One of the great frustrations in these debates, is the tendency to criticize a messenger who sees a cynical system. Instead of blaming the system for being cynical. Sometimes the most Optimistic people are shut out of debates, because they won't assume the system is optimized for a noncynical purpose. My suspicion is that this ostracization is what grows the cynicism out of control.
I would also suggest that bad faith is contagious. Once bad faith enters, the incentives are such that everyone acts in bad faith in short time. ('Well if he's lying, then I'm forced to lie too' become easy to justify)
I think it's a little too soon to announce failure here. The aesthetic performance 'Bitcoin is a currency', is probably not the essential goal. The essential goal may very well be that of increasing the nations wealth by way of ponzi schemes. While I doubt that will work, we should let the game run a bit longer here, to see if any other countries jump aboard the performance.
Thus far, this performance has profited for many of the individuals who have participated in the scheme thus far.
Good piece though. I'm a patreon supporter of David's , and I greatly enjoy and appreciate his work.
I truly don't see what happened in his administration that was unusually awful. (and I didn't vote for him) Given the constant hyperbole on matter, and now, in the aftermath, I think the antics of his detractors just look ... hysterical. Quite frankly, I think it's these antics that would be likely to see him re-elected. Food for thought.
Lol, thank you very much for telling me. I find that I get shadow banned and outright banned on every social media site and forum. I genuinely don't understand why. It's usually for comments such as this one. (Shrug)
Imo, it's a flaw in our model. If 'fighting them' failed, then, we should join them. Here, that would mean participation in the ipo, in the style of gamestop. Push the p/e ratio to something completely absurd. Maybe it'll fail as a result. (Thus begetting a libre office, response to an open office initiative.)
Thank-you. Candidly, I think 'no car' is what we should be promoting. I got rid of mine earlier in the year. I may find out this plan is wishful thinking. We'll see.
I'm very skeptical that these technologies will be more efficient than incumbent solutions. These products seem to be designed to comport with well intended political goals, rather than consumer preferences.
It may be that these products are taxes-by-another-name, as consumers either shell out more money for inferior solutions (ebikes, I guess), or, turn to the secondary market instead (for gas leafblowers, say).
After seeing what we did with recycling, I would not be so naive going forward, on the claims of environmentalists. (I still have yet to see the research on the electric car co2 implications of producing batteries and offloading co2 output to power plants, when compared to the incumbent solution)
That's the same thing as pricing in dollars. If you haven't noticed, Bitcoin is as valuable as the usd/btc pair. It's why every bitcoiner knows what the price of Bitcoin is every day.
They'll successfully cut the liquidity. People aren't going to be able to ach/swift any substantial amount, and Irl exchanges will be dangerous and subject to theft. The government can't cut it out in full, but, it can reduce the value enough to make Pokemon cards a more valuable alternative
I think it's safe to assume that we're seeing a post-hoc rationalization here in our commenter.
The commenter has tasked themselves with discrediting the author. So, the commenter is thus tasked with either taking umbrage against a conflict-of-interest, or not-having-experience-in-the-field. Whichever state of the binary switch the author is configured in. That's where the foul will be.
Also note that the commenter takes umbrage with the person, not the ideas. Which, is mostly just amusing to me, at this point.
Agreed. I would add that 'Intellectual property' is mostly postmodern nonsense. No different than calling our bits 'Digital Gold' and proceeding to construct legislation based on the proton configuration of said bits.
You can read 'extraordinary popular delusions and the madness of crowds', or look into the Albanian civil war of '97. History doesn't repeat, but it does rhyme