taolegal

19 ms·

151.
by taolegal 4y ago
> "I lost my dad" doesn't warrant an immediate "well, I didn't" Yea it does when it's used as a rhetorical blunt object to bash dissent in every conversation when people speak about the egregious &
152.
by taolegal 4y ago
I'm somewhat convinced that Say's Law was the big detour from sensible economic theory. Simply put, production sustains humanity. Without production somewhere there's no consumption. Handing out money fundamentally does not
153.
by taolegal 4y ago
> People can’t get all the information they need to make good individual decisions in a complex environment. The issue is that groups (at any size, and worse when turned into hard-to-change institutions) have their own unique disadvantag
154.
by taolegal 4y ago
It's self-contradicting in the sense that libertarianism in essence is like a politician saying "I want the power to minimize power, even my own." Practically no politician says that. It's a modest position.
155.
by taolegal 4y ago
> One who is strongly partial to one's own group, religion, race, or politics and is intolerant of those who differ.
156.
by taolegal 4y ago
> I've no interest in reading Ray Dalio. By admitting to bigoted ignorance, you lose the argument. Money is half of practically every transaction. Therefore its value has an enormous influence on economic activity. All economic calc
157.
by taolegal 4y ago
This is why everyone hates libertarians, it's an extremely modest ideology. The presumption of knowledge & power (hubris) is the basis for so much human suffering. Unfortunately it will never be defeated.
158.
by taolegal 4y ago
> In some countries especially EE people tend to be very ornery with their papers can you elaborate on what you mean by this?
159.
by taolegal 4y ago
> Less so when anti-vaxxers ensure we don't reach that point Wouldn't most anti-vaxxers have been infected by now & thus have durable immunity based on every protein of the virus vs. a single sub-unit of a protein? For what
160.
by taolegal 4y ago
> No one has said individual health choices doesn't matter The president created an unconstitutional vaccine mandate that violates individual health choices (after saying he had no power or intention of doing that during his campaig
161.
by taolegal 4y ago
That's not cloning bitcoin. It's the network & blockchain that's important & that's physically impossible to clone at this point without a time machine.
162.
by taolegal 4y ago
> only if you ignore the reality of how easily it can be and has been cloned The point is that it hasn't been cloned, since cloning it is impossible. Nothing will reproduce the almost miraculous circumstances of its growth & boo
163.
by taolegal 4y ago
> so you're (sic) chance of survival will be much higher But if we literally measure the survival by how infinitesimally close to 100% it is, maybe we should just identify the risk profile of who's likely to die. Spoiler: we di
164.
by taolegal 4y ago
But averages aren't a moral or sensible basis to determine the personal decisions of individuals.
165.
by taolegal 4y ago
The unconstitutional vaccine mandate was based on the premise that you're harming others by not getting vaccinated. Remember when Fauci was just making up herd immunity numbers based on the vaccination rate? He later admitted it was ma
166.
by taolegal 4y ago
Very true. After all it was Upton Sinclair who said: "It is difficult to get a man to understand something when his salary depends upon his not understanding it."
167.
by taolegal 4y ago
How about we go after all the useless politicians who virtue-signal and sanctimoniously condemn their opponents, meanwhile defunding nuclear, etc. & falling into a compromised geopolitical position where Europe is at the mercy of Russia
168.
by taolegal 4y ago
I have a hard time seeing Twitter as anything but a communist make-work program & propaganda dissemination platform. The politics are obvious, and extend to other companies as well.
169.
by taolegal 4y ago
Not true. First off, any number of miners could exist and the difficulty adjustment keeps the blockchain growing at a steady rate. Independent, easy & decentralized nodes are almost all that matter.
170.
by taolegal 4y ago
The point is that BTC network is for secure & decentralized final settlement. That's really the most important aspect of a sound money. For daily transactions Lightning bundles those transactions (as long as the channel exists) int
171.
by taolegal 4y ago
And 1 bitcoin transaction can easily be turned into 1,000-infinite visa transactions. It's called the lightning network.
172.
by taolegal 4y ago
It's bad because the ultimate truth that's been proven over the entirety of human history is that a small group of people simply do not possess the knowledge required to operate economies & plan peoples' lives. That knowl
173.
by taolegal 4y ago
Infection itself seems to reduce the risk reliably too. I suspect at a similar rate & more durably, especially considering that the vaccine only generates an immune response based on a single sub-unit of a protein. Versus infections whe
174.
by taolegal 4y ago
> This is deleterious beyond just economics. Put people out of a job and they go sick, die more frequently and have a general unpleasant time. This "people are going die" justification has been behind so much catastrophically u
175.
by taolegal 4y ago
> Month to month inflation has been flat or near flat for some months now Inflation compounds and we've been at relatively high inflation for a while now. Of course the Biden admin will want to just normalize this sustained inflatio
176.
by taolegal 4y ago
apparently it cost roughly $10k/year for an archive node back in 2020: https://tjayrush.medium.com/building-your-own-ethereum-archi... the point is that bitcoin has intentionally restricted block size to not expand the
177.
by taolegal 4y ago
You can't host the actual entire ethereum blockchain from the beginning of time for less than $500 on your own hardware.
178.
by taolegal 4y ago
Making blocks is much different than accepting blocks. Blocks have to be verified & accepted by peers aside from getting over the hurdle of POW. He complains about BTC arguing that the ability to “make a block” is the true basis of dece
179.
by taolegal 4y ago
It’s a communist tactic to sow division in society by raising tension along identity lines like race, etc. Of course schools usually cover this part of history as “McCarthyist nonsense.”
180.
by taolegal 4y ago
nah, as long as it's still easy for an individual to run a node and store the entire blockchain on their own it's miles ahead of anyone else

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