Library Socialist

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  • 24 Comments
Joined 6 days ago
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Cake day: January 29th, 2026

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  • Not anymore than PoW, which requires specialized hardware that can’t be repurposed for other uses (and thus requires money to enter). I’m not sure if is still true, but I believe at one point less than 10 companies had over 51% of the BTC network.

    Because ownership tends to be much more evenly distributed than ACIS ownership, it makes it harder to collude - you have to have 51% of all coins that are staked (and smaller owners generally pool to stake as well). In addition, a move to collude would almost instantly destroy the value of the staked coin (though maybe not assets tokenized on it), providing another incentive against it.


  • I actually work with batteries in the EU. Which is exactly what solves the problems you’re putting here. Solar and wind can both work with large and small batteries, both in front and behind the meter.

    Battery tech is already at the point where it can solve the problem. Yes, it will continue to get cheaper and better, and that’s a good thing - but there’s nothing prevent adoption right now.

    we have no real means to tranfer the electricity for long distances

    What do you mean? Electric grids and high voltage transmission have been around for over a century.





  • Oh, absolutely. While there’s quite a few things to worry about with nuclear, going to coal instead (which is what happened in many places) is a far more destructive thing.

    Solar and batteries are here today. They can be installed today. The only thing missing is the political will to make the fake valuations of the fossil fuel companies, which ignore externalities, diminish.






  • I’ve got a “Cadillac” plan in Spain, which for a family of 4 is about 5K a year. No copays or anything. Occasionally I’ll have a prescription which will cost €20, and the farmacist will get angry on my behalf.

    In the US, we were paying $25,000 (pretax) in premiums for a meh plan with copays at every turn.