earnesti

So the generosity rule is more like "if you have lots of money you can make lots of money"

Why is that? I've seen couple of small firms using hetzner very successfully and saving a lot of money compared to whatever cloud offering.

I have used LN quite a lot for the last 3-4 years or so. Seems to work good enough for quite many use cases.

> This of course cannot be done with normal cash.

Normal cash is just printed out from thin air by those who have the power. In that sense (some) cryptocurrencies are better because at least the process is open.

What about bitcoin

I'm OpenClaw user and I never would do that. You can do with OpenClaw that, but it is definitely not the only use case, and I would argue that not even the one that makes sense overall. Most people want to be careful which decisions you want to outsource and which not, and you can direct the AI to work however you prefer. Personally I have developed some projects with OpenClaw, and it does have very limited permissions.

There are like 10 openclaw clones out there. If you prefer security over features, just pick up another one.

I use it for a side project. I just put it on VPS, and then it edits the code and tests it. The nice thing is that I can use it on the go whenever I have spare moment. It is addictive, but way better addiction than social media IMO.

The thing where you give it access to all your personal data and whatever I haven't done and wouldn't do.

Does it really? Digging up the data from example the 135k instances in the open reeks like bullshit, I would suspect several other claims are exaggerated as well.

The 135k instances is likely not true at all.

I have used openclaw pretty long but at no point it has proposed doing anything like that.

I don't think enabling admin on open internet is a default behaviour by any means?

This would be awesome with the QR code pointing to a torrent for example from Anna's archive with the albums filepath. The problem with streaming services is that you need an account, and additionally they might remove the music at some point.

Sucks compared to what? I find anki super. It is amazing what other have built for me to use, for free. It is insane value.

I've never understood crypto, however I'm long term Bitcoin fan and user, and don't consider it "crypto". I think Bitcoin is pretty much opposite what the typical crypto project is.

> The block chain is, and always was, an extremely inconvenient database.

Care to elaborate? I have been using Bitcoin now 10+ to store my wealth and make payments, and it has been very convenient - not much time needed to use it, and I think I've gotten plenty of value for my time-investment.

What kind of database would you recommend to make it more convenient? Maybe you can write a guide how to implement decentralized value transfer and storage system on top of PostgreSQL, so that the amount of tokens is limited to 21 Million, with similar security guarantees?

I'm pretty sure these peeps who hang out at /r/buttcoin are going to work like regular people to get some fiat currency to their beloved government blessed bank accounts. So I guess they don't feel like they have enough.

Governments do care, they have developed heavy regulatory frameworks for cryptocurrencies, such as MiCa in EU. I think central banks have been giving (negative) comments about Bitcoin since 2011 or so when it first gained modest publicity.

Governments are huge and consists of many different institutions. I guess many would like to see Bitcoin stopped, but how to do that without fondling with the basic human rights, such as the right to free communication? So far the governments have been regulating it, trying to reduce the illicit use, which doesn't really stop it but actually makes it more legitimate.

Many people who have risked their money by placing it on Bitcoin likely had enough, and they risked the extra money that they had lying around. Why not place bets on something you think might be probable? Is there something morally wrong in making some extra buck? Is it morally superior just to keep your money lying on bank account or what?

Also it is very likely that the advent of Quantum computing would be gradual. There exists bounty addresses, with ascending difficulty to crack. We would see the progress in steps, not suddenly. These quantum tinfoil scenarios just don't make sense.

But he keeps writing and talking about people who have more than enough, and how they are wrong.

Isn't the property that it keeps getting up pretty useful for the average person.

I don't think the first group is smart as all. Understanding human behaviour is pretty basic skill. Missing a basic understanding on how humans work is just stupidity. Being able to build great lego sets, but not being able to have a basic conversation with other human beings, is not smart, but autistic.

> It doesn't pay to be the 'smartest guy in the room'

But it is important that you keep thinking that you are the smartest man in the room.

I don't think these people would be superrich if they wouldn't be optimizing their taxes, at least at some level. I would guess taxes are the typically the biggest single expense the really rich people pay.

Well, people get informed by reading these stories. So let's keep informing people to avoid AWS.

No it isn't. There are many ways to put stuff on internet with guaranteed max costs.

Bitcoin makes a lot of sense, if you don't want central banks to print your monies and devalue it. If you don't care about that, then it doesn't make sense for you. But really, the 21M cap is about only point that matters about BTC, the other features have to be there but are secondary.

I remember testing popcorn time and other bittorrent streaming tools back in the days. They worked "OK". Yes, you don't get the netflix experience. But on popular titles you get "good enough" streaming experience. You have to wait like 30 secs to get started.

>> require ID, zero privacy, usually government sanctioned

> Unfortunately systems that don't have those requirements are going to be money laundering channels. I wish it wasn't such a big concern but it's unavoidable.

There same requirements also make the likelihood of these systems scaling beyong one jurisdiction very unlikely. Tourists don't want to set up a payment account for every country they visit. Or other way around, banks don't want to KYC and set up an account for every foreign tourist.

As Visa and MC work globally, I'm betting that the dominance from those will continue. Cryptocurrencies might have some change of becoming the "global" transaction method as well.