cyphertruck
Joined 7 years ago
Joined 7 years ago
Let's hope it happens soon... finally.
For two reasons:
1. They pay them. Do you trust “big grocery” will provide you food, or did you start a farm in your yard?
2. If that trust were ever broken, millions of bitcoiners who can easily afford to lose $10 a month can mine them. Despite there being no such censorship happening, these uneconomic miners are already a rapidly growing group. Bitcoiners are acutely aware of the state of the mempool.
Or the entire thing can be done by a stock swap, with whoever diluting themselves however amount is necessary, etc.
Plus, china kept at bay, peace increased, intel's bad management gets to bail out saving face, TSMC gets rewarded for their hard work, Trump gets a win, Intel's employees get better management, and get rich from their stock options winning hugely....
Capitalism is where everyone wins like this.
Even china, because china loses if it goes to war, but china feels it has to go to war.
That means investors who sell are getting the current low market price or a little bit higher--- they will still be down the massive amount.
This is really bailing out current management-- letting them be replaced by the more capable TSMC people and getting an attaboy for helping the US government strengthen the alliance with Taiwan, keeping peace in the region.
Only the willingness to go to war, stops aggressors. War is terrible and economic competition is the path to peace, but if you can't defend yourself you will get destroyed.
The claim that SpaceX does not do science is false. Not only do they launch most of NASA's science missions, which counts, they also do independent science, including the Polaris Dawn and FRAM 2. Along with Axiom, they put science missions on the ISS, and all the NASA science done on ISS is facilitated by SpaceX putting humans there. Finally, literally everything that SpaceX has done or built is a result of science that SpaceX has had to do, including colder than ever propellants, and life support systems, etc. The Polaris Dawn spacewalk was not a replication of the 1960s spacewalks, as it was based on new suit science, etc.
Somehow, people like to pretend that probes landing on other planets is the only form of science that is done.
And the reality is that new entrants from RKLB, SpaceX, Firefly, and a lot of smaller companies are doing exactly this kind of science as well--- but at vastly lower cost.
The inescapable reality-- and this will always be the case with political organizations like NASA-- is no matter how well meaning they cannot do science as effectively as private organizations. NASA slows science down in large part because they are hamstrung by congress.
Yes, it looks like some way too expensive projects are getting cancelled and that means some waste of money. It's not the choice I would make.
But in the next 10 years, nearly %100 of all science will be done outside of NASA.... because the NASA overhead is too much, makes things too expensive, and less reliable.
For example, it's better to blow up 1 falcon one, and 2 falcon 9s, to get 500 successful falcon 9 launches at 1/100th the cost per kilogram of mass to orbit than to have a completely successful SLS system that launches only 2-3 times a decade.
The former accelerates science, lowers the cost of all science and more science gets done per dollar than the latter.
That transition is happening whether government, the senate and congress is aboard.... or not.
The now much more diverse mining space is much better than completely centralized in one entity current system.
And bitcoin community has a way of working to fix weaknesses wherever they find it... there is active campaigns to diversify mining, as you pointed out those are pools-- and pools are being made obsolete. behind those pools are thousands or tens of thousands of mining operators, of all sizes, as it's viable at industrial as well as individual scale-- many use it to heat their house for less than the alternative, the earnings don't have to cover the full cost to be beneficial to people.
This is a hardware rich, inexpensive program, and they could fly probably 100 missions for the cost of one NASA old style mission.
For instance the V2 design seems to use Raptor 2.5 which is a Raptor 2 variant with Raptor 3 style interface with the ship. So they are testing the ship design to support Raptor 3 before they have Raptor 3.
The engines are really heart of these things and drive the development cadence.
I remember seeing an ad for whose premise was a cheap hotel where "we have every movie ever made on our TVs".
That was one promise of the streaming future... but there was never an understanding that the internet was permanent.
Even during the initial fad of "everyone needs their own homepage" before geocities, most pages were dead or broken or obsolete in a few months.
A large distributed redundant archive of data would be useful... probably with some mechanism where you can donate resources to preserve the data you like without having to support the stuff you don't care about (because resources are finite.)
Like having your own Netflix service.... I found I watched a lot more of my movies that way... than when they were just sitting on my drive.