mr_spothawk

9 ms·

31.
by mr_spothawk 4y ago
I believe you are absolutely correct.
32.
by mr_spothawk 4y ago
> the single largest source of death in human history. Government?
33.
by mr_spothawk 4y ago
> the government should stop handing them out Minor nit: The gov't doesn't give the loans, they underwrite & insure the loans.
34.
by mr_spothawk 4y ago
Do i understand correctly, then, that your point is: "The fundamental value of fiat currency is its capacity to pay taxes to a regional entity?"
35.
by mr_spothawk 4y ago
> Holding money for 1-30 days is regular usage. This is (roughly speaking) the description of a currency, isn't it? I would point out that as a store of value, bitcoin's up > [BTC's] original task of matching or exceedi
36.
On the Merits of Proof of Work(braiins.com)
3 points by mr_spothawk 4y ago|1 comments
37.
by mr_spothawk 4y ago
no, i'm asking for an example of "society [correcting] itself via legislation"
38.
by mr_spothawk 4y ago
It's hard to not talk past people about these things... i'm really struggling to understand what you're trying to communicate. Are you saying that keeping some amount of bitcoin tied up in a LN channel is painful? Or are you
39.
by mr_spothawk 4y ago
> it is better than isolated subsistence agriculture. Have you ever considered why banks look like temples? Do you know the weight of a shekle? Consider discovering more about these topics before you opine on "money". > Mayb
40.
by mr_spothawk 4y ago
> True, if I keep my assets in EUR and only convert them to BTC as needed. What?? The parent was talking about the lightning network... which is built on top of the bitcoin node network. > being unable to run a full node anymore Full
41.
by mr_spothawk 4y ago
> a fine line between decentralized and deorganized i guess that line is the communication protocol?
42.
by mr_spothawk 4y ago
> fundamental means of valuation. Can you expound on the fundamental means of valuation for Fiat currency? It's my understanding that there is no fiat currency with any fundamental backing. I was pretty sure Khadaffi was killed for
43.
by mr_spothawk 4y ago
Relevant: https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitco...
44.
by mr_spothawk 4y ago
> via legislation (we've done that before). it would be helpful to me if you could cite an example. i don't actually think this is true.
45.
by mr_spothawk 4y ago
> Any fix for a failure in human organization(s) is going to come from ... humans. Sometimes the best fix is a disassembly.
46.
by mr_spothawk 4y ago
HSBC? WellsFargo? what are you talking about crypto-related fraud without even a nod to these enormous organizations that have been convicted (multiple times) of fraud?
47.
by mr_spothawk 4y ago
It ^^ me tho. Separate Money from the State
48.
by mr_spothawk 4y ago
It's because NFTs are garbage, and only serve to enrich the preminers and shills.
49.
by mr_spothawk 4y ago
but, you're wrong. there are forks of bitcoin, to be sure... but the majority of "cryptos" out there are GPU mineable coins, because there's hardware that can be exploited to mine "profitably". not to mention t
50.
by mr_spothawk 4y ago
the fashion industry is incredibly wasteful... promotes all sorts of un-healthy lifestyle behaviors... relies on sweatshops.
51.
by mr_spothawk 5y ago
Courage is a characterization of one kind of response to fear. You can't have courage without possible negative consequences to be fearful of, and then to be courageous in the face of.
52.
by mr_spothawk 5y ago
Yes you are. Watch how i can simplify it for you... > The idea that inflation is anything other than an increase in the supply of money is an intentionally confounding theoretical device with no basis in reality.
53.
by mr_spothawk 5y ago
> This in turn decreases the relative purchasing power of a dollar. you're again conflating price and monetary inflation. and again mixing in somebody else's prejoratives to flavor your discussion of their topics. here's a
54.
by mr_spothawk 5y ago
> long-debunked lol. > Defining inflation as a function of supply distracts us from the real-world problems causing broad-based increases in price. price is a function of supply and demand already. you don't need to redefine infl
55.
by mr_spothawk 5y ago
tfw "maintenance" is actually just "still in development"
56.
by mr_spothawk 5y ago
> Inflation was strongly negative It's not clear to me if you're talking about monetary or price inflation. https://mises.org/library/money-inflation-and-price-inflatio... > some economists have interpr
57.
by mr_spothawk 5y ago
isn't the current virtual money system already a PoS system? (i mean proof-of-stake, not the alternative inflammatory PoS)
58.
by mr_spothawk 5y ago
is electricity finite? i don't think so. you might say that the grid can only support a certain load at a some given time, but obviously more energy could be provided. in any case, i think it's silly to concern ourselves with (s
59.
Anonymous Unvaccinated Reporting System(aursonline.com)
3 points by mr_spothawk 5y ago|7 comments
60.
by mr_spothawk 6y ago
> Personally, I favor hitting people with billy clubs, because it leaves evidence of what happened You make a decent argument.

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