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The fact that you can identify BS makes you way ahead of everyone else. These media outlets have their own agenda, so they will spew out whatever bs they can for their own benefit to trick the ordinary people who can't think on their own. It's sad..
Unless you're somone influencial, there is nothing that you can do about to fight those bs effectively. -
Flygger19797yBut false positives in identifying errors is not much better than the errors itself — the first picture says up _from_ about $900, which is pretty accurate.
As for the second picture, the total number of bitcoins possible is almost 21 millions, so it's just the time to mine them that was miscalculated/misjudged as it probably 100 years early, but who's to say what rate computational power increases before those times ;) -
@Flygger that true, i misread “from,” but the second is just dumb. its widely known bitcoin will end in 2140, computational power doesn’t matter.
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Flygger19797y@calmyourtities maybe they messed up that the limit is (somewhat) because of the 32-bit design, and the (non-related) fact that 32-bit timestamps will fail in 2038?
But the specific end date does depend on the computational power of miners, as it's closely related to the number of blocks mined and mining varies by the computationel power available :)
The estimation doesn't vary much though;
"If the mining power had remained constant since the first Bitcoin was mined, the last Bitcoin would have been mined somewhere near October 8th, 2140. Due to the mining power having increased overall over time, as of block 367,500 - assuming mining power remained constant from that block forward - the last Bitcoin will be mined on May 7th, 2140."
https://en.bitcoin.it/wiki/...
Related Rants
i was about to talk about golang - but it can wait.
snapchat's discover section is TERRIBLE. the amount of BULLSHIT, INCORRECT INFORMATION, AND PURE IDIOCY IS MAKING IT TERRIBLE.
now, usually, i rant about mashable when i say it's terrible. AT LEAST WHEN MASHABLE WROTE ABOUT THIS THEY WERE CORRECT. but no, alas, my faith in humanity is put to an all time end. a new evil has arose, by the name of "wired."
of course, and incredibly late to the party, a "tech" outlet wrote about bitcoin. the headline was "is bitcoin killing the planet?" IT HAS BEEN POSSIBLY THE STUPIDEST ARTICLE IVE READ OF ALL TIME. THEY CLEARLY HAVE NO IDEA ABOUT ANY SHIT THEYRE TALKING ABOUT.
let's take a look at the TWO facts they got wrong, and displayed to over a MILLION people.
now, instead of just GOOGLING TWO SIMPLE FACTS, THEY DECIDED TO JUST WRITE RANDOM SHIT.
ENOUGH WAITING - HERE THE THE TWO FACTS THEY GOT WRONG
picture 1: bitcoin up $900 in the last year? THE LAST MOTHER FUCKING, COCK SUCKING
.
.
.
YEAR?!?
WHY DO SUCH DUMBASSES HAVE ACCESS TO SOMETHING MILLIONS VIEW?
IT MAKES NO FUCKING SENSE
picture two: the actual fuck????
did i just read that?
b- bi- bitcoin will "run dry" BY 2032.
i think i finally figured it out.
these facts, they're literally just random number.
<thoughtBubble>
i can see it now:
wired employee 1: hey, guess what number im thinking of?
wired employee 2: 14?
wired employee 1: *screaming* BITCOIN WILL RUN DRY IN 14 YEARS
</thoughtBubble>
how do these people get hired. do they hire only hire 12 year old interns? im genuinely asking. does anyone know?
okay, end of rant. plz continue complaining about dumbasses who have power thru the media in tech
rant
honest to god bullshit
wired
bitcoin
alternative facts
snapchat