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1. Thorwegian ❄️ (thor@berserker.town)'s status on Thursday, 17-Mar-2022 22:48:19 UTC Thorwegian ❄️

   i want to make myself save money in a way that i can't reverse until a certain date.

   can't do that with a bank account.

   but i just realised i potentially could with an Ethereum smart contract.

   • Thorwegian ❄️ (thor@berserker.town)'s status on Thursday, 17-Mar-2022 22:48:11 UTC Thorwegian ❄️

     in reply to

     • Hyolobrika

     @Hyolobrika then you shouldn't have set it aside. it's a rather merciless form of saving, for people like me, who are shit at saving. i always "need" the money sooner but if i simply don't have it, i find some way of managing.

     Santa Claes 🇸🇪🇭🇰🎅 likes this.
   • Thorwegian ❄️ (thor@berserker.town)'s status on Thursday, 17-Mar-2022 22:48:18 UTC Thorwegian ❄️

     in reply to

     so this is cool. a smart contract can hold a balance that only it can access once deployed.

     so i could make one that accepts, say, USDT, and holds onto it until a certain date. a time-release escrow service. that would be handy for saving money.

   • hyolobrika@berserker.town's status on Thursday, 17-Mar-2022 22:48:18 UTC Hyolobrika

     in reply to

     @thor But what if you *really need* the money before then for some reason?
     Also, USDT is centralised. They were able to freeze people's funds.

   • hyolobrika@berserker.town's status on Thursday, 17-Mar-2022 23:16:39 UTC Hyolobrika

     in reply to

     @thor Is it true that Ethereum depends on Amazon AWS?

   • Caleb James DeLisle (cjd@mastodon.social)'s status on Thursday, 17-Mar-2022 23:16:39 UTC Caleb James DeLisle

     in reply to

     • Hyolobrika

     @Hyolobrika @thor
     To a significant extent, yes. There aren't that many ETH full nodes out there because the amount of memory and processing is ENORMOUS.

     Santa Claes 🇸🇪🇭🇰🎅 likes this.
   • Thorwegian ❄️ (thor@berserker.town)'s status on Thursday, 17-Mar-2022 23:17:00 UTC Thorwegian ❄️

     in reply to

     • Caleb James DeLisle
     • Hyolobrika

     @cjd @Hyolobrika as far as i can tell, loyalty is when you let people exploit you even after they violated your trust

   • Caleb James DeLisle (cjd@mastodon.social)'s status on Thursday, 17-Mar-2022 23:17:00 UTC Caleb James DeLisle

     in reply to

     • Hyolobrika

     @thor @Hyolobrika
     I forgot the name but there are these two services which like metamask and all major ETH wallets use, recently they started blocking Russian IPs...

     Santa Claes 🇸🇪🇭🇰🎅 likes this.
   • Thorwegian ❄️ (thor@berserker.town)'s status on Thursday, 17-Mar-2022 23:17:01 UTC Thorwegian ❄️

     in reply to

     • Caleb James DeLisle
     • Hyolobrika

     @cjd @Hyolobrika i'm not emotionally attached to anything here because i don't know what loyalty is

   • Thorwegian ❄️ (thor@berserker.town)'s status on Thursday, 17-Mar-2022 23:17:02 UTC Thorwegian ❄️

     in reply to

     • Caleb James DeLisle
     • Hyolobrika

     @cjd @Hyolobrika interesting, didn't know that