• 16 Posts
  • 13 Comments
Joined 1 year ago
Cake day: June 23rd, 2023
  • Void_Sloth@lemmy.worldtoLemmy Shitpost@lemmy.world•*Permanently Deleted*
    710·
    10 months ago

    I’m happy to briefly address those for you. For starters I’m only referring to Bitcoin, and not other “crypto”.

    • The base layer is indeed “to slow and expensive” to make day to day purchases such as coffee. However layer 2 applications built on top of the base layer, such as the lighting network, enable nearly instant transactions extremely cheaply.
    • Bitcoin solves many problems with existing currencies, all you have to do is look to countries with failed economic systems. Or the billion people around the world who lack access to even the most basic financial services, such as banking. You may not see a use for it but people living under failed regimes do.
    • This is much more complicated and it’s difficult to explain the advantages of securing a monetary system with energy in a concise way so I’ll instead say this. The energy necessary to secure the network is indeed a cost, but without a complete understanding of Bitcoin you cannot evaluate if it is outweighed by the benefits. Of course I believe the benefits far outweigh the cost.

    Hopefully that helps.

  • Void_Sloth@lemmy.worldOPtoLefty Memes@lemmy.dbzer0.com•It's not a paradoxEnglish
    2·
    10 months ago

    I’m glad you put the effort in, it’s the only way humanity can improve upon itself.

    I agree with what you’ve said and think this graphic agrees with you as well. I don’t believe it implies that violence should be used against the intolerant but rather that action should be taken to remedy intolerance.

    However I do see what you mean, as it’s phrasing doesn’t preclude violence either and could be further refined to highlight that point.

  • Void_Sloth@lemmy.worldtoAsklemmy@lemmy.ml•How can you explain the Fediverse to someone?
    27·
    10 months ago

    There’s a lot of technical answers being proposed but you really need to keep in mind your target audience. Do they actually care how it works at all, or are they less technically minded.

    Take the email comparison, it makes an excellent example for people who know how email works but most people don’t know so it’s not helpful as a comparison to them.

    For the layman it’s probably best to stick to a simple description, such as: The Fediverse is community organized social media, it works the same as Reddit/Twitter but it’s not owned by any company. There are a few extra steps when you first sign up, but it’s well worth it for the extra control you get.