>> You will not find a solution to political problems in cryptography.
> Yes, but we can win a major battle in the arms race and gain a new territory of freedom for several years.
> Governments are good at cutting off the heads of a centrally controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem to be
holding their own.
> Satoshi
++++++++++++
> It's very attractive to the libertarian viewpoint if we can explain it
properly. I'm better with code than with words though.
Yes, HSBC laundered money for Mexican drug cartels. Surprise: the business of handling money flows attracts criminals. That's why it is heavily regulated.
When the HSBC money laundering was revealed, what was TradFi's answer? Let's stop it, and crack down on it further.
What is the crypto answer? Oh, rules are still occasionally broken, so let's just scrap all the rules and launder all the money we can (and break sanctions, and so on).
> What is the crypto answer? Oh, rules are still occasionally broken, so let's just scrap all the rules and launder all the money we can (and break sanctions, and so on).
I feel like you're (hopefully) talking about a specific case here where some exchange was exposed as actively ignoring activity they knew to be illegal. Could you share what story you're talking about here?
No, not talking about a specific case. I am talking about crypto in general. The distinguishing feature of blockchain is permissionlessness.
The point of crypto is that you can transfer it without any regard to any rules [1] (by virtue of the diffusion of responsibility due to decentralization enabled by permissionlessness enabled by Sybil resistance mechanisms such as PoW or PoS).
[1] Of course, if you hack the DAO that the people running the blockchain are invested in, they'll stop it, fix things, undo the hack. So there are some rules, but chosen by crypto bros, not old-fashioned things like legislative chambers or so.
> No, not talking about a specific case. I am talking about crypto in general.
Aha, you're talking about one part of the cryptocurrency ecosystem. There are other parts of the ecosystem that don't go willy-nilly breaking regulations just for the fun of it, probably Coinbase is one of the best examples of that.
So while your comment probably speaks to a lot of people, I don't think you can generalize that the entire ecosystem is out after breaking sanctions and launder money. You probably realize this yourself too, bit sad you don't include that in your comments though.
Coinbase is a centralized old fashioned listed company that (even though they dislike it) has to follow the laws applicable to it.
They do KYC and maybe even a bit of token AML and CTF. Then you can exchange fiat into crypto, send it to an unhosted (=self-hosted) wallet, and then do with the crypto as you wish without following any rules whatsoever, by design.
Furthermore, there are many less regulated parts of the cryptocurrency ecosystem that do not even abide by that modicum of regulation.
Look, any bank could trivially replicate 100% of the functionality of a cryptocurrency, or a stable coin, with a good old-fashioned database (even a distributed database, so you have all the frequently cited benefits of decentralization - nearly all). And then they'd be shut down, because they'd be in violation of all sorts of laws and enabling all sorts of crimes. (This is not a hypothetical: see what happened to Liberty Reserve, e-gold, and others that had this glorious idea prior to crypto. They were all swiftly shut down.)
So, while the entire ecosystem might not initially have set out to break sanctions and launder money and subvert other rules, that is the use case which the technology enables compared to pre-Nakamoto technology.
Coinbase is part of "crypto in general", so regardless of how you'd like to move the goal post now, you yourself confirmed just now that not all cryptocurrency is about "scrap all the rules and launder all the money we can".
The essential feature of crypto is that you can transfer it without regards to rules. There are on/off ramps dealing with crypto as well as fiat, thus centralized entities, and they have to obey the rules indeed.
Look, guns are about shooting people. But at shooting ranges people are not shot. Nevertheless, guns are about shooting people.
Not quite. It's about 3x. It also depends on whether you're talking fixed wing or rotary wings.
A modern car might easily have 130 kW or more, and that's what a Cessna 172 has (around 180 hp). (Sure, a plane cruises at the higher end of that, while a car only uses that much to accelerate and cruises at the lower end of the range - still not a factor of 10x.)
As another datapoint, a Diamond DA40 does around 28 miles per gallon (< 9 litres per 100 km) at 60% power cruise.
> The billionaire founders of both Virgin Galactic and Blue Origin had faith in the systems they had created. They both personally flew on the first operational flights of their sub-orbital launch systems. They went way beyond simply talking about how great their technology was, they believed in it, and flew in it.
> Let’s hope this tradition continues. Let’s hope the billionaire founder/CEO of SpaceX will be onboard the first crewed flight of Starship to Mars, and that it happens sooner than I expect. We can all cheer for that.
I think it's a great idea that the delivery of the material is done by video, and then the engagement with it, the exercises etc., are done with a teacher.
Knowing that the vast majority of parents will not check or enforce school work at home, either because they don't care or can't (2 jobs etc) ...
You have to choose which one actually happens. That seems to me to be the lecture.
Additionally teachers are very opposed to doing extra work (this seems to be a Gen-Z thing: even with doctors you see this, there was an article about doctors refusing to do emergency rooms shifts during covid because they didn't want to pull more hours ...). So you'll need to get teachers that are willing to do a LOT of extra work (and compensated accordingly), and prevent people from sabotaging that system.
Either that or you could make schools pretty exclusive again. Which is what the default outcome will be if we don't act.
> there was an article about doctors refusing to do emergency rooms shifts during covid because they didn't want to pull more hours
This phenomenon did not involve Gen Z, it involved all generations, and was multifactorial in nature. It also gets complicated by health center where physicians and nurses can see inequities in how these +1 shifts and responsibilities emerge, get distributed, and get compensated.
Many runways have an ILS antenna installation inside the protected area. They just follow code guidelines that the mounts can only be so high above grade and must be frangible. This installation is different because of local conditions. They used a common local solution in an inappropriate area.
There are dozens of ways to solve this problem. From the short term of better structure engineering to the long term of better ILS antenna installations that don't require such large structures in such commonly dangerous positions in the first place. We could even get into better run off engineering to handle the somewhat unusual case of a fully gear up landing.
It's just insane to me to say "it's a red herring" as if this were a mystery novel and not an emergent failure of several safety mechanisms.
Your suggestion is absurd and impractical. You’re not contributing anything useful. Of course accidents happen. Knowing accidents happen, People are asking why a large solid concrete structure is at the end of the runway. Especially given that it was known to be a bad idea.
++++++++++++
>> You will not find a solution to political problems in cryptography.
> Yes, but we can win a major battle in the arms race and gain a new territory of freedom for several years.
> Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.
> Satoshi
++++++++++++
> It's very attractive to the libertarian viewpoint if we can explain it properly. I'm better with code than with words though.
> Satoshi Nakamoto
reply