AureliusMA

It provides information that's not accurate.

The authorities heavily regulate penny stocks since Boiler rooms.

There is no value generation in trading stocks either beyond IPO, as stocks are then simply second-hand markets and can be completely irrational. The main value is just like the lottery : entertainment, excitment.

The only winners are the market makers and the ones initiating insider trading. You'll always be on the wrong is of the liquidity when trying to ride alongside scammers.

This is like saying that "Supersize me" is free publicity for MacDonalds.

The betting contract depended on the Oracle's data for resolution. The Oracle's data was altered. The betting contract wasn't altered, however the social contract was.

Running computer power costs a lot more than thin air.

It's very usable. It's just not the PoS some expected.

Don't forget about the pineapple fund : https://en.wikipedia.org/wiki/Pineapple_Fund

Also wall street never considered it seriously until a few years ago.

We are very far from 2140, the year the last bitcoin will be mined. 15 years is nothing, this is a very long term paradigm shift.

You would be surprised at how efficient cryptocurrency mining is compared to other ways of storing value. And most improvements happen to reduce the overall cost of securing value (PoS, PoST, etc)

Agreed with your explanation.

I would add a different way to make sense of it.

Proof of work allows for what Keynes called "Bancor". BTC is succesful because unlike fiat central banks, the money supply isn't dictated by interest rates (and thus loans) but by the effort of participants. The price of BTC is almost irrelevant, BTC itself is a paradigm shift.

Regarding the fixed supply, it's only fixed because participants agree to the consensus algorithm that fixes it. Many cryptocurrencies have different tokenomics, such as ETH's rules under PoS. BTC miners could vote onchain for a hard fork to change the 21M cap - or another solution.

Bitcoin Cash's value begs to differ.

Lyn Alden is great. Andreas Antonopoulos is also a great educator.

Fiat money is proof of stake, except the failure mode is economic collapse or military collapse.

There are mechanism in place to prevent attacks, that require more than 51% control of staked ETH. The team behind ETH probably stayed on PoW for a long time to build the market cap such as to make attacks unlikely by the sheer amount of capital required.

There was a proposal on Ethereum that didn't succeed (progpow) since they were already in the late stage of transitionning to PoS. Ethereum did quite a good job at keeping asic advantage moderate (the speedup was 100% max - not orders of magnitude). RandomX is basically progpow that succeeded. You might be interested in Chia's Proof of Space and Time... and how it collapsed!

Don't forget to ask for consent about being in the same room, before getting in the same room!

OP doesn't strike me as judgmental so probably a typo.

Not all bars have the same "type" of people. Also if you're looking for camaraderie or friendship, it's a pretty good place to have talks of all kind - the silly ones are the best!

I remember when a large context was 8k! Nowadays that would seem extremely small, because we have new use-cases that require much larger context sizes. Maybe in the future, we will invent ways to use inference on very large contexts that we cannot even imagine today.

How large would a 1 billion token kv even be ?!

Yup.

This is such a blow for MacRumors... I won't be taking them seriously anymore after this. They are complicit.

Yes

I don't believe that he is naive. It looks like he wants to use the Notepad++ brand authority to capture the notepad++ macos market (which is big!) Thus he is infringing on a trademark for his own benefit.

This is precisely the point of the comment you are replying to: a balance has to be found and enforced.

Those seems to be the first HDDs with 1GiB of cache.

France has a lot of energy.

Nice to see you on HN :-) Too bad we couldn’t reach a deal on your Keto site, but hopefully the new owner takes care of it well. Can’t wait to see what you will do next! Cheers!