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[-] raktheundead@fedia.io 15 points 1 month ago

King of England, beware!

[-] raktheundead@fedia.io 4 points 1 month ago

Do you hear that? It sounds like the squeak of tank tracks, circa 1968 in Prague. Or maybe 1956 in Budapest.

[-] raktheundead@fedia.io 2 points 3 months ago

The T-90 of air defence systems.

[-] raktheundead@fedia.io 1 points 5 months ago

I think the PRC lacks something in the soft power stakes; they've created some degree of good will outside the West, but they suck at projecting cultural output that doesn't stem from the imperial Chinese era.

[-] raktheundead@fedia.io 3 points 5 months ago

You hang it out the side of the plane when you want to get out and taunt your enemy face-to-face. Well, face-to-face with a separation of a few miles, that is.

[-] raktheundead@fedia.io 6 points 6 months ago

I'm guessing there is also some schadenfreude, at least among some people, at seeing a European country getting colonised by a semi-Asian one.

All this tells me is that Indians' objection to colonisation is that they weren't the ones doing it.

[-] raktheundead@fedia.io -1 points 8 months ago

Shouldn't have stuck that stupid fucking Bitcoin shit inside.

[-] raktheundead@fedia.io 3 points 9 months ago

It absolutely is our war; do you think Russia will stop with Ukraine? Do you think it sets a good precedent to once again allow states to annex territories that aren't legally theirs with impunity?

It is a moral imperative to ensure that Russia can no longer engage an offensive war within our lifetimes.

[-] raktheundead@fedia.io 1 points 9 months ago

Its original purpose was always Gold Standard 2: The Digitalisation for Austrian School-influenced ancap wankers.

[-] raktheundead@fedia.io 1 points 9 months ago

To wit: https://indieweb.social/@web3isgreat/111529277780126306

Nostr Assets has announced that the "inbound capacity of lightning channels" was depleted.

[-] raktheundead@fedia.io 0 points 9 months ago

You're disingenuously ignoring the opportunity cost of having to build additional power plants - resources required not being usable elsewhere; environmental impact of those resources or, especially in the case of hydroelectric power, of building the power plants themselves, since cement has significant carbon dioxide emissions, along with the fact that proof-of-work algorithms have a tendency to expand in a grey-goo style and suck up as many resources as possible.

The former is a reason why energy conservation efforts and regulations have been put in place. The fewer power plants you require to run everything, even if they're renewable energy, the better. Proof-of-work mining threatens that, because when your incentive to mine is more money, that encourages people taking more than their fair share of energy. It also encourages power theft.

Proof-of-work mining doesn't do a thing to solve the issue of green energy, since there's no sort of quality-of-service system in place which bumps cryptocurrency miners down to the bottom of the pile when it comes to prioritising power usage and even if there was, it'd create an arms race between power plant operators and people trying to subvert those controls so that they can use more power for mining, cf. Nvidia's graphics card limiters versus Ethereum miners. You're either naïve or disingenuous if you're expecting cryptocurrency miners to just cede power when there's money on the line if they keep their operations going at top priority.

Furthermore, even if every single watt that Bitcoin requires to mine was generated by 100% clean energy, the network would still be creating nation-state levels of e-waste.

This is just another one of those techno-libertarian pipe dreams about an efficient free market which don't bear fruit in the real world, just like the "why do we need emissions regulations anyway? Surely, the free market will sort that out, brah" bullshit. It's the fallacy of the broken window writ large.

[-] raktheundead@fedia.io 1 points 9 months ago

The Lightning Network can only do the much-vaunted transactions-per-second number that it claims in theory; in practice, the number is a lot lower and even once you get past the onboarding stage takes something in the order of a couple of magnitudes of times the energy cost of a Visa transaction. Even the Lightning Network developers admit that for the LN to work as advertised even in theory, with a given case of two channels a year (naïve, when considering the only way to actually consolidate a LN transaction is to close a channel) for 7 billion people, block sizes on the Bitcoin network would have to be increased to 133 MB.

So this is basically a bunch of chancers selling a Heath Robinson machine built onto another, much worse Heath Robinson machine with no practical way to scale to the numbers they want.

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raktheundead

joined 1 year ago