If that were the case, it wouldn't get into accidents.
So you would only accept a computer driving if it was absolutely perfect. But a human driver getting into accidents after just a few dozen hours of practice is acceptable.
I'm just saying the person who had Autopilot get them into an accident due to faulty programming and lack of testing, they don't deserve to have their premiums go up
So you would be okay with paying higher premiums if it got into an accident despite sound programming and thorough testing ?
The Bitcoin transaction time and cost are already past the point where it is useful as a currency
Which has exactly nothing to do with the mining algorithm, and whether it runs on ASICs/CPUs or GPUs.
With what you are describing, it will get far worse before it even has a chance to get better.
No, what I was describing has nothing to do with transaction time and cost. I was talking about the mining distribution. If ASICs level off, it just means that it will be easier to get them distributed over more diverse operations. It changes nothing about the total mining expenses.
Good drivers expect idiocy from others and don't let them get to a point where half a second matters in vehicle operation
So, if you're going 50 MPH on a highway, and some car is coming from a side street, you're going to slow down to 15 MPH, just in case they don't yield ?
Suppose the real. tangible value of gold is $400 / ounce (approx the cost of a cheap mine), are people stupid for paying $1200 for it ? Are you laughing your ass off ?
Or do you assume the real, tangible price of gold is equal to whatever the current traded value is ?
Many believe it is important for a coin to be GPU mineable so that we can have the decentralization that blockchain theory assumes.
The problem with that idea is that it doesn't account for wide scale botnet mining. The Bitcoin situation will improve, as we get to the state of the art ASIC, and incremental improvements in ASICs will slow down. This should give other people a chance to catch up.
that would be approximately $1.3mil now.. if I could unload them.
That's not a big problem. There's about $2 billion worth of bitcoin traded in a day. Your $1.3 million could be sold over a few hours without causing a crash.
Or it comes down and stabilizes to some reasonable value, which could be higher than current price.
Bitcoin only redistributes money, it doesn't ever create anything of tangible value
Depends on how you define value. Frictionless moving large amounts of money across the world is a unique and useful property. How much tangible value does a bar of gold make ? Sure, there's some industry demand, but we have 50 years of industry demand sitting in vaults. Surely, it would make more sense to leave the rest in the ground until we need it.
We're talking minutes to hours here which in the financial world is a far cry from "instant" and that means substantial exchange rate risk
No, the payment processor keeps a modest amount of bitcoin. As soon as you make a payment, say for 0.01 BTC, they can sell 0.01 of their own stash on the exchange at the exact same time, minimizing the exchange risk. To compensate for residual risk, they charge a commission.
Vegas is rigged, and is pure chance. The bitcoin protocol is open, so you can study it, and you can ponder the implications and growth potential.
Gold has tangible uses aside from serving as an investment vehicle and it isn't generally very volatile relative to the dollar over short time periods. Hard to say the same about bitcoin.
Gold had thousands of years time to settle down. Bitcoin is brand new, and people don't know yet what the proper value is. At some point, the price of Bitcoin will also calm down.
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If that were the case, it wouldn't get into accidents.
So you would only accept a computer driving if it was absolutely perfect. But a human driver getting into accidents after just a few dozen hours of practice is acceptable.
Because many of them were just operators, therefore we should relegate all of them to the dustbin of history, right?
No, we should just refer to them as operators, not programmers.
There have been a lot of male operators too. Shall we apply the same standard for them?
Why not ? Are you a sexist ?
If there's a need for smaller denominations, the protocol can be adjusted.
Women dominated computer programming in its early days
Reading the articles about it, it sounds more like they dominated operating the machines, not designing the actual software (or hardware).
In other words: what matters is the overall statistics. And apparently, the insurance company believes that computers can make an improvement.
The EV industry doesn't need to train nets in-vehicle
They still need to train them in their labs, which will definitely benefit from the same technology.
I'm just saying the person who had Autopilot get them into an accident due to faulty programming and lack of testing, they don't deserve to have their premiums go up
So you would be okay with paying higher premiums if it got into an accident despite sound programming and thorough testing ?
My point was that a GPU based algorithm isn't necessarily better, because of the risk of botnet attacks.
Computers as no-where near as good at recognising hazards as humans.
Computers are already better than a human driver looking at something else.
The value of your bitcoin won't ever change without a system to clearly mark stranded coins
Yes it will. If the guy with the 7500 bitcoins hadn't lost his harddisk, he probably would have sold them at some point, increasing the circulation.
The Bitcoin transaction time and cost are already past the point where it is useful as a currency
Which has exactly nothing to do with the mining algorithm, and whether it runs on ASICs/CPUs or GPUs.
With what you are describing, it will get far worse before it even has a chance to get better.
No, what I was describing has nothing to do with transaction time and cost. I was talking about the mining distribution. If ASICs level off, it just means that it will be easier to get them distributed over more diverse operations. It changes nothing about the total mining expenses.
This is the question nobody has answered.
Of course it has been answered. The whole article is about the answer: the insurance company will pay for it.
Good drivers expect idiocy from others and don't let them get to a point where half a second matters in vehicle operation
So, if you're going 50 MPH on a highway, and some car is coming from a side street, you're going to slow down to 15 MPH, just in case they don't yield ?
If you still know the public wallet address, you can look up the balance on blockchain.com
Suppose the real. tangible value of gold is $400 / ounce (approx the cost of a cheap mine), are people stupid for paying $1200 for it ? Are you laughing your ass off ?
Or do you assume the real, tangible price of gold is equal to whatever the current traded value is ?
It never ceases to fucking amaze me
You have a lot to learn then. I assume you also carry gold coins in a purse, rather than leaving "things" like dollars in a bank account ?
Many believe it is important for a coin to be GPU mineable so that we can have the decentralization that blockchain theory assumes.
The problem with that idea is that it doesn't account for wide scale botnet mining. The Bitcoin situation will improve, as we get to the state of the art ASIC, and incremental improvements in ASICs will slow down. This should give other people a chance to catch up.
If wanted to bet against it, you can open a short position right now.
that would be approximately $1.3mil now.. if I could unload them.
That's not a big problem. There's about $2 billion worth of bitcoin traded in a day. Your $1.3 million could be sold over a few hours without causing a crash.
How come the gold crash wasn't permanent ?
how much spare money there is out there. I don't have an exact figure for that but I know it isn't infinite.
There's trillions. And if need be, more can be printed at the flick of a switch.
After that it comes down. Hard
Or it comes down and stabilizes to some reasonable value, which could be higher than current price.
Bitcoin only redistributes money, it doesn't ever create anything of tangible value
Depends on how you define value. Frictionless moving large amounts of money across the world is a unique and useful property. How much tangible value does a bar of gold make ? Sure, there's some industry demand, but we have 50 years of industry demand sitting in vaults. Surely, it would make more sense to leave the rest in the ground until we need it.
We're talking minutes to hours here which in the financial world is a far cry from "instant" and that means substantial exchange rate risk
No, the payment processor keeps a modest amount of bitcoin. As soon as you make a payment, say for 0.01 BTC, they can sell 0.01 of their own stash on the exchange at the exact same time, minimizing the exchange risk. To compensate for residual risk, they charge a commission.
You might have better odds in Vegas though.
Vegas is rigged, and is pure chance. The bitcoin protocol is open, so you can study it, and you can ponder the implications and growth potential.
Gold has tangible uses aside from serving as an investment vehicle and it isn't generally very volatile relative to the dollar over short time periods. Hard to say the same about bitcoin.
Gold had thousands of years time to settle down. Bitcoin is brand new, and people don't know yet what the proper value is. At some point, the price of Bitcoin will also calm down.
If you want to short, you can go right ahead:
https://support.bitfinex.com/h...