PopularUsername

joined 1 year ago

So the first point was that depending on your files/archives and how you access it, year or month or day may be more relevant to the user, which is why I was saying it's dependent on the user, so I don't agree that a human centric solution is always going to say the year is less relevant.

And then if we are going to prioritize organizing the numbers in such a way as to save the eyes a millisecond of time, for standard usage month would be the orienting date since you need to make sure you are looking at today's month, and then day would be the next necessary date, and then you'd still need the year there, so you'd end up with Month Day Year. Putting Day first would be just as wrong as putting year first because it is irrelevant until you establish the month, it's too granular.

[–] PopularUsername@lemmy.sdf.org 1 points 3 weeks ago (2 children)

Leaving aside the problem that you are choosing a date system depending on who is using the dating system and for what purpose, under that condition the most logical would be MM/DD/YYYY, which is truly terrible, so I'm going to politely ignore your argument.

 

I just found it really funny that the Bitcoin haters at /r/Buttcoin are talking up how banks are avoiding Bitcoin but the top comment confirming this admits there is massive client side demand from institutions and family offices...

[–] PopularUsername@lemmy.sdf.org 5 points 6 months ago

Weird, seems like the exact same concept but for social media, yet no one is here.

Thanks for clarifying about the other comment 😂 I honestly thought they said I would lose all my money if we were all on the same community, was genuinely confused.

 

I stopped coming back to Lemmy 6 months ago after seeing there was not enough traction. Is there any good community for Bitcoin or just Crypto that is active with daily users?

The mod for this community (lemmy.ml) seems to have disappeared long ago (no posts, no comments, and I reached out to them many months ago and they have never got back to me)

The main mod for lemmy.world/c/bitcoin is just a squatter, who specifically mentioned to me that they are there to hand it over to the Reddit Bitcoin mods if they ever appear.

discuss.tchncs.de/c/bitcoin seems to have the most active mod, although I haven't checked the other bitcoin communities recently. I think it would be good to move activity over there, unless people think there is a better sub.

 

A surprisingly neutral take from IMF researchers on Bitcoin in a recent paper. A 43-page paper, A Primer on Bitcoin Cross-Border Flows: Measurement and Drivers

Twitter user @Matt_Hougan gives the following summary:

Takeaway #1: Countries that have limited access to the broader global economy are big users of bitcoin on a relative basis.

The paper notes: “The magnitudes of the estimated Bitcoin cross-border flows are sizeable with respect to several countries’ GDP, especially in those which experience relatively small capital flows.”

This finding is repeated throughout the paper. It makes sense: People in countries facing either capital controls or limited access to the global economy are using bitcoin as a release valve.

People have called bitcoin a tool for economic freedom. The data in this paper provides a proof point that it's being used exactly for that.

Takeaway #2: The US is an extreme outlier in its low adoption of bitcoin vs. traditional capital flows. Our perspective, therefore, does not reflect everyone’s reality.

As proof, the paper includes a great chart comparing cross-border bitcoin flows vs. flows into traditional investment products by GDP. (Note: The chart labels traditional flows “EPFR” because it gathers the data from EPFR Global.) You can see that the US has the most extreme reading in its dominance by traditional funds. On the other end of the spectrum are countries like Venezuela and Ukraine.

Takeaway #3: The IMF is paying attention to bitcoin.

This is a serious paper. It's written by three IMF researchers, includes a survey of relevant academic literature, and takes a sophisticated approach to using using on- and off-chain techniques to determine bitcoin capital flows.

The IMF is doing this research because bitcoin "has grown rapidly over the past decade" and policymakers increasingly need to understand its impact on the global economy.

Consider this piece from the conclusion:

“These findings are in line with a recent body of work suggesting that Bitcoin facilitates the circumvention of capital flow restrictions (Graf von Luckner et al., 2024, 2023; Hu et al., 2021). As highlighted by IMF (2023a), policymakers aiming to manage capital flows should ensure that capital flow management regulations cover crypto assets.”

They also note that rising bitcoin use is a "symptom" of imbalances in the traditional economy.

The world is waking up to bitcoin.

 

Smugglers melted and spray painted $10 million in gold to look like machine parts - but they got caught.

[–] PopularUsername@lemmy.sdf.org 27 points 1 year ago (1 children)

I've always disliked how this is described as a paradox. It only highlights a broader point found in many systems, a just system is never about "the good" outnumbering "the bad". It's about a balanced equilibrium, as are most relationships. Besides, allowing intolerance is not a tolerant act, that's not the way we define that term. To make such a claim would be as ridiculous as a racist person saying they are practicing tolerance by not challenging or question any of their bigoted thoughts and instead just letting them play out.

[–] PopularUsername@lemmy.sdf.org -3 points 1 year ago (2 children)

Much like his company, it's a copy off of Elon Musk

"If you buy a car that does not have the hardware for full self-driving, it is like buying a horse,”

[–] PopularUsername@lemmy.sdf.org 1 points 1 year ago* (last edited 1 year ago) (1 children)

Yeah that and the Bitcoin post. My .world account was having weird glitches, but I haven't used this one much yet, but haven't run into any issues yet with sdf. (Edit, I realize I commented in two different Bitcoin communities, the first one was .world)

Thanks for the tip, I'll look into that

[–] PopularUsername@lemmy.sdf.org 1 points 1 year ago (3 children)

Probably easier to skim through my history. Yes I believe so, so long as it is @lemmy.world community right? Not relevant where OP is from?

[–] PopularUsername@lemmy.sdf.org 1 points 1 year ago (2 children)

Okay thanks, that makes sense. I'm not highly technical so I'm just trying to run through every potential risk. That was the last thing bugging me.

[–] PopularUsername@lemmy.sdf.org 32 points 1 year ago* (last edited 1 year ago) (3 children)

I always thought this for the financial market: Standard & Poor

Moody

The Fed (as in, the past tense of feed)

[–] PopularUsername@lemmy.sdf.org 1 points 1 year ago (4 children)

100% that's why they call it a passphrase and not a password, it would be foolish to use something that can be brute forced. Anyways, my question is specifically about the storage of the key when unencrypted, would you happen to know if it ever touches the hard drive?

 
 

Just wondering if there is a risk of it being recoverable after the transaction has been completed. I figured it would be stored in RAM and thus unrecoverable after powering down, but I can't seem to find anything on that.

[–] PopularUsername@lemmy.sdf.org 2 points 1 year ago (1 children)

It depends on how dry the food is that is being touched... Except chicken wings now that you mention it.

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