deevolution | 3 years ago | on: FTX tapped into customer accounts to fund risky bets, setting up its downfall
deevolution's comments
deevolution | 3 years ago | on: Toyota CEO talks about why he isn’t all-in on EVs
How is California planning to cleanly support the extra electricity load from EVs since they've planned to decomission all their nuclear power plants? The base load is going to be generated with coal and nat gas now. Most people will likely be charging their EVs at night so they'll be charging their cars from coal or gas rather than carbon free nuclear.
deevolution | 3 years ago | on: Europe is in danger of rolling electricity shortages
> "Now nuclear costs 3-5x more compared to renewables and is simply not relevant."
We're seeing the hidden cost of renewable energy now, aren't we? Cheap because it's supplemented with natural gas to provide base load. If the politicians actually cared about the climate, they would be adamant about supplementing with nuclear, which is far far more energy dense.
deevolution | 3 years ago | on: France risks winter blackouts as nuclear-power generation stalls
Asteroid mining seems like it would become a necessary endeavor once uranium becomes too expensive to extract on earth. I'd bet big that humanity can figure out profitable asteroid mining within the next 100 years!
deevolution | 3 years ago | on: US regulators will certify first small nuclear reactor design
The natural disaster was responsible for killing people, not the nuclear meltdown... maybe if we had been consistently building nuclear since the 60s we wouldn't be in this global warming catastrophe? Obviously speculation, but I'm curious what our global CO2 levels would be if all the major industrialized nations transitioned to 100% nuclear Over the last 60 years. Anyone happen to have some charts?
deevolution | 3 years ago | on: Octagon Networks converts its entire balance sheet into Bitcoin
Nice! Get yourselves added to the bitcoin balance sheet list: https://www.buybitcoinworldwide.com/treasuries/
deevolution | 3 years ago | on: El Salvador’s President Went All in on Bitcoin. Then It Tanked
How is this any more newsworthy than netflix investors getting wiped out?
deevolution | 3 years ago | on: The Case for Higher Rates
Stills begs the question... why would we see inflation when all of those trends are deflationary? Can't possibly be because the fed is printing money out of thin air..
deevolution | 3 years ago | on: The Case for Higher Rates
deevolution | 3 years ago | on: SEC Charges Nvidia with Inadequate Disclosures about Impact of Cryptomining
A risk to someone else is an opportunity for others. Risk is very subjective here
deevolution | 3 years ago | on: Bored Ape virtual land sale breaks Ethereum
It's amazing how much people care how other people spend their money. It's their money, if they want to spend it on ape pictures so be it. Nothing to see here, move along.
deevolution | 4 years ago | on: Google says AI generated content is against guidelines
What about high quality ai content? What if someday the content generated by ai is actually more useful/higher quality than the human generated content we just shoot outself in the foot because it's ai generated. Seems discriminatory to me!
deevolution | 4 years ago | on: Insider trading by executives is pervasive – research
Regulators have too much power and influence on markets - they're worried about market manipulation but as far as I'm concerned they are the only ones manipulating markets.
deevolution | 4 years ago | on: Ask HN: What is the HN of Cryptocurrency?
HN is full of disgruntled haters. There are lots of DAOs that discuss crypto. I recently joined the FWB DAO https://www.fwb.help/ which has a pretty vibrant community. The one caveat is that you need to prove you own 75 FWB tokens to gain access (subject to change based on a seasonal community vote). The benefit is that it keeps spammers out. Generally the discussions and community members have been pretty high quality.
deevolution | 4 years ago | on: 38% of remote workers work from bed
Look at the entire crypto space. $1.5T+ of value and growing and the vast majority of it is built remotely, sometimes anonymously, and it's one of the most free and spontaneous industries.
deevolution | 4 years ago | on: Amazon denies report of accepting Bitcoin as payment
The solution already exists... there's thousands of crypto coins already. If fb hasn't released a coin yet at this point they never will. They're frozen in ice by the threat of regulatory crackdown.
deevolution | 4 years ago | on: Amazon denies report of accepting Bitcoin as payment
You can't pay taxes in bezos-bucks right now, but you maybe able to in the future
https://www.bloomberg.com/news/articles/2021-02-11/miami-may...
deevolution | 4 years ago | on: Amazon denies report of accepting Bitcoin as payment
Companies creating their own coin is like having an intranet... intranets mostly suck and have no real value. There's a reason the www is superior - because it's fully open.
deevolution | 4 years ago | on: Wall Street Takes Workers’ Retirement Money and Uses It Against Them
It's called rehypothecation. They take your savings and buy up assets or use it for collateral. That's the consequence of using custodial services - they can do whatever they want with your money.
deevolution | 4 years ago | on: Crushing heat wave in Pacific Northwest cooked shellfish alive by the millions
Events like this happen and yet no on wants to adopt nuclear energy. Instead the narrative is natural gas supplemented by wind, solar, and batteries all of which cause more environmental destruction. Even in catastrophic nuclear failures, nature inevitably reclaims the land. On the other hand Solar panels and wind farms decimate local wildlife populations and require large amounts of land use - not to mention the mining operations.
This quote is complety antithetical to everything crypto is actually trying to achieve; which is a trustless financial system, a system that would be void of these sorts of melt downs.
Don't trust; verify.