Chia storage use is very much on the exponential growth curve right now, and I'm curious when shortages will start being felt in US consumer channels.pic.twitter.com/CBe24IhpJz
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The attempt reminds me a lot of early attempts to formalize mathematics—that if you could put everything on a basis that you could prove theorems about, and had enough expressive power, you'd eventually get arrive at a "God's eye view" of Truth and Beauty and so on.
The discovery that this is not possible even in principle was a pivotal moment in human thought. There's a similar (if less lofty) principle at play here. Any interaction between people is irredeemably and ineradicably social, no matter how much code you slather on top of it
The problem with cryptocurrency, though, is that it has that false promise. It seduces people who are exceptionally brilliant but (for whatever reason) uncomfortable with the messiness of social interaction and human institutions in general. And it attracts raging sociopaths.
The usual mantra is that technology is amoral, and we twist it to our human ends, for good or bad. But cryptocurrency is a good candidate for tech that is inherently evil. It's an intellectual island of the Lotus Eaters for smart minds, and you can also do lots of crimes with it
Anyway, keep an eye out for Pinboard FunBuxx! You'll want to get in on the ground floor of this one
The internet-mediated diversion of extremely smart people into dead-end basins of thought like hyperintelligence or cryptocurrency is something I post a lot about on this site, rather than making productive use of my time
With all due respect, that's not the problem I see cryptocurrency as solving. The problem I see it solving is that it allows people to write software that allows people to interact economically. You don't need a corporation for this, or a bank account; just a text editor.
I could not implement https://aftok.com atop the traditional financial system, because the traditional financial system has no mechanism for me to write a piece of software that says "person X should pay person Y amount Z" and verify later that the payment took place.
I once cost myself tens of thousands of $ in development business when I told an architecture firm that I told them my technical solution to their issue wouldn’t work if they wouldn’t pair it with an HR solution. Shoulda just nodded and done the (prepaid) work for them to abandon
explicitly antisocial money, as if the regular kind hadn't become antisocial enough
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