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People really need to stop wasting their time with financial charades and use their time to build systems that actually accomplish things.
by jsiaajdsdaa 4y ago
People really need to stop wasting their time with financial charades and use their time to build systems that actually accomplish things.
- chii 4y agoUntil these financial charades stop making money, people will continue to use them to try make money.
- antisthenes 4y agoThey make money in the sense that they transfer money from the gullible to the unscrupulous, while heating the environment in the process. It isn't evident that any lasting value is actually being created or that it isn't a zero-sum game.
- patmcc 4y agoThis is unfortunately true of far more of the economy than a lot of people will admit.
- nl 4y agoLuna is a proof of stake system. The energy usage is negligible. While the rest of your comment may have some truth in it the different types of stake mechanism should really be understood on HN.
- Zetaphor 4y agoHN seems to have unanimously thrown all nuance to the wind whenever crypto comes up
- matheusmoreira 4y agoMonero appears to have succeeded at creating private and anonymous cryptocurrency. That's extremely valuable, it should be the default for all transactions everywhere.
- chii 4y ago> transfer money from the gullible to the unscrupulous this, has some value in the same way natural selection has value in nature.
- jsiaajdsdaa 4y agoA very Machiavellian observation. Maybe next we can just start exterminating people we deem unfit? I think a few have tried that before. /s
- joshgroban 4y ago
- adanto6840 4y agoI'll admit, I downvoted. 3 comments, no submissions, no contact info -- hm...
- anm89 4y agoI'm a big fan of your work with Casey and his Brother
- koonsolo 4y agoShould we also stop developing games? Do those things qualify as "systems that accomplish things"?
- jsiaajdsdaa 4y agoGames, like movies and tv and books and many hobbies, provide entertainment value and also help you learn practical skills. Crypto can also do this, I suppose, but I think most people would admit that their main motivation is for earning money. It is my argument that they stand a much better chance of making a positive sum of money doing something else.
- anm89 4y agoThank you, jsiaajdsdaa from the internet, for finally pushing all of humanity towards the correct acttions and to stop wasting time "not actually accomplishing things". Everyone was really confused right up until you pointed that out.
- jsiaajdsdaa 4y agoThanks! I'll use the Cuomo line from 2020... "If we can save even one life..."
- ramraj07 4y agoThe day everyone stopped growing their plants to deputize people for special professions you started to get inefficiencies in the system with some or many trying to game the process to gain their living. It’s inevitable, and to think you can just stop it by edict Is impractical.