The Fed has been buying treasuries and doing repo market purchases recently, expanding their balance sheet and dumping billions into the financial economy. Those funds have to move somewhere.
When did I say it isn't? The idea is that some blocks can be accepted in lieu of the original if signed by certain entities that have been voted in by the community. In this way you can change previous blocks in the chain.
> Providing a way to instantaneously edit past transactions in a blockchain with the proper credentials sacrifices the only useful property that distinguishes blockchains from traditional databases (decentralized verification of/consensus about state).
There are different categories of data. Data which refers to the the chain itself must be immutable, I agree. But data that represents the content of articles posted there does not.
> The concept is bad because you don't want that property; you want a mutable data store with privileged and unprivileged access.
You do want that property for some categories of data. You don't want unaccountability in who can update articles and what changes they can make, but you do want the articles to be changeable.
What this provides is to prevent an organization from being corruptable. A government or powerful corporate entity could pressure wikipedia into changing an article to suit their purposes, and wikipedia could stone wall and refuse to comment on any changes they made for that purpose.
If it was on a blockchain, and an editor was pressured into making such a change, the community would be able to directly vote that editor out and get the original content restored.
Jesus Christ, I'm not the poster child for this, ok? Just because you can find something you think is a problem with an implementation I came up with on the fly, doesn't mean the whole concept is bad.
Fine, make it instant. People can compare the old data with the new, and notice, and vote out an editor who is abusing their power.
I can give you one implementation off the top of my head. You could, in the blockchain, elect some editors that could remove things, but the effect would be subject to a time delay, such as a month for example. So things removed would still be on the blockchain but would be marked with some sort of quarantine bit that is set later in the chain.
When it comes time to remove the offending data, the software that verifies the blockchain would accept in lieu of the actual data, a set of signatures of the elected editors. All nodes would replace the block with banned data with the replaced one.
> then you have billions of people now able to access illegal content, that can never be removed because it is on a blockchain
It's software. A blockchain can be programmed to accommodate your use case. It can also accommodate preventing bias all powerful editors from destroying or manipulating information without the approval of the community, which wikipedia does not.
Huh? They started quarantining patients on January 1st, and fully quarantined Wuhan on January 22.
And that says nothing for why the data matches up exactly to an ideal model and furthermore that model (quadratic) isn't correct for the spread of viruses (which is exponential).
If you look at data from outside of China, you can see a regular jagged line full of noise which you would expect for real data. The data from China stands out like a mannequin in a lineup.
The numbers are ridiculous. What gives it away, is that if you plot them onto a graph, they almost exactly match what an algorithm would predict, unchanging regardless of quarantines, blockades, etc. that have been enacted.
The further kicker is that the model it aligns to is quadratic where an actual virus spread is exponential. So, the Chinese are not only making up numbers and following an ideal model exactly but can't even figure out to use a valid ideal model to generate those fake numbers from.
Don't rest your argument on official data coming out of China. There is evidence they are even burning bodies now (SO2 levels) to get rid of the evidence.
He raised awareness, though. That's better than all the governments and news media organizations of the world ignoring it. If he should comp people for his actions, what about them?