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Cake day: July 24th, 2023

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  • Exactly, permissive licenses such as MIT allow for other people to do a rugpull and change the deal (pray I don’t alter it any further). With open source licenses the community can just fork.

    That’s why I always pick AGPL for my projects. Then I can be certain that the code can be freed from greedy hands, and the actual users get all the value of the effort I put in.

    VC funding really is making a deal with the devil, because you suddenly have a huge amount of cash, so the startup starts living large (hire more devs, run on expensive cloud infrastructure). But sooner or later they want their money back, plus interest; and few services are profitable, let alone that profitable. So the only thing that startups are usually capable of is to squeeze their users for all they’re worth.

    Take a look at all the big startups and see:

    • how long it took for them to be profitable
    • how much VC funding they got until then

    Companies need to pay that back and then some.

    And don’t forget that VC’s see this as a perpetual investment, so your revenue must grow year after year, even if you’ve saturated the market.







  • They’re making a new browser engine from scratch in an open way, absolutely amazing!

    I do have several questions:

    Why would they use BSD instead of GPL? If you care about open-source so much, why would you make it possible for a company to run away with your fancy new engine?

    Why are they creating a new browser, when even firefox has to struggle to keep some semblance of market share? I get that not every project needs to aim to be “the biggest”, and that even a smaller project (in terms of users), can be fun. It’s just that writing a browser engine that can handle the modern web seems like an almost Sisyphean task; which makes me wonder what their motivation(?) is.

    Why the FLOSS are they using closed-source proprietary discord as their main communication channel?




  • Exactly, if we do a back of the napkin calculation:

    Bitcoin

    Users

    There are 200 million bitcoin wallets, let’s be generous and say those are all owned by unique individuals.

    Total energy consumption

    Bitcoin used about 114 TWh in 2021[1]

    Bitcoin currently uses about 150 TWh annually

    Energy consumption per user

    150 TWh / year 
    ————————— = 0,75 TWh / user / year
    200 million users
    

    Banking system

    Users

    There are over 8 billion people on the planet today, let’s assume 4 billion of them have access to the global banking system.

    Total energy consumption

    The global banking system used an estimated 264 TWh in 2021[1]

    If we assume the same consumption increase rate for banking, that’s about 348 TWh/year currently.

    Energy consumption per user

    348 TWh / year 
    ————————— = 0,087 TWh / user / year
    4.000 million users
    

    With these numbers, bitcoin uses almost 10x the energy per user annually.

    There are of course a myriad of things one can argue over whether it makes a fair comparison, none of which I feel like arguing, since this is just a really simple estimate with a lot of assumptions.

    1: I used the numbers in this article uncritically, if you have better numbers you can run your own calculations.