From nobody Fri Nov 4 15:00:57 2022 X-Original-To: freebsd-hackers@mlmmj.nyi.freebsd.org Received: from mx1.freebsd.org (mx1.freebsd.org [IPv6:2610:1c1:1:606c::19:1]) by mlmmj.nyi.freebsd.org (Postfix) with ESMTP id 4N3kN31fMJz4h02d for ; Fri, 4 Nov 2022 15:01:07 +0000 (UTC) (envelope-from karl@denninger.net) Received: from colo1.denninger.net (colo1.denninger.net [104.236.120.189]) (using TLSv1.3 with cipher TLS_AES_256_GCM_SHA384 (256/256 bits) key-exchange X25519 server-signature RSA-PSS (4096 bits) server-digest SHA256) (Client did not present a certificate) by mx1.freebsd.org (Postfix) with ESMTPS id 4N3kN22VXNz4594 for ; Fri, 4 Nov 2022 15:01:06 +0000 (UTC) (envelope-from karl@denninger.net) Received: from denninger.net (097-081-026-048.res.spectrum.com [97.81.26.48]) by colo1.denninger.net (Postfix) with ESMTP id A3F9F2110A8 for ; Fri, 4 Nov 2022 11:01:00 -0400 (EDT) Received: from [192.168.10.25] (D15.Denninger.Net [192.168.10.25]) (using TLSv1.3 with cipher TLS_AES_128_GCM_SHA256 (128/128 bits) key-exchange X25519 server-signature RSA-PSS (2048 bits) server-digest SHA256) (No client certificate requested) by denninger.net (Postfix) with ESMTPSA id 49DAA2FBD2F for ; Fri, 4 Nov 2022 11:01:00 -0400 (EDT) Message-ID: <82a624a0-b56a-200e-c879-06535c0741ff@denninger.net> Date: Fri, 4 Nov 2022 11:00:57 -0400 List-Id: Technical discussions relating to FreeBSD List-Archive: https://lists.freebsd.org/archives/freebsd-hackers List-Help: List-Post: List-Subscribe: List-Unsubscribe: Sender: owner-freebsd-hackers@freebsd.org MIME-Version: 1.0 User-Agent: Mozilla/5.0 (Windows NT 10.0; Win64; x64; rv:102.0) Gecko/20100101 Thunderbird/102.4.1 Subject: Re: Crypto Donations (was: Re: What is the status of the FreeBSD development process now?) Content-Language: en-US To: freebsd-hackers@freebsd.org References: <93b6c160-966d-d17d-fafa-2fe554b651c2@puchar.net> From: Karl Denninger In-Reply-To: <93b6c160-966d-d17d-fafa-2fe554b651c2@puchar.net> Content-Type: multipart/signed; protocol="application/pkcs7-signature"; micalg=sha-512; boundary="------------ms070802060801010806040603" X-Rspamd-Queue-Id: 4N3kN22VXNz4594 X-Spamd-Bar: ----- Authentication-Results: mx1.freebsd.org; dkim=none; dmarc=pass (policy=none) header.from=denninger.net; spf=pass (mx1.freebsd.org: domain of karl@denninger.net designates 104.236.120.189 as permitted sender) smtp.mailfrom=karl@denninger.net X-Spamd-Result: default: False [-5.90 / 15.00]; SIGNED_SMIME(-2.00)[]; NEURAL_HAM_SHORT(-1.00)[-1.000]; NEURAL_HAM_LONG(-1.00)[-1.000]; NEURAL_HAM_MEDIUM(-1.00)[-0.999]; DMARC_POLICY_ALLOW(-0.50)[denninger.net,none]; MIME_GOOD(-0.20)[multipart/signed,multipart/alternative,text/plain]; R_SPF_ALLOW(-0.20)[+mx]; RCVD_VIA_SMTP_AUTH(0.00)[]; MLMMJ_DEST(0.00)[freebsd-hackers@freebsd.org]; R_DKIM_NA(0.00)[]; FROM_EQ_ENVFROM(0.00)[]; ASN(0.00)[asn:14061, ipnet:104.236.64.0/18, country:US]; MIME_TRACE(0.00)[0:+,1:+,2:+,3:~,4:~]; TO_DN_NONE(0.00)[]; RCVD_COUNT_THREE(0.00)[3]; RCPT_COUNT_ONE(0.00)[1]; FROM_HAS_DN(0.00)[]; FREEFALL_USER(0.00)[karl]; ARC_NA(0.00)[]; RCVD_TLS_LAST(0.00)[]; TO_MATCH_ENVRCPT_ALL(0.00)[]; HAS_ATTACHMENT(0.00)[]; MID_RHS_MATCH_FROM(0.00)[]; PREVIOUSLY_DELIVERED(0.00)[freebsd-hackers@freebsd.org]; SUBJECT_HAS_QUESTION(0.00)[] X-ThisMailContainsUnwantedMimeParts: N This is a cryptographically signed message in MIME format. --------------ms070802060801010806040603 Content-Type: multipart/alternative; boundary="------------x9AX6HR6aFhncFAVBz2eWuje" --------------x9AX6HR6aFhncFAVBz2eWuje Content-Type: text/plain; charset=UTF-8; format=flowed Content-Transfer-Encoding: 8bit On 11/4/2022 10:56, Wojciech Puchar wrote: >>> [...] >>> Unfortunately FreeBSD still does not >>> accept any donations via cryptocurrency. >>> Nor has FreeBSD community yet participated in any >>> crypto crowd funded code dev/bug/doc etc bounties. >>> The world is moving there, others are already making >>> good use of them, best get on that, have fun :) >> Honestly, this seems to me simply to be good policy on the part of >> the foundation (not accepting donations via crypto).  There's no >> apparent benefit as far as I can see, and the extreme volatility of >> all existing cryptocurrencies by itself strikes me as an excellent >> reason to continue the current policy.                    -- George >> >> > Why? Accept and instantly change to something else. > > Let's clear things up. > > Crypto currencies are really worth nothing. Just people do believe > they are worth something. It represent no real value. > > Classic currencies are really worth nothing. Just people do believe > they are worth something. It represent value equal heat of combustion > - if you have papers. Or zero if just in bank. > > The only difference is that classic currencies are enforced by law. > Crypto are not. > > So you shouldn't differentiate, just then convert to currency or some > other good you need. To avoid risks - do it at the day when crypto > currency is transferred. > IMHO this is at its foundation a political statement; one who has crypto something and wishes to donate to FreeBSD can trivially exchange it for "classic currency" and donate the classic currency.   Indeed you so-state in your first line in that there is no reason the person who wishes to make the donation cannot simply remove the entire point of debate by "instantly changing it to something else", in this case dollars. One thing I do like about FreeBSD is that it has mostly stayed out of said political debates, which is IMHO a good thing. -- Karl Denninger karl@denninger.net /The Market Ticker/ /[S/MIME encrypted email preferred]/ --------------x9AX6HR6aFhncFAVBz2eWuje Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: 8bit
On 11/4/2022 10:56, Wojciech Puchar wrote:
[...]
Unfortunately FreeBSD still does not
accept any donations via cryptocurrency.
Nor has FreeBSD community yet participated in any
crypto crowd funded code dev/bug/doc etc bounties.
The world is moving there, others are already making
good use of them, best get on that, have fun :)
Honestly, this seems to me simply to be good policy on the part of
the foundation (not accepting donations via crypto).  There's no
apparent benefit as far as I can see, and the extreme volatility of
all existing cryptocurrencies by itself strikes me as an excellent
reason to continue the current policy.                    -- George


Why? Accept and instantly change to something else.

Let's clear things up.

Crypto currencies are really worth nothing. Just people do believe they are worth something. It represent no real value.

Classic currencies are really worth nothing. Just people do believe they are worth something. It represent value equal heat of combustion - if you have papers. Or zero if just in bank.

The only difference is that classic currencies are enforced by law. Crypto are not.

So you shouldn't differentiate, just then convert to currency or some other good you need. To avoid risks - do it at the day when crypto currency is transferred.

IMHO this is at its foundation a political statement; one who has crypto something and wishes to donate to FreeBSD can trivially exchange it for "classic currency" and donate the classic currency.   Indeed you so-state in your first line in that there is no reason the person who wishes to make the donation cannot simply remove the entire point of debate by "instantly changing it to something else", in this case dollars.

One thing I do like about FreeBSD is that it has mostly stayed out of said political debates, which is IMHO a good thing.

--
Karl Denninger
karl@denninger.net
The Market Ticker
[S/MIME encrypted email preferred]
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