What’s up today? (Part 1)

I wonder how many companies are attending this conference. I don’t know if this will be a tipping point for BTC, but it surely isn’t going to be bad.

1 Like

Its been 30 years, seems more like a failure of capitalism.

1 Like

I think 1400 CEO’s, I managed to pop in and out today.
The talk between Ross Stevens of Stone Ridge and Saylor made me feel like I rediscovered bitcoin again.
Sometimes we get complacent and forget how early we are, at least I do.

Ahh I see that he is in the clip!

2 Likes

I think that was the point. No one has done anything since the communism system.

2 Likes

Wow! I was imagining 50-100. Mind blown.

3 Likes

Something Ross said that the guy you linked left out but enlightened me was his answer to bitcoins power consumption.

Basically his take was that bitcoin will always seek out the cheapest energy it can find which opens up immense possibility.

Harnessing green energy in remote areas.
Wind, hydro etc. Areas that are not necessarily heavily populated because they are remote.
My interpretation of it which is nowhere near as succinct is consider…
Tribal land, big gushing waterfall that can be harnessed to create power to mine and then provide income and development for that area. That is one example.
And then of course should that be done is another discussion.

1 Like

Bitcoin will give a big impetus to the development of cheap green energy. Things are not black and white, there is a middle way.

3 Likes

Another benefit of this is increasing demand for solar panels, wind turbines, etc, which leads to greater economies of scale for their production, leading to lower cost and therefore increased adoption.
"Bitcoin fixes this"™

1 Like

A company called “Layer1 Technologies” is doing this with solar & wind in Texas with funding from Peter Thiel.

https://www.forbes.com/sites/christopherhelman/2020/02/28/why-is-this-peter-thiel-backed-startup-mining-bitcoin-in-west-texas/

3 Likes

Guys I am so excited today is testnet day :star_struck::star_struck::star_struck::star_struck:

2 Likes
4 Likes

https://www.manchin.senate.gov/imo/media/doc/2020_0928%20See%20Something%20Say%20Something%20Online%20Act1.pdf?cb

They’re going to come for this network in a big way.

1 Like

Today I found out how to add a photo to a post in SkyFeed :lol:

2 Likes
2 Likes

Too many passwords!

Use a password manager, problem solved? I only quickly looked through the article and can’t see the problem, is one actually put forward in the article?

Maybe a dual purpose farming option: 1) a Safe node, 2) a secure place for other services such as email and data which you own (event a Solid pod for some) to keep things secure and private until they migrate to Safe.

2 Likes

Even with a password manager, you still have to give out passwords to different parties. They can still lose or expose these passwords and your account can be exploited.

With safe network, there is no need to have lots of passwords in the first place. You own your data and choose who to share it with. This is the inverse of the model of where we trust third parties with our data and use a password to access it.

Maybe I should have put this in the ‘Things that wouldn’t have happened under safe network’ thread! :slight_smile:

2 Likes

On the flip side, assuming you used a unique password, only your information on this particular service would be vulnerable. If your computer was compromised such that your SAFE credentials were exposed you’d be completely pwned. That’s why I’ve advocated in the past for something like UFA access to SAFE.

1 Like

Is that any worse than someone gaining access to your password manager? I agree though, using 2FA or some such is a great idea for both!

1 Like