• 4 Posts
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Joined 2 years ago
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Cake day: June 12th, 2023

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  • If you haven’t yet, I can really recommend reading Satoshi’s whitepaper on what Bitcoin is really for. The fact that crypto is now used as an asset to trade in order to gain ‘old’ money really spits in the face of the ideology of a decentralized ledger. And the fact that a dollar value is assigned to it means it becomes the target of a lot of scams. The fact that a decentralized ledger also means greater anonymity has made it a popular target for illicit activity as well.

    But by design, it really only wants to take power away from banks in order to stop devaluation, make it impossible to charge people for transactions and to put control of assets into the hands of individuals. The amount of money currently in circulation is way more than the actual physical amount available, because banks can lend you money they don’t even have. Bitcoin would make this impossible.



  • Money is an IOU. Bitcoin is an IOU but the ledger is decentralized rather than in control of banks.

    Once you start seeing the value of any currency as one of itself rather than trying to express it in a different value system, a Bitcoin needs nothing but its inherent worth as payment.

    That said, because we all still use traditional forms of currency, a Bitcoin is now worth, say, 112000 breads. It’s worth two new mid-sized cars.

    Value is based on scarcity and demand. If something is hard to come by, like bitcoin currently is, the price is hardly affected. But if demand is higher than the supply, prices skyrocket. Demand dies down the moment people feel like crypto is a scam. Supply will stop since Bitcoin has a physical limit (of the top of my head 21 billion). It is no longer realistic to start mining the stuff and receiving it for payment is just silly at this point.

    But to flip it around, what is the value of a US dollar, without expressing it in terms of another currency? It used to be tied to gold. You can’t really state one dollar is equal to, say, one bread. The price of bread has fluctuated. Or, has the value of a dollar fluctuated and has a bread always been worth one pair of socks?

    Baseline: everything is worth one of itself and trying to express it in another value system is just a snapshot, a moment in time which will have changed soon after.







  • Since Fairphone is Dutch it kinda makes sense they’d make this mistake. I suppose if you’d e-mail them about it they’d be open to making the change. They’re probably not even aware of it.

    It gets more difficult if even the script is different. I once installed some Chinese app that would put the language picker in Mandarin and their symbols. I really didn’t know how to change it to anything I could understand so I’d go by all of them one by one until I found a language I understood.



  • I think this comment captures it best. Nazi’s in the 1930s to 1950s were a very specific group of people and Hitler was essentially just their leader until he became somewhat of a fascist dictator. But let’s not forget, for instance, Mosley, who was a British politician advocating for fascism.

    But the term ‘nazi’ has a very clear definition and I think maga would be a good counterpart.

    Nazi, NSB’er, fascist, these are all just terms. Maga’s would now be the term for the supporter of undemocratic regime. Whether they are the same kind of fascists as nazi’s, well…

    I think it’s more important not to compare the groups. It does not go beyond supporting a regime that actively oppresses by making promises based in populism. Can you really blame people for electing someone who yells they will make the world better for you, specifically? Whether they will make the world more horrible for others is irrelevant at that point.

    So in short: depending on the outcome of all of this, I think the Americans that have supported this regime will be branded in their communities for life, but only if they’re open about it. I think in Nazi Germany there must’ve been some people who, in 1933, agreed with a lot of stuff Hitler said (and to be fair to them, Germans lived horrible lives due to penance for WWI and Hitler vowed to do something about it, oh and also the Jews are at fault for your misery) but by 1939 perhaps they felt uneasy about what was going on.

    There are quite a bit of Americans who already feel Leopards Ate Their Face with what’s going on.









  • Oh man, there’s this German company Beurer that makes simple equipment for medical home application. They make this sort of zapper thing, which is battery oper and it just heats the shit out of a little ceramic plate. Put that on a bug bite, it heats away the irritation. No more itch, no more venom in your body, just gone.

    I am no longer careful around biting bugs. Keep in mind it’s not supposed to work for stingers.

    I figured for 15 euros it’d be too bad if it doesn’t work but I now can’t imagine not having it.

    I’ve since also bought a TENS/EMS machine of theirs and a laser hair removal tool is underway for my wife.

    I completely trust this company based on just two products.