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This idea doesn't apply at all for stupid speculative bubbles like proof-of-work crypocurrency. As another good counterexample to your "market solutions for ev
by ForHackernews 5y ago
This idea doesn't apply at all for stupid speculative bubbles like proof-of-work crypocurrency.
As another good counterexample to your "market solutions for everything": I don't want rhinos driven to extinction, so I vote with my wallet by never buying powdered rhino horn or other poached products, and donating to environmental charities to protect them. However, it's very likely that rhinos will be extinct in the wild within our lifetime. Does this mean "the market" has decided to exterminate wild rhinos? Should we eliminate poaching regulations and remove red-tape to stop distorting the free-market price of rhino horn?
- micropresident 5y agoCreate your own nature reserve for rhinos if you think it's so important. There are huge swaths of the US dedicated to nature reserves.
- ClumsyPilot 5y agoInfact create your own planet with its own climate if you think it's so importsnt
- ClumsyPilot 5y agoRhinos are heritage of mankind abd are woth countless trilions to future generations. Just like forests and climate. Current 'free market' is just fancy name for barbaric ransaking