Musk is suspending accounts that promote Mastodon.

https://www.rollingstone.com/culture/culture-news/elon-musk-twitter-mastodon-instagram-facebook-1234649511/

@ThisMinuteMatters @jeffjarvis 4.5 million in sales.

@apo11o I've got emacs-nox and vim-nox loaded for CLI stuff. I have fallen in love with Codium! I am not sure I could ever turn back.

@caseynewton SBF?

This link is banned on Twitter. If you try to post it, the posting will fail: Sigh... https://globe.adsbexchange.com/?icao=a835af

@apo11o

@georgetakei Wow

@rysiek I finished the video. It was an informative perspective. Thanks for sharing.

@rysiek I'm not trying to be mean. I do have strong feelings toward distributed ledger technology and tokenization. It has a place. Once the dust clears, the true value will emerge. At least I am banking on it.

@rysiek I do care that there are scammers. Something like 40,000 people die each year from car accidents. Getting rid of cars would eliminate those deaths. But the cost-benefit analysis says it is okay to let 40,000 people die each year because cars provide a huge value to society. Does it make me apathetic to ride in a car?

@rysiek Try to stay at a hotel using cash... I think you make valid points when you look at the FOMO or as I like to say "Tulip Maniacal" aspects. I made something like $8,000 in six months on a $120 investment in DOGE. I could afford $120 so I was playing around and didn't expect to make eight grand, but I did. But that's all just the early stages of new technology. What is it they say (paraphrased): "The first adopters of new technology are the stupid-rich." The masses will follow.

@rysiek And read the paper I sent you. In the long term, BTC is far more efficient than the global banking system we have now could ever be. It is a natural progression. Are there issues? Yes. Paper money has major issues with counterfeiting, so we improved the technology. Cash poses problems for crime and tax avoidance, so we're trying to move people away from cash and towards using bank cards. I mean, heck, I know many places that simply don't take cash.

@rysiek no. I'm saying these are the things we d we deal with in the regular course of our lives, and we can't let those people ruin it for the rest of us. The long term advantages outweigh the roadblocks to get there. Does that make sense? I'm no prophet, just an observer.

@rysiek Madoff didn't use crypto. You're gonna have scammers in every walk of life. Do we poo poo fiat because of the Madoffs of the world?

@rysiek not a crypto bro. I am a software engineer and founder with 30 years of experience. I see the intrinsic value.

@rysiek lightning males BTC usable

@rysiek I'm a little over sixteen minutes into the video. I want to comment on the power usage issue he is discussing. A recent study showed that conventional banking uses 56 times more energy than Bitcoin. Here is the research: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4125499

@rysiek That's a good read. Ethereum has its coin (ETH) to give financial incentives to node runners. It is a viable model. Couldn't federated social nodes also run on a coin to give incentives to node runners? And don't discount the sheer badassness of EVM. Filecoin now has a VM (FVM). These are some very cool emerging technologies. Every time I hear folks crap on crypto, I have to step back and realize their perception is that of a Tulip Mania driven by unsophisticate media.

@GossiTheDog The scariest part of this situation is that people still use Rackspace.

@rysiek This is why we can't have nice things. W3 is about decentralization. FTX was about greed and control. Put your damn NFT metadata on IPFS!