News for hackers. Stuff that matters.

Carlton2082

Re:The World’s Aging Dams on Tuesday February 09, 2021 @10:08AM (#26078313)
>radiation can't be seen

Not to be pedantic, but...

The fourth word on Tether's wikipedia page is "controversial". Nobody is under the impression that it's fully collateralized. Would you care to make the case that a different, trusted stablecoin isn't fully collateralized?

DAI specifically is collateralized with ETH using smart contracts - it's over 100% collateralization is incontrovertible.

https://www.coindesk.com/bitcoin-pizza-10-years-laszlo-hanye...

The pizza was 10k BTC (now ~$443M). Tesla bought about 25k BTC.

Your concerns about network trust are entirely unwarranted. In the bitcoin whitepaper published over ten years ago, before the software was even written, Satoshi explains how a trustless network might be created via Proof of Work.

On the topic of price fluctuations, I'd like to point out that not only are there a plurality of stablecoins pegged against and collateralized with dollars, there are also synthetic assets like DAI which follow in Satoshi's footsteps - using game theory, economics, and finance, to novel and practical effect.

I highly recommend reading the Bitcoin, Ethereum, and DAI whitepapers (in that order).

https://bitcoin.org/bitcoin.pdf

https://ethereum.org/en/whitepaper/

https://makerdao.com/en/whitepaper/

Re:I'm an interviewer at my company and burnt out on Sunday February 07, 2021 @11:28PM (#26060797)
Have you read the original memo with the citations intact? Gizmodo published an edited version. I would agree that the memo reads like a series of bigoted conjectures if you read the edited version.
The analogy works even better because organ transplants are sometimes necessary and sometimes not. Although GP started off defining a binary, I don't think they are thinking in black and white. A charitable reading of the GP implies the nuances you express.
Re:Making Vaccine on Saturday February 06, 2021 @01:39AM (#26044647)
I believe GP is trying to conjure up images of flying kits in thunderstorms or walking around with radioactive material in your pocket.