dalbasal

60 ms·

721.
by dalbasal 5y ago
I agree that no one in the public cares about CBDC. That said, it doesn't mean that it's not interesting or impactful. It may be just federated IBAN/SWIFT/SEPA in theory. In practice, such systems matter. The guts of the
722.
by dalbasal 5y ago
I don't doubt that Tether is used to evade regulation and oversight. Tether, the company, certainly seems to be pretty shady. But, it isn't only used for that. The reason tether, the coin, initially took off, was that exchanges
723.
by dalbasal 5y ago
So... one at a time. > Why? We don't have inflation so rates are being kept low. Countries with inflation pressure are raising rates and holding off inflation. Under monetarism (again, definitions... I mean the Friedman-esque CB nor
724.
by dalbasal 5y ago
Tether exists, originally at least, to transfer funds (USD) between cryptocurrency exchanges. Moving "real" USD requires the financial system: banks and the Fed and everything between banks and the FED. The system was too slow&#x2
725.
by dalbasal 5y ago
So? Trustlessness is, no doubt, a "hard" problem solved by crypto. But, just because something is theoretically trivial doesn't mean that it is in practice. Could you architect a "distributed database with more ceremony?
726.
by dalbasal 5y ago
At this point, crypto is just a rapidly maturing system for digital money. There may be no advantage of a centralized cryptocurrency in theory , but in practice there is. That's why Tether exists. USD wasn't up to the task. I&#x2
727.
by dalbasal 5y ago
So... I don't quite understand all the implications of a "fedcoin." Isn't it basically creating an alternative USD, which the Fed becomes obligated to keep in parity with regular USD? What happens if a proverbial Soros m
728.
by dalbasal 5y ago
As I said, while I'm technically equivocating (you too), I am not really saying that there are no reasons to be skeptical of black box algorithms. We agree on this, I think. That said, I'm not sure that we can make algorithms expl
729.
by dalbasal 5y ago
I think we may be using a different definition of monetarism. I mean the circa 1980-present understanding of money, public debt, and their relationship to inflation, gdp & employment growth. Also, critically, the rules of thumb governin
730.
by dalbasal 5y ago
>> everything the financial system strives to be This is a somewhat "loaded" statement, with assumptions about what the financial system strives to be. Some of that load is, IMO, monetarism. Some of it is adjacent to monetar
731.
by dalbasal 5y ago
Fantastic. Those who do this the analogue way, often distinguish between bird song and "bird language." The former focuses on identifying species. The latter focuses on understanding the information birds convey to one another. Si
732.
by dalbasal 5y ago
So... digitisation certainly has a lot of disruption potential. I would frame it differently though... I also don't think it's the only factor. First, digitisation has already happened. Most money has been digital for a long time.
733.
by dalbasal 5y ago
Hug of death. http://webcache.googleusercontent.com/search?q=cache:YHqgGfy...
734.
by dalbasal 5y ago
Wonderful analogy. I'm keeping it. That said, this is not totally unlike many human explanations. In fact, increasingly, if a decision can be explained entirely as a product of decision making policies, it's likely to have been au
735.
by dalbasal 5y ago
Who said it was?
736.
by dalbasal 5y ago
No, the trolley problem (an example used in moral philosophy) is a contrived scenario.
737.
by dalbasal 5y ago
The ability to read silently being uncommon until recent times makes the idea of the inner dialogue switching on at some point more thinkable, for me. I wonder if there was a point where people spoke to themselves out loud to reason verball
738.
by dalbasal 5y ago
Not mundane at all. I wonder if there are ways of developing more nonverbal thinking abilities, like counting visually.
739.
by dalbasal 5y ago
It's not about sanskrit vs english. It's about early (pre-2200, when the author thinks this cognitive change occurs).
740.
by dalbasal 5y ago
Why does PIE need to be the first language? The author is making a point about abstract terms (and thoughts) evolving from earlier, more concrete ones. All he needs of PIE is for it to have preceded english, or more precisely, to have origi
741.
by dalbasal 5y ago
Yes. I mean, there were cool ideas in the other seasons too, but the magic wasn't there. It just felt like a 90s sci fi, with higher production value. Incidentally, season 3's ending... "artificial god in the ear" was al
742.
by dalbasal 5y ago
This has a "trolley problem" feel to it. It's a contrived scenario that doesn't reflect real life. I'm not suggesting that all our decision making is good. Terrorism vs heart disease just don't really compete.
743.
by dalbasal 5y ago
The example in the wiki is "psyche," used in the iliad. Its later translated to mean soul. Jaynes's calls this metaphor, and argues that originally it was understood in more concrete terms... blood, breath. Harari's &qu
744.
by dalbasal 5y ago
I only skimmed past the abstract (wolverine case is gold, lol) feel that such an analysis gets squirrely, both morally and technically. A few years back, there seemed to be a desire to justify cigarette taxes with a "it costs the stat
745.
by dalbasal 5y ago
IDk if "serious" is a good bar, but I feel the opposite is true. First, there are a lot more books than films... and some deal in very interesting ideas. Second, I feel like we're in a new golden age of sci-fi right now. 1950
746.
by dalbasal 5y ago
Reason, perhaps. Reason via internal monologue... that's the part related to this theory.
747.
by dalbasal 5y ago
Can you expand on that? How do you make visual analogies, or express abstract ideas visually?
748.
by dalbasal 5y ago
I'm extremely curious to get a deaf person's take on this. That introspection is an auditory hallucination makes intuitive sense to me. I experience it this way. How does it work for someone who's primary languages are non au
749.
by dalbasal 5y ago
As one big, falsifiable scientific hypothesis... not well. It wasn't all that strong to begin with, in this sense. As a collection of fascinating ideas about the development of modern human consciousness... fantastically well. Modern i
750.
by dalbasal 5y ago
Westworld used a version bicameral mind for their fictional theory of robot consciousness. It was quite brilliant. This theory (also freud, IMO) demonstrates that ideas can have value regardless of being true or false. Just considering such

More ›