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Joined 3 years ago
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Cake day: July 30th, 2021

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  • There’s only one good use-case I can imagine for blockchain:

    Hospitals sharing data.

    At least in Canada, your allergies, sensitivities, or any information about you is only at a single hospital unless you visit another and give them that info yourself. This obviously isn’t ideal, because if you’re in another city and are in a position where you cannot communicate that info when you go to the hospital, things could end up poorly.

    What would be really great is if the hospitals could be on their own private blockchain, with each facility acting as a node on the chain. The redundancy of the information and constant sync across all nodes actually makes sense here, and the hospitals would all be updated with the latest information that they receive from one another.



  • See above. The comparison was to what the crypto boom has done to GPU prices.

    Sia seems mildly interesting, but I don’t see what purpose it fulfills that self hosting does not. It introduces several complications to what should be a fairly straightforward process, and keeping your files on the Sia blockchain would really limit what you are able to do with them without introducing even more complicated steps. Like if you wanted a hosting solution that could act as a database, or a simple webserver. It seems like just another way to get people to buy into a specific crypto currency.

    Get rid of the crypto currencies, and use the blockchain for more reasonable things. At least in Canada, there would be merit in having every hospital acting as a node on their own private blockchain so they could share patient information. Make sure that if someone is hospitalized outside of their usual location, they aren’t given something that they’re allergic to. Blockchains are largely just privatized, highly redundant networks for data exchange and tracking. I think what people outside of investors seem to be truly drawn to is that idea of privacy and data ownership. Fediverse and self-hosting align closer to these ideals




  • For ponzi-schemes, you have to look at the crypto industry’s lesser known feature: Tokens

    Long before NFT’s, companies have been manufacturing systems to create “tokens” (usually utility tokens) and trying to sell them to other people. This usually happens through crypto conferences, crypto meetups etc. Typically, the plan is to convince people of their impending value growth by going on a long complicated sounded explanation of how tokens are earned and how many people are buying into them, and then get that person to by a bunch of cheap tokens. The promise is that they can then sell them to others to make more money, or (in quite a few cases), sell tokens to someone who will sell tokens and give the initial seller a small percent… and so on.

    Bitcoin did not start with fiat-investment opportunities, but with the way the entire crypto market is operating, that’s the goal now: creating investment opportunities. It’s proven to be a very effective means of making fast-money, so there’s no incentive for the market to move away from pushing crypto as an investment hole rather than focusing on value control and stability to make it a more accessible form of currency. It also makes me wonder about how functional a lot of these coins even are in terms of utility. How many stores will accept every single kind of crypto?

    And nobody wants to talk environment… but it’s a really huge point to bring up, especially now that the environment is worse than ever. I’ve really dug into the impacts on other posts, but I try to at least mention it because this is the one big aspect outside of the “currency” itself that actually impacts people who choose not to participate. The GPU shortages, the giant mining farms, growth-driven-proof-of-concept-difficulty-increases, etc. I get it, they’re working on something better than proof of work in terms of energy consumption. But look at how many of the damn things exist! And since all crypto currencies work alongside fiat, it’s not like we’re replacing traditional banking.

    Sure, the energy consumption and carbon dioxide output is roughly ~50% of traditional banks, but unless everyone suddenly decides that they don’t care about their fiat investments, that output is just going to grow alongside traditional banks




  • different, yes, but it doesn’t make the person doing the work any lesser or greater than a person doing some other kind of work.

    a sex worker may not even run the risk of bodily harm depending on their situation, whereas it’s almost guaranteed that a roofer will.

    I’m mostly making the comparison because saying things like “dirty money” and implying that sex work is more bodily abuse than any other type of hard labour is a bit naive. Each job takes something away from you. Sex work isn’t any lesser or greater than other types of work because it involves sex. The real shame is when a person is being forced or endangered to do their job in any situation.

    A lot of comments that are against sex workers are based on their own personal feelings about sex and why it makes the person doing that work lesser than others. I’m making the roofer comparison because sex work is a very real thing that some people do.

    It’s a service that other people pay for, and not exclusively “evil” or bad people. The vilification of the work itself, instead of those who endanger the workers, is ridiculous. That’s all I’m saying


  • A roofer destroys his body every day he works in order to get money, or to receive a “bribe” as you put it. Does the fact that he needs money to live make this situation less consensual?

    Do you imagine that he loves roofing, and that the fact he’s getting paid for it makes him abuse this right that he’s “earned?”