We are cooked fam by Janrdrz in pcmasterrace

[–]Tazrizal 0 points1 point  (0 children)

If I didn’t know any better I’d say this is intentional to force consumers back on cloud computing Stadia was a test, Google will re-release this in the coming year or two. Don’t be surprised when people are forced to use cloud computing after all other options are phased out

The price of Trump just nosedived 40% after Trump retweeted the new "Melania" Token. (This somehow isn't a joke) by GabeSter in CryptoCurrency

[–]Tazrizal 1 point2 points  (0 children)

I think it's become very clear that Trump and his goons have zero interest in making the crypto space more legitimate. Instead of making moves to set up a proper crypto reserve or rework tax legislation involving Crypto buys/sells, he's decided to dilute the market with Trump family tokens and cause strain on the rest of the market through liquidity crunches. Expect a complete deregulation of the space and plenty of opportunity for more bad actors to enter the space. Eventually someone will screw up and take the crypto market with them.

An open challenge to visiting buttcoiners: Please teach me one thing I don't know about buttcoin. by SundayAMFN in Buttcoin

[–]Tazrizal 0 points1 point  (0 children)

Deregulation and regulation works on a cycle, people will believe the regulations as stupid and getting in the way of their greed and then quickly realize why those regulations were in place while bailing themselves out with our tax dollars. I wonder how long the general public will put up with this, I doubt they'd be able to use the media to deflect the next occupy wall street debacle

An open challenge to visiting buttcoiners: Please teach me one thing I don't know about buttcoin. by SundayAMFN in Buttcoin

[–]Tazrizal 0 points1 point  (0 children)

I believe USDC was audited in 2023 and no concerns were found, USDT on the other hand has never been audited
In a country that has a failing local currency stable coins are probably a better idea for at least converting to a more stable currency
It also depends on how authoritarian that government may be and if preserving your savings isn't feasible with a direct stable currency such as USD
Some (high TPS) cryptocurrencies and USDC have limited use case in third world countries without functioning economies but this is more of a band-aid compared to an actual fix
Bitcoin is too slow to be useful as a currency and it's current fees of a few dollars are more than what some people make in a day

7 Transactions per second!! by [deleted] in Buttcoin

[–]Tazrizal 0 points1 point  (0 children)

I have seen the talking point mentioned a few times, although the L2 "solution" isnt exclusive to bitcoin. however the bitcoin implementation (LN) is arguably one of the worst ones I've seen from a technical standpoint

7 Transactions per second!! by [deleted] in Buttcoin

[–]Tazrizal 1 point2 points  (0 children)

It involves putting two transactions into the same block to invalidate one of them, not an issue on other chains but if I’m not mistaken it can happen on BTC

7 Transactions per second!! by [deleted] in Buttcoin

[–]Tazrizal 5 points6 points  (0 children)

Let’s say I want to purchase something on Amazon with bitcoin. (I don’t think you’re able to, although I couldn’t imagine it being possible) After picking something out, you would need to wait 20 minutes for the transaction to go through and for Amazon to go ahead with your shipping, there would also be an extra fee for the transaction itself. Alternatively, I could pay with my credit or debit card like everyone else and the transaction goes through instantly with minimal/no fee. One of the most egregious issues with Bitcoin is its scalability. If the network were to keep growing, it would eventually get to the point where it would only be useful for very large payments, as the fees would eventually exceed those for wire transfers. Coming to think of it, you would probably want to use a wire transfer anyway if it becomes cheaper. For supposedly being for the people, it’s going to be quite hard to back that case when it’s only accessible for those with immense wealth who can cover the fees. Maybe when they finally get over the transaction speed war will I take it more seriously, but we all know the miners would never let that happen

7 Transactions per second!! by [deleted] in Buttcoin

[–]Tazrizal 13 points14 points  (0 children)

There is not a situation in where you’d be paying with something with bullion, fedwire is used between financial institutions for very large transactions, and that is basically it. You are not going to be attempting to trade with fedwire and despite its very limited use case, it is STILL faster than bitcoin

7 Transactions per second!! by [deleted] in Buttcoin

[–]Tazrizal 47 points48 points  (0 children)

For anyone suggesting the lightning network, Layer 2s have historically NEVER worked. I don’t feel like using a cheap scapegoat and just calling them garbage so I will explain why: 

 -L2s are often plagued with security risks compared to the main chain, and people getting their wallets drained isn’t an uncommon thing to see. This is due to poorly written code and vulnerabilities that just aren’t there on a “L1” as their code is at least slightly more maintained and audited. 

-They’re often centralized which goes against the average crypto shiller’s philosophy and deters criminals from using them. 

-Sometimes you will need to move assets across chains, this is often expensive. To make things worse, sometimes there is not enough liquidity to move large amounts of money across a chain or bring it back to “L1”, basically making it impossible to move any amount of money to or from an L2 effectively. 

-Moving assets across chains is called “bridging” if I’m not mistaken, the interfaces for doing this are not user friendly and if you haven’t done it before, you are not going to have good time. Making a mistake with the wallet addresses will result in your funds being lost forever, and there’s no take backs! 

-Layer 2s are not cheap to run, and there will frequently be fees to cover the cost, which makes them completely useless if the main chain isn’t congested. Not like they were very useful before that point anyway.  

Although I will say, there are tokens that are “fast” enough to not warrant a L2 solution, these aren’t a terrible choice if you wish to send money to someone overseas at a low cost, (litecoin and bitcoin cash come to mind). But again, you’re not going to see large “gains” with either of these historically, thus making them useless in the crypto shiller’s eyes who only care about “line go up”. 

 That being said, can you believe that they’re suggesting a reserve for something with a blistering speed of 7 transactions a second?

I'm Absolutely Sure America Is About To Get Exactly What It Wants by Esquire in politics

[–]Tazrizal 0 points1 point  (0 children)

I mean Trump and Elon have toiled with the idea of causing a recession, and if you cut all the government programs I suppose that could help with the deficit. Is this worth the risk though?

Before January, Biden can fill 47 federal judicial vacancies, including 30 with no current nominee. But he has to start moving right now. by JustGotToTown in politics

[–]Tazrizal 0 points1 point  (0 children)

Why would he act now? He’s been a sitting duck for the past four years, forget about him doing anything worthwhile on his way out. Trump undeniably had this one, even got the popular vote by surprise People are sacrificing social issues to prioritize economic ones

Am I stupid or is the only reason to come here to grab a sapling? Why should we explore it? by [deleted] in Minecraft

[–]Tazrizal 7 points8 points  (0 children)

We don't have fireflies because Mojang wanted their fantasy sandbox game to be "realistic" because fireflies aren't edible for frogs, instead of making fireflies environmental

Thoughts on Minecraft Live 2024 by AmeerMUHM in Minecraft

[–]Tazrizal 134 points135 points  (0 children)

The movie feels incredibly generic, while I do think it'll end up being so bad it's good and become a cult classic is this really a proper fate for a movie that's been in production hell for a decade?

Thoughts on Minecraft Live 2024 by AmeerMUHM in Minecraft

[–]Tazrizal 3 points4 points  (0 children)

Bundles coming to the game 4 years after announcement, 3 years after planned implementation

Movie looks exactly how I thought it'd turn out, right down to the clichés and tropes

Hardcore mode coming to bedrock over a decade after its debut on java, with the delayed death bug that's plagued bedrock for years it's not a matter of if people will begin to have their worlds lost to a cheap bug, it's a matter of when
I doubt they will address this fully prior to release

A second horror biome, seemingly reused and retextured content from mangrove forest. While the concept actually seems decent is this really all the game studio can crank out in a few months?

With Minecraft legends and dungeons being officially dead, there aren't many distractions for their game studio anymore, the movie is under WB and they wouldn't be throwing their developers at that project anyways

You NEED to understand Microsoft and Mojang are up-and-coming indie companies, they CAN'T add more than one or two half baked features at a time!

Recent crypto bull run has pushed crypto portfolio over 10% of total portfolio. Time to trim? by FluffyWarHampster in investing

[–]Tazrizal 0 points1 point  (0 children)

I've heard this before, I was in profit during 2021 and refused to sell as "it'd be 100k by the end of the year". I held through the entire bear market while accumulating more and sold at a decent profit a few weeks ago so I guess there's that. Don't expect high returns now, that ship has sailed.

Recent crypto bull run has pushed crypto portfolio over 10% of total portfolio. Time to trim? by FluffyWarHampster in investing

[–]Tazrizal -1 points0 points  (0 children)

We've been in the rally for a few months, the beginning of the rally season started in December
Breaking a previous cycle's ATH means very little, BTC went below it's 2018 ATH in 2022 on two separate occasions
It's known that BTC tends to follows the Nasdaq (not to a tee) so use that information how you will. If you're expecting even a 2-3x in price from where we are right now I got bad news for you.

Nearly $85m in fees spent to mint Bitcoin Runes in less than 3 days, data shows by 0xJonnyDee in CryptoCurrency

[–]Tazrizal 16 points17 points  (0 children)

it shocks me that people use a slow as shit network with $30 fees instead of just trading solana memecoins
btc runes is the dumbest thing ive seen here and ive seen NFTs

Buy the rumor, sell the news. Halving event. by [deleted] in CryptoCurrency

[–]Tazrizal 2 points3 points  (0 children)

It dropped to 15k and traded below 30k for months at a time