jdeath

joined 1 year ago
[–] [email protected] 17 points 9 months ago

because they aren't a smelly nerd ig

[–] [email protected] 4 points 9 months ago

awesome. google ruined the internet, would be great for them to face an existential threat

[–] [email protected] 2 points 9 months ago

yeah to buy apps on their app store you make an account. maybe you could side load without it but haven't tried

[–] [email protected] 1 points 9 months ago (1 children)

still way too much hype over ripoffs and projects that go nowhere. same with ai, its just the buzzword du jour that slick talkers sprinkle in to sound smart

[–] [email protected] 1 points 9 months ago

i don’t think that is what they meant. is that a strawman you’re slaying?

[–] [email protected] -2 points 9 months ago

yeah they've done great with inflation so far! lol

[–] [email protected] -3 points 9 months ago (1 children)

the shadowy cabal of a few rich people is called the Fed, it's privately owned by all the banks. there is no democracy in the existing system

[–] [email protected] 4 points 9 months ago (2 children)

that's... not how that works. all you can do with 51% is possibly double-spend whatever coins you already have. or undo some transactions.

so you submit a transaction, then use your extra 1% of hash power to mine a new block that says you didn't actually spend it. at the same time you need to trick somebody else into believing you actually did send the coins, and take their stuff you "paid for." then after you have the stuff, you can submit the block that doesn't have your transaction in it. Voila, free stuff and you didn't spend your coins.

it does not enable you to mess with other's balances. other than possibly reversing some transactions. you would need the private keys to their wallets to take their money. and if you have those, you don’t need 51% of the hash power, you can just take the coins with 0% hash power.

[–] [email protected] 15 points 10 months ago (2 children)

is there a non-shitty alternative to use that anyone could recommend? would be really interested.

[–] [email protected] 1 points 10 months ago

just an index fund is all you need.

[–] [email protected] 3 points 10 months ago (2 children)

I'm not sure if people here realize this, but the interest from $10m is approximately four to eight hundred thousand dollars per year.

So, with ten million, one could instantly retire and never ever have to work again.

That's priceless freedom to me, and it wouldn't require deleting almost all of my friends, relationships, experiences, and who I am.

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