pietrod's comments

pietrod | 1 year ago | on: Mediocre Engineer's Guide to HTTPS

I'm unable to find some code where it shows how to verify the signature of SHA256(client_hello_random + server_hello_random + curve_info + public_key) I know the theory but somehow there is some issue to implement it, anybody can link an actual toy program showing practically how to do this?

pietrod | 4 years ago | on: Coinbase from YC to DPO

you should be able to understand that even the possibility of that becoming the new ICE has to be priced in, of course you are free not to do it though.

pietrod | 6 years ago | on: I'm not burned out, I'm pissed off

The lesson is so simple and it's all over the place: in the late term economic cycle, economical interest doesnt align with the ones of the individual.

Economy have to growth, create artificial scarcity, complexity, jobs, etc, and after a while this gets so easy to spot that starts to annoy, normally from this phase you end up in a global war in fact, so at least wont last! XD

pietrod | 6 years ago | on: Is Inequality Inevitable?

then let's compare us to monkeys, if we can decide a past point in time, in this case whatever we do it's always good and everybody will be happy! (this could not work XD)

pietrod | 6 years ago | on: Is Inequality Inevitable?

tl;rd if you always bet x% on a fair coin you are going to lose in the long run, ex. 0.95*1.05 = 0.9974999999999999 < 1 (you will win and lose the same number of bets)

so if world is a casino, where everything is a bet for utility with someone else, since the best strategy is not betting (or betting the less %) the richer is always in an advantageous position, and on the long run will have anything: this is intuitively true, but it has to be said that this passive force is way inferior compared to the active skill of a good better, that can completely override this force (that on a single life span would be like 1% of the force coming from skills). Basically the system is too chaotic to even notice this little force.

Interesting idea, but this one from margrit kennedy https://vimeo.com/71074210 is even better, here it's another passive force, but with way more impact than that, can be considered a real case of the general idea that "inequality" is a natural phenomena (that is a quite lazy concept cause it makes humans totally dumb and with no free will, like, sure, even war is natural, and murder, etc etc). honestly these ideas are so basic that shouldn't have names on them, and surely they are not the first people to have notice that.

pietrod | 7 years ago | on: Mental Disorder

I have lot of questions on the whole psychology seriousness, but I will skip on them and just ask a simple one:

In the case of, let's say, 60% of the population suffering of depression, is that a mental disorder or something that have to be ascribed to external conditions (maybe political, related to environment etc)?

pietrod | 8 years ago | on: Lessons on Bubbles from Bitcoin

totally trash, an average people can check real influence of that "futures" thing by himself here: http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures there is actually more volume in cash on localbitcoin in a rural village in India in an hour than there in a whole day...

ps, also to short something you need to borrow the asset and pay for the time of the borrowing, this is bitcoin is really difficult, because pricing can be really high, holding means covering you from the risk of losing next "bubble", if you lose that for a miserable 1%/day you are losing all the point of that asset basically, so these things can happens only in the naive minds of wall street traders than don't have a real model for bitcoin yet, but just go on bitfinex and see by yourself if it's good to you to borrow bitcoin to people who want to short, as i say before, everything in this space can be checked, this old people with they old analysis are just extremely boring and meaningless.

pietrod | 9 years ago | on: Beyond Bitcoin – Part II: Blockchain-based systems without mining [pdf]

mining= energy proof of burn, a way to bootstrap value in a cryptocurrency, at least in bitcoin, see "commodity". "The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation" it's a feature.

This is regarding first 2 chapters where it compares it with fiat saying it could become 802.4% more costly, right comparison is with gold indeed like in https://www.bitcoin.fr/public/divers/docs/Estimation_de_la_d...

Expect a tldr of chapter 5, will check here back tomorrow if there is any.

Actually I'm happy they are working on an actual prototype.

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