Bitcoin Forum
May 26, 2022, 08:45:16 AM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 ... 416 »
181  Other / Meta / Re: DT update log on: January 02, 2021, 11:16:57 PM
This month 150 users were eligible.

Old:
Code:
dooglus
gmaxwell
OgNasty
SebastianJu
yxt
A-Bolt
fronti
mprep
Dabs
Foxpup
peloso
Welsh
Mitchell
vizique
Ticked
jeremypwr
dbshck
greenplastic
hilariousandco
Avirunes
mindrust
buckrogers
Lesbian Cow
willi9974
JayJuanGee
Rmcdermott927
DaveF
examplens
nutildah
minerjones
tmfp
yahoo62278
Royse777
zazarb
LFC_Bitcoin
o_solo_miner
ezeminer
sandy-is-fine
SyGambler
klarki
LoyceV
actmyname
The Pharmacist
LeGaulois
DarkStar_
TwitchySeal
phishead
TryNinja
bob123
eddie13
johhnyUA
Jet Cash
condoras
Coin_trader
polymerbit
Yatsan
finaleshot2016
crwth
Ale88
duesoldi
Vispilio
imhoneer
wolwoo
JollyGood
RaltcoinsB
xenon131
roycilik
CryptopreneurBrainboss
El duderino_
KTChampions
bavicrypto
Veleor
o_e_l_e_o
3meek
vycl87
Maus0728
TheBeardedBaby
tvplus006
dkbit98
mole0815
witcher_sense
MoparMiningLLC
asche
cabalism13
anonymousminer
morvillz7z
Bthd
fillippone
taikuri13
abhiseshakana
madnessteat
lovesmayfamilis
DireWolfM14
Corrosive
TalkStar
efialtis
Ratimov
geophphreigh
zasad@
Rikafip

New:
Code:
HostFat
dooglus
CanaryInTheMine
Balthazar
yxt
A-Bolt
fronti
mprep
Dabs
Foxpup
babo
Cyrus
peloso
ibminer
TookDk
Mitchell
vizique
figmentofmyass
jeremypwr
dbshck
greenplastic
arulbero
Lydian
mindrust
Buchi-88
Lesbian Cow
willi9974
cryptodevil
suchmoon
JayJuanGee
achow101
teeGUMES
owlcatz
examplens
nutildah
dazedfool
minerjones
irfan_pak10
tmfp
BitcoinPenny
Royse777
o_solo_miner
sandy-is-fine
SyGambler
muslol67
LoyceV
actmyname
The Pharmacist
LeGaulois
TwitchySeal
phishead
TryNinja
bob123
eddie13
ekiller
condoras
bL4nkcode
Coin_trader
polymerbit
Yatsan
HCP
finaleshot2016
xtraelv
crwth
webtricks
Ale88
duesoldi
bobita
Vispilio
Baofeng
imhoneer
krogothmanhattan
wolwoo
JollyGood
El duderino_
KTChampions
Coin-1
sheenshane
o_e_l_e_o
logfiles
joniboini
Maus0728
coinlocket$
asche
DdmrDdmr
cabalism13
Hellmouth42
Husna QA
Bthd
fillippone
abhiseshakana
madnessteat
lovesmayfamilis
DireWolfM14
Corrosive
TalkStar
efialtis
Ratimov
zasad@
Rikafip
182  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: January 02, 2021, 09:41:24 PM
No less than the legendary admin of this site, Theymos, is joining the gang of haters.  

I just stumbled upon his post and merited it because it was substantive. I don't have strong feelings about Dash, though last I checked it was much worse than Monero technically.
183  Other / Politics & Society / Re: [POLL] Let’s say Trump did win the election... on: December 31, 2020, 09:34:04 PM
It depends very much on your definitions. First of all, "won" is legally defined by whatever happens on Jan 6. Even if all of the voting machines were hacked, that wouldn't invalidate the result of Jan 6. States are responsible for sending in the correct electoral votes, and then Congress is responsible for overseeing them on Jan 6; any mistakes, errors, or fraud involved in this process don't invalidate the final result. The US is based on the electoral college system, administered by each state individually, not a straight nationwide democratic vote. To some degree, it is and is intended to be a political process rather than a "mathematical" process. Some people say that Trump didn't really win in 2016 because he lost the popular vote. Some people will say that Trump did win in 2020 because of various theories about how the election was rigged. But these don't determine the result.

(Ultimately, even the electoral college result doesn't really determine who wins: the Constitution is not a magical scroll that will strike dead anyone who defies it; whoever is sitting in the oval office with the powers of the President of the United States on Jan 21 is the person who really won, regardless of how he got there.)

It also depends on your view of "best for the country". As an ancap, I think that it'd be best for people to lose faith in government, for US nationalism to degrade, and for the US to eventually fall apart. (Probably it'd fall apart into smaller governments, not into an ancap utopia as I'd prefer, but smaller governments are better than bigger governments.) Therefore, based on my understanding of what'd be best for the people of the US in the long-term, it's best to see chaos here. I'd love to see Trump somehow stay president (even though there's <0.1% chance of this happening): this power struggle itself would degrade the US's cohesion significantly, Trump is a chaos agent, Trump is less competent at wielding the office of the presidency, and those policies that he does successfully pursue tend to be a bit better than the average president anyway.

Now, if you're a US nationalist, then you should definitely want Biden to smoothly take power without much lingering doubt as to the fairness of the process. Even if it was generally agreed that Trump had won fair and square, I'd been thinking pre-election that even this could lead to states like California moving away from the US and toward secession. If Trump somehow remained president at this point, you'd almost certainly see widespread secessionist movements by blue states, if he wasn't outright assassinated first by one of the millions of people absolutely incensed by this event. A huge secessionist movement like this is something I'd like to see, but not something that US nationalists will want. Nationalists should also be worried, though, that Biden is just going to continue the status quo, which is totally unsustainable. Congress is too often deadlocked, passed bills are rare, sane passed bills are even more rare, the system has been 95% on autopilot for decades, and too much power is being concentrated into a bloated executive branch. It reminds me a lot of the late Republic period of ancient Rome. If things continue on their present course, we will eventually see either a dissolution of the Union or a restructuring toward dictatorship. If you want the US to stay together and not become a dictatorship, probably you should want some reforms and constitutional amendments to do things like:
 - Reducing federal power overall, giving more power to local authorities so that California can go one way while Georgia goes another on many issues.
 - Reducing the executive branch's relative power, such as by reinstating the legislative veto and allowing/encouraging the judicial branch to fight against the administrative state to a greater extent instead of deferring to them.
 - Reversing those reforms from the Progressive Era which increased direct democracy and weakened the political parties as institutions. In particular, primaries should be replaced by more exclusive caucuses again, and Senators should be appointed by state legislatures again.
 - I think it'd help if it was much less possible for presidents to get a majority of electoral votes, so that Congress had to tiebreak more often. Maybe this could be done by requiring that each state allocate electors proportionally rather than winner-take-all.
 - Many schools and (especially) universities inculcate anti-nationalist worldviews, which leads people to want to use national institutions for their own ends instead of wanting to preserve/defend national institutions. If you're a nationalist, then you'd want schools/universities to instead inculcate nationalist worldviews.
184  Economy / Auctions / Advertise on this forum - Round 329 on: December 30, 2020, 01:33:19 PM
The forum sells ad space in the area beneath the first post of every topic page. This income is used primarily to cover hosting costs and to pay moderators for their work (there are many moderators, so each moderator gets only a small amount -- moderators should be seen as volunteers, not employees). Any leftover amount is typically either saved for future expenses or otherwise reinvested into the forum or the ecosystem.

There are 10 total ad slots which are randomly rotated. So one ad slot has a one in ten chance of appearing. Nine of the slots are for sale here. Ads appear only on topic pages with more than one post. Hero/Legendary members, Donators, VIPs, and moderators have the ability to disable ads; these people don't increase the impression stats for your ads.

Design & ad restrictions

Ad text may not contain lies, misrepresentation, or inappropriate language. Ads may not link directly to any NSFW page. No ICOs[1], loggable mixers[2], banks, funds, or anything that a person can be said to "invest" in; I may very rarely make exceptions if you convince me that you are ultra legit, but don't count on it. Ads may be rejected for other reasons, and I may remove ads even after they are accepted.

See the ad design rules for info on designing forum ads.

When advertising a new service, you should always check with me in advance whether your service is OK. I will sometimes accept bids of people who don't do this, but such people are taking the risk of being rejected at the last minute. It's also a good idea for you to have me check your ad's HTML+CSS in advance, especially if this is your first time advertising.

Duration

- Your ads are guaranteed to be up for at least 7 days.
- I usually try to keep ads up for no more than 12 days.
- Sometimes ads might be up for longer, but hopefully no longer than 14 days. Even if past rounds sometimes lasted for long periods of time, you should not rely on this for your ads.

Stats

Exact historical impression counts per slot:
https://bitcointalk.org/adrotate.php?adstats

Info about the current ad slots:
https://bitcointalk.org/adrotate.php?adinfo

Auction rules

New members are likely to have their bids rejected unless they PM me first, telling me what they're going to advertise. New members might also be required to pay some amount in advance. Additionally, if you have never purchased forum ad space before, and it is not blatantly obvious what you're going to advertise, say what you're going to advertise in your first bid, or tell me in a PM.

Post your bids in this thread. Prices must be stated in mBTC per slot. (10 mBTC = 0.01 BTC.) You must state the maximum number of slots you want. When the auction ends, the highest bidders will have their slots filled until all nine slots are filled.

So if someone bids for 9 slots @ 50 mBTC and this is the highest bid, then he'll get all 9 slots. If the two highest bids are 9 slots @ 40 mBTC and 1 slot @ 50 mBTC, then the first person will get 8 slots and the second person will get 1 slot.

The notation "2 @ 50" means 2 slots for 50 mBTC each. Not 2 slots for 50 mBTC total.

- When you post a bid, the bids in your previous posts are considered to be automatically canceled. You can put multiple bids in one post, however, like "5 @ 10 and 1 @ 50".
- All bid prices must be evenly divisible by 5 mBTC.
- The bidding starts at 5 mBTC.
- I will end the auction at an arbitrary time. Unless I say otherwise, I typically try to end auctions within a few days of 10 days from the time of this post, but unexpected circumstances may sometimes force me to end the auction anytime between 4 and 22 days from the start.
- If two people bid at the same price, the person who bid first will have his slots filled first.

If these rules are confusing, look at some of the past forum ad auctions to see how it's done.

I reserve the right to reject bids, even days after the bid is made.

Price flattening

At the end of the auction, after the winning bids are all determined, I will do a "price flattening" operation. This has no effect on which bids actually win, but is instead just meant to make the prices actually paid by bidders more equal. For each bid, in order of lowest to greatest price/slot, I will reduce each bid's price/slot to the highest value which is equal to or only the minimum increment greater than the next-lower bid. This allows you to bid higher prices without worrying so much, but you still mustn't bid more than you're willing to pay. Example:

Code:
This:
Slots  mBTC/Slot  Person
    6      200       A
    1      160       B
    1       80       C
    1       80       D

Becomes:
Slots  mBTC/Slot  Person
    6      90       A [step 4: reduced to 85+5=90]
    1      85       B [step 3: reduced to 80+5=85]
    1      80       C [step 2: same as the next-lowest, unchanged]
    1      80       D [step 1: the lowest bid is always unchanged]

Payment, etc.

You must pay for your slots within 24 hours of receiving the payment address. Otherwise your slots may be sold to someone else, and I might even give you a negative trust rating. I will send you the payment information via forum PM from this account ("theymos", user ID 35) after announcing the auction results in this thread. You might receive false payment information from scammers pretending to be me. They might even have somewhat similar usernames. Be careful.

[1]: For the purposes of forum ads, an ICO is any token, altcoin, or other altcoin-like thing which meets any of the following criteria: it is primarily run/backed by a company; it is substantially, fundamentally centralized in either operation or coin distribution; or it is not yet possible for two unprivileged users of the system to send coins directly to each other in a P2P way. The intention here is to allow community efforts to advertise things like Litecoin, but not to allow ICO funding, even when the ICO is disguised in various ways.
[2]: A loggable mixer is a service marketed primarily for improving transaction privacy which accepts full custody of cryptocurrency for a time and has the technical ability to log where the cryptocurrency comes from and goes to (even if they promise not to log).
185  Economy / Auctions / Re: Advertise on this forum - Round 328 on: December 30, 2020, 01:32:48 PM
Auction ended, final result:
Slots mBTC/Slot Person
3 10 DogecoinMachine
1 10 BoXXoB
5 5 lightlord
186  Other / Politics & Society / Re: Breaking: $600 Stimulus checks deal in the US on: December 30, 2020, 01:23:46 PM
So McConnell bundled the $2k with a section 230 appeal, which news outlets are saying is a poison pill that'll make the combined bill impossible to pass. Probably a smart move politically, since it allows republicans to vote "for" $2k, but it makes me uncomfortable that he's so willing to put section 230 on the table at all. A repeal of section 230, especially a flat repeal like what's in this bill, would be a huge blow to Internet freedom; bitcointalk.org would have to ban 95% of what goes on here, for example.
187  Other / Politics & Society / Re: Breaking: $600 Stimulus checks deal in the US on: December 29, 2020, 08:53:45 PM
Trump is going on the offensive against him though, telling Republicans that if they don’t pass this then they have a death wish. Seems like the GOP votes are there though, McConnell is just going to need more pressure to put this up to a vote.

Although I very strongly disagree with him on 80% of things, I've long respected McConnell's political savvy and stoicism. I think that he'll probably end up on top here, though Trump is definitely making the game more difficult for him, and reducing the chance of Republicans retaining the Senate. Two-thirds of the Senate would probably vote for this, and in theory they could bypass McConnell, but I think that there's too little time left, and McConnell is too good at wielding parliamentary procedure and whipping his members. All pending bills die Jan 3 as the 116th Congress ends, the Georgia election is Jan 5, and after that the politics don't matter as much, so McConnell will be more-or-less free to give the finger to Trump and then Biden for all of 2021, really.

Trump fucked up or went rouge, not sure which. I never looked at him as a staunch conservative anyways.

Trump has no ideology; he's just a selfish narcissist. Sometimes this causes him to do good things, like being more anti-war than most presidents (war is generally unpopular), but sometimes it causes him to do things that are bad for the Republican party and/or the country, like this. Trump would happily destroy the Republican party if it promoted his "brand", and in fact he's probably going to move in this direction over the next 4 years - not because he hates the Republican party or what they stand for, but just because he wants to be the center of attention, and turning the Republican party into a circus with himself as the ringleader suits that purpose
188  Other / Politics & Society / Re: Breaking: $600 Stimulus checks deal in the US on: December 29, 2020, 02:30:55 AM
This'll put Senate Republicans in a really awkward position. $2000 checks are wildly popular, and Trump will use this vote as a "loyalty test" going forward, so Republicans really want to vote for it. If Republicans cause it to be killed (ie. even if McConnell doesn't bring it to the floor), then this fact will also be used against the Republicans in the critical Georgia race. But most Republicans are strongly opposed to it ideologically, and they also have a large constituency who really cares about the debt and will never forgive a vote for something like this, even if the pro-Trump constituency is probably 2-3x bigger.

If it makes it to the Senate floor, then I think that it passes by a pretty wide margin; nearly all Democrats and maybe a third of Republicans will vote for it. Every single Republican will be politically damaged in the process, regardless of how they vote, since they'll always piss off a big chunk of their base. I think that McConnell will refuse to bring it to the floor, though even this will definitely have political consequences as well, especially if Trump goes after him hard.

About $450 billion of the recent $900 billion relief bill (with the $600 checks) was actually not new appropriations, but moved from unused funds in the CARES act. The increase of the check size will cost about $450 billion, so it's doubling the actual cost (or bringing the actual cost to the "face value" $900 billion number). People are throwing these "billion" numbers around willy-nilly, but this really is a massive increase in what is already a huge hole in the budget. The MMT people are right in that the US is not a household and this is not going to cause some sort of immediate problem, but in practice this extreme deficit spending is going to lead to the collapse of the dollar as the world reserve currency, and the faster the US spends, the sooner this day comes.

All of this government relief is bad for a number of reasons, but I'm kind of hoping that this increase passes. It's one of the better ways of delivering aid to those who need it, and it's good for the petrodollar system to get closer to its death sooner. Probably better for poor people to get money now than for the dollar system to last an extra few years, during which the US will just waste money on foreign wars and other similarly stupid/bad stuff.

I've already been thinking that we may be in for 3-5% inflation in the next couple of years due to all of the stimulus and Fed action, and this increase would be even more inflationary. Poor people are the most likely to spend rather than save/invest, and this is a very liquid and fast cash injection (unlike Fed actions, or tax cuts, or specific government programs). If this passes, maybe we'll even see levels of inflation which cause people to freak out a bit.

most of this money ended up going to companies directly in the baking sector

Sadly, the American people have proven to be powerless against the influence of the baking system, which has for years profited off the opium that is simple carbs. Is it any wonder that since the 2008 bailouts, obesity has increased by 25%, to the point where nearly a third of Americans are clinically obese? We need a return to Gold Standard 100% Whey, which can be used in all sorts of nutritious and delicious recipes.

(Sorry, you even edited out the typo before I replied, but I couldn't resist. Grin)
189  Other / Politics & Society / Re: Strange Nashville bombing on: December 28, 2020, 02:45:40 AM
The police has now officially announced that they think that Warner was behind it, and that he was in the RV when it exploded; the human remains found at the scene were DNA-matched to him. "Going out with a bang" was one of the first ideas that occurred to me, so it's not surprising, and I don't particularly doubt the official story so far. It was also the most boring possibility... Regardless of his motives, this is something that'll be forgotten in weeks. I'd guess that he was just suicidally depressed, without much larger motive, and he wanted to do something loud/flashy/"fun" as a suicide. Maybe part of him was hoping that law enforcement would come stop it and maybe save him before he exploded (if he didn't shoot himself beforehand - not known yet AFAIK).

It's tragic for him and for everyone harmed, though I'm glad that he remained altruistic enough to go out of his way to avoid killing people. Someone suicidal has many ways of easily killing a lot of people if they choose, as seen for example in the Las Vegas shooting. Even though it's tragic that Warner was willing to kill himself (for any reason), and it's tragic that he chose to multiply his own pain across many additional people, in some ways it gives me a little extra faith in humanity to see that even in his final position of absolute power - when there was absolutely nothing outside of his mind constraining his behavior, when he had fewer chains than most people ever have - he very actively chose mercy as opposed to wrath.
190  Other / Politics & Society / Strange Nashville bombing on: December 26, 2020, 02:28:21 AM
https://thehill.com/homenews/state-watch/531662-emergency-crews-respond-to-explosion-in-downtown-nashville

Normally I don't pay much attention to bombings, mass shootings, etc., but this one is really intriguing. The RV which exploded had loudspeakers on it which first apparently played loud gunshot noises to wake everyone up, and then it started playing a message warning people to evacuate. It also exploded in a non-residential area, at a time when the area would not have much traffic. Because of these measures, it seems that nobody was seriously injured, but the explosion did cause a massive amount of property damage, affecting several city blocks. The RV was near an AT&T facility, and damage to this facility caused widespread outages in Internet & phone service, though it's not completely clear that this facility was the target.

There are just so many interesting possibilities as to who could be behind this:

1. Initial reporting is that there may have been human remains found near the blast. This has not been confirmed. Maybe this was just a really flamboyant suicide?

2. This could could an attempt by a US enemy to sow division. Trump-aligned people will think that it was a leftist plot (maybe a false flag by the deep state, or an attack by an IRA-like left-terrorist group), while anti-Trump people will think that it was white-nationalist or QAnon domestic terrorists. I will be especially inclined to think that this is the case if we don't get much more info about who was behind the attack; doing an attack like this without leaving traces would be very difficult, so that points to a very sophisticated attacker, and leaving the issue perpetually hanging so that both sides can fight about it forever suits the motives of a foreign-nation-state attacker.

3. This could be the opening salvos of some terrorist group. By doing it this way, you can multiply the efficiency of all of your future attacks, since you can put loudspeakers on a vehicle very cheaply, and if only 1% of them actually explode, this is enough to cause widespread terror and disruption in potentially hundreds of cities. The whole setup of this attack was more sophisticated, well-planned, and constrained than I'd expect from the big terrorist groups of the past such as ISIS, which is interesting. If it was a terrorist group, then I'd expect them to eventually take credit for it and use it as a recruiting tool, though note that other terrorist groups will probably also falsely claim credit for the attack soon enough.

4. The whole point might've been to create a distraction for something else which hasn't been found yet. The damage to the AT&T facility took out Internet and phone service (including 911) and also made everyone look in one particular direction for a long time. This would be very convenient if you were infiltrating a facility 20 miles away at the same time, for example.

5. You never know, but:
    a) I tend to think that this was too sophisticated for the QAnon or anti-5G people.
    b) A bunch of big, terrifying attacks could conceivably be used by Trump as part of a coup to stay in power. But I don't think that Trump's inner circle is competent or far-looking enough to do this, I don't think that Trump is ambitious enough for it, I don't think that enough of the military/bureaucratic apparatus would support him in any case, and I don't think that something like this would stay secret for more than a few hours in Trump's notoriously leaky administration.
    c) While there have been a few true false flag attacks by the US government in the past, they're incredibly rare, and they're done secretly by small conspiracies within the intelligence community, not as a matter of policy. I won't completely rule out that this is some action by groups within US intelligence, but this isn't an idea I'd take seriously without seeing a lot more evidence. I'm also not sure what the motive would be. (Trump supporters might say that it's part of a plot to make Trump leave office, but that'd happen anyway... This line of thinking points back to the "promoting division by a foreign state" hypothesis.)



More info will presumably come up as time goes on; right now, everything is very preliminary. I'd find it pretty unbelievable if there is no surveillance camera footage of the RV being put into position, for example. Surveillance cameras are so ubiquitous nowadays that it should probably be possible to trace the path of the RV at least to the edge of the city, though it will take a lot of time to collect all of the footage. It's also not clear to me at this point whether the RV was right outside the AT&T facility, or whether it was half a block or more away -- different news outlets report different info here, and this info is important for determining whether the AT&T facility was specifically targeted.

What do you think? I look forward to hearing the insane theories of BADecker and others, along perhaps with some less insane theories.
191  Other / Politics & Society / Re: Breaking: $600 Stimulus checks deal in the US on: December 24, 2020, 11:28:25 PM
I have mixed feelings about the PPP loans. They were intended to keep employees on the payroll who otherwise would have been laid off. This meant that employers would not have to layoff, and subsequently rehire many of the same workers once the economy opened back up. It was intended to be a form of unemployment payments to workers via their employers. Unfortunately, many PPP loans were abused, and many businesses got them that didn't need them. It also gave political cover to local officials to impose lockdowns when they were really not necessary that early in the pandemic.

PPP, direct bailouts, etc. just prop up businesses that should fail. Theaters and airlines are probably going to be less popular going forward: they should have fewer employees, and they should probably cut their operations overall, at least temporarily. If they think that continuing to operate will be useful, then:
 - They should've been saving for these sorts of emergencies. If they haven't, then they're bad businessmen and they should be replaced in the economy by more competent businessmen.
 - They should be able to get private loans from someone who agrees that the business can survive. If there is no one willing to lend, then the company is too risky, and that means something.
 - Public companies should be able to issue more stock, to be bought up by people who think that the industry and company will recover. If there is nobody willing to invest, then the company is clearly unlikely to be profitable anytime in the next ~5 years at least, and it would be better for it to be liquidated and for its resources to go elsewhere.

But instead, airlines for example are getting a bailout on the condition that they re-hire their employees for a few more months, even though the airlines admit that they will furlough these employees again if they don't get even more stimulus, and they admit that they don't anticipate this situation changing for years. And airlines wasted tons of cash buying back stock over the past several years. So billions of dollars in resources will be tied up in businesses uselessly operating at above-needed capacity, while these businesses were recklessly not saving for this sort of eventuality. People will be paid to do a job that isn't particularly useful to the world right now, and may never become as useful as it once was.

If there was no government support whatsoever, then businesses run by idiots would go bankrupt, which is good. Businesses that have no long-term potential for actually contributing to the economy and therefore making a profit wouldn't be able to get loans or investment, and they'd go bankrupt, which is good. People who worked for these businesses would either go work for a more competent company which could use their labor more effectively, or they'd go do something else that is more useful in the current environment. For example, maybe airline employees could get training in administering vaccines, or providing childcare, or working at a shipping company, or doing some sort of virtual work: all in high demand now. Or they could start their own business: maybe some airline employees could come together and make a company specializing in private flights, which have been massively more in demand lately due to COVID. When people are unemployed, they go find useful (=profitable) things to do, and that's how the economy adapts and grows. Economic growth doesn't happen magically at an average 2% rate or whatever, as a fixed economic law, but due to the combined effects of millions of little bits of personal innovation/adaptation, which can be as simple as the decision of a furloughed theater employee (less useful) to become a grocery checker (more useful), for example.

This reorientation of the economy in the face of changing conditions is how you ensure long-term economic growth. Artificially propping up the status quo is less painful in the short-term, but it prevents the economy from adapting, weighing down growth in the long-term. This economic scarring can last decades. It also rewards idiot executives and investors (eg. airline executives and shareholders who promoted buybacks instead of investment/preparation), who are often higher-income. It's like learning that you have early-stage, treatable cancer, but just deciding to take ever-more-powerful painkillers rather than undergoing chemotherapy: it's more pleasant in the short-term, but long-term, it's a very bad idea.

Now, if you think that some sort of help needs to be provided to low-income people hurt by the economy collapsing around them, then do that directly. I can't find the quote right now, but I think Milton Friedman said something like, "If the problem is that poor people don't have enough money, then just give them money." If you're worried that airline employees, theater workers, etc. are going to be fired en masse, give $20k to every person in an affected industry with an income less than $100k, or something like that. Let the airlines and theaters fail, and let the workers go do something else more useful. The idea of helping workers by propping up failing businesses (ie. using the businesses as middlemen) just drags down long-term economic growth while helping the rich executives and investors who in part contributed to the problems.

If you're a Republican who voted for the past relief bills, then it would've made more sense from your ideological perspective to instead do something like a very large one-time check for people making under <some amount>, plus a very large increase in the earned income tax credit (for everyone, not just people with kids) which would last at least 3 years, and no business bailouts. The actual past relief bills were results of economic ignorance combined with various political realities such as the need to appease tons of special interests.
192  Other / Politics & Society / Re: Breaking: $600 Stimulus checks deal in the US on: December 22, 2020, 12:42:44 PM
The bill was 5000+ pages long, so I'm most worried that there was something nasty hidden in there which hasn't even been found yet by the public.

I'm opposed to all of this, though I think that direct aid is the best thing that the government can do if they're going to do anything. The bailouts keeping alive industries that should die or reform are the worst, like the massive airline bailouts in both relief bills, or even PPP. For the CARES act, it would've been better to just send everyone making below <middle class income> a check for about $8000 than have all of the various bailout programs. Let businesses that haven't saved and can't get private loans go bankrupt; let their employees find somewhere more economically-useful to work.

With the Fed creating unprecedented amounts of reserves and this unprecedented fiscal spending aimed largely at lower-income people, I could definitely see price inflation finally appear, which people aren't really expecting after so long a period of low inflation. And even more than price inflation, we'll probably see continued asset-price-inflation in all assets: stocks, real estate, BTC, etc.

For those living outside the US $600 dollars here don't cover living expenses for 2 weeks

It depends on the area. In some places, it might last a couple of months, especially if you're already using SNAP, housing assistance programs, etc.
193  Other / Politics & Society / Re: Trump contradicts Pompeo, claims Russian hack was coordinated by China on: December 20, 2020, 09:25:01 PM
You definitely shouldn't trust Trump, but it's sad to see a leftist like you implicitly trusting an ultra-neocon like Pompeo or "intelligence experts" just because they differ from Trump. Pompeo's the type who would jump at any opportunity to start a war, and he will resist any attempts at backing away from existing foreign intervention. He probably pushed for the assassination of Soleimani; he's one of the main people behind the dangerous, escalatory "maximum pressure" campaign against Iran; he downplayed the murder of Jamal Khashoggi; he's called COVID-19 a manmade Chinese virus; he supports torture; he supported the Iraq war; etc. People like Pompeo, Bolton, Bush, etc. are not good or trustworthy just because they sometimes oppose Trump, and in many ways they're actually worse. And "the intelligence community" is full of similar people, with similar histories of intentionally lying to the American people in order to further their ideology of escalation and intervention.

Figuring out who's behind a hack like this is difficult, and you can never be 100% sure. Maybe Trump is just pulling the China connection out of his ass based on nothing, but it also wouldn't be surprising if he wrote that tweet right after reading an intelligence report which said something like, "There are a lot of indications that it was Russia, but there's a 30% chance that it was an independent non-governmental attacker, and a 20% chance that it was China," and this gave Trump the idea to bring China into his election disinformation campaign. He's done this kind of thing several times before. When you're dealing with liars like Trump, Pompeo, and "leaks from the intelligence community", you can't trust that they're 100% lying, and you can't trust that they're 100% telling the truth.
194  Economy / Auctions / Advertise on this forum - Round 328 on: December 20, 2020, 01:21:42 PM
The forum sells ad space in the area beneath the first post of every topic page. This income is used primarily to cover hosting costs and to pay moderators for their work (there are many moderators, so each moderator gets only a small amount -- moderators should be seen as volunteers, not employees). Any leftover amount is typically either saved for future expenses or otherwise reinvested into the forum or the ecosystem.

There are 10 total ad slots which are randomly rotated. So one ad slot has a one in ten chance of appearing. Nine of the slots are for sale here. Ads appear only on topic pages with more than one post. Hero/Legendary members, Donators, VIPs, and moderators have the ability to disable ads; these people don't increase the impression stats for your ads.

Design & ad restrictions

Ad text may not contain lies, misrepresentation, or inappropriate language. Ads may not link directly to any NSFW page. No ICOs[1], loggable mixers[2], banks, funds, or anything that a person can be said to "invest" in; I may very rarely make exceptions if you convince me that you are ultra legit, but don't count on it. Ads may be rejected for other reasons, and I may remove ads even after they are accepted.

See the ad design rules for info on designing forum ads.

When advertising a new service, you should always check with me in advance whether your service is OK. I will sometimes accept bids of people who don't do this, but such people are taking the risk of being rejected at the last minute. It's also a good idea for you to have me check your ad's HTML+CSS in advance, especially if this is your first time advertising.

Duration

- Your ads are guaranteed to be up for at least 7 days.
- I usually try to keep ads up for no more than 12 days.
- Sometimes ads might be up for longer, but hopefully no longer than 14 days. Even if past rounds sometimes lasted for long periods of time, you should not rely on this for your ads.

Stats

Exact historical impression counts per slot:
https://bitcointalk.org/adrotate.php?adstats

Info about the current ad slots:
https://bitcointalk.org/adrotate.php?adinfo

Auction rules

New members are likely to have their bids rejected unless they PM me first, telling me what they're going to advertise. New members might also be required to pay some amount in advance. Additionally, if you have never purchased forum ad space before, and it is not blatantly obvious what you're going to advertise, say what you're going to advertise in your first bid, or tell me in a PM.

Post your bids in this thread. Prices must be stated in mBTC per slot. (10 mBTC = 0.01 BTC.) You must state the maximum number of slots you want. When the auction ends, the highest bidders will have their slots filled until all nine slots are filled.

So if someone bids for 9 slots @ 50 mBTC and this is the highest bid, then he'll get all 9 slots. If the two highest bids are 9 slots @ 40 mBTC and 1 slot @ 50 mBTC, then the first person will get 8 slots and the second person will get 1 slot.

The notation "2 @ 50" means 2 slots for 50 mBTC each. Not 2 slots for 50 mBTC total.

- When you post a bid, the bids in your previous posts are considered to be automatically canceled. You can put multiple bids in one post, however, like "5 @ 10 and 1 @ 50".
- All bid prices must be evenly divisible by 5 mBTC.
- The bidding starts at 5 mBTC.
- I will end the auction at an arbitrary time. Unless I say otherwise, I typically try to end auctions within a few days of 10 days from the time of this post, but unexpected circumstances may sometimes force me to end the auction anytime between 4 and 22 days from the start.
- If two people bid at the same price, the person who bid first will have his slots filled first.

If these rules are confusing, look at some of the past forum ad auctions to see how it's done.

I reserve the right to reject bids, even days after the bid is made.

Price flattening

At the end of the auction, after the winning bids are all determined, I will do a "price flattening" operation. This has no effect on which bids actually win, but is instead just meant to make the prices actually paid by bidders more equal. For each bid, in order of lowest to greatest price/slot, I will reduce each bid's price/slot to the highest value which is equal to or only the minimum increment greater than the next-lower bid. This allows you to bid higher prices without worrying so much, but you still mustn't bid more than you're willing to pay. Example:

Code:
This:
Slots  mBTC/Slot  Person
    6      200       A
    1      160       B
    1       80       C
    1       80       D

Becomes:
Slots  mBTC/Slot  Person
    6      90       A [step 4: reduced to 85+5=90]
    1      85       B [step 3: reduced to 80+5=85]
    1      80       C [step 2: same as the next-lowest, unchanged]
    1      80       D [step 1: the lowest bid is always unchanged]

Payment, etc.

You must pay for your slots within 24 hours of receiving the payment address. Otherwise your slots may be sold to someone else, and I might even give you a negative trust rating. I will send you the payment information via forum PM from this account ("theymos", user ID 35) after announcing the auction results in this thread. You might receive false payment information from scammers pretending to be me. They might even have somewhat similar usernames. Be careful.

[1]: For the purposes of forum ads, an ICO is any token, altcoin, or other altcoin-like thing which meets any of the following criteria: it is primarily run/backed by a company; it is substantially, fundamentally centralized in either operation or coin distribution; or it is not yet possible for two unprivileged users of the system to send coins directly to each other in a P2P way. The intention here is to allow community efforts to advertise things like Litecoin, but not to allow ICO funding, even when the ICO is disguised in various ways.
[2]: A loggable mixer is a service marketed primarily for improving transaction privacy which accepts full custody of cryptocurrency for a time and has the technical ability to log where the cryptocurrency comes from and goes to (even if they promise not to log).
195  Economy / Auctions / Re: Advertise on this forum - Round 327 on: December 20, 2020, 01:20:57 PM
Auction ended, final result:
Slots BTC/Slot Person
1 15 lightlord
2 15 vertexmarket
4 10 DogecoinMachine
2 10 vertexmarket
196  Economy / Auctions / Re: Advertise on this forum - Round 327 on: December 19, 2020, 07:33:59 PM
aaforward's bids will not be accepted.

Current auction status:
Slots BTC/Slot Person
1 15 lightlord
2 15 vertexmarket
4 10 DogecoinMachine
2 10 vertexmarket


The auction continues.
197  Other / Politics & Society / Re: An american Civil War is invitable here is why on: December 18, 2020, 01:50:08 PM
There's clearly intense division, though it seems more blind tribalism than "conceptional differences of how democrats and republicans make their capitalism." If Trump supported New-Deal-type programs, most of his supporters would go along with it; if the mainstream media said that the best way to address the economic situation would be to eliminate capital gains tax, most Democrats would go along with that. (Democrats' allegence is toward a more amorphous "expert/establishment/media consensus" than any single person.) Similarly, if Trump had won by the same margin that Biden won by, I have no doubt that Democrats would be saying that the whole thing was illegitimate and hacked by Russia, and the Republicans would be calling them anti-American conspiracy theorists. It's clearly problematic for the long-term survival of the US as a unified country when only a minority of people seemingly place much value in nationalism or the rule of law, instead fighting for their tribe above all else.

I think we'll increasingly see all sides using every lever at their disposal to harm the other side: gerrymandering, frivolous court cases, targeted investigations/prosecutions/subpoenas, bad-faith legislative maneuvering, "vigilante justice", etc. This will lead to less and less belief that the rule of law exists or is worthwhile. Instead of people thinking, "I shouldn't do this because it's illegal," they'll think, "I shouldn't do this because it's the type of thing which will cause violence to be used against me by the state and others." The latter mindset encourages disobedience, especially if you're part of the tribe currently in power, since there's not nearly enough law enforcement to actually enforce laws when most people don't abide by them voluntarily. It'll also lead to a vicious cycle of even more tribalism and even less faith in the rule of law.

If anything like a civil war occurs, it'd probably be precipitated by the federal government trying to do something and local authorities of the opposite tribe trying to prevent them from doing so. "Sanctuary cities" are a current example, or you could imagine states trying to protect some or all their citizens from prosecution for certain federal tax crimes, for example. It's very difficult for the federal government as it currently exists to try to force these issues through military action; tons of courts, government officials, people in the military, etc. would fight strongly against federal troops acting against states. This is especially true if state operatives (eg. bureaucrats, soldiers, etc.) remain fairly mixed in tribal affiliation as they are now, and the composition does not become 90% Democrat or 90% Republican. If the federal government can't actually enforce its will militarily, and if this becomes obvious to everyone, then full secession might follow, or the federal government might have to restructure itself to become less powerful, allowing for more localism. (I'd been thinking that if Trump won in 2020, this kind of confrontation might've happened with California.)

If things change enough in government that the federal military could be used with impunity against disobedient states, then I think that the federal military probably just wins at that point, and any idea of federalism is dead. State governments, Guard, and Self Defense forces would be totally outmatched, defeated, and their leadership lost. A guerilla campaign probably could be effective (look at the Middle East, which the US military has still not been able to effectively control despite the local population having far fewer weapons and resources than the American population), but I simply don't think that enough Americans have the spirit for that kind of violent, protracted self-defense. I definitely can't see anything at all similar to the 1861 Civil War happening again, with two organized armies fighting protracted campaigns against each other.

If you're a US nationalist who wants to keep the US together, I think that more localism will be necessary. One major problem is that people in California have incredibly different cultures and politics to people in eg. Alabama, to the point where it can never be reconciled. Instead of trying to reach a national compromise between two irreconcilable policies, or trying to enforce your policy through political maneuvering, you should accept that Alabama can ban abortion while California simultaneously has its own universal health care, for example. The US political culture would have to change to accommodate that kind of view, which doesn't seem likely right now, but maybe that could change. A few decades of deadlock in congress along with a string of unpopular presidents from both parties might move politics in that direction.

Another major problem is that people are increasingly living in bubbles of lies. Many Democrats legitimately believed that Trump was Putin's puppet, while many Republicans legitimately believe that Trump only lost the election through massive voter fraud. This problem seems to be caused by the overall concept of social media (ie. not the policies of any specific platform, but just the ability of people to silo themselves into addictive bubbles of only very-like-minded people, and the weird effects that these online interactions have on the human brain), and I'm not sure how to fix it, though it is an important problem which we should be thinking about. Usually as an ancap I like to see established systems breaking down, but even I find it worrying that maybe something like 60% of people (regardless of political ideology) subscribe to several insanely stupid ideas which they've grafted onto their identities such that it's very difficult for them to change their minds even in the face of overwhelming evidence to the contrary.
198  Economy / Auctions / Re: Advertise on this forum - Round 327 on: December 18, 2020, 01:21:19 PM
2 @ 20 мБTC

aaforward informs me that he made a mistake with this bid; it should be ignored. I'm also not sure at this point whether aaforward's future bids will be accepted, as I need more info from him.

Current auction status:
Slots BTC/Slot Person
1 15 lightlord
4 10 DogecoinMachine
4 5 lightlord


The auction continues.
199  Other / Politics & Society / Re: The Kracken! on: December 16, 2020, 09:53:51 PM
Would they? I thought electoral vote counting objections are voted on by each chamber separately via simple majority.

Looking into it more, I think that I was wrong and you're right about that. It seems that both chambers have to first agree to accept an objection, which the House won't do under Democratic control. (Or maybe Trump will promise Medicare for All to get some Dem defectors? Wink)

There may still be some doubt. I heard an interview with an unbiased legal expert on C-SPAN a while ago who seemed uncertain what would happen if there were objections and eg. Pence started playing games in the joint session.
200  Other / Meta / Re: BITCOINTALK FORUM NEEDS A DEFI SUB-BOARD on: December 16, 2020, 08:41:07 PM
Unlike much of the ICO stuff from a few years ago, I think that some of the yield farming stuff may have long-term legs. There's a global search for yield, and the fact that you can get substantial yields through crypto is drawing a lot of interest. This may in fact be part of the reason behind the recent BTC price rise.

Even though the yields paid by CeFi services such as BlockFi seem insane, it's actually reasonable due to the high demand and low supply of liquidity, especially in BTC, but also in stablecoins. Your instinct may be to see 6% interest or more and immediately assume that it's a ponzi, but I don't think that this is likely, at least for the major services. I do think that the risks are often underestimated: you're trusting the service itself not to get hacked and not to make stupid trades and go the way of Lehman, and if you're holding stablecoins, you're also trusting the stablecoin issuer.

In addition to dealing in liquidity, some CeFi services are able to offer things like "60% APY" witithout being a Ponzi by implementing something like a covered call options strategy for you, allowing you to sell the unknown and possibly huge ???% upside in BTC's price for a guaranteed lump sum while still holding onto all of BTC's downside risk. They then just market this lump sum options premium as a large "APY".

It seems plausible to me that you could do lending platforms and automated market makers in a decentralized way, and it's probably reasonable for these to provide pretty high yield in return for you providing liquidity. If these things could be done in a decentralized way, that would be very cool, very additive to the cryptocurrency ecosystem, and important for Bitcoin's wider purpose of creating a separate non-fiat economy. However, I haven't looked into the current attempts much at all, and I don't know if anyone has actually achieved anything even approaching real decentralization here. In any case, there are huge risks that the collateral coins fail due to counterparty risk (eg. with stablecoins) or technical risks (eg. 50% attacks). The automation could also be flawed in some way which causes losses.

Staking on any cryptocurrency that is not already established for other reasons aside from staking is super risky. That's basically a sort of ponzi scheme, because although you're going to get the promised nominal amounts of cryptocurrency, everyone is just playing a trading game where everyone attempts to extract as much real value from everyone else participating, with no actual real value being added. (Often these are combined with ICO-type promises of ways that real value could actually be added someday, but in 99% of cases it's total nonsense.)

When I look at something like https://harvest.finance, I'm very confused at how all of these tokens such as FARM and CRV work and interact, how decentralized each component is, what "governance" exists in the tokens, and what risks you're exposed to... My intuitive guess is that every component is actually pretty centralized even if it pretends otherwise, and the end result is quite risky, probably more risky than even the high yields warrant. But I haven't researched it.

If there are several fundamentally-sound, long-term-viable decentralized market making and lending systems, then I think that a DeFi section may actually be warranted, since this sort of thing could be important going forward. Maybe the section for this would go under Dev&Tech and be one of the more serious ones. Are there any actually-serious DeFi systems running? Separately, although I think that it's less valuable, there may be enough buzz around "yield farming" that a section could be warranted for discussing that, maybe under "Altcoin Discussion" and focusing on all strategies for making money via centralized and decentralized yields, discussion of the various risks, but not including announcement threads for specific tokens/services.
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 ... 416 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!