a better place if people let go of their egos and stopped worrying about who came up with an idea first.
Academics, I’m looking at you....
I think everybody should feel OK about spending a little money on stupid shit. But if you have lots and you’re not using most of it to try to make the world better you should feel ashamed.
“We broke the attack-net and discovered a 9-year-old bug in the Go standard library” is a very positive sign.
As is the stream of updates showing consistent forward progress; kudos to everybody working on eth2.
The latest What's New in Eth2 is ready for y'all!
🚀 Medalla testnet
🤓 Cryptography
🤯 Great explainers
🎉 EDCON
And so much more!
All in the usual place:
@gladstein
More plausible: btc was hijacked by a corporation named Blockstream, by hiring key developers and heavily censoring discussions.
But I don’t believe either of those narratives; it is sad the community split into spiteful, warring factions.
Taken together, those technologies will make channel and liquidity management much easier. They'll be automated, fade into the background and user experience will improve drastically.
I hope some Tether person writes up an insider’s description of what is happening behind the scenes right now as the peg fails; I’m sure there are lessons other “stablecoins” can learn.
It is a bad idea to make security-critical software more complex so it is optimized for non-existent hardware.
Actually, it is usually a bad idea to make security-critical software more complex, period.
I think there is a reasonably good chance in five years there are more wrapped-BTC transactions on another chain than main-BTC-chain txs+lightning transactions.
@Bitcoin
Maybe 18 more months. A year or three ago I was ridiculed for predicting it would take until at least 2020 for Lightning to be user-friendly and secure; it is an order of magnitude more complex than Bitcoin.
I donated blood today; yay me!
(I usually avoid bragging, but there is some research that bragging about altruism helps inspires others to be altruistic)
Judge teams creating software by how they handle serious bugs. Are they fixed reasonably quickly? Is the problem communicated clearly? And do they release a public post-mortem reflecting on what went wrong and what will be done better next time?
Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time. Don't put in more money than you can afford to lose. If you're trying to figure out where to store your life savings, traditional assets are still your safest bet.
@eric_lombrozo
Ethereum processes more tx. Has lower fees. And more p2p nodes.
What will it take to convince you more scale means more decentralization?
Many lefties seem to think “you’re a bad person if you have a lot.” Many righties seem to think “you’re a good person if you have a lot.”
I think people should be judged by what they do with what they have.
@adam3us
We should denounce lack of transparency, lying, and breaking promises when we see those things happening. I haven’t been paying close attention, but it seems to me Bitfinex and Tether have not been open and honest stewards of other people’s money.
As facial recognition becomes more ubiquitous it seems likely veils will become fashionable. Maybe celebrities trying to avoid paparazzi drones will be the early adopters.
You must invest 32 ETH ($50,000) to be an ethereum 2.0 validator.
Seems reasonable to me to pay for a beefy machine with a couple terabytes of memory to validate ethereum 1.0.
If your system relies on having “the right people” in charge to function properly then you need to fix your system. Design your systems so bad people will benefit if they do good things.
Mainstream media is still about a week behind, talking about testing when they should be focusing on hospital capacity, social distancing measures and what to do when you get sick.
Website idea: “Should I move it?”
Enter amount of BTC on an exchange, and estimated risk exchange will disappear. Get advice on whether it makes economic sense to move funds off the exchange, based on current tx fees.
If you find yourself working around wonky code written to workaround an issue with some ancient code... it is time to refactor.
The same applies to design; don’t build fragile towers of complexity.
Money laundering is the opposite of tax evasion. The goal of laundering is to have a legitimate-looking stream of income, and a big part of looking legit is paying all the taxes.
Is there a political party somewhere in the world with a platform of making government simpler? Can we convince Marie Kondo to start one? “We must repeal laws unless they spark joy....”
@davecraige
Use Bitcoin Cash: We tested escrowed micropayments out of our multisig wallet. it took about 10 seconds for me to receive the payment proposal, 2 sec to confirm it, waited for the broadcast, it got to
@haydentiff
in a few seconds. Here you can see at least 4 transactions per min
16/ The biggest downside of PoS is that it is more complicated than PoW and less battle-tested. So it will take a few years of experimentation to get this right. But many high-quality PoS projects are about to launch.
@gladstein
segwit without 2mb happened because some big miners decided to go with Luke/Greg/blockstream. Full nodes had very little to do with it; all of the ‘UASF’ talk was just a giant FUD smokescreen, in my humble opinion. But you don’t care what I think...