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Joined 3 years ago
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Cake day: June 12th, 2023

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  • BleystoMicroblog Memes17 years*
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    2 months ago

    If there’s a low barrier to entry then you’re just reinventing POW because someone can run as many nodes as possible with minimal stake in order to maximize returns. Can you give an example of one successful “fixed rewards” Crypto coin?



  • BleystoMicroblog Memes17 years*
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    2 months ago

    “Internal use only” blockchain is an oxymoron. If all contributors are trusted entities, then what does it matter if the data is stored in a blockchain vs any other data structure? If anything the amount of extra work to maintain and modify the blockchain in the case of errors just makes it unnecessary.

    If that’s the best example of its many “valid, valuable use cases”, then it’s still a pass from me, dawg.


  • BleystoMicroblog Memes17 years*
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    2 months ago

    The only alternative to proof of work is proof of stake. And if the world ever ran on proof of stake crypto, it would make today’s wealth inequality look like a Marxist paradise.






  • BleystoScience Memes@mander.xyzIt's barely a science.
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    2 months ago

    The global economy is definitely not being run by economists or anything particularly close to prescribed economic principles. Most countries are being run by some combination of authoritarian and/or populist governments whose economic policy is crafted to benefit either a small ruling class, or to win elections (voted on largely by people who don’t understand economics).

    The most obvious example of this is the United States, which is the single largest national economy, and which keeps instituting tariffs despite “tariffs = almost always bad” being one of the first and most foundational tenets of macro econ.



  • From the article:

    Vaughan was surprised to find it was often the technical staff, not marketing or sales, who dug in their heels. They were the “most resistant,” he said, voicing various concerns about what the AI couldn’t do, rather than focusing on what it could. The marketing and salespeople were enthused by the possibilities of working with these new tools, he added.

    Not surprising the people with technical skills that aren’t actually replaceable by LLMs would be against forced AI adoption. Good luck maintaining a code base created with vibe coding. Meanwhile the CEO probably looks at ChatGPT and realizes it could basically do everything he already does (write emails and make high level decisions without actually having to worry about their implementation) and then incorrectly thinks it’s the case for everyone else.



  • BleystoMicroblog MemesWhat a way to ring in the new year
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    3 months ago

    Youth vote turnout is always low, and it still net favored Kamala. Conversely Gen X vote participation was significantly higher, as expected from an older generation, and it was significantly more favorable to Trump.

    I’m not saying Gen Z’s right wing shift isn’t concerning, but it’s more a future problem. The 2024 election result is owned primarily by Gen X and Boomers (and Gen X more than Boomers, statistically).