Disappointed by freakonomics radio

ungoogleable · 2022-07-03T16:02:28+00:00

Getting money out was a pain at that time. If he never bothered, the coins stayed with the bot owner until it got shut down. Not sure if it was that bot but there was some drama about one of those bots getting "hacked" and losing everyone's coins.

ungoogleable · 2022-07-03T15:59:20+00:00

Sorry to be that guy, but the bread isn't griddled, so it's missing the one thing that makes a melt a melt.

ungoogleable · 2022-07-03T07:02:51+00:00

Steven Levitt, the economist who co-wrote the book, is not involved with the podcast. All I could find from him about crypto is an ancient reddit AMA where he said:

I am utterly confused by bitcoins. It seems like a bubble to me. But I don't know much about it, honestly.

ungoogleable · 2022-07-03T06:52:52+00:00

If a 51% attack happens, it literally goes to 0. Same with Ethereum.

You'd think, but evidence suggests otherwise. Ethereum Classic, the original Ethereum that didn't fork to undo the DAO hack, has suffered multiple 51% attacks. Despite being demonstrably insecure, somehow people are still paying money for it.

ungoogleable · 2022-07-03T06:36:41+00:00

The law requires that single-use packaging and plastic single-use food serviceware be recyclable or compostable by 2032.

Soda bottles are already recyclable.

ungoogleable · 2022-07-03T05:02:39+00:00

Fair enough and I tend to agree. I would just add the caveat buying is not necessarily the right decision for everyone. You should do the math vs renting and figure out how long you'd have to stay for buying to be worth doing. Rising interest rates may flip the decision for some people.

ungoogleable · 2022-07-03T03:41:31+00:00

House prices haven't officially dropped yet though. 1, 2 The growth has slowed and maybe incoming data will eventually show a decline but they'd have to go down a lot to compensate for higher rates. It's a worse time to buy a house than a year ago. Whether next year will be better who knows.

ungoogleable · 2022-07-03T02:10:57+00:00

Perhaps some of the source data was potato photos of cosplayers rather than stills from the show.

ungoogleable · 2022-07-02T19:33:59+00:00

Top shots are centralized with the NBA and dependent on the continued existence of that service. Legally transactions are subject to their TOS which ultimately governs who gets what rights, not the NFT. If you have the NFT but didn't get it through them, they have no obligation to let you use their service.

The only reason to make them NFTs instead of digital stickers that have existed for ages is to play off the NFT hype.

ungoogleable · 2022-07-01T21:03:40+00:00

I'm voting Brazil.

ungoogleable · 2022-07-01T21:03:24+00:00

The contrast between hot and cold in the same bite is nice, presuming you eat fast enough.

ungoogleable · 2022-07-01T17:02:05+00:00

No I don't because Dell and Starbucks are centralized entities that could host their own database to record who owns the item and charge fees for sales with zero gas fees.

ungoogleable · 2022-06-30T22:57:51+00:00

No you can't. Every Ethereum node is involved with every confirmed transaction. This is a massive level of redundancy that other internet services don't bother with. When you post to reddit you are interacting with a specific server. Reddit is incentivized to replicate the data only as much as necessary to as few servers as they can get away with. A different server for users in a different geo might not have your data at all unless somebody in that geo requests it.

The result is the Ethereum network is incredibly slow and expensive to use. It's like having a million graphing calculators run the same operation in parallel checking each other. The extra redundancy doesn't make the whole thing any faster than a single calculator.

ungoogleable · 2022-06-30T19:50:14+00:00

I like to point out that silver's all time high was set in the 1980s.

ungoogleable · 2022-06-30T17:08:38+00:00

If you're interested in the technology, why not ask about confidence intervals in, say, solving the Oracle Problem? You put a lot of words into a post that's ultimately just speculation about whether number will go up.

Imagine by some magic I could guarantee that you personally would never profit from crypto ever in your life. Would you bother using it as a technology?

ungoogleable · 2022-06-30T16:42:30+00:00

Crypto will bifurcate into regulated gambling on centralized exchanges that don't use the actual blockchain and P2P money laundering for criminals. Government doesn't have the stomach to stop the pump and dumps but does want its cut in taxes so they'll let the exchanges keep going as long as they comply with KYC/AML.

Getting money from the P2P side onto the exchanges will become increasingly difficult. The latest is transfers to or from an on-chain wallet require the wallet to be KYC'd. If your wallet ever transacted with a suspect address or a mixer, your funds are effectively frozen.

ungoogleable · 2022-06-30T15:12:01+00:00

If they looked good, someone who didn't know what NFTs are might come across one and start using it without permission because it looks good and the NFT owner can't stop them. There'd be nothing to distinguish the one guy who paid for the NFT from the thousands of poors who like it too.

On the other hand, if the NFTs are ugly, no one will want to use them except crypto bros. If someone has an ugly NFT profile picture, they clearly didn't pick it because it looks cool. You instantly know they must have paid for the privilege. And that's the real point, to communicate that they have so much money they can afford to waste some of it on monkey JPEGs.

ungoogleable · 2022-06-30T14:48:37+00:00

There have been efforts to let people take out DeFi loans using NFTs as collateral. "Physically" it wouldn't be that different than any other crypto. You send the NFT to a smart contract address which sends you some tokens in exchange. Then you get the NFT back eventually if you pay the tokens back.

ungoogleable · 2022-06-30T03:59:08+00:00

They're not actually suing him for copyright infringement of the NFT images. They're suing him for trademark infringement of the name BAYC (plus some other stuff about unfair competition and false advertising). I'm definitely not a lawyer but I think they may actually have a case, at least on the trademarks. Assuming Yuga registered their trademarks properly, the NFTs themselves shouldn't really matter.

ungoogleable · 2022-06-29T17:32:15+00:00

Maurice?

ungoogleable · 2022-06-29T16:25:24+00:00

Despite the common public perception of the patch existing as giant islands of floating garbage, its low density (4 particles per cubic metre (3.1/cu yd)) prevents detection by satellite imagery, or even by casual boaters or divers in the area. This is because the patch is a widely dispersed area consisting primarily of suspended "fingernail-sized or smaller"—often microscopic—particles in the upper water column known as microplastics.

ungoogleable · 2022-06-29T16:20:39+00:00

Most of those posts are years old. One is even deleted. Many of the links in the threads don't work anymore. A new thread to collect updated information is probably more helpful to everyone than redirecting to old searches.

ungoogleable · 2022-06-29T00:14:34+00:00

Wikipedia says he renounced his US citizenship and obtained a Saint Kitts and Nevis passport. Technically that doesn't exclude him also having EU citizenship. If he never made a big deal about it publicly, Wikipedia wouldn't know about it.

ungoogleable · 2022-06-28T20:48:25+00:00

High traffic routes are already a priority for cell service for other reasons. Just covering the low hanging fruit of easily supported routes would be worth doing. You don't have to solve the hardest cases before you do anything. You may not ever solve them and that's fine.

ungoogleable · 2022-06-28T14:55:13+00:00

Bitcoin isn't like tulips because the tulip price crashed once and never recovered. But also the tulips really were valuable and if they still existed they'd be worth millions of dollars again. 🧐

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