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Fred Frey
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Fred Frey

commented on a video on YouTube.
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"Ugggh, Arrogant is just a word. It doesn't even mean anything."
This is why people call you arrogant, stef.
I like your show, I agree with you on a lot of points, but this is just stupid. People write in with valid complaints, and you just go "Oh, well that's not 'philosophical.'"
You know what the word "arrogant" means, Stef, and you know what part of your argument she was talking about because she specified. Why didn't you address it?
No, nevermind. Just dismiss it as "meaningless" without actually saying anything yourself.
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DuncanL7979's profile photo
 
What he meant is that arrogant is just an adjective, and that is no better than a subjective opinion. An adjective is not an argument that invalidates or disproves any evidence Stefan presents in his points.
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Fred Frey

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Why are you doing this? I don't want to hear about something interesting unless you're going into more depth than "this exists"
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HisRoyalCarlness's profile photo
 
Did you even bother to watch the introductory video to these? Where he explained he'd be doing these for a month in addition to the normal content? It's not meant to be an explanation, it's meant to be a fun little bit of illustration.
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Fred Frey

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Fred Frey

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Holy shit, this took a while. I hope you enjoy. If your mind is blown, just leave it in that bucket in the corner.
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Fred Frey

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Can I ask what you used to do the speech recognition? Did you get it from somewhere, or did you roll your own? I could use it for a few things.
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Nicolas Bouliane's profile photoFred Frey's profile photo
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+Nicolas Bouliane Thanks. I'll give this a try.
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Fred Frey

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Alright, you people seem to have some confusion here. Let me help.

1) "...You can commit crimes with it..."

this is true. You can also do this with regular paper fiat currency issued by the fed.

2) "50 years from now, High school students will be mining bitcoin instead of working at McDonald's"

No. No, they won't. I'm not going to get into precisely how mining works mathematically, but suffice it to say that there is a fixed supply of BTC that can possibly exist. 21million blocks (or 525,000,000 BTC). This is why Bitcoin is a deflationary currency, instead of an inflationary currency like USD. bitcoin can only go up in value, because after all of the bitcoins have been created through mining, you can't create any more. Ever. You might say this is a problem, because eventually 1 BTC will be worth so much that it will be unusable, but bitcoins are divisible down to 8 decimal places (1/100,000,000 BTC). And if it ever comes down to there being only 10 or so bitcoins in the entire world, the protocol can be altered so that it can be divisible down to, say, the 32nd decimal place. Whereas USD is an inflationary currency. The supply of it can increase or decrease, but it seems to be constantly increasing. the federal reserve has direct control over the US mint, and they are practically constantly minting new money, driving down the value of the USD. another nicity of bitcoin is that if a bitcoin is destroyed, the market compensates for this, and you don't have to mint a new one. Also, it's hard to accidentally destroy bitcoins unless you have a rather nasty hard drive crash, or if the service you're hosting your wallet on is really, really unreliable.
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Patrick Chester's profile photoitsnowingrightnow's profile photoLarry Page's profile photoFred Frey's profile photo
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+Larry Page
It has to be one or the other. Either we can mint more money or we can't. It's either a scarce resource or an artificial store of value.
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Fred Frey

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SON AAF ASFDA;SDLFKJ F FUCKING FUCKS CUNT, WHOSE FUCKING FUCKCUNTPIECEOFSHITMOTHERFUCKINGCUNTFACES;ADLKJHGMBRUU;LDKJBNMAXC[V0IO4N;LAJSELFJ;LK there's another error.

Third time's the charm. hehehe

twists noose
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