Yeah I was tempted to add a caveat, it does technically auto executive, but because it needs to interact with the real world it will always run into the oracle problem. The only solution to the oracle problem is courts and tort law, which makes the blockchain contract redundant and unnecessarily expensive.
VC investing is effectively predatory pricing, squeezing out original non-tech service providers by providing services below cost, then replacing them with monopoly tech versions. The funding is intimately tied to the industry and they all use the same strategy.
This was actually the original idea of non-fungible tokens, but because you need special legislation to tie an object to this digital receipt (there is nothing legally tying one thing to the other), they just skipped over it completely and said the NFT itself was the commodity, which is why they could only do it for digital art with the a web link. (we could, for example, see this more useful for a title to a car or house)
In fact, many NFTs don’t even contain any language about copyright or licensing, they don’t even attempt to pretend that the NFT holder owns the copyright. The owner of the NFT in these cases only owns the NFT, and not the copyright. Of course, you have to transfer the copyright separately from transferring the NFT, which makes this whole thing redundant for buying/selling on secondary markets, but they could have at least tried to pretend they could.
Apparently, smart contracts are not contracts at all… they are friendly suggestions. Unsurprisingly a contract needs a mechanism to enforce it, which makes decentralized contracts redundant at best (as you still need institutions outside of the blockchain to monitor and enforce the contracts), and or worse, completely useless if there is no legal way to enforce them.
No, ex as in former sexual partners, because you aren’t doing them any more.
Yeah it is exactly what people engaging in fraud rely on. The more money that is on the line, the less likely the heuristic works. Reddit had an obsession with popular heuristics. The whole point of one is to quickly make an assessment when you don’t have either the time or resources. It is not a proof, never has been. The other one people always bring up is Occam’s razor. All razors are heuristics, heuristics are never proof.
Although in this case the claim is that Elon is intentionally tanking twitter, which is also a ridiculous claim.
I just wanted to say, I am by no means technical but your position is exactly what I was thinking, if an open source project can’t survive when it’s competitors start using it, then it’s never going to survive. The whole point is for it to be interoperable, resilient, and antifragile, and there are plenty of open source projects that achieved that. Competitors switching over to open source is a natural progression of any open source project if one assumes it is successful.
I used ublock to block the popup by using the pick function, but I have not run into this 3 flags your out popup yet, so depends on how they disable the video I guess. I’ll try to report back.