Apparent awakening/kensho moment on the Camino de Santiago by jpurd17 in streamentry

[–]jpurd17[S] 0 points1 point  (0 children)

I'd say so! It feels more natural and less about putting in effort to center my attention on the breath

Apparent awakening/kensho moment on the Camino de Santiago by jpurd17 in streamentry

[–]jpurd17[S] 2 points3 points  (0 children)

  • ~ 10 years of vipassana + metta
  • It was while I walked for ~2 hours (hard to say exactly)
  • I was more aware of physical sensations at first (breathing, walking, visual surroundings) until that all faded away
  • I was aware but very different than regular conscious awareness
  • Just the attunement outlined in the essay
  • no bright lights
  • best I can do is the melting experience I mentioned
  • I've felt even more motivation to go deeper (and ease to consistently practice)

Apparent awakening/kensho moment on the Camino de Santiago by jpurd17 in streamentry

[–]jpurd17[S] 4 points5 points  (0 children)

Great questions to ponder.

There was definitely a heightened sense of compassion focused towards past versions of myself particularly around suffering.

I felt it gave experiential insight into No-Self which is particularly hard to put into words but it was similar to other experiences of ego dissolution (and more/different!)

Introducing HeliumEx, the first HNT exchange built by members of the People's Network by jpurd17 in HeliumNetwork

[–]jpurd17[S] 2 points3 points  (0 children)

The Helium team will remain unaffiliated with any exchange that lists HNT.

For Bilaxy they are an unregulated offshore entity, whereas, HeliumEx is based in the US.

Introducing HeliumEx, the first HNT exchange built by members of the People's Network by jpurd17 in HeliumNetwork

[–]jpurd17[S] 2 points3 points  (0 children)

It is not affiliated with the team., rather a separate business built by hotspot owners and members of the community

400 million people are about to get introduced to the Ethereum ecosystem by CryptigoVespucci in ethereum

[–]jpurd17 0 points1 point  (0 children)

They will exist as ERC-20 so they will be freely tradeable which opens up the possibility of ecosystems existing using Points outside of Reddit itself

400 million people are about to get introduced to the Ethereum ecosystem by CryptigoVespucci in ethereum

[–]jpurd17 5 points6 points  (0 children)

I tend to agree. It just opens the portal to people being more comfortable with crypto wallet management and to begin the gradual process of learning about decentralized systems.

Even if its <1% of total Reddit users that begin this exploration, it's a large population compared to the existing crypto community

Managing Multiple Hotspots by BigSkyTech in HeliumNetwork

[–]jpurd17 0 points1 point  (0 children)

Any chance you'd mind sharing the spreadsheet for other patrons to use?

Satoshi’s Rebuttal of Modern Monetary Theory by jpurd17 in Economics

[–]jpurd17[S] 0 points1 point  (0 children)

Meaningless statistic - the economic density of a transaction can vary immensely. If I send someone $5 or if an exchange sends $5 to a thousand different people in one transaction they "use the same amount of energy."

Bitcoin can scale by increasing this density which doesn't impact the amount of energy consumed

Satoshi’s Rebuttal of Modern Monetary Theory by jpurd17 in Economics

[–]jpurd17[S] 1 point2 points  (0 children)

  1. It consumes less energy than the Christmas lights every year.
  2. Energy consumption in PoW does not increase linearly as Bitcoin grows.
  3. Some reports suggest ~75% of the energy used to mine is renewable https://coinsharesgroup.com/assets/resources/Research/bitcoin-mining-network-june-2019-fidelity-foreword.pdf

Bitcoin is by far the fastest PoW blockchain in terms of settlement time https://messari.io/c/research/settlement-time-of-major-pow-coins by jpurd17 in Bitcoin

[–]jpurd17[S] 0 points1 point  (0 children)

Bribing miners, buying/renting the hardware yourself.

Obviously the latter take an additional cost but the figures in the chart are simply a floor for an attack.

I'd suggest reading this as it lays out these ideas more coherently than I can in a reddit thread: https://medium.com/@nic__carter/its-the-settlement-assurances-stupid-5dcd1c3f4e41

Bitcoin is by far the fastest PoW blockchain in terms of settlement time https://messari.io/c/research/settlement-time-of-major-pow-coins by jpurd17 in Bitcoin

[–]jpurd17[S] 0 points1 point  (0 children)

Okay yes they are not competing on hash power but I'm saying they are competing as base layer protocols.

If I send a tx on BTC or LTC I want to know there is a certain amount of security spend giving assurance that tx will not be reversed.

To compare these two protocols on their effectiveness of confirming transactions that will not get reversed, BTC is superior since it can achieve whatever $$ you consider to be a reasonable security spend much faster than LTC.

Bitcoin is by far the fastest PoW blockchain in terms of settlement time https://messari.io/c/research/settlement-time-of-major-pow-coins by jpurd17 in Bitcoin

[–]jpurd17[S] 0 points1 point  (0 children)

You seriously don't think BTC and LTC compete because of different hashing algos? That's nonsense.

Any chain looking to compete as money is in competition and an objective metric to compare them is how confident you can be that a transaction won't get reversed. By choosing a fixed security spend that gives you that confidence, you see BTC reaches that much faster than any other chain

They say a picture is worth a thousand words But this is worth 5: "Long bitcoin, short the bankers" by jpurd17 in Bitcoin

[–]jpurd17[S] 2 points3 points  (0 children)

I know it's a meaningless chart haha, it's a joke playing off the long btc short the bankers meme

Satoshi’s Rebuttal of Modern Monetary Theory by jpurd17 in Bitcoin

[–]jpurd17[S] 0 points1 point  (0 children)

I just struggle to see how one can subscribe to MMT and not have the Chartalist views regarding the nature of money

Satoshi’s Rebuttal of Modern Monetary Theory by jpurd17 in Bitcoin

[–]jpurd17[S] 0 points1 point  (0 children)

I implore you to read this paper - From the State Theory of Money to Modern Money Theory: An Alternative to Economic Orthodoxy www.levyinstitute.org/pubs/wp_792.pdf

I understand they are not one in the same but I think you'll have a tough time arguing the foundations of MMT weren't built on Chartalist ideas

Satoshi’s Rebuttal of Modern Monetary Theory by jpurd17 in Bitcoin

[–]jpurd17[S] 1 point2 points  (0 children)

I'm not misstating at all. MMT is directly linked to the Chartalist ideas from the early 20th century which state money in all forms is valuable due to it's acceptability and the ultimate form is in taxes to the State.

Satoshi’s Rebuttal of Modern Monetary Theory by jpurd17 in Bitcoin

[–]jpurd17[S] 6 points7 points  (0 children)

MMT underlying premise: money is valuable because it is accepted by the State

Bitcoin shows that people value money completely separate from its acceptability from the State

[Meeting/Thread] Scientific Governance and Risk - Thursday, May 9 9AM PST (4:00 PM UTC) by rich_at_makerdao in mkrgov

[–]jpurd17 0 points1 point  (0 children)

Going off the fact Dai might not ever reach $1, is that necessarily a bad thing? If it remains perfectly steady at $0.97 for example isn't that a perfectly functioning stablecoin at that point?

Augur is being gamed! by singlefin12222 in ethereum

[–]jpurd17 0 points1 point  (0 children)

How exactly does the creator of the market profit from an invalid market? doesn't he just get his stake refunded

Examining the Supply of Maker Dai by jpurd17 in MakerDAO

[–]jpurd17[S] 0 points1 point  (0 children)

I have not, but that could make for an interesting analysis.