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> The government needs to be in control of the money supply. Not interested in bureaucrats determining my purchasing power, sorry

echelon 5y ago
Antarctica will be happy to have you. /s But seriously, functional governments are what hold society together. We can't have a system without levers.
- voldacar 5y ago
  Functional societies existed long before central banking and costless money creation
  - anotha1 5y ago
    Straw man. Those societies also existed alongside slavery and tons of other bad shit. So how does that change the value of a functional government?
    - voldacar 5y ago
      Central banking caused the end of slavery? now that's a hot take
      - anotha1 5y ago
        Have you heard of blood diamonds? I bet ETH solves that problem with a ledger /s
        toby 5y ago
        It's interesting that the Kimberley Process intended to prevent conflict diamonds is a chain of warranties, one of the criticisms thereto was that there was little proof that the previous warranty ever existed. So even though you're being sarcastic, you might be on to something there :) (I'm not suggesting this is possible, just idle musings)
uncomputation 5y ago
So rather than systems with oversight, faces, and names attached to them, you would prefer an entirely programmatic system where all transactions are final and irreversible which is not beholden to any intervention? There’s an old adage about how all programmers hate technology or something like that and I worry that we are flying too close to the sun here with the crypto hubris.
- voldacar 5y ago
  > So rather than systems with oversight, faces, and names attached to them, you would prefer an entirely programmatic system where all transactions are final and irreversible which is not beholden to any intervention? Yes, correct.
- anotha1 5y ago
  > all programmers hate technology The latest wave of "investors" aren't programmers. But yeah, the trust issue illustrated by your comment speaks volumes. I just wish people didn't think our problems were as easy as "sprinkle a little tech on it."
- joshsyn 5y ago
  What good is a system, if it only benefits a few? And levers are used at the wrong time, benefits only a few people?

echelon 5y ago

Antarctica will be happy to have you. /s But seriously, functional governments are what hold society together. We can't have a system without levers.

voldacar 5y ago
Functional societies existed long before central banking and costless money creation
- anotha1 5y ago
  Straw man. Those societies also existed alongside slavery and tons of other bad shit. So how does that change the value of a functional government?
  - voldacar 5y ago
    Central banking caused the end of slavery? now that's a hot take
    - anotha1 5y ago
      Have you heard of blood diamonds? I bet ETH solves that problem with a ledger /s
      - toby 5y ago
        It's interesting that the Kimberley Process intended to prevent conflict diamonds is a chain of warranties, one of the criticisms thereto was that there was little proof that the previous warranty ever existed. So even though you're being sarcastic, you might be on to something there :) (I'm not suggesting this is possible, just idle musings)

uncomputation 5y ago

So rather than systems with oversight, faces, and names attached to them, you would prefer an entirely programmatic system where all transactions are final and irreversible which is not beholden to any intervention? There’s an old adage about how all programmers hate technology or something like that and I worry that we are flying too close to the sun here with the crypto hubris.

voldacar 5y ago
> So rather than systems with oversight, faces, and names attached to them, you would prefer an entirely programmatic system where all transactions are final and irreversible which is not beholden to any intervention? Yes, correct.
anotha1 5y ago
> all programmers hate technology The latest wave of "investors" aren't programmers. But yeah, the trust issue illustrated by your comment speaks volumes. I just wish people didn't think our problems were as easy as "sprinkle a little tech on it."
joshsyn 5y ago
What good is a system, if it only benefits a few? And levers are used at the wrong time, benefits only a few people?