Yes but that’s not relevant to my comment nor the one I was replying to?

Is that really how it works? I feel like the whole ad based economy is a sham anyway, I wouldn’t mind if it collapsed and we funded websites through micropayments or gift economy

Firstly it hasn’t actually happened yet, I guess you fell for the misleading windowscentral headline. Secondly it’s not really kneecapped, but required them to rewrite, which the uBO author decided not to do (as a statement I guess). Other ad blockers however have made new MV3 compatible versions that are comparable to the MV2 ones, so it’s clearly possible. Also don’t forget there are other chromium browsers besides chrome, if you use Brave you don’t even need to install an ad blocker because it’s built in.

Are you… raw dogging the internet without an ad blocker? You poor soul

Oh right I didn’t mean that I mean the PEDs that all top level athletes use

What a hypocrite

In case anyone isn’t aware, all professional athletes at that level dope. Some countries just take it further than others

Regulatory capture

Would honestly be better than the current options

Rich is when you have little to no taxable income, and your wealth is mostly unrealised captial gains that you borrow against to fund your lifestyle, and you use various other strategies to offset whatever salary you do get with expenses or make it otherwise untaxable

The rich don’t have income, they take out loans against assets

All first world governments have some degree of corruption from money in politics, but don’t kid yourselves: USA is much worse than most

Hmm I don’t think that’s necessarily what OP is proposing. There are cryptos where transactions are anonymous.

Banks are already paying for servers to process and store information.

Yes

A few validators or collators (quite cheap for a private network) provided by several banks would cost a fraction of what they pay now

How? They’d be doing extra compute work for no reason (validating already valid transactions), and storing extra data (lots of hashes) for no reason, so it can only make infra costs more expensive. Plus the added complexity meaning you have to hire an extra team just to understand it.

Don’t mix blockchain with the speculative world built on top of it. That’s only an unfortunate use of the technology.

That speculative world as shitty as it is, is the only proven use case of the technology, if you take that away then blockchains are even less useful

All my points? That’s a bit rich

You make a good point that PoS would solve one of the issues I raised which is electricity usage.

In theory it could also increase throughput and reduce costs, but: a) in practice that hasn’t happened yet despite years of development, b) it’s never going to be as efficient as a centralised system because of the extra overheads necessary to decentralise it, so that point still stands

All my other points still stand as well, plus the additional problems PoS creates to do with centralisation of power

Ok so firstly you’re not the OP I was replying to, so neither of us know for certain whether they were talking about replacing the banking system with a decentralised currency vs keeping the existing centralised private banks and just having them use a blockchain as their database. I assumed the former because of their wording (“replace the banking system”), and because the latter offers no advantages that I know of.

Secondly if you think a blockchain would offer some advantages over other more efficient write only databases, I’d be interested to know what those are, because to me if you’re not running a decentralised system then you’re only getting the downsides of blockchain (such as it being single threaded, slow, and space inefficient) without any of the upsides.

For some background, I’m well aware of how both blockchains and crypto work, having been obsessed with them for a little while in 5 or 6 years ago like many of us were before becoming disillusioned. I’ve also got professional experience as a developer on both immutable databases and banking ledgers.

WebP was barely competitive with JPEG

Citation needed

So what, we’re not supposed to use any library that’s ever had a vulnerability? You better go uninstall literally everything on your computer then

Can we get a non Murdoch source on this?

This is not a tax on the rich, it’s a tax on the upper middle class.

It’s just the typical Lemmy hivemind hating anything made by a large tech company, purely because it’s made by a large tech company, even when it’s actually really good