That every currency is not accepted everywhere in the world, though every one you listed is pretty commonly accepted by business and as such you absolutely could by things with them in the Eurozone, is not an argument that they are the same as an casino token.

Yes lightning, the network of centralized trusted third party banks that are needed to make bitcoin useable so long as you deposit all the bitcoin you want to use into one of these centralized banks first, at which point they can make bank to bank transfers without having any involvement with the actual bitcoin network at all.

Or you could do basically the same process with an actual Debit card, which does the same thing but can be used in actual stores.

You also need to note that for something posturing itself as a currency, the fact that you either have to wait hours or days for the price per transaction to come down or spend an even more absurd transaction fee on you’re cup of coffee before you can check out is actually a rather fundamental problem.

I’ve rarely heard it suggested as an investment, but it can actually be realisticly used to goods and services outside of itself and as such does have an actual purpose, which is more than can be said for any crypto currency.

I don’t think it’s obvious that a tool for loaning money to businesses would be primarily used for loaning money to businesses trying to solve problems with the tool itself.

I don’t think the internet has really changed all that much when it comes to due diligence. Maybe it’s a little easier to do background checks or find a person’s previous projects, but you still need an trusted third party to audit a company, you still need to be sure who is legally liable for if things go wrong, etc…

Neglecting that a lot of companies don’t actually want every person’s pay, every dime they spend for a luncheon, and every thing R&D buys to be publicly available to their competitors, it’s still not actually much help for verifying and auditing their financials because nearly all fraud already relies on people entering false information to the computer about what the transaction was for or why it was made, not anything that could be verified by the chain.

Um, no. Traditional markets have financial related companies, but you’ll have to show me where you’re getting the idea the finance sector makes up the majority of the traditional market and as such it is no different than the crypto space where finance makes up nearly the entire market.

I also don’t think that the existence of the internet really changed much when it comes to the need for rules for soliciting investment from the public such as providing investors accounting figures and legal accountability. Nor has it changed the fact that cryptocurrencies haven’t changed the process for gaining the investment necessary to start a new bakery or other small business and never will provide a pathway to do so, and as such hasn’t really changed much at all when it comes to providing customers with more access to investment loans outside of more crypto businesses.

A lot of the scandals you listed weren’t done under the current market regulation, but rather directly led to the current market regulation at the behest of the little guys who got screwed over and pressured politicians into passing it, and as such I just don’t see how removing the protections for the little guy is ment to benefit them over the rich.

I mean surely then the rich would be opposed to the crypto and loosening regulations rather than being the ones most heavily pushing and lobbying the government for them?

They banned it after it kept driving up energy prices.

It means that despite being fifteen years old, it still takes more electricity for a single bitcoin transaction than to drive an electric SUV from Florida to California, cost per single transaction has still spiked over 50 USD twice in the last six months, and it remains too prone to wild inflation and deflation for any serious business to actually price anything in.

In other words, it has the same inherent value it always has, none at all.

You realize that the things listed on the NASDAQ actually represent more than just an entery in a database, right? Like the groups listed on there tend to make physical objects and software that does things beyond move things that can be traded for currency around?

You also realize that the NASDAQ, without all the protections and basic rules the public forced it to adopt after vast numbers of little guys got screwed out of all their money, isn’t actually that great of a pitch? At least not to anyone but the far right uber rich libertarians that hold majority control of the crypto space.

We are talking about a technology that is about as old as smartphones, but which has still yet to see any widespread use to solve a problem it did not itself create.

Most people when starting out are, or at least should be, very uneasy about putting money into things with no underlying value or feasible purpose beyond being bought by a greater fool in the future.

As a Fedora user I can confirm that this seems about right.

You worked for Murdoch and being fired for questioning authoritarian laws similar to the ones your boss was lobbying for came as a surprise to you?

This is also how passive RFID tags work, the tag harvests just enough energy from the scanning frequency to boot up a microchip and respond with its ID number.

The hard part is that it would certainly need to go through Congress, and they have a minority in the House and only a technical coalition in the Senate. He can talk, but not much can be done without wining control of the legislature in the next election.

I’m actually kinda amazed that this overview video is only coming out now given the topics Asianometry primarily covers are semiconductors, water infrastructure projects, and economic/corporate histories. I assumed that this topic was the first video to be uploaded to the channel.

You can’t publicly share nudes from your imagination or pass them out to your friends with five minutes work, something you basically definitionallly have to be doing in order to get caught.

Revenge porn is absolutely a serious method of harassment that does routinely end in suicide even for adults, and it is absurd to compare making it so easy that kids can do it to someone they’ve never talked to in minutes to fantasizing about their classmates.

As someone who unfortunately understands the original post, carbon credits could at least theoretically be made useful if they were verified and actually covered the cost of removing carbon from the atmosphere, which is more than can be said of the rest of the post or using web 3 for anything.

So? OpenAI is to my knowledge open about incorporating conversations into future versions of GPT, and you can often get it to replay training data in full, so your effectively publishing your conversations to the open internet anyway. This feels more like saying that my lemmy comments are stored in plain text on my phone than any sort of security violation.

But we could have an average of 684 9/11’s a hour, the actual number of car crashes per hour in the US, driven purely by the piloting skills of the average Amarican driver given command of an aircraft, who wouldn’t want to live in that future?

“A computer can never be held accountable, therefore a computer must never make a management decision.”

Even more importantly when it comes to assessing properly, machine learning, now referred to as AI, has been continuealy shown to not just repeat the biases in its training data, but to significantly exaggerate them.

Given how significantly and explicitly race has been used to determine and guide so much property and neighborhood development in the training data, I do not look forward to seeing a system that is not only more racist than a post war city council choosing where to build new moterways but which is sold and treated as infallible by the humans operating and litigating it.

Given the deaths and disaster created by the Horizon Post Office Scandel, I also very much do not look forward to the widespread adoption of software which is inherently and provablly far less accurate, reliable, and auditable than the Horizon software. At least that could only ruin your life if you were a Postmaster and not just any member of the general public who isn’t rich enough to have your affairs handled by a human.

But hey, on the bright side, if Horizon set UK legal precedent than any person or property agent is fully and unequivocally legally liable for the output of any software they use, after the first few are found guilty for things the procedural text generator they used wrote people might decide its not worth the risk.

They are definitely to simple to represent the entirety of an concepts meaning on their own. Yep, I don’t believe it’s likely that such an incrediblely intricate thing as a nuron, much less the idea of conceptual meaning, can be replicated by a high school math problem. Maybe they could be a part, but your off by about a half a dozen order of magnitude at least from where we are now with love being a matrix with a few hundred numbers in it.