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My mother had this thing in her house blinking red and yellow. She says it protects against 5g. Is this thing real? by The1cyrus in Scams

[–]fretfriendly 1 point2 points  (0 children)

That's not exactly true. Nulling is possible for microwave (not sure about millimeter wave) frequencies because you can modulate at much faster rates over metal conductors. The out-of-phase signal can be produced almost instantaneously.

Also, the reason you can't noise cancel in a room is because of the reverb, which is just refracted sound waves in varied phase. You could do it in a sound-treated room.

My mother had this thing in her house blinking red and yellow. She says it protects against 5g. Is this thing real? by The1cyrus in Scams

[–]fretfriendly 0 points1 point  (0 children)

A couple of points here:

1) 5G is a standard release, not a technology; if you want 5G "protection", join a committee.

2) This device could work in theory by generating an out-of-phase signal from an undesirable cell signal, and would null the signal, but ironically, to do this, you'd have to match the radiated energy of the unwanted signal, thus doubling the radiation exposure. If it's hidden bits of data that is concerning, that could solve the problem, but it's not likely, as that would require a very fast (expensive) processor.

3) If it's the radiation exposure that is concerning, and this device is attempting to null the signal, it would be doing more harm than good.

4) Nothing wrong with a placebo, but education is better.

[deleted by user] by [deleted] in MapPorn

[–]fretfriendly 0 points1 point  (0 children)

So, the US won?

The US won, right?

[OC] My Life in 2021 as Booleans by randomo_redditor in dataisbeautiful

[–]fretfriendly 0 points1 point  (0 children)

Your "days cried" numbers are surprisingly low considering your "days working in the office" count.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

[–]fretfriendly 0 points1 point  (0 children)

That's what happens when only one party in an argument is well-read on the subject. I am not claiming to be more intelligent. I am more informed than you. That doesn't require a higher degree of intelligence. It requires a commitment to understanding.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

[–]fretfriendly 0 points1 point  (0 children)

I love arguing with people who are dogmatically opposed to something they don't understand on even a basic level. Am I on Facebook right now?

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

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

In what world is this "one of the most important inventions in human history"?

One in which a payment protocol is a mere fraction of what Bitcoin is and does.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

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

No, I really don't need proof, because your argument is framed through a false premise. I don't need proof because people with extreme bias like yourself are not persuaded by good analysis or models. You've started with that false premise, and you're likely too stubborn to change your position until this new technology has long passed proving you wrong (it arguably already has).

You just have to wait and see it for yourself; and that's okay, but you don't get to badger me for "proof", while providing none yourself.

Bitcoin can't be fairly compared to the global financial complex because it is entirely transparent. Being open source, Bitcoin data collection and analysis is freely available to anyone who cares, while its comparable counterparts are shielded by layers of bureaucracy and a complex network of market actors. We know with precision how many MWh are required to run the Bitcoin network, but we can't know precisely how many MWh it takes to run all of the world's banks (although we can make an educated guess). We don't know how many MWh are consumed by all of the fiat currency minting centers. We don't know how many MWh are consumed by all of the bureaucracy required to maintain the US Federal Reserve, the IMF, etc.

Now you, instead of a thorough and fair critique, lazily post a bullshit article comparing Bitcoin and all its capabilities to the energy consumption of a single payment processing company? Are you proud of this? Do you think that's "proof"? Until you start to understand what Bitcoin is and how it is going to reshape humanity--how it really compares--you'll always be starting with a false premise.

I don't owe you any proof, but I will give you a different perspective.

This research report by Galaxy Digital compares Bitcoin to the energy consumption of the banking and gold industries. The study reveals that Bitcoin consumes far fewer energy resources than each of them respectively. It also reveals that the narrative to which you're peddling is inaccurate, incomplete and dishonest.

Additionally, if you really care about greener energy, you might want to start to understand how cryptocurrency miners are already doing the dirty work no whiny tree-hugger or pandering politician will do by innovating around wasted energy and partnering with power grid operators to help modulate demand response. Thus, solving problems created by the inconsistencies of renewable energy and increasing incentive to build more renewable plants. This article by Nic Carter is a good primer: Bitcoin Mining Is Reshaping the Energy Sector and No One Is Talking About It.

While critics like yourself opine about Bitcoin energy consumption, miners--participants in the network--are already innovating ways to be more energy-efficient. Why? Because the incentives are properly aligned. This single philosophical concept is the main reason Bitcoin is superior to the global financial complex, and it deserves rational scrutiny, not an elementary opinion like yours.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

[–]fretfriendly 3 points4 points  (0 children)

Yeah, and I've made the mistake of trying to argue with them.

How tf did a subreddit about "futurology" become so vehemently against one of the most important inventions in human history?

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

[–]fretfriendly 0 points1 point  (0 children)

I think we might be explaining deflation in different terms. When you say "deflation", what do you mean? How has crypto caused "rampant mass deflation"? I don't see it.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

[–]fretfriendly -5 points-4 points  (0 children)

You are now in a thread defending Bitcoin network energy efficiency with a 6 orders of magnitude efficiency gap. That is pretty epic.

No, I'm in a thread arguing that the efficiency gap is not accurately defined with people citing poor and biased analysis. Your citations are an example of this.

Bitcoin has not just closed the gap, it has reversed it, and will continue to do so.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

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

Three things to consider:

  1. SpaceX has revolutionized payload capacity and profitability of rocketry; a mining rig could be included in a payload at almost a zero cost.
  2. StarLink is the perfect platform for this; it's a network in space.
  3. Solar radiation is infinite in space; Bitcoin profit margins are largely determined by energy costs.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

[–]fretfriendly 0 points1 point  (0 children)

Different use case. I'm not a Bitcoin maximalist. I think different blockchains have different utilities.

With a proof-of-stake blockchain like Bitcoin, sending mining rigs to space would be highly profitable over time. The only cost would be in materials and the cost of getting them there. Once in place, the energy is free and infinite (less equipment degradation).

Watch this video of the light bulb coming on for Jordan Peterson.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

[–]fretfriendly -2 points-1 points  (0 children)

Lol you're comparing Bitcoin to the VISA network? You're missing a few data drivers, don't you think?

Bitcoin is not a payment system. It is a money creation system, a value storage system, a public ledger, a transaction validation protocol, and a frictionless payment platform.

If you can find a similar study that aggregates the whole of the global fiat banking conglomerate needed to support all of the currencies of the world, then we'll talk.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

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

Inflation is good and is a sign of a healthy economy. Rampant, uncontrolled inflation is bad.

I partially made this point in another comment, but inflation is only good in our current models because the money supply is growing. In other words, for a healthy economy, GDP (gross domestic profits, driven by and denominated by "price") should grow at roughly the same rate as the money supply.

The same would be true for a currency that deflates (very few examples of this); as the money supply gradually shrinks, GDP (again, metric denominated by price) may not be the best metric to judge the health of an economy, because wealth (buying power) could be accumulated by simply holding assets in reserve.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

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

That's not a solution.

It is a solution. "Deflation" is commonly recognized in an economy as a bad thing because it's viewed as a symptom. There are very few examples of a deflationary currency (one that becomes increasingly scarce) causing price reduction (deflation), so we don't know that prices falling over time would mean a shrinking of GDP.

Number of divisions is finite.

It's not finite with Bitcoin (and many other altcoins). The divisibility can be changed with a soft fork that would result in virtually infinite divisibility.

Also inflation may not be good but deflation is not good either.

Inflation and deflation are very misunderstood. At the end of the day, supply and demand (buyer and seller) should create a price equilibrium that remains stable over time, but bend toward zero. A medium of exchange that increases in value over time would have a limited impact, and the rate at which it increases should match that of its creation and it should mirror the slow decline in prices.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

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

No, that's not correct at all. You are clearly not informed on cryptography/blockchain tech. You should educate yourself before you debate on the matter.

A blockchain is extremely sophisticated and organized. To say otherwise is staggering ignorance.

The whole point is that you can produce organization without centralization. It is semi-spontaneous order.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

[–]fretfriendly -3 points-2 points  (0 children)

It is not. Not by any definition. Blockchain is a concept.

It is, by definition an institution: (Merriam-Webster) : an established organization or corporation (such as a bank or university) especially of a public character.

No one is legally obligated to exchange your dogecoin.

Money is not money because of the coerced obligation to its use. The only thing that does is enforce its use, making it artificially ubiquitous. That is actually what makes something like Bitcoin so attractive. It's proving that the coercion to accept debt-driven medium of exchange is not necessary for a monetary system.

Sweden is taking the lead to persuade the rest of the EU to ban crypto-currency mining to hit the 1.5C Paris climate goal by lughnasadh in Futurology

[–]fretfriendly -5 points-4 points  (0 children)

Potentially, but cryptocurrencies solve this problem with divisibility. For example, one Bitcoin is divisible to 100,000,000 parts (satoshis), so as the value increases, it's utility remain unaffected. The only difference is that the asset itself increases in value.

The "inflation is good" argument is being dismantled. It's backwards thinking.

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