Readit NewsMy c compiler does not connect to internet during compiling.
Rust's build system, Cargo, does however. And many C build systems do as well, e.g. https://cmake.org/cmake/help/latest/guide/using-dependencies...
That's not true.
> And then there were some that differed only in case, which honestly I don't know how we manage that, as the non-Windows side is macOS, and yet roughly once per year someone introduces two files, same name, differing case into the repo.
Sounds like a crappily maintained repo.
Regulators are well-aware this is a scam which is why they're afraid of regulating it: as soon as they say "put up or shut up" the whole things collapses. they dont want to be blamed for that collapse.
As for politicians, they're corrupt. Trump and his cabinet were scam artists (betsy devos the wife of the head of a pyramid scheme, etc.); and likewise senior figures in the dems have historically been deeply connected to pyramid schemes.
This will all go to zero. The fastest way there is anyone actually trying to use it for money.
At the moment, it's one closed-off casino with a handful of people gambling with each other -- that's the total amount which any of this tech can support.
Regulators are hoping it will collapse in on itself without prompting.
I think the only law required here is "do something useful for real people" -- with that law this entire ecosystem will collapse and be exposed for the inherent fraud it is.
I encourage anyone with assets here to divest, and never to promote any of this -- do not rope people into holding the bag.
It did something useful for the Venezuelans. But you don't care about that because, why? Because you made up a story in your head that someone somewhere probably scammed everyone, somehow? And even with complete transparency and a publicly auditable ledger, they've kept it a secret for years?
All publicly available information points to the project being a success. Is there even a shred of evidence for your accusations? Or do you not need evidence to ignore events that don't fit your worldview?
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https://www.reuters.com/technology/lse-teams-with-digital-tr...
What about the London Stock Exchange? Do you think they're just a bunch of filthy scammers as well?
Also, all these "market cap" numbers are made up. These are heavily manipulated markets. There are about 100k users, and almost no buyers -- this stuff is trivial to bring down.
It's a scam.
Look how hard some governments have tried to stop this movement, and none have succeeded. That's real life evidence that they simply aren't capable.
I think this cloud will outlast the old men yelling at it.
Also: I hope one day someone calls my company a failure because it "only" has hundreds of thousands of users
They're not using it, at all. Trading volumes have plummeted, nobody uses it for exchange of value due to the volatility and the fees. You wouldn't say people are 'using Apple' because they're holding Apple stock, and you shouldn't say people are 'using Bitcoin' because they're holding onto it in a portfolio they've probably written off due to massive losses.
> Lightning fees are less than $0.01 - much better than the alternative of $20 for cashing a check. And the volatility is a small price to pay for financial control, for someone who (with good reason) doesn't trust banks or the government that's failing them.
(a) Lightning is totally unsustainable because it requires you complete an on-chain transaction to open a channel, which would take about 75 years, trillions of dollars and all the remaining block reward to do for everyone on earth. It would even take months to open a channel for everyone in the Bay Area. Then it suffers from quadratic routing complexity, and offers few if any of the guarantees of the underlying chain.
(b) It's not the replacement for $20 check cashing, that's a loan, a cash advance. That's what you're paying for. You can cash checks for free at any online bank.
> And the volatility is a small price to pay for financial control, for someone who (with good reason) doesn't trust banks or the government that's failing them.
It's literally down 60% from a year ago (almost 70% adjusting for inflation). By any objective or subjective measure that's a "big price to pay" for anyone who purchased last year. So no, it's not.
You yourself called these people out as 'living paycheck to paycheck' so by definition your own users would be utterly rekt using what you're advocating for.
Setting aside the 'crypto' third-rail, what if I came up with a way for anyone without AML or KYC to buy and sell shares of GameStop. Would you then immediately tell me that poor people should use shares of GameStop as money? In Africa? I suspect that would be viewed as overwhelmingly predatory.
This is obviously false. Just look at the transaction rates on the publicly available ledger.
And: Moneygram has all but publicly admitted that crypto remittances have grown large enough that it's affecting their core business, and they're trying to re-insert themselves as a middleman. https://my.linkedin.com/posts/moneygram-international_moneyg...
If you actually meant trading volumes (which matter zero for adoption btw), those haven't changed much either. Zoom out to 1w: https://bitcoinwisdom.io/markets/gdax/btcusd
> Lightning
The naive routing complexity is quadratic, yes. GPS routing is also quadratic. So is IP routing. But practical implementations use heuristics to decrease that complexity. In practice, you just need a good enough path, not the theoretically optimal path. The internet and lightning are still working fine as we speak.
> It's literally down 60% from a year ago
Bitcoin's current MVRV is 1.457[1], meaning the average holder current has a 45.7% profit. I guess if you cherry pick a high and low price you can imagine some losses, but anyone could cherry-pick numbers in the other direction too.
The 45% profit is nice, but for those living paycheck to paycheck it unfortunately isn't a huge help since many people wouldn't have been holding long enough for the gains to accumulate.
lol..err, https://en.wikipedia.org/wiki/Petro_(token) -- the government has not tried to "stop" anything.
If any of these systems had any actual utility many states would spend the relatively trivial amounts of money to 51% attack them: https://www.crypto51.app/. Or force take over their miners. Or monpolise half the stake. Or control the (local) mining networks. Or one of a number of trivial actions.
These systems do not work. Their alleged properties are lies. They are not immutable, they are not decentralised, and they are not capable of supporting non-trivial economic transactions.
This is a scam. These stories are lies. They are told by people who are in on the scam. This is a manipulated market, these are manipulated ideas, this entire system is comprised of about 100,000 people around the world, 5% of whom benefit from it.
It is incapable of supporting millions of users, let alone how severely impoverished they'd be at the expensive of the present holders -- thank god such systems cannot scale.
Present holders, no doubt like you, desperate to bring cash into the system, more people in, so your present holdings can increase in value.
I find this reprehensible
Look under "NiceHash-able", if the number is less than 100% it means (to an approximation) not enough idle hardware exists on the planet to perform an attack. This means any attack must start with a manufacturing project that must stay secret for a decade+, then outpace growth and eventually surpass the capacity of the private sector. And then you need the energy to actually run the chips - no country would ever consider diverting that much energy away from their population.
If it were possible to compromise a $xxx billion dollar system, with only $x million, don't you think it would have been done by now? Maybe even by some bored billionaire just for fun?
And trust me, I don't think posting in a dead HN thread will speed up or slow down crypto's success in any way, lmao. I just enjoy the banter.
The state here owns the network, rendering all the premises of peer-to-peer systems invalid and thus all of their guarantees.
If the government there wanted to prevent receipt of USDC it well could, as much as it can completely cutoff the country from arbitary parts of the internet.
Indeed, it would seem much more inclined to do that than cut off the mobile network.
The reason it hasnt done so is preference, not that peer-to-peer systems are magic.
Spoken like a true first-world armchair warrior. Maduro shut off the non-p2p systems, as dicussed. He then failed to stop crypto payments. Do you think it was his "preference" all along to fail to control the flow of money?
Don't underestimate people's ability to figure out a VPN. It's not hard, and the prospect of literally starving to death can be quite motivating.
And since you mentioned magic, the real magic would be any country stopping its citizens from accessing the internet. Even in North Korea, there are people with unfiltered satellite internet, because Kim Jong Un has not yet built a Faraday cage around the sky.
> USD Coin (USDC) is a digital stablecoin pegged to the United States dollar.
Nothing is denominated in USDC, it isnt a currency (indeed, no cryptocurrency is a currency, since none are a https://en.wikipedia.org/wiki/Unit_of_account ).
The USD is the currency here.
So the mechanism here is that people in Venezuela have a route to obtaining USD without having to use the banking system because they can sell their USDC electronically.
What in this process requires (or even benefits from) blockchain exactly, or cryptocurrency?
Venezuela already has extensive digital payment systems, and there's lots of ways of getting money directly to people today. This USDC project was just a lobbied-for newspaper story.
The story above, as all of them, is a result of intense lobbying by shysters who use these throwaway-projects to pump the value of their assets. Stories like this come out all the time, usually within 5 years there's an embarrassing write up of all those involved.
I have no doubt a huge amount of money was wasted using the UDSC "option", enriching many of those involved. Articles like the above do not tell you about the alternatives, they're written to hype crypto.
This is what i mean about the "ideas market" in crypto being as fake as the prices market: it's all manipulated. All these stories are written and released by people profoundly invested in lying to you.
Sure, but those systems had been sabotaged by a politican/dictator named Nicolás Maduro who rejected the results of an election.
> What in this process requires (or even benefits from) blockchain exactly, or cryptocurrency?
A decentralized payments system is one that cannot be shut down by Nicolás Maduro.
Do you think the Venezuelan crisis was just a big conspiracy theory?
Just that people keep obnoxiously naming their projects after them for visibility.
Imo this is exactly how this kind of polite takedown should be used. If it highlighted it to you great because at least you know for sure it's not OpenAIs product.
gpt4free means "gpt for free" and also predates GPT-4. I don't think it was meant to be obnoxious or cause confusion.
https://innocenceproject.org/dna-exonerations-in-the-united-...