smokeyj

85 ms·

781.
by smokeyj 14y ago
You're correct, but in a "true" market the Federal Reserve wouldn't devaluate currency held/saved by the public, thus allowing the markets to better represent the productive agents of the economy (hint: all the people who go to work everyda
782.
by smokeyj 14y ago
Instead of rational, I would say valuable. Curing malaria can be more valuable than one's own baldness due to altruistic motives such as love, empathy, compassion. It can also be valuable for selfish motives. People do things like donate
783.
by smokeyj 14y ago
If I'm misinterpreting dscrd's argument please help me out. I interpreted his critique to markets as they won't work because they represent the will of the people, and sometimes the will of the people is wrong (because they're irrational)?
784.
by smokeyj 14y ago
I should have specified that I was talking about the US. My point was the US markets serve the US's demands very well. And if demand grew to cure malaria, the market would solve it, much like any other demand.
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by smokeyj 14y ago
> This is a big problem of free market fundamentalism, in my opinion. It's far too optimistic about how rational people are. I think it's a problem with your understanding, in my opinion. If you accept that people are inherently irratio
786.
by smokeyj 14y ago
> Healthcare and medicine break down when they become for-profit instead of for-health ventures. Saying for-profit and "for-health" (whatever that means) are mutually exclusive is simply not true. I just picked up some allergy medicatio
787.
by smokeyj 14y ago
Correct, treating baldness has more demand. My point is we can influence demand with things like outreach and awareness programs. I'm curious, of all the things killing poor people, who decided malaria was at the top? Some people see clean
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by smokeyj 14y ago
I feel that Gate's comment about curing baldness is a testament to the efficacy of the marketplace. Markets only represent what the people want, and I guarantee you that more people want to cure baldness than malaria. Bill is noticing a pro
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by smokeyj 14y ago
Did she suspend democracy? Or make it abundantly clear that such thing doesn't exist..
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by smokeyj 14y ago
Thank god the top comment is critical of an obviously novel project. You just saved me some work!
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by smokeyj 14y ago
I wonder what the best convention for generating secure brainwallets is. They seem much more prone to dictionary attacks if you're not careful. Is inventing words and nonsensical phrases the norm?
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by smokeyj 14y ago
Because wealthy people don't experience passion. Down with the 1%! #occupy
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by smokeyj 14y ago
This makes sense for the ubuntu phone coming out.
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by smokeyj 14y ago
> I’m fed up with the Aaron Swartz hagiography and subsequent bullshit garment-rending from people who didn’t know him > I don’t think I ever met him .. I may or may not have ever corresponded with him many years ago Tom Negrino, y
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by smokeyj 14y ago
> what they'll be getting is something else that shouldn't even be called by that name. Tell me you wore a monocle while typing that
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by smokeyj 14y ago
> Most of this comment is nonsense. But many of you can't see that because you're American. You're not even trying to sound reasonable.. is there even a point in there?
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by smokeyj 14y ago
> Now imagine we could all agree on some other goal that we would spend that much money on. Then create a kickstarter page and leave my paycheck alone. Just an idea.
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by smokeyj 14y ago
Defensive statist is defensive.
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by smokeyj 14y ago
> If the exchange rate goes to zero Users would switch to an exchange in a different jurisdiction before the price ever hit zero.
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by smokeyj 14y ago
Do bitcoin users care if it's legal? Sure, some would. I doubt the underground economy would.
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by smokeyj 14y ago
Glad to see voting with my money is having a real impact. I've been using namecheap since the godaddy fiasco and love the service.
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by smokeyj 14y ago
Unregulated sharing pisses me off. Let's put an end to this madness.
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by smokeyj 14y ago
I don't accept the notion of a demographic being "under-represented". I think it's arbitrary and you haven't addressed it. There is no "correct" amount of representation, and trying to offset workforce statistics due to some misplaced sense
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by smokeyj 14y ago
How does a demographic become a)targeted, and b) under-represented? It comes across as arbitrary. Especially in the context of running a business to deliver value. I think if you see all people as just people, a notion like "targeting a dem
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by smokeyj 14y ago
Investing time to target a certain demographic seems discriminative to the excluded demographics. If equality is the goal, this seems hypocritical.
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by smokeyj 14y ago
And how the law will use it. Seems like a great way to find criminals and activists at scale
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by smokeyj 14y ago
> Expect to see lots of superficial genuflection from Republicans Politicians play politics. News at 11
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by smokeyj 14y ago
Can exploiting human nature be a positive thing? If looking healthy to attract the opposite sex can encourages people to work out, is that exploiting our "simple" sexual nature? To me, pretending to have a girlfriend seems as deceitful as d
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by smokeyj 14y ago
> school zone laws existed not for deterrence but to provide for stronger punishments I imagine stronger punishment is supposed to be deterrence. When your only tool is a hammer..
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by smokeyj 14y ago
People seem pretty conflicted about democracy. They want 'the people' to be in control, but not really -- because they're not very smart and somewhat irrational. Yet they're all for voting. Maybe because they knew their vote doesn't matter?

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