bastiantower's comments

bastiantower | 3 years ago | on: FTX’s financial black hole leaves Binance balking at rescue plan

I think you're confusing Binance, which is not directly related to Tether, with Bitfinex, which is.

Binance has its own dollar based stablecoin, BUSD.

bastiantower | 4 years ago | on: Twitter’s founder admits that shutting down the API was “worst thing we did”

Layer 2 solutions, specially zk ones like StarkNet, solve the scaling issue

bastiantower | 4 years ago | on: Proof of stake is incapable of producing a consensus

But then everyone has a signature that you exited at 200

bastiantower | 4 years ago | on: Proof of stake is incapable of producing a consensus

Wouldn't anyone then be able to provide proof of that participant having exited? The participant would have generated a signature the moment they exit.

bastiantower | 4 years ago | on: Treating beef like coal would make a big dent in greenhouse-gas emissions

The point about the extra energy is potentially valid, although it would need data.

Methane being worse than CO2 doesn't change the fact that it's a cycle and thus it's not causing extra warming as long as the amount of animals is constant.

Alternative forests, etc, is equally a one off thing. Keeping the pastures doesn't make anything worse, and reverting them back would only be a one off improvement.

bastiantower | 4 years ago | on: The quest to recreate a lost and ‘terrifying’ medieval mead

It also has a high specific heat value

bastiantower | 4 years ago | on: Renewables became the second-most prevalent U.S. electricity source in 2020

As long as they are being replanted, this is carbon neutral

bastiantower | 4 years ago | on: The ransomware surge

It doesn't, quite the contrary. Poor and middle class people hold much more of their wealth as cash than rich people.

bastiantower | 4 years ago | on: U.S. Treasury to Charge Several Institutions for Money Laundering Using Crypto

From Jake Chervinsky:

https://twitter.com/jchervinsky/status/1383650715604717571?s...

I don't find this credible. The tweet itself is fishy: Treasury doesn't charge money laundering (DOJ does) & a case against several FIs at once would be unusual. Also, criminal investigations are kept strictly confidential & rarely leak. I'm not convinced by unnamed "sources."