Recent submissions

Comment · 5 years ago
Yeah. On top of that the article is a bit misleading as the goal of crypto, gold, etc is not to become rich, but not to become poorer due to inflation.
Comment · 5 years ago
There of course is - you don't write a perfectly useless kernel patch - you ain't coolandfun andthatsit.
Comment · 5 years ago
I think that those "Let's make our own DE" dumb kids are both a symptom and a cause why Linux never broke on the mainstream workstation market.

Truth is that a shite miserable 25 year old xfce could be customised in a way good enough to compete with OS X. Why waste all the time on such a massive amount of extremely useless work? Just because it is fun?

And yeah, you can downvote this into oblivion, I don't care. The fact is that 80% of the comments on this thread are making fun of the very same retards for the very same reasons.

Comment · 5 years ago
After a decade and a third of QE, 11 bil is not really serious money. These days the unit of power on the capital markets is a trillion.
Comment · 5 years ago
Comment · 5 years ago
It is not an attack since by current market conditions there wouldn't be the need for an attack. The owners of the mining pools are not stupid and BTC is not an anonymous (and FREEEEEE whatever this means) currency these days. I hope we can agree on at least this fact.
Comment · 5 years ago
I have never in my life been to SV - I live in Prague. $1mil is 25 million Czech Crowns. A nice 7-series (slower than model 3, but much more comfortable - this is what I care about) is ~4 million. You have 21 left. You buy this flat (https://www.bezrealitky.cz/nemovitosti-byty-domy/649275-nabi..., I won't mention the 3% property-transfer tax out of politeness...) and you're broke. If you're the saving/money-wise type this is your nightmare.

So, you don't quite need to live in SanFran in order to not consider $1,000,000 serious money.

Yes, I could go back to my home town of Sofia, but even there 1 mil won't take me too far (certainly not make me an all-mighty mogul, this is 100x times of capital volume away. and if we're talking about buying journos and influecing public opinion, then - 1000x of capital volume). And to be honest I envy people in urban areas such as Austin (ČR is rated ~150th in the world (between Zimbabwe and Botswana) on granting construction permits) for having a real supply-demand based housing market, where you are not getting brutally punished for wanting to raise a family.

And yes, I currently live off rent, take only gigs I consider meaningful (currently hoping to get in Fidelity IT), but drive an 8-year old 530xi and live in a rented 3-bedroom flat as I expect my BTC to grow in value quicker than real estate (as has been the case in the past 8 years). This is the frugal lifestyle I mean.

P.S. Anyway - cheers: https://www.youtube.com/watch?v=RJbgNvP47-0

Comment · 5 years ago
A lot of the people I know who were an-cap 10 years ago are millionaires today. At least from my circle. The problem is that the money-printing people are billionaires and it is a game you simply cannot win. And frankly, these days being a millionaire is not as fancy as it sounds - you can barely get a nice 7-series + a bit above average flat and living off investments/rent would require a very frugal lifestyle.
Comment · 5 years ago
Sure, here is a great article by Juraj Bednar (close the slushpool people): https://juraj.bednar.io/en/blog-en/2020/11/12/how-could-regu...

BTW Juraj is a great source on anything crypto-related. And from what I now there has been no resistance from the pools so far (at least the EU/US-based ones, though in China it is probably even more difficult.)

Comment · 5 years ago
Sure, here is a great article by Juraj Bednar (close the slushpool people): https://juraj.bednar.io/en/blog-en/2020/11/12/how-could-regu...

BTW Juraj is a great source on anything crypto-related. And from what I now there has been no resistance from the pools so far (at least the EU/US-based ones, though in Chine it is probably even more difficult.)

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