4 ms·

Wouldn't be an issue with banks. The IRS could monitor outflows of the site's bank account and make sure that the employees are being paid regularly. Wouldn't

Wouldn't be an issue with banks. The IRS could monitor outflows of the site's bank account and make sure that the employees are being paid regularly. Wouldn't be an issue with enforcement of the law. Employees could monitor their own bank account to ensure they're getting paid properly. If not, they can report it to the labor board who will enforce the already existing laws. This is not a technological problem. Quit trying to make things even worse by shoving cryptographic woo woo into social and legal problems and insisting it will somehow magically solve everything. This is a social, legal, and political problem. Technology will not solve it. Technology hasn't solved it in the last century, it's not going to solve it now that the math is fancy.

lesuorac 3y ago
Of course it would still be an issue with banks. Have you never seen the numerous complaints of people whose paycheck never came in that week? They often aren't talking about a physical check arriving in their mailbox; they mean direct deposit to their bank never occurred. IRS currently does monitor the outflows probably through 1099s but I guess there's probably also W2s. But the IRS only cares about it annually where presumable the employees care bi/weekly. > Employees could monitor their own bank account to ensure they're getting paid properly. If not, they can report it to the labor board who will enforce the already existing laws. If this was the case then the city wouldn't need to send inspectors. I would bet many of the laborers don't have a proper social security number and so won't report it on their own but will to somebody already in their face. > This is not a technological problem. Neither is eating but better technology has certainly reduced famine. If on a forum self labeled as "Hacker News" you don't understand that you can use technology to assist with solving problems I haven't much hope for you.
- jeffbee 3y ago
  You're not proposing a solution to a problem anyone has. You just sound like a clueless indoorsman without life experiences. Go out to a local street corner at 5AM and ask the day laborers if they want to be pad in bitcoins.
- calamari4065 3y ago
  By what mechanism will cryptocurrency change the fact that the already existing wage theft laws aren't being enforced? Your original claim was that auditing of bank accounts would solve the problem. Since you've admitted that we already have auditing mechanisms in place, what does cryptocurrency add? Maybe take a second to consider why the problem exists, what the current mitigations are, and why those mitigations don't work. Then reflect on what your solution does differently than everything else we've tried over the last hundred or so years. > Neither is eating but better technology has certainly reduced famine. Agriculture is a technology. Growing food at industrial scales is a technological problem. Without cheap synthesis of fertilizer, absolutely no amount of manpower, social movements, or laws can produce food at these scales. It is purely a technological issue. Distributing that food to the world is a social problem that technology has not solved in the last century. > If on a forum self labeled as "Hacker News" you don't understand that you can use technology to assist with solving problems I haven't much hope for you. People usually resort to condescension when they know they don't have an intelligent argument to make but still want to feel superior. How's that going for you?
  - lesuorac 3y ago
    > By what mechanism will cryptocurrency change the fact that the already existing wage theft laws aren't being enforced? By changing the amount of effort required to enforce it. How long would it take to poll every worker how many hours they worked, their wage, and how much they were paid (a day per site?) ? How long would it take a computer program to monitor the outflow of a wallet (milliseconds?) ? Laws not being enforced comes down to mostly two reasons. Will and Practicality. Surely not everybody in the city is corrupt and wants the laborers to be underpaid. So if you make it more practical for them to figure out who is underpaying then they can enforce it better. > Your original claim was that auditing of bank accounts would solve the problem. Since you've admitted that we already have auditing mechanisms in place, what does cryptocurrency add? That was not my initial claim; that was calamari4065 (you) and I disagreed with them that auditing the bank account worked. Specifically a public ledger (bitcoin) means anybody can audit and for whatever reason. The IRS cares if you paid your taxes to the government not if you paid your employees legally. > Agriculture is a technology. Growing food at industrial scales is a technological problem. I can play this game too. Bitcoin is a technology. Paying people at industrial scales is a technological problem. > How's that going for you? Better than expected. I thought surely a pro-bitcoin comment would get a negative 10.

lesuorac 3y ago

Of course it would still be an issue with banks. Have you never seen the numerous complaints of people whose paycheck never came in that week? They often aren't talking about a physical check arriving in their mailbox; they mean direct deposit to their bank never occurred. IRS currently does monitor the outflows probably through 1099s but I guess there's probably also W2s. But the IRS only cares about it annually where presumable the employees care bi/weekly. > Employees could monitor their own bank account to ensure they're getting paid properly. If not, they can report it to the labor board who will enforce the already existing laws. If this was the case then the city wouldn't need to send inspectors. I would bet many of the laborers don't have a proper social security number and so won't report it on their own but will to somebody already in their face. > This is not a technological problem. Neither is eating but better technology has certainly reduced famine. If on a forum self labeled as "Hacker News" you don't understand that you can use technology to assist with solving problems I haven't much hope for you.

jeffbee 3y ago
You're not proposing a solution to a problem anyone has. You just sound like a clueless indoorsman without life experiences. Go out to a local street corner at 5AM and ask the day laborers if they want to be pad in bitcoins.
calamari4065 3y ago
By what mechanism will cryptocurrency change the fact that the already existing wage theft laws aren't being enforced? Your original claim was that auditing of bank accounts would solve the problem. Since you've admitted that we already have auditing mechanisms in place, what does cryptocurrency add? Maybe take a second to consider why the problem exists, what the current mitigations are, and why those mitigations don't work. Then reflect on what your solution does differently than everything else we've tried over the last hundred or so years. > Neither is eating but better technology has certainly reduced famine. Agriculture is a technology. Growing food at industrial scales is a technological problem. Without cheap synthesis of fertilizer, absolutely no amount of manpower, social movements, or laws can produce food at these scales. It is purely a technological issue. Distributing that food to the world is a social problem that technology has not solved in the last century. > If on a forum self labeled as "Hacker News" you don't understand that you can use technology to assist with solving problems I haven't much hope for you. People usually resort to condescension when they know they don't have an intelligent argument to make but still want to feel superior. How's that going for you?
- lesuorac 3y ago
  > By what mechanism will cryptocurrency change the fact that the already existing wage theft laws aren't being enforced? By changing the amount of effort required to enforce it. How long would it take to poll every worker how many hours they worked, their wage, and how much they were paid (a day per site?) ? How long would it take a computer program to monitor the outflow of a wallet (milliseconds?) ? Laws not being enforced comes down to mostly two reasons. Will and Practicality. Surely not everybody in the city is corrupt and wants the laborers to be underpaid. So if you make it more practical for them to figure out who is underpaying then they can enforce it better. > Your original claim was that auditing of bank accounts would solve the problem. Since you've admitted that we already have auditing mechanisms in place, what does cryptocurrency add? That was not my initial claim; that was calamari4065 (you) and I disagreed with them that auditing the bank account worked. Specifically a public ledger (bitcoin) means anybody can audit and for whatever reason. The IRS cares if you paid your taxes to the government not if you paid your employees legally. > Agriculture is a technology. Growing food at industrial scales is a technological problem. I can play this game too. Bitcoin is a technology. Paying people at industrial scales is a technological problem. > How's that going for you? Better than expected. I thought surely a pro-bitcoin comment would get a negative 10.