hhmx.de

Molly White

Föderation EN Sa 25.01.2025 21:19:50

What could contribute more to government efficiency than securing lucrative contracts for your crypto donors to implement inefficient technology that is uniquely suited to solving problems you don’t have?

bloomberg.com/news/articles/20

MostlyTato

Föderation EN Sa 25.01.2025 21:29:03

@molly0xfff
How many days is that? I'm surprised it took that long...

Tariq

Föderation EN Sa 25.01.2025 21:29:18

@molly0xfff

Adversaries of the US empire rejoice!

enoch_exe_inc

Föderation EN So 26.01.2025 02:32:47

@rzeta0 @molly0xfff Especially since the only country to have even come close to finding an actual use-case for technology is China and their Blockchain-based Service Network, a tokenless blockchain backend on which interoperable applications accessing the same data can be developed. I have no idea how good of an idea this is because there seems to be nothing like it around here, but if anyone can make it work, it’s probably China.

Jess👾

Föderation EN Di 28.01.2025 00:30:48

Which I still seriously doubt is any better than a simple database.
@enoch_exe_inc @rzeta0 @molly0xfff

enoch_exe_inc

Föderation EN Di 28.01.2025 01:15:28

@JessTheUnstill @enoch_exe_inc @rzeta0 @molly0xfff If they’d wanted a simple database, they’d have done it. But they haven’t. Maybe there is some merit to the technology we have not foreseen because the only use-cases our teeny tiny Western imaginations could conceive of were limited to “questionable JPEG DRM” and “getting rich off of the poor”.

s427

Föderation EN Sa 25.01.2025 21:42:09

@molly0xfff alternative title: Blockchain Still Looking For a Problem to Solve

GhostOnTheHalfShell

Föderation EN So 26.01.2025 05:10:09

@s427 @molly0xfff

Seems pretty efficient at burning energy. Crazy way to do a space heater though.

Kierkegaanks regretfully

Föderation EN Sa 25.01.2025 21:46:19

@molly0xfff unless that problem is total automated surveillance

Justin Fitzsimmons

Föderation EN Sa 25.01.2025 21:51:34

@Kierkegaanks @molly0xfff no, crypto isn't even good at that, because it's way too inefficient

Kierkegaanks regretfully

Föderation EN Sa 25.01.2025 22:02:57

@smn @molly0xfff somehow i managed to misread it as being about the stargate bs

🌲🧿 "Max"t💽d🏵️n 🔎🍄

Föderation EN Sa 25.01.2025 22:01:31

@molly0xfff All these billionaire fucks have that same upside down "grin" that says clearly

"are we really fucking getting away with this shit? Holy fuck...holy shit...ok...be cool"

Fuck them all.

Cecelia

Föderation EN Mo 27.01.2025 22:03:22

@MaxPow3r11 Oh snap. It is an upside down grin. Do we call this “smug”?

Matt Hodgkinson

Föderation EN Sa 25.01.2025 22:16:11

@molly0xfff There was I thinking the silver lining of AI hype was the death of blockchain hype.

Dr. Drang

Föderation EN Sa 25.01.2025 22:17:28

@molly0xfff Using blockchain for Social Security payments means the recipients will be dead before their first payment goes out. Think of the savings!

Matej 🐙

Föderation EN Sa 25.01.2025 23:30:32

@molly0xfff Have to completely agree here…

BillyRockman

Föderation EN So 26.01.2025 00:31:38

@molly0xfff death pool: USD BTC or Trump?

Eric Spittle

Föderation EN So 26.01.2025 01:25:25

@BillyRockman @molly0xfff human lives are finite, human greed is infinite, so Trump first. USD is kind of sort of almost backed by something, BTC is only worth something because people keep pretending it is, and the human imagination is limitless, so USD next. Then, one day soon, the last human alive will be telling the bear that is about to eat him that his Bitcoin wallet is worth 10,000,000 smaller animals. So humanity and bitcoin will tie for last (first?)

BillyRockman

Föderation EN So 26.01.2025 22:42:50

@ericspittle I'm betting heavily on the bear

Brad Weed

Föderation EN So 26.01.2025 00:32:10

@molly0xfff
“Stablecoines are only a small part of the crypto space by market cap. But their fungibility gives them a dominant role in transactions. In this respect they serve a similar role to eurodollars in global trade finance.”
open.substack.com/pub/adamtooz

Kees N ✅

Föderation EN So 26.01.2025 00:33:40

@molly0xfff
Okay, this proves he does not rise above level.

Timothy Jasionowski

Föderation EN So 26.01.2025 00:38:05

@molly0xfff Given the wildly variable and aging accounting and finance systems sprinkled across all these government agencies, good luck connecting them all to a technology they were very much not designed to anticipate.

GhostOnTheHalfShell

Föderation EN So 26.01.2025 00:58:36

@timoj @molly0xfff

I should go and learn COBOL

GhostOnTheHalfShell

Föderation EN So 26.01.2025 00:56:54

@molly0xfff

All this they get to burn down half the planet now how much would you pay?

Luna chan

Föderation EN So 26.01.2025 01:50:28

@molly0xfff Him and Trump are a threat to national security.

RAK

Föderation EN So 26.01.2025 16:09:27

@Luna @molly0xfff: International security as well.

Ian Douglas Scott

Föderation EN So 26.01.2025 01:54:41

@molly0xfff The private sector has yet to achieve greater efficiency by using blockchain. But hey, maybe the government will do it better, sure.

crazyeddie

Föderation EN So 26.01.2025 02:00:45

@molly0xfff I've been a software engineer too long to believe the solutions are in fact suited to solving the made up problems they were made to. I think they just make up that too.

jgeorge

Föderation EN So 26.01.2025 02:39:11

@molly0xfff Department of Grift Efficiency

lupus_blackfur

Föderation EN So 26.01.2025 02:44:03

@molly0xfff

Fucking idiot Elonia falls back on buzzwords cause it all he knows...

Dumbass has no clue/concept.

🤦‍♀️🤷🫏🤡🖕

Antisap'   🖤 🏴 🎶

Föderation EN So 26.01.2025 04:31:17

@molly0xfff

For fuck's sake! SOMEONE put a foot in his arse and call it a day!

Michael Grinder

Föderation EN So 26.01.2025 04:36:48

@molly0xfff To update the classic Jamie Zawinski quote: Some people, when confronted with a problem, think “I know, I'll use the blockchain.” Now they have two problems.

Iridium Zeppelin

Föderation EN So 26.01.2025 07:05:52

@mgrinder @molly0xfff They have three problems, they have whatever lead them to lead them to make that bad decision to fix too

JPeck

Föderation EN So 26.01.2025 06:38:58

@molly0xfff this is sad, he's a couple years too late to the "everything blockchain" fad 😂

kiwiben

Föderation EN So 26.01.2025 06:59:16

@molly0xfff using a public block chain to track government spending versus what ?

Timo Grün

Föderation EN So 26.01.2025 11:38:03

Mark Zuckerberg, Jeff Bezos, Sundar Pichai, Elon Musk at the Trump inauguration. Over their heads the names IG Farben, Krupp, Flick, Mittelwerk.

(Medien: 1)

Zanzi @ Monoidal Cafe

Föderation EN So 26.01.2025 12:59:30

@molly0xfff it's extra ironic since we know from musks leaked dms that he hates crypto

Chris Adams

Föderation EN So 26.01.2025 14:43:03

@molly0xfff I am choosing to take the perspective that I definitely want the fascists to try running their operations on a blockchain rather than something which actually works.

Live, Laugh, Punch Nazis

Föderation EN So 26.01.2025 15:16:32

@acdha @molly0xfff Remember how people—most notably, SNL—mocked Al Gore for saying “lockbox”? That, but for “blockchain.”

Claudio Dekker

Föderation EN So 26.01.2025 14:50:25

@molly0xfff largest ever government-backed rugpull in 3... 2... 1...

CyberFrog

Föderation · So 26.01.2025 14:52:14

@claudio@famichiki.jp @molly0xfff@hachyderm.io pretty sure trump already did that, days before innurguration he literally launched trump and melania coins, where he controlled 80% of the supply and basically made a few billion instantly lol

Bresumer

Föderation EN So 26.01.2025 18:22:56

@molly0xfff pen and paper, maybe a git instance. Probably hiring professional accountants with a background in large scale database management

Ben Ramsey

Föderation EN So 26.01.2025 18:35:34

@molly0xfff @pchestek For years, the crypto bros have dreamed of the government implementing on-chain smart contracts. It sounds like they’ve finally found their way in.

Mike Hartwell

Föderation EN So 26.01.2025 22:49:32

@molly0xfff Plus elon is doing a lot of FUD marketing for voting machines. He got Texas to bail on Dominion. I wonder what he is up to.

Plakat

Föderation EN Mo 27.01.2025 09:15:05

@molly0xfff you won’t run out of topics to cover anytime soon — which is a good thing in only the one aspect that I like your writing. The people you cover… not so much ;-)

Stephen K 🔑☢️⚛️🇺🇦 :donor:

Föderation EN Di 28.01.2025 00:26:28

@molly0xfff LMAO this has to be the ketamine, everyone has largely dismissed blockchain as a niche use tool that has negligible value.

Mother Bones

Föderation EN Di 28.01.2025 00:32:10

@molly0xfff I am now just as sick of his repellent putrid facial expressions as Trump's.