hc07

3 ms·

1.
by hc07 10y ago
Every sensor can have a "canary" mode indicator. It bypasses NSL by claiming the negative: "Nope I have not been served by an NSL yet". This has been successfully used by companies to indicate that "the canary has d
2.
by hc07 10y ago
I'm not convinced that China's state-owned enterprises are a useful proxy for basic income. Why not? The people employed by these SEO get income (for doing nothing of value to the country). These people arguably are not being ab
3.
by hc07 10y ago
By "viral," do you mean "inflationary"? Not just inflationary. I mean that the Basic Income inside this system, will seek out and destroy "actual income". It weakens actual income to the point of irrelevance
4.
by hc07 10y ago
I'm thinking bigger than Wal-Mart. I'm thinking the world's largest foreign reserve owners, China and Japan. In fact, in China's attempt to weaken their yuan, do capital controls, provide growth and jobs to they're
5.
by hc07 10y ago
I want to explore another angle of this point I brought up (i mentioned this below for a different point): "What's the point of basic income then if eventually tens of thousands of GD is required to buy bread and basic income is o
6.
by hc07 10y ago
I like the analogy from Argentina. Bank runs equivalent is the major weakness - or people who profit from runs will attack it to make it happen. See Soros. GD, if it's meant to create distrust and runs, almost by definition must over t
7.
by hc07 11y ago
Wow, crazy idea. However, no matter how good or plausible this idea is, it's extremely vulnerable to itself... Central banks have power not only because they can issue currency, but also because they are a monopoly (in their sphere of