atweiden

6 ms·

1.
by atweiden 4y ago
To avoid ecological disaster, we need to slam on the brakes, not merely pump them. > Once the marginal productivity of physical capital is below the real interest rate people will abandon production even if there is a shortage of product
2.
by atweiden 4y ago
Hyperinflation of the old currency would erase all debt denominated in it as we shift to a global deflationary economic system. Once in the deflationary environment, the cost of borrowing would be higher, and there would be less reason to w
3.
by atweiden 4y ago
Another option is to pump the brakes . > “ As the lockdown to stop the spread of coronavirus in India continues, pollution levels across much of the country have dropped sharply. Now some residents in northern India say they can see the
4.
by atweiden 4y ago
> both Florida and California went through pretty stringent lockdowns In Australia, police would patrol the streets to ensure people were staying within a 5 km radius of their residence, and to ensure they were only out for a reason deem
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by atweiden 4y ago
> Without a really deep dive I'm not certain the island-country numbers of Australia or Japan would be achievable in the US If “being an island nation” was all it took to eradicate Covid, why was Hawaii unable to do so? It’s clear b
6.
by atweiden 4y ago
> Here in the U.S., at least, what has widely been maligned as "COVID denialism" was actually a deeper and more nuanced conversation about whether sudden, sweeping changes to society would prevent more harm than they cause. &gt
7.
by atweiden 4y ago
lizmat++ The innumerable dark-seeming corners of the language is part of what makes Raku so very, distinctly “Perl”. Little traits and single character sigils that change everything. I find the black magic of Perl моѕt all∪ring ∮.
8.
by atweiden 4y ago
> The concept of "inflating debt away" is an assumption that wages match inflation while debt stays static It also myopically focuses on household debt. But household debt is significantly lower than either corporate debt or go
9.
by atweiden 4y ago
> The alternative is to have your boss decide for you when he wants to fire you Just for fun, I thought I’d do the math on deflationary economics: #!/usr/bin/env raku use v6; multi sub deflate($n, $r, $y)
10.
by atweiden 4y ago
Have you used Raku before? The new and improved regex syntax [1] IMHO completely obsoletes legacy PCRE. Writing regexes in other languages feels like stepping into an ICE vehicle after driving a Tesla: so crufty and old and obvious legacy.
11.
by atweiden 4y ago
I’m disappointed in the way this Perl 6 v Perl 7 debate is developing. Perl 6 modernizes Perl with e.g. concurrent and reactive programming, built-in grammars and a reimagined regex syntax superior to legacy PCRE, named function arguments,
12.
by atweiden 4y ago
Miners hold enormous political power in Bitcoin. Users and developers are dependent on miners to create blocks. The negotiating power of miners is self-evident.
13.
by atweiden 4y ago
> All blockchains require social coordination. How do you think Bitcoin operates? That’s a great question, and one Jude C. Nelson — who has a PhD in distributed systems from Princeton — is better equipped to answer [1] than me (or you, p
14.
by atweiden 4y ago
> no one in this thread is promising utopia. i am merely pushing back against assertions of bitcoin being "most equitable". Fairly launched proof of work systems are a great deal more equitable than PoS premined ICO coins. This
15.
by atweiden 4y ago
> or can be coordinated by users in the network Phone-a-friend consensus aka “weak subjectivity” doesn’t meaningfully differ from the administration of centralized Git repositories. If your blockchain requires human intervention to resol
16.
by atweiden 4y ago
I’m only commenting from the perspective of investors concerned over debasement. 0.03% annual inflation reduces purchasing power by about 7% every 250 years.
17.
by atweiden 4y ago
A tail emissions rate of 0.03% or less annually seems acceptable. #!/usr/bin/env raku use v6; multi sub inflate($n, $r, $y) { my $m = $n; loop (my $i = 0; $i < $y; $i++) {
18.
by atweiden 4y ago
There isn’t an infinite amount of gold on earth, whereas there _is_ an infinite amount of any linearly emitted $COIN. Linear emissions models don’t resemble terrestrial gold mining. Linear emissions are a security tax paid for by investors.
19.
by atweiden 4y ago
Just to make sure I understand correctly, Eth2 stakers have no “voting” power, but are relied upon in a core capacity to ensure the continued functioning of the network? Something about this explanation seems incomplete.
20.
by atweiden 4y ago
> PoS is easier than PoW to defend against a 51% attack as the offending validator set can be targeted. Who decides which validators are malicious?
21.
by atweiden 4y ago
> how does the capital cost being mining hardware and electricity rather than a pos token make the system more equitable? Every well known proof of stake system today was either premined, ICO’d, sold to investors in private rounds at “sp
22.
by atweiden 4y ago
And that would constitute buying an equity. We’re not mining in your example, we’re buying shares in a mining company.
23.
by atweiden 4y ago
You’d have to be doing something seriously wrong in your staking endeavours to break even due to “staking costs” even over the course of 1000 years. The primary cost of staking is the initial investment in the stake, handedly. The initial i
24.
by atweiden 4y ago
Staking is similar to buying lottery tickets at the store, except you need never leave your home or pay any money for the tickets. It’s all about passive income generation. Mining is a business, with real costs and logistics to fret about.
25.
by atweiden 4y ago
Government money is a tool nations can use to further their own national interests. While this isn’t without its downsides (though see Yanis Varoufakis on CBDCs [1]), the gains from it are socialized. By contrast, an enormous percentage of
26.
by atweiden 4y ago
Coming from a rural, conservative farm community in Australia — which seems quite culturally compatible with your own as you describe it — I beg to differ. The case of Australia (and New Zealand) conclusively demonstrates it was in all ways
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by atweiden 4y ago
Anyone can make anything which supposedly “works better as cash”. How will they create confidence in the money, though? In addition, please bear in mind aluminium and copper are more _generally useful_ than gold. We cannot state, therefore,
28.
by atweiden 4y ago
As someone who prefers communicating strictly through text-based virtual media, I wholeheartedly support Mozilla’s message for a better web future. Mozilla’s message reminds us of the importance of keeping the web accessible for users with
29.
by atweiden 4y ago
> Presumably life isn't a race at all, which makes you wonder why everyone is in such a rush to attend university when they are young It’s the networking opportunities (i.e. “the college experience”) which suffer as the age gap grow
30.
by atweiden 4y ago
Isn’t it time we abandon the search for dark matter? https://www.cosmology.info/media/open-letter-on-cosmology.ht... https://web.archive.org/web/20170624042109/http://www.nytime...

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