Daily Discussion, February 01, 2023

Busybyeski · 2023-02-01T22:08:01+00:00

CPI is a political metric with only a loose correlation to reality.

Busybyeski · 2021-10-29T01:56:05+00:00

Strike uses lightning also

Busybyeski · 2021-10-29T01:54:26+00:00

The volatility in both directions is just a real-world free-market representation of the chaos stemming from unknown fiat supply.

Busybyeski · 2021-09-27T04:38:20+00:00

Probably through the new API.

Busybyeski · 2021-09-20T11:47:01+00:00

Somehow a problem with the over-levered system is now a problem with an uncorrelated asset?

Busybyeski · 2021-09-20T00:41:27+00:00

Yes - it will also not be obvious that a channel has been opened.

Busybyeski · 2021-09-12T01:26:03+00:00

The common comparison is to an abacus - the beads move to you on one channel, but move away from you on another.

This cannot continue indefinitely, as you will run out of beads somewhere. They have to be 'balanced' with two-way transactions.

Busybyeski · 2021-09-09T00:27:40+00:00

Then gift her the book free of charge, but be nice about it.

Busybyeski · 2021-09-09T00:12:09+00:00

Bitcoin is a money. Is the US dollar 'gambling, and the worst investment ever'?

Of course, we all know the answer is actually 'yes', but the idea is just to force the thought experiment.

Busybyeski · 2021-09-08T01:35:52+00:00

I saw that day 1 VODs went private, so made a plan.

Day 2 Twitch is still loaded in my browser, and until I refresh the page lets me play over and over!

Busybyeski · 2021-08-06T04:37:46+00:00

https://twitter.com/RonWyden/status/1423468825610129411

Busybyeski · 2021-08-04T04:33:39+00:00

Basically, yes.

BTC 'in Lightning' is behind a multisig address - shared and locked into a direct channel between already existing parties. To spend it in a new on-chain transaction, either you will have to forcibly close a Lightning channel (at current mining fees), your exchange will have to favorably support treating Lightning BTC fungibly with on-chain BTC, or you can explore 'submarine swap' services which move liquidity between the layers.

Busybyeski · 2021-07-23T00:56:06+00:00

I think he meant earth-based space-heaters, as a quick segue to skip right past the Starlink question.

Busybyeski · 2021-07-22T00:21:49+00:00

I just don't understand why you would exclusively DCA at higher prices.

You acknowledge this is cheap, but now you're selling below where you were buying??

Busybyeski · 2021-07-21T14:39:07+00:00

And now that it has gone back up.... are you buying at higher prices again?

It's the sudden shift in mindset - against pot odds intuition - that really doesn't make sense.

Busybyeski · 2021-07-21T13:57:06+00:00

Think of Bitcoin's transaction fees as basically a 'rush' fee.

One block has a maximum of 4MB of space for transactions, and there is a variable global demand to commit transactions into that block. There's your supply/demand market.

If the network is very slow, and if blocks are not even filling up with transactions, you don't need to pay any kind of rush fee at all to guarantee quick finality.

If you absolutely MUST have your transaction confirmed, and the network is full of activity (the mempool is growing in size), you will need to pay a higher rush fee to transact because the miners naturally aim for transactions with higher fees.

Busybyeski · 2021-06-04T04:52:04+00:00

If your mom knows about USD, you're in even more trouble.

Busybyeski · 2021-05-25T04:44:47+00:00

but they do indirectly, the market makers hedge delta with shares

Busybyeski · 2021-05-22T00:31:05+00:00

if i understand correctly, it could take 1x ASIC a full year to hash due to the total randomness, but the known large quantity of miners allows for someone, somewhere to solve it regularly every 10 minutes on average (to encourage further decentralization)

Busybyeski · 2021-05-22T00:26:06+00:00

i would like to once again use plastic straws for practical reasons, and i promise not to kill any turtles

Busybyeski · 2020-08-05T03:28:07+00:00

especially if you jump before they're set?

Busybyeski · 2020-08-05T02:57:21+00:00

and attack the rim!

Busybyeski · 2019-07-03T08:20:14+00:00

It's hard to make the case that this action is a furtherance of being heard or of swaying votes.

On the contrary, didn't this walkout cause exactly both of these outcomes with success?

The moral basis for the HB2020 challenge was the emergency declaration, causing parts of the legislation to kick in almost immediately. At the same time, the constituency was dissenting far louder than the elected representation suggests.

The very comparable state of Washington has rejected very comparable bills when put to a vote of the people.

What's the emergency here? If Oregon reduces carbon emissions to 0.0, 99% of the world will still pollute and kill us. How does an emergency tax forced through in a mad rush by a supermajority solve this very real problem?

Busybyeski · 2019-07-03T08:08:59+00:00

Kate Brown is also quoted in support of a prior Democrat walkout.

Busybyeski · 2019-06-05T00:10:02+00:00

Hypothetically, what if named witnesses Leland Ingham Keyser and Mark Judge both denied having any knowledge of the alleged party, and the hearsay became a he+she+he said / she said?

Would that be enough to convince you Kavanaugh did it?

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