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desumeku
searching PlanetScale…
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61.
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desumeku
2y ago
This is literally totalitarianism. What the hell? I shouldn't be able to say that I support the AfD just because I don't live in Germany?
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desumeku
2y ago
Congratulations. You have discovered the fundamental problem with democracy - it is simply just not that hard to throw around a little power, money and influence and lull people into voting for you.
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desumeku
2y ago
https://adsabs.harvard.edu/full/1992ASPC...26..599W This is why.
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desumeku
2y ago
How many EU politicians are poor, broke and humble?
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desumeku
2y ago
You mean countries like Romania, who had their election forcibly cancelled because the EU is scared of Russian social media posts, and Germany, who thinks that a man giving a speech and promoting a certain party is election interference?
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desumeku
2y ago
You sound pretty jealous and bitter that you missed out in the best return on investment in human history.
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desumeku
2y ago
Is that supposed to make a difference?
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desumeku
2y ago
> You purchased a jar of air with the word "Digital Gold" printed on the side of it basically...with the reasoning of "If everybody treats this special air as Gold, then it might as well be Gold" And it is. You can tr
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desumeku
2y ago
Are stocks, securities and ETFs backed by "physical reality"? Are treasury bills and bonds? If you are a goldbug who just thinks we should all be using gold, you should probably say so.
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desumeku
2y ago
There is scarcity in USD, but no scarcity on Fiat. Every USD bond investor/hodler is betting the farm that the USA will be the dominant nation forever. USD is very similar to a cult or Ponzi scheme where you only achieve your goal if y
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desumeku
2y ago
Keep talking about how the 9th largest asset on earth by market cap has "already failed". It's very convincing. Additionally, your definition of money is simply ludicrous. Your credit cards aren't money, then? What about
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desumeku
2y ago
This was my first thought when I heard about this. If Taiwan ever looks like it's going to fall, I think that there's going to be a massive concerted effort to extract all the talent and production equipment over to America so tha
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desumeku
2y ago
Do you think printing fiat money is somehow harder or less silly than printing cryptocurrencies? You don't have arguments against crypto, you just have arguments against money. "Anybody can come up with a different money that woul
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desumeku
2y ago
> They have no mechanism they can apply on the blockchain to actually enforce that order... How about legal authority, or prison? Even with cash, you aren't getting paid back because the court can walk into his home and grab the mon
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desumeku
2y ago
>New crypto-coins can be created at the press of a button Oh? Can you prove this? How are you capable of creating new Bitcoins without mining them? Surely this big secret you have should be worth sharing.
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desumeku
2y ago
Maybe it's a good idea to have a currency that isn't being inflated and devalued all the time with every little thing the government does. Kind of gold. Maybe digital gold? I'll call it bitgold. Or what about bitcoin?
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desumeku
2y ago
Expect to be using cryptocurrency a lot more than you're used to in the future. How does native integration with Windows and all major operating systems/phones sound?
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desumeku
2y ago
Correction: The USD is backed by a ponzi scheme where people who put money in have to rely on the USA being able to get more out to pay debt. If it fails at this at any point (which has nearly happened dozens of times!) then the entire thin
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desumeku
2y ago
Lumping an entire industry into a single convenient strawman isn't very good for you.
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desumeku
2y ago
It's not about "needing" another one. The "other one" is already here, whether you think you need it or not. Will America play the leading role in how the world reacts to its existence, or will someone else beat the
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desumeku
2y ago
Your idea of value is completely and utterly disrupted from the rest of the world, then.
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desumeku
2y ago
Hi, crypto steelman here. I have two answers: The first is the reality answer: the CEOs of all these companies (SOL, XRP, and ADA specifically) are directly involved and meeting with Trump officials and senators in order draft upcoming cryp
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desumeku
2y ago
> Certainly, crypto offers basically no democratic control outside of control of crypto itself. "For the hardcore neo-reactionaries, democracy is not merely doomed, it is doom itself. Fleeing it approaches an ultimate imperative. [.
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desumeku
2y ago
I also wanted to say "function", because the main distinguishing factor is that 'real' crypto assets are designed to perform some economic or financial purpose whilst memecoins are not.
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desumeku
2y ago
If only you knew that the end-game of crypto billionaires is to secede from society and use cryptocurrencies and blockchains as the foundation for an alternative parallel financial system that sucks its competitor dry. If you really hate cr
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desumeku
2y ago
>unlimited crime against others with no consequences At present I will acknowledge one great obligation to it, that is the Chapter sixth—of money page 21st “When these denominations are admitted & employed in transactions to diminish
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desumeku
2y ago
This may be news, but most objects are made by people, who are quite capable of having intent.
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desumeku
2y ago
Intent.
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desumeku
2y ago
"That makes sense, but isn’t quite supporting the crypto-world’s preferred narrative." What gives you that impression? This article is about memecoins, not 'real' cryptos like ethereum or bitcoin.
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desumeku
2y ago
This title is misleading. "Not a security" does not mean "no oversight". > “Although the offer and sale of memecoins may not be subject to the federal securities laws, fraudulent conduct related to the offer and sale
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