Less than 20 irreversible transactions per second. Regular financial infrastructure requires maybe a few weeks or months or years for a reasonably irreversible transaction.
Layer 2/Lightning can process far greater number of transactions for a far lower fee with a cryptographic guarantee of submission to the underlying blockchain. There are some kinks of course, as there always are.
> today you learn that wire transfers are not irreversible
Nope. Reversing wires on bank error requires both sides’ consent. (Some wire agreements have you authorise the bank to do this on your behalf.) Less a reversal than sending a counterbalancing wire. Even this is only possible for minutes to a day.
Beyond that, e.g. in cases of fraud, law enforcement must freeze and seize.
>People go along with this kind of BS because they are afraid of being labeled as communist
Do you actually know anyone for whom this is true? Afraid of being labeled communist? If you're not communist that strikes me as a crazy thing to obsess over.
See what I did there? These were legitimate fears during the Red Scare. We're similarly in another moral panic, and a lot of these terrible situations are resurrecting.
I just am who I am and people are free to call me what they please. It's always been that way. Doing any differently is acting out of fear. I just don't see any reason to feel fearful.
Back in the 70's did men go around making sure everyone knew they were straight? Some did I suppose, but it was probably kind of sad or embarrassing.
This is literally the answer. My brother's a data scientist at a large health insurance company and this is a subject we've discussed at length. In short, because of the large Mormon population in Utah, the state has shockingly good statistics on a very wide range of disease incidences, health-related quality of life outcome measures, etc. With respect to health and longevity, it pays not to drink, smoke, or do drugs (surprise, surprise).
Other interesting tidbit – his health insurance company (and I expect all others) took a substantial hit 2019-2020 from the initial phase of the pandemic. Come 2021-2022, large proportions of the unhealthiest segments of the population had passed away; covid + comorbidities puts you at a much greater risk of dying than covid alone. They integrated this fact into their modeling and, given that these people would no longer require care (e.g. dialysis, ER visits), predicted that utilization would go down substantially and, now providing for an overall healthier population, the company would be more profitable that year relative to pre-pandemic years. This turned out to be an accurate prediction.
I mean smoking is a factor, sure...but that doesn't explain why NM, who has a highish average smoking rate, is near the bottom. Same for how AL, who has a high smoking rate, is middle of the pack.
Luckily you posted this anonymously because if your name was ever tied to a comment like this, you'd face the wrath of the woke mob. Your comment is extremely benign as far as "right-wing" comments go, but if you would've posted this on your company Slack, you'd be crucified.
Thank you for posting this. Many of us agree with you.
That’s a claim but it’s not true. If you actually talk to people you’ll find out that the crazy cancel racist left is actually a very small loud group and few real people actually align with them. The rest of the left just doesn’t speak up because they don’t care to get into fights.
To throwawayallday's point though, I do think there's two large trends that tend to lead to this sort of labelling, one in America, and one in the context of the Anglosphere and much of Europe.
In America the Democrats, as the left-er of the two major parties, tend to bend heavily to the will of any adjacent loud minority and eagerly adopt their rhetoric, even if they don't adopt their policies. This gets amplified in both directions by social media, especially Twitter, where advocates press politicians for vocal sup[port, that when given increases the demand and visibility of these requests, ad infinitum.
In the Anglosphere and much of Europe, there is a common pattern of some subset of (usually young) people viewing all issues, even local ones, through an American lens. I have no idea how America established such an overwhelming level of political-cultural imperialism in the last decade or so, but at this point it seems ubiquitous. A discussion on America's policies causes everyone else to examine and start dialogue on their own policies, almost without fail. This leads to any American hot button issues becoming the issue of the week for dozens of countries, and it's all framed through American battle lines.
Yeah. I feel weird that BLM movement is treated as a global problem, like OSS project or GCP API page have static banner for that. I completely agree for BLM and racial crimination is a worldwide problem, but BLM (specifically blacks are killed by police) is a specific problem in the US.
I've only had much experience with US culture in the USA, and living in Japan. I guess the language/cultural barrier between the US and Japan is still substantial enough that US politics don't really make their way into the Japanese zeitgeist, since I never heard anything about US politics from anyone I know living there other than Americans.
>One of those protocols is highly centralized and advertises users and their requested data packets as well as their available data packets to a centralized registry.
This hasn't been true for almost two decades. DHT exists so trackers are not required [0]. So now both protocols are decentralized.
>This is the same mistake as the subject matter with crypto.
This is where you're wrong. You misunderstood these concepts as if they were mutually exclusive. Torrent DHT is absolutely distributed and decentralized [0]. QED.
>It seems the inability to differentiate those two words is a scam worth more than 4 billion.
The scams in crypto are older than modern computers themselves. Ponzi schemes and straight up securities fraud, just wrapped in NewHotThingTM. Has nothing to do with decentralization or distributed systems.
GI Bill suburbia was built by private home builders and contractors, not the government. They were not public works. The government subsidized the loans.
Government loan subsidies, government loan guarantees, additional subsidies in the mortgage interest rate deduction, local government paying for infrastructure (roads/utilities), ...
perhaps I take a broader definition of public works than you do.
Also, say a city or state government wants to build a low-cost/low-income housing (or take historical examples if you will), the type of undesirable stuff the parent was talking about. Who do you think actually does the building work? Is it government employees, or is it sub'ed out to private builders and contractors?
And if it is government workers, can you please explain why say the Army Corps of Engineers would be better or worse at building a bridge than say a private contractor? Which of the two is more incentivized to cut corners and do things on the cheap wherever possible?
Of course the government subcontracts the work out to do the actual construction. By the government has no incentive to build livable housing. Government employees don’t live in the housing. The government doesn’t have a business reputation to uphold. As crazy as it might sound, those who live in a community just might have a better understanding of how it should be developed compare to those on the outside.
>...perhaps I take a broader definition of public works than you do.
You're taking an incorrect definition of "public works". Words have meaning: "Public works are a broad category of infrastructure projects, financed and constructed by the government, for recreational, employment, and health and safety uses in the greater community."
Suburbia was not constructed by the government, and is not for recreational, employment, and health and safety uses in the greater community. It is for the use of a private owner.
Suburbia is by definition not a public works. QED.
>Who do you think actually does the building work? Is it government employees, or is it sub'ed out to private builders and contractors?
Many times it's a mix of both. Cities and states employ thousands of plumbers, electricians, etc. Nonetheless, if you get a house constructed by WestCoastHomeBuildersLLC, but they subcontract a large percent of the actual construction out to subcontractors, you'd still say your house was built by WestCoastHomeBuildersLLC. That's who you'd go to for warranty issues, for construction progress, etc. Same applies for the government and public works.
>And if it is government workers, can you please explain why say the Army Corps of Engineers would be better or worse at building a bridge than say a private contractor?
For the same reasons private industry is better at building practically... everything.
>Which of the two is more incentivized to cut corners and do things on the cheap wherever possible?
Government for sure because they can save money and face zero liability issues down the line. Insanely impossible to be fired so you can be lazy and cut corners all day and you'll still keep your job, and they projects are constantly cutting corners to save on materials. Then after you poison (Camp Lejeun) thousands of people you just shrug because no one goes to jail.
Any facts to back this claim? I'd say the US Democratic party is more left wing than Europe's major parties now.