Miscellaneous News
- Thread starter bd popeye
- Start date
Damn Japan has became a nation of pussies
bajingan
Senior Member
Thats what happens if you are under military occupation for more than half a century
Who would fight for a bleak future outlook. Europe just had it's lost decade, and it seems the 20s will also be a lost decade. The future outlook in western Europe is "Tomorrow, will be like today, but maybe a bit shittier". Who would fight for such a future.
Yeah, the future is starting to become quite bleak but do swear that a lot of that happens to do with the fact that a certain human rights defending nation is too busy bashing anyone not named China or Russia up for merely not wanting to bend over to kiss their feet and is still planning to make everyone feel miserable because they cannot take the fact that they didn’t do anything to help the world in its darkest hour (coronavirus) and is still pushing everyone around as though they have the God given right to do so.
One way things can get less bleak is for the USA to stop messing around in the world and given that they is no chance of that happening, pray the next disaster that hits the USA actually hits there leadership for once
China should be very carefully with bitcoin.... all may not be what it seems
Too many Bitcoin whales and institutional investors have come on board. Many people would get burned badly in the near future.
The space race, for better or worse, brought about many spin-off technologies. For example memory foam mattress now a stample of the home was first developed by Nasa for astronaughts in high G environments... Likewise, DARPA/ARPANET gave birth to the Internet we know today, and even things like the TOR were initially developed by the Navy/DoD and then opened up to the public as dual-use (it allows people to remain anonymous online but the real purpose is to increase enough traffic so as to make network analysis harder and gives more cover to the intel/HUMINT use of it) and many other things...
To this date, no one officially knows who created bitcoin, who started it all... No one has credibly come forward to claim to be the original designer and creator/coder of bitcoin. Although the code is open source, its origination is unclear, at least publicly its still the big unknown. Many believe that bitcoin was the work of a government or intelligence agency. But for now that is speculation...
But we can observe the big picture effects and impact of bitcoin without even ascertaining the attribution of its origins...
Bitcoin has driven GPU prices much higher and created an immense demand for GPUs, which has directly benefitted Nvidia more than any other graphics card company. Of note, Nvidia doesn't even consider itself a graphics card company anymore, and has since rebranding itself as an AI company, with AI being at the forefront of everything it does.
(It just so happens, ironically, that the same cores used in graphics of GPU are suitable for both AI development/training/inferrence and suitable for mining of many coins and blockchain based virtual currency etc... so this is really like killing three birds with one stone lol )
One could say the rise of Bitcoin has been largely responsible for subsidizing the accelerated development of GPU technology, and thus indirectly helping not only companies like Nvidia but also the general AI landscape as a whole...
Nvidia is in the works of buying ARM, and as we see, with Intel throwing in the towel and both Apple and Microsoft and even Huawei coming out with ARM based chipsets, desktop motherboards and OS/firmware/software that works with ARM, the writing on the wall is that in the future of computing and esp for server environments, its all going to ARM and sunset the traditional x86 arch
With the US forcing TSMC to build up to 6 fabrications factories in Arizona, and Nvidia buying up ARM, Microsoft buying github, IBM buying redhat, and all the other repositionings taking place or planned, its clear who has benefitted the most from the rise of Bitcoin and the Bitcoin boost... but as you know there is no such thing as a free lunch, someone somewhere on the other end is paying for it...
Bitcoin in and of itself is neither a storage of value nor does expending real energy to digital "mine" the "new money" create any actual real wealth in the world. Its easier to see this if you view it from a physics, 2nd law of thermodynamics/entropy standpoint. Spending real energy to mine virtual bitcoin does not create any real wealth in the system! What it actually does is that fake bitcoin is traded/swapped with other fait currency but ultimately its no different than shuffling chairs on the deck of the sinking Titanic... it injects more total "money/currency/symbolic representations" into the system at the expense of diluting the purchasing power of all other forms of money/currency/symbolic represenations that already exists, but in and of itself it never creates anything tangible of value and doesn't add anything 'real' into the system in the sense that unlike mining for uranium, coal or gold or silver or drilling for oil or natural as, etc mining bitcoin expends real energy but produces absolutely nothing in return! It just leverages the tulip mania hype of the "network effects" of bitcoin's original first-mover advantage (there can theoritically be infinite different alt coins each using blockchain and thus the supply of coins is countable infinite) to swap one fiat currency for another yet the total energy and resources on earth remains the same, well minus the energy spent to mine the coins that you will never get back.... and mining difficulty increases exponentially with time, with means the suckers mining bitcoin in the future will be propping up those already set up and positioned to most benefit from the boom... (see Nvidia above) lets make sure China is aware of these dynamics at play and instead focus on its digital e-Yuan instead....