I don’t want some central authority orbiting over my finances capable of reversing something because of “error”. The ability to reverse a transaction means complete surveillance, control, and submission to an authority figure. No thanks.
I would rather be in a society that doesn’t make such foolish errors to begin with, and takes responsibility when they make a mistake. Measure twice, cut once.
Crypto solves it by providing an auditable public ledger following mathematical rules agreed upon by all parties utilizing it. It has a predictable and transparent minting process and transactions are uncensored. Transfers are predictable and rapid. You can see exactly what’s happening when you transfer. It doesn’t stamp generated ids on people, instead the people report their identity to the network.
It doesn’t care how people acquire, so yes, people can use fake centralized money to buy real money if there are sellers willing to do that.
There are many more benefits, but the point is, yes, it solves an enormous number of serious problems, many of which you definitely haven’t considered.
This is a delusional take. What are you talking about? Have you looked at Bitcoin lately? It is over $100k…
Tell me about “craters again” please?
Cryptocurrencies are about the only tech right now that gives the common people a fighting chance. Never in history has there been a real competitor to bankers and their monopoly on value.
I hope more people invest their life savings. If they can hold for 5 years, they will be wealthy.
Software like wgpu makes it much easier to close the gap between various GPUs. New compute languages that are backend-agnostic are appearing, in the same vein as taichi-lang, that make it significantly easier to make high-performance gpu kernels deployable anywhere.
The compute groundwork for crossplatform tensor calculations is already here. Inference is already doable on any device. Training is not far behind. As a side-effect of this, processing on the GPU in every capacity, like physics, novel rendering techniques, or whatever else the imagination can muster, is now within grasp of “average” programmers.
If you have always been intimidated by GPU programming, I urge you to take another look now. The landscape is radically different. The software moat everyone talks about with NVIDIA is smoke-and-mirrors. Cuda is old news, though I am speaking to the actual code landscape here, not the common mental consensus.
What we lack now is cheap video cards that have high memory. I believe the current cards are overpriced by about 10 - 100x what they should be, because this profit situation is extremely temporary. Just as pens were once thousands of dollars, these compute devices will be collapsing in price.
I welcome China building cheaper video cards. Hopefully we will all benefit from it before any robot wars break out.
That does sound nice.
That’s easy.
Don’t enter into an agreement to create an account. Accounts owned by service providers on behalf of users are a scam anyway.
Instead, let users create their own credentials and allow them to interface with a service. That makes more sense for users anyway, and it sidesteps this sort of nonsense.
I never said we shouldn’t make any errors. That’s ridiculous. I said we shouldn’t make such foolish errors.
For example, we shouldn’t dump radioactive material into water. See? It’s a foolish error you can’t reverse. Are you getting it yet?
Here is another. We shouldn’t dumb radioactive smog from burning coal into the air. Can’t reverse that, either. Oops…we are already doing that? Oopsie, maybe some higher authority will come reverse it for us?
There are countless high-stakes operations that cannot be reversed for good reasons. I believe that money transfers is one of those things, because the alternative is batshit crazy authoritarian surveillance and control.
Anyway, you’re blocked, I don’t have much energy to spare for people lacking basic rational thought. I reserve that energy for feeding birds, petting dogs, water plants, and other such things. They say less, but make so much more sense than you, and have a better vibe. Enjoy your day!