Newspaper: Bitcoins give you immigrants
Government: We will do everything thing we can to stop the cryptocurrency menace (tax hike on it)
Small business: What even is?
Big Business: Well… we can invest in it I guess but we dont want people actually using it because then theres overheads (see tax hike)
Normals: What even is?
I came to conclusion that thread is advert of the virtual currency. OP just dumped a link to the site and is advertising and defending it fanatically. Posts very often and its bumping the thread. It should be closed.
I though it could be ad just after posting my first post here. But I wanted to see what will OP do later. I already reported the thread and his posts as spam, as its the same stuff over and over, always some superlatives about crypto and gambling, and that its “teh future”. OP is heavily invested in this. Spins hype like his paycheck would depend on it.
Needs to be closed as its not a forum for posting ads about someones favorite cryptocurrency.
I want to thank you for bringing this to the forefront as an emerging force to driving the foundation of economies. Here why I owe you a debt of gratitude.
You have given a way to have the internet be virtually free for the majority of the world’s common internet users. Net Neutrality,though I generally oppose it,I see it as a means to legislation. Yes you fine sir will indeed pay for my internet as a common user. Online Gambling in all its facets might be charged an exorbitant amount for your access/use on that basis alone. Net Neutrality is at this moment is very contentious because many future changes and its means of potential control are largely unknown to the general populous. It won’t take long for that populous to discover what a huge volume of the “bandwidth” is being used for. Those crypto mining devices can’t hide and may be especially and explicitly taxed just for being what they are.
Here is why it will happen quicker than you could think possible. City government. In the US,city gov’t is the most powerful of all divisions of gov’t. Today it is the monitor and progenitor of change. Plus,cities always want a way to increase their financial capacity while still limiting its burden on its inhabitants. Limiting its burden doesn’t always succeed as many times its choosing the lesser of two evils. Cities often have their own internet access and by the way,they own the infrastructure contained therein. Cities are also the first gov’t entity to employ changes that slowly become the standard for a US state. (I for the sake of this expression,I’ll stick to the country of my citizenship,recognizing other nations also exist in some fashion similarly.)
Moving on: Electricity transmission and its producers are already in the stages of being utilized as a conveyance for the internet. As I stated previously that blockchain in some form does have other valid uses. Utilities will be one’s likely to employ inhouse. With that said,there are newer transmission and receiving implements well beyond the conceptual phase. LiFi is one of them. Its is far more secure for structures than wifi. Its only a matter of time that in every city,that it is available where ever there is a power supply internally and or externally. I could expound on this eternally,but I think at this juncture you see where its going.
So,while you are playing this.
I’m going to be playing this.
This may be a real life case where two negatives multiply into a positive.
Again,Thank you for bringing you newly found epiphany to the masses.
I’m aware of the Elon Musk hype. Its not viable. Who wants to live in a desert? What about the UK,Northwest US and many more locations where sunlight is a intermittent seasonal cycle. Also the website just reinforces the economical structure already in place. The cost is enormous. What about all the existing structures?
Graphene applications are far more useful and immensely cheaper. I myself can already make Graphene conductors and batteries. That is at home in my kitchen.
Decentralized governments? Ya that isn’t happening. Not today,nor tomorrow. It’s not in human nature to decentralize anything. Even if its for the common good. The hunter,gatherer dynamic is far too strong. Decentralization is the only unique feature of blockchain that goes against human nature. Think about that for a moment. You want to decentralize on a macro scale to only centralize on a personal scale. Perhaps the only thing to dispute is about the macro and micro aspects of society and human nature. Meaning does one collect and hoard for personal gain or a collective gain.
Honestly I feel it is you digressing and I don’t suggest I support the current “state of things” well because I don’t. I see no gain in adding additional layers complexity to the clusterfuck we live in today. Whether that be in our daily goings or technology.
You seem to willingly and wantfully to dismiss that a game or any other endeavor has value solely by virtue it creates a sense of happiness purely out of the simplicity of the task. All you have suggested serves to convolute its integrity.
I read many articles on the subject and loads of touting about a decentralized entity such as blockchain,is a good secure way. I concluded it is a weakness. An extreme one at that. Knowing what I do about computer science progress,blockchain has some integral issues that somehow have been overlooked. Common sense about progression of coding will show the way. Just to know. I don’t have one clue about how to read any code ever in existence,still that doesn’t mean I can’t understand what is being done on the user end. Well, that isn’t 100% true,but for this discussion I’ll put forth my willing ignorance on the subject. Today there is more info out there by professionals than all my family lineage could ever read. I’ll as a result of this thread I will talk to a person who does know and writes code in over a dozen languages. We often talk and his incite is of great value to me. He is also part of a 3 man team trading crypto.
One last thought as I won’t be posting further about this.
Have you ever wondered who made blockchains and why?
I think the OP has protested too much. I suspect he made the wrong choice in investing his entire life savings on Bitcoin and it trying his best to make it popular again to not lose value.
And if I don’t like it for the reasons I previously stated I will report this thread. Oh wait, already reported. Done. And you can’t stop me from reporting you. Have a nice day.
Yes, and no. Yes solar is making quite a strong showing in a number of places. Part of the reason are seriously screwed up rate structures and incentives. Look at Hawaii which had a big problem with solar…yes problem. They had a rate structure that basically gave a credit to solar for everything. It gave a credit for the transmission, distribution and other typically non-bypass-able rate components. It got so bad that the Hawaii Public Utilities Commission simply slammed on the breaks and said, “Nope, done. No more.”
So while a solar roof like the one Tesla is pushing could lower generation marginal costs that does not mean electricity will become costless. Typically, domestic customers generate during the daytime–i.e. they utilize their connection to the grid to export the electricity their solar systems generate back onto the grid…then they consume in the evening when solar production is low…in which case you need either storage (note quite ready yet) or more traditional sources of electricity generation. And one of the associated problems with this scenario is “ramping” those traditional electricity generation sources are not known for coming online and ramping up to max output quickly. And those that are capable of doing that are damn expensive (think of a combustion turbine vs. a combined cycle gas fire plant).
And even if batteries do become more effective, there is still an issue of how they will be used. Will houses have great big batteries in them (and all the costs and problems associated with them including the yucky stuff inside) or will it be more cost effective to have large battery arrays situated around a utility’s electric grid from which it can dispatch electricity and likely do a far better job with maintenance and monitoring?
In any event, these are actual costs. And even with ZNE (zero net energy) it is far from clear if every house will literally be zero net energy or if they will be on average. And these houses might still need a grid and the associated infrastructure to allow for the excess solar production in one house to provide the needed energy consumption in a nearby house.
So, the days of free and limitless electricity are still a ways away.
And this is a good point too. Solar is great in Hawaii, California, the Southwest, but if you live in Minnesota or Wyomming? In Minnesota on average they have 30% fewer sunny days than say California. What do you do then? Build massive solar capacity in California? I think the environmentalists are going to quickly realize that given our voracious appetite for electricity solar is not going to be the eco-friendly option they thought it was going to be.
Markets are an example of decentralized spontaneous order and emergence…of course, most people have a bias against markets. The concept of anonymous exchange, and economy where you do not know those you are interacting with, puts many people off. Of course, when one looks at the advent of markets, say 1800, to present you get a hockey stick in terms of over all human well being.
But most of this is neither here-nor-there when it comes to the game. The simple fact is CCP is not going to do this for similar reasons CCP booted gambling from the game. It would be a huge legal and regulatory nightmare.
You’ll need more than that I’m afraid. You’ll need several more likely. You’ll need to size for more than you typically need so when you have those times when you do need to go over your “average” you have the electricity stored. And you better not do that too often or you’ll really need lots of extra capacity. In fact considering that not every day will be a sunny day…better plan on quite a few of those batteries moving in with you.
You did see the “typical” day part right. And if you live someplace like I noted…say Michigan? You’ll likely still want to be connected to the grid. We may still want some amount of traditional generation.
They are also expensive as f— when compared to a base load plant. You want to run them only when you need them, not all the time. Yes they can ramp fast, but see that expensive as f— part.
Of course he is going to say that. He isn’t going to tell you the product he wants to sell you sucks. My cousin recently bought solar panels. He thought he was going to get a massive bill reduction. I pointed out that, no…probably not. I asked “Which direction does your roof slope face? How big is your roof? How many sunny days on average? Etc.” Turns out he could have gotten a better deal installing a window AC unit in his bedroom, and run that while he sleeps during the day and not his main AC unit, and skip the solar. Yes, the window AC unit is less expensive, but on a cost basis it is more efficient.
I know about them and all the issues they entail.
And if Tesla’s claims about his electricity related products have the same degree of success (more likely lack of) it probably won’t be Tesla products in our homes when the day comes when we have largely energy independent homes.
The point is they are going to talk it up and gloss over the downsides.
Peaker plants are expensive.
My point is that people talk up their product. They won’t tell you that their solar panels have a capacity factor of say 25% and that doing a straight calculation off the name plate rating is going to mislead you.