One of the biggest misconceptions about bitcoin is that it’s a neoliberal/libertarian thing. Thinking this way only shows lack of understanding. A famous short video from the most respected bitcoin educator will make understand better. https://youtu.be/ywO0r_Fz0lc
And about the environmental concerns Lyn Alden has a post that deals with all the misinformation. If you are really interested take the time to read it, it’s exhaustive. https://www.lynalden.com/bitcoin-energy/
Honestly I was expecting far more downvotes. I posted the video with people like you in mind, who still can think critically without the burden of misinformation and ideology.
This video has seemingly no sources for its claims.
It’s just an introductory video. The references are in her book. I counted around 300.
Lyn Alden is part of “Ego Death Capital”, a venture capital company around cryptocurrencies (https://egodeath.capital/team)
Only Bitcoin. Bitcoin is not any crypto or altcoin, which I agree most are scams.
Lyn Alden is the Board Director of Swan Bitcoin - a Bitcoin investment platform (https://www.swanbitcoin.com/alden/) Lyn Alden is not an economist (https://www.lynalden.com/about-lyn-alden/)
Who are you expecting to make a video about the failure of the current system? A banker?
Bitcoin cannot be diluted (~27:25) REALITY CHECK: Bitcoin is always being diluted until it reaches its hard limit.
What she obviously means is that nobody can delute it. It creates new money at a mathematically determined rate.
The value of Bitcoin has only increased over time (~27:50) REALITY CHECK: The log scale is playing tricks. A linear graph would show how volatile Bitcoin has truly been.
She doesn’t say that. She says bigger highs and bigger lows, which is true. That doesn’t mean it always increases.
Bitcoin’s hard limit is likely very dangerous for the network (~29:00): Once the hard limit is reached, it is unclear if people will keep >pumping computing power at it. If the creation of new Bitcoin is no longer allowed, it is possible that transaction fees will need to >be raised to compensate miners.
Dont worry, it will happen in 2140.
And of course is Bitcoin propaganda, and more of this quality is needed.
Besides the solution proposed, the video excels at explaning how we reached the current mess in the economy.
Calling it crypto won’t make people understand. Watching the video will help people to understand, the why and the how. They don’t necessarily have to agree with the solution but the most important thing is understanding the problem because too many people are still unaware of it.
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That’s how he made the calculation, but it’s not what he said, because 5% of European jews each year it’s not the same as 5% of the initial European jews. The word initial is absent and in my view that make its numbers wrong. But yeah, may be I’m being too strict and most of you understood what he meant. By I think it’s misleading because it can give you the idea that in general if you have 60% in 12 years you can calculate the percentage for each year just by dividing by 12. And that is certainly wrong.
If you kill 5% of the population every year from 1933 to 1945, how much of the initial population >you end up killing?
This is the simple math problem you stated and the answer is 46%, not 60%. Nobody does the calculation the way you do. Or you think that a simple math problem has two contradictory answers? Show me a single example that someone does the calculation the way you do to answer such a problem, you have the whole internet. I accept my error if you find it.
Capitalism just means stuff can be >privately owned
This is the antithesis of free software. FOSS can not be owned. Patents and copyright are essential to capitalism. You are not allowed to copy and redistribute Adobe Photoshop, nor the music of your favorite band, movies, books, etc etc
That’s not how percentages work.
Still on 6.1.0-17 and nothing shows up after sudo apt update.
Unfortunately for them this means that 99.99% of the Linux distributions out there do not qualify as >GNU/Linux, even the ones like Debian, Red Hat, or Ubuntu that did adopt the GNU/Linux name >scheme, because they all host, promote, or allow users access to non-free software in some way.
You are totally confused. In words of R. Stallman:
“The kernel is an essential part of an operating system, but useless by itself; it can only function in the context of a complete operating system. Linux is normally used in combination with the GNU operating system: the whole system is basically GNU with Linux added, or GNU/Linux. All the so-called “Linux” distributions are really distributions of GNU/Linux”.
“Today there are many different variants of the GNU/Linux system (often called “distros”). Most of them include nonfree programs”.
It’s not unusual to see people talking about android users being Linux users “because android is Linux too” clearly not understanding the difference between Linux the OS, i.e. GNU/Linux, and Linux the kernel. So it’s useful when you have to make such a distinction.
Libgen.rs (books for free) By doing without reading you are at risk of not understanding the meaning of what you are doing.
I use Debian+KDE but I’d love there was a KDE Neon Debian Edition, à la Mint.
He is clearly talking about the problems with Linux the OS, i.e. GNU/Linux, not with Linux the kernel, which is what Android is based on. So Android users don’t count as Linux OS users. Besides that, I’ve been using Debian+KDE for over a decade as a daily driver and never had any such issues, It’s hard for me to remember a single issue of importance.
do you see how easily you are manipulated with misinformation? That’s why people don’t stop talking stupid things about bitcoin. She doesn’t say that in any moment. She says higher highs and higher lows, which is true and doesn’t mean allways increasing.