∇ Gradient Descent

Appending is possible - it happens every ten minutes on average.

Since when is taking a loan "fraud"?

If you use any collateral to secure a loan, you're not selling the asset so there's no capital gains tax.

Your bank needs to accept the asset as collateral, of course. It's not hard to find one, that accepts Bitcoin for that.

Bitcoin is only used by criminals. And some retail investors. And family offices. And trading firms and investment management companies. And other companies, many others. And banks. And pension funds. And Governments like El Salvador or Wisconsin.

Yeah, it's obviously only used by criminals.

To be a good critic, you need to study the topic. Once you do, you first start asking better questions, then get better answers, then begin to see the value of Bitcoin and finally become a fiat critic.

That's why there's no good Bitcoin critics 😂

Swiss newspaper showing investments done by swiss population

25% of the Swiss population is using Bitcoin - if they're all criminals and drug dealers, Switzerland must be one gangsters paradise of a country. Better watch out and stay away from their tasty chocolate.

That's a classic impersonation scam with deep fake videos. You can find those daily on YouTube, who don't seem to care enough to do anything serious against that.

It does. There's 15 years of data to support that.

We might all be grateful to their work in a future soon to come. Or not. Depends on how history will evolve.. which we all don't know.

Cypherpunks saw the threat of a future government taking full control over the digital world already in the 80s. China implemented that fully. Snowden showed, that the US implemented parts.

Cypherpunks are building defensive privacy tech for 40 years already.

It's not about 2020, I think.

In the face of the 2024 elections in the US i would not count the US as a stable democracy. The map I quoted lists the US as "flawed democracy".

If Trump gains power and does only half of what he announced, it'll be an authoritarian government quickly.

History doesn't stand still, nothing stays.

Considering that the majority of the world's population doesn't live in stable democracies, a censorship-resistant social media might not be the worst idea.

What's the role of privilege-bias of those who disagree?

It would obliterate almost every existing digital security system over night. It would be used for war.

LSD was cool when you could buy it legally in the EU due to a technical loophole in the legislation, which took years to close. That was fun :)

Produced in a legal lab, payable with bank card, cheap bulk price and also finest quality.

It's a great article.

Feels like talking to a bot. Have a nice day.

The day they qualify for Level 4 I'll be impressed by the achievement and consider buying one.

Again: it's not about emotions.

I'm stating arguments based on facts. It's not about emotions.

That's how Tesla would like it to work.

Others use professional, trained testing staff.

Mercedes didn't send its customers on the street as "beta" drivers. Yet they achieved one more level than Tesla.

If they're not professional test pilots, then they're "random civilians".

I did google that: they have autonomy level 2.

They didn't qualify for anything higher.

That's just a fact - no emotions in that.

I believe, that autonomous driving will come and I think it will be great.

I also think, the tech should be ready, before going live.

Mercedes Benz is ahead of Tesla (they have Level 3, Tesla Level 2, it's a fact). Mercedes is aiming at 2030 for Level 5.

Responsible "Testing" of a non-qualified product requires a trained pilot at least.

Having some randim dudes test your non-qualified products between pedestrians and thinking that's ok, because you call it "beta" is an amazing level of recklessness.

Which autonomy level does FSD beta have?

If it's used in public by regular people, then it doesn't matter, how small the user base is or how they call the product.

It's either technically qualified for a use case - or it isn't.

Glad to hear, that nobody was killed.

Tesla FSD has not qualified for that use. If they were ready, they could get Level 3, which would allow them to legally market that use as a feature. That would be an amazing achievement and great for marketing.

But they're not ready, they don't qualify.

If Tesla was better than Level 2, they could qualify - but they don't. So they're obviously not ready - that's an observable, objective fact.

Tesla has Level 2 of 5 automation. That's far from "full self driving". Using it as if it had a higher level than the actual technical qualification is willingly endangering people.

Mercedes Benz achieved Level 3, allowing it only on highways for slow traffic.

😶

Blessed are those, who don't have any problems solveable by bitcoin and thus don't need it at all.

They must live a truly privileged and comfortable life - so comfortable, that they can't even see the severe problems others are struggling with.

Don't be sorry for my country - we were the killers, not the victims.

My country has been there before:

failing currency -> mass poverty -> voting for fascist leader accusing scapegoats -> killing millions

That's kinda worst case, but it should be a lesson.

Yes, everyone is forced to become a investment expert or slide into poverty - while needing three jobs to pay rent.

It's insanity. I can totally understand, why people are so angry.

They're just angry about the wrong things - typically scapegoats, presented by populists.