desumeku

10 ms·

91.
by desumeku 2y ago
This is a dumb question. The Fed can endlessly print as many dollars as it wants. They could print $20 trillion tomorrow. See? Just think about how much gold would be required to back that $20 trillion! Clearly gold is stupid. Right?
92.
by desumeku 2y ago
It didn't "fail". It was gradually dismantled and replaced by a new economic order based on credit.
93.
by desumeku 2y ago
Is the quote about dogs supposed to be about China?
94.
by desumeku 2y ago
Probably. That guy is really old.
95.
by desumeku 2y ago
I'm sorry, but you're kind of delusional and it's going to be hard to continue this conversation if you genuinely believe that transgender ideology outrage is a ploy by the rich and elite to divide and conquer the working cla
96.
by desumeku 2y ago
Fiat is not indispensable, hello. Did you forget that human societies used to primarily have metallism-based economies before central banks managed to entrap the entire world in a system of debt slavery?
97.
by desumeku 2y ago
Maybe when it stops escalating and getting bigger and bigger and continually growing over time?
98.
by desumeku 2y ago
What supposedly happened is that malware was installed on every multisig key signer's device and then the hacker showed them all a fake transaction that looked legit but actually changed the smart contract of the cold wallet to give hi
99.
by desumeku 2y ago
It's easy to agree with this position if you deliberately ignore that the "service" crypto provides is a decentralized, censorship-resistent, self-contained, global system of finance that is designed specifically for the mode
100.
by desumeku 2y ago
They are being loaned ETH to cover withdrawals and prevent what would amount to a bank run, not stablecoins. This entire comment chain is stupid and pointless.
101.
by desumeku 2y ago
I sure hope we don't end up in the same place where the monetary system is only being held up by the fact that there is more debt than money creating an endless competition for the limited quantity of money that exists in order to pay
102.
by desumeku 2y ago
They didn't regulate the crypto industry. They told everyone to stop and then refused to provide regulations or guidance on acceptable behavior despite continual begging by coinbase et al. to be allowed to cooperate.
103.
by desumeku 2y ago
It is kind of funny that you accuse me of adhering to a democratic-republican binary when it comes to my world view before immediately also accusing me of only holding the beliefs that I do because of trans people. I wonder which political
104.
by desumeku 2y ago
I can easily just turn around and say something like: "The work is you. You should be fed with so many distractions, so many logical fallacies, such that in the end you will say > Trump's presidency is the beginning of a fasci
105.
by desumeku 2y ago
You act like our institutions haven't already been ineffectual smokescreens for power to work behind the scenes. Trump's election is the most democratic thing to happen in decades. People are just shocked to find out that an elect
106.
by desumeku 2y ago
> I wish the Dart server ecosystem was more mature though. Being able to compile Dart into a static binary is so nice for deployment. Considering that both are made by Google, I can imagine that they just use Go for everything servers.
107.
by desumeku 2y ago
Is this where we're at now? Thinking that the new administration will just openly refuse to pay people's salaries as part of a formal deal?
108.
by desumeku 2y ago
Doubling-down on the dehumanization and simplification of your enemies is not how you convince others that you actually care about societal trust or cohesion.
109.
by desumeku 2y ago
It is funny, ironic, but moreso sad, to complain about the loss of societal trust and cohesion whilst actively engaging in an ideological purity spiral that merely worsens that loss.
110.
by desumeku 2y ago
Is it quite possible that the program was unconstitutional and had to be changed because they were being illegally discriminatory in their admission practices?
111.
by desumeku 2y ago
> No, they fear they are no longer above the people that used to be below them, specifically women and people with darker skin tones. This mindset, these words, are the exact reason why you lost and Trump is now in office.
112.
by desumeku 2y ago
You guys did this the last 4 years he was in office and nothing happened. I'm going to sign myself in for another 4 years of screaming while nothing happens. By the way, posting about how much you hate the government on bluesky is not
113.
by desumeku 2y ago
> 'The executive branch is not free to interpret the law in a vacuum.' Exactly how else are you supposed to get this tested by the courts?
114.
by desumeku 2y ago
That is not necessarily how this works. The only thing required to happen is that a super-majority of the miners running the bitcoin software voluntarily update to a new version. This is how changes have been done to BTC before.
115.
by desumeku 2y ago
20 year old internet troll here. This is good.
116.
by desumeku 2y ago
"Crypto needs to self-police and remove malicious actors" and "Crypto needs to stop having a public ledger" are two contradictory actions where achieving one would make the other impossible.
117.
by desumeku 2y ago
Intuition. If the majority of bitcoin usage was for transactions involving services and goods instead of speculative investment, there's a pretty strong case for a wager that the impact of speculative investment on its price would decr
118.
by desumeku 2y ago
Nobody has been advertising BTC as "anonymous" currency in over a decade. It was a public ledger since day 1. This is practically a strawman.
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by desumeku 2y ago
Bitcoin is the only large crypto that still uses Proof of Work. Almost all competitors use Proof of Stake, which uses almost no energy in comparison.
120.
by desumeku 2y ago
If BTC was widely used as a currency then it would not be subject to nearly as much speculation. I don't know why this needs to be pointed out.

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