Notices by :spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)

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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Saturday, 22-Mar-2025 04:20:00 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
From what I read it started during WW1. Some riveter started writing it in inaccessible places before they were sealed up, so when they were opened back up again for repairs they'd find his drawing.

Eventually it caught on and seamen started drawing it everywhere.

In conversation about a day ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Friday, 21-Mar-2025 22:20:05 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
- cool_boy_mew
- dilbert 1
You're not wrong, I fully agree.

I'm just amazed it got any traction at all. I assumed no one would want one.

In conversation about 2 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Friday, 21-Mar-2025 22:15:55 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
- cool_boy_mew
- dilbert 1
Even so, it did succeed. I assumed it'd be a money sink like microsoft phone or microsoft slate.

In conversation about 2 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 18:30:22 JST :spinnenrad: Eiregoat :spinnenrad:
- Count St. Germain
With all the bird flu stuff lately they restricted "free range" birds so much from being let outside that the lost the classification. They had to put a sticker on the packets calling them "barn raised."

In conversation about 3 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 15:07:10 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
Exactly. And even in supermarkets they're restricting the number of cash lanes now, plus a bunch of small vendors in my city are card only now. From their perspective it's more secure and less hassle.

Any competitor to that system will have to offer the same advantages.

In conversation about 3 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 15:07:08 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
I acknowledge that crypto has more points of failure, but if things get so bad that electricity and internet become unavailable, chances are things have devolved far past a cash economy anyhow.

I used to think gold/silver might be another potential fallback currency but in practice using them requires a high degree of expertise from both vendors and customers. That expertise no longer really exists outside of a few niche industries and would take a lot of work to reestablish.

In conversation about 3 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 13:17:29 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
Agreed. I'm generally willing to forgive that though since (so far) it hasn't been a problem.

My gripe with bitcoin is that they deliberately made it inefficient. And as far as I can tell the solution to that problem (lightning network) is quasi-centralised.

Litecoin is the most practical currency I've used so far. Transactions cost pennies and clear in under a minute. You could actually use it to run a coffee shop.

In conversation about 3 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 13:10:25 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
He believes that bitcoin is an experiment by central banks to convince people to adopt a digital currency.

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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 13:10:23 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
I wonder what his argument for that. The criteria for a currency is very simple, it just has to be something (relatively) fungible that people use as a medium of exchange.

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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 12:41:29 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
Why would I want to?

You've never been able to answer this. Governments already have highly secure digital currencies with high degrees of surveillance. Credit/debit cards are already in widespread usage. There's no advantage to any central bank to introduce a decentralised competitor they can't control.

In conversation about 3 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 12:41:28 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
One of the biggest criticisms of crypto I see is that it's helping usher in a new cashless era. But we already lived in that era. For decades now there've been whole businesses you *cannot* transact with in cash. Most of them have no connection with any crypto market whatsoever and many of them predate crypto entirely.

The fact is that cash is dying and has been for a long time. It's better to have a replacement than be completely at the mercy of digital banking.

In conversation about 3 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 12:23:21 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
You used lawyer's tricks to try to "prove" that cheques are a decentralised system because cheque fraud is possible. It's a retarded argument and far jewier than anything I've ever said.

In conversation about 3 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 12:17:35 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
You introducing unreliability as "evidence" of decentralisation doesn't make reliability my requirement.

Anyhow you're still wrong since one or two miners being taken out by civil unrest largely leaves the network unaffected. It's still reliable.

In conversation about 3 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 12:11:54 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
You already said that. It's still a broken argument.

1. By that argument nothing can be used to achieve freedom because someone will always sell some of it for some amount of USD.

2. Hyperinflation exists. If they print infinite USD to try to purchase all of some commoddity then the USD will become infinitely worthless.

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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Thursday, 20-Mar-2025 12:11:52 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
> Money has no value without violence because it's only utility is to pay taxes so you do not go to jail

Before crypto took off I would have agreed, but your theory has to account for that glaring counterexample. No one violently enforced the value of bitcoin or monero or any of the other crypto and yet many of them are soaring in value.

As for the rest, yes, if you can convince a majority of the mechanism of violence within a state to abandon it then the state will collapse. At that point monetary collapse is just a detail though since they won't be able to enforce anything.

In conversation about 3 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Wednesday, 19-Mar-2025 18:52:30 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
You're trying and failing to prove a point about a subject area you clearly don't understand.

In conversation about 4 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Wednesday, 19-Mar-2025 18:52:29 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
Ok, I'll enjoy the next 30 years in your imaginary prison leading imaginary prison riots against the imaginary guards.

I'm sorry to break it to you but none of this is going to happen ;)

In conversation about 4 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Wednesday, 19-Mar-2025 18:52:28 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
This sounds like a cool sci-fi novel but what does it have to do with anything up until this comment?

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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Wednesday, 19-Mar-2025 18:50:40 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
Doesn't matter. They had multi-million dollar budgets and the full power of the courts. They smacked down a few people with unimaginable damages and everyone else just carried on as normal. It didn't work.

And guns/media absolutely affect their power model. Why do you think they are going so hard after both?

In conversation about 4 days ago from nicecrew.digital permalink
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:spinnenrad: Eiregoat :spinnenrad: (eiregoat@nicecrew.digital)'s status on Wednesday, 19-Mar-2025 18:47:09 JST :spinnenrad: Eiregoat :spinnenrad:
in reply to
> Since their dream is a Digital Currency where every penny is tracked

Scroll up. They already had that.

> The actual ledger that comprises Bitcoin could be run on a Raspberry Pi, no problem.

If no one else were doing it on more powerful hardware then yes. People used to mine bitcoin on old laptops.

> The obscene computing power of miners is simply applied to solving a random mathematical puzzle to determine who will get the award for doing the trivial task of adding transactions to the ledger.

It's about doing it faster than anyone else. Adding transaction to the ledger is the random mathematical puzzle. They're not separate.

In conversation about 4 days ago from nicecrew.digital permalink

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