phoenixz

joined 2 years ago
[–] phoenixz@lemmy.ca 4 points 2 weeks ago* (last edited 2 weeks ago)

As powerful as it is, it's still bound by laws of physics and all. They need to go there, setup camp, plan, execute, etc.

The US Army is strong, sure, but it ain't a god

[–] phoenixz@lemmy.ca 2 points 2 weeks ago (2 children)

That's the sound of the joke going over your head

Search for Hawk Toah girl

[–] phoenixz@lemmy.ca 2 points 2 weeks ago* (last edited 2 weeks ago)

Pussy! Teach your kids some basic ducking and covering!

[–] phoenixz@lemmy.ca 4 points 2 weeks ago

Oh sure. Everyone deserves the trial that they didn't wanted to give to others because we are better than them, we WILL give them the rights they denied to others

[–] phoenixz@lemmy.ca 17 points 2 weeks ago (3 children)

They are inherently bad. By design.

At the very basic level, everybody needs to execute eachothers transactions. This means that if a billion wallets make a single transaction that you end up with 10^18 transactions being calculated. To call it inefficient is the understatement of the year.

This, incidentally, is also the reason why the wallet data file is just ridiculously stupidly enormously big. I've been out of it for years now (minus the bit that I'm using now as an investment) but a real Bitcoin wallet required terabytes of data

All this culminates in Bitcoin using more electricity than a modern country to support a tiny fraction of the world's financial transactions, something you might want to think about with climate change and all.

[–] phoenixz@lemmy.ca -1 points 2 weeks ago (2 children)

None of that is "by design" its just the result of an unstable system. Crypto sucks for a long list of different reasons.

[–] phoenixz@lemmy.ca 3 points 2 weeks ago (2 children)

Crypto is not a scam, it's just plain stupid.

The entire idea behind it is what a third grader might come up with and think it's a great idea. It's not.

It literally requires every connected wallet to process the same transactions as everyone else. Can you imagine doing billions of transactions per day this way? It is extremely inefficient and yes, this is one of the reasons why even the relatively low amount of transactions that Bitcoin processes costs more electricity than a small modern country.

It's in a way comparable to a cpu doing 6+7 in a single CPU cycle whilst AI needs to burn down a forest to answer the same question

Crypto is stupid.

I get what its trying to replace and i agree that the current system sucks as well for a long list of reasons, but crypto is NOT the solution. A fundamentally different system must be designed to be able to solve the issues that crypto is trying to solve

[–] phoenixz@lemmy.ca 45 points 2 weeks ago (1 children)

Any organization called "blah blah shield" is telling you that it's a piece of shit organization

[–] phoenixz@lemmy.ca 11 points 2 weeks ago (7 children)

I hate crypto and the entire technology behind it is embarrassingly stupid but ngl, I bought Bitcoin as an investment and it was not a bad idea so far. Even if it falls to 50% of its today value before I pull out I'll still have multiples of what I invested.

Not trying to goad anyone into doing the same, just saying that I'm trying to make something good out of a bad situation

[–] phoenixz@lemmy.ca 2 points 2 weeks ago

The US armed forces might want to have a word about this tho

[–] phoenixz@lemmy.ca 12 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

is an ~~environmental~~ all encompassing disaster for ~~children~~ pretty much everyone alive

FTFY

[–] phoenixz@lemmy.ca 7 points 2 weeks ago

And that list isn't even complete

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