The amount of crypto you can theoretically mine is independent of your hashrate and only dependent on the block reward plus transaction fees… and these are minuscule compared to what a state needs.
In practice, if an actor held even slightly more than 50% hashrate, trading with him would be a major risk. Which means that’s about the upper limit of what you can actually mine.
Because for those states and companies, crypto is a toy and not real money. Also not having a bank means your transactions are always final (nobody is putting up with multisig).
Crypto has been great for buying drugs via darknet and taking money from investors for partnerships that don’t exist or make sense. Been using it myself actually. Also facilitates gambling, either via crypto casinos or directly against its price. Outside of that, traditional banking wins.
It’s also questionable whether a state could acquire so much crypto quietly at this point. Most big holders are either very publicly about it, like Argentina, or confiscated it from illegitimate sources (like when Germany raided a darknet market operator).
The value of cryptocurrency is usually tied to the price. The price is determined at exchanges. Russia however can’t use foreign exchanges as the accounts there normally require identification (some offer pseudonymous crypto to crypto swaps) as the exchanges don’t accept Russians, and if you want to convert crypto to a currency, you need a bank account calling in that currency, which is not happening. If the exchanges even transferred money to those as they’d lose their license.
The value of cryptocurrency is much less than what you see on CMC etc. if you can’t actually convert it to those currencies. Which is the main issue.
Add to this that most crypto currencies can be traced and having transacted with known Russian problematic accounts - even via proxies - taints your wallet, making it hard to impossible to buy and sell on exchanges later down the line.
The mark of good satire
Thanks for posting peertube content, it’s time people stop using YouTube
Which means you can sell support in addition to the service itself. Mission accomplished!
librewolf
Downstream of Firefox that relies on Firefox being developed by Mozilla
brave
Sketchy downstream of Google Chromium
mullvad browser
Downstream of Tor Browser which in turn is downstream of Firefox that relies on Firefox being developed by Mozilla
“YouTube delenda est”
Here, smoking with 16 was legal until I turned 20 or so. My smoking friends started before that age, so 14 or 15. This was in Germany until the mid-2000s.
It wasn’t very common among my peers, but did happen.
Some extensions won’t matter in the slightest, especially concerning controllers that use the instruction set. For the vendors selling general purpose CPUs, we’ll see how it shakes out. It’s in their interest to retain compatibility, so I suppose it’ll be similar to how it’s handled for Vulkan: vendors having their own extensions that at one point get merged into a common de facto standard for general purpose computing or something.
The same was true for x86, Intel had SSE and AMD had 3DNow, programs just provided different codepaths per available feature (this is where Intel pulled some dirty tricks with their ICC). It’s not that big of a problem.
VIA also built x86 CPUs for some time, they have a license as well; the issue with modern x86_64 is though that basically, you need licenses from both AMD and Intel. They do have a cross-license agreement, but there’s no single point of contact for all licenses for a modern x86 CPU.
Gentoo, while source-based and having an interesting approach with USE flags, does not come with NixOS’ strengths.
I’d even say that Gentoo’s packaging might be better in some aspects than that of nixpkgs, which does feature options that you can change via overrides but generally isn’t as modular as Gentoo’s system. But the mistake a lot of people – and I’d say you as well – make is that they look at the wrong parts for comparison, and don’t understand what makes NixOS so powerful. It’s not the sheer amount of packages or how they’re built, but rather the module system, the declarative nature and the option for rollbacks at the “package manager” level. Yes, these features come with increased complexity. However, I recommend not to look into what people have published in GitHub as their configurations, as these are rather general and as such more complicated than one needs for casual use.
No longer using Arch, but I can tell you what I liked about it:
I’ve been recently thinking the same thing and was wondering why no one seemed to talk about it. I think, while the gaming market is very important to Microsoft with regards to PCs, it basically has no leverage. Gamers won’t switch anyways, Windows is ubiquitous and studios are just committed to what means minimal support at maximum profit, so they target Windows. Apart from Valve, no publisher or studio has any credibility when threatening to move to another platform, and Valve won’t do it because they’re basically a store that develops a game from time to time. So MS can do whatever they want and anything gaming related will swallow it anyways.
With that in mind, I do hope that MS removes the privileged interfaces and all kernel level anticheat dies with it. Studios will cry, but that’s all they’ll do, and in fact, they wouldn’t even have any option at that point; there’s no alternative offering anything similar. Even Apple doesn’t offer privileged access to 3rd party developers, which is why for example while mandatory for Windows gamers, Riot’s games can be played without any kernel level anticheat on Mac.
Good choices
One of the few times I think where this is not only correct, but also most accurate
Ah, good find, I just skimmed Ark and didn’t see anything before Q1 '10.
i7 just marked their top of the line consumer products until they introduced the i9 in 2017. First models were introduced 2008, but I think the mobile versions came in 2010.
So yeah 15 years is pretty close.
The goal of a banking system is to move money (possibly a lot) quickly, without physical exchange, for the maximum number of goods and services. States also want to control a currency for their fiscal policy, and they want to be able to go into debt.
Established crypto fails the maximum number, fiscal policy and debt criteria. As soon as you introduce mandatory physical exchange via previous metals, what remains?
And yes; Monero theoretically has an infinite amount of coins. However, it has reached tail emission since about two years, meaning the block reward is 0.6XMR every two minutes, which currently equates to about $65.000 per day. However, mining requires CPUs, which would need to be acquired first.
All in all, the current numbers don’t make it a feasible solution.