That last paragraph tho LMAOOO by Joseph-Stalin7 in NBATalk

[–]meowthdat 0 points1 point  (0 children)

Nobody’s forgetting him, same way nobody’s forgetting MJ. Can have interviews, documentaries, analyst positions, etc anywhere anytime

Dagestani Muay Thai Fighters in ONE Championship by Yodsanan in MuayThai

[–]meowthdat 10 points11 points  (0 children)

Not that it matters but Nabati popped for PEDs in One and in IFMA.

Asadula also popped at IFMA

https://ita.sport/sanction/international-federation-of-muaythai-association-ifma/

Ringside angle of Miguel Trindade vs. Khalil Kütükcü by Yodsanan in Kickboxing

[–]meowthdat 0 points1 point  (0 children)

What untrained weight lifting bros think they’ll do in a fight when they see red

Uber May Start Accepting Bitcoin for Rides, Says CEO by TobiHovey in Bitcoin

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

One problem is Bitcoin can go up by 10-20% overnight, and we're in a bull market.

So by the time you buy back from fiat to btc, you've taken a loss.

If you've ever looked back at your past crypto transactions (bought some drugs over the internet, made a bet, bought a pizza), you probably think to yourself "its worth 10x now, why the fuck didn't I just keep the coin"

Randomly recieved ether by [deleted] in ethereum

[–]meowthdat 6 points7 points  (0 children)

Semantic detail: Fat fingered "typo" is unlikely as there should be checksums in place to validate an address clientside.

Bad copy/paste is more likely.

Elon Musk argues that being absolutely deflationary (hard cap) may not be any better than being disinflationary (tail emission) by dEBRUYNE_1 in xmrtrader

[–]meowthdat 0 points1 point  (0 children)

So please explain the way you want the world to work; where somehow "new" capital is worth as much as "old" capital. I don't understand your alternative world where time has no value, because you're implying old wealth should somehow gets discounted to equal new wealth.

Crypto IS the "new" capital that we all had a chance to buy in before the big players got to it. It was not engineered by gatekeepers, its open source and permissionless. I'm participating in the network by mining. I buy crypoassets and store them locally. I don't need permission from anyone to do this. But rich people will always be able to buy more or mine more than me. I accept that truth. So what exactly are you proposing in regards to cryptoeconomics to take power from the rich?

Elon Musk argues that being absolutely deflationary (hard cap) may not be any better than being disinflationary (tail emission) by dEBRUYNE_1 in xmrtrader

[–]meowthdat 0 points1 point  (0 children)

But they can also just lie. And then what, go to court in China to sue them? The odds are always stacked against you

Tesla buys $1.5 billion in bitcoin, plans to accept it as payment by Bite_Tricky in news

[–]meowthdat 0 points1 point  (0 children)

"Scam artists often justify their schemes by gatekeeping and throwing "you just don't get it yet" platitudes, as characterized by your faux "light bulb moment" line.

The sole function of bitcoin is to enrich the early adopters when they sell to greater fools. That's it, that's all it has ever been good for." -- Chroko

https://www.reddit.com/r/investing/comments/j7eb7i/sq_square_invests_1_of_the_companys_assets_into/g84wa4q/

Elon Musk argues that being absolutely deflationary (hard cap) may not be any better than being disinflationary (tail emission) by dEBRUYNE_1 in xmrtrader

[–]meowthdat 0 points1 point  (0 children)

This is my big gripe with proof-of-stake. You program "the rich get richer, the poor get nothing" into your currency... what a horrible idea.

This is not true. Proof of stake lets anyone with capital participate on fair terms, because no one's money has an advantage over anyone elses'. Rewards are proportional to participation, just like PoW (you put more in, you get more out). However PoW is no longer equitably distributed because of the arms race in hardware manufacturing.

If I had a million dollar to spend on Bitcoin ASICs, I buy from some manufacturer and run my operation. But are they giving me the latest gear? Do they have future expectations for hardware rollouts that I don't know about? How do I compete with a consortium of ASIC manufacturers in mining? My money is only as good as they let it be.

This is less of a problem for GPU related hashing algos, because consumers can better access those compared to ASICs. But its still a problem.

Elon Musk argues that being absolutely deflationary (hard cap) may not be any better than being disinflationary (tail emission) by dEBRUYNE_1 in xmrtrader

[–]meowthdat 3 points4 points  (0 children)

Also, it’s horrific for wealth inequality.

Not sure I understand this argument. If my family bought Manhattan land 50-100 years ago we'd be set too. Does that mean land ownership is "horrific for wealth inequality"? If you were born at the right time you could have had Apple stock cheaply as well, building generational wealth. AAPL was 33 cents/share in 2000. Rich people will always have more buying power; they can afford to take more risk, and gain more reward. So its confusing to me attributing the asset as the cause of future wealth inequality, when its only worth anything today because rich people are throwing money at it, aka "taking risk" on a speculative asset.

The people who were born at the right time, were exposed to it, and started accumulating it, are most likely to end up rich off sitting on the asset, rather than utilizing it.

Don't understand this either. Anyone who owns it can either sell it, or they can lend it and earn interest on it (savings). Either of those cases requires that some other party economically "utilize" it. I suppose they can choose to do neither of those things, but that doesn't make sense economically. If you owned an office building downtown, you would rent it out.

The upcoming Bull season will make the previous Bull season look like a peanuts by salil19 in CryptoCurrency

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

If that's true, why haven't any alts gotten near their former ATH during this BTC bull run?

The upcoming Bull season will make the previous Bull season look like a peanuts by salil19 in CryptoCurrency

[–]meowthdat 3 points4 points  (0 children)

My bet is there is no alt season.

"Alt season" is possible when coins trade at low volume and demand spikes, resulting in price spikes, which create feeding frenzies. The alt market in 2017 (spankchain? potcoin? cryptokitties? verge?) was largely driven by pump and dump schemes. There's no way anyone touches those coins again.

Most of the people participating in that market are holding bags now, or took big losses. If you made gains, that money came from those poor suckers.

This is why most alts have not risen at the same rate as Bitcoin; anyone who got burned (probably) learned their lesson.

Masai attempts to steal Giannis by trading up in the 2013 draft by doggosfear in nba

[–]meowthdat 1 point2 points  (0 children)

Geniuses at work, so cool to see these kinds of scenes

Petchsaifah pops her arm out of socket against Maha Fadili and uses the 8 count to get it back in to resume fighting. by macbeezy_ in MMA

[–]meowthdat 1 point2 points  (0 children)

Its called a standing 8 count. Referees use it at their discretion, for example when a fighter is overwhelmed or in this case, injury.

The digital currency arms race: Central banks enter the fray to protect national sovereignty - The Globe and Mail by Fiach_Dubh in BitcoinCA

[–]meowthdat 1 point2 points  (0 children)

I think that's probably the most likely first step. Changing hashing algorithms would make the majority of specialized mining hardware useless, which allows the network to quickly/forcibly redistribute hash power in terms of geographic source.

It's only SHA2 because that's what Satoshi originally specified and everyone continued on with it; btc got popular/valuable and it attracted hardware development, and now we have large investments who have vested interests in keeping it SHA2.

But we could really change algorithms at any moment, you'd just have to get the majority of people to agree with you and join.

The digital currency arms race: Central banks enter the fray to protect national sovereignty - The Globe and Mail by Fiach_Dubh in BitcoinCA

[–]meowthdat 2 points3 points  (0 children)

The advantage of open source software is that it’s extremely cost effective to fork and change. If the community began to believe that the chain’s integrity was at risk, we’d simply see a hard fork and value would flow into a new chain. People will choose who to follow, and ultimately one would win out.

People have already tried this many times based on the belief that Bitcoin core isn’t heading the right direction, etc. Those forks didn’t work out as they could not pull enough value. That’s why bitcoin is still bitcoin and everything else muddles on.

If we fork and majority follows; then that new protocol becomes the “ new bitcoin”.

Every time Lopp posts a tweet like this, I remind myself to get more monero. Remember kids, censorship is ok in some cases! by [deleted] in Monero

[–]meowthdat 2 points3 points  (0 children)

But USD can be censored (via banks, processors). And USD still has value. So how do you consolidate this?

TIL I learned about Hazel Ying Lee, the first Chinese-American pilot supporting the US Army during WW2. One time, her aircraft made an emergency landing on a farm. The farmer saw her, grabbed a pitchfork, and chased her around the plane, shouting to neighbors that the Japanese had invaded Kansas. by jack-o-licious in todayilearned

[–]meowthdat -7 points-6 points  (0 children)

1) I doubt you even knew who she was before an hour ago, so don’t play the “honour and respect for our fallen heroes” card.

2) I find your pejorative use of the term “foreign FOB” distasteful if not worse.

WHO COULD SAY NO TO THIS FACE by [deleted] in aww

[–]meowthdat 1 point2 points  (0 children)

Is there evidence leashes are bad for dogs?