Let's entertain the question with our best answer:
If Facebook works because we spend the most valuable asset we have to offer which is our finite human life, then what does that have to do with bitcoin? We spend our life and we spend our money, so if one platform is based on ad revenue from our attention and the other platform is based on revenue from our trading of goods, then there may be a parallel where everything has a value even if it is not as tangible as heavy, cold, dirty gold.
Whether a "social" network or a "store of value" network, both of these examples exist because we are obsessed with being connected to one another. One could say that a big difference is that Bitcoin nodes don't usually share baby pics and Facebook posts don't usually parody wire transfers, but really both could easily do both.
At their guts, Facebook and Bitcoin are based on normal computers that have the knowledge and power to create streams of data from me to you. So, do we need a third party or can we handle it ourselves?
Disclaimer: I have some of my ETH in cryptokitties https://www.cryptokitties.co/ which is a crypto platform for trading kitten pics on the Ethereum network with an exact fiat currency equivalent. I can wire transfer you my kitten within minutes, value and all, but I won't. She's too cute.
There's a crap ton of tech in the military world, and the US is generally the most advanced at a lot of it. Both public knowledge (F-22/F-35, THAAD, aircraft carriers) and all the other sorts of crap - satellites/surveillance tech, software (stuxnet), whatever. The arms race never stopped, it's just not about making singularly bigger bombs anymore, because they're plenty big to destroy the whole planet many times over.
The US isn't spending 800 billion a year on nothing.
I don't really understand his sentiment. It's not like he's stealing a billion dollars from charity. The people who lost out will get their money. They were speculators at the end of the day, and I don't really have much sympathy for them with regard to their loses of 10x gains.
I guess he might still be facing jail time or threats from the the community, so he has to put on some type of sympathetic face.
There are plenty of cities where raising a family is doable. Albany, Pittsburgh, Indianapolis, St. Louis, even Chicago. Of course you're talking about NYC, San Fran, and LA and therein lies the problem.
Even in Atlanta, we're seeing pretty insane rent increases. It's hard to find anything under 1000. I pay just a tiny bit less than that just to rent a room in someone's house.
Chicago is quite expensive unless you live very far out or are willing to compromise on less desirable areas to live. I'm not sure the employment opportunities in these other cities are anywhere near the levels of the coasts though. Perhaps things have changed a bit recently, but my understanding is that most Midwestern areas suffer from brain drain issues.
>"Sarah, a 14-year-old in New York, describes it this way: “I’ll go on Insta and it’s just people all talking about the same things. I’m like, I already heard that or I already saw that. It’s like, when you’ve seen everything there is to see in your Insta feed or on the internet. We see the same lip gloss, the same eyebrow style, the same meme like 14 times. It all gets old and then you get bored.”"
Incredibly sad that this is what the internet has been reduced to. It's not the internet that's boring; it's your vapid social circle!
Maybe the medium is partly at fault. How can you sustain any sensible discussion in the noisy mess of Insta etc? You can try but it reduces to catchphrases and catty remarks so easily. Even here on HN its a constant fight to keep folks on topic and contributing usefully. How much harder in the wild, wild internet!
YouTube is full of fascinating stuff for all hobbies. But it's hard to find because there's no quality filter, only popularity filters that promote clickbait.
There's plenty of great content on YouTube. If you spend a day or two watching quality videos, YouTube will then start recommending other quality videos with a similar worldview. How do you find that first day or two worth of quality YouTube channels?
Yes, exactly. Also, the other problem is that the sites rolled into these teens' definition of "the internet" is probably no greater than about 10-12 websites, most (if not all) being social media - Facebook, Instragram, Twitter, Snapchat, Tumblr, Pinterest, Youtube, and Reddit. Those 8 sites right there probably account for 97% of their entire "internet". It basically boils down to, "you're doing it wrong!"
