Pennycade
Re:Are central banks going bankrupt?
on Tuesday October 11, 2022 @04:19AM (#33160702)
The BoE is independent (in theory) from the government.
If the bonds that BoE own go to zero, their entries are effectively just deleted from the database.
In the same way that an increase in the number of £ in the database doesn't increase the government's deficit.
It's a very simple concept but can have psychological hurdle to overcome, given the simplicity of it and implications once internalised.
Analogy .. BoE has root admin access to the database of £. Government does not, has read only access.
Re:Diablo 1 for Web Browsers
on Saturday August 20, 2022 @06:45AM (#32530963)
What's the trick?
Re:All Bitcoin private keys are on this website
on Tuesday December 21, 2021 @08:06AM (#29636983)
What effect would this have on transaction fees, has this been modelled somewhere?
Re:Keep Your Identity Small (2009)
on Monday June 07, 2021 @03:13AM (#27419904)
The link to the Ledger article in the essay (linked from the word "others") is broken :(
Re: Review our startup Farmly.net - buy fresh food in the UK
on Monday December 17, 2012 @10:22AM (#4932580)