It’s actually a centrally planned economy.
Together we can build something that was lost to company execs, shareholders and modern capitalism.
It’s actually a centrally planned economy.
Btc was distrubuted as fairly as anything else
Ever heard of ethereum premining? Or which programmable shitcoin are you talking about?
it’s not as stable as since we have stablecoins
Ouch, fiat thinking. Bitcoin has a stable issuance schedule (changed over and over in eth for example), that’s what I’m talking about.
scarcity means nothing
Like I said, you don’t understand money or economics. Aristotle already knew that money has to be scarce.
it’s decentralised as much as anything else
I guess your dear leader Vitalik doesn’t exist. Or, again, which shitcoin?
Today all what btc does is pollute.
Haha, at least now I know you’re a proof of stake shitcoiner. Probably eth. Proof of work solved a problem proof of stake doesn’t: trustlessness.
You can’t do anything with it.
You know which currency you can do by far the most with? The USD. Are you bullish on that?
This is how tech people often think because they don’t understand economics and the value bitcoin provides. Bitcoin was distributed fairly, is stable, is scarce, and most importantly, is decentralized. Probably all “programmable” shitcoins have zero of those properties and the market reflects that.
As a bitcoiner I couldn’t agree more, please don’t make another cryptocurrency.
Wait until you hear about cash! We should outlaw that immediately.
Sounds like a sensible proposal, by domain or by tld.
Are you one of the people who thinks what you don’t know doesn’t exist? How did you manage to find lemmy if you can’t use a search engine?
If you think “crypto” people came up with this I have bad news for you, spamming is as old as the internet, and adding ads to repos is not new. Btw, “cryptobro” is a sexist term that excludes women.
Right, surely the energy intensive AIs will make the world invest in climate-friendly energy instead of just burning more fossil fuels as they always did.
You linked to the article but didn’t read this part?
In 2021, Altman personally provided $375 million to private U.S. nuclear fusion company Helion Energy, which since has signed a deal to provide energy to Microsoft (MSFT.O), opens new tab in future years. Microsoft is OpenAI’s biggest financial backer and provides it computing resources for AI. Altman said he wished the world would embrace nuclear fission as an energy source as well.
Yeah, nothing about fossil fuels.
The banks don’t get to just magically conjure up as much money as that want. It is backed by actual money/assets
Haha, dream on.
Can an idling car save people’s wealth from hyperinflation?
If you spend 35 years to accumulate money and never earn interest on it, yeah, if somebody is that stupid, your comment is correct. That’s nothing I ever claimed though, I assume people who save aren’t total dunces.
All you ever said what not everybody can do what I said some can do. I already knew that.
I’m so glad you finally made a minimal effort to understand what I wrote! Congrats!
you never really give an intelligent response beyond this
You obviously don’t read what I write. Compound interest, go look it up.
Lol, knowing what some people can do is privilege? That’s some khmer rouge level ideology, you’re delusional. Also I’ve lived long enough in abject poverty that I think you should fuck off.
The math in my first reply showed you were wrong, that “saving a few hundred” wasn’t enough.
You can’t even do basic math, https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator, but thanks for playing.
Same here, have been trying wayland for more than a decade…