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Comment Stablecoin Concept Absurd (Score 1) 61

1. You give us real dollars, we give you Dave and Buster dollar coins
2. We take your dollar and either store it in a shady bank or buy US treasuries.
3. We offer you 12% APR on your D&B coins, despite the dollar you gave us making ~2% in treasuries
4. ????
5. Everybody profits, but especially our executives

Comment Re:Something else for the graveyard? (Score 2) 56

"answers it hands out probably came from scraping the web pages they aren't sending anyone to anymore."

This is already a serious problem with Google Answers (one of the seventeen sections at the top of a cluttered search page). I believe they've been sued over it because they are copying/showing your information without sending people to the actual site.

Comment Re:Probably not (Score 1) 77

The entire crypto "industry" has essentially been given carte blanche by ALL MEDIA to tell their lies and sell their nonsense. Some combination of techno-jargon and individual empowerment libertarian bullshit that allowed people from any political persuasion to find meaning.

The one thing crypto morons did well was branding. Web 3.0! I mean these blockchains are gonna replace everything! Google! Microsoft! The internet itself! And they just kept repeating the lie; repeat, repeat, repeat the lies until they're true.

End of the day you've got a pile of unique strings that dont do anything.

Comment Programming Like It's 1965 (Score 1) 67

All of the discussion online of EVM development is about gas costs. It's like an atari 2600 in the sky that can't do much and costs a small fortune to operate.

The main reason is the language/environment is so simplistic/limited, essentially every program that's possible to create with it has been done. The only "work" left to be done is fiddle with register commands to reduce costs.

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