liaukovv (u/liaukovv)

liaukovv commented on Spot Bitcoin ETF receives official approval from the SEC cointelegraph.com/news/se... · Posted by u/talboren

fidelramos · 2 years ago

> Wealth can't really use to purchase anything with is not real wealth. If you can't convert bitcoin to $/€ it becomes effectively worthless

I agree, that is why Bitcoin was supposed to be electronic cash, you were supposed to be able to pay for everything with it.

Bitcoin (BTC) doesn't scale today to this purpose, but you can still use it to pay directly for some products and services as long as the other party will accept it. For those wanting Fiat money you could exchange BTC to stablecoins, even in a decentralized way like with ThorChain [0].

What's missing is some seamless bridge between stablecoins and Fiat payment methods and bank accounts. Then you could pay for anything. However I would argue that Bitcoin was meant to become the payment method, as Satoshi Nakamoto described in the whitepaper [1].

[0] https://thorchain.com/

[1] https://www.bitcoin.com/satoshi-archive/whitepaper/

liaukovv · 2 years ago

And how would seller pay taxes? They didnt get any fiat, they can't off-ramp it presumably(otherwise buyer would have done it), and now guy with a gun comes and demands his share, what happens?

liaukovv commented on Grumpy Locals Are Sabotaging Cruise and Waymo Robotaxis with Traffic Cones thedrive.com/news/rebels-... · Posted by u/clouddrover

LightBug1 · 3 years ago

I think we'll see more of this as AI matures.

It's getting more and more difficult to distinguish between human and AI drivers.

liaukovv · 3 years ago

Next thing you know they'll be cursing at you using speakers

liaukovv commented on Qt on MCU (2018) decovar.dev/blog/2022/12/... · Posted by u/todsacerdoti

liaukovv · 3 years ago

>contact us to get the details

Meh Also 10 mb of ram are hard to come by on mcus

liaukovv commented on BlockFi files for bankruptcy as FTX fallout spreads cnbc.com/2022/11/28/block... · Posted by u/kgwgk

frgtpsswrdlame · 3 years ago

You don't 'regulate' a ponzi scheme (at least not in the sense that you mean regulation), you prosecute it.

liaukovv · 3 years ago

By regulate they mean bail out

liaukovv commented on Rumor: Google Stadia May Be Getting Shut Down gamerant.com/rumor-google... · Posted by u/achow

wrayjustin · 4 years ago

It really doesn't! The common responses you hear in these types of threads include "I didn't even try it; because I knew it would get killed." And of course, this results in lower turnout, and eventual death of the offering. It's a self-fulfilling prophecy at this point.

So what's Google to even do?

* They could burn money and keep the offering afloat to "prove" they are serious (seems to be the case with Stadia).

* They can pivot/transition the offering (see Google Glass).

* Or they can use new offerings for R&D (and in some cases, like that of Stadia, be paid for that R&D), and then fold that technology/data somewhere else (see Wave) - this seems like the path most taken.

If we remember Google's core competencies, the revolving door of offerings as feeder into their larger services makes sense on paper, but I do agree that it's hurting consumer confidence and there is a hidden cost to that.

liaukovv · 4 years ago

They could offer something you can't get anywhere else that would force consumers to come. I mean game exclusives, not technology. In the end it's all about games

liaukovv commented on FTC Sues Walmart for Facilitating Money Transfer Fraud ftc.gov/news-events/news/... · Posted by u/afrcnc

piva00 · 4 years ago

Avoiding financial distress and/or ruin is important as well.

How you balance this equation is the hard part that takes effort and deep thinking and the subject to much discussion in many fields of philosophy.

Being a maximalist is the road to stupid dogmatic behaviour. The path to radical extremism.

liaukovv · 4 years ago

Those are not even in the same league

liaukovv commented on FTC Sues Walmart for Facilitating Money Transfer Fraud ftc.gov/news-events/news/... · Posted by u/afrcnc

piva00 · 4 years ago

Why do you consider that total freedom of an oblivious individual fucking their finances is a good thing for society? As a society we are actually here to help others with our experiences, if the experience of a cashier with multiple fraudulent transactions can help a soul to not be a sucker, why shouldn't they use that power?

Why do you consider "lawful" as the only measure of "good"?

liaukovv · 4 years ago

Freedom is important

liaukovv commented on FTC Sues Walmart for Facilitating Money Transfer Fraud ftc.gov/news-events/news/... · Posted by u/afrcnc

trhway · 4 years ago

Well, if one sees a crime being committed against an elderly person, it is kind of an recognized social duty to intercede, though really there seems to be no good practical way of doing so in the case like this.

And some level of stupidity, either natural or appearing with age, qualifies people to lose their right to be stupid, ie. conservatorship. Unfortunately it is a very heavy legal process of a sledgehammer when i think in many cases it should be a surgeon knife.

liaukovv · 4 years ago

I personally consider conservatorship immoral. "We know better so you are better off being my slave"

liaukovv commented on FTC Sues Walmart for Facilitating Money Transfer Fraud ftc.gov/news-events/news/... · Posted by u/afrcnc

jjeaff · 4 years ago

I was chatting with an elderly man in front of me in line at the post office years ago. He was complaining that he had already paid so many fees but was really close to collecting his winnings from the Australian lottery (we were in the US). And according to him, he never even entered the lottery. I told him that this was a common scam and that they were simply stealing his money and to not send them anymore.

He said, no, he knew it was real because they gave him the phone number for a bank and he called and the man on the other end confirmed it was real.

I implored him not to send any more money, but he continued to take out a postal money order for a few hundred dollars.

I told the cashier that he was being scammed after he left and they just said "ya, but what can you do?"

You can refuse to process the payment!

liaukovv · 4 years ago

Why do you consider yourself or the cashier to be in position to deny the man his lawful right to be stupid?