4 ms·

You don't have to be smart to understand the universe is resource bound. Bitcoin core seems to have made a money that has a "resource" like behaviour. The mor

by julie1 11y ago

You don't have to be smart to understand the universe is resource bound. Bitcoin core seems to have made a money that has a "resource" like behaviour. The more you mine it, the more it costs. They seem to have a concern about a virtual currency that unlike real ones can prevent some "non realistic" transaction behaviours that are not compliant with the real world. Transactions are never free. And the bigger a system is the more a a transaction costs. What frightens me is the High Tech business trying to piggy back on a pretty sane currency and want to influence for their personal interests the system in a way that might deserve the economy globally. Are all High Tech companies sociopaths just caring about nothing but their private benefits built upon other's works?

21 11y ago
> Are all High Tech companies sociopaths just caring about nothing but their private benefits built upon other's works? That's pretty much how all the world works. Capitalism at it's best. As a side node, bitcoin is a "pretty sane currency" only in the mind of gold bugs and conspirationists. There's a reason we moved from an inflexible currency (gold) to a flexible one ("printed" money)
scient 11y ago
Welcome to the real world, where companies are ran for profit, not for some "greater good". I can safely assume you have never owned a company. How would you feel if you would not get paid for your work, but it would instead be handed out to homeless people for the greater good (as an example)?
- ZenoArrow 11y ago
  > "How would you feel if you would not get paid for your work, but it would instead be handed out to homeless people for the greater good (as an example)" Why can't I have both? For example, the taxes the company pays could cover looking after homeless people.
- julie1 11y ago
  You unsafely assumed. I had more than one business. As a former small business owner I know very well how workers and small companies are being put in an unfair competition, especially because bigger companies have de facto monopolies and the support of both administrations and governments to play dirty. Especially by having hidden subsidies or regulation unfairly protecting their business and weakening others. I think as someone who was taxed 40% as a worker, 50% as a business owner, I have the right to be scandalized at the fiscal contribution of any so called successful businesses (google, apple, fb, ms, jp morgan ...). Fuck, this is clearly fiscal inequity. What triggered revolution in USA and France. When competition is not fair it is not a liberal system anymore. And when wealthy kids get wealthy by birth and citizens find it remarkable, I guess people forgot why and how the citizens of the USA created their own country. USA was despising the priviledge system and wished for a system where every one had a fair chance to compete for their success (except the black slaves).

by julie1 11y ago

21 11y ago

> Are all High Tech companies sociopaths just caring about nothing but their private benefits built upon other's works? That's pretty much how all the world works. Capitalism at it's best. As a side node, bitcoin is a "pretty sane currency" only in the mind of gold bugs and conspirationists. There's a reason we moved from an inflexible currency (gold) to a flexible one ("printed" money)

scient 11y ago

Welcome to the real world, where companies are ran for profit, not for some "greater good". I can safely assume you have never owned a company. How would you feel if you would not get paid for your work, but it would instead be handed out to homeless people for the greater good (as an example)?

ZenoArrow 11y ago
> "How would you feel if you would not get paid for your work, but it would instead be handed out to homeless people for the greater good (as an example)" Why can't I have both? For example, the taxes the company pays could cover looking after homeless people.
julie1 11y ago
You unsafely assumed. I had more than one business. As a former small business owner I know very well how workers and small companies are being put in an unfair competition, especially because bigger companies have de facto monopolies and the support of both administrations and governments to play dirty. Especially by having hidden subsidies or regulation unfairly protecting their business and weakening others. I think as someone who was taxed 40% as a worker, 50% as a business owner, I have the right to be scandalized at the fiscal contribution of any so called successful businesses (google, apple, fb, ms, jp morgan ...). Fuck, this is clearly fiscal inequity. What triggered revolution in USA and France. When competition is not fair it is not a liberal system anymore. And when wealthy kids get wealthy by birth and citizens find it remarkable, I guess people forgot why and how the citizens of the USA created their own country. USA was despising the priviledge system and wished for a system where every one had a fair chance to compete for their success (except the black slaves).