javert

19 ms·

151.
by javert 5y ago
That's incorrect. The will of the people cannot necessarily be expressed when it has to be channeled through exactly two parties. The fact of there being two parties is dictated by the first past the post system. More detailed explanat
152.
by javert 5y ago
Should we be paying the US government to send our young men to die in trumped-up wars that we have no reasonable hope of winning? a) Vietnam b) Afghanistan c) Iraq That's what your tax money goes to, folks. Is that what Etsy moms shoul
153.
by javert 5y ago
I think a death-centric way of thinking about life is unhealthy. The fact of death isn't what makes things valuable or meaningful. The fact that our time span to enjoy things is limited also isn't what makes them valuable or meani
154.
by javert 5y ago
What do you actually hate about Objectivism and/or Ayn Rand? Can you be specific? The kind of comment you've made only ever comes from people who have some deeper problem with the philosophy or the book. Actually, nobody who jus
155.
by javert 5y ago
The train robberies and breakdown of civil order in CA remind me of Atlas Shrugged much more than Snow Crash.
156.
by javert 5y ago
Hah, they say the crooked printed money goes first to those sucking the government teat, so this makes sense...
157.
by javert 5y ago
Overprinting money causes massive economic distortion. For instance, the rich who get the money first are buying up all the houses, turning the US into a nation of renters. Another example--the federal government enables "easy money&qu
158.
by javert 5y ago
That's not a very helpful thing to say. Most of the obvious explanations for why BTC supposedly isn't good are easily debunked (and have been a thousand times already). It would be more helpful to give a specific criticism of BTC
159.
by javert 5y ago
> It appears cash settled futures were put in place in 2017 specifically to break the bull market in btc at that time. It worked. The price was totally unsustainable given the amount of supply entering the market daily due to mining. An
160.
by javert 5y ago
That idea about monopolies is part of the popular economic dogma, but I do not agree at all. In a free market, monopolies are tenuous at best.
161.
by javert 5y ago
They can. Do you not understand the difference between a rule for employees, and the law?
162.
by javert 5y ago
https://en.wikipedia.org/wiki/Snake_oil By definition, it's impossible to make all snake oil illegal. Think about all the crypto scams. They count. Even if crypto were outlawed, people will always come up with new
163.
by javert 5y ago
Do you disagree with something I said in my comment? I cannot see that you do. Also, frankly, I don't appreciate the sass. It isn't necessary.
164.
by javert 5y ago
That's not true. In a free market, the initiation of force is barred by the government, so there is no slavery. There is no point in arguing against a false representation of someone's view. This is childish and intellectually unh
165.
by javert 5y ago
In a pure free market, trading by insiders is legal. It used to be that way in the US. Also, keep in mind that regulation creates insiders of its own. Regulation always degenerates into a weapon of the corrupt.
166.
by javert 5y ago
You can have transactions denominated in crypto using conventional database technology. This happens when people buy crypto using PayPal or Cash App or Robinhood, and at least thousands of times a second worldwide on crypto exchanges. More
167.
by javert 5y ago
I explained the first statement in the rest of the comment. I don't think I understand what you're asking for. Or maybe you're referring to the second statement?
168.
by javert 5y ago
I think we should put the TSA in charge of the payments system.
169.
by javert 5y ago
Bitcoin, which can handle unlimited TPS. The vast majority of US dollar transactions happen off of the Fed's official ledger. Similarly, the vast majority of bitcoin transactions need not happen on the blockchain. That's probably
170.
by javert 5y ago
Bitcoin has principles the way most people mean the term. Ethereum does not. I've already given examples that make it clear. Ethereum's algorithmic constraints are merely algorithmic constraints that can be changed easily, where
171.
by javert 5y ago
Bitcoin really is defined by its principles. A fork that violates its principles (say, changing the 21M cap or violating the transaction history which hashes back to the genesis block) wouldn't be bitcoin, just like no amount of people
172.
by javert 5y ago
You can't keep traders from trading bitcoin. That doesn't mean bitcoin is unprincipled. It's in the whitepaper and the design of bitcoin. For example, the 21M btc supply limit. Bitcoin's design reflects a certain ideolog
173.
by javert 5y ago
Bitcoin is principled. Crypto is not principled.
174.
by javert 5y ago
FYI, you probably know already, but there are lots of crypto/blockchain people living in PR now. And, PR could definitely become a Singapore if the government would embrace that possibility (they're already part way there with the
175.
by javert 5y ago
Love the name of the company! Speaking as someone who lives in Santurce. ;) So glad to see this kind of high tech economic activity on the island.
176.
by javert 5y ago
I can't tolerate the global exploitation of non-ruling people in every nation by their rulers via fiat money manipulation. (And every nation calling itself a "democracy" is actually a "bureaucracy.") If you aren&#x2
177.
by javert 5y ago
This is a mix of Bitcoin denialism and climate religion. 1) Bitcoin mining is increasingly migrating to hydro and geothermal, because fossil fuels are too expensive in comparison. Presumably, nuclear will come eventually. 2) See what I did
178.
by javert 5y ago
Bitcoin difficulty does not always increase and needs not always increase. As for the rest... so what? It uses a lot of electricity and there is some pollution---but a lot of bitcoin mining is done with hydro or geothermal (and will be nucl
179.
by javert 5y ago
You're ignoring the potential good of bitcoin there. All economic activity looks like a waste if you ignore what it's good for. Niagara Falls is not what I had in mind. There is lots of untapped hydro power in extremely remote par
180.
by javert 5y ago
I agree with this. Just want to add, bitcoin mining can happen in remote locations with available power (hydro, geothermal) which are too far from cities to be transported by power wires. There is a limit to how far you can transmit electri

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