kinkajou
@k1nk4j0u.bsky.social
I work with p2p distributed systems
I would agree that the most vocal believe that.
The most active, as in actually working on the technology every day for years, believe in equality. I wouldn't work with criminals.
I think the view from outside the industry looks very different from what my experience has been over the last 15yrs
The most active, as in actually working on the technology every day for years, believe in equality. I wouldn't work with criminals.
I think the view from outside the industry looks very different from what my experience has been over the last 15yrs
December 18, 2025 at 2:40 PM
I would agree that the most vocal believe that.
The most active, as in actually working on the technology every day for years, believe in equality. I wouldn't work with criminals.
I think the view from outside the industry looks very different from what my experience has been over the last 15yrs
The most active, as in actually working on the technology every day for years, believe in equality. I wouldn't work with criminals.
I think the view from outside the industry looks very different from what my experience has been over the last 15yrs
Those same laws, statutes, and regulations allow Bitcoin and other cryptocurrencies to exist within our legal/democratic system.
The technology isn't anti-democratic just because some people choose to use it to break the law.
Please don't make me do a gun analogy, I don't want to be that guy.
The technology isn't anti-democratic just because some people choose to use it to break the law.
Please don't make me do a gun analogy, I don't want to be that guy.
December 18, 2025 at 2:21 PM
Those same laws, statutes, and regulations allow Bitcoin and other cryptocurrencies to exist within our legal/democratic system.
The technology isn't anti-democratic just because some people choose to use it to break the law.
Please don't make me do a gun analogy, I don't want to be that guy.
The technology isn't anti-democratic just because some people choose to use it to break the law.
Please don't make me do a gun analogy, I don't want to be that guy.
Totally fair and I agree. I think the only way to fix this is if more well-meaning people like yourself get involved in the industry and try to build a better system for everyone, whatever that means to you.
Crypto isn't going anywhere, but the honest actors are at risk of being crowded out.
Crypto isn't going anywhere, but the honest actors are at risk of being crowded out.
December 18, 2025 at 2:14 PM
Totally fair and I agree. I think the only way to fix this is if more well-meaning people like yourself get involved in the industry and try to build a better system for everyone, whatever that means to you.
Crypto isn't going anywhere, but the honest actors are at risk of being crowded out.
Crypto isn't going anywhere, but the honest actors are at risk of being crowded out.
I agree that the lack of AML is a problem, but I don't think it merits giving the government (or financial institutions, payment processors, etc.) complete control over our financial systems.
We can hold people accountable to our laws when they break them regardless of their chosen methods.
We can hold people accountable to our laws when they break them regardless of their chosen methods.
December 18, 2025 at 2:03 PM
I agree that the lack of AML is a problem, but I don't think it merits giving the government (or financial institutions, payment processors, etc.) complete control over our financial systems.
We can hold people accountable to our laws when they break them regardless of their chosen methods.
We can hold people accountable to our laws when they break them regardless of their chosen methods.
Pool operators will vote for participants, but pools are made up of individual users who vote with their choice of pool.
We've already been through this ad nauseam with Bitcoin.
It's not a perfect system, but it isn't broken and doesn't leave any users without a vote.
We've already been through this ad nauseam with Bitcoin.
It's not a perfect system, but it isn't broken and doesn't leave any users without a vote.
December 18, 2025 at 1:53 PM
Pool operators will vote for participants, but pools are made up of individual users who vote with their choice of pool.
We've already been through this ad nauseam with Bitcoin.
It's not a perfect system, but it isn't broken and doesn't leave any users without a vote.
We've already been through this ad nauseam with Bitcoin.
It's not a perfect system, but it isn't broken and doesn't leave any users without a vote.
Fair enough. I consider censorship to be antidemocratic, though I can understand your perspective.
December 18, 2025 at 1:50 PM
Fair enough. I consider censorship to be antidemocratic, though I can understand your perspective.
Agree on ETH being captured, though staking requirements have virtually nothing to do with that since pools exist. They opted for a consensus mechanism that could easily be exploited by the billionaire class and I wouldn't be surprised if there was an ongoing Sybil.
December 18, 2025 at 1:42 PM
Agree on ETH being captured, though staking requirements have virtually nothing to do with that since pools exist. They opted for a consensus mechanism that could easily be exploited by the billionaire class and I wouldn't be surprised if there was an ongoing Sybil.
"Crypto" does not do that, some guy that owns crypto does. If we're going to project the morals, values, and actions of a single industry participant (or a small handful) onto the entire industry - do bankers too. At least be consistent.
December 18, 2025 at 1:42 PM
"Crypto" does not do that, some guy that owns crypto does. If we're going to project the morals, values, and actions of a single industry participant (or a small handful) onto the entire industry - do bankers too. At least be consistent.
Crypto is inherently democratic. Node operators literally get to vote on the rules they want, and the network enforces these rules for all users equally. Code is law.
There are plenty of legitimate criticisms of crypto, no need to make stuff up.
There are plenty of legitimate criticisms of crypto, no need to make stuff up.
December 18, 2025 at 1:28 PM
Crypto is inherently democratic. Node operators literally get to vote on the rules they want, and the network enforces these rules for all users equally. Code is law.
There are plenty of legitimate criticisms of crypto, no need to make stuff up.
There are plenty of legitimate criticisms of crypto, no need to make stuff up.
Sure, absolutely agree there, but that has been the case for many years and here they are arriving late to the party.
In contrast to JPM, who seemed to pick up on this almost immediately and quietly began funding blockchain startups/pilots back in 2018 despite distancing themselves publicly.
In contrast to JPM, who seemed to pick up on this almost immediately and quietly began funding blockchain startups/pilots back in 2018 despite distancing themselves publicly.
December 17, 2025 at 6:17 PM
Sure, absolutely agree there, but that has been the case for many years and here they are arriving late to the party.
In contrast to JPM, who seemed to pick up on this almost immediately and quietly began funding blockchain startups/pilots back in 2018 despite distancing themselves publicly.
In contrast to JPM, who seemed to pick up on this almost immediately and quietly began funding blockchain startups/pilots back in 2018 despite distancing themselves publicly.
This is interesting because one of the main appeals of tokenized securities for many, myself included, was/is escaping the control of the DTCC.
I guess they, like banks, realized it was time to get on board or be left behind.
I guess they, like banks, realized it was time to get on board or be left behind.
December 17, 2025 at 5:15 PM
This is interesting because one of the main appeals of tokenized securities for many, myself included, was/is escaping the control of the DTCC.
I guess they, like banks, realized it was time to get on board or be left behind.
I guess they, like banks, realized it was time to get on board or be left behind.
tren is crazy with the side effects for most people. not really popular with women for that reason. even most of the male bodybuilders I know are a bit scared of it, and they dont have to worry about the secondary sex characteristics.
the one benefit would be shorter half life over just test.
the one benefit would be shorter half life over just test.
December 13, 2025 at 4:35 PM
tren is crazy with the side effects for most people. not really popular with women for that reason. even most of the male bodybuilders I know are a bit scared of it, and they dont have to worry about the secondary sex characteristics.
the one benefit would be shorter half life over just test.
the one benefit would be shorter half life over just test.
The price of compute would go down if there was more competition. Margins are tight for hyperscalers because they pay inflated prices for hardware, which only exist because chip producers know they can afford it.
My business exists because I can offer a slightly worse service at much lower prices.
My business exists because I can offer a slightly worse service at much lower prices.
December 6, 2025 at 7:13 PM
The price of compute would go down if there was more competition. Margins are tight for hyperscalers because they pay inflated prices for hardware, which only exist because chip producers know they can afford it.
My business exists because I can offer a slightly worse service at much lower prices.
My business exists because I can offer a slightly worse service at much lower prices.
Additionally, as someone that has been building and deploying HPC for a decade now, most of these FOMO type datacenter projects historically go bankrupt within 2yrs, leaving taxpayers and local utilities holding the bag.
December 6, 2025 at 7:02 PM
Additionally, as someone that has been building and deploying HPC for a decade now, most of these FOMO type datacenter projects historically go bankrupt within 2yrs, leaving taxpayers and local utilities holding the bag.
You're absolutely right about that. My issue as a datacenter owner/operator myself is more with the fact that I am subsidizing my competitor's sweetheart deals with utility companies.
So my small business gets shafted twice, losing a competitive advantage and paying more for the privilege.
So my small business gets shafted twice, losing a competitive advantage and paying more for the privilege.
December 6, 2025 at 6:58 PM
You're absolutely right about that. My issue as a datacenter owner/operator myself is more with the fact that I am subsidizing my competitor's sweetheart deals with utility companies.
So my small business gets shafted twice, losing a competitive advantage and paying more for the privilege.
So my small business gets shafted twice, losing a competitive advantage and paying more for the privilege.
Yes, most of the cost isn't even in generation - but transmission and distribution.
However, if datacenters built out their own on-site generation, that cost is largely mitigated. I know of a few AI datacenters doing this in GA/NC with hydro and solar is also a popular option in FL/AZ.
However, if datacenters built out their own on-site generation, that cost is largely mitigated. I know of a few AI datacenters doing this in GA/NC with hydro and solar is also a popular option in FL/AZ.
December 6, 2025 at 6:35 PM
Yes, most of the cost isn't even in generation - but transmission and distribution.
However, if datacenters built out their own on-site generation, that cost is largely mitigated. I know of a few AI datacenters doing this in GA/NC with hydro and solar is also a popular option in FL/AZ.
However, if datacenters built out their own on-site generation, that cost is largely mitigated. I know of a few AI datacenters doing this in GA/NC with hydro and solar is also a popular option in FL/AZ.
Nah, I don't want to subsidize another nuclear plant that goes $3b over budget, is late, and raises my bill by 12% per kwh.
December 6, 2025 at 6:18 PM
Nah, I don't want to subsidize another nuclear plant that goes $3b over budget, is late, and raises my bill by 12% per kwh.
Reposted by kinkajou
people’s answers to “we get rid of crypto, then what” always devolve into wishful utopian avoidant fantasy mumbo-jumbo and like dude there are actual real-world issues that cryptocurrency is addressing whether you like it or not. what is the practical alternative and how do we implement it
November 30, 2025 at 8:07 PM
people’s answers to “we get rid of crypto, then what” always devolve into wishful utopian avoidant fantasy mumbo-jumbo and like dude there are actual real-world issues that cryptocurrency is addressing whether you like it or not. what is the practical alternative and how do we implement it
There may be potential for voltage fault injection.
November 25, 2025 at 5:58 PM
There may be potential for voltage fault injection.
And I'm not going to read to you, but you're wrong, and that wouldn't even be stealing money from a bank account. Because, you know, it's not money nor in a bank account.
Muting both you illiterates. No point in engaging with people who can't/won't read.
Muting both you illiterates. No point in engaging with people who can't/won't read.
November 25, 2025 at 1:27 PM
And I'm not going to read to you, but you're wrong, and that wouldn't even be stealing money from a bank account. Because, you know, it's not money nor in a bank account.
Muting both you illiterates. No point in engaging with people who can't/won't read.
Muting both you illiterates. No point in engaging with people who can't/won't read.
I linked you an article that explains all of that.
The rise of fascism is a problem for everyone, and the problems won't go away with Trump.
Crypto can help protect perceived political dissidents and refugees of hostile governments everywhere.
The rise of fascism is a problem for everyone, and the problems won't go away with Trump.
Crypto can help protect perceived political dissidents and refugees of hostile governments everywhere.
November 24, 2025 at 7:18 PM
I linked you an article that explains all of that.
The rise of fascism is a problem for everyone, and the problems won't go away with Trump.
Crypto can help protect perceived political dissidents and refugees of hostile governments everywhere.
The rise of fascism is a problem for everyone, and the problems won't go away with Trump.
Crypto can help protect perceived political dissidents and refugees of hostile governments everywhere.
www.rollingstone.com/politics/pol...
The United States is being run by a dictator who literally stole the people's money right out of their bank account.
To imply that self-custody of censorship resistant money helps no one is just absurd and objectively wrong/ignorant of the reality we inhabit.
The United States is being run by a dictator who literally stole the people's money right out of their bank account.
To imply that self-custody of censorship resistant money helps no one is just absurd and objectively wrong/ignorant of the reality we inhabit.
Can Trump Arbitrarily Take Money From Anyone's Bank Account?
The Trump administration debited $80.5 million from New York City’s bank account, raising alarms about the reliability of the U.S. dollar.
www.rollingstone.com
November 24, 2025 at 5:30 PM
www.rollingstone.com/politics/pol...
The United States is being run by a dictator who literally stole the people's money right out of their bank account.
To imply that self-custody of censorship resistant money helps no one is just absurd and objectively wrong/ignorant of the reality we inhabit.
The United States is being run by a dictator who literally stole the people's money right out of their bank account.
To imply that self-custody of censorship resistant money helps no one is just absurd and objectively wrong/ignorant of the reality we inhabit.
It sounds like a really great way to save money until you actually start doing it
November 24, 2025 at 12:37 AM
It sounds like a really great way to save money until you actually start doing it