"we all" in this case refers to the top single-digit percent of holders [1]. It's no small feat to get consensus there! But it's also not very decentralized/democratized and sounds a lot like our existing financial (or societal) systems.
That is false. If some small subset of Bitcoin users wanted to or were coerced to change the rules, all they would do is fork themselves into their own copy of the Blockchain. Everyone else would continue using it as they had been previously.
I was locked out of my account for 3.5 years before they worked through the queue far enough to get to me. I stopped using Coinbase long before then though.
Hyperbole doesn't help here. Legalizing four-plexes in your neighborhood will almost never knock a million dollars off your home's value. I bet it'd be hard to find many examples of upzoning causing SFHs to drop significantly in price anywhere.
I completely agree. But it's hard, since "politics" is broad and almost everything touches it in some way.
The main way I've tried to achieve this is by largely limiting what I read to:
1. Authenticated contributors, either people I know personally or hired by companies I trust (e.g. NYT).
2. Anonymous contributors with heavy moderation and filtration (e.g. Twitter, but with O(100) muted words and accounts. My feed is basically just art now and it's delightful).
Again, that's hard to do. I'm still on here for instance.
Interesting, so you've managed to create your own Internet bubble. Isn't this another example of confirmation bias?
I would think it would be better to just scroll past the content you are not interested in engaging in. It certainly will be better to know of something happening, even if in brief terms, than to be completely in the dark of it.
If you don't filter, best case scenario your SNR is going to be too low. There's also a pretty good chance that you will end up with a GIGO situation because all you hear about is whatever cable news, Cambridge Analytica, and Amazon's twitter astroturfing squad are pushing today.
If you do filter, you're correct that it opens the door to all kinds of biases.
Totally. I'm deliberate and happy with the the bubble I've created. It's actually quite diverse in terms of authenticated sources-- the anonymous content is what's heavily filtered.
> It certainly will be better to know of something happening, even if in brief terms, than to be completely in the dark of it.
I don't think so. It's impossible to hear about everything and I feel whatever is newsworthy enough to hit the sources I read is important enough for me.
As long as you don't put more than ~30% of your money into a single asset (e.g. a house), then you're pretty certain to always make money in the long-term.
That wasn't what I was referring to. Net worth is (assets - debts), so the money for a down payment is largely the only part of a house that contributes to net worth at purchase time.
In other words, your down payment should be less than 30% of your net worth. Still hard to do in many places.
It takes about 30 W to watch video in a browser [1].
Assuming every internet user watches 85 minutes of video per day [2] (517 hr/year), video consumption is 52 TWh per year. Or less than half of than the bitcoin network.
Google uses 12 TWh per year [3]. Assuming Google is entirely focused on serving the world's video (it likely could), that still is ~half of the bitcoin network.
You're getting a lot of replies but I don't see anyone answering the initial questions. Some really rough math for playing video games:
Assuming I'm playing with someone across the country, I hop 13 routers in a quick traceroute.
Assuming each router is commercial hardware (~400W) and my traffic completely saturates them, that's 5,200W.
Plus the two machines at the end of each line, assuming they're beefy gaming PCs/servers with 1,000W power supplies at 100% load just for this game. That's 2,000W.
Playing a 30 minute Starcraft game comes to 3.6kWh, or two orders of magnitude less than a bitcoin transaction. It's almost certainly less than that since my assumptions were very conservative.
~~~
For something live like a concert, a 54,000 sqft hall uses about 1,100 kWh of power per day (lighting, HVAC). Plus 15kW of speakers for a 6 hour concert is 1,190 kWh. Divided by the 6000 people attending, is 0.2 kWh per attendee. Adding a 10 mile solo drive per person is about 3 kWh. Or again about 2 orders of magnitude less.
~~~
These aren't good comparisons when I could do hundreds of each of the activities you listed for the cost of one transaction.
I use my Honeywell 24/7 and also find it effective [1] and easy to clean [2], even with our "hard" tap water. It might help that I use a good air filter nearby, which solves the dust problem.
I used to use an ultrasonic humidifier like they suggest but definitely prefer the evaporation-based unit.
The article read a little like one of the clumsy actors in an infomercial. The tank slides out and has a screw top! How can they spill so much while carrying it from the sink that it forms puddles?
[1] It goes through a tank almost every day. That water is going somewhere.
[2] I replace the wick and do a light bleach clean roughly quarterly.
(I'd argue that highest asking price would be a better comparison, since the seller might have dropped the price. But still useful.)
[1] https://www.redfin.com/city/19457/CA/Sunnyvale/housing-marke...