sparkie

38 ms·

391.
by sparkie 5y ago
Because they don't actually mean 'basic economics' when they say that. They mean Keynesian economics. Which is 'basically wrong' economics.
392.
by sparkie 5y ago
We seem to agree about 'crypto'. What we don't agree on is that you think Bitcoin is 'crypto'. Bitcoin is something else. It isn't pushed by a company selling snake-oil. It doesn't have a CEO. It's ma
393.
by sparkie 5y ago
> "The problem with Bitcoin is it shoves basic economics and monetary history in the toilet and replaces these with a radical monetary ideology, a blockchain-based embodiment of The Sovereign Individual." Quite the opposite. Bi
394.
by sparkie 5y ago
I see dimensional analysis, but in this table[1], torque and work have the same unit, and that unit is J. The SI itself states[2]: "...For example, the quantity torque is the cross product of a position vector and a force vector. The S
395.
by sparkie 5y ago
Does the type system handle equivalent units (dimensional analysis)? eg, N.m = kg.m^2.s^-2. Does the type system do orientational analysis? If not you to assign a value of work to a value of torque and vice versa, as they both have the
396.
by sparkie 5y ago
The link I selected was just the first thing that came up when I looked for a citation. I knew as a matter of fact that it was the case before making the search, purely from having read the work of actual economists, who have for decades, a
397.
by sparkie 5y ago
Cantillon has 1 i in it.
398.
by sparkie 5y ago
The original meaning of inflation literally referred to an increase in the stock of money (in excess of any new value created). It has been manipulated over the years to refer to 'price increases', which are the effect of the infl
399.
by sparkie 5y ago
Those who can afford to put 80% of their savings away for 20 years are those who are least vulnerable to the effects of inflation. The people most affected are those who have most of their assets in cash or cash equivalents. The low and min
400.
by sparkie 5y ago
That's precisely it. Inflation distributes wealth from those who have cash-backed savings, earn fixed wages, or have property leased under fixed rents, to the privileged who gain earliest access to the newly produced money. When the st
401.
by sparkie 5y ago
This is known as CPFP (Child pays for parent)
402.
by sparkie 5y ago
I've been rate limited since around 2018 to 5 posts per 3 hours. This was manually set by a mod.
403.
by sparkie 5y ago
3 months is a very short time. When you look over 10 years, it's not far off being a straight line[1] (on a log-scale Y-axis!) Bitcoin is for saving. You know, for things like retirement. I have 30 years to worry about that, do you thi
404.
by sparkie 5y ago
Print as many tethers as you want, it won't increase the supply of bitcoin. I don't care how many dollars, or tethered dollars I can buy with my bitcoin. The dollar is on its way out. A collapse of tether would be a boon for bitco
405.
by sparkie 5y ago
That's great and all, but can the Fed please design a dollar that doesn't have 1.7M more units created per second. I will stick with Bitcoin, thanks.
406.
by sparkie 5y ago
In the private sector, you can know whether what you are producing is an effective use of capital, because people voluntarily give up their money in exchange for your product or service. If you can't profit, you know that you are not
407.
by sparkie 5y ago
Looks like a "pile of concrete", similar to Brutalist architecture. It's very ugly
408.
by sparkie 5y ago
> Are you sure of this? Where do you think retirement income comes from? Public schools, infrastructure, hospitals, parks, national defense, COVID relief, etc? They came from the government... I was referring to the social credit system,
409.
by sparkie 5y ago
Please read the comic even if you have differing views to the author. You might be surprised by what's in it, and he has a good sense of humor. I would also recommend Schiff's "The Kingdom of Moltz"[1] Bitcoin is absolut
410.
by sparkie 5y ago
An economy grows by accumulating capital and then putting that capital towards productive uses. Merely holding bitcoin will not grow an economy, but by allowing people to accumulate capital more efficiently, without it being debased, people
411.
by sparkie 5y ago
A key difference is that an fexpr can access its caller's dynamic environment , which obviously, must happen at runtime and cannot be reasoned about statically. There are plenty of opportunities to access the caller's environment
412.
by sparkie 5y ago
Incorrect. The dollar is printed to benefit those who receive it first (who we will call Cantillionaires), at the expense of you and me who have dollar assets, property and (fixed) wages which we see decline in purchasing power as a result
413.
by sparkie 5y ago
No, because "cryptocurrency" does not actually solve the very unethical state-of-affairs where some people can just print money and others have to work hard for it. Bitcoin, not "crypto" fixes the problem, because everyo
414.
by sparkie 5y ago
Just letting you know, it's also a very derogatory racist term. https://www.urbandictionary.com/define.php?term=spade
415.
by sparkie 5y ago
Macros are also not first-class, whereas fexprs are. Macros and other special forms must appear in their own name when they are called. You can't necessarily bind them to a symbol and then use that symbol in its place with the same b
416.
by sparkie 5y ago
I see no reason why the same addressing mode could not be used in both versions. This just seems like an optimization that has been made under the assumption that in the addressing mode [reg1 + reg2 + disp] reg2 refers to a signed
417.
by sparkie 5y ago
Had Microsoft used common sense, they would not store the string representation of a date as an integer, period.
418.
by sparkie 5y ago
Merchants will prefer to accept the good money as payment (Thiers' Law) because it can retain value for longer. They will offer discounts for customers paying with the good money. Thus, customers might prefer to pay with the good money
419.
by sparkie 5y ago
> Oh, ok, so it is all about wealth. It's about not having your time and hard work stolen by pigs. And being able to transact and move freely even if despicable humans rate your "social credit score" too low if you do not
420.
by sparkie 5y ago
There's a lot of noise which can lead to people completely missing the signal. Speculation on "crypto" coins and fiat gainz is the noise. The KYC exchanges are the noise. Smart contracts are noise. NFTs are noise. Bitcoiners

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