atweiden

13 ms·

61.
by atweiden 5y ago
What even is “democratic money”? We live in a plutocracy, do we not [1]? > whole point of a fixed supply is to make money exclusive In this case, it’s to obviate the need to take your inflationary funbucks to what is essentially a casino
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by atweiden 5y ago
> If you make money more expensive nominal house prices might drop but you also made it harder to acquire money in the first place. In a deflationary environment, as housing/rent prices drop, savers are rewarded. Renting doesn’t ent
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by atweiden 5y ago
How would property development work? How are the much needed and widely adored characterful European style duplexes and lowrises in city centers going to get built if one person can only own one property?
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by atweiden 5y ago
> I'm with you about the undesirability of these investment firms who hog up properties; the tax structure could easily be set up to squeeze them out, while encouraging the small owner rentals: people who have two or three places. B
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by atweiden 5y ago
> What's the fallout from that? You mean, what’s the fallout of banning anyone or any business regardless of the circumstances from owning more than one property? Starting with the obvious one, it incentivizes investors to form mult
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by atweiden 5y ago
Making it costlier to own a second or third property discourages small time investors from renting out those properties, which decreases the availability of rental units, and raises rents. Alternatively, and worse still, it might erode prof
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by atweiden 5y ago
Seconded. Currency debasement plays an instrumental role in real estate speculation. If investors could just count on their cash to retain and increase in value over time, their insatiable appetite to own real estate as an inflation-resista
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by atweiden 5y ago
You cannot discourage ownership of “investment property” without also discouraging landlordship — which raises rents.
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by atweiden 5y ago
> Easily solved by not hitting people who own one property which is their primary residence. This would discourage individuals from renting out their property for a small profit, which is exactly what you want to see more of to increas
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by atweiden 5y ago
Tommykaira Imagine if your tesla’s interior looked like this: https://youtu.be/oPAvyt9ZNrg?t=221 https://smallblogv8.blogspot.com/2020/10/oh-yeah-tommykaira-...
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by atweiden 5y ago
See also: internet reclamation projects [1] [1]: https://drewdevault.com/2021/09/23/Nitter-and-other-internet...
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by atweiden 5y ago
> Funny that when Vancouver was a 'backwater' as the article refers to it was when it was much more affordable and a lot less crowded. In other words much nicer to live in. There’s no getting around it: increases in population
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by atweiden 5y ago
> I feel like lots of people have some kind of weight on their shoulder, and/or one or multiple things bothering them a lot. With very few exceptions, there’s nothing healthy or normal about living in chaotic, densely populated urba
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by atweiden 5y ago
> Same thing, isn't it? US dollar payments aren’t subject to the approval of stakers, and existing PoW miners have no on-chain mechanism to prevent new market entrants from competing against them for hashrate. So, “no”. To begin sta
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by atweiden 5y ago
The difference being you don’t need to ask existing Bitcoin miners for permission to begin mining Bitcoin yourself. Conversely, staking is inherently impossible without first obtaining “stake” — and how can you obtain stake without the appr
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by atweiden 5y ago
> Overcoming censorship is not possible in a PoS system, as the censor has acquired majority stake and cannot be unseated. As such PoS systems are not censorship-resistant and the theory is therefore invalid. https://github.co
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by atweiden 5y ago
> Local control means wealthy control We’ve known for years US central planning is in fact a kleptocracy [1]. So, “no”. Locals can always throw a monkey wrench in any plan a far off bureaucrat makes for them, irrespective of wealth and p
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by atweiden 5y ago
Rosenberg contends AR will be practically impossible to live without [1], and that its most obvious use case is labeling persons in your environment — and labeling them in a way they have zero control over, and limited ability to opt out of
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by atweiden 5y ago
> See [...] for the empirical research refuting that point and agreeing with the basic supply-demand issue The issue I have with this analysis is where does it end? For example, if you assume most people eventually want to live in a town
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by atweiden 5y ago
Visit “WTF Happened in 1971” [1]. That argument doesn’t hold water for middle and lower class persons. [1]: https://wtfhappenedin1971.com/
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by atweiden 5y ago
Year 0, you have $X dollars in your bank account with $Y purchasing power. Year 1, you have $X dollars with $Y - 1 purchasing power. Etc. $Y > $Y - 1 Inflation is an anti-feature. > What can it do for me? It really sounds like you’ve
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by atweiden 5y ago
There used to be a cryptocurrency called Freicoin, which charged its holders X% per annum, deducting the proceeds directly from user savings and funneling the proceeds into charity “for the greater good”. Freicoin failed to gain any appreci
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by atweiden 5y ago
Tossing my hat in for Passerine [1]. Gorgeous ML inspired syntax. Written in Rust, and I suspect scripting Rust libraries is in the cards. Dreaming here: Lua is a fantastic scripting language, but the Rust FFI isn’t as ergonomic as it could
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by atweiden 5y ago
But anything less than an infinite tax on animal slaughter would be akin to outright tolerating extreme suffering of a living thing so long as someone is willing to pay for it. I can’t see any difference between an infinite tax and just ban
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by atweiden 5y ago
Doesn’t this imply any level of suffering, no matter how extreme, can be tolerated so long as we attach a market price to it? All the same, I’m sure it would fit in well with the general theme of the financialization of everything.
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by atweiden 5y ago
Regenerative agriculture is not a sustainability solution [1]: Written by FCRN’s Dr Tara Garnett in collaboration with Cécile Godde of CSIRO and a team of international experts, this report dissects claims made by different
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by atweiden 5y ago
Don’t think marketing can work on you? McDonald's "I'm Lovin' It" Kit Kat "Give Me a Break" State Farm "Like a Good Neighbor" Not even the cynics are “above” hearing repeated phr
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by atweiden 5y ago
What JPKab said is entirely true. The SAT is known to correlate strongly with general intelligence, which is determined almost exclusively by hereditary factors outside a person’s control [1]. The data clearly suggests lower class persons o
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by atweiden 5y ago
Still seems to be safer than a gasoline corrolary [1]. [1]: https://hydrogen.wsu.edu/2017/03/17/so-just-how-dangerous-is...
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by atweiden 5y ago
I’ve been stricken with enthusiasm for hydrogen-powered cars since watching a video from the 90s depicting a backyard solar-powered hydrogen generator which hooks up to a garden hose [1]. It’s supposedly a lot safer than gasoline: > “The

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