tjwebbnorfolk

yea, until privacy.com gets hacked

useful idiots in the US who buy crypto because "it's the future"

or just use regular money.

pros: can already be used to buy all things, and doesn't set the earth on fire in order to verify transactions

cons: cannot be used to buy live grenades and CSAM

this isn't crypto, it's US dollars with a techno-wizard sheen on the top for no reason

nothing about crypto is decentralized. it's verified by enormous mining farms, who contribute hashes to centralized pools, all stored on one central ledger, and interfaces with the fiat/legit financial system only by using that very financial system.

oh, and three acounts hold like 25% of all btc in circulation.

crypto can do some things, but decentralization isn't one of them. just ask Coinbase

USD tether is barely crypto at all, it's a wrapper around treasury bonds which the US govt. regulates

I worked at Google up until 2 months ago. In my exit survey, the #1 reason I left: "Bureaucracy"

huh?

bigger number = more megahertz

Well there are risks to being part of a crowd that's all compelled to make the same decision at the same time. Certain risks can only be transferred, not reduced in absolute terms.

It's not economical today to run my own hardware, but the insurance is worth it to me in the sense that if my bet is wrong, I'm still okay with paying extra for the protection.

ok comrade

The bet we (self-hosters) are making is that once these companies IPO, they will be forced to do whatever they have to do to make money. i.e. price increases, more throttling of subscription non-usage-based accoutns, etc.

They are subsidizing all of us to the tune of $billions in losses per month. That can't go on for a decade. Probably not even for another 18 months.

I still use all the tokens Claude will give me on the max plan. But I also run deepseek v4 locally for overflow and for... contingencies.

Yes.

yea but I thought they had a massive compute shortage. Something doesn't add up. Imagine there being a beef shortage and the beef producers cut prices because "competition". why?

Right, but also shouldn't it be showing up in rationing as well? i.e. why am I not in a 4-hour-long queue waiting for Claude to respond?