Recent submissions

Comment · 1 year ago
> for the sake of argument, is there any way to introduce monetary policy into crypto currency so as to correct for unwanted inflation/deflation

yeah and you don't even need to change bitcoin - just use a stablecoin over-collateralized by BTC built on the bticoin network. In essence these systems work with $1 of the stablecoin backed by $N dollars (N > 1.6) of the the backing asset (BTC). Then they use a smart contract system of price oracles, liquidations & interest rate curves to balance supply, demand and risk parameters. It's pretty much an over-collateralized lending protocol that issues its own asset that is pegged to $1

This has worked well for the past 11 years with MakerDAO on Ethereum and it's stablecoin DAI. I think at its peak the DAI stablecoin had around $7 billion in circulation and was about 5-10% the size of USDT, now it's about half that. However, high treasury interest rates and low interest in decentralized stablecoins have made more "traditional" stablecoins like USDT, USDC vastly more profitable and successful. In recent times even DAI has been trying to become more like USDC and USDT with treasuries held in intermediaries

Comment · 1 year ago
BTC ranged between $0.30 and $27 back in 2011 so not quite
Comment · 1 year ago
but is it the weight loss driving all those anti-inflammation benefits
Comment · 1 year ago
frfr?
Comment · 1 year ago
eh, it was fair to say that 8 years ago...

now it's way easier to track public blockchain transaction chains on Bitcoin, Ethereum and the like than it is to track bank transfers across countries

Comment · 1 year ago
Does EOF make this easier / more efficient?
Comment · 1 year ago
is_deleted = True update is in progress
Comment · 1 year ago
4 foot notes?

This guy Pratchetts.

Comment · 1 year ago
They did.

This was a multisig - meaning M out of N signatures from different signing devices were needed to sign a transaction. The attacker infected enough signer devices to go unnoticed and the signers failed to verify what they were signing on air-gapped devices

Comment · 1 year ago
not at all
Comment · 1 year ago
bybit makes $100 million a month and has substantial excess reserves
Comment · 1 year ago
That would have been a somewhat reasonable (although unconvincing) reply if you didn't also write 7 other lengthy comments in this thread that were 3 hours apart
Comment · 1 year ago
I did that last summer, I compared the performance of different english word embedding models, as far as I remember the best ones were GloVe and a few knowledge graph word embeddings.

None of them were better than a human at giving hints for 3+ words though

Comment · 1 year ago
May the gods give you everything you ask for

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