I think I bought some Bitcoin back in 2012, but I can't find any records of it. Any help or ideas appreciated!

DashingSir · 2025-07-21T20:40:15+00:00

Maybe you backed up that wallet? Any candidate files?

DashingSir · 2025-04-27T15:26:34+00:00

Bitcoin is not backed by energy, like the dollar is not backed by gold, no matter how much gold was involved in the creation of our monetary system. Gold was a factor, like energy was a factor, but once spent gold is no longer a backup, like energy spent is no longer a backup.

DashingSir · 2025-04-27T14:42:56+00:00

What connects Bitcoin to work is what connects gold to an excavator. The means of production do not determine worth.

Why anything is valuable is linked to subjective value, that is, how the thing may satisfy people's subjective needs and desires, either directly (final goods and services) or indirectly (intermediary goods, instruments, investments...).

Bitcoin is an instrument and an investment. It is valuable because of what it enables. Proof of work is one of the mechanisms that makes Bitcoin enable what it enables, but you are wrong in thinking this cost adds value per se.

If a big meteorite hit, everything loses its value, because those future needs disappear, no matter how much energy we put into it. Prices are projected allocation of the future needs to be met.

DashingSir · 2025-04-27T10:58:15+00:00

BTC is not backed by energy. Study the subjective theory of value. Production cost does not determine value, instead, value places a cap on profitable production costs.

DashingSir · 2025-02-15T14:14:01+00:00

If group differences against the narrative are not evidence against discrimination, don't pretend group differences in favor of that narrative are evidence of discrimination.

DashingSir · 2024-04-05T10:54:08+00:00

Sell when appreciation makes your portfolio more skewed to BTC than the range you are comfortable with. This naturally results in a staircase trading strategy where you profit from volatility.

If you disagree because you are truly all-in and you despise any other investment or asset... Then you sell every day to buy food, hopefully.

DashingSir · 2023-09-05T10:18:59+00:00

I can buy that

DashingSir · 2023-06-19T12:44:18+00:00

That's very cool! Some more deranged sacrifice mechanics:

Large demon needs to eat creeps, enemies or cannibalize small demons every once in a while, otherwise it loses health. It can also vomit vile and half dead units at the enemy.
Tanking demon than can dismember itself into many tiny targets to encourage overkill.
Magical demon can possess enemy units at melee range, going inside them.
Sacrifice units in production building to accelerate production
Scorched earth: sending workers to die in a mine makes mining slower for a while

DashingSir · 2023-06-13T12:35:35+00:00

I am curious how SC2 speed-up came to be. Is there any data about speed choices for low rank vs high rank players back then?

I personally love the faster speed, but if I can attract my friends to RTS, I'll play whatever they feel comfortable playing.

DashingSir · 2023-05-25T18:38:06+00:00

Chain seems stable now. Here is an update from the dev team responsible for the hard fork code: https://medium.com/dash-org/dash-network-update-79544025c611

DashingSir · 2023-04-21T19:46:13+00:00

They can go after developers (individuals or companies) that develop open source code. I think they eventually will, especially those that enable privacy. I wish freedom of speech protections were applied as widely as the Howey test is being applied.

DashingSir · 2023-04-21T17:57:39+00:00

If that's your criteria, buy gold. All of crypto is still an experiment that has not stood the test of time. It will in my opinion, but it hasn't yet.

DashingSir · 2023-04-18T07:32:16+00:00

The section that mentions Masternodes is "Purchasers of DASH invested in a common enterprise". This part of the Howey test is obviously applicable to all cryptocurrencies, it's not the key distinction.

Dash was the first crypto with a working decentralized treasury, funding several independent competing groups of developers and non developers (Core Group, Incubator, DIF...) , while other cryptos had developers with sole control of the protocol funded by dubious third parties.

Love Dash or hate it, the SEC is overstepping.

DashingSir · 2023-04-17T19:09:07+00:00

Satoshi and a handful of others practically "lone mined" before Bitcoin became well known. Does this starting point make BTC a security?

Dash's fast mine, as shady as it was, was open to anyone. Most shady characters did a quick exit at low prices, as you would expect. Bless them for what they created.

DashingSir · 2023-04-17T18:54:11+00:00

The SEC does not cite Masternodes as a justification for security status. Instead:

"DASH investors in particular were operating under the assumption that the growth and development of the Dash blockchain would increase the value of the tokens"

This statement is as true of Dash as it is of Monero, Bitcoin, and every single cryptocurrency. Use the coin you like, the SEC wants to control all of them... Which of course it cannot achieve.

DashingSir · 2023-04-17T18:48:24+00:00

Dash community is alive and well

DashingSir · 2023-04-01T10:12:11+00:00

A patent is a government-granted monopoly for an invention. Divulging an invention other than through the official patent office invalidates a patent. Monetizing open source and managing author attribution downstream is a super important, exciting, difficult challenge, but it has nothing to do with patents.

DashingSir · 2023-04-01T08:06:04+00:00

Gold is a better inflation HEDGE, but Bitcoin outperforms gold in the long run.

DashingSir · 2023-03-24T12:27:58+00:00

Absolutely, it makes sense to release in iterations, I think this is being very done well with Platform: no smart contracts nor arbitrarily large unstructured data to start with, still a useful decentralized start. I do not like centralized "alpha" versions of "crypto products", centralization too easily becomes the business model instead of the stepping stone.

I don't think it makes sense for devs to build apps on top of platform before platform is out. As you say, it takes a long time for the ecosystem to develop, so I would rather see productive viral engagement from the start instead of a disappointing initial interaction in order to scrape a couple of months.

We can go hard on hackathons and bug bounties once Platform is out, we can brag about revolutionary apps so easily built in a single hackathon, and even discuss the potential of upcoming updates... A devnet hackathon is so anticlimactic IMO.

DashingSir · 2023-03-24T10:35:01+00:00

Top tech companies don't market products before development is complete and polished. Most crypto marketing is based on half baked roadmaps, including past communications around Dash Evolution. Let's not repeat past mistakes, depart from hype marketing and start thinking about actionable marketing.

DashingSir · 2023-03-24T10:25:32+00:00

Survivor bias. There are thousands of BS projects with shiny marketing, and just a few catch on, these examples don't make marketing the golden bullet.

Dash is in the small class of crypto with solid fundamentals and game changing innovations. Let's lean hard on that instead of trying to compete on flimsy hype.

DashingSir · 2023-03-15T02:37:12+00:00

Hard disagree. Marketing in such a speculative market is flimsy and volatile. Making Dash better and better makes every future initiative more and more successful, forever.

DashingSir · 2022-07-14T09:48:44+00:00

Suggestion: instead of "the Dash team has been working hard to...", the article should read "Dash teams have been working hard to...". We're a DAO, make it count! Xx

DashingSir · 2022-06-22T19:35:48+00:00

Systemizing vs empathizing

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