News for hackers. Stuff that matters.
Re:Ray Dalio says the government could ban bitcoin by kjksf on Monday March 29, 2021 @05:12AM (#26619089)
If you're really concerned about any of that, we should start by banning video games. Then Netflix and YouTube.

All those GPUs wasted on rendering Cyberpunk 2077!

All this energy wasted playing Minecraft!

Come to think of it, you should stop reading and commenting on HN. Every minute you unnecessarily keep you laptop powered uses energy and destroys the environment. Do your part to prevent the tragedy, I beg of you!

Re:Ray Dalio says the government could ban bitcoin by aboringusername on Monday March 29, 2021 @05:19AM (#26619129)
It's absolutely hilarious to see these arguments made on HN, I don't actually hold much faith in online discourse and clearly the propaganda (by the BBC et al) has _really_ worked.

Yet what about the websites that load over 10MB of JS/other tracking scripts? Globally it probably uses more energy than entire continents! Or at the very least uses 5-10% of battery life that could otherwise be saved.

Let's start by banning > 1MB of tracking related JS/adverts which do far, far, far more damage than Bitcoin.

Sauce: Use a simple web browser on mobile, one with adblock/tracking block and one without, see how fast the device with no adblock reaches 0%, I bet it doesn't take much time at all on the really heavy JS pages.

Lol.

Re:Ray Dalio says the government could ban bitcoin by Luker88 on Monday March 29, 2021 @05:30AM (#26619216)
Projects can switch to proof of stake. no mining, people don't lose money, still decentralized.

I specifically pointed out that it's not about banning bitcoin. Make bitcoin a PoS. You can keep trading, you can keep being decentralized.

bitcoin and PoW are separate. bitcoin *can* be updated.

Why so defensive on PoW?

Re:Ray Dalio says the government could ban bitcoin by tekproxy on Monday March 29, 2021 @10:08AM (#26621790)
Pos hasn't been proven to work yet. Byzantine generals problem was unsolved for years until Bitcoin.
Re:Ray Dalio says the government could ban bitcoin by ben_w on Monday March 29, 2021 @12:46PM (#26624580)
Not so, RSA signed messages were suggested in 1999: http://pmg.csail.mit.edu/papers/osdi99.pdf