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Donovan Trip posted:I think smart contracts are really exciting My hot take for the day is that some things are supposed to be boring, and if the mechanism of a contract is ever "exciting", it is generally because something has gone hilariously wrong
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Feb 28, 2022 23:37
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Donavan here is another proof that crypto is at its core, 3 types of people: "I have drunken the koolaid. The potential of this technology is immeasurable, and despite knowing nothing about it, I will proclaim from the mountains of my knowledge. All can be solved by this and those who doubt me are luddites in the filth." "Look at all these rubes. This "technology" is bullshit on the highest level, and people keep buying into it. I'm making so much money off these idiots. Hahaha loving dolts." "I am hosed by the system, and instead of questioning my own failings or the systematic faults of an existing system that is loving me, I have hope this 'technology' will save me and give me all my dreams I was promised."
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Feb 28, 2022 23:49
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nullEntityRNG posted:"Look at all these rubes. This "technology" is bullshit on the highest level, and people keep buying into it. I'm making so much money off these idiots. Hahaha loving dolts." The 4th option of saying this loudly and in public to save face after losing massively is always an option Especially if it's Seraph (it's Seraph)
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Feb 28, 2022 23:55
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Hi all, I'm not going to say how I know this, but Donovan Trip is not seraph. Whether or not it's wise for them to post this in the Bitcoin thread, that's a matter for debate. I don't generally police this thread much because y'all do a good job keeping this on track. If it becomes too much of a distraction, let me know and we'll take it from there, but from what I see it's just him popping in saying crypto is awesome and you all responding "lol u dumb", which is a valid response! Keep on posting, pals  As a sidenote, I don't know poo poo about crypto, I just know that it sucks and it's funny when it plummets.
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Mar 1, 2022 00:11
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Donovan Trip posted:AI, Automation and IOT sensors will replace a lot of human work, yes Saying this shows how deluded you are.
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Mar 1, 2022 00:26
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Seth Pecksniff posted:As a sidenote, I don't know poo poo about crypto, I just know that it sucks and it's funny when it plummets. You know the important parts
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Mar 1, 2022 00:29
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Donovan Trip posted:How do you think the carbon credits system discussed at G7 will work? It's funny to me how a lot of cryptobros will correctly point out issues with our current financial systems, but instead of joining the real fight against those systems they go "What if we recreated the same systems but worse, and I'm on top?"
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Mar 1, 2022 00:44
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Jose Valasquez posted:
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Mar 1, 2022 01:01
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This dude not being Seraph is actually a lot funnier for two completely independent reasons
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Mar 1, 2022 01:33
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Sigh. I will check back in another two years and let you know how it went, <3
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Mar 1, 2022 01:40
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Donovan Trip posted:AI, Automation and IOT sensors will replace a lot of human work, yes Oh for the love of god, this is the same conceit that Ayn Rand had to use in her novels, magic hyper-steel and a literal perpetual motion machine, to even begin to kludge together a workable hypothetical society. Perfect, error-free and self-correcting AI and automation that never makes a mistake and spots problems before they happen, can see the future to anticipate new inputs, and is loving PSYCHIC in order to detect bad actors is the software equivalent of a perpetual motion machine. It doesn't exist, and it's a fantasy to expect that it or something like it will solve the problems you have.
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Mar 1, 2022 01:44
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Donovan Trip has no idea how computers work. it's not discrete voltages passing through logic gates in a predetermined, precise manner - it's MAGIC!!!!! i, the Monopoly Man, have spoken.
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Mar 1, 2022 01:45
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it's easy to assume it's that person when someone kramers into this thread and treats it like a serious crypto discussion, the way that that person used to. it is not, and never has been, dating back over a decade, a serious crypto discussion. this is the thread where we say buttcoin. there's not really much serious crypto to discuss when the fundamentals of it are still just as hosed as they were in 2011, and attempts to fix the fundamentals were actively shut down by some of the big players because they want it to remain that way on purpose. we are here to make fun of it, and make fun of you, if you come here and try to argue its merits. possibly for another decade still, if it takes that long for governments to shut it down the way they shut down Liberty Reserve and eGold and other similar scams
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Mar 1, 2022 01:53
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I'm happy to debate the"merits" but they never actually want to, they just want to spout buzzwords and link to articles by other crypto evangelists.
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Mar 1, 2022 01:59
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"Debate me!" "This is literal gibberish. It has no semantic meaning and demonstrates a failure to understand both the system it tries to tout and the field it's supposed to revolutionize." "Well have you considered the price of tea in China??? Checkmate fiatfailures, see you in a few years when I'm obscenely successful and rich!" -- the last few pages of "discussion"
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Mar 1, 2022 02:08
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Donovan Trip posted:I wanna tell people that Satoshi was just the pseudonym for Sergey Nazarov, founder of chainlink labs, and that chainlink along with a consortium of Blockchain technologies deployed by the WEF will completely reinvent ID, finance, insurance, and commerce within 5 years, but I don't think y'all would get it Donovan Trip posted:I'm not going to help you understand it. You had years. aahahahaha
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Mar 1, 2022 02:11
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I sold my Vega 56 to a colleague and he says that it performs better than all his other cards in MH/s. I feel like a pimp. I feel rotten to the core and I can't wash away the filth.
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Mar 1, 2022 02:27
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knox_harrington posted:Immutable production records for agriculture or anything else are loving stupid. What happens when you make a mistake? TLDR: what this guy said. The only use case for anything like blockchain is maintaining a shared database for specific types of transactional issues between nation states of roughly equal power that don't trust each other. And that's such a niche issue that you'd be better off solving it with the power of bureaucracy rather than trying to implement something new. That's it. After a million nerds brainstorming for a million hours, that's the only thing that wouldn't be better done by regular databases, regular contracts and a little trick I like to call "putting bad faith actors in jail". Can you use blockchain for more things? Absolutely, in the same way I can use a ham[m/st]er to crack open a nut, unlock my door and borrow money from my neighbour. But that doesn't make it "good" or "not wildly illegal". Party Ape fucked around with this message at 05:54 on Mar 1, 2022 |
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Mar 1, 2022 02:42
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Donovan Trip posted:I would love to hear what the irreplaceable jobs people have are and why automation isn't going to replace them within 30 years It would be interesting if it wasn't being deployed onto a technological dead end. We already have mature standards, protocols and tools for collecting, storing and exchanging information. "Blockchain will be great if everyone uses blockchain" is not an argument to adopt blockchain.
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Mar 1, 2022 02:46
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Donovan Trip posted:wow i am convinced. i will turn off the money printers immediately
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Mar 1, 2022 02:53
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Party Ape posted:Can you use blockchain for more things? Absolutely, in the same way I can use a hammer to crack open a nut, unlock my door and borrow money from my neighbour. But that doesn't make it "good" or "not wildly illegal". This is an amazing summary. I have to remember this for the future
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Mar 1, 2022 03:02
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i like to put on the folding ideas video when i'm trying to sleep. it never really gets old hearing about how stupid all this stuff is in a soothing voice haha
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Mar 1, 2022 03:05
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fart
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Mar 1, 2022 03:09
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Party Ape posted:TLDR: what this guy said. This sounds really bad since nation states often lie to each other all the time. It's why the US and China are embroiled in a million billion lawsuits against each other because intentionally being wrong all the time gives you an opportinity to cave if you need to offer something to the other side for something else.
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Mar 1, 2022 03:17
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HootTheOwl posted:This sounds really bad since nation states often lie to each other all the time. It's why the US and China are embroiled in a million billion lawsuits against each other because intentionally being wrong all the time gives you an opportinity to cave if you need to offer something to the other side for something else. This won't fix that either. All it does is provide an immutable record. By the way, you almost never want an immutable record because if a judge tells you to remove a record because its existence violates a law and you can't because your dumb rear end put it in a blockchain, you are in for "not a good time".
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Mar 1, 2022 03:32
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Party Ape posted:This won't fix that either. All it does is provide an immutable record. I'm so eager for this to happen a couple times just to watch everyone involved go: Umm, Not possible? 
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Mar 1, 2022 03:37
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Donovan Trip posted:Fair enough. I think smart contracts are really exciting and chainlinks decentralized oracle network are the backbone to a greener more verifiable future. Corporations have made it clear that they cannot police themselves and do anything outside the interest of their bottom line. congrats on being a sucker "decentralized oracle network" is the fanciest name I've seen for "turns out smart contracts are useless because they depend on information outside the blockchain, let's invent a vague term for checking external centralized services" smart contracts don't make sense unless you trust the data source, and if you already trust the data source, then there's no point in writing a trustless function into the blockchain Donovan Trip posted:I would love to hear what the irreplaceable jobs people have are and why automation isn't going to replace them within 30 years it's a basic API service, with a bunch of bullshit jargon piled on so blockchain evangelists think it's something new
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Mar 1, 2022 04:03
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Trollologist posted:I'm so eager for this to happen a couple times just to watch everyone involved go: Now listen, how could I have known that my blockchain based "detailed profiles on victims of domestic violence" database could be abused by their ex-partners in such a way. It's entirely unreasonable for a judge to demand that I remove people from it. I'm looking forward to the first techbro being thrown in jail for contempt until all copies of their immutable blockchain database are erased. Party Ape fucked around with this message at 04:11 on Mar 1, 2022 |
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Mar 1, 2022 04:08
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Party Ape posted:Now listen, how could I have known that my blockchain based "detailed profiles on victims of domestic violence" database could be abused by their ex-partners in such a way. It's entirely unreasonable for a judge to demand that I remove people from it. And my decentralized block chain network isn't something I can just "delete" because it's on four thousand computers spread across the globe.
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Mar 1, 2022 04:10
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Trollologist posted:And my decentralized block chain network isn't something I can just "delete" because it's on four thousand computers spread across the globe. Then you're probably going to jail for contempt. Remember that thing I said about bad actors earlier? If you deliberately set up your system in a way where you can't meet your legal obligations, that's kind of on you buddy. (By the way, the law is mutable and could change at any time. Imagine a right to be forgotten law being applied to a customer database being kept in a blockchain.) You wouldn't even need jail, a daily financial penalty * number of impacted users would kill the company. Party Ape fucked around with this message at 04:22 on Mar 1, 2022 |
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Mar 1, 2022 04:13
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Donovan Trip posted:when I helped spearhead the fall of lowtax https://forums.somethingawful.com/showthread.php?threadid=3904883&perpage=40&noseen=1
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Mar 1, 2022 04:36
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I really wanted to see our guest try to explain whatever the hell that jargon meant.  Party Ape posted:Can you use blockchain for more things? Absolutely, in the same way I can use a hammer to crack open a nut, unlock my door and borrow money from my neighbour. But that doesn't make it "good" or "not wildly illegal". I liked this more when I thought it said "hamster" instead of "hammer." Still worked, even!
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Mar 1, 2022 05:13
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Puppy Time posted:I really wanted to see our guest try to explain whatever the hell that jargon meant. They always run away the moment they realise their evangelism isn't going to result in everyone gasping in amazement at their buzzwords and asking for where to buy.
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Mar 1, 2022 05:47
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Trollologist posted:And my decentralized block chain network isn't something I can just "delete" because it's on four thousand computers spread across the globe. Sounds like a you problem, better get on with solving it or we will drag you back into court on worse charges. Pretty sure we have an existing framework for your four thousand networked co-conspirators too, I hope you're ready to hand over their info and that they don't have jail "suicide" money Somfin fucked around with this message at 07:26 on Mar 1, 2022 |
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Mar 1, 2022 07:23
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The inevitable issue with cryptocurrency as an alternative to banks (besides the actual waste in both energy and manpower) is the assumption that the people running the cryptocurrency are any less greedy than the banks. "Banks are greedy! We are not!" Seems to fall flat when we inevitably see what people do when they even have a modicum of control that the banks do. One of Dan Olsen's examples was some random coin which also gave people voting rights to decide what to do with the coins. Inevitable when it was decided to give the original founders of the coin a salary. wow surprise the largest shareholders of the coin gave themselves the raise!
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Mar 1, 2022 07:55
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Mar 1, 2022 07:55
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Strong Sauce posted:The inevitable issue with cryptocurrency as an alternative to banks (besides the actual waste in both energy and manpower) is the assumption that the people running the cryptocurrency are any less greedy than the banks. "Banks are greedy! We are not!" Seems to fall flat when we inevitably see what people do when they even have a modicum of control that the banks do. To be fair I’ve never heard the argument that crypto bros are less greedy than banks, only that The Holy Blockchain is Immutable And Therefore Perfect so their greed actually buttresses the security because they can’t possibly act in concert to subvert the system.
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Mar 1, 2022 08:18
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This thread is so easily riled. Crypto has bearded the bear by circumventing sanctions, and should get got hard. I liked Gaben's take on it, paraphrasing: Blockchain is a solution looking for a problem that doesn't exist.
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Mar 1, 2022 08:27
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I remember seeing a headline for an op-ed in the WSJ a few years back that was something like 'We need more capitalism to fix capitalism'. It wasn't about crypto but it's stuck in my head as the best motto for crypto ever because it's the overriding principle of it all.
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Mar 1, 2022 09:20
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Collateral posted:This thread is so easily riled. Crypto has bearded the bear by circumventing sanctions, and should get got hard. I liked Gaben's take on it, paraphrasing: Blockchain is a solution looking for a problem that doesn't exist. And web3 is using that to build a toll booth in front of a bridge it doesn't own.
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Mar 1, 2022 09:50
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