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iNow

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Everything posted by iNow

  1. Also because it helps save the lives of those you love, those you know, and those you neither.
  2. His interests are less about the area and more about destabilization more broadly… to erode the foundations of democratic principles themselves. No matter how tight you make it, it will never have zero porosity. Human ingenuity is a beautiful thing, although sometimes regrettable. I recommend we focus a bit less on trying to further tighten already tight border controls (symptoms) and focus a bit more on removing the reasons the Palestinians have been so upset for decades to begin with (root cause). I also acknowledge how extremely simple it is to type this and how extremely hard it is to achieve this.
  3. It shows that the Iron Dome our US annual $3B+ investment in Israel built seems to be working pretty well. Every coin has 3 sides. Any bets that Putin and his minions have helped feed the discord? (And are continuing to do so right now in our various social feeds)
  4. Parler comes back to the App Store on Monday. https://www.vox.com/recode/2021/5/17/22441143/parler-apple-app-store-hate-speech
  5. I don’t believe that’s true for any but a tiny few environmentalist / green investors, but you’re certainly welcome to your opinion.
  6. I’m unfamiliar with this term. Will you please elaborate?
  7. Did he not cause demand to decrease as a result of his comments? Transaction fees and interest fees on holdings are hardly specific to crypto currencies. Even standard savings and checking accounts often have them. Perhaps you haven’t noticed, but the exact opposite of this is what we’ve seen happening with BTC values these last several years. It’s down about $15,000 in the last few weeks (almost reached $64K just one month ago), but the trend the last 5 years suggests your “theory” doesn’t accurately describe reality and should be abandoned.
  8. I tend to agree, and also acknowledge that if easy answers were available here they’d have been implemented decades ago. As best I can tell, Bibi has declined all attempts from other nations, from the UN, and from Palestinians leaders themselves to move forward with a cease fire… rejecting those overtures saying that assaults will persist until they’re satisfied sufficient damage has been done to Palestinian battle capabilities. Basically, the beatings will continue until morale improves… This seems hyperbolic and straight out of Bibis reelection messaging campaign.
  9. Energy consumption often (but not always) influences demand on consumer products where energy costs if owing that product play a major role. You mentioned several good examples of these yourself… automobiles, appliances, air conditioning units, etc. These are goods that require continuous inputs of energy after they’ve been purchased and hence there will be payment outlays one must make across the entire life of the product… I must pay my electricity bill to keep my refrigerator and AC running… I must buy gasoline to keep my car running… buy natural gas or propane to run the furnace during winter in our home. These are all goods where considering energy consumption as part of the Total Cost of Ownership makes very good sense, and those considerations can and often do affect demand… more efficient products tend to outcompete less efficient options other things being equal (Not always, though... see also people buying horribly inefficient sports cars and big trucks, etc… energy consumption is only one among thousands of variables). Bitcoin is a different category entirely, though. It’s not a consumer good. It’s an investment… a gamble… a currency that can be sold and traded to buy other things. Once you’ve bought it, however, you own it. It’s yours, and there’s no need to pay for gas to keep it running, or to buy electricity to keep it online. There are no additional considerations other than, “I paid $X to obtain it and right now it’s worth $Y” and energy consumption is irrelevant. The people who mined it had to purchase electricity to do slayer… and the platform/bank who holds your bitcoins has to pay for servers and network infrastructure to support your account and manage the transactions, but those are fees THEY are responsible for and they aren’t generally something you need to worry about yourself even though you’re the owner of the Bitcoin. For that reason, it’s simply incorrect and inaccurate to say energy consumption is in any way relevant to Bitcoin demand or even price. Sure, Elon Musk made a passing tweet about it and I’m sure there are many environmentalists in the world who who would never buy Bitcoin for these reasons of energy consumption, but these folks are a tiny marginal fractional few in the broader and much larger cryptocurrency market. They aren’t relevant enough to care about in discussions of overall price. Hope that helps.
  10. It’s a direct response to you suggesting demand for Bitcoin would go down due to the mining of it consuming so much energy. Here it is again in case you forgot:
  11. The people using the electricity pay for it. The rest of us suffer externalities from their actions. If you clarify where you’re confused about this, we can try to address that. In other words, your comment was completely irrelevant to what we’ve been here discussing. Got it.
  12. Oh, please. This isn’t about the Israeli people or even about the country itself. This is all about Benjamin Netanyahu being at his weakest ever point since first getting elected, being unable to even form a coalition government, and facing numerous corruption charges. This response is his way to deflect and redirect attention so he can retain power like all good autocratic leaders do. It’s part of the playbook, and we’ve seen this exact movie plot multiple times before.
  13. Bitcoin does not continue to require energy payments from the buyer once it’s been purchased. It’s not an appliance. It’s not a vehicle. You don’t have to put gasoline into the tank to make it work once you have it. What a ridiculous comparison you’re making. Would you like to try again, or simply do the mature thing and retract or refine your claim?
  14. Perhaps if you said the sky is blue, you wouldn’t be required to back it up. Instead, you said “demand is very much affected by energy consumption.” That’s NOT obvious, so yes. It needs to be backed up. You made a claim. That claim has been challenged. You can support it, refine it, or retract it. Those are your options, but the onus is on you to do at least one.
  15. No. It's volatility due to public statements by people and companies with significant holdings. For all we know, their public statement about energy consumption being their reason was a lie. How does this require explanation? I call bullshit. Feel free to back this up with a valid source. For now, I believe the source is your rectum.
  16. Volatility comes mostly from demand… as in supply and demand. It’s unrelated to energy consumption or mining in any direct sense.
  17. This suggests the volatility results from the practice of mining. That doesn’t seem correct.
  18. You misspelled fascism
  19. I suspect this is part of it, sure. Your take / question here, though, actually considers the situation from the opposite direction than where my own thoughts on this were. My sense was that this destruction of the broadcast building was more about preventing news about what's going on there from getting OUT of Gaza and visible to the rest of the world instead of preventing information from getting IN to Gaza so they have reliable external info, but surely there are elements of both.
  20. Then you weren’t paying attention well enough Seems reasonable Suspect this is more a function of limitations in human memory and recall than of spacetime itself. Good point. Limitations in vision matter, too… but as sensei already highlighted, we tend to be rather bad at paying close attention. Depends on which model you’re using to describe them. Are they quantized or continuous…
  21. The same people who invest in stocks. Or go to Vegas / Macau … or who have enough money to burn to venture into these new financial spaces. See also: NFTs Please clarify what you think was the original aim of virtual money. I’m not at all following your point.
  22. Pretty sure nobody here is blinkered enough to suggest Fauci ought to be dismissed based on misguided words from Rand Paul so that last post likely wasn’t necessary.
  23. Correct, and that’s precisely why I mentioned externalities. People who are comfortable with volatility / have a higher risk tolerance and who see a higher potential for gain than loss by investing.
  24. Unsure if I’m missing something or if maybe this was an autocorrect fail, but did you happen to instead mean immunology, or even immunoregulation or immune mediated diseases?
  25. That does not follow. You may as well be saying that bananas are yellow because this month is May.

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