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Joined 1 year ago
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Cake day: June 12th, 2023

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  • Environmental issues aside, gas is also a pain for installation. Solid pipes are more difficult to route, and leaks are, of course, dangerous. Electricity is dangerous, but it is easier to contain. It doesn’t leak into the air, and because it’s a closed loop, we can measure if it isn’t all returning and shut it off (RCD/GFCI). It also has flexible cables. The downside is that, heat pumps require more maintenance. They’re a vaguely complicated mechanical system, as many fluid systems are.


  • Deaths are sad, if we consider that people can be brainwashed and it isn’t entirely their fault, it’s a tragedy.

    That said, this is… Evolution in action. I don’t just mean darwin awards dumb, but more specifically that technologies (social or physical) are actually a part of Evolution, not aside from it. That also means that dealing with misinformation is actually becoming a part of evolution, literally for survival. Or if not critical thinking, then what group you attach yourself to, aka what network you trust. Which in some ways, is actually not all that different from before modern technologies.






  • Arbition@partizle.comtoNews@partizle.comIs Crypto Dead?
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    1 year ago

    I see two different, perhaps even 3 different questions here. The first is the headline: Is crypto dead. The second and perhaps third are: Will it recover to where it was before and sustain as an industry.

    The short answer to the first is pretty obvious to me: No. Crypto will settle in a niche, which might just be cross border payments beyond effective monitoring.

    For the second: No. The title here in this case is abridged, it conflates the bubble of crypto with cryto itself. It bypasses Bettridges law of headlines by combining two questions in one. Honestly I couldn’t be bothered bypassing the paywall so I didn’t read the whole article. Market activity is correlated to interest, and number of people who haven’t yet been hit by a wave of FOMO, and either went with it or dismissed it. Web3 is failing to catch on, that was the latest gambit, and there hasn’t been any clues that something else is in the pipeline. I partially attribute this to Folding Ideas, who did great breakdowns of both NFTs and The Metaverse. The NFT one was easily his most popular video, and while not so engaging, that someone who very quickly came on the stage as a market force of crypto, releasing yet another video against the entire thing, is big, even if not so watched. So we might actually be looking at the market not just reaching yet more heights.

    However, this is where the third question comes in. It’s linked, but not quite the same as will the markets recover. The retail side of things is going to start consolidating, but there’s still institutional momentum behind the scenes that has some momentum. This will continue to build out, because they’re offering the tools. Even if the market shrinks, there is still a place for them, and they’re betting the market doesn’t completely implode, which doesn’t seem that likely. There’s enough true believers and other people treating it still as a viable investment to still allow it to shrink and sustain as a boring investment vehicle. It might even get a few more blips, but it seems like the FOMO news articles getting out into the wider public won’t do their thing anymore. Boring is what I envision the future of crypto to be.




  • Yeah of course. To me, the news was also that they actually posted it direct to Reddit. I also just posted a thing about power prices, but not as it relates to any politics.

    Actually, I would like to add, as is stated in this post, they are also limiting bonds. I knew about this prior, because working adjacent the real estate industry, it was actually big news. Of course their clients want to get as much bond as they can, and now the vast majority of rentals won’t be able to take as much now.












  • At least power prices are only $2000 a year or so, Rental price and interest rate hikes are going to hit a fair bit harder. But yeah, it’s still contributing to inflation, because everything is going up, and then corpos will use this as justification to raise their prices even further. Wonder how much of this is because of the fuel price spikes mid last year.

    I am on Amber, and yeah we got to directly feel the brunt of it. Other providers absorbed the cost in the short term, to raise their prices in the long term to recoup. The prices on amber are looking a bit more sane these days, but it’s still a roller coaster so I wouldn’t recommend it unless you want to actually keep an eye on power prices as you’re using it. fwiw I’m in SA, which is a little different to the markets in the rest of the NEM. No coal baseload here, coal power is only what comes down the interstate lines.