Google is a publicly traded company with open balance sheets. You don’t have to speculate my man

Texas Instruments is what I’m invested in. Sure there many others but I love their balance sheets

Aren’t those the exact same things people said about moores law though

Thanks. Good write up of the issue. Most auto pilot use is in the easiest scenarios. Makes sense why the numbers look too good to be true

Idk if you can say that when autopilot already is 10x safer than the average human driver

No it’s pretty much how the current system works. It’s the time value of money. Nothing we can change about that. It’s just more efficient to be decentralized an digital than a huge legacy financial system.

You can’t argue that interest; the single biggest invention of financial history, is a bad thing.

But I don’t get interest or the ability to take a loan against the gold in my house.

Not actually true. A crypto based financial system run properly would use less energy than our current centralized financial system.

Not really? In POW it’s: whoever has more computational power gets to collect fees. In POS it’s whoever has a larger stake gets to collect fees.

POS works just how interest works. It’s basically replacing pointless computation (work) for a system of collateralized debt.

You stake your crypto to validate transactions. You get paid to validate transactions. If you’re found falsifying transactions (essentially impossible to hide) your crypto is gone and you lose your entire investment.

But why does that matter? People with stake/work don’t have any additional control of the network. It’s still just as decentralized.

99% could be in one pool and it would be no different in terms of centralization

How is it useless? It literally, when implemented correctly, will have a lower environmental impact than the current financial system that we currently use.