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It's difficult to claim that any system is 'certifiably broken' until you can actually point to an actual effective real-world implementation of a 'better syste
by Tyrek 3y ago
It's difficult to claim that any system is 'certifiably broken' until you can actually point to an actual effective real-world implementation of a 'better system' (pareto or otherwise), no?
- ouid 3y agoNo. What? Say you're trying to invent a lightbulb. The first one ever, and it explodes when you plug it in. How would you describe its state?
- hudon 3y ago"I have failed to invent a light bulb" Broken implies it was working to begin with, or can be compared to something that works, as the post you're replying to states.
- ouid 3y agoNo. Your attempt is now just shards of glass. It's borked. Before it was broken, it didn't work, but now its broken.
- hudon 3y agosure, but the thing that's broken was just that, a "thing". It wasn't a "lightbulb", because it was never able to produce light. It's a broken "bulb", at best, and that's a correct use of the word "broken", because it can be compared to other bulbs that aren't broken, in this case the glass bulb itself.
- JAlexoid 3y agoNever having operated as desired and broken are different concepts. My square wheel isn't broken, because it's square.
- ouid 3y agoSeems like you just didnt read what I wrote.
- rchaud 3y agoNobody knows what a lightbulb is as it hasn't been invented. What you did was fail to reinvent the candle.
- ineedasername 3y agoI know what lots of things are that have yet to be invented. Space elevators and their variations, for example.
- cheriot 3y agoIs the one we have not better than the ones that came before it? It's popular to look things like the gold standard through rose tinted glasses, but economic numbers don't support it.
- bewaretheirs 3y agoSay you're selling a lightbulb and millions have bought it and then one day the millions of bulbs you've sold to millions of people all explode at the same time.
- pjc50 3y agoNah, it's definitely possible to point out failings in systems even before they're implemented, without having to prove that a better solution exists. It might not exist! You might just have to put up with an inadequate solution if it's better than nothing.
- TheRealPomax 3y agoNope. That's a really weird way to think about when you're allowed to call things broken. You can observe the effects, and with clear precision explain exactly what's broken just by looking at the thing itself.
- wmf 3y agoBrazil has a better payment system than the US. Brazil!
- hammyhavoc 3y agoCan you elaborate for the viewers at home in the UK?
- nbeleski 3y agoPix money transfer/payment system. Fully digital, easy to use, fast, cheap, available 24/7, launched by Brazil Central Bank and with massive adoption in the first year.
- spiralx 3y agoThe US financial infrastructure is remarkable in how far behind the rest of the world it is though, which is one of the reasons I think Bitcoin took off in the first place. Fast and free transfers of money never seemed quite so magical when every bank in your country already offered that service.
- wmf 3y agoBitcoin was about getting rich; using it for money transfers was just a fig leaf.