Cardano Daily Discussion - May 21, 2023

Hello everyone,

Welcome to the Cardano Daily Discussion!

The standard sub rules apply here (see sidebar), with the exception that price discussion is allowed in this thread, though we encourage you to try not to make this the focus and talk about the project itself. Please ask questions, help others and be civil - be sure to get involved in Project Catalyst too!

If you're new, please make sure you're read through the newbies guide and share it with others (use the ?newbies comment command to reference it).

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⚠️ Scam Warning ⚠️

Please read the Cybersecurity guidelines for Cardano Users.

There are ongoing giveaway scams on youtube and many scammers lurking in Cardano's social channels impersonating ambassadors/moderators/official staff contacting users via direct messages.

For example, searching 'cardano' on youtube and sorting by most recent upload date shows several giveaway scams running (all videos in screenshot are scams):

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Ongoing 'giveaway' scams on Youtube

The youtube scams are automated; use stolen footage usually of Charles Hoskinson and are restreamed so to appear to be 'live'; appear to have many watchers (which are bots); use bought hacked channels and are edited to appear like official channels.

See this post for more examples of what they look like

Do not be fooled!

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To be clear:

• ⚠️ There is no such thing as a Cardano giveaway
• ⚠️ Never share your seed phrase with ANYONE
• ⚠️ Never send ADA to someone promising to send you more ADA back
• ⚠️ You will never be contacted by ambassadors/moderators/staff

Please report scams on the Cardano Fraud Detection Bureau.

⚠️ Scam Warning ⚠️

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https://preview.redd.it/60ofludzpq8a1.png?width=284&format=png&auto=webp&v=enabled&s=7d58fc8aaa2eb5f125624608b97bdd7b943a1111

Midnight Subreddit

In anticipation of Input Output's new data protection blockchain 'Midnight', I've managed to acquire r/Midnight through some negotiation and repurpose it for the Cardano Community (the sub was created for a card game back in 2011 but was mostly unused).

I decided to do this as I thought the project will eventually need a home on reddit and best to setup now before any scammers do. Obviously there's not much to post about on there right now as it's early days as the project is yet to be released, but if you'd like to be kept up to date on the project please feel free to join the new subreddit if the project interests you and I'll be sure to post updates as and when they become available.

Right now the sub is mostly a carbon copy of r/cardano, I've copied most of the automod and rules over, so certain aspects may seem a little incongruent atm, but I'll tailor and tweak the sub as we go. Feel free to send me or post any input if you want stuff to change.

Cheers all

The effectiveness-accessibility trade-off of instant, fast and slow collapse

When I think about pressing the red button, it is clear that the ideal scenario is an instant collapse e.g. multiple asteroids hitting Earth at the same time thereby incinerating the planet and wiping out all life instantly and likely painlessly. However, in order to achieve something like this, incredible advances in technology would be needed e.g. the ability to change the routes of asteroids. This may be a project for future generations of efilists.

Then there is what I term "fast" or "slow" collapse, which include catastrophic outcomes such as nuclear war or even consequences of climate change. These outcomes can happen suddenly and dramatically, but collapse can also happen more gradually and may result in a slow decline followed by extinction.

Imagine if collectively efilists decide that they should focus on accelerating climate change. Collectively they all invest in bitcoin, convert their cars to V8s, etc and those who have more influence and power look at ways to mine methane hydrate deposits as a new source of fossil fuels. This would accelerate climate change, and there are two scenarios: fast collapse and slow collapse.

Fast collapse would be caused by a sudden and dramatic increase in global temperatures, such as might be caused by a feedback loop. Feedback loops are processes that amplify the effects of climate change, and they can be triggered by a variety of factors, such as the melting of Arctic sea ice or the release of methane from permafrost.

Slow collapse, on the other hand, would be caused by a gradual increase in global temperatures over time. This would lead to a series of cascading effects, such as more extreme weather events, crop failures, and mass migrations.

It is clear from this analysis that there is a trade-off between effectiveness and accessibility. Instant collapse is the gold standard as it is fast, instant and painless. For efilists, the red button is the gold standard. However, instant collapse is not accessible to anyone or to anybody at the moment. We do not have access to technology that can modify the route of asteroids. As we reduce the speed of collapse, the options available become more accessible e.g. each of us can contribute to accelerating climate change e.g. by investing in bitcoin, driving V8s etc.

There is also another trade-off which is based on suffering. Instant collapse would be close to painless. Fast collapse would be a sudden and violent event, and it would likely lead to widespread death and destruction, which if it results in eventual extinction of all life then the pain is minimised and is followed by a long period of peace and painlessness caused by non-existence. Slow collapse, on the other hand, would be a more gradual process, but it would also be more protracted and painful. A slow collapse may not get rid of much life and result in extreme suffering for the survivors.

We also need to consider that a slow collapse can have inequitable outcomes. For example, gradual pollution e.g. through release of microplastics, PFAS, carbon and methane emissions, etc can cause extreme weather, crop failure, declining sperm counts and infertility etc but the rich and powerful will be able to protect themselves while the poor as well as animals will suffer most. However, something else to consider when thinking about rich, poor and powerless is that the rich become rich mostly through exploitation, and when the poor and powerless are extinct, it is uncertain how rich the rich can still be when there is no one to exploit.

@binance: Our first #BinancePizza takeover event is happening tomorrow in Naples, Italy 🇮🇹We'll be eating pizza, talking crypto and celebrating #Bitcoin Pizza Day.We're looking forward to meeting you there, or at our other events across the world next week! https://t.co/8HMb7fQ8y3

https://twitter.com/binance/status/1659831444254998570