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Joined 1 year ago
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Cake day: July 13th, 2023

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  • While trading in general is zero sum, if you believe the product you’re trading has intrinsic value, then no one needs to be holding a bag.

    If I sell you a car and you get to use the car, you wouldn’t be holding the bag, because you wanted the car. This applies to stocks, and stock derivatives, as well as commodities.

    The problem arises when there isn’t an intrinsic value (or the intrinsic value is very small), such as with NFTs or many cryptos in general.

    There are cryptos that have some intrinsic value like monero, since they have fungibility and a use case, but most do not.












  • PGP can also do that, properly implemented, a PGP key with a large web of trust, can be just as effective at making immutable certified statements without having this weird cash based speech thing that crypto has going for it.

    The fact that every single action you do with crypto involves spending money is ridiculous. I don’t mean the scams and stuff, I mean, every single thing, every transaction, every smart contract, every interaction, who wants to play around with a system that just pilfers your cash from you just for the privilege of exploring it.

    At least with aws I can run code locally before they rob me.



  • Declarative, functional code is by definition much closer to ai prompts than any imperative code. Businesses are just scared of functional programming because they think that by adopting oop then can make developers interchangeable, the reality is that encapsulation is almost never implemented in a proper way and we should be instead focusing on languages that enforce better systems over slamming oop into everything.

    Hell, almost every modern developer agrees that inheritance is just bad and many frown upon polymorphic code as well.

    So if we can’t properly encapsulate, we don’t want inheritance or polymorphism, we don’t want to modify state, what are we even doing with oop?