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Sounds like the author knows a lot about AI and data but almost nothing about economics.

Prices exist for a reason; if power became more expensive that's because it was scarce. People need to stop using it or pay more so that power companies can build more supply.

There are also options like the Tesla Powerwall that will be helped by this event.


Another issue is that proof-of-work may simply be inferior to other consensus mechanisms because of hardware centralization. I think the cryptocurrency world needs to solve this problem at its own pace though. Ethereum is already rapidly heading to proof-of-stake, precisely because it's seen as better on its own merits without considering energy costs.


I think the mistake here is that the author doesn't understand the potential of cryptocurrency so sees electricity use for crypto as a pure cost. You can see this because of comparisons to centralized services.

On coal power: It's bad to use coal to mine Bitcoin, but it's bad to use coal to provide power for any activity. Coal power should be banned outright.


They should have just paid for an eMMC that was 4× larger than needed.

Even I wouldn't put an SSD under this kind of stress and I'm just a random developer.


How do you short Tether?


FTX exchange. Unavailable to US residents though.


We are due a cryptocurrency correction.

The question is, how low will Bitcoin go on Tether collapse? $20k? $10k?

Or will things get even crazier with $100k bitcoin crashing to $60k?


The tether market cap value that is in Bitcoin, so it's 3% + normal overreaction. My estimation: 9%.


That's not how markets work. There isn't an infinite buy wall at the current spot price.


It's still a highly user-hostile Apple. Though you can tell this review was written by a true iSheep from the part where s/he talks about the dictation key. "Apple thinks I should use that functionality more, so I will!"


Actual quote is "Apple wants us to use that feature more. And they should, it’s good!"


Telegram has the huge advantage of not needing to reveal your phone number.

If your threat model doesn't really include the government but does include people stalking you then telegram is actually better than Signal.

With Signal you have to buy a new SIM card to get rid of a stalker, which is a huge annoyance.


Or you block the stalker and the stalker then has to keep buying new SIM cards.


BTW this post reminds me that I am probably overexposed to Google and should consider partially de-googling my life to some extent.


What's the problem? Which Google products are holding you back?

Email should be easy.

Android?

Docs?


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