This is very closed minded perspective; having a distributed ledger of digital collectable assets that you can trade without being tied to one exchange or marketplace is powerful and the beginning of the end of institutional gate keeping.
How do I know that that particular wallet belongs to the artist? I see some ENS entries on the address, but not sure if/how that helps tie it uniquely to a person.
Thats a good question since there's no official blue check to verify on the blockchain that its really them but the NFT exchanges show a blue check with his ETH wallet id.
I'm aware of that (hence the parens and quotes) but I was more referring to what could probably best be understood as "common understanding", that is to say that a large portion of the population would probably be shocked at the kind of sophisticated avoision strategies that have been deployed to minimize tax liability.
The average Joe doesn't declare $100 in income - evasion.
The ultra wealthy don't get taxed on $100,000,000 in income - avoision.
Society has had multiple stores of value, as none is perfectly secure. Gold, oil, dollars, real estate, (some) bonds & equities. Crypto is the first that’s decentralized and digital and on a open network not governed by any centralized entity which is powerful bc the world needs a international reserve currency
Society has had multiple stores of value, as none is perfectly secure. Gold, oil, dollars, real estate, (some) bonds & equities. Crypto is the first that’s decentralized and digital and on a open network not governed by any centralized entity which is powerful bc the world needs a international reserve currency
> I don't want to rely on a currency which is managed and beholden to an unelected cartel of corporations.
Great, don't think we have any currencies that are run by a cartel of corporations (yet), although Facebook's currency was probably gonna end up being that.
For cryptocurrencies, they are usually run by "miners" who can be anyone, not just corporations. You can run your own miner, or your own node, hence they are called decentralized. This feature does not exist in our current centralized currencies, and is one of the main selling point of cryptocurrencies.
> I prefer representative government by elected officials.
That is great that you feel that you are represented correctly in your government, I am really happy for you. For many other people in the world though, that does not exist or if it does, doesn't work out in practice and people don't feel represented. You don't have to look very far to discover which countries I'm referring to.
For people living in these countries, where they don't trust the central bank (like many don't trust the central bank in the US to have people's best interest at heart), cryptocurrencies offer a way out of the system without going off-grid and leaving the option of having things to trade with, without going back to a goods barter ecosystem.
For all the talk of Bitcoin being decentralized there are a dozen people or so that could destroy the whole system if they so chose to. Overtly or covertly.
Despite my feelings about governments specific actions, and the bank system, not even the President or the Fed or Congress could do that as quickly with the dollar.... although sometimes you would think they are trying.
> there are a dozen people or so that could destroy the whole system if they so chose to. Overtly or covertly
How so? According to https://www.blockchain.com/charts/pools, it would be no easy feat to start controlling more than half of the current network. Even if some of the pools got together. And if you launch such an attack, it would be easy to notice what's going on.
But if you do have some idea on how the network could be overtaken by a "dozen people or so", please do tell as you have some unique insight.
> there are a dozen people or so that could destroy the whole system if they so chose to
there's powerful people that can destroy industries and countries, so that point is moot. there's no much point in debating wether there's someone with the power to drop a nuke, or the economic equivalent, on your head.
I come from the mobile world, and my experience is, from myself and others, that cross-platform solutions always brought more pain than joy.
The latter solutions were great in theory, but created huge problems, when a little bit of a custom behaviour had to be implemented, maybe dependent on the target platform.
Also, when developing natively, there seems to be much more usable open-source code.
Yup, target Windows, macOS, and Linux all with one codebase (and be within epsilon of targeting mobile with Cordova). All with JS. Or preferably TypeScript.
> In a world where VSCode runs on electron is there even room for this discussion anymore?
Opening a 1.5mb markdown file with VSCode idles an i5 3.2ghz quad core at 50%+ CPU and uses 800mb of RAM with only a few extensions loaded.
Also the input latency while typing in an empty file with no extensions is substantially higher than apps using other UI frameworks.
I think there's plenty of room for discussion, especially considering that VSCode is over the top optimized compared to most other Electron apps (which are WAY WAY worse than VSCode).
Its a tool for DevOps helping orchestrate container deployments and scaling, you probably want to play around with docker before diving into to kubernetes.
