Token Daily

25 2

DankFo3ta5 Tin Yesterday

Breakpoint sucks just saying

2

Retr_0astic Diamonds are made under Pressure. Yesterday

Definitely, glad I didn't buy it after playing the beta.

1

DankFo3ta5 Tin Yesterday

Was actually really sad over it. I thought it was going to be awesome and a great second to wildlands....nooope

2

KevinAlexandr Platinum | QC: CC 73 | VET 10 Yesterday

I knew it, Bugisoft was the one that would start using NFTs.

1

xxclusvv Tin Yesterday

Boobiesoft nice

1

Beginning-Use4747 Tin | 1 month old Yesterday

Why is Tezos? I thought they were legacy project. Are they really better compared to competition?

1

Bdrake93 Tin Yesterday

And knowing Ubisoft they will abandon the whole idea a year from now. Like they do every game they make to work on the next one.

0

dramatic-ad-5033 Gold | QC: CC 31 | r/pcmasterrace 62 Yesterday

That no one asked for

0

stedgyson Yesterday

On Tezos which is good to see actually, some good tech right there

1

MoldyCheesey Yesterday

Saw this as an obvious transition in gaming with all the micro transactions these days.

I see this becoming more popular with battle Royale style game in the near future.

1

gl129384 Tin Yesterday

Eats popcorn while pcgaming reddit reacts with a salty tone

3

AcademicTortoise Platinum | QC: CC 93 Yesterday

Awesome that Tezos is being used!!!

5

believeinapathy Platinum | QC: CC 344, ETH 163, ADA 67 | TraderSub Yesterday

Yeah, so I noticed gamers HATE nfts and crypto, as can be seen on that Tezos Ubisoft YT video, kindof sad tbh. Not a single positive comment on the whole video.

2

boknowcrypto Gold | QC: CC 50 Yesterday

Wonder how they are going to connect wallets to consoles, not as easy as on PC

1

Retr_0astic Diamonds are made under Pressure. Yesterday

It might not be easy but Sony just made a deal with a Blockchain company, so they're certainly open for business. Also Ubisoft has Ubisoft connect, so they can make a workaround as well.

2

boknowcrypto Gold | QC: CC 50 Yesterday

Yeah I guess it falls on the game itself to set up a connection to a wallet. Could they potentially just use some custodial wallet they host rather than have each gamer set one up?

1

Retr_0astic Diamonds are made under Pressure. Yesterday

Yeah, probably Ubisoft will fork out and start a gaming coin exchange well. I really hope the games become better though.

1

boknowcrypto Gold | QC: CC 50 Yesterday

Would be nice, but they care more about lining their pockets with money rather than good games

2

boknowcrypto Gold | QC: CC 50 Yesterday

Haha I love how the article points out Ubisofts Crown Jewels with Assassins Creed and Just Dance

1

ViPo_ Tin Yesterday

What's the purpose of their nfts?

3

IDinnaeKen Tin Yesterday

To sell in game skins/ramp up micro transactions to a new level. That’s it. There’s nothing innovative or noble about their motives, and gamers get nothing from this they didn’t already have. Except maybe they get less, if the [terms of service](https://twitter.com/bobbydigitales/status/1468335890317512706?s=21) are anything to go by (which include stipulating you’re not allowed to even show your visual asset in videos or photos lol). Edit: It even says these are entirely for cosmetic value and enjoyment while playing the game, and cannot be used or traded as investment items. It also says Ubisoft owns the visual representation, which they license to you. https://legal.ubi.com/ubisoftquartzterms/en-US This is a whole lot of nothing. I hope people read this properly instead of just seeing “NFT” and getting excited.

2

AutoModerator Yesterday

https://nitter.net/bobbydigitales/status/1468335890317512706?s=21 Here is the link to that Twitter thread on Nitter. Nitter is better for privacy and does not nag you for a login. More information can be found here: https://nitter.net/about *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*

1

420shibe Yesterday

same as all other nfts

2

Brianinkonthepaper Tin Yesterday

🤷‍♂️

1

Thevsamovies Silver | QC: CC 371 | WSB 171 | r/UnpopularOpinion Yesterday

Built on Tezos.

17

Elevatorisbest Gold | QC: CC 45 Yesterday

Is that a good or bad sign?

2

Thevsamovies Silver | QC: CC 371 | WSB 171 | r/UnpopularOpinion Yesterday

Good. Decentralized, PoS, fast, etc.

4

DirksSexyBratwurst Yesterday

Good. Tezos has great functionality and is relatively environmentally friendly.

13

Thevsamovies Silver | QC: CC 371 | WSB 171 | r/UnpopularOpinion Yesterday

One of the most eco-friendly cryptos by far.

9

coinfeeds-bot Approved CC Bot Yesterday

tldr; Video game publisher Ubisoft is launching a platform that lets players earn and purchase in-game items that are tokenized as NFTs on the Tezos blockchain. The platform will launch first in the PC version of Tom Clancy’s Ghost Recon Breakpoint, the latest online game in the long-running tactical shooter series. It will launch in beta on December 9.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

1

Kalium606 Yesterday

Game on

1

coinfeeds-bot Yesterday

tldr; Video game publisher Ubisoft is launching a platform that lets players earn and purchase in-game items that are tokenized as NFTs on the Tezos blockchain. The platform will launch first in the PC version of Tom Clancy’s Ghost Recon Breakpoint, the latest online game in the long-running tactical shooter series. It will launch in beta on December 9.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

1

tomero9990 Gold | QC: CC 18, ETH 25 | TraderSubs 22 Yesterday

When COD?

1

Wonzky Platinum | QC: CC 751 Yesterday

Crypto gaming about to take off

6

xqpcy Gold | QC: CC 62 Yesterday

About time

1

joodowski2 Tin Yesterday

ENJ FTW!!!

3

tylesftw Yesterday

How does ENJ align with this? (I am noob)

1

djuro94 Platinum | QC: CC 284 Yesterday

I want some Far Cry 3 NFTs. Best Far Cry ever.

2

Retr_0astic Diamonds are made under Pressure. Yesterday

I want some splinter cell NFTs, and maybe a game.

3

themomodbot Tin Yesterday

Make it bun dem still one of my favorites song because of "that" mission

2

LonelyDruid Be a Lobster Yesterday

One of the most memorable missions I've ever played.

1

themomodbot Tin Yesterday

I always imagined it either Ubisoft or EA to be the first major publisher for in-game NFTs. Because you know, their "reputation". Hope other publishers follow soon.

14

kirtash93 The Ash Ketchum of Crypto | Gotta Catch 'Em All Yesterday

Maybe luck or maybe you have a power. Tell me more, which two coins do you think will make a 100x next?

1

themomodbot Tin Yesterday

BTC... In the year 2100-ish lol

3

milky-white-horse Platinum | 4 months old | QC: CC 684 Yesterday

Looks like your imagination came to life

2

themomodbot Tin Yesterday

Yup. Let's see if EA is next lol

2

Elevatorisbest Gold | QC: CC 45 Yesterday

Ubisoft bullish on NFTs!

At least they seem to actually be a decent and fun implementation of NFTs, instead of just some overpriced JPEG that anyone can screenshot.

4

themomodbot Tin Yesterday

For now. Because Ubisoft will find a way to milking every penny from their player base, even using JPEG NFTs. I'm not surprised if they decided to do it in the future.

2

Elevatorisbest Gold | QC: CC 45 Yesterday

If they will do that (which as you have mentioned, I wouldn't be that suprised either) then I will be kinda disappointed but whatever, that's the way most big publishers are unfortunately.

2

themomodbot Tin Yesterday

True, it's kinda sad looking at major publishers right now. They used to be awesome, but now too focused on money. Ubisoft, EA, Activision, Blizzard, etc.

1

Lefty2Gunz81 Gold | QC: CC 30 Yesterday

You just beat me to posting this! Big news!

6

themomodbot Tin Yesterday

Same, I was just saw the trailer and gonna post that but this madlad already posted it lol

4

Sgt_Shitcoin Tin | 2 months old Yesterday

Why did it have to be ubisoft though lol

8

Lulullaby_ Gold | QC: CC 71 Yesterday

May they fail for others to learn. It really doesn't matter who does it first I think. The first step has been made, making it way more likely others will follow.

2

Sgt_Shitcoin Tin | 2 months old Yesterday

Ya that's true I just needed to voice my disdain for ubisoft lol

1

Odlavso Vibranium | Eternal | QC : CC ???????? Yesterday

while other companies are focused and creating great games, ubisoft is focused on getting more money out of it's existing games.

24

TriggerWarning595 Gold | QC: CC 25 | r/Science 11 Yesterday

Don’t give Rockstar any ideas Why make GTA 6 when GTA 5 the NFT edition sells just as well?

3

Comprehensive-Pain-4 Platinum | QC: CC 180 Yesterday

Sadly EA/Dice isnt one of those that are focusing a great game, Battlefield 2042 is a fucking mess :(

2

alfred_27 Platinum | QC: CC 206 Yesterday

The NFT would be unfinished just like all their games recently

9

milky-white-horse Platinum | 4 months old | QC: CC 684 Yesterday

The other half of the NFT is sold as a DLC

2

Retr_0astic Diamonds are made under Pressure. Yesterday

They can have all the in-game items in multiple games, most of their yearly games are reskins anyway.

2

Sgt_Shitcoin Tin | 2 months old Yesterday

True!!!

1

ImLinker Gold | QC: CC 35 Yesterday

Lmaoooo facts.

1

3

2 1 5

2

1 2

25 2

walloon5 1 day ago

Nice balanced article, cool to see it go more mainstream

2

the_original_nullpup 1 day ago

You fools. OP is either a Cruz shill or a bitcoin pumper.

1

Dr-Slay 1 day ago

Oh so now all the sudden these conservative hypercapitalist wannabes admit the grid was fucked up.

Lefties have their problems, no doubt - but the political right is batshit insane. Ted Cruz is a parasite and should have stayed in Cancun (or wherever he cleared off to when the shit got real).

Fuck humans. I'm so sick of all your bullshit. You psychotic consciousness-raping clowns.

1

halfapestyle 1 day ago

hypercapitalists have always been complaining about what an embarrassment the grid is. By definition we hate any kind of government activity. Their disastrous attempts at infrastructure have always been some of the best examples of government incompetence.

4

ILikePracticalGifts 1 day ago

“Ummm, capitalism didn’t create the infrastructure bill sweety!!! 💅✨”

2

WSB_Slingblade 1 day ago

Ding ding ding

2

Andrew8Everything Since '88 1 day ago

Bitcoin and any other PoW crypto will be dead within five years. PoS crypto is here now, faster, cheaper, and doesn't require massive amounts of energy to process.

ELI5:

PoW = Proof of Work - massive computations to run the Blockchain

PoS = Proof of Stake - the coins run the Blockchain and pay dividends to holders

1

svanapps 1 day ago

Thank this post to u/BashCo 🙏💙

1

coinfeeds-bot 1 day ago

tldr; Crypto enthusiasts believe the fix to ERCOT's reliability problems and price fluctuations is to add another electricity consumer into the mix.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

2

EngineSpecialist259 1 day ago

I really need to get out of here soon.

1

Technologhee 1 day ago

What are you escaping?

1

big_fetus_ 1 day ago

oh shit lol communism prevailing in texas? say it aint so. ted cruz can pretend that this isnt workers seizing means of production all he wants but...

0

NearbyTurnover 1 day ago

Bitcoin is the most anti socialist/communist as you can get.

1

ILikePracticalGifts 1 day ago

Wtf this is retarded. Stop trying to co opt bitcoin for your “revolution”.

1

jolly_octopus 1 day ago

This is as Laissez-faire hypercapitalist as you can get lol. All of these Bitcoin mining companies are owned by capitalists. How many "workers" do you think work at a Bitcoin mine? How many "capitalists" do you think own that mine, including the ASICs and real estate? How do you think the profits are split between these two groups?

4

halfapestyle 1 day ago

socialists never have any actual arguments, so they resort to twisting language around and warping the definitions of words.

4

CoolKidZDoDrugZ 1 day ago

Cruz is trash

0

LarboLarboLarbo 1 day ago

ERCOT powers about 90% of the state, but to run smoothly, it requires a perfect balance between supply and demand. Having too much power and not enough buyers is just as bad as everyone wanting to fire up their AC units on the same day in July.

Baahahahahahajah. I just can’t with these people. They literally know nothing about power generation.

1

Technologhee 1 day ago

What are they missing?

2

Outrageous-Ad8172 1 day ago

Old ted found a new way to make money from the grid bit coins he has to have invested in cancun on vacation last year

1

nonoimsomeoneelse North Texas 1 day ago

Oh shit, if Ted Cruz agrees with me I must be in the wrong. Sell.

1

zwondingo 1 day ago

I hate that Bitcoin and crypto are synonymous because there are some really great projects out there that use a very small amount of energy in comparison. Even ethereum is moving towards proof of stake to become more sustainable.

Bitcoin, however, is not one of them and deserves to become obsolete.

2

Technologhee 1 day ago

I don’t know why anyone would bother with anything less decentralized and stable than bitcoin.

0

zwondingo 1 day ago

This is all wrong and not worth addressing. Go read.

1

zwondingo 1 day ago

Bitcoin is not and has never been the most stable nor the most decentralized and is also very bad for the earth. There's plenty of reasons You really like talking out if your ass don't you? Go read a little before commenting on things as fact that you obviously know very little about.

1

zwondingo 1 day ago

Only Texas would be stupid enough to entertain this.

That is the exact opposite of what we need to be doing in order to have a habitable planet in the future.

Consume electricity at peak levels, all throughout the year?? This is madness.

2

Technologhee 1 day ago

That’s how electricity works now and has always worked.

0

zwondingo 1 day ago

You obviously didn't even read the very article you shared. Shameful.

1

1Operator 1 day ago

...Miners commit to buying a certain amount of power, and either use it for mining if the grid doesn't need it, or sell it back at a profit if the grid demands it... "there's too much demand for power. Please power down your data center... all you have to do is pay the miners slightly more than what they would have made mining for bitcoin..."

How is that "HeLpInG tO fIx" anything??

2

AccusationsGW 2 days ago

Con artists and crypto bros. Name a more iconic duo.

7

Technologhee 2 days ago

If you were attempting to make a point, I did not receive it,

0

AintEverLucky Yellow Rose 1 day ago

Crypto's a scam -- not hard to figure out, fam

4

Technologhee 1 day ago

It’s not hard to figure out that one of the most valuable assets that is currently in existence is a scam?

0

AintEverLucky Yellow Rose 1 day ago

> one of the most valuable assets that is currently in existence LOLOLOL thanks bruh, needed a good laugh, and that one hit the spot

4

Technologhee 1 day ago

I’m not making a speculative statement. It literally is. Do you have any disagreement about my assertion that what I’ve said is a fact?

1

AintEverLucky Yellow Rose 1 day ago

Right, you are asserting various things to be fact. That doesn't make them fact. Any more than your asserting that crypto is a valuable asset, actually makes it a valuable asset. ... are you okay, man? or did you pick the wrong week to stop sniffing glue? XD

4

Technologhee 1 day ago

I’m not sure you understand what we’re talking about. There are markets open 24/7 worldwide determining the value. It’s not debatable. What do you think we’re disagreeing about?

1

AintEverLucky Yellow Rose 1 day ago

It's completely debatable. Ever hear of the Dutch tulip bulb bubble? Crypto is the 21st century version of that. Actually that's a teeny bit unfair to tulip bulbs, since when the bubble popped on those, at least you could still plant them and get flowers. When the bubble pops on Crypto -- not if, when -- their value will drop to nothing. Because there's nothing worthwhile backing them up. No government, no bank, no reputable company, just a pack of fly-by-night artists who jacked off their computers & called it money

2

AccusationsGW 2 days ago

If this is supposed to be a comment, I'm not receiving the message.

6

kkeennmm 2 days ago

Ted Cruz is a wet fart

1

Technologhee 2 days ago

Thanks for your contribution.

1

NeedRoomba 2 days ago

So Texas is choosing to spend money and energy on an incredibly energy wasteful meme process like bitcoin mining to "stabilize" its grid.

While California has been on an absolute frenzy building up battery storage an in-state HVDC transmission lines. Yet California will perpetually be called the idiots on the left coast by everyone in Tucker Carlson stories.

4

Highway_Consistent 1 day ago

As someone who does high level security and crisis management consulting for the electric grid of California, I can in fact say that the California electric grid as it is today is a complete failure from the top down. Tucker Carlson is a douche. But Cali legislature, policy, and enforcement is in fact idiotic when it comes to infrastructure.

1

NeedRoomba 1 day ago

So you're a security guard and somehow you're a PhD. Electrical Engineer, PE - cool story.  There is no such thing as the "electric grid of California" - There is PG&E, SDG&E, LADWP, SVE, etc. Then there's CAISO and the PUC.  I think you're just a liar.

1

Highway_Consistent 1 day ago

You're on the right track, one of my jobs is to operate a security guard business, but that is only one of our sister companies. I myself do pen testing and cyber audits for all sorts of infrastructure in many states. You know what I mean when I say electric grid. I'm not an electrical engineer but I was a journeyman electrician before I switched careers, funnily enough.. As for my knowledge on the point. I take the PhDs and their bosses out to dinner. And they let me know all I need to know. And as for the security... Well you'd need TS+C clearance for me to discuss that with you. Cali's infrastructure is terrible.

1

Technologhee 2 days ago

Nothing I’ve read indicates that battery storage is a serious option.

2

jimbswim 2 days ago

I tend to believe nothing this dude says

1

Technologhee 2 days ago

What he says has no affect on what interests me in this story.

1

AlternativeRefuse685 2 days ago

Crypto is basically just a Pyramid Scheme and is ABSOLUTELY horrible for the environment. But because money can be made from it no one really cares

2

MalwareInjection 1 day ago

Decentralized banking and transactions are NOT a pyramid scheme. People in Venezuela and Turkey would especially disagree with this post.

0

AlternativeRefuse685 1 day ago

So you move money from a traditional bank to new banks that own and control crypto wallets. Big deal it's just another Billion dollar company that people funnel money through.

0

MalwareInjection 1 day ago

No that goes against the idea I would say. You can buy a $60 usb like wallet and have it all there. You can download a free app. You can keep it on the exchange if you like. But you decide where its held. No one controls your wallet unless that's what you want. I guess exchanges provide a service like a broker. But its different from the tool/tech of crypto. You can always mine them yourself

0

Technologhee 2 days ago

I think you might benefit from continuing to investigate the issue.

2

MemoryFomo 2 days ago

Ted Cruz is an international embarrassment.

2

ericgonzalez 2 days ago

So two things. 1. Cruz is betting miners will shut off even if Bitcoin price drops creating mining profit opportunities (not a chance). 2. This is just a distraction to mask that they’ve done nothing from a policy perspective other than double down on the policies which created the emergency in the first place.

1

Technologhee 2 days ago

They aren’t betting that they will shut off. They have contracts that oblige them to shut down because they will be compensated for their lost time. It’s not a guess, it’s a guarantee.

3

Ferfuxache 2 days ago

Lol. Yeah. That’s a lot of trust you got there.

0

Technologhee 2 days ago

It’s not trust. It’s a contract.

1

Ferfuxache 2 days ago

Trust in a contract is still trust.

0

Technologhee 2 days ago

That seems like the minimum amount of trust aside from bitcoin.

1

Ferfuxache 1 day ago

All you can do for breach of contract is sue and people don’t pay lawsuits everyday. This whole thing is horse shit.

0

gregtx 2 days ago

Greed will cause this to fail, ultimately. You’ll also be institutionalizing a BTC miner cabal, so to speak, with an immense amount of power and influence over ERCOT and the general pricing of our electricity. Not to mention the terrible environmental impact this would cause. Oh, and who gets invited to the BTC miner negotiating table? I mean, are we talking OPEC style market manipulation here? Will you have to be the BTC miner equivalent of a Saudi prince to get a seat at the negotiations? And you can ABSOLUTELY guarantee that Teddy would be getting rich off this.

4

Technologhee 2 days ago

I think you’re making leaps in this logic. Bitcoin is not oil. It’s energy consumption, not energy fuel. I doubt it will have a similar influence.

2

gregtx 2 days ago

Oil is supply side, BTC would be demand side. If you look at the macro economic impact of BTC mining in China, it’s had a MASSIVE impact over there. You have farms there with dedicated coal plants providing power. Now scale that here with BTC working on the demand side alongside the average consumer. They can easily play the price manipulation game by ramping up or down consumption. Hell, they would eventually be able to just invest in energy futures and then ramp up consumption (or just announce they intended to) to drive up the price. Rest assured, this plan will be terrible for consumers and our electricity prices would skyrocket. The only real counter to that would be rooftop solar, and there is no guarantee that they wouldn’t eventually stop buying that back if demand fell significantly enough. The only way I’d even consider the BTC thing to be a fair deal to consumers would be if ERCOT was forced to prioritize rooftop solar over plants, the buy back price for rooftop was the same as the wholesale price from the plants AND if the BTC miners were restricted from investing in electricity futures or any power generation /delivery infrastructure.

0

GingerGiantz1992 2 days ago

TIL the power grid is less secure that I thought possible.

Thanks Abbott

6

Technologhee 2 days ago

In what way?

1

GingerGiantz1992 2 days ago

It is designed to fail if the demand isn't high enough. No real storage when supply is too high. There is only a happy medium where the system works. That's a bad system.

2

Technologhee 2 days ago

Indeed, although I’m not aware of a better system. So far, my reading has indicated that all electricity grids operate this way. There doesn’t seem to be a more reliable method

3

DarkC0ntingency 2 days ago

You are correct Source: my boss who is a private energy sector consultant

2

Texassourian 2 days ago

I may be out of the loop, but is cryptomining done on a large enough scale, or common place enough in Texas to cause any of the aforementioned issues? I could see if millions of people were doing it, maybe it’d be a problem, but I can’t see to it that that large of a number of operations go on here. This is get your ass outside and work country. Not sit inside and play with adult monopoly country. Maybe I’m wrong, that’s very possible.

But to me, this just feels like the liberal’s equivalent to conservatives complaining about transgender people using the right/wrong bathroom. There’s not anywhere near enough transgendered people in the U.S., let alone Texas, for people to need to worry about it.

0

Technologhee 2 days ago

Bitcoin mining is an industry scale business. I’m not positive where it sits on the chart of electricity usage in Texas, but it certainly is an element worth consideration.

2

5 1 3

2

25 4 2

The_Confirminator 1 day ago

Many people seem to forget Latino is also an English word that English people use to describe Latin Americans.

That being said, yeah, it's not really a good word in Spanish.

1

fluqorious 1 day ago

I would like to see this broken down by political affiliation of the respondents before I draw any hard conclusions from it.

1

YesIamAJerkButRight Intolerant Leftist 1 day ago

What the absolutely fuck is this???

I am Puerto rican/cuban and I know no one, not a single person who would ever all themselves "Latinx". What in the fuck is that suppose to mean?

I believe you'd get slapped for calling yourself that....

1

MisterOverhill 1 day ago

Wait so would 70% be more likely? What a useless title

1

Duck_President_ 1 day ago

And 40% of Hispanics are conservative. It wouldn't surprise me if the results were similar if you polled white people.

Your heritage isn't important if you've never sat down and reflected on the issue at hand. Simply having a certain heritage doesn't give you any more ground to speak on an issue. That goes for all you loser Hispanics in this thread placating dumbfuck whites in this thread soying "BASED". Whether you like it or not, latina and Latino are part of the English language to refer to you fucks so if English speakers want to change it to be consistent with their non gendered language, that's our prerogative not "linguistic imperialism".

1

AlmoBlue 1 day ago

I wasn't a fan of it either, but then I stopped caring.

1

Nebrahoma 1 day ago

using Latinx is basically telling an entire language with millions of speakers that they use their own word wrong lol

1

Thurkin 1 day ago

Which Democrats? No names listed, especially the much maligned "squad" that stealth RW posters here keep referring to.

LOL

0

champyheteromer 1 day ago

As a latino I can confirm, it makes my blood boil when someone refers to me as latinx, even more when it's another [email protected]

Please, if you read this and you use it, just stop.

1

thedubiousstylus 1 day ago

Of all the hills to die on, this one is the most bizarre.

1

AutoModerator 1 day ago

As a reminder, this subreddit is for:

Democratic Activism;
To win elections;
In downballot races.

Furthermore, this is a Big Tent subreddit. That means that we do not allow in-fighting between the progressive and moderate wings. If you find a candidate too progressive or too moderate for your taste, please express that opinion in a subreddit that serves a different purpose than this one.

If you see comments in violation of our rules, please report them.

Thank you.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

skychasezone 1 day ago

Part of the reason why this will never happen is because Latinx feels fucking awful to say.

4

Healthy_Yesterday_84 1 day ago

What was wrong with Latino?

1

Irish_Brewer 1 day ago

All my Mexican-American friends think 'Latinx' is stupid and it doesn't make sense in Spanish.

1

briandabrain11 1 day ago

Mexican American here It effectively does the opposite of its intent, making the user sound more ignorant than I'd they just guessed at Latino or Latina. Spanish fundamentally has a gender based noun system, get over it. You're gonna make mistakes when trying to gender someone. Latino is the gender neutral term or term for a group.

1

Opno7 1 day ago

Alright so everything here is a huge circlejerk. And rightfully so, it's dumb.

But the play devil's advocate, I have an ex gf I talk to occasionally that became a huge SJW in the truest sense of the term. And I've given her a ton of shit for the Latinx stuff, but she comes back with things like that Spotify post in regards to non binary and transgender Latin people. And I trust we're on board with those people too.

So while I'm fully on board that Latinx is fucking stupid, what is your response to Latin people that say they feel underrepresented by the Spanish language as a whole and by the hyper gendered language therein?

Pls debate for me kthx

1

MarkDoner 1 day ago

English speaking people started saying latino and latina to use the actual words Spanish speakers sometimes use for themselves. "Latinx" is not such a word. Is it actually any better than the older gender neutral English word "latin" to describe the people in question? Or is it just a political correctness loyalty test?

1

Enichola10 1 day ago

The hell is Latinx? Also do you pronounce it Latin-x or latinks? Also why? What’s wrong with Hispanic or latino?

1

NobleWombat 1 day ago

I thought latinx was a latino super hero group??

1

Mechwarriorforever 1 day ago

Thats because of gringox fucks use it

1

RichardLigma 1 day ago

No one ever has wanted to be called Latinx. It's another white person SJW thing that just pisses everyone off. Please stop saying it, it just tells us to not take you seriously as a person.

1

MildlyRetardedGoat @ 1 day ago

I've been in an argument with a white female about whether or not Latinx is necessary. I'm Mexican and pointed out to her that nobody in my majority Hispanic/latino neighborhood uses it or likes it. She went on to tell me I'm wrong and out of touch lol.

2

JusticiAbel 1 day ago

It just doesn't connect with people. The term did originate with Latino/a activists, but I think it's been most readily adopted by educated Anglos and institutions like the New York Times.

Spanish, however, has the male/female binary built deeply into the structure of the language and it's super awkward to try to use an 'x' suffix in place of o/a. Plus, this article rightly points out that X is not pronounced like ex in Spanish, thus making the term itself even more confusing.

2

PoliticsModeratorBot 1 day ago

Hi sraff57. Thank you for participating in /r/Politics. However, your submission has been removed for the following reason:

Already Submitted: This article has been submitted to /r/politics within the last three days:

https://redd.it/ra5xyo

I'm a bot and sometimes I make mistakes. If you have any questions about this removal, please feel free to [message the moderators.](https://www.reddit.com/message/compose?to=/r/politics&subject=Question regarding the removal of this submission by /u/sraff57&message=I have a question regarding the removal of this submission.)

1

AutoModerator 1 day ago

As a reminder, this subreddit is for civil discussion.

In general, be courteous to others. Debate/discuss/argue the merits of ideas, don't attack people. Personal insults, shill or troll accusations, hate speech, any suggestion or support of harm, violence, or death, and other rule violations can result in a permanent ban.

If you see comments in violation of our rules, please report them.

For those who have questions regarding any media outlets being posted on this subreddit, please click here to review our details as to our approved domains list and outlet criteria.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

sushicary1 1 day ago

I literally witnessed a white guy arguing with an Hispanic person how Latinx was the proper way he should be addressed. This dictating on how certain people should be addressed by white woke people is infuriating.

8

KNG-KUMAR_2112 1 day ago

I’m sorry, maybe I’m living under a rock, but I have not seen one person use “latinx” unironically. Online or irl. Do people actually say it?

3

1cvmask - @1cvmask 1 day ago

The subtitle gives away the whole story: “Why are we using a word that is preferred by only 2 percent, but offends as many as 40 percent of those voters we want to win?” said one pollster."

.....

Only 2 percent of those polled refer to themselves as Latinx, while 68 percent call themselves “Hispanic” and 21 percent favored “Latino” or “Latina” to describe their ethnic background, according to the survey from Bendixen & Amandi International, a top Democratic firm specializing in Latino outreach.

More problematic for Democrats: 40 percent said Latinx bothers or offends them to some degree and 30 percent said they would be less likely to support a politician or organization that uses the term.

-

No one cares what they call themselves. The elites have their own language and will continue to use it even if the subjects detest or resent it. Only if the elites feel there is a price to pay or a give will they change their language. NGO leaders, social justice activists and liberal digital writers clearly know better for them than they know for themselves. They will keep calling them Latinx because their superiors know it's best for them. The mindset of the elite nagging nannies.

randyrand - @randyrand 1 day ago

The 2nd stupidest thing about the term Latinx is how it is spelled.

No other word in English operates this way. If you want the 'x' to be pronouced as 'ex' you should spell it that way. Latinex. Or hyphenate it like we do with x-ray. Lantin-x.

But of course the 1st stupidest thing is that no other word in Spanish operates remotely like this either. It shows a lack of understanding or care for the Spanish language. Not too different than the attitude of colonists they despise.

theandrewbailey - @theandrewbailey 1 day ago

> Those embracing Latinx have explained that the word — and the trend of making Spanish words gender-inclusive by ending them in an X — is not a product of the U.S. left or white elites, but instead, can be traced back to Latin America and Latinos.

It might not be a product of the U.S. left or white elites, but it comes off that way.

daveslash - @daveslash 1 day ago

I posit that this is off-topic, per HN's Guidelines.

"Off-Topic: Most stories about politics, or crime, or sports, unless they're evidence of some interesting new phenomenon. Videos of pratfalls or disasters, or cute animal pictures. If they'd cover it on TV news, it's probably off-topic."

https://news.ycombinator.com/newsguidelines.html

Show all comments on Hackernews

18 8

ReddSpark 1 day ago

Can someone provide a good summary of this? I did a YouTube vid on it (see my other comment) but I’d like to fact check my understanding. Particularly the parts about needing centralisation for block production but not validation, and L2s.

1

Tietzy88 1 day ago

As soon as he mentioned centralised block producers this seriously was

"End game"

1

Tietzy88 1 day ago

LOL CENTRALISED BLOCK PRODUCERS

game over for eth

1

Kike328 1 day ago

Get me wrong, but is not this article a kind of justification to block production centralization?

But also, Ethereum researchers should think hard about what levels of decentralization in block production are actually achievable. It may not be worth it to add complicated plumbing to make highly decentralized block production easy

1

rediKELous World Changing Wealth 2 days ago

Wurdz4viz

1

QualityVote 2 days ago

IMPORTANT POST LINKS

What is DRS and why should you care? || What is GME and why should I consider investing? || What can I do to support the company and local communities

Please help us determine if this post deserves a place on /r/Superstonk. Learn more about this bot and why we are using it here

If this post deserves a place on /r/Superstonk, UPVOTE this comment!!

If this post should not be here or or is a repost, DOWNVOTE This comment!

1

consideritwon 2 days ago

Is there no path towards lowering the cost of specialised hardware to produce ZK proofs, such that proof production is also relatively decentralised and in reach of smaller players? I think I'd prefer to see a blockchain that was decentralised all the way down even if it comes at the expense of throughput/higher fees. I guess you could actually choose that option in an L2 world with multiple different rollups solutions though!

4

fipasi 1 day ago

> I think I'd prefer to see a blockchain that wasnt Bitcoin that was decentralised all the way down FTFY

1

FaceDeer 2 days ago

> I think I'd prefer to see a blockchain that was decentralised all the way down even if it comes at the expense of throughput/higher fees. The neat thing about rollups is that everyone will have the opportunity to make this choice. Big centralized high-throughput low-fee rollups can coexist with small decentralized ones. It'll be up to the market to determine whether there's enough demand for both of them for both of them to survive, though.

3

fipasi 1 day ago

> Big centralized high-throughput low-fee rollups can coexist with small decentralized ones Centralized rollups will be faster and gain the most users. Eventually you wont really have a choice but to deploy on a centralized rollup. For example twitter and youtube, people who dont have a pressence on there will have a very hard time making it. And they are notorious for censororing people. But lets be honest, nobody actually cares about that, if centralization means ETH can have more users, and it will go up in value then you would take it in a heatbeat :)

0

consideritwon 1 day ago

We will find out! The market will speak. It is doing a pretty good job today of pointing out that more decentralized chains like Bitcoin/Ethereum are more valuable than more centralized alternatives like Solana/EOS so it might not be as clear cut an outcome as you are suggesting. I guess the point of Vitalik's article is that you can have some centralization at layer 2 and it isn't as bad as having centralization at layer 1. I still prefer to prioritise more decentralization, but that might just be out of habit at this point and not as necessary on L2.

1

Tietzy88 1 day ago

What about bnb out performing both

1

fipasi 1 day ago

Vitalik seems like he is just repeating Bitcoin talking points. Look at his actions tho. He supports EIP-4488 which will push monthly bandwidth use to 1 terabyte and with sharding it will go up even more which he also supports. This will have enormous centralization effect on the bottom layer

1

believeinapathy 1 day ago

Such an exaggeration, the centralization effects will not be "enormous"

1

fipasi 1 day ago

Yes it will.

1

FaceDeer 1 day ago

> Eventually you wont really have a choice but to deploy on a centralized rollup. But you do have that choice, if you really *want* to. It might be a bit more expensive but if you really cared about decentralization (for example if you were doing something that some major government would love to stop you from doing) then you can still run a decentralized rollup. We have tons of people *right now* making that choice by using cryptocurrencies rather than just sticking to good old bank drafts and credit cards and whatnot. Those people won't go away. Scaling will *add* users, not replace existing ones. Anyone who cares about decentralization today will still care about it tomorrow.

2

fipasi 1 day ago

I encourage you to look into the Parler debacle. Conservatives were getting banned on Twitter, so they made their own Twitter. Right? Thats decentralization. But then Amazon just shut down parler... So yea And before you say "This cant happen on Ethereum because its decentralized" you dont understand that nodes are expensive to run for most people and with EIP-4488 and Sharding it will become impossible and access to the Ethereum network will only be economically viable via things like Infura who will inevitably become gatekeepers like AWS and Youtube/Twitter

1

ihcn 1 day ago

> And before you say "This cant happen on Ethereum because its decentralized" you dont understand that nodes are expensive to run for most people and with EIP-4488 and Sharding it will become impossible and access to the Ethereum network will only be economically viable via things like Infura who will inevitably become gatekeepers like AWS and Youtube/Twitter You can build an eth node for $600, and that's with a 1TB SSD. Upgrading 1tb to 4tb costs ~$400. 4488 isn't going to take eth nodes out of the hands of consumers. As for sharding, that does the exact opposite of increasing hardware requirements - the reason sharding is expected to reduce transaction fees is that it will reduce pressure on node hardware.

1

fipasi 1 day ago

Why are you leaving bandwidth requirements out of the equation?

1

ihcn 1 day ago

Ah, I didn't even think about it. They're such a non-issue for me that I just forget they're a thing, i guess. I'm curious, how much data does your node use now? and how much do you think you'll use on average after 4488? You seem to be very worried about this, so I'm sure you've put in a lot of research to arrive at an informed opinion.

1

fipasi 1 day ago

It uses about 250gb per month. EIP-4488 will allow bandwidth usage to ramp up to a whopping 1.8TB per month as far as i can tell.

1

SendN00dles1 1 day ago

Can you link me to the bandwidth usage change?

1

ihcn 1 day ago

"Up to?" I saw from the post that it made the worst-case scenario worse. but i was asking about the average scenario, ie what could plausibly actually happen. Not the attack scenario where someone pays millions of dollars to fill ethereum blocks with garbage.

1

FaceDeer 1 day ago

In this scenario "Amazon Web Services" would be the Ethereum layer 1 blockchain. Parler could have its very own rollup running on that (with blackjack and hookers) and there'd be nobody that could "kick them off." The whole point of switching to a rollup-centric roadmap and sharding and all that is to keep the Ethereum base layer easy to run, and thus decentralized.

1

fipasi 1 day ago

Technically Parler could run a node themselves and have their rollup run from that but they would need peers to access the wider network, would they be blacklisted? However another problem with a rollup centric roadmap is that the rollups are likely going to end up consuming all blockspace on L1 so moving between rollups will become extremely expensive unless you go through exchanges so then they will also become gatekeepers to each rollup

1

FaceDeer 1 day ago

Yes, the expectation is that pretty much all of L1's capacity is going to be dedicated to rollups in the end. There are protocols that allow for transactions to pass between L2s without actually having to go through L1 in the process. "Regular" users should never need to make an L1 transaction in their everyday lives. This isn't a problem, it's what the roadmap is designing around.

1

t00rshell 1 day ago

Parler ran on amazon web services, thats the exact opposite of building your own service or being decentralized. AWS was well with in their rights to toss them..

2

fipasi 1 day ago

Let me guess, you skipped the second part of my post

0

t00rshell 1 day ago

Oh i dont care about ETH and im not disagreeing with you there. Just the whole Parler AWS thing is rubbish.

1

ligi https://ligi.de 2 days ago

This was posted already, and as we want to avoid duplicates, the post has been removed.

1

csstrunks 2 days ago

Stoked for Loopring and Polygon. Make Ethereum Great Again. MEGA

4

edmundedgar reality.eth 1 day ago

> Make Ethereum Great Again. MEGA Stop it

6

ReddSpark 2 days ago

Did anyone else feel when reading this that the Eth upgrade path is still unclear and we’re doing our best to avoid getting tangled up in the complexity of it all?

1

QuizureII Bull:Ethereum: 2 days ago

Just tell me when ETH 2.0 so I can know how longer I can mine for.

1

bzzking 2 days ago

Well, ETH 2.0 is a SERIES of updates, not just 1 update.

1

EthTraderCommunity 2 days ago

Tip this post.

1

uhhh-000 2 days ago

Take us to the promise land, Papa Buterin 🙏

0

bzzking 2 days ago

Done!

1

MetricSystemYOLO 2 days ago

IMO he didn't shit enough on other blockchains.

Just kidding, of course.

Seriously, he's absolutely right that other blockchains also can scale and stay decentralized if they do certain changes (which seems obvious, right?) but what's missing IMO is a statement that this game is not only a technical competition, this game is also a social coordination game, and Ethereum is winning big here because it has most legitimacy as the first programmable, multi-purpose, rollup-enabling, proof-of-stake blockchain.

A nice add-on to win the legitimacy game is of course the non-ego Vitalik and the smart, non-toxic community that we have.

30

10247--- 1 day ago

I think it's funny though that he said *"We get a multi-rollup future for Ethereum - the Cosmos multi–chain vision, but on top of a base layer providing data availability and shared security."* Isn't that just Polkadot but taking the long way round? Another thing about legitimacy, most of the "ETH-killer" chains will have a lot of direct forks of Ethereum projects as their big projects, it gives a lot more credibility to have actually developed something new or greatly improved upon than just having forked something.

2

ReddSpark 1 day ago

Or possibly like Avalanche? Yeah I’m not seeing much discussion in this thread about the actual content of the blog post.

1

Gotigers811 2 days ago

In terms of social coordination, more centralized chains actually have advantages there. The question is whether the people in control are willing to make those changes, which generally don't have clear short term benefits.

1

FaceDeer 2 days ago

And of course the other unspoken social strength of Ethereum is that the current king of the blockchains, Bitcoin, has developed a social climate that's very much against any changes at all. I can't imagine them suddenly rediscovering enough of a love of innovation to be able to do the sorts of things that would be required here, they've become fixated on their very limited set of features and are going to ride that design right into the ground.

4

----Mike--- 1 day ago

Bre, Ethereum has been king of blockchains for a while. It leads BTC is every category apart from market capitalization. Not tryna be a stickler here but BTC can be disregarded for all discussion about trends and innovation, future, community etc. Bitcoin is ded.

1

FaceDeer 1 day ago

Oh, I agree with you. But if you grab some random person off the street and ask him if he knows anything about cryptocurrency he'll most likely say "get your hands off of me or I'll call the police." The *second* most likely thing he'll say is "what, you mean Bitcoin?" That's the crown that Ethereum has not yet claimed.

2

MetricSystemYOLO 2 days ago

>And of course the other unspoken social strength of Ethereum is that the current king of the blockchains, Bitcoin, has developed a social climate that's very much against any changes at all. That's really an unspoken strength! Like the fact that Ethereum is a store of value. Vitalik doesn't say that (yet) so that Bitcoin maxis don't feel threatened. But the narrative change will happen. Trust me. I've witnessed it once: Bitcoin's narrative went from "peer-to-peer payment system" to "store of value". And Ethereum will go from "smart contract platform" to "store of value ultrasound and more".

2

edmundedgar reality.eth 2 days ago

When the narrative of your project goes to "store of value" that's when you know your project has failed. The messaging around Ethereum should attract users, not bagholders.

5

AimHighTimeFlies 2 days ago

Can be both.

2

edmundedgar reality.eth 1 day ago

I mean, MacDonalds is both a consumer product and an investment, but the ads are designed for consumers. You don't see people pumping MacDonalds stocks on twitter as a store of value. A good investment speaks for itself, if you need to pump it then that's a sign that it's actually a shitty investment.

6

AimHighTimeFlies 1 day ago

IDK everyone arrives to their own conclusions. To me ETH is an extremely great store of value and one of the safest if not the safest in this space.

2

Nogo10 1 day ago

When crypto currency is only about store of value and hodling it becomes a gilded cemetery where fiat goes to die.

3

edmundedgar reality.eth 1 day ago

Storing your value in ETH (or BTC) is stupid. When you store something you expect to take out about as much as you put in, but if you put $100 in ETH right now it could easily be worth $1000 or $10 when you take it out. If you want to store value using crypto, buy DAI or USDC, or possibility RAI. BTC people came up with this ridiculous narrative when they couldn't scale for payments. Ethereum hasn't failed so we don't need it. ETH may or may not be a good *speculative investment*, but that's a different thing.

5

AimHighTimeFlies 1 day ago

Lol no your way of storing value sounds like holding onto cash, so good luck with that. For me storing value is long term vision. I'm okay holding something 5, 10, 30 years. I have plans for all these intervals and my personal belief is that holding ETH/BTC will probably outperform many other assets over these years and there will probably be a bigger window of opportunity to have more value in this then something like cash or gold or w.e. Speaking of gold. What does that give you? What can you do with it? With Ethereum there's a whole ecosystem of things you can potentially do while holding the asset itself. I don't think we view things the same, but this is the fun of it we will see who was right in the future. So far if you bet against BTC/ETH you lost.

1

edmundedgar reality.eth 1 day ago

What you're describing is an *investment*. It's fine to say "investment". It's accurate and widely understood. "Store of value" is something else. Bitcoin people latched onto it because unlike ETH, BTC has no revenue and no other function, so if you say you've made something that's an investment and nothing else, people will correctly think that it's a greater fool game and the average investor is mathematically guaranteed to lose money. Ethereum doesn't have these flaws, so there's nothing to be gained by using their misleading terminology.

3

Expensive-Educator36 2 days ago

Can someone point me to an ELI5 of this article? Just wanna make sure I understand it properly.

1

Kike328 1 day ago

Basically is vitalik saying that if we implement PBS then it’s not necessary to have a decentralized block production

1

frank__costello 2 days ago

> The profound benefit of the Ethereum rollup-centric roadmap is that it means that Ethereum is open to all of the futures, and does not have to commit to an opinion about which one will necessarily win Solana wins if Solana gets adoption Avalanche wins if Avalanche gets adoption Ethereum wins if Arbitrum or Optimism or StarkNet or ZKSync or Loopring or ImmutableX or Fuel or Polygon Hermez get adoption

5

MetricSystemYOLO 2 days ago

>Can someone point me to an ELI5 of this article? Other blockchains also can scale and stay decentralized **if they make certain changes**. Ethereum is positioned very well to scale and stay decentralized, no matter how the L2 adoption will play out exactly.

5

ReddSpark 1 day ago

Sorry but this is a terrible summary of the blog post. Can someone else provide a good summary as I’d like to fact check my understanding.

1

MetricSystemYOLO 1 day ago

>Sorry but this is a terrible summary of the blog post. Agreed. But I was asked for an ELI5, not a summary. So basically I was aiming for terrible because that's what I was asked for.

1

ReddSpark 1 day ago

Right but it’s not even an ELI5. As someone that has read the post I don’t even recognise it.

1

fipasi 1 day ago

The only people that will be able to run nodes are corporations and stakers (stakers will be forced to do it. That is the plan at least.) With EIP-4488 and maximum full blocks running a node on a consumer internet connection will be impossible. And when they add sharding it will get worse dskghskdg So this talk about Ethereum being decentralized, technically its not wrong since the nodes will be distributed across the world. But it will still be a hierarchy and access to the network will only be economically viable through 3rd parties for most people

0

believeinapathy 1 day ago

Source? I don't see how eip 4488 would make running a node impossible to do at home.

1

fipasi 1 day ago

Maximum blocks with 4488 could push bandwidth usage to 1,000 GB per month which is the fair use limit for most consumer internet connections

0

believeinapathy 1 day ago

So, source?

1

fipasi 1 day ago

Me :) I lurk the Ethereum Research discord and had to calculate the number myself based on what was being talked about. Basically a node uses at least 7x the bandwidth of the size of 1 block because it recieves it and sends it around to other peers. Vitalik Buterin says blocks can be 1 mb with EIP-4448. Then its pretty simple to figure out how much bandwidth use that is

0

believeinapathy 1 day ago

🤣🤣🤣 you're a clown.

1

fipasi 1 day ago

No you are

1

Kike328 1 day ago

What I understood is a calling from vitalik to not focus into block production decentralization…

2

bnightstars 2 days ago

Maybe I'm stupid but to me this sounds like we can't fix high gas fees and we don't know how to scale if we don't go centralised but with L2 and Rollups adoption. I don't think this is a positive article in fact I think it's very not positive. Because you want Visa and Mastercard and ECB to build on top of your infrastructure but you don't know how to make your infrastructure scale that high. This post is very very bad to me.

1

Tietzy88 1 day ago

Very bad expecialy when he's admiting the best way forward is centralising block producers

1

bnightstars 1 day ago

exactly

1

t00rshell 1 day ago

Agreed, the funny part is he mentions L2 rollups as a way forward, but then offers no support. Eventually one of these rollups are going to lose people's money. Thats a terrible model imo.

1

sage-longhorn 2 days ago

Vitalik understands the crypto trilemma, most other decentralized block chains want to ignore it but that doesn't make it go away. Security and decentralization aren't free and anyone who says otherwise is lying to you

2

MetricSystemYOLO 2 days ago

>I don't think this is a positive article Well, that's because Vitalik is the only one in the whole space who * doesn't hype his project in any way * openly admits concerns about his project * tries not to say anything negative about other projects * sometimes even make his own project look weaker than it is just so that others don't feel threatened Vitalik's communication is basically the absolute opposite of everybody else in this space. Sure, if one doesn't get that, all these hype projects look more attractive. Because they only tell you positive stuff in the best possible way. Negative stuff you won't even read in the comments because it will be censored.

8

bocceballbarry 2 days ago

No you want to remove exploitative public company’s entirely and replace them with DAOs that distribute the rewards of labor/consumption to employees and users

1

sportsfan113 2 days ago

TL DR: Proposal for a 2nd-tier of staking and other measures to shore up decentralized block validation in anticipation of big, centralized players producing a high volume of blocks.

1

latte_yen Gold | QC: CC 32 2 days ago

Gave up trying to load it. Vitaliks site is really slow.

2

nocoast09 Gold | QC: CC 73 2 days ago

How much in gas fees to get the site to work?

0

DrFrancisMorgan Tin | 2 months old 2 days ago

All

1

4

2

8 4 3

svanapps 3 months ago

r/Bitcoin 📰 r/BitcoinBeginners 📰 r/CryptoMarkets 📰 r/CryptoCurrency 📰 r/crypto 📰 r/CryptoToFuture

1

Remora_101 3 months ago

If you read this without drinking water you will die of thirst...

BTCs energy is wasted, because the coin is useless. A crippled coin that cannot scale.

3

tatsopap Platinum | QC: CC 150 3 months ago

Of course it is dissmisable when compared to the industry energy usage, or cars we drive, etc

it's just another way of FUD-ing

1

irfiisme Platinum | QC: CC 568 3 months ago

Energy usage fud is lame at this point.

0

Living-Ad1944 Platinum | 6 months old | QC: CC 82 3 months ago

Do you happen to have a summary of this?

1

Bakaon 3 months ago

TL;DR: if you compare Bitcoin to singular entities the energy it consumes seems huge but compared to the global energy consumption it barely makes 0.1% of the total. Also for a network that hosts several hundred million users they claim it's very efficient and also claim the energy it consumes would be otherwise wasted.

3

ac13332 Tin | r/WSB 50 3 months ago

Oh right, so the arguments bullshit then.

2

WestBankFireman Platinum | QC: CC 581, XMR 21 | MiningSubs 103 3 months ago

Fuck clickbait

0

BTCMinerBoss 3 months ago

Didn't even read it did ya? Or were the stats too difficult to comprehend?

0

WestBankFireman Platinum | QC: CC 581, XMR 21 | MiningSubs 103 3 months ago

It's a matter of principle. If you cant post the content, it isn't worth reading.

0

BTCMinerBoss 3 months ago

Thats the dumbest shit I ever read. Guess you don't understand how link posting works? Lazy man. Just lazy.

0

KathrynBernardoGanda Platinum | QC: CC 589 3 months ago

A lot of things are far worse than Bitcoin in regards to energy usage.

0

Numerous_Sport_2774 Platinum | QC: CC 615 3 months ago

Yeah it’s BS crypto is always in the spotlight

0

ac13332 Tin | r/WSB 50 3 months ago

No it's not.

0

forthecustard Platinum | QC: CC 253 3 months ago

A lot of problems are worse than other problems but all problems are problems.

3

[deleted] 3 months ago

Like gold mining.

1

AutoModerator 3 months ago

Bitcoin Pros & Cons - Participate in the r\/CC Cointest to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75.
Sort comments as controversial first by clicking here. Doesn't work on mobile.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

a_square_peg - @a_square_peg 3 months ago

There is something very dishonest about saying that a protocol where a single electronic transaction takes more than a month's worth of electricity of a US household isn't a problem.

Peritract - @Peritract 3 months ago

Proof of work is wasteful and inefficient. Regardless of scale, that's a problem.

We don't have oceans of free, sustainable energy available. Wasting 0.1% of global consumption (a figure which sounds small in comparison, but still represents a huge amount) when other solutions exist is irresponsible.

mrpopo - @mrpopo 3 months ago

Bitcoin has some arguably valid use cases like empowering online markets for drugs, porn, and illicit stuff. It is also an interesting way out for countries with a failed economic system, like Nigeria or Venezuela as explained in the article.

Outside of that, no. We have more efficient means of payment. And that means of payment is tied to a government that is democratically elected (for most of the biggest currencies, at least). If you are not happy with the government's economic policy, fix the government.

eesmith - @eesmith 3 months ago

> That’s for a network with 100+ million estimated users.

User is such a wishy-washy term. I believe that number includes those who have a Bitcoin wallet and haven't touched it in years, perhaps because investing or saving is a form of use.

Facebook has nearly 3 billion active monthly users. https://www.statista.com/statistics/264810/number-of-monthly... and uses 5 TWh https://www.statista.com/statistics/580087/energy-use-of-fac... .

So, at least 30x the number of users, supported with 3-4% of the power.

Or, American Christmas lights account for 6 TWh - https://www.brainerddispatch.com/business/technology/4533463... - also with 100+ million estimated users.

Thus, it seems cherry-picking to say "From that list, Bitcoin’s energy usage is the closest to that of the cruise industry’s energy usage, but bitcoins are used by more people, and the network scales far better", when that list includes Facebook and Christmas lights, both used by more people and with better scaling.

Especially since cruise ships are notorious for how much pollution they generate. Eg, https://www.geekyexplorer.com/cruise-ship-pollution/ and https://en.nabu.de/topics/traffic/cruiseships.html .

So, the point seems to be that Bitcoin isn't quite as bad as one of the most polluting forms of travel? Great.

> If Bitcoin did indeed have serious energy scaling problems, it would eventually fail against competitors in the private marketplace by not offering enough utility for its energy consumption.

The "private marketplace" does not include externalized costs, like pollution.

How long is "eventually"? If the network effect is large then it may take a very long time. Therefore, the lack of failure to date is not the same as evidence that Bitcoin doesn't have serious energy scaling problems.

> we should also consider the details for how it uses energy and the types of energy it uses.

The key question is the amount of pollution generated, including CO2. Not "energy". If it were fossil-free, this wouldn't be an issue, IMO.

So, how long until BitCoin is fossil-free?

The author only says the amount of fossil-free sources is increasing.

> As a result, bitcoin miners seek out inefficiencies around the world where electricity is being underutilized and wasted.

Did you note the slight-of-hand? Earlier the author compared Bitcoin power use to world-wide power use. Now it switched to "where electricity is being underutilized and wasted", as if the electricity already existed, and would have been generated anyway.

I point this out because of stories like https://grist.org/technology/bitcoin-greenidge-seneca-lake-c... , where a fossil-fuel power plant switched to Bitcoin mining because there wasn't enough local power needs to be profitable.

If the plant were instead shut down, would it be "underutilized and wasted"?

Only to profit-seekers who want to extract every last cent, and let someone else pay for the damage once the approach eventually fails.

Show all comments on Hackernews

2

9 3

cdnkevin Silver | QC: CC 88 | WSB 34 | r/Politics 14 6 days ago

Purpose Investments already has 4-5 crypto ETFs.

2

EpicHasAIDS Platinum | QC: CC 614 6 days ago

They just announced 3 new actively managed funds.

1

wanderingwomensitems Bronze | WSB 162 6 days ago

More and more reasons to loose that us passport….

1

EpicHasAIDS Platinum | QC: CC 614 6 days ago

Pssst. Some American brokerages can buy and sell on Toronto.

1

wanderingwomensitems Bronze | WSB 162 6 days ago

🤫

1

JJAnol Tin 6 days ago

SEC got no clue on what to do. The dilly dallying is dizzying. USA is at the forefront in crypto arena but may soon lose the advantage because of regulation or non of it.

0

Dux0r Platinum | QC: CC 555 6 days ago

Good shout- waiting for the SEC would mean you'd be dead before you made any money.

1

partymsl Platinum | QC: CC 130 6 days ago

Definitely.

1

wodykody Bronze | QC: CC 19 6 days ago

There are already spot etf's in Canada. This is just a reposted none event

2

EpicHasAIDS Platinum | QC: CC 614 6 days ago

Exactly. And the SEC has precisely nothing to do with Canada. The more interesting part of the Fidelity is that their Fidelity Clearing Canada division is also opening up business to **custody** crypto.

1

coinfeeds-bot Approved CC Bot 6 days ago

tldr; Fidelity Investments will be launching its spot Bitcoin ETF in Canada this week, according to Eric Balchunas, Senior ETF Analysts at Bloomberg, who broke the news on Twitter. The fund will obtain Bitcoin directly, as opposed to acquiring it through a derivative instrument, like futures-based ETFs do. Earlier this year, the SEC approved three Bitcoin futures

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

1

Dnumasen Tin 6 days ago

Nice! Hope us. Will get proper ETF soon too

0

AutoModerator 6 days ago

ETF Pros & Cons - Participate in the r\/CC Cointest to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75.
Sort comments as controversial first by clicking here. Doesn't work on mobile.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

AutoModerator 6 days ago

Bitcoin Pros & Cons - Participate in the r\/CC Cointest to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75.
Sort comments as controversial first by clicking here. Doesn't work on mobile.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

2

3

2

5 2

2

13 2

abcoathup 5 days ago

This was posted already, and as we want to avoid duplicates, the post has been removed.

1

svanapps 6 days ago

Thank this post to u/front-equal 🙏💙

1

Aggressive_Position2 6 days ago

ETH is a playground for the whales..while retails can do nothing but park their coins. 😭

0

Perleflamme 6 days ago

I don't consider myself a whale, yet I don't need to park my coins. Just use the L2s. Dydx is on an L2. Uniswap too.

1

QuizureII Bull:Ethereum: 6 days ago

Time to move unto L2 solutions guys! Let the whales have L2, they are unbothered.

1

Kilv3r Gold | QC: CC 74 | WSB 16 | r/Investing 18 6 days ago

2022 is the year of ETH, we will see good things!

1

FutureBoatinAccident Platinum | 2 months old | QC: CC 181 6 days ago

I don't mind a forced hold of ETH

1

robeewankenobee Platinum | QC: CC 318, ADA 209, ALGO 24 | NANO 14 6 days ago

No fucking way ...

2

Crypto_Malik Platinum | QC: CC 338 6 days ago

Whales are everywhere

2

archaeas Bronze 6 days ago

I don't see this changing until we get some serious scaling solutions adopted. Luckily, we're on the cusp of this becoming a reality. zkRollups left and right competing to get to market first. The majority of altcoins in my portfolio are in anticipation for the imminent Rollup boom on Ethereum layer 2.

2

EthTraderCommunity 6 days ago

Tip this post.

1

GoTheFckBack 6 days ago

thankfully retail is able to use one of many L2 rollup solutions https://l2fees.info

4

SolidusViper 6 days ago

How will retail get their ERC20 assets off an exchange, and into the L2 rollup without paying L1 gas fees?

4

Mathje 6 days ago

Exchanges will support direct withdrawals to L2's, just like they support all different L1's right now. Crypto.com already does this, and I think Binance is very close to supporting Arbitrum. Many other exchanges have signalled they will support L2. Some exchanges also support Polygon, and you can hop from Polygon to several L2's.

2

GoTheFckBack 6 days ago

by supporting exchanges that allow doing that, like Crypto.com which allows direct withdrawals to Arbitrum

9

swap_catz 6 days ago

Coinbase really needs to get their shit together at this point. I had no idea Crypto.com has Arbitrum ready to go.

1

AutoModerator 6 days ago

This post has been removed because it does not meet the minimum 100 character rule for post content.

If you have questions, please contact the moderators for assistance.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

AutoModerator 6 days ago

Ethereum Pros & Cons - Participate in the r\/CC Cointest to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75.
Sort comments as controversial first by clicking here. Doesn't work on mobile.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

4

Stay up to date on all things crypto and blockchain

© 2021 Token Daily

Stay up to date on all things crypto and blockchain

© 2021 Token Daily

🙌 Login to Token Daily