• 4 Posts
  • 30 Comments
Joined 1 year ago
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Cake day: June 21st, 2023

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  • 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.










  • corvus@lemmy.mltoAI Generated Images@sh.itjust.worksRibcage Nebula
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    4 months ago

    Conservation of angular momentum L = r x p (vector product) with p = mv the linear momentum. So if L being a vector is constant so is its direction, so p (and v) being perpendicular to L implies that the movement must be constrained to a plane (perpendicular to L). It’s the same reason why the planets of the solar system lie on a single plane and not on a sphere like artificial satellites around the earth.




  • corvus@lemmy.mltoScience Memes@mander.xyzHuh??
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    4 months ago

    It refers to the ability to locate the source of a sound. It supposes that the localization is achieved only by the difference of the time of arrival of the sound to both ears. That’s why the curve is a hyperbola, which is the set of points which distances at the focuses (ears) have the same difference, so you couldn’t differentiate which of all the points in the hyperbola is the actual source (confusion). But this is too simplistic, the auditory system is much more sophisticated and the source can be localized by other means.

    Sound Localization



  • Amazing but more usual that one might think, it’s the same anger you can see in people that identity themselves with some other fictions like religion, nationalism, football teams, ideology, race, etc. When watching a movie you kind of temporarily turn off your disbelief to experience joy, sadness, anxiety etc but when the movie is over the healthy behavior is the recognition that everything was an acting. But with the fictions that I just described somehow the disbelief is never turned on, the critical thinking is canceled.




  • corvus@lemmy.mltoMemes@lemmy.mlBlockchain: the wave of the future
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    5 months ago

    With all the information available at your fingertips being ignorant is a choice.

    “this parallel financial system can also serve a tangible social good, offering an onramp to the financial system for people who would otherwise be left out. In countries where the vast majority of the population is unbanked, national currencies are no longer a safe store of value, remittances comprise a hefty portion of GDP, and international sanctions complicate connections to the global economy, a virtual currency that doesn’t require an intermediary to approve transactions can be a vital lifeline for survival”

    Bitcoin is poised to blow up Africa’s $86 billion banking system





  • corvus@lemmy.mltoPrivacy@lemmy.mlBest place to keep cripto
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    5 months ago

    You won’t have to try the combinations of 250 words because the seeds are words at equally spaced distance so at most you have to try 20 combinations. And that’s supposing that all the 250 words are from the seed list, which obviously is not going to happen, so you only have to try a few valid combinations if you forget the number 13. So all you have to remember is the title of the essay and that the seeds are equally spaced, and even the later is not necessary if you think about it just a little bit (just don’t use words from the bip39 wordlist for the rest) and I expect that you are not dumb enough to save the page in only one single place among thousands of other pages. If you want you can save the page in the same way you would save the 12 words, may be with a couple of other documents, but the point is not saving a paper with just 12 words!


  • corvus@lemmy.mltoPrivacy@lemmy.mlBest place to keep cripto
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    5 months ago

    Absolutely. All you need to recover your keys are the 12 words. Never save the 12 words alone, If someone come across them it will be obvious what they are. Write a little essay of one page of length or less about whatever topic and hide the words in it (like every 13 words or whatever method you like that its easy to remember). Nobody has to know that you save your keys in this way. For me the key to save the seeds safely is disguise, simply because they are just words and its easy to do it. Hide the essay among other documents and that’s it. If nobody knows that that’s the way you save them there is no way they can figure it out. That way you can leave them in many places for additional safety.