moistrobot

if that's your goal, then we should be investing in nuclear energy

and putting more pressure on countries like China and India

Not really, it's secured by Proof of Violence/Imprisonment in partnership with the country's government. And the government spends a lot more energy doing that than bitcoin does

HN people feel the most normal to me of any online group.

All other social media sites feel extremely progressive with no room for nuance.

Splitting your customer base on a political decision is an interesting business choice.

I won't be doing business with Namecheap in the future

What misinformation has he spread?

All I see is an expert in a field, who I can't tell if they are right or not, disagreeing with other experts in the same field, who I also can't tell if they are right or not.

Now i'm just imagining flight crew yeeting unmasked people off of planes in mid-air

*with COVID average number of co-morbidities: 4.5 what really killed them?

if it's the same shot as the originals, which is my understanding, then it's reasonable to assume a similar expiry

I wish I could. If I knew how, I would be implementing this as fast as humanly possible. The first person to fix this problem will make $1 billion, easy

> Even within crypto/defi, it's still people making the decisions. People wrote the algorithms. The only advantage I see there is that, in theory, you should be able to see what rules are encoded in that algorithm, so it's slightly more transparent in that sense.

Agreed. People still create the system, but they have zero to little sway in each individual transaction. So, the system can be biased, but with increased transparency, that should become apparent.

> On the negative side, though, there's essentially no rule of law to prevent the people making the decisions in DeFi from doing things that are bad/illegal/invalid.

Very true, there's a lot of scamming going on. It's still very bleeding edge and not ready for mainstream adoption.

> In the regulated finance world, these sorts of restrictions would be disallowed by the rule of law. You can sue them if they try to enforce those rules, and depending on your jurisdiction, you may win and indeed win damages. What's the equivalent in DeFi? Who do I sue? What court do I ask for relief?

At least in the US, this is not the case for payment processors. Banks may be under more strict regulation. Visa/Mastercard can revoke the ability for anyone to process transactions on their network, even if the activity is completely legal. E.G. OnlyFans/Pornhub recently.

I think that's a totally valid opinion.

The advantage to people is that they can more flexible.

The disadvantage to people is that they can be more irrational.

Totally agree, as long as the reasons the banks have are valid.

The problem is that that decision is made by people. Standards of conduct are not universal. What if political affiliation or COVID vaccination status affects your ability to transact with a bank, even though those things have nothing to do with buying or selling real estate

I'm glad it went well for you :)

All of those guarantees are under threat of legal punishment enforced through court systems.

All of those guarantees are given to you based on good standing with various institutions. The bank, the intermediary, the seller.

If you were a person who was not in good standing with a bank, but you still had the money, could you have completed the transaction?

Technology has a trend of destroying middleman industries, as they don't provide value and take a portion of the proceeds for themselves.

DeFi, in this case, is targeting the financial institutions because we now have technological means to replace banks and lenders. Does that mean this process is smooth? or ready for mass adoption? Not necessarily, but the destruction of banks by technology is inevitable. It's just a matter of when

Code doesn't actively resist your attempts to improve it. Our broken institutions are fighting to protect their kingdom