javert

33 ms·

301.
by javert 5y ago
Which raises a subsequent question: Why does the middle class clamor to raise taxes on the rich, which won't appreciably benefit themselves, when they could instead push to lower taxes on themselves, which will benefit themselves? Mayb
302.
by javert 5y ago
Lightning is not the only layer 2. In fact, the most obvious layer 2 is simply to use custodial solutions. However, I personally think lightning works better in practice than what you're saying.
303.
by javert 5y ago
I didn't say that. You're attacking a straw man.
304.
by javert 5y ago
There are also big risks to fiat money, such having the entire economic output of your civilization be grossly distorted by central banks.
305.
by javert 5y ago
You could also just not scale the blockchain, and instead use layer 2 solutions, which is the bitcoin approach.
306.
by javert 5y ago
Bitcoin is about giving the world honest money (someday), not about getting rich. Don't put "savings" in bitcoin.
307.
by javert 5y ago
Bitcoin fees are negligible on lightning network.
308.
by javert 5y ago
No it isn't. And I say that as a bitcoin proponent.
309.
by javert 5y ago
No, you are attacking strawmen.
310.
by javert 5y ago
"Anticompetitive" is an invalid concept invented to manipulate people. It's not a coherent concept; it doesn't describe something specific in reality; it doesn't have a useful purpose in honest thinking. But I agree
311.
by javert 5y ago
Yeah, they should sue the state of Colorado. Or just leave and go to another state.
312.
by javert 5y ago
That's totally normal here. You also get downvotes for talking about it, like we both are now.
313.
by javert 5y ago
Ever heard of graduate school?
314.
by javert 6y ago
You don't get to insult people and then tell them not to take it seriously. That is not how life works. If you don't mean something, don't say it. Instead of apologizing, you've now blamed the person you've insulted
315.
by javert 6y ago
FYI, my point about river width was not a put down in any way. I'm not sure if you took it that way. It seems like other people did. Average river width is not representative because there are often big population centers near wider pa
316.
by javert 6y ago
> tossing a rock across the river Rivers can be miles wide. That's actually the norm in a lot of people's experiences. Where I am from, "tossing a rock across the river" would be taken to mean something that's im
317.
by javert 6y ago
I'm curious what you would claim as evidence, if you are willing to share, even though, full disclaimer, I don't think talking about this sort of thing is within the realm of intellectual discourse.
318.
by javert 6y ago
You are correct. A good definition of money is "the most liquid good." People want to use the single most liquid good in transactions, for ease of transaction. In other words, good money drives out the bad.
319.
by javert 6y ago
The government forcing someone to give their estate to random strangers is absolutely a forced sacrifice. This is not me being poetic. I think we can agree on this. Do you not? The question is, whether we want human sacrifice, or not. I thi
320.
by javert 6y ago
Rights come from deciding what rules we need to have in place to thrive. Not God. There is no evidence for God. The argument that rights come from God is not sustainable today.
321.
by javert 6y ago
Yes. Freedom does not work if we are not also permitted to make irrational choices. What if the state thinks it's stupid to not only serve white people? That was true in my home state within living memory. What if the state thinks it
322.
by javert 6y ago
> has the advantage of greatly simplifying the probate process Which is why people do it. I have seen no evidence that trusts can reduce inheritance taxes. It you have specific examples, I'd appreciate that. I've always been to
323.
by javert 6y ago
Loving your children can be one of your chosen "ends." What is abhorrent is when the government choses your ends, for you. We should not want that. We should not want government-forced sacrifice instead of giving an inheritance to
324.
by javert 6y ago
Not that I'm aware of.
325.
by javert 6y ago
We should not want to prevent inequality through government intervention. We should want to live for our own ends, not for the sake of other people.
326.
by javert 6y ago
You are not going to be able to double spend a billion dollars. And it would cost hundreds of millions, possibly over a billion, to accumulate enough mining power to perform a 51% attack.
327.
by javert 6y ago
Aww, sounds like you're an American. Well, I have news for you... > my kids inherit what I've worked for Almost certainly that will also be taken away by the US government by the time you die.
328.
by javert 6y ago
> a 51 percent attack could technically make you a bitcoin billionaire That's not the case. A 51 percent attack doesn't allow you to steal bitcoin, if that's what you have in mind.
329.
by javert 6y ago
Thanks for sharing this.
330.
by javert 6y ago
I do think it's currently mainly used as an investment vehicle. I don't think that is the same as "mindless speculation," which is what you said before. Michael Saylor, who is the CEO of an S&P 600 company, makes a g

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