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Gutcruncher posted:Nuclear power plants have government regulations regarding the temperature of their water output. While it does warm up the water near it, it is kept within levels that shouldn’t harm the ecosystem. You're being biased because you're not addressing how useful that heat could be if it were magically moved to a cold house.
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Sep 23, 2022 00:04
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looks like some more good for bitcoin news https://twitter.com/sdnynews/status/1573059789021650944?s=46&t=7zozhloRGegIqDgn3AMLiw
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Sep 23, 2022 02:11
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Salt Fish posted:You're being biased because you're not addressing how useful that heat could be if it were magically moved to a cold house. Using Maxwell’s Demon to heat houses is pretty grounded by crypto standards
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Sep 23, 2022 02:29
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VitalSigns posted:Oh and this guy https://www.youtube.com/watch?v=fr8bp8a2QS4
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Sep 23, 2022 02:57
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Cowcaster posted:looks like some more good for bitcoin news Lol, coiners better start fleeing the country before the records are subpoenaed and everyone's visas get canceled
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Sep 23, 2022 03:14
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Bitcoin was a way to cheat taxes and the law esp when it was relatively unknown, but the grift, any ponzi, requires exponential growth of the rube pool to work, and always dies off...but this time it died off and simultaneously got so large it will come under tax scrutiny, and people are getting double hosed for their hubris, LOL.
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Sep 23, 2022 03:37
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Salt Fish posted:Talking to a coworker about their bitcoin investments and they explain casually "well this was before you had to pay taxes on crypto of course".
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Sep 23, 2022 03:39
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CoolCab posted:so this is a more interesting question broader than just mining, imo. like the inherent contradiction here - we have a ton of waste heat and also a heating budget and as such we can save money by unifying them somehow makes perfect sense. joule is a joule after all it's just working out a practical implementation. some people are trying, here's some finnish person who is the first hit when i google it pitching it: Agreed that putting waste heat to use is a good idea. If you have a server or industrial process or something that actually has a reason to be running, any heat you can transfer to somewhere that needs it is a bonus as long as the efficiency is >1%. The problem is that Bitcoin mining doesn't need to exist. So you end up with the choice of
Again, I'm all behind making use of waste, but not if the waste was created intentionally. Bitcoin heating would be like throwing brand new stuff into a landfill so we can run a power plant off the "waste" methane.
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Sep 23, 2022 03:46
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How do the market cap calculations deal with the fact that any significant sell-off of any coin immediately triggers a collapse in the value of it and all even tangentially related coins, to the point where cashing out is basically a death of a thousand prisoner's dilemmas?
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Sep 23, 2022 04:43
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Somfin posted:How do the market cap calculations deal with the fact that any significant sell-off of any coin immediately triggers a collapse in the value of it and all even tangentially related coins, to the point where cashing out is basically a death of a thousand prisoner's dilemmas? ok first step, do some cocaine. next step think about how the numbers are really big and you're gonna be rich. last step, do no think about how this all plays out, just focus on getting money out before it crashes.
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Sep 23, 2022 04:47
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Somfin posted:How do the market cap calculations deal with the fact that any significant sell-off of any coin immediately triggers a collapse in the value of it and all even tangentially related coins, to the point where cashing out is basically a death of a thousand prisoner's dilemmas? No, no, number go up.
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Sep 23, 2022 04:47
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LifeSunDeath posted:ok first step, do some cocaine. next step think about how the numbers are really big and you're gonna be rich. last step, do no think about how this all plays out, just focus on getting money out before it crashes. I sold a bunch of $SMEGMA to buy some cocaine and apparently I have negative money now? Is that normal? My wife is wondering where our child's college fund went
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Sep 23, 2022 05:00
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Cowcaster posted:looks like some more good for bitcoin news One of the biggest points a large amount of crypto groups I have ever been in, ever had a problem with was: that question on your tax return that amounted to: have you ever done anything with crypto? Every year they laughed at me, and I always made sure to check the box, review my taxes with tax attorneys, and pay correctly. Because I don't ever want to deal with the bad side of the law - why should I? If you can manage to avoid all taxes through some legal tax structure and that works for you, more power to you. But...don't fuckin lie on your taxes. I expect a huge amount of bitcoin/freeper shock and cognitive dissonance on this one.
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Sep 23, 2022 05:01
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As it turns out, a DAO is not a one weird "cant sue me, bro" trick It is also generally a poor idea to publicly post your plans for doing crimes full complaint
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Sep 23, 2022 05:16
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What's funny is how Robinhood for a long time did not require providing any tax information or identity verification and all they could do for people who signed up before they started requiring it was send daily emails begging them to add all their personal info, so I bet in the end robinhood ends up liable for a whole lot of unpaid taxes from trades in accounts where they collected zero personal information
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Sep 23, 2022 06:22
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PITY BONER posted:You're going to post chubbyemu's post but not his excellent video on the topic? For shame. His videos are interesting but often horrifying.
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Sep 23, 2022 07:22
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Big shock, Helium was scam from the start, it got pillaged before it really got off the ground. Also, last month the network generated a total of $1500 in rewards. https://twitter.com/SarahNEmerson/status/1573324892942270464
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Sep 23, 2022 16:23
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Meanwhile, Helium is becoming a mobile carrier. Use your Helium 5G phone to connect through Helium hotspots and apparently T-Mobile towers. And I think your phone mines helium tokens or something. Seems dumb. https://twitter.com/helium/status/1572245557292269574 Isn't this pretty much the Pied Piper product from Silicon Valley?
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Sep 23, 2022 16:26
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A friend of mine’s brother in law got into Helium and bought a hotspot, gonna send him that so he can dunk on him. “Hey BIL can I borrow $5, your helium earnings in the past 3 months lol”
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Sep 23, 2022 16:43
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I suppose it's real easy to declare your mobile network is successful if what you're really doing is borrowing some other carrier's infrastructure.
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Sep 23, 2022 16:45
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PotatoJudge posted:And I think your phone mines helium tokens or something. Seems dumb. FilthyImp fucked around with this message at 16:58 on Sep 23, 2022 |
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Sep 23, 2022 16:54
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cosmin posted:Taleb answered the airplane seat question: Why does this person have a tattoo of the Agilent logo?
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Sep 23, 2022 17:02
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drk posted:As it turns out, a DAO is not a one weird "cant sue me, bro" trick Reminds me of InuYasha coin, who's basic legal defense was "huh, sucks". Did anything ever happen to them? SettingSun posted:I suppose it's real easy to declare your mobile network is successful if what you're really doing is borrowing some other carrier's infrastructure. MVNOs are a really common thing. This would be like taking credit for the concept of franchising.
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Sep 23, 2022 17:09
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Oh god Inuyasha coins legal defense of “well it’s too late lol” is one for the ages Well Ms Takahashi if you didn’t want me to steal your property you should’ve just minted it first, idiot Gutcruncher fucked around with this message at 17:12 on Sep 23, 2022 |
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Sep 23, 2022 17:10
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Gutcruncher posted:Oh god Inuyasha coins legal defense of “well it’s too late lol” is one for the ages "So let me go over 'trade' and 'mark' to show why-" [immediately tackled by 15 NFL linebackers simultaneously]
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Sep 23, 2022 18:22
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Gutcruncher posted:Oh god Inuyasha coins legal defense of “well it’s too late lol” is one for the ages I don't think anything happened to them yet, but yeah if the trademark/copyright owners ever go after them, they will no doubt find out that the law doesn't give a poo poo that you don't understand copyright law.
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Sep 23, 2022 18:37
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I cannot tell you how funny all the miner cope is as they realize their ROI was built around prices that haven't existed for most the year and cards that are plummeting in value
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Sep 23, 2022 18:42
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Post quotes
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Sep 23, 2022 18:43
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regardign helium I kinda liked them because they seemed to be trying to providing something of utility, with the net work, maybe the net work can be utilized for poo poo posting.
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Sep 23, 2022 18:47
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Sep 23, 2022 19:08
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Sep 23, 2022 19:09
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CommieGIR posted:I don't think anything happened to them yet, but yeah if the trademark/copyright owners ever go after them, they will no doubt find out that the law doesn't give a poo poo that you don't understand copyright law. Last time I checked they had already changed their name to yasha coin or something like that. But it could be that yasha coin is a completely different anime coin and Inuyasha coin got rugged pulled. 
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Sep 23, 2022 19:56
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Eagerly inventing Blockchain based prostitution via Waifucoin
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Sep 23, 2022 20:40
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Sep 23, 2022 21:02
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Rin-ne Coin came out after Inuyasha Coin, but it wasn't anywhere near as popular.
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Sep 23, 2022 21:50
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PotatoJudge posted:Meanwhile, Helium is becoming a mobile carrier. Use your Helium 5G phone to connect through Helium hotspots and apparently T-Mobile towers. And I think your phone mines helium tokens or something. Seems dumb. Except more poorly done. Being an mvno doesn't exactly bring huge profits.
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Sep 23, 2022 22:20
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Speaking of free NFTs! Thanks NY Giants! 
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Sep 23, 2022 22:47
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PotatoJudge posted:Meanwhile, Helium is becoming a mobile carrier. Use your Helium 5G phone to connect through Helium hotspots and apparently T-Mobile towers. And I think your phone mines helium tokens or something. Seems dumb. It's like when Walgreen's partnered with Theranos.
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Sep 23, 2022 23:31
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TMo also has dumbass Starlink compatability
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Sep 23, 2022 23:46
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Lmao a contractor I work with got to talking with me about cryptocurrency and I mentioned that it seems like a greater fool scheme and that the price hit High water market it's been plummeting ever since. He counted saying that it was worth $45,000 a few months ago which is when he sold it. But he still sold it at a loss! He followed up by saying "that's my gambling money I don't need to worry about it too much"
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Sep 24, 2022 00:47
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