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Joined 2 years ago
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Cake day: July 2nd, 2023

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  • I guess it’s more useful as a store of wealth than a currency. Like gold it can be transferred irreversibly between owners, except now the transfer and storage costs are significantly reduced and it’s available to the general public as an option. The key benefit is the use of the internet as a transfer medium, you no longer have to rely on a third party to facilitate the exchange, which for most large transactions means paying someone to transport it and store it (lawyers, guards, banks).

    It does allow for easy exchange for all users, including criminals, but generally using it for crime is a terrible idea, as every member of the network can see all transactions. Bitcoin is more of a notice board about what addresses have what amounts, and if you can prove to the people that post on the notice board that you control an address, you’re allowed to spend the contents and update everyone of where you sent it.

    People came up with an idea for how to do chargebacks, it’s called an escrow service, a third party that holds the money until all parties have had a chance to raise a dispute and confirm they are happy. This is the same as how PayPal works, trust based on reputation of the escrow provider, and the escrow provider is payed a fee. It’s just that now with bitcoin, you also have the option to complete the transaction online without an escrow provider, the same as you would in person with cash.


  • So it’s an app on Linux which you can get from github, and then an app on the Quest store. And it works by loading up the app on the Quest and streaming it all to there. Just AVR on the store, made by the same people as the GitHub. There’s guides online and it might be a bit fiddly if you’re not good with Linux. It still seems like a work in progress and you’ll need strong WiFi.







  • I think this is a classic case of “The complainers are way more vocal than the life enjoyers”, combined with modern technology being set up to promote controversial content. When someone’s enjoying this life and being chill, they also don’t usually care about spreading thier message. The complainers are either memetic or often political and seem to enjoy a much greater platform. Also more controversial content generates more negative engagement, and most social media promotes content that has high engagement, because it benefits them to have users engage and stay on the site longer.