ellynu

ellynu wrote

tbh i kind of assumed that, given this is a predominately leftist forum, that there would like cryptocurrencies and see them as good

i'm a communist so i'm not really into trying to make new currencies inside of capitalism, or managing current ones either

it'd be silly to dismiss proof-of-stake coins

why? all of my reading on it makes it seem like a sort of defense of ethereum et al, "oh some time in the future we'll invent the way to do the thing that makes it okay".

it's free to make a new cryptocurrency, so if rich fuckers are redistributing wealth a little bit because they won't even pay someone to understand things for them, then that's actually cool and good.

based on my knowledge of marx and cryptocurrency it seems to me like its basically petite bourgeois peeps pushing money around.

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ellynu wrote

so whoever has the most for the longest is determining who gets more? what is even the point of cryptocurrency then? it all just seems like grifts upon grifts, reinventing the current state of things but even worse this time.

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ellynu wrote

read this pdf for some fun examples of the problems they have had to deal with, here's one of my favorites:

"One card game tried to make changes to the system.ini file but ended up destroying it. The game read the system.ini file a line at a time into an 80-character buffer, made any necessary changes, and wrote the result to a temporary file. If any line contained more than 80 characters, the buffer overflowed and corrupted the next variable on the stack, which happened to be the name of the temporary file! Once the changes were made, the program deleted the system.ini file and renamed the temporary file to system.ini. But the rename operation failed because the name of the temporary file was corrupted by the extra-long line.The result: a system with no system configuration file.In other words, installing this program rendered your system unbootable.The fix from the operating system side was to go through all the components of the system that used the system.ini file and make sure none of them ever wrote lines longer than 80 characters."

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