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Agebor
searching PlanetScale…
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9 ms
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61.
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by
Agebor
9y ago
Good arguments, but I think the most valid one is about land and property - a government, on the most fundamental level, is a force controlling an area. However, the control can't really extend to remote work (I'm sure VR headsets
62.
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Agebor
9y ago
I think most of those drawbacks will go away in the next years after we have: - a standard function packaging and manifest that each vendor will support - cheaper + easier tracing, logging, graphs
63.
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Agebor
9y ago
I agree with the conclusion about bitcoin, but it's very ignorant to just dismiss all current and future cryptocurrencies and assume it's not possible to replace fiat currency. Research is currently ongoing in stable coins like h
64.
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Agebor
9y ago
The ones no-one imagined before. Just like few people saw social networks coming, it's currently hard to predict what can be done when huge number of people is connected in networks of value. But a few examples can be: borderless finan
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Agebor
9y ago
It's mostly about speed of innovation. Cryptocurrencies will just make creating and experimenting with financial products easier (being unregulated).
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Agebor
9y ago
> index funds are huge and yet most people still prepare very poorly for retirement Retail financial products are only just now entering the internet era. At least in UK, before 2017 we did not have Vanguard, Monzo, Revolut. Nutmeg was l
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Agebor
9y ago
It's not that speculative on the long term IMO. In the 80s and 90s, we found a way of connecting many computers together and here we are. Now we found a way to create programmable: trust, value, scarcity and incentives. If that's
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Agebor
9y ago
This is a great response, explaining the problem with any UBI in general. I think the only way it could work is when the rich actually CAN gain something for the goods flow going to the poor - that something can be a sum of "moral sati
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Agebor
9y ago
But as an exchange, you can lend out Bitcoin you have, while still displaying unchanged balances on people's accounts. So you have a fractional reserve.
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Agebor
9y ago
That's a bit black and white. I think in reality, if you have this kind of intelligence and will power, you will succeed anyway, eventually. If your luck is worse, perhaps relatively smaller number of people will hear about you, but it
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Agebor
9y ago
It seems similar to the appeal of platonism over the centuries. The human mind evolved to categorise things to make sense of the world, and to dislike uncertainty. So the concepts of some abstract, ideal essence of things are easily underst
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Agebor
9y ago
It's probably most useful to compare Bitcoin to gold (apparently the Biggest Bubble in Stock Market History: http://gainspainscapital.com/2017/08/08/officially-biggest-b... ). Let's take a random sam
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Agebor
9y ago
There is one practical difference between Bitcoin and Ethereum that i like to think about - Ethereum is actually creating a platform. In theory Bitcoin is capable of that too, but in practice the core community is quite religious about keep
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Agebor
9y ago
https://cosmos.network/ and https://polkadot.io/ experiment with a similar ideas.
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Agebor
9y ago
Most of articles like this one, in the the spirit of Nick Bostrom's Superintelligence, seem to border on actual futurism and philosophy/idealism. The common theme is the self-improving AI in the context of some reward-function, bu
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Boston Dynamics made a giraffe robot
(theverge.com)
5 points
by
Agebor
10y ago
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