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The true argument should have been that it's more efficient (for everyone involved). Which would have invited the honest debate between the relative merits of r
by ethbr0 6y ago
The true argument should have been that it's more efficient (for everyone involved). Which would have invited the honest debate between the relative merits of resilience vs efficiency.
- georgeecollins 6y agoThat reminds me of Taleb's idea of comparing certain investment strategies to "picking up pennies in front of a steam roller" (or insuring mortgage backed securities). It's easy money until it isn't. But when it isn't, it is really bad.