cryptica

28 ms·

301.
by cryptica 5y ago
It's worse for most people. Evidenced by unhappiness, drug/antidepressant use, declining birth rates, institutional distrust and breakdown of social relationships. Before, people ate less on average but the food that they did eat
302.
by cryptica 5y ago
I disagree with this. IMO, it's just propaganda that the elites use to maintain control. Look at all the economic 'miracles' in Germany, Japan, South Korea, ... Pretty much any time a developed, highly educated country had fa
303.
by cryptica 5y ago
So that the richest people don't have unlimited money. Compounding returns yield unlimited money for those at the top. The real economy does not experience compound growth like the economy of numbers does. Those at the top of the pyram
304.
by cryptica 5y ago
Coding is about creativity and architecture, just not if you work for big tech. Big tech is not interested in quality architecture which minimizes the amount of maintenance work. They will use any opportunity they can get to boost headcount
305.
by cryptica 5y ago
They're all an oligopoly. Together, they monopolized government and reserve bank money printers. It's a scheme, people take loans to buy Apple shares, then future generations will take even bigger loans to buy Apple shares from th
306.
by cryptica 5y ago
Kind of interesting how she attends court without any makeup and with scruffy hair; she looks unrecognizable. I guess this is done intentionally to distance herself from her previous identity and also her crimes.
307.
by cryptica 5y ago
On one hand, the victims of her scams wanted her guilty, on the other, I suspect that those who are trying to dismantle the judicial branch of government wanted her to be not guilty. Good to see the legal system is holding up.
308.
by cryptica 5y ago
I like cryptocurrencies but this high electricity usage has kept me away from Bitcoin in the early days. I've since come to forgive Bitcoin for this ridiculous energy usage because of how important a problem Bitcoin is solving (the wor
309.
by cryptica 5y ago
I've also been hoping for the same thing. The faster the current system falls apart, the less painful it will be. The years of daily grind combined with a feeling of hopelessness is what hurts people the most and causes lasting resentm
310.
by cryptica 5y ago
I've met founders who launched shitcoins which raised a lot of money who acknowledged with no sense of irony that their own token was a shitcoin. But in general, a shitcoin is a poorly designed project (or just a clone of an existing p
311.
by cryptica 5y ago
I suspect that big corporations and big investment firms are pumping a lot of money into the cryptocurrency space to prevent innovation and to encourage scams in order to discredit the space. They want to buy it up, hype it up, then dump th
312.
by cryptica 5y ago
I've worked in the crypto space for several years as a software developer and I can confirm that this is true. Most projects have no interest in developing the technology. Some communities will actively go out of their way to suppress
313.
by cryptica 5y ago
It would matter if all of their customers' earnings were also denominated in BTC. It would dramatically affect their customers' spending habits. For example, while they might be willing to borrow fiat to pay for ads, they might no
314.
by cryptica 5y ago
People often say "follow the money, look at the incentives..." Yet those same people keep neglecting the system which produces the mother of all incentives. It's easy to see how heavily money-oriented the average person is no
315.
by cryptica 5y ago
Some people have argued that tulip mania was driven by monetary policy. When discussing supply and demand, it's not only about supply and demand of the goods or services, it's also about supply and demand of the currency which tho
316.
by cryptica 5y ago
And what's to blame for Bitcoin's high price? A broken fiat monetary system. I can't believe some people still think that Bitcoin is more speculative than major tech stocks. Facebook, Twitter, Google, Uber, Snapchat... All pr
317.
by cryptica 5y ago
I think it's hard to move on from negative or traumatic experiences before you can make sense of them. There is usually something to be learned so it makes sense to try to understand your past in order to avoid getting caught up in a t
318.
by cryptica 5y ago
I think it's a big deal that the charges were disproportionate in this case. Maybe what he did was illegal on paper, but it was not unethical. Disturbingly, there seems to be increasingly many things in our modern society which are eth
319.
by cryptica 5y ago
It's sad how the system punishes smart altruists. If you're smart, you'd better be evil or the system will destroy you.
320.
by cryptica 5y ago
I don't work for Apple or Meta but I'm thinking that Apple should pay me to not work for Meta and Meta should pay me to not work for Apple. Everybody wins.
321.
by cryptica 5y ago
> system as inherently Darwinian as capitalism What we have now is not capitalism. Capitalism requires hard money as a foundation. An inflationary currency whose supply compounds exponentially over time and which people are forced to use
322.
by cryptica 5y ago
I'm an atheist but I think that religion and religious values are a positive force for society. The most spiritual experience I have is when I'm out in nature alone and I see something beautiful like a sunset over the sea. These m
323.
by cryptica 5y ago
> 20. Read Foreign Newspapers As someone who has lived in many different countries around the world. I can strongly relate to this point. Media in different countries cover mostly the same information but the angle is different. Watching
324.
by cryptica 5y ago
Reserve banks printed trillions of dollars over the past decade; this propped up high-exposure corporate stocks including Google and Amazon. At the same time, regular people have had their salaries continuously diluted and are now losing jo
325.
by cryptica 5y ago
Reminds me of the George Carlin quote: "The air and the water will recover, the earth will be renewed. And if it's true that plastic is not degradable, well, the planet will simply incorporate plastic into a new paradigm: the eart
326.
by cryptica 5y ago
I think Daniel Kahneman's book 'Thinking, fast and slow' lays out a very good framework for thinking about thinking. To summarize: People have two strategies for thinking: System 1 (fast, reactive) and system 2 (slow, methodi
327.
by cryptica 5y ago
At least they punish the perpetrators... They over-punish whereas we under-punish. Under-punishment is worse because it implicitly punishes those who do the right thing by allowing perpetrators to get away with crimes; it encourages crime.
328.
by cryptica 5y ago
Great... Now even the monkeys have a functioning justice system and we don't.
329.
by cryptica 5y ago
The global playing field is extremely competitive. It's so competitive in fact, that the best people rarely win. Nowadays, the winners are usually selected among those who are good in a conventional way and not among those who are exce
330.
by cryptica 5y ago
I've observed this issue over and over at a dozen tech companies I worked for. They're not interested in deliverables IMO, they're interested in employee head count and total compliance.

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