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Kristopher Driver
The Wall Street Journal
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Comments by "Kristopher Driver" (@paxdriver) on "The Wall Street Journal" channel.
"very insecure" is an understatement lol VPNs would be rendered useless, pools would eventually create centralization (in other words, not défi), and paying traffic in cryptocoins would make erasing history impossible. With ipv6 that means your specific and device used is directly tied to the transaction, including location and payment receipt. Anyone you pay in that crypto will be able to trace it back to your traffic... Which is public. That's just stupid by any measure.
61
Lol gotta find a reporter who speaks at a similar pace as the guest, it's like trying to hear all the lyrics in a rap song on the first listen
37
Any economist should be able to tell you rents will simply skyrocket and property owners (ie the already wealthy) will devour the assistance immediately. The people receiving assistance would be made more vulnerable.
27
I never considered vacant land as part of the housing issue before. Good job WSJ, not much media these days offers anything the think about at all. This was a good spot by your crew, bravo.
18
"it could" lead to inflation? Stock markets and luxury home values? Why are we pretending there's no inflation when we're giving people money to pay landlords? Landlords who are publicly traded companies beholden to shareholders...
13
It has nothing to do with businesses and store owners and everything to do with shareholders who have never stocked shelves or bought their own groceries or cooked their own meals a day in their lives lol. Shareholders shave pennies at the expense of customers, not community residents for the most part. Consumers have enabled it by putting local businesses out of business in favour of Amazon just to save an unnoticeable 32 cents on name brand shampoo
7
This doesn't explain any implementation detail whatsoever. Why even bother reporting on it without offering any useful or applicable information? So sites are hosted on ledgers, so to use the Internet we need to connect to a nearby ledger with addresses to packets spread out across the other nodes, then decrypt those chunks to verify their hashes, then compare conflicts from updated content not matching hashes from the local node, then hope nobody hijack my site by hosting a bunch of fraud packets under my domain name since we've scrapped registered DNS.. Or we keep DNS/proxy servers we have and there's no actual ledger implementation it's just a façade? Nothing about web 3 makes sense unless you're an advertising platform or datacenter willing to exploit network traffic (ie people). Just a thought, but maybe this is an idea conjured up by companies who are being legislated against abusing their power? Maybe it's a response to gdpr and not at all in the public's best interest? Just a thought.
7
@xrpmaxi8839 "there are answers" is not an answer to any question ever asked lol thanks anyway for the input. Without implementation details or even a scheduled rollout I can definitely say for certain some answers do not yet exist, or they'd be public and open to scrutiny.
7
Up next: "the economics of dollar store sandals" lol
6
That miniskirt at 5:20 is gonna get the YouTube censors flipping out lol careful WSJ 😜
5
@GeneralBlackNorway to prove you wrong, simply go to pirate Bay on a VPN with ipv6 disabled. The ads will still pop up with your region based on your Mac address. While I appreciate you explaining diffie helmsn key exchanges and PGP to me, I'm aware of how it works, that's how I came up with my comment - by witnessing it. To decentralize the web with cryptographic keys there would either need to be a place that vérifiés the authenticity of the connection (like a YouTube authentification server for logging in to write this comment) or a DNS server or TLS certificate organization (also centralized), or a government issuing ranges of keys based on isp or nearest backbone or satellite or whatever you're connected to. It has to be centralized somewhere, otherwise you're just going to pollute the web with tons and tons of keys and that will grow exponentially faster than legit content on the web. That's not feasible or sustainable long term.
4
The reason it doesn't work is is because a huge percentage of a tiny income is still a tiny raise lol in an economy where we're all more productive every year, there ought to be room to absorb wage increases across the board of double inflation at least, were it not for the exorbitant returns and generous tax breaks we give to shareholders or bonuses to management for just "being there" while work was being done.
4
Any disclosure or conflicts of interest in this piece?
4
@beepboopgpt1439 a wallet in cold storage for each transaction? That feels insane to me lol
4
9 diapers a day? I got 4 cloth changes a day and they were washed in the kitchen sink by hand lol
3
Ya man, and distribute the cost/benefits evenly. There's only 1 planet, we should share its orbits because that's what prevents waste, war and promotes cohesive synergy which are optimally beneficial to everyone. I don't get why it's so complicated for leaders to realize they need to cooperate. It's not the 1900's. We're past tribalism and colonialism because we're educated and we know better.
3
Because #NetNeutrality hasn't been won yet. Once we accept that internet access is a utility it will be required to be made available to all households. Lobbying and corrupt Ajit Pai are the problem. Isp don't want to spend the money they have just because they want to keep it not because they can't afford to be decent social contributors the way Bell labs and RCA used to. But we let them fail to save Goldman Sachs so Mnuchin could double his wealth on a financial crisis he created then get promoted to treasury secretary.... Corruption.
3
@siphesihle2660 it would make scams change, and make them easier to abuse amidst confusion, possibly more robust to deliberately misdirect authorities too, so in my estimation it would encourage scams on net.
2
The reason is you're using percentages of vastly different scales of income. They shouldn't scale as a linear percentage in a healthy pay gap, income disparity is caused by focusing on linear relationships (%) between compounding pay increases. Ie large pay increases may be 1% on a million dollar salary and thus harder for a company to absorb than a $1 increase for 100 employees at $10 per hour, for eg. It doesn't make sense to compare percentages with a 3x differential between both workers.
2
The problem with accepting Chinese companies as third party certifiées is the same as the claims made banning Huawei... The government has the right to walk in the door and tell any business what to do. "approve these masks, the west infection rates are making us look bad" for example, is a thing Xi has done before, and is likely to repeat. Why are we so near sighted? As if one sector under the CCP is somehow isolated from the general rules of another sector. It's so dumb how we pick and choose what to be afraid of. It's like being afraid of monsters but only monsters with fur even though all monsters are made up and thus the fur is also subject to invention lol
2
Lol why would you compare PCP ratio in France instead of Canada?? We're next door and at opposite ends of the chart you showed, that made no sense to me
2
Why not use the waste heat to power a pyroelectric generator as well? Make the generator cool the air? It'd trickle a bit more charge/min, or run the server fans or CO2 scrubbers or whatever.
2
@nxtiak I have a bit of astigmatism, I can't see anything but purse in that region lol I see a tattoo though 😜
2
So all we need to do is shift expectations from 1 day to 3 days and we could spare tens of thousands of human beings their dignity? That's all it would take to be humane to one another and we can't give up or forego impatience? That's truly sad AF...
2
Soooo... Immigration?
2
This isn't cost effective lol lasers can easily be thwarted by refraction or reflection or tinsel or crumpled tinfoil lol One drone gets lasered down. Next drone finds the $10mln laser and drops oil on the lens. Then drones resume as usual.
1
Comfort = no laces or socks, not walking or wearing, strictly speaking lol
1
Weird, I read "thief" in the headline and thought seriously this video was about "Peter Thiel"... Maybe I'm too tired lol
1
WSJ piece will only help the channel's exposure... does nobody look in the mirror? You're helping spread it! Lol story->video views->algorithm bump->more subscribers
1
... So don't pay the mortgage then? This isn't even an issue, if someone owns 14 houses they are not in the same boat as their tenants who don't have homes at all, or food, and their business incomes are reduced too.
1
Barred from being on a board for 3 years? After fraud when families are being torn apart from poverty how is this reasonable at all? He's going to suddenly make money by adding value to companies 3 years from now when he can barely spell his children's names? This is absurdly light imho
1
I love how people don't realize the fed can go bankrupt and they control all currency, mortgages, bonds and recently even corporate debt and ETFs. Given an infinite amount of time whatever's possible to occur will eventually occur.
1
The simplest way to redistribute wealth is to guarantee profit shares to employees. Simple. Close loop holes and tax havens, pay people for their quality of work and production based on how much wealth their labor creates. It's really no more complicated than that.
1
This whole video is a pun for the climate change inaction lol "the great resignation" - doing nothing because solving the problem is "too hard" lol
1
It took 20 minutes for me to turn off all notifications... It was brutal flicking 50 switches and reading each description
1
Ya, there's plenty more room around a higher radius than a lower one too. Cuz, you know... "2Pi*r"
1
Xi sells vaccine shells to buy the sea floor.
1
It's called a "carry trade" trying to profit from the valuation of the currency exchange as well as the asset being purchased.
1
@jalapeno1119 clearly I'm old then lol I think I've just hit midlife
1
@patrickstar686 except laws are written by people we elect, we don't get to elect the fed members and the Fed's shareholders are private too. The laws surrounding corporate mandates are more to blame, being beholden to shareholders conflicts with all "guiding principles of moral / social responsibility" they teach all these MBAs these days. You can't trade profit for sympathy if it's not in the company's financial interests. That's the problem. They're not allowed to not look out for shareholders, nothing we can do about the fed but we can elect lawmakers to properly steer commercialism.
1
An interview with Mr Alberque and Ms. German on geopolitical tensions with Russia. That makes me giggle just a bit, not gonna lie
1