etherael

12 ms·

91.
by etherael 4y ago
We and a group of partners run a restaurant together. One day you decide to turn it into an apothecary for the dispensation of poisons, and keep the name and pretend that it's still a restaurant. Any mechanism which rubber stamps the a
92.
by etherael 4y ago
It would be easier even than that, observe what happened in 2017. Bitfinex said they would allocate the BTC ticker to the present BTC chain no matter what the hash power indicated was the actual canonical chain and that was the end of it.
93.
by etherael 4y ago
There are very good reasons to be fervently anti-BTC given its history since 2017.
94.
by etherael 4y ago
Are you now or have you ever been an adherent of "Leave me the hell alone" libertarianism? I'm sympathetic to it presently and I have been in the past, but I must admit that I struggle mightily to view any segment of the past
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by etherael 4y ago
> So where are the successful use cases that utilize Lighting Network? It's been pretty successful as a sword to destroy the original value proposition of bitcoin.
96.
by etherael 4y ago
This is exactly what lbry/odysee is.
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by etherael 4y ago
I have been saying this for over five years and never had even an attempt at a rebuttal. Most people in crypto with a clue simply accept it as a fact. USDT needs to die for the market to have any sensibility at all. Six years ago daily usdt
98.
by etherael 4y ago
The reasons laid out in the article have nothing to do with vanity, so which is it?
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by etherael 4y ago
Market discipline does not exist on state actors.
100.
by etherael 4y ago
> Citation needed. This institutionalized protection system is actually exactly how we got government in the first place. I'm not even sure I understand your hypothesis here. In the absence of the organisational units that engage in
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by etherael 4y ago
It's not that bizarre. It's called lying.
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by etherael 4y ago
> My point in the first half is that you can’t look solely at the costs without looking at the benefits There is no benefit from a political authority wielding entity which has not been provided by an entity that does not wield political
103.
by etherael 4y ago
Citation originally provided. https://en.m.wikipedia.org/wiki/Democide > How many do not die each year because of government? I'd honestly like to see any kind of attempt to quantify that, I've seen a few
104.
by etherael 4y ago
If the point is to reduce speed or accidents and their externalities, sure. If the point is to raise revenue from those penalties, not so much.
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by etherael 4y ago
Same thing happened to Australia where I'm from originally, and it doesn't seemed to have changed a thing anecdotally except of course the aforementioned escape velocity equation, and still not nearly enough to be competitive with
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by etherael 4y ago
If it's admitting the truth, then it should be at risk. Anything else is just delaying the inevitable and not planning adequately for its arrival in the meantime.
107.
by etherael 4y ago
Do the elites really get to choose the degree of social mobility in their societies? Do you have any comparative figures to back this up or further data? All I have is anecdote having grown up in poverty in what would likely be considered a
108.
by etherael 4y ago
Monarchy was an improvement on despotism, maybe constitutional republics were an improvement on democracy, etc etc etc. The organisational units could be considered destroyed, or they could be considered reconstituted, the point is that the
109.
by etherael 4y ago
No matter where FAANG host their infrastructure, if a particular set of states want to tamper with, censor, or surveil that infrastructure, they will be able to do it. The legal structures and the ability to identify ultimate beneficiaries
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by etherael 4y ago
Nothing that is the largest cause of unnatural death in the last century should be considered as "working". https://en.m.wikipedia.org/wiki/Democide https://mises.org/library/anatomy-stat
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by etherael 4y ago
Probably much the same way you can see that crypto in its old generic sense could do these things, with the additional security of the applications running on a blockchain, and the assurances about transaction integrity, censorship resistan
112.
by etherael 4y ago
> So, at no point did you consider that you were wrong in your base assumption and government does in fact work? Of course, many dozens of thousands of times throughout my life, desperately wished for that to be the case. Unfortunately t
113.
by etherael 4y ago
I was convinced government doesn't work and indeed that is the only reason I am interested in blockchain applications. Watching first hand how badly the entire affair has gone has been very useful into getting insight into why governme
114.
by etherael 4y ago
Loathe to wade into a political fray on that subject but will just point out that the author was an adherent of the political ideology responsible for the most deaths in the last century. It's hard to believe that the world would not h
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by etherael 4y ago
> The effects of both can be seen from Russia this week. Their massive disinformation campaigns and combined with effective near-total suppression of free speech has 60% to 80% So your first example that springs to mind to prove the simp
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by etherael 4y ago
If you had the ability to relatively risk free assist an NK defector and knew doing so would give you access to large economic reward, why would you choose not to?
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by etherael 4y ago
Which is another way of saying that trade that might be either can't even be effectively policed by the dystopian state if they want to use it for evading sanctions to the extent they're able without simultaneously shooting themse
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by etherael 4y ago
You can store crypto in your head, and you can certainly use it to put together funds which would be helpful to escape.
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by etherael 4y ago
As I clarified above, I am not promoting state to state white market economic activity. I am promoting peer to peer countereconomic black market activity which cripples the control and power of the closed economy with the express goal of de
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by etherael 4y ago
I didn't claim anything about stronger economic ties between the organisational units of the States in question. I was making the exact opposite claim, that you weaken a closed state proportional to the degree of its closure by using c

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