do not comply do not pay the fine idiot geriatric lawmakers have no power over what you do with your computer

it's not the developers of bitcoin's fault your entire reg compliance apparatus was constructed on requiring intermediaries

he literally told everyone to do it

https://truthsocial.com/@realDonaldTrump/posts/1143082727259...

and you might have felt especially confident if you recalled him doing the exact same thing in 2018

>It’s becoming more of a live performance

while this is true in theory, i find that sometimes the new tools end up becoming a crutch making djs extremely boring

the extra time freed up from not having to concentrate on beatmatching etc. is replaced with nothing

a lot of the time i have no idea what people are even doing they may as well just be playing a playlist from spotify

whereas i can generally discern what a vinyl dj is doing, and watching someone like jeff mills dig through piles of records & spinning 3 decks while being on the edge of trainwrecking has a kind of energy and tension that gets lost and is not replicable with newer technology

it's sorta like someone being able to sing really well naturally vs someone with autotune

that being said i've still seen amazing sets from digital djs or people with interesting live setups

They used a gnosis safe which is a smart contract multi-sig wallet that is pretty much the gold standard for Ethereum.

They believed that all of the signers' pcs were hacked and that the UI for signing was staged with a fake element to make it appear like a normal transfer.

They were signing with hardware wallets, but it's hard to verify what you're signing from a ledger typically.

What they ended up signing instead was an upgrade to the smart contract giving control of the gnosis safe to the hacker who then drained it.

older aluminum frames have a reputation for feeling harsh, but it's not because they're made out of aluminum

As the market cap of Luna skyrocketed it allowed for the minting of massive quantities of UST, and then as the price of Luna declined the value of the tokens backing UST was less than what was in circulation and contributed to the death spiral.

No amount of demand for Luna block space was ever going to keep this thing pegged. The only thing defending it was open market moves from extremely well capitalized trading desks which is uh decidedly not "algorithmic" nor "decentralized".

There's other stable coins with similar mechanisms like Synthetix / SUSD which are also risky, but AT LEAST in their case they require 400% overcollateralization in SNX to mint SUSD.

What's shocking is how many people, who ostensibly should be in the top 1% in terms of finance IQ, (e.g., Mike Novogratz, Raoul Pal, etc.) were seemingly unaware of these risks and never examined how it worked while shilling it to retail investors.

To answer that I would invite anyone to try using a blockchain under heavy load without any way for users to prioritize transactions. What you will find is the network becomes vulnerable to transaction spamming; possibly to point of breaking consensus making it so nobody can transact at all.

MEV is a consequence of a design decision to address this. And that's not to say Ethereum has everything figured out and a better FIFO model can't solve this, but afaik this is the current state of things.

It's amazing what can be wrung out of old hardware.

When they tell you your crypto is being lent to "institutional investors" what they really mean to say is they're gambling with your crypto in defi protocols, and you can see this happening on-chain.

First it was supposed to be digital cash, but then suddenly it's gold and now "digital property".

When it became apparent that it's very wasteful they said the only thing hard money can be backed by is pure entropy.

The criticism here is excellent; I think something people outside of this space never see is that despite all the boosterism there are web3/crypto proponents who have been airing these same exact grievances for some time now, particularly regarding metamask, infura, ipfs, & opensea, but there's alternatives to all of these.

Decentralization is a spectrum, and while I think Moxie's probably right in that this all trends towards consolidation, at the same time there's founders trying to to change course and move in the opposite direction, Joe Lubin being among them.