datadata

7 ms·

241.
by datadata 4y ago
The fact that there is forced demand does not matter because the supply is potentially infinite. Look towards any episode of hyperinflation to see this on full display. You need both limited supply and non-zero demand to guarantee scarcity
242.
by datadata 4y ago
What is your definition of pollution which includes any heat? Is a hurricane pollution?
243.
by datadata 4y ago
Energy is most definitely not fungible. The availability of energy and demand for energy can vary by greatly location. For it to be fungible, energy would need to be free to transport, or demand for energy would need to be location insensit
244.
by datadata 4y ago
If you don't take your phone everyplace and leave it at home often, you'll probably also end up in some list of suspicion people at some point in the future. Absence of data together with an identity is also a footprint.
245.
by datadata 4y ago
> Fed approval rating is very high [0] The fact that your source for this is April 2020 makes me conclude you are trolling
246.
by datadata 4y ago
> On the contrary, March 2020 I'm talking about credibility going forward. I said I agree with you for past events, and you again cite past events. The consequences of that intentional choice going forward are what matters. > The
247.
by datadata 4y ago
> the average person understands it more than you realize and they see zero value in it. The two most frequent reasons for not using BTC/Chivo being price volatility and not wanting to be tracked by their government. The article li
248.
by datadata 4y ago
I generally agree with you in that historically treasuries and USD have been the lowest risk asset and thus the place to go in a panic. But markets are forward looking and people will always try to predict what will perform better, rather t
249.
by datadata 4y ago
> The Fed mandate says "stable prices AND maximum employment". It says nothing about setting the fed fund rate in a way that enables investors to earn money from lending to an entity which has a zero default risk. I was not say
250.
by datadata 4y ago
It seems like we have high employment but unemployment rate is being ravaged by Goodhart's Law after being such an important needle for politicians and the Fed itself. It doesn't seem like many of the employment options are good,
251.
by datadata 4y ago
Your principal is safe only if you demarcate principal in dollars. This is only a reasonable way to measure principal when inflation is negligible. With inflation widely exceeding interest rates, it is unreasonable to consider the only risk
252.
by datadata 4y ago
You do not need to understand the entire operating system to benefit from open source. Open source can enable an end user to fix or at least report a narrow issue.
253.
by datadata 4y ago
Can you provide an example of a centralized authority providing a service with these features that is widely adopted? Because there are blockchains that provide these features currently, and central authority finance has had a lot more time
254.
by datadata 4y ago
Framing this as emergent rather than strategic makes a lot of sense.
255.
by datadata 4y ago
Are these frictions good for either businesses or consumers? What is wrong with the desire that a good consumer protection protection be rolled out nationally rather that state by state?
256.
by datadata 4y ago
Do you think that the growing size and complexity of software might be part of the strategy of those profiting from the suppression of free software, rather than a necessity for increased software quality?
257.
by datadata 4y ago
The fact that you only get this if you are a resident of a single state is part of my point. The law is good, but having each state exert its own rules is a lot of regulatory friction.
258.
by datadata 4y ago
I think ignoring it is more likely. Imagine instead every jurisdiction enacting similar unique laws. You'd have ~25 things to comply with.
259.
by datadata 4y ago
Pennsylvania is less than 4% of the US population. That's a really small piece and it wouldn't be sustainable if every jurisdiction that small enacted different rules
260.
by datadata 4y ago
The effect of this bill is probably that it will either never be enforced or companies will terminate business in Pennsylvania, at least until more jurisdictions adopt compatible rules. At best companies would only offer these rights for Pe
261.
by datadata 4y ago
Fair to say bitcoin fixes this particular large and important class of currency failure, by taking away the power to print it to death?
262.
by datadata 4y ago
In west coast cities, stop signs seem to serve the purpose of letting pedestrians exert their legal right of way where it would otherwise be taken by cars. Without stop signs, cars are not really likely to stop and pedestrians will wait unt
263.
by datadata 4y ago
I'm not sure this explains it. Look at the comments on any mainstream media article about crypto. The polarization is still there, and the more negative the article more attention there is.
264.
by datadata 4y ago
Thank you for pointing this out, I had no idea!
265.
by datadata 4y ago
2) Seems like a waste of bandwidth, did you consider the use case that turning off the video stream might be done to try to reduce bandwidth usage either due to cost of bandwidth or bandwidth being limited enough to break other simultaneous
266.
by datadata 4y ago
I think if the investment story of companies was better, maybe there would be less demand for crypto in the first place? Another big appeal is that in crypto the rules (governing the crypto itself) are not changeable by humans. This elimina
267.
by datadata 4y ago
Could you share a citation for your claim of "laughably tiny adoption"? What data are you looking at to reach this perspective?
268.
by datadata 4y ago
I think trading on the basis of private information at the expense of other shareholders without the same information is the problem. I'm less concerned about the specifics of filing requirements, and more concerned about information a
269.
by datadata 4y ago
I agree that markets are not natural and don't happen magically without human oversight and rules. But generally we want those systems to increase participation in the market. The criteria of net worth as a obstacle to market participa
270.
by datadata 4y ago
I believe that every financial transaction has the potential to be adversarial, there are many ways outside of investing that the poor are disproportionately exploited (lotteries, debt interest). I think the libertarian perspective is that

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